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Stock impact report

15 Highest Quality Rice Brands in 2024 [Yahoo! Finance]

MGP Ingredients, Inc. (MGPI) 
Last mgp ingredients, inc. earnings: 4/30 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.mgpingredients.com
Company Research Source: Yahoo! Finance
Global Rice Industry Outlook 2024: An Overview As a cereal grain, rice is one of the most widely consumed staple foods in the world, with especially strong demand for some of the highest quality rice brands in Asia, a region which accounts for more than 92% of global rice production and consumption. Although it is cultivated in more than 120 countries across the globe, China and India account for more than half of rice's global production. It is one of the most fundamental agricultural commodities in the world, with Asian, sub-Saharan African, and South American regions posting the greatest demand. In 2024, the global rice market has been valued at $376.5 billion and is expected to reach $436.5 billion by 2029 at a CAGR of 3% during the forecast period. This growth is primarily attributed to rampant growth in the food and beverage and restaurant industries, respectively. Furthermore, consistent development in rice mill technology and improved packaging sensibilities have caused pro Show less Read more
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