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Global Basmati Rice Market to Grow at a CAGR of 2.0% During 2024-2032, Aided by the Growth of Asia Pacific Rice Market

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Global Basmati Rice Market Share, Size, Analysis, Forecast: By Type: Parboiled, Raw; By Nature: White, Brown, Others; By Country of Origin: India, Pakistan, Others; By End User: Retail, HoReCa and Institutional; By Distribution Channel: Supermarkets and Hypermarkets, Others; Regional Analysis; Competitive Landscape; 2024-2032

Basmati Rice Market Growth

As per the Agricultural & Processed Food Products Export Development Authority (APEDA), for India's basmati rice export market, Iran emerges as the largest importer, accounting for 25.3% of the total exports, followed by Saudi Arabia with 17.1% and Iraq with 12.3%. These three countries alone represent a substantial portion of the market, indicating the strong demand for basmati rice in the Middle East. The United Arab Emirates and Yemen also contribute notable shares, with 6.5% and 5.2%, respectively, reinforcing the Middle Eastern dominance.

The basmati rice industry analysis also states that the United States (4.1%) and Kuwait (3.7%) are prominent non-Middle Eastern buyers, while the United Kingdom (3.3%), Oman (2.0%), and Qatar (1.8%) account for smaller shares. The overall trend shows a concentrated demand in the Middle East, driven by inventory-building efforts and a willingness to pay higher prices. This reflects the regional preference and robust market potential for India's basmati rice.

Basmati Rice Market Report Snapshots

Basmati Rice Market Size

Basmati Rice Market Growth

Basmati Rice Companies

Basmati Rice Market Regional Analysis

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.

