Analyzing Dried Grains and Rice Market: Global Industry Perspective and Forecast (2024 to 2031)

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5 min read

Executive Summary

The global Dried Grains and Rice market research report provides valuable insights into the current market conditions and future trends of the industry. The market is expected to grow at a CAGR of % during the forecasted period.

Market Trends: The increasing global demand for convenience food products and the rising popularity of healthy and nutritious food options are driving the growth of the Dried Grains and Rice market. Consumers are becoming more health-conscious and are looking for options that provide them with the necessary nutrients and energy. Additionally, the growing trend of plant-based diets and gluten-free options is further fueling the market growth.

Geographical Spread:

North America (NA): The North American market is witnessing a surge in demand for organic and non-GMO dried grains and rice products, driven by the increasing health awareness among consumers.

Asia Pacific (APAC): The APAC region is expected to witness substantial growth in the Dried Grains and Rice market due to the rising population and changing dietary preferences in countries like India and China.

Europe: The European market is characterized by the increasing consumption of gluten-free and organic products, with consumers looking for healthier alternatives to traditional grain and rice products.

USA: The market in the USA is experiencing significant growth, with consumers shifting towards healthier food options and looking for convenient and easy-to-cook products.

China: The Chinese market is one of the largest consumers of rice and grains, with the demand for premium and high-quality products on the rise.

Overall, the Dried Grains and Rice market is witnessing steady growth globally, driven by changing consumer preferences and the increasing focus on health and wellness. The market is expected to continue its growth trajectory in the coming years as consumers prioritize nutrition and convenience in their food choices.

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Market Segmentation:

This Dried Grains and Rice Market is further classified into Overview, Deployment, Application, and Region. 

In terms of Components, Dried Grains and Rice Market is segmented into:

  • Asia Golden Rice
  • Capital Rice Group
  • Thanasan Group
  • Ake Rice Mill
  • COFCO
  • Alobha
  • Kohinoor
  • Lal Qilla
  • Daawat
  • Archer Daniels Midland Company
  • Cargill
  • Louis Dreyfus
  • American Rice
  • Gulf Rice Milling, Inc
  • REI Agro Ltd
  • KRBL Ltd
  • Lakshmi Group
  • Bunge Ltd.
  • CropEnergies AG
  • Didion Milling
  • Flint Hills Resources LLC
  • Green Plains, Inc.
  • GreenField Global, Inc.
  • Husky Energy, Inc.
  • Pacific Ethanol, Inc.
  • Poet, LLC
  • Purina Animal Nutrition LLC.
  • Valero Energy Corporation

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The Dried Grains and Rice Market Analysis by types is segmented into:

  • Rough (Unmilled Rice)
  • Parboiled Rice
  • Brown Rice
  • Fully Milled (White) Rice
  • Dried Beans
  • Chickpeas
  • Others

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The Dried Grains and Rice Market Industry Research by Application is segmented into:

  • Household
  • Retails
  • Catering
  • Food Industrial
  • Others

In terms of Region, the Dried Grains and Rice Market Players available by Region are:

North America:

  • United States
  • Canada

Europe:

  • Germany
  • France
  • U.K.
  • Italy
  • Russia

Asia-Pacific:

  • China
  • Japan
  • South Korea
  • India
  • Australia
  • China Taiwan
  • Indonesia
  • Thailand
  • Malaysia

Latin America:

  • Mexico
  • Brazil
  • Argentina Korea
  • Colombia

Middle East & Africa:

  • Turkey
  • Saudi
  • Arabia
  • UAE
  • Korea

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Key Drivers and Barriers in the Dried Grains and Rice Market

Key drivers in the Dried Grains and Rice market include increasing consumer demand for convenient and healthy food options, growing awareness about the nutritional benefits of grains and rice, and expanding distribution channels. However, barriers such as fluctuations in raw material prices, stringent regulations regarding food safety, and intense competition from substitute products can hinder market growth. Challenges faced in the market include meeting the quality and safety standards set by regulatory authorities, managing supply chain complexities, and addressing sustainability concerns related to production practices and packaging materials. Additionally, the impact of climate change on crop yields poses a significant challenge for the industry.

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Competitive Landscape

Capital Rice Group is a leading player in the dried grains and rice market, with a strong presence in Southeast Asia. The company was founded in 1984 and has since grown to become one of the largest rice exporters in the region. Capital Rice Group has a reputation for providing high-quality rice products to customers worldwide, including both white and jasmine rice varieties.

In terms of market growth, Capital Rice Group has seen steady expansion over the years due to increasing demand for rice products globally. The company has focused on expanding its production capacity and distribution network to meet the growing market needs. As a result, Capital Rice Group has secured a significant market share in the dried grains and rice industry.

Another key player in the market is COFCO, a Chinese state-owned agribusiness conglomerate. COFCO has a strong presence in the rice market and is known for its extensive production facilities and distribution channels. The company has been a major player in the global rice trade, with a focus on both domestic and international markets.

In terms of sales revenue, COFCO reported a revenue of over $34 billion in 2020, highlighting its significant presence in the dried grains and rice market. The company's strong financial performance is a reflection of its competitive position in the industry and its ability to meet market demands effectively.

Overall, Capital Rice Group and COFCO are two key players in the dried grains and rice market, with a strong track record of growth and success. Their focus on quality products, production efficiency, and market expansion has allowed them to establish themselves as leaders in the industry.

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