Thailand Rice Market Size Growth Rate
The Thailand Rice Market is poised for steady growth rate improvements from 2025 to 2029. From 7.70% in 2025, the growth rate steadily ascends to 54.66% in 2029.

Rice Market: Thailand vs Top 5 Major Economies in 2027 (Asia)
In the Asia region, the Rice market in Thailand is projected to expand at a exponential growth rate of 35.01% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.

Thailand Rice Market Synopsis
The Thailand rice market holds a significant place in the country`s agricultural landscape. Rice is a staple food in Thailand, and the market is characterized by a wide variety of rice types, including jasmine rice, sticky rice, and long-grain rice. The Thai rice industry faces both domestic and international demand, making it an integral part of the country`s economy. Exports play a vital role, with Thai rice being renowned for its quality worldwide.
Drivers of the Market
Thailand rice market is primarily driven by its status as a major rice exporter. The country`s reputation for high-quality rice varieties like Jasmine and Basmati rice has bolstered its export potential. Government policies and subsidies play a crucial role in supporting rice farmers, contributing to increased production. Additionally, the diversification of rice-based products and value-added processing has expanded market opportunities, both domestically and internationally.
Challenges of the Market
Challenges in the Thailand rice market include increasing competition in global rice trade and fluctuations in rice prices. Climate change-related issues, such as droughts and floods, can affect rice production. Balancing the need for sustainable rice production while addressing the impacts of climate change is a long-term challenge for the industry.
COVID-19 Impact on the Market
The Thailand rice market saw fluctuations in demand during the COVID-19 pandemic. Initially, there was panic buying, leading to increased rice purchases. Export restrictions and logistical challenges impacted the supply chain, but Thailand managed to maintain its position as a leading rice exporter. As the pandemic continued, changes in consumer behavior, including increased home cooking, supported rice consumption. The rice market adapted to evolving consumer preferences and supply chain disruptions.
Key Players in the Market
In the dynamic Thai rice market, prominent players include companies like Thai Union Rice Co., Ltd., CP Intertrade Co., Ltd., and Asia Golden Rice Co., Ltd. These companies are involved in various aspects of the rice supply chain, from cultivation and processing to distribution. With a strong presence domestically and internationally, they contribute significantly to Thailand status as a major rice exporter.
Key Highlights of the Report:
- Thailand Rice Market Outlook
- Market Size of Thailand Rice Market, 2024
- Forecast of Thailand Rice Market, 2031
- Historical Data and Forecast of Thailand Rice Revenues & Volume for the Period 2021-2031
- Thailand Rice Market Trend Evolution
- Thailand Rice Market Drivers and Challenges
- Thailand Rice Price Trends
- Thailand Rice Porter's Five Forces
- Thailand Rice Industry Life Cycle
- Historical Data and Forecast of Thailand Rice Market Revenues & Volume By Rice Length for the Period 2021-2031
- Historical Data and Forecast of Thailand Rice Market Revenues & Volume By Long Grain for the Period 2021-2031
- Historical Data and Forecast of Thailand Rice Market Revenues & Volume By Medium Grain for the Period 2021-2031
- Historical Data and Forecast of Thailand Rice Market Revenues & Volume By Short Grain for the Period 2021-2031
- Historical Data and Forecast of Thailand Rice Market Revenues & Volume By Type for the Period 2021-2031
- Historical Data and Forecast of Thailand Rice Market Revenues & Volume By Red Rice for the Period 2021-2031
- Historical Data and Forecast of Thailand Rice Market Revenues & Volume By Arborio Rice for the Period 2021-2031
- Historical Data and Forecast of Thailand Rice Market Revenues & Volume By Black Rice for the Period 2021-2031
- Historical Data and Forecast of Thailand Rice Market Revenues & Volume By Grain Fragrance Rice for the Period 2021-2031
- Historical Data and Forecast of Thailand Rice Market Revenues & Volume By Brown Rice for the Period 2021-2031
- Historical Data and Forecast of Thailand Rice Market Revenues & Volume By Rosematta Rice for the Period 2021-2031
- Historical Data and Forecast of Thailand Rice Market Revenues & Volume By Grain Parboiled Rice for the Period 2021-2031
- Historical Data and Forecast of Thailand Rice Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of Thailand Rice Market Revenues & Volume By Product Type for the Period 2021-2031
- Historical Data and Forecast of Thailand Rice Market Revenues & Volume By Regular for the Period 2021-2031
- Historical Data and Forecast of Thailand Rice Market Revenues & Volume By Aromatic for the Period 2021-2031
- Historical Data and Forecast of Thailand Rice Market Revenues & Volume By Application for the Period 2021-2031
- Historical Data and Forecast of Thailand Rice Market Revenues & Volume By Food for the Period 2021-2031
- Historical Data and Forecast of Thailand Rice Market Revenues & Volume By Industry for the Period 2021-2031
- Historical Data and Forecast of Thailand Rice Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of Thailand Rice Market Revenues & Volume By Distribution Channel for the Period 2021-2031
- Historical Data and Forecast of Thailand Rice Market Revenues & Volume By Roadside Stores for the Period 2021-2031
- Historical Data and Forecast of Thailand Rice Market Revenues & Volume By Municipal Corporation Markets for the Period 2021-2031
- Historical Data and Forecast of Thailand Rice Market Revenues & Volume By Convenience Stores for the Period 2021-2031
- Historical Data and Forecast of Thailand Rice Market Revenues & Volume By Specialty Store for the Period 2021-2031
- Historical Data and Forecast of Thailand Rice Market Revenues & Volume By Department Store for the Period 2021-2031
- Historical Data and Forecast of Thailand Rice Market Revenues & Volume By Supermarket for the Period 2021-2031
- Historical Data and Forecast of Thailand Rice Market Revenues & Volume By Hypermarket for the Period 2021-2031
- Historical Data and Forecast of Thailand Rice Market Revenues & Volume By E-commerce for the Period 2021-2031
- Thailand Rice Import Export Trade Statistics
- Market Opportunity Assessment By Rice Length
- Market Opportunity Assessment By Type
- Market Opportunity Assessment By Product Type
- Market Opportunity Assessment By Application
- Market Opportunity Assessment By Distribution Channel
- Thailand Rice Top Companies Market Share
- Thailand Rice Competitive Benchmarking By Technical and Operational Parameters
- Thailand Rice Company Profiles
- Thailand Rice Key Strategic Recommendations