Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Asia Pacific Basmati Rice Market Outlook

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.

Asia Pacific Basmati Rice Market

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Being the Highest Producer of Basmati Rice Globally, India Leads the Asia Pacific Basmati Rice Industry

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: Market Segmentation

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.

Asia Pacific Basmati Rice Market By Segments

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The major types of basmati rice are:

  • Parboiled
  • Raw

On the basis of end use, the market has been categorised into:

  • Retail
  • Institutional

The EMR report looks into the regional markets of basmati rice like China, India, Australia, Pakistan, and others.

Increasing Per-Capital Income in Countries like India and China to Drive the Asia Pacific Basmati Rice Industry

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.

Asia Pacific Basmati Rice Market By Region

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Key Industry Players in the Asia Pacific Basmati Rice Market

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:

  • KRBL Limited 
  • Supple Tek industries Pvt ltd. 
  • Kohinoor Foods Ltd 
  • Adani Group
  • Matco Foods Limited
  • Ideal Basmati Rice
  • Others

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.

Key Highlights of the Report

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:

  • Type of Rice
  • End Use
  • Region
Breakup by Type of Rice
  • Parboiled
  • Raw
Breakup by End Use
  • Retail
  • Institutional
Breakup by Region
  • China
  • India
  • Australia
  • Pakistan
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • KRBL Limited 
  • Supple Tek industries Pvt ltd. 
  • Kohinoor Foods Ltd.
  • Adani Group
  • Matco Foods Limited 
  • Ideal Basmati Rice
  • Others
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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Key Questions Answered in the Report

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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