GCC Rice Market Size, Industry Trends, Share, Growth and Report 2024-2032

Rice Market - GCC

Market Statistics

Base Year: 2023

Historical Years: 2018-2023

Forecast Years: 2024-2032

Market Growth Rate: 3.3% (2024-2032)

The GCC rice market is growing due to high consumption, increasing demand for premium varieties, and a focus on food security. According to the latest report by IMARC Group, the market is projected to grow at a CAGR of 3.3% from 2024 to 2032.

Download sample copy of the Report: https://www.imarcgroup.com/gcc-rice-market/requestsample

GCC Rice Market Trends and Drivers

·         Factors Driving Growth:

• High consumption of rice as a staple food.
• Increasing demand for premium and specialty rice varieties.
• Population growth in the GCC, alongside an influx of expatriates from rice-consuming countries like India, Pakistan, and Southeast Asia.

·         Variety Demand:

• Rising demand for various rice types, including Basmati, Jasmine, and Arborio rice.
• Shift toward premium-quality rice due to rising disposable incomes.

·         Health Trends:

• Preference for healthier options such as organic and fortified rice.

·         Impact of Hospitality Sector:

• The hospitality and food service industries driving rice demand.
• Rice as an essential component of regional and international cuisines, especially in major cities and tourist hubs.

·         Food Security Initiatives:

• Growing focus on food security and self-sufficiency among GCC countries.
• Investments in domestic rice production to reduce reliance on imports.

·         Technological Advancements:

• Exploring agricultural technologies like hydroponics and precision farming to boost local production in arid climates.

·         E-Commerce Transformation:

• Growth of online grocery platforms facilitating easier access to a variety of rice brands, including organic and specialty options.

·         Future Outlook:

• Continued market growth anticipated as consumer preferences evolve and food security initiatives gain traction, driven by demand and innovation.

GCC Rice Market Report Segmentation:

The market report offers a comprehensive analysis of the segments, highlighting those with the largest GCC rice market share. It includes forecasts for the period 2024-2032 and historical data from 2018-2023 for the following segments.

Product Type Insights:

• Regular
• Aromatic

Type Insights:

• Red Rice
• Arborio Rice
• Black Rice
• Grain Fragrance Rice
• Brown Rice
• Rosematta Rice
• Grain Parboiled Rice
• Sushi Rice
• Others

Grain Size Insights:

• Long Grain
• Medium Grain
• Short Grain

Distribution Channel Insights:

• Offline Stores
• Online Stores

Application Insights:

• Food
• Feed
• Others

Country Insights:

• Saudi Arabia
• UAE
• Qatar
• Bahrain
• Kuwait
• Oman

Request for customization: https://www.imarcgroup.com/request?type=report&id=9241&flag=C

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Key highlights of the Report:

• Market Performance (2018-2023)
• Market Outlook (2024-2032)
• COVID-19 Impact on the Market
• Porter’s Five Forces Analysis
• Strategic Recommendations
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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