Albany, NY -- (SBWIRE) -- 05/02/2017 -- Inventories of rice are rising as the rice supply is continuously increasing globally. Rice is one of the staple food items for the rural population and is used as a wage commodity for workers in cash crop or non-agriculture sectors in some countries like India. Market Research Reports Search Engine (MRRSE) has recently added a new research report to its ever-expanding online collection of market intelligence on global rice market. This research report is titled as "Rice Market - Global Industry Analysis, Market Size, Share, Trends, Analysis, Growth and Forecast 2016 - 2023", which provides a comprehensive study of the present market status along with the future prospect of the global rice market.

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The report is a collection of first-hand information, an in-depth assessment by industry insiders, observations from industry researchers, statistically supported and industry validated data and key industry participants across the value chain. It offers a precise scrutiny of the ongoing market trends, micro & macro-economic indicators and governing factors, along with market attractiveness analysis for different segments and sub-segments of the market. It uses standard industrial analytical tools such as SWOT analysis and Porter's five forces analysis in the report compiled via thorough primary and secondary research. Market dynamics such as drivers, restraints, risks and opportunities impacting the global market are duly examined in the report. According to the report, key driver of this industry is the rapidly rising restaurants and fast food industry. The ever-increasing population is also a growth driver for the rice market globally. The demand for new variety of rice like the fragrant rice is increasing gradually across the globe. Besides this, with rising disposable income of population, the demand for high quality rice is expected to increase.

A pivotal part of this report is the segregation, which is done on the basis of product type and geography. The rice market is segmented based on the type of product into the following:

- Long Grain White Rice (High Quality)
- Long Grain White Rice (Low Quality)
- Long Grain Parboiled Rice
- Long Grain Fragrant Rice
- Broken and Medium Grain Milled

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Geographically, the market can be segmented into North America, Asia Pacific, Europe and Rest of the World. Some of the key players operating in rice industry include Riceland foods Inc., V.A.P Foods ltd and KRBL ltd among others.

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