DUBLIN--(BUSINESS WIRE)--The "GCC Basmati Rice Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022" report has been added to Research and Markets' offering.
The GCC basmati rice market reached a value of nearly US$ 4 Billion in 2016.
A lack of rice production in the GCC countries and growing demand for better quality rice among the consumers in the region is majorly contributing to the growth prospects of the basmati rice market. Additionally, the high density of Asian expatriates in the region represents another key reason for the surge in the demand for basmati rice. Rising urbanisation rates, change in demographics and inflating income levels are further projected to boost the consumption of basmati rice in the GCC region. According to the report, the market is further expected to reach a value of around US$ 6 Billion by 2022, exhibiting a CAGR of 7.5% during 2017-2022.
The report has segmented the market on the basis of type including parboiled basmati rice and raw basmati rice. Among these, parboiled basmati rice holds the majority of the total sales. The market is further segmented on the basis of pack size as institutional packaging and retail packaging. On a regional-basis, Saudi Arabia represents the largest region, accounting for the majority of the total global share. This can be attributed to the large consumer-base in the Kingdom as compared to the other countries in the region. Saudi Arabia is followed by the UAE, Kuwait, Qatar, Oman and Bahrain.
Key Topics Covered:
2 Scope and Methodology
3 Executive Summary
5 MENA Basmati Rice Market
6 GCC Basmati Rice Market
7 Market Breakup by Country of Origin
8 SWOT Analysis
9 Basmati Rice Industry: Value Chain Analysis
10 Porter's Five Forces Analysis
11 Key Market Drivers and Challenges
12 Cultivation and Harvesting of Basmati Rice
13 Processing of Basmati Rice
14 Loans and Financial Assistance
15 Project Economics
16 Margins Across Various Stages of the Supply Chain
17 Competitive Landscape in Major GCC Countries
For more information about this report visit https://www.researchandmarkets.com/research/6mqsb2/gcc_basmati_rice