Global Organic Rice Market - Industry Trends and Forecast to 2029

Organic Rice Market Analysis and Size

Producing more organic food is a top priority for product makers. There has been an increase in demand for these goods after the coronavirus outbreak. Small and medium-sized product producers are using the rising popularity of packaged food consumption to forge a foothold in the global market.

Data Bridge Market Research analyses that the organic rice market was valued at USD 1.97 billion in 2021 and is expected to reach the value of USD 3.94 billion by 2029, at a CAGR of 9.05% during the forecast period of 2022-2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, technological advancements and patent analysis.

Market Definition

Organic rice is rice grown without the use of pesticides or herbicides. They are grown according to regulations governing how they should be planted, harvested, and processed to produce organic food. Organic farming practices include composting soil, covering crops to protect topsoil from erosion, crop rotation, and biological pest control.

Organic Rice Market Scope and Segmentation

Organic Rice Market Dynamics

Drivers

• Growing popularity for organic food

The global market's key drivers influencing the demand for organic rice. Organic food consumption trends have accelerated, with an increasing number of consumers demanding organic foods such as organic wheat and organic rice. Organic grains, including organic rice, are expected to grow in popularity. As food safety concerns have grown, a non-GMO trend has emerged in some parts of the world. Consumers want their food to be fresh and natural, as well as the products they use. Most consumers define fresh and natural as free of chemicals and grown entirely naturally.

• Rising popularity of convenience food products due to hectic lifestyle

The demand for organic rice in developing nations is influenced by a number of reasons, including rapid urbanisation, shifting eating patterns, an increase in the popularity of packaged foods, and consumer awareness of clean label products. One of the main factors propelling the expansion of the organic rice market is the increased acceptance of convenience foods as a result of the busy lifestyle of today. Organic rice is increasingly being used to add texture to foods such as bakery and confectionary. The fact that organic rice have a long shelf life is another factor attracting food manufacturers to use them in packaged food items. Market players are focusing on product development and innovative strategies to stay ahead of the competition in the global organic rice market.

Opportunity

Following the COVID-19 pandemic, consumers are more concerned about the food they consume The demand for natural and organic foods is anticipated to increase as COVID-19 instances increase. Consumers who are concerned about their health in underdeveloped nations place a high value on plant-based diets. Market participants from many nations have been striving arduously to enhance production of plant-based foods as a result of rising worldwide consumption. A strategic approach is being used by manufacturing firms in the food and beverage industry to create profitable revenue opportunities. This high fructose, low-calorie sweetener is utilised by a lot of medical professionals worldwide.

Restraints

Lack of awareness among people in developing economies about the benefits of the product, as well as the easy availability of alternatives, will likely act as market restraints for the growth of organic rice in the forecast period. Increasing competition from other manufacturers, as well as the fact that organic rice is still in its infancy, will be the biggest and most pressing challenge to the market's growth.

This organic rice market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the organic rice market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Organic Rice Market

Several significant rice exporting nations implemented regulations in the wake of the recent COVID-19 outbreak to guarantee a sufficient domestic supply. Additionally, some nations have stopped signing new agreements for the export of rice in 2020. Social segregation laws have made it difficult to move about and organise logistics, which has decreased the amount of rice available in many countries' internal markets and lowered export quantities. This has had a significant negative influence on the market for rice goods and organic rice. Similar to previous price shocks, rice export prices spiked dramatically, endangering the food security of nations that rely on rice imports. Rice prices in some locations remained relatively high despite loosening rice export limits and relaxing quarantine regulations, which reduced the consumption of rice products.

Global Organic Rice Market Scope

The organic rice market is segmented on the basis of type, application and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Polished Glutinous Rice (Sticky Rice)
• Indica (long-shaped Rice)
• Polished Round-grained Rice

Application

• Direct Edible
• Deep Processing

End User

• Bakery and Confectionery
• Beverages
• Dessert and Dairy
• Meat, Poultry, and Seafood
• Infant Formula
• Others

Organic Rice Market Regional Analysis/Insights

The organic rice market is analysed and market size insights and trends are provided by country, type, application and end user as referenced above.

The countries covered in the organic rice market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Europe is predicted to lead the global market for organic rice due to shifting consumer preferences toward healthier food choices, Europe's high demand for baked products and confections is anticipated to fuel regional market expansion. The organic rice market is anticipated to develop at the highest CAGR in North America over the forecast period as a result of the rising popularity of baked goods and snacks as convenience foods. Growing consumer understanding of the advantages of a healthy diet is fueling regional market expansion, thanks to a number of advertising initiatives conducted by industry players.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Organic Rice Market Share Analysis

The organic rice market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to organic rice market.

Some of the major players operating in the organic rice market are:

• Suzanne’s Specialties (U.S.)
• Nature’s One, Inc. (U.S.)
• Wuhu Deli Foods Co. Ltd. (China)
• Axiom Foods (U.S.)
• California Natural products (U.S.)
• Associated British Foods Plc (U.K.)
• Cargill, Incorporated (U.S.)
• ADM (U.S.)
• Wuhu Haoyikuai Food Co. Ltd. (China)
• GulshanPolyols Ltd. (India)

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