In 2024, the domestic consumption volume of milled rice was over *** million metric tons in India. This is an increase from the previous year, when the domestic consumption volume of milled rice was about *** million metric tons.

The India Rice Market Report Includes Production Analysis (Volume), Consumption Analysis (Value and Volume), Export Analysis (Value and Volume), Import Analysis (Value and Volume), and Price Trend Analysis. The Market Forecasts are Provided in Terms of Value (USD) and Volume (Metric Tons).

The size of the Rice Industry in India market was valued at USD 52.82 Million in 2023 and is projected to reach USD 62.36 Million by 2032, with an expected CAGR of 2.40% during the forecast period. The rice industry encompasses the entire process of rice cultivation, processing, distribution, and consumption. As one of the world's most important staple foods, rice is a primary source of nutrition for more than half of the global population, especially in Asia, where countries like China, India, and Indonesia are the largest producers and consumers. The industry plays a critical role in food security and the economy, providing livelihoods for millions of farmers and workers involved in its production and processing. Rice cultivation involves various practices, including land preparation, planting, irrigation, and harvesting. Different varieties of rice, such as indica and japonica, are grown based on regional preferences and climatic conditions. The industry is highly influenced by factors such as weather patterns, soil fertility, and pest management, making it vulnerable to environmental changes. Innovations in agricultural technology, including genetically modified varieties and sustainable farming practices, are being adopted to increase yield and resilience against climate change. Recent developments include: June 2024: The Acharya N.G. Ranga Agricultural University released rice varieties suitable for Andhra Pradesh. The varieties are MTU 1271, BPT 2846, BPT 2841, and NLR 3238. The new varieties are high-yielding and resistant to various pests and diseases., September 2022: The Government of India prohibited the export of broken rice through an amendment made to the export policy, which is aimed at increasing the domestic availability of broken rice amid rising demand from the poultry industry and increasing ethanol production as part of Ethanol Blended Petrol (EBP) program in the country., June 2022: Vida Carbon Corp. signed an Emission Reduction Purchase Agreement with Core CarbonX Solutions Pvt. Ltd, an established climate and sustainability consulting firm based in India. The agreement aims to improve rice farmers' cultivation and water management practices on over 100,000 hectares in Telangana in four phases, thereby increasing production.. Key drivers for this market are: Increasing Demand for Indian Rice, Enhancing Production Capacities; Increasing Government Initiatives. Potential restraints include: Abiotic and Biotic Stresses in Rice Cultivation, High Market Entry Costs. Notable trends are: Increasing Demand for Indian Rice.

In financial year 2024, the production volume of rice in India was nearly *** million metric tons. The first advance estimate for financial year 2025 indicated the rice production of around *** million metric tons. As a staple crop, rice is widely consumed across India. Rice exports from India br As the leading exporter of rice on the global market, significantly contributing its agricultural trade. The country’s export portfolio includes both Basmati and non-Basmati rice varieties. In 2022, the export value of Basmati rice alone exceeded three billion rupees, with Iran and Saudi Arabia being the primary destinations. Interestingly, since 2020, the exports of non-Basmati rice has surpassed that of Basmati, indicating a shift in global preference. Rice consumption in India In the global ranking of rice consumption, India holds a prominent position, second only to China. The per capita availability of rice in India is estimated at *** grams per day, signifying its extensive consumption across the nation. Over the years, there has been a consistent rise in the net availability of rice in India, a testament to the growth in production and efficient supply chain mechanisms. As a staple food to most Indians, rice constitutes a significant portion of the overall food grain availability in the country.

India Packaged Rice Market was valued at USD 13.92 Billion in 2025 and is expected to reach USD 19.66 Billion by 2031 with a CAGR of 5.92%.

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Market Size	2025: USD 13.92 Billion
Forecast Market Size	2031: USD 19.66 Billion
CAGR	2026-2031: 5.92%
Fastest Growing Segment	Basmati
Largest Market	North
Key Players	1. Adani Wilmar Ltd. 2. Aeroplane Rice Ltd. 3. Amira Nature Foods Ltd. 4. Baba Naga Agro Pvt. Ltd. 5. Balashree Foods Pvt. Ltd. 6. Chaman Lal Setia Exports Ltd. 7. Patanjali Ayurved Limited 8. Shri Lal Mahal Group 9. Sriveda Sattva Pvt. Ltd. 10. VSR Foods

