Product Code: ETC13201942 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Basmati Rice Market was valued at USD 14.3 Billion in 2024 and is expected to reach USD 18.7 Billion by 2031, growing at a compound annual growth rate of 3.00% during the forecast period (2025-2031).
The global Basmati rice market is expected to witness steady growth in the coming years due to increasing consumer preference for healthier food options and the rising demand for ethnic cuisines worldwide. Key market drivers include the growing awareness of the nutritional benefits of Basmati rice, its distinctive aroma, and long grain size. The market is also influenced by factors such as changing dietary preferences, higher disposable incomes, and the expansion of retail channels. Key players in the global Basmati rice market include KRBL Limited, Amira Nature Foods Ltd., McCormick & Company, and LT Foods Ltd. Geographically, Asia-Pacific is the largest market for Basmati rice, with India being the leading producer and exporter. The market is also witnessing growth in regions like North America and Europe due to increasing multicultural populations.
The Global Basmati Rice Market is witnessing several key trends and opportunities. Consumer preference for healthier and more premium rice varieties, coupled with the increasing demand for ethnic and exotic foods, is driving the market growth. The rising popularity of Basmati rice in international markets due to its unique aroma, long grains, and flavorful taste is also contributing to the market expansion. Additionally, the growing awareness about the nutritional benefits of Basmati rice, such as being gluten-free and low in cholesterol, presents opportunities for market players to target health-conscious consumers. The increasing adoption of online retail channels for purchasing Basmati rice further enhances market accessibility and reach. Overall, the Global Basmati Rice Market is poised for growth driven by shifting consumer preferences and expanding market reach.
In the Global Basmati Rice Market, some of the key challenges faced include pricing fluctuations due to factors such as weather conditions, government policies, and currency exchange rates. Another challenge is the increasing competition from other varieties of rice, as well as counterfeit products that may deceive consumers. Additionally, issues related to quality control, storage, and transportation can impact the overall market dynamics. Furthermore, changing consumer preferences and dietary habits, along with the impact of global trade agreements and regulations, present additional challenges for players in the Basmati Rice Market. Overall, navigating these challenges requires market participants to stay agile, innovate in terms of product offerings and marketing strategies, and maintain strong relationships with suppliers and distributors to ensure sustained growth and profitability.
The Global Basmati Rice Market is driven by several key factors. Firstly, the increasing demand for high-quality and aromatic rice varieties, particularly in regions like Asia, the Middle East, and North America, is fueling market growth. Additionally, the rising disposable incomes of consumers, coupled with a growing awareness of the health benefits associated with Basmati rice, are driving its popularity. The expanding culinary diversity and the growing trend of international cuisines are also contributing to the market growth. Furthermore, the emphasis on sustainable farming practices and the introduction of innovative packaging solutions are further propelling the market forward. Overall, these factors are expected to continue driving the growth of the Global Basmati Rice Market in the coming years.
Government policies related to the Global Basmati Rice Market vary by country. In India, the largest producer and exporter of Basmati rice, the government implements policies such as minimum support prices, export quotas, and quality standards to stabilize prices and ensure fair trade practices. Pakistan, another major Basmati rice exporter, also has policies in place to support rice farmers, including subsidies and export incentives. Additionally, countries like Iran and the UAE have import regulations and quality standards for Basmati rice to protect consumers and promote food safety. Overall, government policies in key Basmati rice-producing and consuming countries play a significant role in shaping the dynamics of the Global Basmati Rice Market, influencing production levels, trade volumes, and pricing trends.
The Global Basmati Rice Market is expected to witness steady growth in the coming years due to factors such as increasing consumer preference for healthier food options, rising demand for premium varieties of rice, and the growing popularity of traditional Indian cuisine worldwide. The market is likely to be driven by key trends such as the rise of online retail channels for purchasing specialty food products, the focus on sustainable and organic farming practices, and the expansion of basmati rice cultivation in regions outside of South Asia. However, challenges such as fluctuating weather conditions impacting crop yields, price volatility, and competition from other rice varieties may also influence the market dynamics. Overall, the future outlook for the Global Basmati Rice Market appears positive, with opportunities for growth and innovation in meeting evolving consumer preferences.
In the global Basmati rice market, Asia is the largest consumer and producer, with countries like India and Pakistan leading the production. North America and Europe are key importers of Basmati rice, with growing demand for specialty rice varieties among health-conscious consumers. The Middle East and Africa region also significantly contribute to the Basmati rice market, with countries like Saudi Arabia and UAE being major importers. In Latin America, there is a rising trend of incorporating Basmati rice into local cuisines, driven by increasing awareness of its unique flavor and aroma. Overall, the global Basmati rice market is witnessing steady growth across regions, with expanding distribution channels and promotional activities further fueling market expansion.
