Wild Rice Market Analysis & Forecast 2024-2030

Global Wild Rice Market is expected to reach USD 562.91 million by 2030 with CAGR of 4.1% between 2024 and 2030

Wild rice is a member of the grass family but not rice. It is a long black grain, authentically grown in the areas such as isolated river bed and lake locations. It is native to North America and China, and has a nutty texture and holds its long shape after cooking. It is commonly used as an added constituent to recipes such as salads as well as mixed with other types of rice to create blends. The species making a genus Zizania consists of northern wild rice, wild rice, Texas wild rice, and Manchurian wild rice, among which first three are native to North America, while the last one is native to China. Wild rice is low in fat and high in dietary fibre, the amino acid lysine, and protein, therefore it is preferred by most of the consumer as a substitute for rice, owing to high health consciousness among consumers.  

The growth of the global Wild Rice Market is driven by growing demand for low-fat containing food and increasing health consciousness among consumers. The properties of wild rice including low in fat and high in dietary fibre, the amino acid lysine, and protein fueling the global Wild Rice Market. Macroeconomic factors such as growing economy, changing lifestyle, increasing per capita income, and rapid rate of urbanization driving the global Wild Rice Market. Although, the very high cost of wild rice and black rice as its substitutes are estimated to prevent the demand for global Wild Rice Market. Some of the factors trending the global Wild Rice Market including mergers & acquisitions between Wild Rice Market players and its suppliers and high investment in the food industry. The Companies operating in the Wild Rice Market can raise its share through collaboration with wild rice suppliers, backward integration, and by offering organic products in the market.  

On the basis of application/end-user Global Wild Rice Market is used as food & beverages, pharmaceuticals, and pet foods. Based on distribution channel, the global Wild Rice Market divided as wholesale and retail. Among that wholesale segment is predicted to account for comparatively high revenue share, attributed to quickly growing food industry, whereas retail segment is predicted to expand at comparatively high worth further as volume share in global Wild Rice Market. The retail phase is once more fragmented into convenient stores, hypermarkets/supermarket, e-Commerce, and individual stores.  

Among that, hypermarkets/supermarket, the segment is predicted to contribute for major revenue share whereas, e-Commerce segment is predicted to expand at a major CAGR within the world Wild Rice Market, attributed to increasing adoption of e-Commerce across the world. On the idea of end-user, the world Wild Rice Market is segmented as shoppers, food services, and food makers, whereby food services segment has important revenue share, whereas, shoppers segment is predicted to register important CAGR, over the forecast amount.  

Based on the geographies, the global Wild Rice Market is split into seven regions including North America, Western Europe, Eastern Europe, Japan, Asia-Pacific except Japan, Latin America, and the Middle East & Africa. Among the regions, North America is expected to dominate the global Wild Rice Market with relatively high growth rate, owing to high demand for wild rice across the regions. Europe is followed by North America and is expected to expand at a significant growth rate in Wild Rice Market, owing to high health awareness among consumers across the region. Asia-Pacific is expected to expand at significant growth rate, attributed to rapid rate of urbanization, rapidly growing population, and changing lifestyle of consumers across the region. The Wild Rice Market in Asia-Pacific is also driven by high demand for wild rice in China, as wild rice is native to China.  

Global Wild Rice Market : Product Type

• Ready-to-eat Wild Rice
• Grains

Global Wild Rice Market : Application

• Food & Beverages
• Pharmaceuticals
• Pet Food

Global Wild Rice Market : Competitive Analysis

Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study constitutes of following key players in Global Wild Rice Market :

• Moose Lake Wild Rice
• SunWest Foods
• Amira Nature Foods
• Lundberg
• Nature's Gourmet Foods
• InHarvest, Inc.
• Lake of the Woods Wild Rice CO
• Gibbs Wild Rice CO
• Erickson Processing Inc
• Coilws Com
• Agassiz Wild Rice LLC

Geographical analysis of Global Wild Rice Market :

• North America
  • U.S.A.
  • Canada
• Europe
  • France
  • Germany
  • Spain
  • UK
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South East Asia
• Latin America
  • Brazil
• Middle East and Africa

Global Wild Rice Market Report delivers a comprehensive analysis of the following parameters:

• Market Forecast for 2024-2030
• Market growth drivers
• Challenges and Opportunities
• Emerging and Current market trends
• Market player Capacity, Production, Revenue (Value)
• Supply (Production), Consumption, Export, Import analysis
• End user/application Analysis

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