In financial year 2024, the yield of rice across India was estimated to be approximately *** thousand kilograms per hectare. A consistent increase in the yield of rice was noted since fiscal year 1991 except a fall in 2021. Rice is a staple food grain in India, with the yield competing with China’s. The increasing Indian population is reflected by the growing rice demand across the country, as well as production and consumption volumes.   Rice in Indian cuisine Along with other food grains, rice is arguably the most important part of an Indian meal at least once in a day, regardless of region. India was the largest global rice producer in terms of the area harvested. Although some of this is exported, these numbers were reached in order to meet the demand for the crop – a demand from about *** billion people. Despite the cultivation of wheat and other products, rice was the most consumed agricultural product and had the highest market value in 2016. Keeping up with the demand Agriculture , the backbone of the Indian economy and the reason for over ** percent of the population’s livelihood, gets arguably not as much assistance as it needs. Even in the face of governmental efforts to improve methods and to introduce education and development programs to ensure a more productive, less labor-intensive process, recent years have proved difficult for farmers. Excessive rain leading to flooding, droughts from unpredictable heat waves, in addition to the recent slump in the economy have led to challenging circumstances. High-yielding plants, agrochemicals and the use of technology might be solutions, reflected in an increasingly funded agro-technology market in the country.

Rice is one of the most widely consumed grains in the world. As the most populous country in the world, China also consumes more rice than any other country, with about *** million metric tons consumed in 2024/2025. Following China, India is ranked second with *** million metric tons of rice consumed in the same period. Rice production Rice requires very specific conditions in order to flourish. It must be grown in a field flooded with several inches of water, known as a paddy field. Unsurprisingly, China and India also top the list as the biggest producers of rice worldwide. Rice has such a neutral flavor that it can be integrated into almost any kind of dish, paired with virtually any flavor. In China, rice is often steamed and served alongside stir-fried meat and vegetables. Rice varieties Though there are dozens of varieties of rice grown and consumed across globe, the three most prominent types of rice are indica, japonica, and aromatic. The price index of all rice, however, has increased by over ** points since 2016.

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Rice Market Size 2023-2027

The rice market size is projected to increase by 85.65 million T, at a CAGR of 3.6% between 2022 and 2027.

Market growth in the rice industry is driven by several key factors. Firstly, increased consumption of rice as a staple food globally is a significant factor. Secondly, the diverse range of rice varieties available from producers caters to various consumer preferences and market demands. Thirdly, rising demand for rice flour from emerging markets, particularly in the food processing and cosmetics industries, is another crucial factor. These elements collectively fuel market growth, emphasizing rice's importance as a vital food source.
As consumption patterns evolve and dietary trends shift, producers are expected to continue innovating to meet diverse consumer preferences. Brown rice, in particular, is gaining popularity due to its health benefits and environmental sustainability. Producers must adapt to changing market dynamics to ensure continued growth and sustainability in the rice industry. This trend underscores the significance of brown rice as a crucial food source and the need for producers to stay competitive and responsive to market demands.

What will be the Size of the Rice Market During the Forecast Period?

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How is the Rice Market Segmented?

The rice market research report provides comprehensive data (region wise segment analysis), with forecasts and estimates in 'Million ton' for the period 2023 to 2027, as well as historical data from 2017 to 2021 for the following segments

Product Outlook 

  Long grain
  Medium grain
  Short grain


Distribution Channel Outlook 

  Offline
  Online


Region Outlook

  North America

    The U.S.
    Canada


  Europe

    The U.K.
    Germany
    France
    Rest of Europe


  APAC

    China
    India


  Middle East & Africa

    Saudi Arabia
    South Africa
    Rest of the Middle East & Africa


  South America

    Chile
    Brazil
    Argentina

By Product

The market share growth by the long-grain segment will be significant during the forecast period. Long-grain rice is slim and lengthy, having a length that is three to five times its width. This segment has a range of rice varieties such as basmati and jasmine.

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The long-grain segment was valued at 177.73 million T in 2017. Long-grain rice is widely produced and consumed across Asian countries. These countries are some of the largest consumers of rice in the world. Thus, the popularity of long-grain rice in leading rice-consuming countries in the world is driving the growth of the long-grain segment of the global market. Furthermore, long-grain rice is believed to be healthier than other rice varieties.
For instance, basmati rice is low in carbohydrates and cholesterol, making it suitable for consumption by people with chronic disorders such as diabetes, cardiac diseases, and obesity. Such health benefits of long-grain rice increase its popularity among consumers, which, in turn, will drive rice market growth during the forecast period.