1   Preface
2   Report Coverage – Key Segmentation and Scope
3   Report Description
   3.1   Market Definition and Outlook
   3.2   Properties and Applications
   3.3   Market Analysis
   3.4   Key Players
4   Key Assumptions
5   Executive Summary
   5.1   Overview
   5.2   Key Drivers
   5.3   Key Developments
   5.4   Competitive Structure
   5.5   Key Industrial Trends
6   Market Snapshot
   6.1   Global
   6.2   Regional
7   Opportunities and Challenges in the Market
8   Global Basmati Rice Market Analysis
   8.1   Key Industry Highlights
   8.2   Global Basmati Rice Historical Market (2018-2023)
   8.3   Global Basmati Rice Market Forecast (2024-2032)
   8.4   Global Basmati Rice Market by Type
       8.4.1   Parboiled
8.4.1.1 Historical Trend (2018-2023)
           8.4.1.2 Forecast Trend (2024-2032)
       8.4.2   Raw
8.4.2.1 Historical Trend (2018-2023)
           8.4.2.2 Forecast Trend (2024-2032)
   8.5   Global Basmati Rice Market by Nature
       8.5.1   White
8.5.1.1 Historical Trend (2018-2023)
           8.5.1.2 Forecast Trend (2024-2032)
       8.5.2   Brown
8.5.2.1 Historical Trend (2018-2023)
           8.5.2.2 Forecast Trend (2024-2032)
       8.5.3   Others
   8.6   Global Basmati Rice Market by Country of Origin
       8.6.1   India
8.6.1.1 Historical Trend (2018-2023)
           8.6.1.2 Forecast Trend (2024-2032)
       8.6.2   Pakistan
8.6.2.1 Historical Trend (2018-2023)
           8.6.2.2 Forecast Trend (2024-2032)
       8.6.3   Others
   8.7   Global Basmati Rice Market by End User
       8.7.1   Retail
8.7.1.1 Historical Trend (2018-2023)
           8.7.1.2 Forecast Trend (2024-2032)
       8.7.2   HoReCa and Institutional
8.7.2.1 Historical Trend (2018-2023)
           8.7.2.2 Forecast Trend (2024-2032)
   8.8   Global Basmati Rice Market by Distribution Channel
       8.8.1   Supermarkets and Hypermarkets
8.8.1.1 Historical Trend (2018-2023)
           8.8.1.2 Forecast Trend (2024-2032)
       8.8.2   Convenience Store
8.8.2.1 Historical Trend (2018-2023)
           8.8.2.2 Forecast Trend (2024-2032)
       8.8.3   Speciality Store
8.8.3.1 Historical Trend (2018-2023)
           8.8.3.2 Forecast Trend (2024-2032)
       8.8.4   Others
   8.9   Global Basmati Rice Market by Region
       8.9.1   North America
8.9.1.1 Historical Trend (2018-2023)
           8.9.1.2 Forecast Trend (2024-2032)
       8.9.2   Europe
8.9.2.1 Historical Trend (2018-2023)
           8.9.2.2 Forecast Trend (2024-2032)
       8.9.3   Asia Pacific
8.9.3.1 Historical Trend (2018-2023)
           8.9.3.2 Forecast Trend (2024-2032)
       8.9.4   Latin America
8.9.4.1 Historical Trend (2018-2023)
           8.9.4.2 Forecast Trend (2024-2032)
       8.9.5   Middle East and Africa
8.9.5.1 Historical Trend (2018-2023)
           8.9.5.2 Forecast Trend (2024-2032)
9   North America Basmati Rice Market Analysis
   9.1   Market by Type
   9.2   Market by Nature
   9.3   Market by End User
   9.4   Market by Distribution Channel
   9.5   Market by Country
       9.5.1   United States of America
9.5.1.1 Historical Trend (2018-2023)
           9.5.1.2 Forecast Trend (2024-2032)
       9.5.2   Canada
9.5.2.1 Historical Trend (2018-2023)
           9.5.2.2 Forecast Trend (2024-2032)
10   Europe Basmati Rice Market Analysis
   10.1   Market by Type
   10.2   Market by Nature
   10.3   Market by End User
   10.4   Market by Distribution Channel
   10.5   Market by Country
       10.5.1   United Kingdom
10.5.1.1 Historical Trend (2018-2023)
           10.5.1.2 Forecast Trend (2024-2032)
       10.5.2   Germany
10.5.2.1 Historical Trend (2018-2023)
           10.5.2.2 Forecast Trend (2024-2032)
       10.5.3   France
10.5.3.1 Historical Trend (2018-2023)
           10.5.3.2 Forecast Trend (2024-2032)
       10.5.4   Italy
10.5.4.1 Historical Trend (2018-2023)
           10.5.4.2 Forecast Trend (2024-2032)
       10.5.5   Others
11   Asia Pacific Basmati Rice Market Analysis
   11.1   Market by Type
   11.2   Market by Nature
   11.3   Market by End User
   11.4   Market by Distribution Channel
   11.5   Market by Country
       11.5.1   China
11.5.1.1 Historical Trend (2018-2023)
           11.5.1.2 Forecast Trend (2024-2032)
       11.5.2   Japan
11.5.2.1 Historical Trend (2018-2023)
           11.5.2.2 Forecast Trend (2024-2032)
       11.5.3   India
11.5.3.1 Historical Trend (2018-2023)
           11.5.3.2 Forecast Trend (2024-2032)
       11.5.4   ASEAN
11.5.4.1 Historical Trend (2018-2023)
           11.5.4.2 Forecast Trend (2024-2032)
       11.5.5   Australia
11.5.5.1 Historical Trend (2018-2023)
           11.5.5.2 Forecast Trend (2024-2032)
       11.5.6   Others
12   Latin America Basmati Rice Market Analysis
   12.1   Market by Type
   12.2   Market by Nature
   12.3   Market by End User
   12.4   Market by Distribution Channel
   12.5   Market by Country
       12.5.1   Brazil
12.5.1.1 Historical Trend (2018-2023)
           12.5.1.2 Forecast Trend (2024-2032)
       12.5.2   Argentina
12.5.2.1 Historical Trend (2018-2023)
           12.5.2.2 Forecast Trend (2024-2032)
