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Fortified Rice Market Share

  • Report ID: GMI8945
  • Published Date: Apr 2024
  • Report Format: PDF

Fortified Rice Market Share

In the fortified rice industry, the competitive landscape is predominantly fragmented, with numerous players vying for market share and differentiation. Among the notable companies, Radiance Global stands out as a key player, known for its extensive range of fortified rice products and strong distribution networks across various regions. Oliria and Relishum Foods are also significant contenders, leveraging their innovative formulations and marketing strategies to capture market share. Sarwa Food, with its focus on quality and affordability, competes effectively in the market, particularly in price-sensitive segments. Hexagon Nutrition Ltd., a prominent player in the nutrition industry, brings its expertise in micronutrient fortification to the market, offering specialized products catering to specific nutritional needs.
 

Amoli International and Zippy Edibles are emerging players, rapidly expanding their presence through product innovation and strategic partnerships. Daawat, a well-established brand in the rice industry, has ventured into fortified rice, capitalizing on its brand reputation and consumer trust. Nutriso, with its emphasis on health and wellness, targets niche segments with premium fortified rice offerings.
 

Overall, while there are several players in the market, the absence of dominant market leaders suggests a fragmented landscape. This fragmentation indicates a competitive environment characterized by innovation, product differentiation, and strategic alliances as companies vie for market share amidst increasing consumer demand for fortified rice products.
 

Fortified Rice Market Companies

Major companies operating in the fortified rice industry include:

  • Amoli International
  • Daawat
  • Hexagon Nutrition Ltd.
  • Nutriso
  • Oliria
  • Radiance Global
  • Relishum Foods
  • Sarwa Food
  • Zippy Edibles
Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Global fortified rice market was valued at USD 20 billion in 2023 and is set to grow at over 5.6% CAGR between 2024 and 2032, driven by rising consumer demand for healthier food options.

Iron fortified rice market size was USD 7.8 billion in 2023 and is set to reach USD 12.1 billion by 2032, owing to the widespread prevalence of this deficiency globally.

Asia Pacific fortified rice market held a revenue of USD 6.8 billion in 2023 and is set to cross USD 10 billion by 2032, owing to a large population base.

Amoli International, Daawat, Hexagon Nutrition Ltd., Nutriso, Oliria, Radiance Global, Relishum Foods, Sarwa Food, Zippy Edibles.

Fortified Rice Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 9
  • Tables & Figures: 250
  • Countries covered: 20
  • Pages: 300
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