Market Forecast By Rice Length (Long Grain, Medium Grain, Short Grain), By Type (Red Rice, Arborio Rice, Black Rice, Grain Fragrance Rice, Brown Rice, Rosematta Rice, Grain Parboiled Rice, Others), By Product Type (Regular, Aromatic), By Application (Food, Industry, Others), By Distribution Channel (Roadside Stores, Municipal Corporation Markets, Convenience Stores, Specialty Store, Department Store, Supermarket, Hypermarket, E-commerce) And Competitive Landscape
Product Code: ETC384641 | Publication Date: Aug 2022 | Updated Date: May 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Qatar Rice market currently, in 2023, has witnessed an HHI of 6940, Which has increased slightly as compared to the HHI of 6530 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Report Name | Qatar Rice Market |
Base Year | 2022 |
Historical Period | 2019-2022 |
Forecast Period | 2023-2029 |
Growth Rate | 5.89% |
Report Coverage | Revenues & Volume, Market Trends, Drivers & Challenges, Market Forecast, Market Share |
Segment Coverage | By Rice Length, By Type, By Product Type, By Application, By Distribution Channel |
Customization Scope | 100% customized reports available along with reliable data. Moreover, you can alter the segments, countries, and regions according to your needs. For further details, you can contact our research expert at sales@6wresearch.com |
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Qatar Rice Market Report thoroughly covers the market by rice length, type, product type, application and distribution channel. The outlook report provides an unbiased and detailed analysis of the ongoing Market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Qatar Rice Market is likely to grow in the forecast period driven by increasing consumer demand and a growing population. Rice is a staple food in Qatar, and its consumption is expected to continue rising due to changing dietary habits and an influx of expatriates. The government`s efforts to ensure food security and self-sufficiency have also contributed to the expansion of the rice market. As a result, there has been a notable uptick in imports to meet the escalating demand. Additionally, the emergence of various rice varieties, including Basmati and Jasmine, has further diversified the market, catering to different preferences.
According to 6Wresearch, Qatar Rice Market size is expected to grow by 5.89% exhibiting a market volume of US$0.67bn in during 2023-2029. The rice market in Qatar is set for robust growth, driven by several factors. One of the key drivers is the staple nature of rice in the Qatari diet. Rice forms an integral part of everyday meals and cultural celebrations, ensuring a consistent and substantial demand. Additionally, the increasing multiculturalism in Qatar, with a diverse expatriate population, has contributed to a diverse culinary landscape, further boosting rice consumption. Furthermore, the government`s initiatives to enhance food security and promote domestic agriculture are likely to play a pivotal role in shaping the rice market growth. The market is a major part of the Middle East Rice Market and these positive factors have contributed towards the growth. While the Qatar rice market has grown significantly in response to increasing demand, it faces challenges related to water scarcity and sustainability. Rice cultivation is water-intensive, and given Qatar`s arid climate, there is pressure on water resources. This necessitates sustainable practices and efficient water management in rice farming. Moreover, competition with imported rice can pose a challenge to local rice producers in terms of pricing and market share. Additionally, ensuring food security while reducing reliance on imports is a persistent challenge for the country.
The government of Qatar has implemented various government policies and initiatives to ensure a stable and secure rice market. One significant policy involved strategic food reserves to guarantee a consistent supply of rice and other essential food items, especially during emergencies or disruptions in the global supply chain. The government also focused on diversifying its sources of rice imports to reduce dependency on other countries. Qatar established stringent quality and safety standards for rice imports, ensuring that all rice products met international food safety requirements. These policies were part of broader food security measures aimed at safeguarding the country's food supply for growth and diversification.
These companies are the dominant players in the Qatar Rice Industry and are catering to the rising needs of the population of Qatar by providing them with quality rice.
Based on rice length, the Rice Market In Qatar is segmented into Long Grain, Medium Grain, and Short Grain. The long Grain rice will dominate the market due to its wide use in various culinary applications and cuisines.
The brown rice segment is expected to dominate the market in the forecast year as Health-conscious consumers in Qatar have increasingly shifted towards the consumption of brown rice due to its high nutritional value.
Based on product, the aromatic segment of rice will have a major share in the market as different varieties such as Basmati and Jasmine rice are highly preferred by the population of Qatar for their aroma and flavour,
According to Dhaval, Research Manager, 6Wresearch, the food segment is projected to dominate the market as rice is a major food item in the country and it is used as a base for many traditional dishes.
The Super Market and hypermarket segment will lead to Qatar Rice Market Growth as it offers a wide range of choices to consumers under one roof.
The report offers a comprehensive study of the subsequent market segments