       12.5.3   Mexico
12.5.3.1 Historical Trend (2018-2023)
           12.5.3.2 Forecast Trend (2024-2032)
       12.5.4   Others
13   Middle East and Africa Basmati Rice Market Analysis
   13.1   Market by Type
   13.2   Market by Nature
   13.3   Market by End User
   13.4   Market by Distribution Channel
   13.5   Market by Country
       13.5.1   Saudi Arabia
13.5.1.1 Historical Trend (2018-2023)
           13.5.1.2 Forecast Trend (2024-2032)
       13.5.2   United Arab Emirates
13.5.2.1 Historical Trend (2018-2023)
           13.5.2.2 Forecast Trend (2024-2032)
       13.5.3   Nigeria
13.5.3.1 Historical Trend (2018-2023)
           13.5.3.2 Forecast Trend (2024-2032)
       13.5.4   South Africa
13.5.4.1 Historical Trend (2018-2023)
           13.5.4.2 Forecast Trend (2024-2032)
       13.5.5   Others
14   Market Dynamics
   14.1   SWOT Analysis
       14.1.1   Strengths
       14.1.2   Weaknesses
       14.1.3   Opportunities
       14.1.4   Threats
   14.2   Porter’s Five Forces Analysis
       14.2.1   Supplier’s Power
       14.2.2   Buyer’s Power
       14.2.3   Threat of New Entrants
       14.2.4   Degree of Rivalry
       14.2.5   Threat of Substitutes
   14.3   Key Indicators for Demand
   14.4   Key Indicators for Price
15   Value Chain Analysis
16   Cultivation and Harvesting of Basmati Rice
   16.1   Land Requirements
   16.2   Construction Requirements
   16.3   Machinery Requirements
   16.4   Labour Requirements
   16.5   Climate Requirements
   16.6   Soil Requirements and Treatment
   16.7   Yield per Hectare
   16.8   Period of Maturation
   16.9   Seed Selection and Treatment
   16.10   Land Preparation and Planting
   16.11   Irrigation Requirements
   16.12   Crop Protection
   16.13   Storage and Packaging
   16.14   Transportation
   16.15   Total Costs Involved
17   Processing of Basmati Rice
   17.1   Detailed Process Flow
   17.2   Various Unit Operations Involved
   17.3   Machinery Requirements
   17.4   Transportation
   17.5   Total Costs Involved
       17.5.1   Fixed Cost
       17.5.2   Variable Cost
18   Loans and Financial Assistance
19   Project Economics
   19.1   Capital Cost of the Project
   19.2   Techno-Economic Parameters
   19.3   Product Pricing and Margins
   19.4   Taxation and Depreciation
   19.5   Income Projections
   19.6   Expenditure Projections
   19.7   Financial Analysis
   19.8   Profit Analysis
20   Competitive Landscape
   20.1   Market Structure
   20.2   Company Profiles
       20.2.1   KRBL Limited
           20.2.1.1   Company Overview
           20.2.1.2   Product Portfolio
           20.2.1.3   Demographic Reach and Achievements
           20.2.1.4   Certifications
       20.2.2   Kohinoor Foods Limited
           20.2.2.1   Company Overview
           20.2.2.2   Product Portfolio
           20.2.2.3   Demographic Reach and Achievements
           20.2.2.4   Certifications
       20.2.3   Adani Wilmar Limited
           20.2.3.1   Company Overview
           20.2.3.2   Product Portfolio
           20.2.3.3   Demographic Reach and Achievements
           20.2.3.4   Certifications
       20.2.4   Dunar Foods Ltd.
           20.2.4.1   Company Overview
           20.2.4.2   Product Portfolio
           20.2.4.3   Demographic Reach and Achievements
           20.2.4.4   Certifications
       20.2.5   Ebro Foods, S.A.
           20.2.5.1   Company Overview
           20.2.5.2   Product Portfolio
           20.2.5.3   Demographic Reach and Achievements
           20.2.5.4   Certifications
       20.2.6   Lundberg Family Farms
           20.2.6.1   Company Overview
           20.2.6.2   Product Portfolio
           20.2.6.3   Demographic Reach and Achievements
           20.2.6.4   Certifications
       20.2.7   New Bharat Group
           20.2.7.1   Company Overview
           20.2.7.2   Product Portfolio
           20.2.7.3   Demographic Reach and Achievements
           20.2.7.4   Certifications
       20.2.8   Supple Tek Pvt Ltd
           20.2.8.1   Company Overview
           20.2.8.2   Product Portfolio
           20.2.8.3   Demographic Reach and Achievements
           20.2.8.4   Certifications
       20.2.9   LT Foods Limited
           20.2.9.1   Company Overview
           20.2.9.2   Product Portfolio
           20.2.9.3   Demographic Reach and Achievements
           20.2.9.4   Certifications
       20.2.10   HAS Rice Pakistan
           20.2.10.1   Company Overview
           20.2.10.2   Product Portfolio
           20.2.10.3   Demographic Reach and Achievements
           20.2.10.4   Certifications
       20.2.11   Latif Rice Mills Pvt. Ltd.
           20.2.11.1   Company Overview
           20.2.11.2   Product Portfolio
           20.2.11.3   Demographic Reach and Achievements
           20.2.11.4   Certifications
       20.2.12   A.I.Z Import & Export
           20.2.12.1   Company Overview
           20.2.12.2   Product Portfolio
           20.2.12.3   Demographic Reach and Achievements
           20.2.12.4   Certifications
       20.2.13   Others
21   Key Trends and Developments in the Market

