The global parboiled rice market is driven by the increasing demand for high nutritional rice. Some properties of parboiled rice such as non-sticky texture, swelled nature due to high amount of water absorption, high content of minerals and vitamins propels the global parboiled rice market. The high demand for long rice grain type drives the global parboiled rice market. The parboiled rice cooks quickly and hence offer advantage over other types of rice.
However, the parboiled rice is expensive and involves various processing steps when compared to other type of rice thus increases the capital cost. This might restrain the global parboiled rice market.
Rice is a staple food for most of the regions wherein Asia, North America and Sub Saharan regions dominates the global rice market. The global parboiled rice market is divided into seven regions, namely North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and Middle East and Africa (MEA). APEJ holds the major share in the global parboiled rice market in terms of consumption. The countries such as India, China, Indonesia, Vietnam and Taiwan are the prominent countries in parboiled rice market both in terms of consumption and production in APEJ region. Followed by APEJ is North America wherein California, Louisiana, Texas and Arkansas holds majority of share in terms of parboiled rice growth. Latin America is anticipate to project moderately high growth rate in terms of value during the forecast period. Europe and Japan are expected to grow at an average CAGR over the forecast period.
Some of the key players identified in the global parboiled rice market includes:
Parboiled Rice Thailand
National Rice Company
Udon Rice Co., Ltd
Riceland International Limited
American Rice, Inc.
RISERIA PASINI S.R.L
Sandstone International Co., Ltd.
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