By Distribution Channel

The offline distribution channel segment generates revenue from the sales of products through hypermarkets, supermarkets, department stores, and independent retailers. Retailers are introducing new business and retail strategies, for example, better pricing strategies and wider assortments, owing to the declining preference for offline shopping and the need to survive in a competitive market. As a part of the marketing and offline sales strategy, resellers place attractive displays that generate strong sales. companies push their offline sales by widening their store operations across locations.
Companies can increase sales and cater to each consumer category through expansions in large geographies. With the growth in retail channels in cities and regions, customers have access to different varieties of rice, such as brown rice, basmati rice, and jasmine rice. This is expected to increase the sales of rice through offline channels during the forecast period. 

By Region

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APAC is estimated to contribute 73% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. APAC is the biggest producer and consumer of rice in the world. The region consumes about two-thirds of the total rice produced globally. Thus, rice is available in plenty across the region. Countries including China, Thailand, and India use rice in the preparation of a wide range of daily-use food items such as rice wine. This keeps the demand for rice high in the region.

The India rice seed market presents a significant growth opportunity, driven by increasing rice consumption, rising demand for high-yielding varieties, and government initiatives promoting agricultural modernization. The market, segmented by breeding technology (hybrids and open-pollinated varieties) and across various states, is experiencing robust expansion. While precise figures for market size and CAGR are not provided, observing similar agricultural markets, a reasonable estimate for the 2025 market size could be in the range of $500-$700 million USD, considering the scale of India's rice production and the significant role of seed technology in boosting yields. The CAGR over the forecast period (2025-2033) is likely to be in the range of 5-7%, influenced by factors like technological advancements in seed breeding, adoption of improved agricultural practices, and government support through subsidies and extension services. Key growth drivers include the increasing preference for hybrid rice varieties offering higher yields and disease resistance, coupled with the expansion of irrigation facilities and improved farming techniques. However, challenges such as climate change variability, water scarcity in certain regions, and the fluctuating prices of agricultural inputs could act as potential restraints on market growth. Leading players like Advanta Seeds, Bayer, and Syngenta are actively investing in research and development to introduce advanced seed varieties catering to specific regional needs, enhancing market competitiveness. The diverse geographical landscape and varying climatic conditions across India necessitate tailored seed solutions. States like Andhra Pradesh, Punjab, and Uttar Pradesh, being major rice-producing regions, contribute significantly to the market size. The segment of hybrid rice seeds is expected to witness faster growth due to its superior yield potential. However, open-pollinated varieties remain crucial, especially in regions with limited access to advanced technologies. The market's future trajectory will be shaped by factors such as government policies promoting sustainable agriculture, farmers' awareness of improved seed technologies, and the ongoing innovations in rice breeding techniques focused on enhancing yield, disease resistance, and climate resilience. The focus will likely be on developing climate-smart rice seeds capable of withstanding extreme weather events and water stress. Recent developments include: June 2021: Bioseed, a subsidiary of DCM Shriram, launched a Bio-Innovation Center through the IRRI (International Rice Research Institute) partnership. It is a new initiative focused on research products and innovations.September 2020: The International Rice Research Institute (IRRI) signed a partnership agreement with hybrid seed-producing company Bioseed to develop new hybrid seed varieties of rice.March 2020: Corteva Agriscience launched paddy seeds under the Brevant brand for rice farmers in India. These seeds are available through selected business collaborators in a few states.. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

Rice Market Outlook

According to our latest research, the global rice market size reached USD 312.5 billion in 2024, with a robust growth trajectory supported by a compound annual growth rate (CAGR) of 3.4% during the forecast period. The market is expected to expand further, reaching USD 418.6 billion by 2033. The primary growth driver for the rice market is the rising global population, especially in Asia and Africa, which is intensifying the demand for staple foods such as rice. Additionally, evolving dietary preferences and the increasing consumption of specialty rice varieties are fueling market expansion.

One of the most significant growth factors in the rice market is the escalating demand for rice as a staple food, particularly in rapidly urbanizing regions. As urban populations grow, there is an increased reliance on packaged and processed rice products, which offer convenience and longer shelf life. This shift is also driven by rising disposable incomes, allowing consumers to diversify their rice consumption beyond traditional varieties to include premium and fortified rice. Furthermore, government initiatives in countries like India, China, and Indonesia to ensure food security and subsidize rice production have further bolstered the market. These policies not only stabilize prices but also encourage farmers to adopt advanced cultivation techniques, leading to higher yields and better quality grains.

