Press Release

Global Glutinous Rice Market to Grow at a Healthy Pace During 2024-2032, Aided by the Rising Consumption of the Product in Thailand

Global Glutinous Rice Market

According to a new report by EMR titled, ‘Global Glutinous Rice Market Report and Forecast 2024-2032’, the global glutinous rice market is being aided by the rising consumption of the rice in Thailand. In 2023, the Thailand glutinous rice consumption stood at a volume of 6.7 million tons.

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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Market Analysis by Nature, Size, Type, and Region:

  • On the basis of nature, the market is bifurcated into organic and conventional.
  • By size, the industry can be divided into short grain, medium grain, and long grain.
  • Based on type, the industry can be divided into white, brown, and black, among others.
  • The regional markets for glutinous rice include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Key Findings of the Report:

  • The growth of the food and beverage industry and the growth of restaurant chains are boosting the growth of the industry.
  • The growth of the population is driving the rising consumption of the product.
  • The product is also widely demanded because it contains low fat and a large amount of nutrients.
  • Glutinous rice is a rich source of minerals and vitamins, making it a preferred choice among consumers, propelling the market growth.

 

Key Offerings of the Report:

  • The EMR report gives an overview of the global market for glutinous rice for the periods (2018-2023) and (2024-2032).
  • The report also offers the historical (2018-2023) and forecasted (2024-2032) markets for the nature, sizes, types, and major regions of glutinous rice. 
  • It assesses the regional price trends for the (2018-2023) and (2024-2032) periods.  
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

 

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.

 

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

 

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

 

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