List of Key Figures and Tables

1.   Global Basmati Rice Market: Key Industry Highlights, 2018 and 2032
2.   Global Basmati Rice Historical Market: Breakup by Type (USD Million), 2018-2023
3.   Global Basmati Rice Market Forecast: Breakup by Type (USD Million), 2024-2032
4.   Global Basmati Rice Historical Market: Breakup by Nature (USD Million), 2018-2023
5.   Global Basmati Rice Market Forecast: Breakup by Nature (USD Million), 2024-2032
6.   Global Basmati Rice Historical Market: Breakup by Country of Origin (USD Million), 2018-2023
7.   Global Basmati Rice Market Forecast: Breakup by Country of Origin (USD Million), 2024-2032
8.   Global Basmati Rice Historical Market: Breakup by End User (USD Million), 2018-2023
9.   Global Basmati Rice Market Forecast: Breakup by End User (USD Million), 2024-2032
10.   Global Basmati Rice Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
11.   Global Basmati Rice Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
12.   Global Basmati Rice Historical Market: Breakup by Region (USD Million), 2018-2023
13.   Global Basmati Rice Market Forecast: Breakup by Region (USD Million), 2024-2032
14.   North America Basmati Rice Historical Market: Breakup by Country (USD Million), 2018-2023
15.   North America Basmati Rice Market Forecast: Breakup by Country (USD Million), 2024-2032
16.   Europe Basmati Rice Historical Market: Breakup by Country (USD Million), 2018-2023
17.   Europe Basmati Rice Market Forecast: Breakup by Country (USD Million), 2024-2032
18.   Asia Pacific Basmati Rice Historical Market: Breakup by Country (USD Million), 2018-2023
19.   Asia Pacific Basmati Rice Market Forecast: Breakup by Country (USD Million), 2024-2032
20.   Latin America Basmati Rice Historical Market: Breakup by Country (USD Million), 2018-2023
21.   Latin America Basmati Rice Market Forecast: Breakup by Country (USD Million), 2024-2032
22.   Middle East and Africa Basmati Rice Historical Market: Breakup by Country (USD Million), 2018-2023
23.   Middle East and Africa Basmati Rice Market Forecast: Breakup by Country (USD Million), 2024-2032
24.   Global Basmati Rice Market Structure

Key Questions Answered in the Report

What is the current size of the global basmati rice market?

The global market for basmati rice stood at a value of around USD 6.22 billion in 2023.

Why is the demand for basmati rice growing?

The major market drivers are rising disposable incomes, increased consumption of premium products, and increasing population.

What trends are shaping the basmati rice market?

The increasing health consciousness among consumers and rising export demand for rice are the key trends driving the market growth.

What are the major regions of basmati rice according to the market report?

Asia Pacific, North America, Latin America, Europe, the Middle East and Africa are the major regional markets.

What are the major types of rice in the basmati rice market?

The major types of rice are raw and parboiled.

What are the segments based on pack size in the basmati rice market?

Retail packaging and institutional packaging are the different pack sizes in the market.

Who are the major producers of basmati rice?

The major producing countries are India, and Pakistan, among others.

Who are the key players in the basmati rice industry?

The major players in the basmati rice market are KRBL Limited, Kohinoor Foods Limited, Adani Wilmar Limited, Dunar Foods Ltd., Ebro Foods, S.A., Lundberg Family Farms, New Bharat Group, Supple Tek Pvt Ltd, LT Foods Limited, HAS Rice Pakistan, Latif Rice Mills Pvt. Ltd., and A.I.Z Import & Export, among others.

At what CAGR is the basmati rice market projected to grow during the forecast period (2024-2032)?

The market for basmati rice is expected to grow at a CAGR of 2% between 2024 and 2032.

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