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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% in the forecast period of 2024-2032.
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The Asia Pacific alone accounts for around 90% share in global rice production, with China being the leading producer of rice. However, India leads the basmati rice production and is responsible for two-thirds of the global supply of basmati rice. The key areas of basmati rice production in India are Jammu and Kashmir, Himachal Pradesh, Punjab, Haryana, Uttarakhand, western Uttar Pradesh, and Delhi. During 2019-2020, India exported USD 4,330.7 million worth of basmati rice to various parts of the world. Saudi Arabia, Iran, the UAE, and Kuwait are some of the key countries where India exports its basmati rice.
Basmati rice is one of the most popular rice types grown particularly in India and Pakistan. It is a long-grain rice that is characterised by its special aroma and flavour. Basmati rice comes in two different varieties, white and brown basmati rice. Though, white basmati rice is commonly used, brown rice has more fibre content with intense flavour and texture. Compared to white rice, brown rice is healthier as it has an outer bran layer.
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The major types of basmati rice are:
On the basis of end use, the market has been categorised into:
The EMR report looks into the regional markets of basmati rice like China, India, Australia, Pakistan, and others.
The growing demand from consumers and the increasing per-capita income in economies like India and China are likely to drive the market in the coming years. Also, the constantly growing population in the region is expected to act as one of the major contributors to the market growth during the forecast period. Furthermore, the several health benefits associated with the consumption of basmati rice, such as diabetes management and improvement in digestion, are also expected to provide promising growth opportunities to the market. Basmati rice is rich in several important nutrients required by the body, such as vitamin B1, vitamin B6, copper, iron, magnesium, and zinc.
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The report presents a detailed analysis of the following key players in the Asia Pacific basmati rice market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type of Rice |
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Breakup by End Use |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*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.*
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The market is projected to grow at a CAGR of 6% between 2024 and 2032.
The major drivers of the market include the increasing per-capita income, constantly growing population, and health benefits associated with the consumption of basmati rice.
The growing India basmati rice market and the growing demand from consumers are the key industry trends propelling the market's growth.
The major regions in the industry are China, India, Australia, Pakistan, and others.
The major types of basmati rice are parboiled and raw.
On the basis of end use, the market has been categorised into retail and institutional.
The major players in the industry are KRBL Limited, Supple Tek industries Pvt ltd., Kohinoor Foods Ltd, Adani Group, Matco Foods Limited, and Ideal Basmati Rice, among others.
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