Report Ocean introduces a fresh report examining the “US Packaged Dry Rice Market” encompassing its size, share, growth, industry trends, and forecast up to 2030. This comprehensive analysis delves into various industry components and growth patterns that offer valuable insights for anticipating the market’s future trajectory.
The market is projected to expand at a CAGR of 6.2%, reaching a value of USD 11.5 billion by 2024.
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The US packaged dry rice market is experiencing steady growth, driven by factors such as an increase in rice consumption among the majority of the population, improved agricultural practices, and the introduction of innovative packaging solutions.
The market is segmented based on product type, with the white rice segment holding the largest market share. This is due to its longer shelf life, easier preservation, and higher popularity among consumers in the US, who prefer it because it is softer, tastier, and takes less time to cook than brown rice. Despite the lower nutrition content, white rice remains the preferred choice among consumers. However, the brown rice segment is expected to see a higher growth rate than the white rice segment during the forecasted period.
The market is also segmented based on distribution channel, with the supermarkets segment holding the largest market share in 2018. Supermarkets offer consumers the opportunity to compare and view products from various brands, making it more convenient for them to choose the item that best suits their requirements. The convenient stores segment is expected to see the highest growth rate during the forecasted period, due to their extended hours of operation, convenient locations, and stocks of popular brands, which attract and serve a large customer base.
Some of the key players in the US packaged dry rice market include Mars, Inc., McCormick & Company, Ebro Foods, S.A., Hain Celestial Group, Riceland Foods, Inc., Amira Nature Foods Ltd., Farmers Rice Cooperative, The Sun Valley Rice Company, LLC, American Commodity Company, LLC, and California Family Foods.
The market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, and future forecasts are discussed in the report for the following regions and/or countries: North America (U.S. & Canada), Latin America (Brazil, Mexico, Argentina, and Rest of Latin America), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, and Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, and Rest of Asia-Pacific), and the Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, and Rest of Middle East and Africa).
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The report addresses the following key questions regarding the US Packaged Dry Rice market:
- What is the expected growth rate of the market in the upcoming years and what factors are driving this growth?
- How do consumers perceive and adopt different types of US Packaged Dry Rice in the market?
- How are regulatory policies and government initiatives impacting the growth of the US Packaged Dry Rice market?
- What is the market share of the top 5 players in the US Packaged Dry Rice market and how is it likely to change in the future?
- What are the latest technologies and innovations in the US Packaged Dry Rice market and how are they shaping the industry landscape?
- How do macroeconomic factors such as inflation, GDP, and exchange rates affect the US Packaged Dry Rice market?
- What are the challenges related to the supply chain and logistics that US Packaged Dry Rice market players face and how are they addressing them?
- How is the changing consumer behavior and preferences influencing the dynamics of the US Packaged Dry Rice market?
- What are the potential risks and uncertainties associated with investing in the US Packaged Dry Rice market, and how can they be mitigated?
Reasons to Buy This Report
(A) The research provides valuable insights for top administration, policymakers, professionals, product advancements, sales managers, and stakeholders in the market. It helps them make informed decisions and strategize effectively.
(B) The report offers comprehensive analysis of US Packaged Dry Rice market revenues on a global, regional, and country level, projecting trends until 2030. This data allows companies to assess their market share, identify growth opportunities, and explore new markets.
(C) The research includes segmentation of the US Packaged Dry Rice market based on types, applications, technologies, and end-uses. This segmentation enables leaders to plan their products and allocate resources based on the expected growth rates of each segment.
(D) Analysis of the US Packaged Dry Rice market benefits investors by providing insights into market scope, position, key drivers, challenges, restraints, expansion opportunities, and potential threats. This information helps them make informed investment decisions.
(E) The report offers a detailed analysis of competitors, their key strategies, and market positioning. This knowledge allows businesses to better understand the competition and plan their own strategies accordingly.
(F) The study helps evaluate US Packaged Dry Rice business predictions by region, key countries, and top companies, providing valuable information for investment planning and decision-making.
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