Published on : Jul 18, 2017
Albany, New York, July 18, 2017: Rice is one of the most important food crops across the world that is processed in the rice milling plants with respect to the international standards keeping in mind the uniformity and the basic quality of the grain. It has been analyzed that the growing population is a major driver for increasing consumption of rice globally. Recently, a new study focusing on the demand for rice in European countries along with its current market scenario has been broadcasted to the mega-repository of Market Research Hub (MRH), with the title of “Rice Markets in the Top 5 European Countries to 2021 - Market Size, Development, and Forecasts”. The report gives comprehensive insights into the present state of this market and contains several forward-looking statements regarding the potential growth prospects of crucial elements and segments of the market.
Rice is the primary food of more than half of the world’s population, with more than 700 million tons produced annually. This report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data from 2010 to 2016, and verifiable projections about market size. With an extensive forecast period of 2017 to 2021, the report analyzes the growth rates of the overall rice market and different product segments. Major product segments discussed in the report include Husked brown rice, broken rice and Semi-milled/wholly milled rice. Of these, European import of milled rice has increased over 50% in the past five years. The import duties for milled rice are usually higher than for husked rice.
Further, the data presented in the study include rice country reports from these top five countries, such as France, United Kingdom, Italy, Germany and Spain. As per the findings, Rice is one of the favorite cereals for most of the consumers. European interest in specialty varieties of rice is growing. Indica and Japonica rice are the most common rice varieties in Europe. Another key driver of this market is the growing fast food industry and restaurants. The study further suggests that for the European food industry, it is important to select rice varieties that have the right quality characteristics to become part of a convenient product.
Moreover, the report also features a complete qualitative and quantitative calculation by analyzing data collected from industry analysts and market participants across key points in the industry’s value chain. Also, the report gives a detailed overview of the key drivers, restraints, and trends in the market that are projected to have a major influence on the present and future development of the market.
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