The global parboiled and white rice market volume is projected to reach 509.20 Million Tons by 2026, expanding at a CAGR of 1.30% during the forecast period (2021-2026), according to the latest report by IMARC Group.
Parboiled and white are two of the most consumed varieties of rice. Among these, white rice is processed by removing the bran, husk and germ that alters the texture and the appearance of the rice. On the other hand, parboiled rice, also known as easy-to-cook rice, is more flavorful than white rice and is soaked, steamed and dried before being milled. This helps harden the grain, minimize the possibility of over-cooking, and retains the natural vitamin and mineral content. Rice represents one of the most crucial staple food items that is consumed by more than half of the world’s total population. It is generally produced and consumed in Asian countries such as China, Japan, India, Indonesia, Bangladesh, Vietnam and Korea.
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Global Parboiled and White Rice Market Trends:
Over the years, there has been a rise in the demand for white rice due to altering dietary patterns and improving living standards. The increasing awareness among consumers about various health benefits offered by incorporating white rice in the daily diet, including muscle growth, treating gastrointestinal distress and preventing kidney problems, is also contributing to the market growth. Moreover, as white rice is gluten-free, it is widely preferred by consumers who are gluten-intolerant. Besides this, consumers are becoming more inclined toward parboiled rice as it is a rich source of vitamins, minerals, carbohydrates and other essential dietary nutrients. It is also easy to digest, and its adequate consumption aids in maintaining sugar levels, preventing cardiovascular diseases and strengthening the immune system.
Market Breakup by End Use
Based on the end-use, the market has been bifurcated into food and feed use. At present, food use exhibits a clear dominance in the market. Parboiled and white rice is widely utilized for both the cooking purposes and manufacturing of cereals, snack foods, baby foods, frozen dinners and sauce thickeners.
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Market Breakup by Region
Region-wise, the market has been segmented into China, India, Indonesia, Bangladesh, Vietnam and others. Amongst these, China represents the largest producer of rice on account of higher rainfall, easy availability of cheap labor, and increasing utilization of advanced agriculture equipment and better irrigation facilities. It cultivates rice in six agro-climatic zones that range from the humid tropics in the south to the cooler subtropics of central and to northern China.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.