Technological advancements in rice cultivation and processing are also contributing to the market’s growth. The adoption of high-yielding and pest-resistant rice varieties, along with improved irrigation and mechanization, has significantly increased productivity. This has enabled producers to meet the rising demand both domestically and internationally. Additionally, the global rice trade is expanding, with major exporters such as Thailand, Vietnam, and India playing a pivotal role in meeting the needs of rice-importing nations. The increasing popularity of organic and specialty rice, such as basmati and jasmine, has opened new avenues for market players, allowing them to tap into niche segments with higher profit margins.

Health and wellness trends are also shaping the rice market, as consumers become more aware of the nutritional benefits of different rice varieties. Brown, red, and black rice are gaining traction due to their higher fiber and antioxidant content compared to white rice. This shift is particularly evident in developed regions, where consumers are willing to pay a premium for healthier options. Moreover, the use of rice in non-food applications, such as cosmetics and personal care products, is expanding the market’s reach. Companies are leveraging rice bran oil and rice-derived ingredients for their moisturizing and antioxidant properties, further diversifying the demand base and supporting long-term market growth.

Regionally, Asia Pacific continues to dominate the global rice market, accounting for the largest share in both production and consumption. However, North America and Europe are witnessing steady growth, driven by the rising popularity of ethnic cuisines and the increasing adoption of healthier rice varieties. Africa and Latin America are emerging as high-potential markets, with investments in infrastructure and agricultural modernization paving the way for increased production and consumption. As the rice market evolves, stakeholders across the value chain are focusing on sustainability, traceability, and innovation to stay competitive and meet the changing needs of consumers worldwide.

Product Type Analysis

The rice market is segmented by product type into long grain rice, medium grain rice, short grain rice, and others. Long grain rice, including varieties like basmati and jasmine, holds the largest market share due to its widespread consumption in Asia, the Middle East, and parts of Africa. Its fluffy texture and distinct aroma make it a preferred choice for a variety of dishes, from pilafs to biryanis. The growing po

According to Cognitive Market Research, the global basmati rice market size will be USD XX Billion in 2024 and is set to achieve a market size of USD XX Billion by the end of 2031 growing at a CAGR of XX% from 2024 to 2030. • Detailed market segmentation analysis at a various level such as type, application, distribution, and region. • Detailed analysis of the factors that drive and restrain the basmati rice market. • Current dominating region analysis and forecasted region analysis. • Asia-Pacific region dominated the market and accounted for the highest revenue of XX% in 2024 and it is projected that it will grow at a CAGR of XX% in the future. • Overview of current market trends and opportunities in the basmati rice market. • The parboiled rice type segment accounts for the largest market share and is anticipated to a healthy growth over the approaching years with a market size of USD XX billion in 2024.

Market Dynamics of Basmati Rice Market

Key Drivers for Basmati Rice Market

Population growth and rising demand a major driving factors for the basmati rice market

Increasing population will increase the consumption of rice, China is one of the leading countries in rice consumption because their population is high so the demand for rice is also high. The growing population will demand more food with great variety. highest rice-producing country. Also, China accounts for being the largest consumer of rice. It accounts for around 30% consumption of globally produced rice. Also, with increasing popularity of basmati rice and its health benefits among the young population boosts the market for basmati rice. Basmati rice is a good source of essential nutrients like carbohydrates, protein, and B vitamins. Basmati rice has a lower fat content compared to other rice varieties, making it a healthier choice for weight management, its aromatic flavor makes basmati rice unique from other rice varieties. For instance- Horeca is referred to as the hotel and food service industries that accept basmati rice as their staple food ingredient, which is consumed by people in high demand. Every restaurant or hotel experiences immense demand or requests from their guests to serve them with basmati rice. Such a demand contributes to increased production and sales of basmati rice, leading to the growth of the market. Hence, the increasing population reflects the consumption rate of basmati rice global market.

