Top Rice Companies in the World
27 Jan, 2024
The global rice market is predicted to reach US$ 271.04 Billion by 2028, as per Renub Research. Rice is a cereal grain that comes from the seed of the grass Oryza glaberrima or Oryza sativa, and it's far a staple food for half of the world population. Rice is also the 2nd maximum crucial cereal crop, with an annual production of about seven-hundred million tons. China, India, and Vietnam are the biggest rice producers, with China producing more rice than India regardless of having a smaller harvesting place.
Rice is presented in various varieties and types, every with precise properties, flavor, and texture that work different with unique cooking recipes. The United States commercially produces about 20 different rice types. Certain rice types, inclusive of jasmine and basmati rice, are imported from India, Thailand, and Pakistan.
The time taken for a rice plant to grow from germination to maturity is around three to 6 months, depending at the rice range and developing surroundings. Rice is in general eaten after being cooked in water, but it is able to also be ate up in different kinds, together with rice wafers, rice flakes, puffed rice, and canned rice. Additionally, rice with the aid of-products inclusive of rice husk and bran are used as poultry and cattle feed, in addition to in industries like starch and brewing. The rice market is anticipated to develop substantially inside the coming years due to increasing rice consumption.
Global Rice Market is predicted to experience a CAGR of 3.71% from 2022 to 2028
KRBL Limited
Headquarter: India
Founded: 1889
KRBL Limited is an Indian company that specializes in the production of rice. The company is known for its flagship brand, India Gate Basmati Rice, which is a popular brand of Basmati rice worldwide. KRBL Limited has its own research and development center, which is responsible for the development of new rice varieties and innovative packaging solutions. The company has a strong presence in the international market, with exports to over 90 countries. In addition, KRBL Limited also operates in the power generation and real estate sectors.
LT Food Ltd
Headquarter: India
Founded: 1990
LT Foods Ltd, a prominent player in the global food industry, is renowned for its expertise in rice and other staple foods. the company has grown into a multinational entity with a diverse product portfolio. Flagship brands like Daawat and Royal exemplify LT Foods' commitment to quality and authenticity. Operating across continents, the company engages in rice milling, processing, and marketing, ensuring a global supply chain. With a focus on innovation, sustainability, and consumer satisfaction, LT Foods continues to be a key contributor to the evolving dynamics of the international food market.
Kohinoor Foods
Headquarter: India
Founded: 1989
Kohinoor Foods Limited, a leading name in the global food industry. Specializing in the production and distribution of premium Basmati rice, Kohinoor Foods has gained international acclaim for its quality and authenticity. The brand, synonymous with excellence, offers a diverse range of rice varieties catering to varied consumer preferences. Kohinoor Foods has made a name in the global market by prioritizing sustainable practices and advanced technology. The company's unwavering commitment to innovation, ethical business practices, and customer satisfaction has positioned it as a key player in shaping the future of the rice industry. Focusing on sustainability and cutting-edge technology, Kohinoor Foods is leading the way in the rice industry.
Thai Wah
Headquarter: Thailand
Founded: 1947
Thai Wah Public Company Ltd (TWPC), formerly Thai Wah Starch Public Company, manufactures and distributes tapioca starch, vermicelli, and noodle products. The company's tapioca product portfolio includes tapioca starch, alpha starch, sago, mong starch, modified starch, glucose syrup, tapioca pearl, rice flour and starch; vermicelli and noodle products include vermicelli, rice noodle, rice vermicelli, and mung bean starch noodles. TWPC sells its products under various brands including Alpha, RosEco, New Grade and Phoenix brand names, among others.
Archer Daniels
Headquarter: United States
Founded: 1902
Archer Daniels Midland Co (ADM) produces, processes, transports, stores, and merchandizes agricultural products, commodities, and ingredients. The company produces beverage and food ingredients, and other products made from corn, wheat, oilseeds, and other agricultural commodities. ADM’s products portfolio includes natural flavors and color, health and nutrition products, vegetable oil, corn sweeteners, flour, animal feed, and biofuels. The company stores, cleans and transports agricultural commodities such as oilseeds, corn wheat, milo, oats, barley, and other products derived from these inputs through its global grain elevator and transportation network. ADM also offers services such as farmer services, transport and logistics.
Tate & Lyle
Headquarter: United Kingdom
Founded: 1921
Tate & Lyle, a global food and ingredients company, plays a significant role in the rice industry through its diverse product offerings and expertise. The company has evolved into a key player in the food ingredients sector. Tate & Lyle's engagement in the rice industry involves providing a range of ingredients, including starches, sweeteners, and texturants, which are vital components in various food applications. With a commitment to innovation, sustainability, and meeting consumer demands, Tate & Lyle contributes to enhancing the quality and functionality of rice-based products. Their involvement in the rice industry underscores their broader influence in shaping the dynamics of the global food market.
General Mills
Headquarter: United States
Founded: 1866
General Mills is a major player in the rice industry through its diverse product portfolio and global presence. Renowned for iconic brands like Cheerios, Nature Valley, and Betty Crocker, General Mills has a substantial influence on the food market. In the rice segment, the General Mills company offers various rice-based products, including cereals and snacks. Leveraging innovation and consumer insights, General Mills adapts to changing dietary preferences and trends. Committed to sustainability, the company actively participates in responsible sourcing initiatives. General Mills' comprehensive approach to the rice industry reflects its broader impact on shaping consumer choices and the evolving landscape of the global food industry.
Anheuser-Busch Companies LLC (AB InBev)
Headquarter: Belgiun
Founded: 2008
Anheuser-Busch InBev stands as one of the world's largest brewery companies, primarily concentrating on beer production. Although not directly involved in the rice market, AB InBev incorporates rice as a key ingredient in crafting its beer products. The company owns several rice mills dedicated to processing rice for beer manufacturing. AB InBev utilizes various rice types tailored to distinct brands like Anheuser-Busch Simply Tea, Anheuser-Busch Michelob Ultra Pure Gold, Budweiser, and Bud Light. Sourcing rice globally, including from the United States, Brazil, India, and Thailand, the company collaborates with rice farmers. Committed to innovation, AB InBev heavily invests in research and development, focusing on pest-resistant rice varieties and fostering sustainable rice supply chains.
Cargill Incorporated
Headquarter: United States
Founded: 1965
Cargill Incorporated, a global agricultural and food company, significantly impacts the rice industry through diverse operations. Cargill is deeply involved in rice processing, trading, and distribution. The company plays a crucial role in the rice supply chain, offering a broad range of rice products globally. With a focus on sustainability, Cargill engages in responsible sourcing practices and collaborates with farmers to enhance agricultural efficiency. Leveraging innovation, the company addresses evolving consumer preferences and contributes to the development of the rice industry. Cargill's comprehensive approach underscores its influence on shaping the dynamics of the global rice market.
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