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The GCC basmati rice market reached a value of US$ 2.12 Billion in 2020. Looking forward, IMARC Group expects the market to reach a value of US$ 2.61 Billion by 2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Basmati rice is a long grain aromatic rice grown for several centuries in the geographical area of the Himalayan foothills of the Indian subcontinent. It has slender grains that elongate at least twice from its original size. Moreover, it has a soft and fluffy texture and nutty flavor upon cooking. It is rich in fiber, minerals, vitamins, zinc, copper, proteins, calcium, potassium, magnesium, carbohydrates, and amino and folic acid. At present, it plays a pivotal role in Middle Eastern cuisine, wherein it is utilized in the preparation of several lavish rice-based dishes that comprise layers of rice, meat, sauces, and dried fruits.
A lack of rice production in the GCC region on account of unsuitable climatic conditions, in confluence with the escalating demand for better quality rice, represents one of the key factors propelling the growth of the market. Additionally, as basmati rice is considered a staple food in the GCC countries, along with wheat, its export is rising from India and Pakistan. Moreover, a high density of Asian expatriates is driving the overall sales of basmati rice in the region. Apart from this, the growing prevalence of lifestyle diseases on account of lack of physical activities is resulting in the increasing health-consciousness among individuals. As a result, there is a considerable increase in the consumption of brown basmati rice in the daily diet, which has low-fat content and high nutritional value. Furthermore, governing agencies operating in different countries of the GCC region are encouraging abroad investments for the import of rice, which is anticipated to impel the growth of the market.
IMARC Group provides an analysis of the key trends in each sub-segment of the GCC basmati rice market, along with forecasts at the regional and country level from 2021-2026. Our report has categorized the market based on the type of rice, pack size and country of origin.
Breakup by Type of Rice:
Breakup by Pack Size:
Breakup by Country of Origin:
Breakup by Country:
Presently, Saudi Arabia enjoys the leading position in the market as basmati rice is extensively utilized in the preparation of Kabsa, which is a traditional dish consumed across the country.
The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry.
|Base Year of the Analysis||2020|
|Units||US$ Billion, Million MT|
|Segment Coverage||Type of Rice, Pack Size, Country of Origin, Country|
|Countries Covered||Saudi Arabia, UAE, Kuwait, Oman, Qatar, Bahrain|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 1999
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Corporate License: US$ 3999
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
Key Questions Answered in This Report:
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