India Packaged Rice Market to Grow at 11% until 2023
Rising brand consciousness among consumers, increasing per capita disposable income along with growing urban population to drive India packaged rice market through 2023 According to TechSci Research report, ‘ India Packaged Rice Market By Type, By Distribution Channel, By Price Range, By Pack Size, By State & City, Competition, Forecast & Opportunities, 2023 ’, India packaged rice market is anticipated to register growth at a CAGR of more than 11% during 2018 - 2023. Rice is the most widely consumed staple food for a large part of global population and is divided majorly into two types - Basmati and Non-Basmati. ‘’ Basmati” is long grain aromatic rice grown for many centuries in specific geographical areas at the Himalayan foothills of Indian sub-continent. Any rice other than basmati rice is called non-basmati rice. Anticipated growth in the packaged rice market can be attributed to growing brand consciousness among consumers and rising disposable income...