Modern trade and the rise of E-commerce drive the market of basmati rice

Modern trade of basmati rice is executed when various countries are importing rice from India and Pakistan. India is the biggest exporter of basmati rice, and the rise of demand in the world for Indian basmati has helped the market grow to substantial heights and generate great revenues in the prior forecast periods. e-commerce, the trend for ordering foods and groceries online has immensely increased. Moreover, there is an increase in the count of on-demand grocery apps, which is helping people order their pack of basmati rice and other goods from the comfort of their homes. This is what contributes immensely to the growth of the basmati rice market in the present forecast period. Because of their busy lifestyle people shifted from traditional store shopping to modern shopping for their convenience.

Key Restraints for Basmati Rice Market

Climatic conditions and supply chain disruption lead to many challenges for the Basmati rice market 

The delightful aroma and alluring taste of basmati rice have conquered the taste buds and hearts of millions of food enthusiasts worldwide. But climatic changes like drought, and unpredictable weather patterns, affect the quality of basmati rice. Basmati rice is revered for its aromatic taste, texture, and quality. Rice cultivation needs an average of 100 to 200 CM rainfall. It is a highly water-consuming crop. Most of the time because of poor irrigation systems and delayed monsoon a large amount of underground water is used for Rice cultivation. Deep tube wells are used for drawing underground water. These deep tube wells need high electricity consumption. A great amount of water resources is wasted in this way. Also, disruptions in the supply chain hinder the import and export market of basmati rice like...

Indica Long Shaped Rice Market Outlook

The global Indica Long Shaped Rice market size was valued at approximately USD 70 billion in 2023 and is projected to reach USD 105 billion by 2032, growing at a CAGR of 4.5% during the forecast period. This growth is primarily driven by increasing consumer demand for diverse rice products, expanding applications in various food segments, and rising global population. The growing awareness about the nutritional benefits of different types of Indica rice, as well as the increasing trend of health-conscious eating habits, further fuels market growth.

One of the significant growth factors for the Indica Long Shaped Rice market is the rising consumption of rice globally. Rice is a staple food for more than half of the world's population, particularly in Asia, where it is a primary source of calories. The high yield and adaptability of Indica rice varieties to different climatic conditions make them a preferred choice among farmers. Additionally, the growing awareness among consumers about the health benefits of whole-grain options like brown rice is boosting the market demand for these healthier alternatives.

Another key driver is the advancements in agricultural practices and technologies. The introduction of high-yielding and disease-resistant varieties has significantly improved rice production efficiency. Innovations in irrigation techniques and the application of fertilizers also contribute to increased rice yields. Moreover, governments in major rice-producing countries such as China, India, and Thailand are implementing supportive policies and subsidies, further enhancing rice production and market growth.

The growing middle-class population and increasing disposable incomes, particularly in emerging economies, are also propelling the market. As consumers' purchasing power increases, there is a higher demand for premium and specialty rice varieties. The convenience offered by processed and ready-to-cook rice products is another factor driving market growth, especially among urban consumers with busy lifestyles. Additionally, the expanding food service industry, including restaurants and fast-food chains, is contributing to the increasing demand for various types of Indica Long Shaped Rice.

Polished Rice, often referred to as white rice, undergoes a milling process that removes the husk, bran, and germ, resulting in a finer texture and a longer shelf life. This process, while reducing some of the nutritional content, enhances the rice's cooking qualities, making it a staple in many culinary traditions worldwide. The demand for Polished Rice remains robust due to its versatility and ease of preparation, fitting seamlessly into a variety of dishes from different cultures. As consumers continue to seek convenient and quick meal options, Polished Rice maintains its position as a favored choice in both household kitchens and the food service industry.

From a regional perspective, Asia Pacific remains the dominant market for Indica Long Shaped Rice, accounting for the largest share in 2023. This region is expected to continue its dominance during the forecast period due to the high production and consumption rates in countries like China, India, and Thailand. North America and Europe are also witnessing significant growth, driven by the increasing popularity of ethnic cuisines and the rising trend of healthy eating. The Middle East & Africa and Latin America are emerging markets with substantial growth potential, supported by improving agricultural practices and rising consumer awareness.

Product Type Analysis

The Indica Long Shaped Rice market is segmented by product type into Parboiled Rice, White Rice, Brown Rice, and Others. Parboiled Rice, known for its nutritional benefits and versatility in cooking, occupies a substantial market share. The parboiling process makes the rice more nutritious by preserving its vitamins and minerals. This type is particularly popular in regions like South Asia and parts of Africa, where it is a staple in various traditional dishes. The demand for parboiled rice is also increasing in Western countries, where consumers are becoming more health-conscious and seeking nutrient-rich food options.

