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Rice fell to 12.69 USD/cwt on July 15, 2025, down 0.70% from the previous day. Over the past month, Rice's price has fallen 5.44%, and is down 12.19% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Rice - values, historical data, forecasts and news - updated on July of 2025.
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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.
In the 52 week period ending on the 27th of December 2020, 24.12 million British pound was spent on chilled rice in the United Kingdom. This constitutes a decrease of approximately five million British pounds in comparison to the previous year.
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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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In 2024, the global rice market increased by 3.6% to $513.3B, rising for the third year in a row after two years of decline. The market value increased at an average annual rate of +1.6% over the period from 2012 to 2024; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. Global consumption peaked in 2024 and is expected to retain growth in years to come.
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The global rice market value was USD 293,773.9 Million in 2021. It is expected to grow at a CAGR of 2.35% between 2023 and 2032.
Market growth is expected to be aided by the expanding restaurant and food industry worldwide. More than half the world’s population eats rice as a staple food. The largest market for the product is in the Asia Pacific, which has seen significant market growth. The product demand is increasing in emerging countries due to the continuous improvement in rice mill machinery worldwide and the attractive packaging. Read More
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The Rice Market Report is Segmented by Geography (North America, Europe, Asia-Pacific, South America, Middle East, and Africa). The 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).
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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 rice market is influenced by supply and demand dynamics, production levels, government policies, weather conditions, and global trade. Understanding these factors is crucial for stakeholders in the rice industry to make informed decisions and ensure food security for millions of people who rely on rice as a staple food.
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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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Forecast: Milled or Broken Rice Market Size Value in Denmark 2023 - 2027 Discover more data with ReportLinker!
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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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Forecast: Husked Rice Market Size Value in Finland 2024 - 2028 Discover more data with ReportLinker!
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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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United States Rice Market was valued at USD 8 Billion in 2024 and is projected to reach USD 12 Billion by 2031 growing at a CAGR of 3.55% from 2024 to 2031.
Key Market Drivers: Diverse Consumer Demographics: The growing multicultural population in the United States has significantly increased the demand for various rice varieties. This demographic shift, combined with the rising popularity of ethnic cuisines and rice-based dishes, has created a more diverse and expanding market for both traditional and specialty rice products across different consumer segments. Health and Wellness Trends: The increasing consumer focus on health-conscious eating habits has boosted demand for nutritious rice varieties like brown rice and fortified products. This trend is supported by growing awareness of whole grain benefits, gluten-free diets and the nutritional value of rice as a clean-label, minimally processed food source. Food Service Industry Growth: The expansion of the food service sector, including restaurants, hotels and institutional facilities, has driven substantial demand for rice products. The versatility of rice in various cuisines, its cost-effectiveness as a menu ingredient and its broad appeal across different dining concepts contribute to steady market growth. Sustainable Agriculture Practices: The adoption of sustainable farming methods and water-efficient cultivation techniques has strengthened the U.S. rice industry’s position. These practices enhance production efficiency, reduce environmental impact and meet growing consumer demand for sustainably produced food products, driving market value and competitiveness.
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Discover the latest market trends in the global rice industry. With an increasing demand for rice worldwide, the market is expected to see steady growth over the next decade. By 2035, the market volume is projected to reach 881 million tons, with a market value of $585 billion.
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The rice-based products market is projected to be valued at USD 237.4 million in 2025 and is expected to reach USD 437.4 million by 2035, expanding at a CAGR of 6.3% during the forecast period.
Metrics | Values |
---|---|
Industry Size (2025E) | USD 237.4 million |
Industry Value (2035F) | USD 437.4 million |
CAGR (2025 to 2035) | 6.3% |
Semi-Annual Market Update
Particular | Value CAGR |
---|---|
H1 (2024 to 2034) | 5.9% |
H2 (2024 to 2034) | 6.3% |
H1 (2025 to 2035) | 6.2% |
H2 (2025 to 2035) | 6.5% |
Segment-wise Analysis
Segment | Value Share (2025) |
---|---|
Rice Snacks (By Product) | 35% |
Segment | Value Share (2025) |
---|---|
Supermarkets/Hypermarkets(By Distribution Channel) | 50% |
Country-wise Analysis
Countries | CAGR (2025 to 2035) |
---|---|
USA | 4.7% |
UK | 3.9% |
France | 3.8% |
Germany | 4.1% |
Italy | 3.7% |
South Korea | 4.5% |
Japan | 5.2% |
China | 6.8% |
Australia | 4.2% |
New Zealand | 3.6% |
Competitive Outlook
Company Name | Estimated Market Share (%) |
---|---|
Lundberg Family Farms | 18-22% |
Tilda | 15-19% |
RiceSelect | 12-16% |
Kameda Seika | 8-12% |
Lotus Foods | 6-10% |
Other Companies (Combined) | 30-40% |
The statistic shows the market value of rice between 2008 and 2010, including a forecast for 2015, based on the sales price. In 2008, the market value of rice in China, based on the sales price, amounted to around **** billion U.S. dollars.
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The market value of the Europe wild rice market is estimated to be about USD 95.4 million by 2025. The market will have grown further, with an estimate of USD 193.4 million, by 2035. The market is expected to grow at a CAGR of 7.3% over the period from 2025 to 2035. With the changing consumer preferences, the demand for healthier and sustainable food options, such as wild rice, is increasing.
Attributes | Description |
---|---|
Estimated Europe Wild Rice Industry Size (2025E) | USD 95.4 Million |
Projected Europe Wild Rice Industry Value (2035F) | USD 193.4 Million |
Value-based CAGR (2025 to 2035) | 7.3% |
Country-wise Insights
Countries | CAGR (2025 to 2035) |
---|---|
UK | 5.1% |
Germany | 6.6% |
France | 8.1% |
Italy | 8.8% |
Category-Wise Insights
Segment | Value Share (2025) |
---|---|
Ready-to-eat (Product Type) | 55% |
Segment | Value Share (2025) |
---|---|
Pouch (By Packaging Type) | 52% |
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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.
Key Dynamics of
Instant Rice Market
Key Drivers of
Instant Rice Market
The increasing demand for convenient and time-efficient meal solutions: Urban lifestyles and hectic work schedules are influencing consumer preferences towards ready-to-eat and quick-to-prepare food options. Instant rice, which cooks in mere minutes without sacrificing texture or flavor, satisfies this rising demand for convenience in both home and away-from-home dining.
The growth of single-person households and nuclear families: The increasing number of single professionals, students, and small households worldwide is driving the demand for portion-controlled, quick-cooking food formats. Instant rice offers a practical, low-effort solution that requires minimal preparation and cleanup.
The expansion of retail and e-commerce food distribution channels: The accessibility of instant rice through supermarkets, online grocery platforms, and travel retail is significantly enhancing market visibility and availability. Effective branding, shelf-ready packaging, and an extended shelf life increase its attractiveness across various consumer segments.
Key Restraints for
Instant Rice Market
Perceived lower quality and nutritional value: Despite its convenience, some consumers perceive instant rice as being inferior in texture, taste, or nutritional value compared to traditionally cooked rice. This perception may impede adoption amo...
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Rice fell to 12.69 USD/cwt on July 15, 2025, down 0.70% from the previous day. Over the past month, Rice's price has fallen 5.44%, and is down 12.19% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Rice - values, historical data, forecasts and news - updated on July of 2025.