The Asia-Pacific Rice Market research report provides detailed observation of several aspects, including the rate of growth, regional scope and technological developments by the primary market players. The report offers Porter’s Five Forces, PESTEL, and market analysis to provide a 360-degree research study on the Asia-Pacific Rice market. The research study discusses about important market strategies, future plans, market share growth, and product portfolios of leading companies. The final report copy provides the impact analysis of novel COVID-19 pandemic on the Asia-Pacific Rice market as well as fluctuations during the forecast period.
The Asia-Pacific rice market is projected to register a CAGR of 1.2% during the forecast period (2020-2025). Rice is the staple food of Asia and part of the Pacific. Over 90% of the world’s rice is produced and consumed in the Asia-Pacific Region.
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Key Market Trends
Increasing Population in the Region
A large number of the Asian population is still poor and the demand for rice is increasing by the day. It is in these countries that rice consumption will grow faster. In Asia itself, population growth is about 1.2% per annum. The Asia-Pacific region, where more than 60% of the world’s population lives, adds millions of rice consumers annually.
China Dominates Production and Consumption
According to FAO, China produced around 214 million metric ton of rice in 2018, with area harvested being 30.4 million hectares. The country has dominated production over the ages and continues to do so. All rice cultivation is highly labor-intensive. Rice is generally grown as a wetland crop in fields flooded to supply water during the growing season, China’s climate is highly favorable for paddy cultivation, hence, the widespread production.
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The Asia-Pacific Rice market report highlights are
– A comprehensive evaluation of all opportunities and risks in the market.
– Asia-Pacific Rice current developments and significant occasions.
– A deep study of business techniques for the development of the market-driving players.
– Conclusive study about the improvement plot of the market for approaching years.
– Top to the bottom approach of market-express drivers, targets, and major littler scale markets.
– Favorable impressions inside imperative mechanical and publicize the latest examples striking the Asia-Pacific Rice market.
Finally, the Asia-Pacific Rice Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Asia-Pacific Rice Industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.