Global Basmati Rice Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Basmati Rice Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Basmati Rice Market Revenues & Volume, 2021 & 2031F |
3.3 Global Basmati Rice Market - Industry Life Cycle |
3.4 Global Basmati Rice Market - Porter's Five Forces |
3.5 Global Basmati Rice Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Basmati Rice Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Global Basmati Rice Market Revenues & Volume Share, By Species, 2021 & 2031F |
3.8 Global Basmati Rice Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Global Basmati Rice Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Global Basmati Rice Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Basmati Rice Market Trends |
6 Global Basmati Rice Market, 2021 - 2031 |
6.1 Global Basmati Rice Market, Revenues & Volume, By Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Basmati Rice Market, Revenues & Volume, By Raw, 2021 - 2031 |
6.1.3 Global Basmati Rice Market, Revenues & Volume, By Steamed, 2021 - 2031 |
6.1.4 Global Basmati Rice Market, Revenues & Volume, By Parboiled, 2021 - 2031 |
6.2 Global Basmati Rice Market, Revenues & Volume, By Species, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Basmati Rice Market, Revenues & Volume, By White, 2021 - 2031 |
6.2.3 Global Basmati Rice Market, Revenues & Volume, By Brown, 2021 - 2031 |
6.3 Global Basmati Rice Market, Revenues & Volume, By Application, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Basmati Rice Market, Revenues & Volume, By Food and Cosmetic, 2021 - 2031 |
6.3.3 Global Basmati Rice Market, Revenues & Volume, By Personal Care, 2021 - 2031 |
6.4 Global Basmati Rice Market, Revenues & Volume, By Sales Channel, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Basmati Rice Market, Revenues & Volume, By HORECA, 2021 - 2031 |
6.4.3 Global Basmati Rice Market, Revenues & Volume, By Modern Trade, 2021 - 2031 |
6.4.4 Global Basmati Rice Market, Revenues & Volume, By Convenience Store, 2021 - 2031 |
6.4.5 Global Basmati Rice Market, Revenues & Volume, By Online Store, 2021 - 2031 |
6.4.6 Global Basmati Rice Market, Revenues & Volume, By Traditional Grocery Stores, 2021 - 2031 |
7 North America Basmati Rice Market, Overview & Analysis |
7.1 North America Basmati Rice Market Revenues & Volume, 2021 - 2031 |
7.2 North America Basmati Rice Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Basmati Rice Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Basmati Rice Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Basmati Rice Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Basmati Rice Market, Revenues & Volume, By Type, 2021 - 2031 |
7.4 North America Basmati Rice Market, Revenues & Volume, By Species, 2021 - 2031 |
7.5 North America Basmati Rice Market, Revenues & Volume, By Application, 2021 - 2031 |
7.6 North America Basmati Rice Market, Revenues & Volume, By Sales Channel, 2021 - 2031 |
8 Latin America (LATAM) Basmati Rice Market, Overview & Analysis |
8.1 Latin America (LATAM) Basmati Rice Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Basmati Rice Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Basmati Rice Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Basmati Rice Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Basmati Rice Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Basmati Rice Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Basmati Rice Market, Revenues & Volume, By Type, 2021 - 2031 |
8.4 Latin America (LATAM) Basmati Rice Market, Revenues & Volume, By Species, 2021 - 2031 |
8.5 Latin America (LATAM) Basmati Rice Market, Revenues & Volume, By Application, 2021 - 2031 |
8.6 Latin America (LATAM) Basmati Rice Market, Revenues & Volume, By Sales Channel, 2021 - 2031 |
9 Asia Basmati Rice Market, Overview & Analysis |
9.1 Asia Basmati Rice Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Basmati Rice Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Basmati Rice Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Basmati Rice Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Basmati Rice Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Basmati Rice Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Basmati Rice Market, Revenues & Volume, By Type, 2021 - 2031 |
9.4 Asia Basmati Rice Market, Revenues & Volume, By Species, 2021 - 2031 |
9.5 Asia Basmati Rice Market, Revenues & Volume, By Application, 2021 - 2031 |
9.6 Asia Basmati Rice Market, Revenues & Volume, By Sales Channel, 2021 - 2031 |
10 Africa Basmati Rice Market, Overview & Analysis |
10.1 Africa Basmati Rice Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Basmati Rice Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Basmati Rice Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Basmati Rice Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Basmati Rice Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Basmati Rice Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Basmati Rice Market, Revenues & Volume, By Type, 2021 - 2031 |
10.4 Africa Basmati Rice Market, Revenues & Volume, By Species, 2021 - 2031 |
10.5 Africa Basmati Rice Market, Revenues & Volume, By Application, 2021 - 2031 |
10.6 Africa Basmati Rice Market, Revenues & Volume, By Sales Channel, 2021 - 2031 |
11 Europe Basmati Rice Market, Overview & Analysis |
11.1 Europe Basmati Rice Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Basmati Rice Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Basmati Rice Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Basmati Rice Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Basmati Rice Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Basmati Rice Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Basmati Rice Market, Revenues & Volume, By Type, 2021 - 2031 |
11.4 Europe Basmati Rice Market, Revenues & Volume, By Species, 2021 - 2031 |
11.5 Europe Basmati Rice Market, Revenues & Volume, By Application, 2021 - 2031 |
11.6 Europe Basmati Rice Market, Revenues & Volume, By Sales Channel, 2021 - 2031 |
12 Middle East Basmati Rice Market, Overview & Analysis |
12.1 Middle East Basmati Rice Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Basmati Rice Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Basmati Rice Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Basmati Rice Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Basmati Rice Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Basmati Rice Market, Revenues & Volume, By Type, 2021 - 2031 |
12.4 Middle East Basmati Rice Market, Revenues & Volume, By Species, 2021 - 2031 |
12.5 Middle East Basmati Rice Market, Revenues & Volume, By Application, 2021 - 2031 |
12.6 Middle East Basmati Rice Market, Revenues & Volume, By Sales Channel, 2021 - 2031 |
13 Global Basmati Rice Market Key Performance Indicators |
14 Global Basmati Rice Market - Export/Import By Countries Assessment |
15 Global Basmati Rice Market - Opportunity Assessment |
15.1 Global Basmati Rice Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Basmati Rice Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Global Basmati Rice Market Opportunity Assessment, By Species, 2021 & 2031F |
15.4 Global Basmati Rice Market Opportunity Assessment, By Application, 2021 & 2031F |
15.5 Global Basmati Rice Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
16 Global Basmati Rice Market - Competitive Landscape |
16.1 Global Basmati Rice Market Revenue Share, By Companies, 2024 |
16.2 Global Basmati Rice Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |