L.T. Food, KRBL Limited, Lundberg Family Farms, Kohinoor Food Ltd., and Riviana Foods Inc., among others, are the major players in the United States basmati rice market.
The United States basmati rice market is being supported by the growing global production of basmati rice, which reached a volume of 10 MMT in 2020. In the forecast period of 2022-2027, the global production of basmati rice is expected to grow at a CAGR of 5.7%.
Various companies export to the United States as the United States doesn't have its own production of rice, whereas India is a leading producer. The increasing demand for basmati rice by consumers due to its delicious taste combined with nutritional benefits is helping the growth of this market immensely. Basmati is a variety of rice that is gluten-free, low in fat and cholesterol, and rich in proteins and fibres. The premium quality, superior taste, and delicate fragrance of basmati rice are augmenting the growth of the market. In addition, the high disposable incomes of people in the United States and the growing food and beverage industry are improving the market growth.
Most of the distribution in this industry takes place through offline mode. This is due to the strong supply chain, in-store promotions, and state-of-the-art infrastructure available in the United States. The e-commerce industry is expected to augment the market growth significantly due to its vast customer reach.
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LT Foods deals with the production and sale of rice under the brand name DAAWAT. The company has markets for their products in over 50 countries globally. Their products include basmati rice, brown rice, white rice, steamed rice, parboiled rice and organic rice. The company's brand portfolio includes DAAWAT Traditional Basmati Rice DAAWAT Biryani Basmati Rice DAAWAT Pulav Basmati Rice DAAWAT Super Basmati Rice and DAAWAT Rozana.
KRBL Limited is one of the world’s most famous Basmati brand and also one of the largest Basmati rice processing brands in India. The company, established over 100 years ago, is the first integrated rice company with a comprehensive product chain. The company’s India Gate brand is the largest selling rice brand in India and also the largest exported basmati rice brand worldwide.
|Headquarters:||California, United States of America|
Lundberg Family firms is known for its production of rice, chips, and various foods through organic farming. It was one of the first companies to produce a brand of organic rice in the United States. The company has grown to become one of the top rice companies in the Unites States. The high-quality selection includes organic and non-GMO grains, ready-to-heat offerings and wholesome snacks.
Kohinoor provides a variety of products such as basmati rice, seasoning, cooking pastes, sauces, and frozen food. The premium quality and variety of the company’s products has made it a household name in various countries apart from India, like the Unite States of America, the United Kingdom, Australia, Singapore, Japan, Dubai and many more.
|Headquarters:||Texas, United States of America|
The company deals with the processing, marketing, and distribution of branded and private label rice products. Riviana Foods has helped the rice and pasta industries with various innovations and has played a major role in bringing quality products to the markets. The company has an immense global reach, and this helps the company assess the global rice and pasta industries and contributes to its success. It has commercial and/or industrial presence in more than 25 countries in Europe, North America, Asia and Africa, through its extensive network of subsidiaries and brands.
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