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Colombia Rice Market Size, Share, Trends, Report, Analysis: By Rice Type: Long-Grain Rice, Medium-Grain Rice, Short-Grain Rice; By Processing Type: White Rice, Brown Rice, Parboiled Rice; By End Use: Food and Beverages, Retail, Industrial; Market Dynamics: SWOT Analysis; Key Trends and Developments in the Market; 2024-2032
Colombia Rice Market Size
The Colombia rice market reached approximately 2035 thousand tons in 2023. The market is projected to grow at a CAGR of 1.10% between 2024 and 2032, reaching a volume of around 2242.68 thousand tons by 2032.
Colombia Rice Market Outlook
- As per the industry reports, Tolima, Meta, and Huila are Colombia's major rice-producing regions.
- The United States is the largest importer of rice to the country.
- BioZn035, Colombia's first biofortified zinc rice, was launched in October 2021 and was anticipated to create significant interest in rural markets due to its health benefits.
Colombia Rice Market Growth
The rise in disposable income, adoption of advanced agricultural techniques, and growing demand for healthier food options such as brown rice are some of the crucial market drivers. Brown rice is considered a healthier option compared to white rice due to its minimal processing, which helps preserve its natural nutrients, resulting in a higher content of vitamins, minerals, and fibre.
Advancements in agricultural techniques including mechanisation, improved irrigation systems, and more effective planting techniques, have the potential to enhance the efficiency of rice cultivation. This results in higher rice yields from the same land area, ultimately aiding in meeting rising demands without requiring extra resources.
Customers are becoming readily interested in the origin of their food, resulting in the demand for rice products that are locally produced and traceable. This shift is a part of a broader push for transparency within the food supply chain, as individuals seek to understand where their food comes from and the conditions under which it is produced.
Colombia Rice Industry Segmentation
“Colombia Rice Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:
Market Breakup by Rice Type
- Long-Grain Rice
- Medium-Grain Rice
- Short-Grain Rice
Market Breakup by Processing Type
- White Rice
- Brown Rice
- Parboiled Rice
Market Breakup by End Use
- Food and Beverages
- Retail
- Industrial
Colombia Rice Market Share
Based on processing type, the market is divided into white rice, brown rice, and parboiled rice. White rice accounts for a major market share due to the extensive consumption of white rice among diverse population groups and its essential contribution to traditional Colombian cuisine. The popularity of white rice also stems from its adaptability, cost-effectiveness, and relatively mild taste.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Rice Type |
|
| Breakup by Processing Type |
|
| Breakup by End Use |
|
| Market Dynamics |
|
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Market Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Latin America Rice Market Overview
8.1 Key Industry Highlights
8.2 Latin America Rice Historical Market (2018-2023)
8.3 Latin America Rice Market Forecast (2024-2032)
8.4 Latin America Rice Market Share by Country
8.4.1 Brazil
8.4.2 Mexico
8.4.3 Argentina
8.4.4 Colombia
8.4.5 Others
9 Colombia Rice Market Overview
9.1 Key Industry Highlights
9.2 Colombia Rice Historical Market (2018-2023)
9.3 Colombia Rice Market Forecast (2024-2032)
10 Colombia Rice Market by Rice Type
10.1 Long-Grain Rice
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Medium-Grain Rice
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Short-Grain Rice
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
11 Colombia Rice Market by Processing Type
11.1 White Rice
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Brown Rice
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Parboiled Rice
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
12 Colombia Rice Market by End Use
12.1 Food and Beverages
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Retail
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Industrial
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyers Powers
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Latin America Rice Market: Key Industry Highlights, 2018 and 2032
2. Colombia Rice Market: Key Industry Highlights, 2018 and 2032
3. Colombia Rice Historical Market: Breakup by Rice Type (Thousand Tons), 2018-2023
4. Colombia Rice Market Forecast: Breakup by Rice Type (Thousand Tons), 2024-2032
5. Colombia Rice Historical Market: Breakup by Processing Type (Thousand Tons), 2018-2023
6. Colombia Rice Market Forecast: Breakup by Processing Type (Thousand Tons), 2024-2032
7. Colombia Rice Historical Market: Breakup by End Use (Thousand Tons), 2018-2023
8. Colombia Rice Market Forecast: Breakup by End Use (Thousand Tons), 2024-2032
9. Colombia Rice Market Structure
Key Questions Answered in the Report
In 2023, the market reached an approximate volume of 2035 thousand tons.
The market is estimated to grow at a CAGR of 1.10% between 2024 and 2032.
The rice market in Colombia is estimated to witness a healthy growth during 2024-2032 to reach around 2242.68 thousand tons by 2032.
The market is being driven by rise in disposable income, the adoption of advanced agricultural techniques, and growing demand for healthier food options such as brown rice.
The key trends aiding the market include the demand for traceability in rice products, the growing popularity of value-added rice, and the implementation of sustainable farming methods.
Based on rice type, market segmentations include long-grain rice, medium-grain rice, and short-grain rice.
Different end uses are food and beverages, retail, and industrial.
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