Mexico Rice Market Report and Forecast 2024-2032

Mexico Rice Market Size

The Mexico rice market reached approximately 1033 thousand tons in 2023. The market is projected to grow at a CAGR of 1.80% between 2024 and 2032, reaching a volume of around 1220.08 thousand tons by 2032.

Mexico Rice Market Outlook

• As per the industry reports, the milled rice production for Mexico in 2023-24 was projected to be 165,000 MT.

• The United States is the major importer of rice to Mexico.

• In 2022, the Mexican government published a decree under which import duties on essential goods such as rice are removed, leading to lower retail prices and increased sales of rice.

Mexico Rice Market Growth

The growing demand for rice due to its being a staple food in Mexican cuisine, increased dependency of market on the imports, and rising demand for pre-cooked rice due to busy lifestyle are some of the influential market drivers.

Consumers are becoming more conscious of the ecological and health impact associated with agricultural practices. This growing consciousness leads to a preference for products cultivated in a way that is considered both healthier and more sustainable. In the case of rice, this refers to a transition towards organic and non-GMO varieties, which are cultivated without the use of synthetic pesticides and fertilisers.

The rising demand for international cuisine has led to a growing number of consumers exploring recipes at home that necessitate various types of rice. For example, Japanese sushi demands short-grain sushi rice, Indian biryanis are traditionally prepared with long-grain basmati rice, and Middle Eastern dishes commonly feature aromatic rice such as jasmine.

Mexico Rice Industry Segmentation

“Mexico Rice Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:

Market Breakup by Rice Type

• Long-Grain Rice

• Medium-Grain Rice

• Short-Grain Rice

Market Breakup by Processing Type

• White Rice

• Brown Rice

• Parboiled Rice

Market Breakup by End Use

• Food and Beverages

• Retail

• Industrial

Market Breakup by Region

• Central Mexico

• Northern Mexico

• Pacific Coast

• The Bajío

• Yucatan Peninsula

• Baja California

Mexico Rice Market Share

Based on processing type, the market is divided into white rice, brown rice, and parboiled rice, among others. White rice occupies a major market share as it is a staple dish in Mexican cuisine. Its mild taste complements a wide range of Mexican dishes, both main courses and side dishes and its ability to absorb flavours further makes it a preferred option in many traditional recipes.

Key Highlights of the Report