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The global market for glutinous rice is being driven by the rising health consciousness among consumers. Glutinous rice provides a range of health benefits since it is abundant in minerals and vitamins that are important to the body. The various health benefits of glutinous rice include its ability to prevent chronic diseases, control diabetes, enhance digestion, and reduce inflammation. Glutinous rice is also a rich source of selenium, a critical mineral that provides antioxidant protection for tissues and protects cells from damage caused by free radicals. In addition, glutinous rice also contains small quantities of other essential nutrients, such as vitamin B-5 and copper.
Glutinous rice or sticky rice is available on various distribution channels, including Amazon.com, Inc. (NASDAQ: AMZN) and Walmart Inc (NYSE: WMT), as its demand is witnessing a robust growth among the health-conscious consumers. The wide availability, along with the growing globalisation of cuisines, is propelling the growth of the market. The growing demand for organic and clean label products is expected to emerge as a major trend in the industry, with key players like Koda Farms, Inc. already offering such products. Being a staple food in many of the Asian culture, rice is expected to witness sustained demand in 2021, despite the COVID-19 pandemic.
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The major players in the global glutinous rice market are Koda Farms, Inc., Thai Flour Industry Co. Ltd, Golden Grain Enterprise Company Limited, Wonnapob Co., Ltd., and Van Loi Food Processing Co., LTD, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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