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Market Research Report

Cambodia Rice Market Size, Trends, Share, Demand, Growth Drivers, Opportunity Assessment & Industry Key players Analysis with Regional Outlook With COVID-19 impact | Forecast Period 2017-2030

Published Date :

2020-09-01

Report Pages :

756

Format :

PDF

Region Covered :

Cambodia

Market Outlook

Globally, 90% production of rice is in Asia, and Cambodia is one of the major producers and exporter of rice. In 2017, Cambodia rice exports grew by 17.33% from 542,144 metric ton in 2016. With the lack of warehouses, processing facilities and logistics around 80% of the surplus rice produced is exported to neighboring countries. Of the total requirement, Cambodia produces 5 million tons rice in surplus. In 2017, Government granted a budget of USD 50 million for loans to be granted in times of emergency and USD 30 million for development of warehouses and silos. As per the Cambodia government post the development of adequate infrastructure, the exports are expected to grow by 15% per annum. China held the largest share among the export countries of Cambodia, supplying majorly the aromatic rice variety. European market remained stable in 2017 in terms of importing rice from Cambodia. Rice has been the backbone of Cambodia’s agricultural economy. With India, Thailand and Vietnam being the major competitors, Cambodia is now forced develop profitable alternatives such as advanced irrigation technologies, infrastructure development, smart techniques to maintain soil and land fertility and cost effective agricultural strategies.

Cambodia Rice Market Segmentation

By Rice Variety

  • Japonica
  • Indica
  • Glutinous
  • Aromatic

By Rice Type

  • Milled Rice
  • Brown Rice
  • Rough Rice
  • Parboiled Rice
  • Others (Wild rice, etc.)

By Grain Size Type

  • Long Grain Rice
  • Medium Grain Rice
  • Short Grain Rice

By Application

  • Food Consumption
  • Beer Processing
  • Pet Food

By Distribution Channel

  • Online
  • Offline

Market Statistics

Goldstein Market Intelligence analyst forecast that the Cambodia rice industry is expected to grow at CAGR of 4.3% over the forecast period of 2017-2030. Cambodia rice production was estimated at 10.0 million metric tons in 2017. The factors such as government support in rice production, favorable monsoons, rising number of rice processing companies, increasing exports are majorly impacting the growth of Cambodia rice industry.

On the basis of rice type, milled rice accounted for largest market share in 2017 with 76.3% of total rice production. Over the forecast period milled rice are expected to continue their dominance in the rice production. Based on rice variety, aromatic rice is expected to grow at a CAGR of 1.6% over the forecast period, backed by the increasing demand for aromatic rice from importing countries.

Market Dynamics- Trends, Drivers and Challenges

In the era of technology advancement, there is trend of producing genetically modified (GM) rice to ascertain the quality of rice and food security. Though commercially there is no production of GM rice, but many varieties have been approved for commercial production which is expected to boost the Cambodia rice industry.

Rice is a staple crop for 70% of the world and thus the demand for rice is expected to continue to grow over the forecast period. The food security concerns all over the world is driving the growth of the Cambodia rice industry, which by exporting rice to various countries is contributing towards global food security.

With the climate change, continuous rising demand by consumers and the food security, rice industry is facing the challenge of producing rice without compromising on efficiency, equitability, environmentally-friendly, and more resilience to climate change. It has become imperative to produce rice at lesser land, with lesser water and labor.

Covered in This Cambodia Rice Market Report

The report covers the present ground scenario and the future growth prospects of the rice industry for 2017-2030 along with the Cambodia rice production and revenue of Cambodia rice industry. We calculated the market size and revenue share on the basis of revenue generated from major players involved in rice processing across Cambodia. We have forecast the market on the basis of producers, suppliers and distributors, exporters and importers.

Rice industry outlook 2017-2030, has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the rice industry. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. Cambodia rice industry report also recognizes value chain analysis to understand the cost differentiation to provide competitive advantage to the existing and new entry players.

COVID-19 impact on "Cambodia Rice Market "

The report analyzes and includes complete detailed chapter of 50-70 pages about the short term & long terms impact of COVID-19 outbreak on each segment of "Cambodia Rice Market" along with government measures to support the sector. It also showcases the current market landscape during COVID, impact of the virus on leading companies, expected demand schedule and supply chain in the industry and other various major factors. This will help you identify those companies that may benefit from this pandemic as well as those that will lose out.

Key Players Included in the Report

  • Amru Rice
  •  Vong Bun
  • Heng Import Export
  • NEW ASIA INDUSTRY DEVELOPMENT HOLDING (CAMBODIA) CO. LTD.
  •  A.R.K Global Corporation, Khmer Native Rice Co., Ltd
  • Bayon Jasmine Rice
  •  Mekong Crown Co,Ltd
  •  Mayflower Fine Goods.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Target Audience for this Study

  • Government
  • Rice Processing Companies
  • Rice Exporters And Importers
  • Investors
  • Research Institutions

For a full detailed overview, send us the sample request.

Key questions answered in this Cambodia Rice Industry Report

  • What is the total market size by 2030 and what would be the expected growth rate?
  • What is the revenue of Rice industry in 2017-18 and what would be the expected demand over the forecasted period?
  • What are the key market trends?
  • What are the factors which are driving this market?
  • What are the major barriers to market growth?
  • Who all are the key vendors in this market space?
  • What are the market opportunities for the existing and entry level players?
  • What are the recent developments and business strategy of the key players?

We can provide two hour complimentary interaction with our analyst after the purchase of this market report. Details are imparted within the report.

 



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Cambodia Rice Market Size, Trends, Share, Demand, Growth Drivers, Opportunity Assessment &  Industry Key players Analysis with Regional Outlook With COVID-19 impact | Forecast Period 2017-2030

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