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Fortified Rice Market Trends, Competitive Landscape, and Future Forecast

Fortified Rice Market

Fortified Rice Market

Fortified Rice Market is expected to reach US$ 34.50 billion by 2033, up from US$ 20.20 billion in 2023, with a CAGR of 5.5% over the forecast period.

Fortified rice is regular rice enriched with essential vitamins and minerals that are lost during milling and polishing. It addresses widespread micronutrient deficiencies, particularly in regions where rice is a staple food. The global market has experienced significant growth in recent years, driven by several factors:

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Market Trends

Key Challenges

Market Segmentations:

By Company:
Cargill
Bühler Group
Bunge
General Mills
Wilmar International
BASF

By Type:
Vitamins
Minerals
Others

By Application:
Super Market
Convenience Stores
Departmental Stores
Online Stores

Regional Analysis:
The regional analysis of the global market provides insights into the market’s performance across different regions of the world. The analysis is based on recent and future trends and includes market forecast for the prediction period. The countries covered in the regional analysis of the market report are as follows:

North America: The North America region includes the U.S., Canada, and Mexico. The U.S. is the largest market for Fortified Rice in this region, followed by Canada and Mexico. The market growth in this region is primarily driven by the presence of key market players and the increasing demand for the product.

Europe: The Europe region includes Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe. Germany is the largest market for Fortified Rice in this region, followed by the U.K. and France. The market growth in this region is driven by the increasing demand for the product in the automotive and aerospace sectors.

Asia-Pacific: The Asia-Pacific region includes Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, and Rest of Asia-Pacific. China is the largest market for Fortified Rice in this region, followed by Japan and India. The market growth in this region is driven by the increasing adoption of the product in various end-use industries, such as automotive, aerospace, and construction.

Middle East and Africa: The Middle East and Africa region includes Saudi Arabia, U.A.E, South Africa, Egypt, Israel, and Rest of Middle East and Africa. The market growth in this region is driven by the increasing demand for the product in the aerospace and defense sectors.

South America: The South America region includes Argentina, Brazil, and Rest of South America. Brazil is the largest market for Fortified Rice in this region, followed by Argentina. The market growth in this region is primarily driven by the increasing demand for the product in the automotive sector.

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