US Basmati Rice consumption is estimated at 227,000 ton by 2023

Author: QYResearch  |   Published Date: 2018-05-15   |   Views: 265

Publisher: QYResearch

Published Date: 2018-05-15


The major manufacturers are concentrated in India, such as LT Foods, Amira Nature Foods, Best Foods, KRBL Limited and Kohinoor Rice. At present, LT Foods is the world leader, holding 42.08% consumption market share in 2016.

The United States consumption of Basmati Rice increases from 103,251 tons in 2012 to 139,868 tons in 2016, at a CAGR of more than 7.88%. In 2016, the United States Basmati Rice consumption market is led by West and West is the largest region consumption market, accounting for about 40.40% of United States consumption of Basmati Rice.

Basmati Rice downstream is relatively single and recently Basmati Rice has acquired increasing significance in various fields of Direct Edible and Deep Processing. The Basmati Rice market is mainly driven by growing demand for Direct Edible. Direct Edible accounts for nearly 95.17% of total downstream consumption of Basmati Rice in global.

Basmati Rice can be mainly divided into Indian Basmati Rice and Pakistani Basmati Rice which Indian Basmati Rice captures about 87.58% of Basmati Rice market in 2016. According to our research and analysis, manufacturers from India are the major leaders in the international market of Basmati Rice.

United States market is expected to witness significant growth on account of rising applications, so in the next few years, Basmati Rice consumption will show a trend of steady growth. In 2023 the consumption of Basmati Rice is estimated to be 227,701 tons. On product prices, the slow downward trend in recent years will maintain in the future.

The United States Basmati Rice Market Report 2018 report released by QYResearch provides a basic overview of the Basmati Rice industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.

The report then focuses on major industry players in United States, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the Basmati Rice industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.

Click to view the full report:https://www.qyresearch.com/index/detail/153308/united-states-basmati-rice-market
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