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Global Rice Market Report Covers Industry Analysis & Segmentation of Rice Production (Volume), Consumption (Volume and Value), Import (Volume and Value), Export (Volume and Value), and Price Trend Analysis in Emerging and Established Markets Across the World, Including Major Countries in North America, Europe, Asia-Pacific, South America, and Middle East and Africa. The Report Offers the Market Size and Forecasts in Terms of Volume in Thousand Metric Tons and Value in USD Million for all the Above Segments.
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The global rice market reached a value of approximately USD 323.70 Billion in 2024. The market is projected to grow at a CAGR of 3.10% between 2025 and 2034, reaching a value of around USD 439.27 Billion by 2034.
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The global rice market size reached USD 309.8 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 380.4 Billion by 2033, exhibiting a growth rate (CAGR) of 2.19% during 2025-2033. The market is experiencing stable growth driven by population growth and shifting dietary preferences, increasing globalization and the presence of international trade agreements, government initiatives and agricultural policies, and the escalating demand for rice-based convenience food products.
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The United States 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 Report Offers the Market Size and Forecast in Value (USD) and Volume (metric Tons).
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Access North America Basmati Rice Industry Overview which includes North America country analysis of (United States, Canada, Mexico), market split by Type , Applications, product, Distribution Channel, Pack Size
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The global basmati rice market, valued at USD 6.34 Billion in 2024, has experienced significant growth, driven by diverse market segments such as organic, fortified, and ready-to-cook rice products, addressing varied consumer demands. The market is projected to grow at a compound annual growth rate (CAGR) of 2.00% from 2025 to 2034, potentially reaching USD 7.73 Billion by 2034. This growth is further supported by the growing perception of Basmati rice as a healthier alternative to regular rice, typically offering a lower glycemic index, which is beneficial for diabetics and health-conscious individuals.
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Access Europe Basmati Rice Industry Overview which includes Europe country analysis of (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Switzerland, Luxembourg, Rest of Europe), market split by Type , Applications, product, Distribution Channel
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The United States Basmati rice market is being supported by the growing global production of basmati rice, which reached a volume of 11.81 MMT in 2024. The global production of basmati rice is expected to grow at a CAGR of 5.70% in the forecast period of 2025-2034.
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North America Instant rice market size is USD 860.48 million in 2024 and will expand at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031
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The United States rice market reached approximately 12.37 MMT in 2024. The market is projected to grow at a CAGR of 1.30% between 2025 and 2034, reaching a volume of around 14.08 MMT by 2034.
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Recent developments include: December 2022: According to the Texas State Historical Association, a few major cities producing about 90% of the US rice crop are Arkansas, California, Louisiana, and Texas and with lesser production along the Mississippi river in Mississippi, Missouri, and Tennessee., November 2022: The United States is a top five global exporter of high-value rice, and more than 80% of the rice is sustainably grown on family farms. But a series of challenges - both manmade and environmental - are threatening the industry and dependent communities, leading the industry to request USD 400 million in emergency assistance from the US government.. Key drivers for this market are: , Increasing Food Security Concerns; Inclination Toward a Healthy Lifestyle. Potential restraints include: , Unfavorable Climatic Conditions; Higher Market Entry Cost. Notable trends are: Steady Increase in Production is Driving the Market.
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The Asia Pacific Rice Market report segments the industry into Geography (China, India, Japan, Thailand, Vietnam, Australia, Pakistan, Bangladesh, Philippines, Indonesia, Sri Lanka). The report includes Production Analysis by Volume, Consumption Analysis by Value and Volume, Import Analysis by Value and Volume, Export Analysis by Value and Volume, Wholesale Price Trend Analysis.
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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: Basmati Rice
Key Drivers
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.
Restraint-
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- transportation challenges, geopolitical tension, and trade restriction...
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The Chile rice market reached approximately 263.10 Kilo Tons in 2024. The market is projected to grow at a CAGR of 1.10% between 2025 and 2034, reaching a volume of around 293.52 Kilo Tons by 2034.
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Global Rice market size is expected to reach $55.19 billion by 2029 at 9.5%, the role of a thriving food and restaurant sector in fueling the rice market growth
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The China Rice Market Report is Analyzed by Production (volume), Consumption (volume and Value), Import (volume and Value), Export (volume and Value), and Price Trend. The Report Offers the Market Size and Forecast in Terms of Value (USD) and Volume (metric Tons) for the Above-Mentioned Segments.
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The Asia Pacific basmati rice market is being aided by the growing India basmati rice market, which has been witnessing a healthy growth. The India basmati rice market is expected to grow at a CAGR of 6.00% in the forecast period of 2025-2034.
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The global instant rice market size was USD 1.9 billion in 2023 and is likely to reach USD 3.1 billion by 2032, expanding at a CAGR of 5.9% during 2024–2032. The market growth is attributed to the increasing consumer preference for convenience foods across the globe.
Increasing consumer preference for convenience foods is driving the instant rice market. The hectic lifestyle of the modern consumer is pushing the demand for ready-to-eat meals, and instant rice, being a significant part of this category, is witnessing a surge in the market. The product offers the advantage of reduced cooking time without compromising on nutritional value, which is a key factor contributing to its popularity. Moreover, the availability of instant rice in various flavors and types, such as brown and white, is further fueling its market.
The use of artificial intelligence is likely to provide substantial propulsion to the instant rice market. AI-powered machines are now capable of sorting and packaging the product efficiently, reducing manual labor and increasing productivity. These machines detect any defects in the product, ensuring that only the highest quality rice reaches the consumers.
