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The GCC basmati rice market reached a volume of about 2 million metric tons in 2023. The market is further expected to rise at a positive rate in the forecast period of 2024-2032.
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Rice is an essential part of the Middle East cuisine and is a staple food, along with wheat, specifically in the GCC nations. Among the various varieties, basmati rice is known to be the most common variant produced mainly in the foothills of the Himalayas. Basmati rice is commonly used in a variety of delicious dishes containing layers of rice, meat, sauces as well as dried fruits. It has made the GCC countries the main importers of basmati rice from Asian countries, including India and Pakistan. Saudi Arabia is the leading regional market in the GCC region, accounting for a significant share of the total consumption. It can be due to the Kingdom's large consumer base relative to the rest of the region.
The absence of rice production in the GCC nations and the increased demand for higher quality of the product amongst consumers in the region, contribute significantly to the potential for growth in the GCC basmati rice market. The high density of expatriates from Asia in the region is another significant explanation for the increase in demand for the product. Increasing urbanisation rates, demographic change, as well as inflating income levels are anticipated to further fuel the product consumption in the GCC region.
Basmati rice is a thick, slender, aromatic rice, usually from the Indian subcontinent. It is a rare type of long grain rice from the Indian subcontinent, which has a floral aroma as well as a nutty flavour. It is available in two colours: white and brown. It has a low level of fat, is gluten-free, and has a low to moderate glycaemic index. It is also rich in vitamins, minerals, copper, calcium, potassium, magnesium, zinc, proteins, amino acids, and folic acid, and contains less sodium and no cholesterol. Because of its distinct taste and presence, it is used as the main ingredient for preparing a wide range of rice-based dishes around the globe, particularly in the GCC region.
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On the basis of the type of rice, the market has been categorised as follows:
Based on the pack size, the market has been segmented as follows:
Based on the country of origin, the market has been divided into the following:
The regional markets for the product in the GCC region include Saudi Arabia, the United Arab Emirates, Kuwait, Oman, Qatar, and Bahrain.
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The GCC basmati rice market is mainly driven by the rise in the product demand. Unsuitable weather conditions have contributed to a shortage of rice production that has contributed to a rise in imports of basmati rice from South Asian countries. Due to a lack of physical activity, the growing prevalence of obesity, as well as other lifestyle disorders, in the region has led to a rise in health consciousness amongst the masses. As a result, basmati rice is increasingly being included in their daily diet due to the low-fat content and high nutritional value of the product. In addition, the increasing population of Asian expatriates has also increased the demand for high-quality rice, further boosting the market growth.
The report gives a detailed analysis of the key players in the GCC basmati rice market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds. The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
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 Pack Size |
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Breakup by Country of Origin |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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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 GCC basmati rice market reached a volume of 2 million metric tons in 2023.
The major drivers of the market include rising disposable incomes, increasing population, growing Asian ex-pat population, and the rising demand for rice.
The rising health-consciousness, the growing prevalence of obesity, and the increasing import activities are the key trends guiding the market.
Saudi Arabia, United Arab Emirates, Kuwait, Oman, and Qatar, and Bahrain are the major countries in the market.
The significant types of rice in the market are parboiled and raw.
The various pack sizes of basmati rice considered in the market report include retail packaging and institutional packaging.
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