Jasmine Rice Market Scope
Jasmine rice is also known as Aromatic rice, is a fragrant long-grain rice variety. Thailand, Cambodia, and southern Vietnam are the top producers of jasmine rice. When cooked, it has a mildly sweet flavor and is juicy and soft in texture. When cooked, the grains cling to each other and become slightly sticky, though not as sticky as glutinous rice due to the lower amylopectin content. It has three times the stickiness of long-grain rice from the United States. Improved Immune System is one of jasmine rice's benefits. It Promotes Healthy Pregnancy, Jasmine rice is packed with folic acid, and it Supports Digestive Health. Colorful kinds of jasmine rice, including red, purple, and blue, are packed with phytonutrients. The share of Jasmin rice exports Thailand to the USA IS 41% in 2020. Similarly Thailand to China 11.6%, Thailand to Hong Kong 10.6% respectively.
The Jasmine Rice market study is segmented by Type (White, Brown and Others), by Application (Industrial and Household) and major geographies with country level break-up.
Mergers and acquisitions, expansions, investments, new service launches, and collaborations are some of the companies' preferred market-exploration strategies. Players are expanding and acquiring businesses in new geographies to get a competitive edge through synergy. Pricing analysis and a comprehensive assessment of market conditions during the forecast period are included. Ian t's in-depth study that concentrates on primary and secondary drivers, market share, leading segments, and regional analysis.
COFCO (China), Fu Tai Long (China), Wilmar (Singapore), Wan Nian Gong (China), Endaksi (Calimera Llc) (Russia), Fade-Kay Ventures Limited (Turkey), Hs Rice Co., Ltd (Cambodia), Ohspicy Food Ltd (Thailand), Natufoodvn (Vietnam) and Chanhkhang Rice Vermicelli (Vietnam) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AMA Research has segmented the market of Global Jasmine Rice market by Type, Application and Region.
On the basis of geography, the market of Jasmine Rice has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
In May 2020, India Gate Basmati Rice teamed up with Zomato and Swiggy to bring products to consumers’ home doors. and In Jan 2020, LT Foods, an Indian snacks company, has partnered with Kameda Seika, Japan's largest rice crackers maker, to launch rice crackers. The two companies collaborated to produce a line of rice crackers.
Market Trend
- Increasing Demand for Specialty Rice Varieties
Market Drivers
- The dietary shift of consumers towards carbohydrate-based diet
- The rice exports by Asian countries growing demand for the Jasmine rice market
- Changing lifestyle and growing population
Opportunities
- Improved rice production technologies create an opportunity
- Increasing consumption of jasmine rice in developed countries
Restraints
- Increasing Governments Initiatives
- Substitute availability for the Jasmine rice
Challenges
- Declining productivity in intensive rice production systems
Key Target Audience
Jasmine Rice manufactures, Jasmine Rice producer, Jasmine Rice Retailer, Investors, Government & Regulatory Bodies and Research Institutes
Frequently Asked Questions (FAQ):
1. Is it possible to have certain customization in the study?
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a study that suits your business objectives.
2. How big is the Jasmine Rice Market?
Yes, the study does represent market size by key business segment, application/end users and major geographies forecasted till 2027.