Types, Applications, and Manufacturers of Basmati Rice: Insights for End Users
Published on: February 6, 2024.
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Basmati rice, known for its distinctive spicy fragrance and flavor, contains a natural aroma compound called 2-acetyl-1-pyrroline, which is about 12 times more than non-basmati rice varieties. This aromatic compound gives basmati rice its unique pandan-like flavor, which can also be found in cheese, fruits, and other cereals. Approved as a flavoring agent in the US and Europe, this compound is used in bakery products to add aroma.
The global market for Basmati Rice is projected to grow significantly, with an estimated worth of US$12,180 million in 2023 and a forecasted size of US$21,700 million by 2030. The market is expected to have a compound annual growth rate (CAGR) of 8.5% during the forecast period from 2024 to 2030.
In order to provide a comprehensive analysis of the global Basmati Rice market, QYResearch has released a new report titled “Global Basmati Rice Market Report, History and Forecast 2019-2030, Breakdown Data by Manufacturers, Key Regions, Types and Application.” This report explores the current market situation and its historical analysis from 2019 to 2023, as well as forecast calculations from 2024 to 2030. It provides valuable insights into market size, share, demand, industry development status, and future forecasts.
The report offers advanced statistics and information on global market conditions, including the strategic patterns followed by renowned players worldwide. By examining competition, supply and demand trends, and key factors influencing market demands, stakeholders can make informed decisions and develop effective growth strategies. The analysis of market restraints presented in the report is crucial for strategic planning, as it helps stakeholders understand potential challenges and devise strategies to overcome them. Market experts’ opinions are also incorporated in the report to provide valuable insights into market dynamics.
Moreover, the report evaluates the factors that drive or restrict market growth, including trends, restraints, and drivers, as well as their potential impact on different market segments and applications in the future. With a detailed analysis of market size, growth potential, and key trends for each segment, industry players can identify profit opportunities, strategies for specific customer segments, and efficient resource allocation.
The Basmati Rice market is segmented based on companies, types, and applications. Some of the major companies profiled in the report include KRBL, Amira Nature Foods, LT Foods, Best Foods, Kohinoor Rice, and Tilda Basmati Rice, among others. The market segmentation by type includes Indian Basmati Rice, Pakistani Basmati Rice, Kenya Basmati Rice, and others. The market segmentation by application includes direct edible and deep processing.
The report also provides a detailed analysis of market trends, sales volume, and revenue analysis by type and region. It covers important aspects such as manufacturers’ competition status, mergers and acquisitions activities, and expansion strategies. Additionally, it presents an industry chain analysis, market opportunities, and challenges, along with valuable conclusions based on a comprehensive survey conducted by QYResearch.
For more information on the report and to get a free sample PDF, please visit the source article on QYResearch’s website: Source.