White Rice remains one of the most consumed rice types globally due to its versatility and pleasant taste. It is preferred in numerous traditional and contemporary recipes worldwide. Despite its lower nutritional value compared to other

Basmati Rice Market Outlook

The global basmati rice market size is experiencing a robust growth trajectory, projected to reach a valuation of approximately USD 24 billion by 2032, up from USD 15 billion in 2023, at a compound annual growth rate (CAGR) of 5.3% during the forecast period. The growth of this market is primarily driven by increasing consumer awareness of the health benefits of basmati rice, along with its unique aromatic properties which distinguish it from other rice variants. The demand for basmati rice has been bolstered by its rising popularity not only in traditional regions where it has been a staple but also in new markets where a burgeoning interest in exotic and healthy food items is evident.

The expanding middle-class population, especially in emerging economies, is one of the key factors driving the growth of the basmati rice market. As disposable incomes rise, consumers are more willing to invest in premium food products, including basmati rice, which is often regarded as a delicacy due to its unique flavor and nutritional benefits. Additionally, the trend towards healthier eating patterns has led consumers to replace conventional rice varieties with basmati rice, known for its lower glycemic index and rich nutrient profile. This shift in dietary preferences is not just restricted to Asia but is also evident in European and North American markets, where health-conscious consumers are increasingly opting for basmati rice over other types of rice.

The growth of e-commerce platforms and online retailing has also significantly contributed to the expansion of the basmati rice market. Convenience, variety, and competitive pricing offered by online retailers have made it easier for consumers around the world to access a wide range of basmati rice products. Moreover, e-commerce platforms provide a valuable channel for smaller producers to reach a global audience, further stimulating market growth. The trend is particularly noticeable in regions with high internet penetration, where consumers are increasingly shifting from traditional retail outlets to online stores for their grocery needs, including specialty products like basmati rice.

Environmental factors and sustainable farming practices are becoming increasingly important in the basmati rice market. The demand for organically grown basmati rice is on the rise as consumers are becoming more environmentally conscious and prefer products that are sustainably sourced. Governments and agricultural bodies in key producing countries like India and Pakistan are promoting sustainable agriculture through various initiatives and subsidies, which not only help in preserving the environment but also enhance the quality and yield of basmati rice. This focus on sustainability is expected to attract a larger consumer base, thus driving the market growth further.

As the basmati rice market continues to expand, it's important to recognize the role of other rice varieties, such as Ponni Rice, which also hold significant cultural and economic value in various regions. Ponni Rice, primarily cultivated in the southern parts of India, is known for its soft texture and aromatic qualities, making it a staple in South Indian cuisine. Its popularity is not just limited to India; Ponni Rice has found a growing consumer base in international markets due to its unique characteristics and versatility in cooking. This variety complements the global rice market by offering consumers diverse options that cater to different culinary traditions and preferences.

Regionally, Asia Pacific continues to dominate the basmati rice market, accounting for the largest share due to its historical and cultural connection with the product. However, markets in North America and Europe are witnessing substantial growth due to increasing consumer inclination towards ethnic cuisines and healthy food products. The Middle East and Africa are also notable markets where basmati rice is a staple diet component, with a steady demand growth projected over the forecast period. Efforts to expand basmati rice production and distribution in Latin America are also underway, making it an emerging market with potential growth opportunities.

Product Type Analysis

In the basmati rice market, the product type segment is dominantly categorized into raw, parboiled, and steamed basmati rice. Raw basmati rice holds a significant portion of the market share due to its unique aromatic and flavorful properties, making it a preferred choice for traditional

Forecast: Rice Consumption at Farm Gate in India 2024 - 2028 Discover more data with ReportLinker!

In fiscal year 2024, India had an estimated **** million hectares of land area for rice cultivation. The south Asian country is the second-largest producer of rice globally, and the largest exporter. Where is rice grown in India? Rice is considered a kharif or monsoon crop, grown in climates that are hot and humid. As a principal crop in India, it is produced in the coastal strips on the eastern and western pockets of the country, the plains of Assam in the north-east, and the foothills of the Himalayas. Sona Masuri, Swarna, IR36, and BPT 5204 are some varieties of rice produced across these regions. The world-famous Basmati rice comes mainly from Haryana, Punjab, and Uttar Pradesh. How much rice does India export? India was a rice importer until the *****, when it was able to domestically meet demand and supply. The country became a major exporter of the food grain in the *****. Most recently, rice exports from the country were valued at nearly *** billion Indian rupees in 2023. In July 2023, India imposed restrictions on rice exports as a result of rising domestic prices, impacting the global rice market.

