The South America 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 South America 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 South America Rice market as well as fluctuations during the forecast period.
The rice market in South America is estimated to record a CAGR of 3.5% during the forecast period.
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Key Market Trends
Production Analysis in South America
In 2018, the production of rice was high in Brazil, which accounted for 11,749 thousand metric ton, followed by Peru and Colombia. with the production of 6,880 thousand metric ton in South America. In Brazil, Peru, Colombia, Argentina, and Uruguay, rice is the majorly consumed crop as it provides 20% more calories than any other crop. Rice acts as a leading source of protein for the poorest of the tropical population, which accounts for 25% in the South American region.
Brazil Dominates the Export in Terms of Volume in South America
In South America, Brazil, Uruguay, Paraguay, and Argentina are the major exporters of rice, among which Brazil is the largest producer and exporter. As per the UN Comtrade, the export of rice from Brazil saw a rise of about 108.702% during 2016-2018. In the past five years, Brazil exported rice worth of USD 1,682,187 thousand from 2015-2019 to countries like Peru, Gambia, Iraq, the United States, and more.
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The South America Rice market report highlights are
– A comprehensive evaluation of all opportunities and risks in the market.
– South America 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 South America Rice market.
Finally, the South America 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. South America Rice Industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.