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Asia Pacific Basmati Rice Market Share, Outlook, Forecast: By Type of Rice: Parboiled, Raw; By End Use: Retail, Institutional; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Competitive Landscape; Key Trends and Developments in the Market; 2024-2032
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.
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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.
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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.
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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:
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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. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
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 Snapshot
6.1 Asia Pacific
7 Opportunities and Challenges in the Market
8 Asia Pacific Basmati Rice Market Analysis
8.1 Key Industry Highlights
8.2 Asia Pacific Basmati Rice Historical Market (2018-2023)
8.3 Asia Pacific Basmati Rice Market Forecast (2024-2032)
8.4 Asia Pacific Basmati Rice Market by Type of Rice
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 Asia Pacific Basmati Rice Market by End Use
8.5.1 Retail
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Institutional
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 Asia Pacific Basmati Rice Market by Country
8.6.1 China
8.6.2 India
8.6.3 Australia
8.6.4 Pakistan
8.6.5 Others
9 Regional Analysis
9.1 China
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 India
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 Australia
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.4 Pakistan
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyers Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Cultivation and Harvesting of Basmati Rice
12.1 Land Requirements
12.2 Construction Requirements
12.3 Machinery Requirements
12.4 Climate Requirements
12.5 Soil Requirements and Treatment
12.6 Yield per Hectare
12.7 Period of Maturation
12.8 Seed Selection and Treatment
12.9 Land Preparation and Planting
12.10 Irrigation Requirements
12.11 Crop Protection
12.12 Storage and Packaging
12.13 Transportation
12.14 Total Costs Involved
12.14.1 Fixed Costs
12.14.2 Variable Costs
13 Processing of Basmati Rice
13.1 Detailed Process Flow
13.2 Various Unit Operations Involved
13.3 Land Requirements
13.4 Construction Requirements
13.5 Machinery Requirements
13.6 Raw Material Requirements
13.7 Packaging Requirements
13.8 Transportation
13.9 Utility Requirements
13.10 Total Costs Involved
13.10.1 Fixed Costs
13.10.2 Variable Costs
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 KRBL Limited
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Supple Tek industries Pvt ltd.
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Kohinoor Foods Ltd.
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Adani Group
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Matco Foods Limited
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Ideal Basmati Rice
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Asia Pacific Basmati Rice Market: Key Industry Highlights, 2018 and 2032
2. Asia Pacific Basmati Rice Historical Market: Breakup by Type of Rice (Million Tons), 2018-2023
3. Asia Pacific Basmati Rice Market Forecast: Breakup by Type of Rice (Million Tons), 2024-2032
4. Asia Pacific Basmati Rice Historical Market: Breakup by End Use (Million Tons), 2018-2023
5. Asia Pacific Basmati Rice Market Forecast: Breakup by End Use (Million Tons), 2024-2032
6. Asia Pacific Basmati Rice Historical Market: Breakup by Country (Million Tons), 2018-2023
7. Asia Pacific Basmati Rice Market Forecast: Breakup by Country (Million Tons), 2024-2032
8. Asia Pacific Basmati Rice Market Structure
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.
Analyst Review
The Asia Pacific basmati rice market is driven by the growing India basmati rice market. Aided by increasing per-capita income and growing demand from consumers, the market is expected to witness further growth in the forecast period of 2024-2032, growing at a CAGR of 6%.
EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. 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 regional markets for basmati rice market are China, India, Australia, Pakistan, and others. 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.
EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.
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