PUBLISHER: Value Market Research | PRODUCT CODE: 1448778
PUBLISHER: Value Market Research | PRODUCT CODE: 1448778
The global demand for Fortified Rice Market is presumed to reach the market size of nearly USD 35.02 Billion by 2032 from USD 20.49 Billion in 2023 with a CAGR of 6.14% under the study period 2024 - 2032.
Fortified rice refers to rice that has been enriched or fortified with additional nutrients to address nutritional deficiencies and improve the overall nutritional profile of the staple food. The fortification process involves adding essential vitamins and minerals to rice, which may be lacking in the diets of populations that heavily rely on rice as a primary food source.
The fortified rice market is propelled by the pressing concerns of malnutrition, prompting a demand for staple foods enriched with essential vitamins and minerals. Government initiatives, often in collaboration with international organizations, drive the fortification of rice to address widespread nutrient deficiencies. Increasing public awareness of nutrition's pivotal role in health contributes to the adoption of fortified rice. The cost-effectiveness of this approach, allowing the delivery of vital nutrients without major dietary changes, supports its widespread implementation. Collaboration between the food industry, research institutions, and government agencies is pivotal in developing such products. The rise in global population and urbanization fosters demand for convenient, nutritionally enhanced foods, with fortified rice aligning with these trends. Customized fortification programs tailored to address specific nutrient deficiencies ensure the efficacy of fortified rice initiatives. Supported by international organizations and aligned with Sustainable Development Goals, the fortified rice market is dynamic, reflecting ongoing efforts to improve global nutrition and public health. The market is expected to expand as awareness grows and stakeholders continue to address nutritional challenges worldwide.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of fortified rice. The growth and trends of Fortified Rice Industry provide a holistic approach to this study.
This section of the fortified rice market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Fortified Rice market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the fortified rice market include Cargill, Incorporated, BASF SE, Relishum Foods, Lt Foods, DSM, Abdul Monem Limited, Rizmaq International Pvt. Ltd., Olam International, Malo SARL, Oliria Foods & Beverages Pvt. Ltd. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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