Global Brown Rice Market 2019-2023
About Brown Rice
Brown rice is a hulled but unpolished whole grain-rice that retains most of the bran layers, endosperm, and germ of the paddy.
Technavio’s analysts forecast the Global Brown Rice Market to grow at a CAGR of 3.45% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global brown rice market. To calculate the market size, the report considers the revenue generated from the sales of brown rice products.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Brown Rice Market 2018-2022
Technavio recognizes the following companies as the key players in the global brown rice market: Goya Foods, Hain Celestial, KRBL, LT Foods, and Riviana Foods.
Commenting on the report, an analyst from Technavio’s team said: “One trend affecting this market is the rising popularity of e-commerce channel among brown rice vendors.”
According to the report, one driver influencing this market is the increasing product launches in various retail channels such as supermarkets, hypermarkets, and online stores.
Further, the report states that one challenge affecting this market is the challenges due to climatic changes. Due to increasing global warming, the extremities in weather fluctuations have aggravated over the recent years.