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The North American rice market is projected to witness a CAGR of 2.4% during the forecast period, 2020-2025
Over the recent years, the rice market has witnessed considerable growth on the back of the increasing demand for American rice in emerging and developing nations across the world, as North America is an export-oriented rice producer, but with considerably lower domestic consumption values.
In addition to the support from the government, a few of the major factors responsible for the prosperity of the market include access to good inputs, good crop management systems, and advanced technology. These contribute to high-quality rice at harvest and the ability to maintain that quality throughout the milling and distribution chain. At the same time, highly efficient transportation and logistics contribute to the growth of the market in North America.