Press Release

As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

Middle East and Africa Basmati Rice Market to be Aided by Growing Rice Consumption in the Forecast Period of 2020-2025 

According to a new report by EMR titled, ‘Middle East and Africa Basmati Rice Market Report and Forecast 2020-2025', the Middle East consumed almost 9.1 million tons of rice in 2017, with Africa consuming 0.9 million tons the same year. The Middle East and Africa basmati rice market is expected to grow, aided by the rising rice consumption in the region in the forecast period of 2020-2025.

The Middle East and Africa basmati rice market is being aided by the rising population in the region. Basmati rice is a part of the staple diet of Middle Eastern and African people. It is a long-grain rice with a subtle fragrance. The rice variety is used in the preparation of rich dishes made of multiple layers of dried fruits, meats, and rice. Their demand is increasing due to their nutritive and low-fat content.

The Middle East and Africa region is dependent upon basmati rice imports from the Asia Pacific region, especially from India, to meet its rice requirements. Iran and Saudi Arabia are among the chief rice importers in the world. In 2015, Iran was considered the largest importer of rice from India. The massive demand for rice in Iran is due to the vast population there who eat rice as a staple food. Iraq, too, is an enormous consumer of rice and consistently imports high-quality rice from India.

In March 2016, LT Foods, a key player in the Middle East and Africa basmati rice market, announced the acquisition of Hindustan Unilever Ltd’s (HUL) branded rice business, including its ‘Gold Seal Indus Valley’ and ‘Rozana’ brands. This acquisition will help the company strengthen its position in the Middle East market as it opens up the avenue to the markets in Qatar, Bahrain, and Oman, while also invigorating the company’s existing presence in Saudi Arabia, Kuwait, and the UAE. The demand for basmati rice, globally, is majorly boosted by prominent retail companies like Walmart (NYSE: WMT), Tesco (OTCMKTS: TSCDY), and Amazon (NASDAQ: AMZN), who are prominently stocking the rice variety in their inventory.

Market Analysis by Forms and Consumption by Countries:

  • Basmati rice can be broadly divided into raw and parboiled forms.
  • In the Middle East and Africa region, basmati rice is widely consumed in Iran, Saudi Arabia, UAE, Iraq, and Kuwait, among other countries.

Key Findings of the Report:

  • The rise in the population of the Middle East and Africa is aiding the growth of the basmati rice market in the region.
  • The growing urban population, along with the rise in disposable income in the area, is further driving the industry forward.
  • The rising demand for basmati rice due to it being an integral part of various Middle Eastern cuisines is also propelling the industry forward.
  • The rising consumption of basmati rice is providing a further impetus for the growth of the market.
  • The rising health consciousness and the growing nutritive awareness with regards to basmati rice is a crucial factor driving the growth of the basmati rice industry in the Middle East and Africa.

Key Offerings of the Report:

  • The report offers market information for the forms of basmati rice and its consumption by countries for the historical (2015-2019) and forecast (2020-2025) periods.
  • It also gives an overview of the global basmati rice market looking into its historical (2015-2019) and future (2020-2025) markets.
  • The report evaluates the 2019 global trade data, providing information for the value and volume of the major importing and exporting countries.
  • It provides a detailed look into the regional price trends in the Middle East and Africa market for the periods (2015-2019) and (2020-2025).

Adani Wilmar Limited, L.T. Foods Limited, Supple Tek Industries Pvt ltd., Kohinoor foods Ltd, Amar Singh Chawal Wala, and Saif International Limited, among others, are the key players in the Middle East and Africa basmati rice market. The EMR report looks into the capacity, market share, and latest developments of these major players like plant turnarounds, mergers and acquisitions, and capacity expansions.

About Us:

EMR is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At EMR, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

Contact Us:

Expert Market Research
Website: www.expertmarketresearch.com

Email: sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790

Why Expert Market Research?

RIGHT PEOPLE

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

RIGHT METHODOLOGY

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

RIGHT PRICE

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

RIGHT SUPPORT

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

Similar Reports

Global Mung Beans Market Report and Forecast 2020-2025


India Agrochemicals Market Report and Forecast 2020-2025


GCC Basmati Rice Market Report and Forecast 2020-2025


Indian Apiculture Market Report and Forecast 2020-2025


NEWSLETTER