Rice is the staple food or more than half of the world’s population. There are more than 700 million tons produced annually. Although most natural rice is consumed in the countries where it is produced, a growing demand in some areas is feeding the international rice trade.
Rice market the number of other countries is expecting to begin or increase rice exports in the near future. Whereas nearly half of the rice is imported, big opportunities exist to expand production, replace costly imports, and help offset rice nutrition in malnutrition and poverty. With the ample of land and water resources, is ultimately getting transformed into major exporter of rice, thus helping to stabilize the global rice market.
The dramatic expansion of the manufacturing capabilities and rising consumer consumptions, have transformed the sectors. Far outpacing other economies in the world, Asia-Pacific the growing market for the consumption of goods and services. The fastest growing market has been stimulated by the consecutive increases of the industrial output, import and exports. Rapid joining between medium and large players is anticipated since the governments are encouraging the industry consolidation with an effort to regulate the industry and to improve competitiveness in the world market.
Asia-Pacific is one of the leading sources for the up to date market information and research on the fastest growing markets. The world’s second largest organic rice producer after China, India has been as integral part of the world rice market as steady exporter. This report focused on the China’s and India rice trend market. In the past two decades, the market has been growing at a fast pace. The intense expansions of the industrial capabilities and rising consumer intakes in China have transformed China’s society and economy.
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