The India Rice Seed Market size was valued at USD 341 Million in 2023 and is projected to reach USD 470 Million by 2032, exhibiting a CAGR of 4.70 % during the forecast periods. This growth is attributed to the rising demand for hybrid rice seeds, government initiatives promoting seed technology adoption, increasing concerns over food security, and advancements in agricultural practices. Hybrid seeds offer superior yield, improved disease resistance, and higher nutritional content, making them an attractive option for farmers. Recent developments include: June 2021: Bioseed, a subsidiary of DCM Shriram, launched a Bio-Innovation Center through the IRRI (International Rice Research Institute) partnership. It is a new initiative focused on research products and innovations.September 2020: The International Rice Research Institute (IRRI) signed a partnership agreement with hybrid seed-producing company Bioseed to develop new hybrid seed varieties of rice.March 2020: Corteva Agriscience launched paddy seeds under the Brevant brand for rice farmers in India. These seeds are available through selected business collaborators in a few states.. Key drivers for this market are: Seed Treatment As A Solution To Enhance Yield, Growing Awareness For Seed Treatment Among The Farmers; Rising Trend Of Organic Farming. Potential restraints include: Limitations Across Farm-Level Seed Treatment, Rising Environmental Concerns. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

Indian Rice Market size was valued at USD 58.6 Billion in 2024 and is projected to reach USD 89.4 Billion by 2032, growing at a CAGR of 5.4% from 2026 to 2032. Key Market DriversGlobal Export Dominance and Agricultural Expansion: India maintains its leadership as the world's top rice exporter, supported by strategic government policies and increasing global demand. Agricultural land dedicated to rice cultivation expanded to 43.8 million hectares in 2023-2024, while government procurement reached 54.5 million metric tons. According to the Ministry of Agriculture and Farmers Welfare (2024), India accounted for 40% of global rice exports in 2023, exporting 21.4 million metric tons.Technological Modernization and Precision Agriculture: The Indian rice sector is undergoing a technological transformation, integrating precision farming and digital agriculture to enhance productivity and sustainability. Investment in agricultural technology reached USD 1.5 billion in 2023, with precision farming techniques expanding by 22%. As per NABARD (2024), digital agriculture platforms now support 8.7 million rice farmers across the country.

The Brown Rice Market will achieve a value of USD 9914.1 Million during 2025 and researchers anticipate it will expand to USD 19685.6 Million by 2035 at an annual growth rate of 7.1% throughout 2025 to 2035.

Attributes	Description
Estimated Industry Size (2025)	USD 9914.1 Million
Projected Industry Value (2035)	USD 19685.6 Million
Value-based CAGR (2025 to 2035)	7.1%

Country wise Insights

Countries	CAGR (2025 to 2035)
USA	5.8%
Germany	4.7%
India	7.3%

Category-wise Insight

Segment	Value Share (2025)
Sweet (Type)	85%

Segment	Value Share (2025)
Long Grain (Length)	65%

The global packaged rice market, valued at approximately $XX million in 2025, is projected to exhibit a compound annual growth rate (CAGR) of 3.50% from 2025 to 2033. This growth is fueled by several key drivers. The rising urban population globally, coupled with increasingly busy lifestyles, is leading to a surge in demand for convenient, ready-to-eat or easily-prepared food options like packaged rice. Furthermore, growing health consciousness is driving demand for nutritious options such as brown rice and basmati rice, boosting market segmentation. The expanding e-commerce sector and the proliferation of online grocery platforms also significantly contribute to market expansion, offering convenient access to a wider variety of packaged rice products. However, fluctuating rice prices due to climate change and agricultural challenges pose a significant restraint on market growth. Competitive pricing strategies among established players and emerging brands are also shaping market dynamics. The market is segmented by rice type (short, medium, long grain; white, red, brown, basmati, and others), and distribution channel (supermarkets, convenience stores, online retail, and others). Major players like KRBL Ltd, Amira Nature Foods Ltd, and Adani Group, along with numerous regional producers, compete in this dynamic market. Geographical distribution reveals significant market variations. Asia-Pacific, particularly India and China, commands a substantial share due to high rice consumption and a large population base. North America and Europe exhibit steady growth, driven by increasing demand for convenient and healthier food choices. The South American and Middle Eastern markets are expected to show moderate growth, influenced by factors like income levels and evolving consumer preferences. Future growth will likely depend on addressing price volatility through improved agricultural practices and supply chain management, as well as continued innovation in product offerings to cater to evolving consumer needs and preferences, including organic, fortified, and specialty rice varieties. The market will benefit from increasing awareness of the nutritional benefits of rice, coupled with strategic marketing efforts by producers. Recent developments include: In May 2022, Adani Wilmar announced the acquisition of Kohinoor Brand in India from McCormick Switzerland GMBH. The acquisition includes the Kohinoor brand portfolio comprising of Kohinoor for premium Basmati rice and Charminar for affordable rice., In July 2022, Tan Long group expanded its presence by the initial shipment of ST25 rice, a Vietnamese specialty recognized as the world's best rice, to Japan., In October 2021, Organic India, one of the leading organic food companies in India, launched new products to its organic portfolio, which includes organic basmati rice, red rice, black rice, etc.. Notable trends are: Increasing demand for Premium Packaged Rice.