AI is helping manufacturers to predict consumer behavior and market trends accurately. This allows them to adjust their production levels accordingly, minimizing waste and maximizing profits. AI is playing a crucial role in the marketing of the product. By analyzing consumer data, AI helps manufacturers to target their advertising more effectively, reaching the right consumers with the right message at the right time. Thus, AI improves the efficiency of the instant rice market and helps to drive its growth.
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According to Cognitive Market Research, the global Instant rice market size is USD 21512.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 6.20% from 2024 to 2031.
North America held the major market of more than 40% of the global revenue with a market size of USD 860.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 645.36 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 429.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.2% from 2024 to 2031.
Latin America market of more than 5% of the global revenue with a market size of USD 107.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.6% from 2024 to 2031.
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 43.02 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.9% from 2024 to 2031.
The White Rice held the highest instant rice market revenue share in 2024.
Key Driver for the Instant rice Market
Rising disposable incomes to Increase the Demand Globally
There is a positive correlation between consumers' willingness to spend more on convenient meal options and their discretionary income. The market for premium instant rice products, such as flavored, brown rice, and organic types, is expanding due to this trend. These products' varied tastes, ease of preparation, and apparent health benefits entice consumers. Premium instant rice is preferred, which reflects changing consumer tastes toward more convenient and healthful meal options. In response to this demand, food producers are diversifying their offerings to accommodate a wider range of palates and dietary requirements. Because of this, the market for premium instant rice is expanding steadily due to shifting consumer habits and increased disposable incomes.
Growing Awareness of Health to Propel Market Growth
Growing consumer awareness of the health advantages of whole grains encourages them to look for nutrient-dense dietary options. Instant brown rice is becoming increasingly popular among people concerned about their health because it is known to be a great source of fiber and vital nutrients. Its ability to provide convenience without sacrificing nutritious content makes it so appealing. Instant brown rice is becoming increasingly popular among consumers who value eating better because it's a flexible and nutrient-dense substitute for regular white rice. This change indicates a larger diet movement to include whole grains in everyday meals to promote general health. Food producers are taking advantage of this trend by providing a range of fast brown rice products to satisfy the rising demand brought on by the increasing recognition of the advantages.
Market Restraint of the Instant Rice Market
High Price to Limit the Sales
For some consumers, especially in price-sensitive economies, the higher price point of quick rice relative to ordinary rice is a possible obstacle. This price difference would encourage those on a tight budget to buy quick rice goods, restricting the market for those products to a certain group of people. Although instant rice is convenient and easy to prepare, buyers looking for more affordable options may need help to justify its premium price. The increased price of quick rice may cause some consumers to choose conventional types in price-sensitive regions where affordability is a major factor in purchase decisions. To guarantee more accessibility to instant rice products for a wider range of customer demographics, food makers and retailers may need to consider pricing tactics or offer more reasonably priced alternatives.
Impact of Covid-19 on the Instant rice Market
Significant COVID-19 effects were seen in the instant rice industry due to changes in customer behavior and supply chain interruptions. Sales of instant rice products soared during the pandemic due to increasing demand for convenient, shelf-stable foods. Amidst lockdowns and limitations, consumers sought quick and simple meal alternatives, which increased demand for instant rice variations. However, manufacturing and distribution were impacted by supply chain issues, such as labor shortages and...
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The global market size of Paddy Rice is $XX million in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million by the end of 2024 with a CAGR of XX% from 2019 to 2024.
Global Paddy Rice Market Report 2019 - Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global Paddy Rice industry. The key insights of the report:
1.The report provides key statistics on the market status of the Paddy Rice manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
2.The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
3.The report presents the company profile, product specifications, capacity, production value, and 2013-2018 market shares for key vendors.
4.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
5.The report estimates 2019-2024 market development trends of Paddy Rice industry.
6.Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out
7.The report makes some important proposals for a new project of Paddy Rice Industry before evaluating its feasibility.
There are 4 key segments covered in this report: competitor segment, product type segment, end use/application segment and geography segment.
For competitor segment, the report includes global key players of Paddy Rice as well as some small players.
The information for each competitor includes:
* Company Profile
* Main Business Information
* SWOT Analysis
* Sales, Revenue, Price and Gross Margin
* Market Share
For product type segment, this report listed main product type of Paddy Rice market
* Product Type I
* Product Type II
* Product Type III
For end use/application segment, this report focuses on the status and outlook for key applications. End users sre also listed.
* Application I
* Application II
* Application III
For geography segment, regional supply, application-wise and type-wise demand, major players, price is presented from 2013 to 2023. This report covers following regions:
* North America
* South America
* Asia & Pacific
* Europe
* MEA (Middle East and Africa)
The key countries in each region are taken into consideration as well, such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.
Reasons to Purchase this Report:
* Analyzing the outlook of the market with the recent trends and SWOT analysis
* Market dynamics scenario, along with growth opportunities of the market in the years to come
* Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
* Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
* Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
* Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
* Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
* 1-year analyst support, along with the data support in excel format.
We also can offer customized report to fulfill special requirements of our clients. Regional and Countries report can be provided as well.
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Global Rice Market Report Covers Industry Analysis & Segmentation of Rice Production (Volume), Consumption (Volume and Value), Import (Volume and Value), Export (Volume and Value), and Price Trend Analysis in Emerging and Established Markets Across the World, Including Major Countries in North America, Europe, Asia-Pacific, South America, and Middle East and Africa. The Report Offers the Market Size and Forecasts in Terms of Volume in Thousand Metric Tons and Value in USD Million for all the Above Segments.