Rice Market Outlook

As of 2023, the global rice market size is valued at approximately USD 290 billion and is projected to reach around USD 380 billion by 2032, growing at a compound annual growth rate (CAGR) of 2.8%. The growth in the rice market is primarily driven by rising population and increasing demand from emerging economies, coupled with advancements in agricultural techniques and government initiatives to ensure food security.

The burgeoning global population is a crucial growth factor for the rice market. As the world population continues to expand, the demand for staple foods like rice intensifies, particularly in densely populated regions such as Asia. Rice is a primary food source for over half of the world's population, making it a critical agricultural commodity. Additionally, economic growth in emerging markets has led to increased disposable income, which in turn increases the consumption of rice in both urban and rural areas. These factors collectively drive the upward trajectory of the rice market.

Technological advancements in agriculture also contribute significantly to the growth of the rice market. Innovations such as high-yielding rice varieties, improved irrigation techniques, and pest-resistant crops have increased rice production efficiency and output. Furthermore, precision farming and the use of drones for monitoring crop health are modernizing rice cultivation, leading to higher productivity and lower production costs. These advancements not only contribute to meeting the rising demand but also ensure sustainable farming practices that are crucial for long-term market growth.

Government initiatives aimed at ensuring food security and supporting agricultural sectors are pivotal in the expansion of the rice market. Many countries have implemented policies that encourage rice cultivation through subsidies, research funding, and infrastructure development. For instance, major rice-producing nations like India and China have established comprehensive agricultural support programs to boost rice production. These initiatives not only stabilize the market but also make rice more accessible and affordable, further stimulating demand.

Rice Crackers have emerged as a popular snack option, particularly in health-conscious markets. These snacks, made primarily from rice, are known for being gluten-free and low in calories, making them an attractive choice for consumers seeking healthier alternatives to traditional snacks. The rise in demand for rice crackers is driven by the increasing awareness of dietary needs and the growing trend of snacking on-the-go. Manufacturers are innovating with flavors and packaging to cater to diverse consumer preferences, further boosting the market for rice-based snacks. As a result, rice crackers are becoming a staple in snack aisles worldwide, contributing to the overall growth of the rice market.

The regional outlook for the rice market shows significant variances across different geographies. Asia Pacific, being the largest consumer and producer of rice, dominates the market with substantial contributions from countries like China, India, and Indonesia. North America and Europe, although smaller in terms of production, represent significant markets for specialty rice varieties and imported rice. Latin America and the Middle East & Africa are experiencing gradual growth due to increasing domestic production and rising consumption. Each region presents unique growth opportunities and challenges, shaping the overall dynamics of the global rice market.

Type Analysis

White rice is the most commonly consumed type of rice globally, dominating the market due to its widespread availability and consumer preference. White rice undergoes polishing and milling processes, which remove the bran and germ layers, resulting in a longer shelf life and more palatable product. Despite losing some nutrients during processing, white rice remains popular due to its versatility in culinary applications and ease of cooking. It is a staple in many cultures, forming the basis of numerous traditional dishes, particularly in Asia and Latin America.

Brown rice, on the other hand, is gaining traction due to its perceived health benefits. Unlike white rice, brown rice retains its bran and germ layers, making it a whole grain with higher fiber content, vitamins, and minerals. The growing awareness of the health benefits associated with whole grains has led to an increase in the consu