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Rice Market Size, Share, Analysis, Growth Size & Trends 2031
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Rice Market Size, Share, Analysis, Growth Size & Trends 2031

Segments - Global Rice Market by Rice Length (Long Grain, Medium Grain, and Short Grain), Types (Arborio Rice, Black Rice, Jasmine Rice, Brown Rice, Rosematta Rice, Red Cargo Rice, Parboiled Rice, Sushi Rice, and Others [Wild Rice, Valencia Rice, and Glutinous Rice]), Distribution Channels (Retail Stores, Specialty Stores, Department Stores, Supermarkets, and E-commerce), and Regions (Asia Pacific, North America, Europe, Latin America, and Middle East & Africa) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

https://growthmarketreports.com/Anuradha
Author : Anuradha B. More
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Fact-checked by : Vaibhav Chandola
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Editor : Shruti Bhat

Upcoming | Report ID :FB-2783 | 4.8 Rating | 55 Reviews | 198 Pages | Format : PDF Excel PPT

Report Description


The global rice market size was valued at USD 292.39 Billion in 2022 and is projected to reach USD 355.65 Billion by 2031, expanding at a CAGR of 2.2% during the forecast period, 2023 – 2031. Oryza sativa or Oryza glaberrima is the grass species used for rice seeds. Large number of countries around the world consume rice as a staple food. The demand for rice has increased due to improvement in production techniques.

In general, rice plants mature in three to six months, depending on the variety and environment under which it is grown. Water is commonly used to cook rice and consume it. Rice flakes, rice puffed wafers, rice wafers, and canned rice are some forms in which it is consumed on a daily basis. The starch and brewing industries also rely on rice. Cattle and poultry feed are made from rice husks and bran, which are two products of rice milling.

Rice Market Outlook

  • Increasing governments initiatives for major domestic rice production industries and growing population are major factors anticipated to propel growth of the global rice market.

  • Rice is considered as a strategic commodity and remains subject to a wide range of government controls and interventions. Thus, such stringent regulations can create challenges for the market growth.

  • Rising support from government and other associations in developing nations, advancement in agricultural technologies, and demand for high quality rice from gulf countries are major factors driving the market growth.

  • Rising demand for rice from emerging and developed nations across the world is estimated to create lucrative opportunities during the forecast period.

Scope of Rice Market Report

The report on global rice market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.

Attributes

Details

Report Title

Rice Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast

Base Year

2022

Historic Data

2016 & 2021

Forecast Period

2023–2031

Segmentation

Rice Length (Long Grain, Medium Grain, and Short Grain), Types (Arborio Rice, Black Rice, Jasmine Rice, Brown Rice, Rosematta Rice, Red Cargo Rice, Parboiled Rice, Sushi Rice, and Others [Wild Rice, Valencia Rice, and Glutinous Rice]), Distribution Channels (Retail Stores, Specialty Stores, Department Stores, Supermarkets, and E-commerce)

Regional Scope

Asia Pacific, North America, Europe, Latin America, and Middle East & Africa

Report Coverage

Market scope, analysis, share, competitive analysis, growth facts, restraints, opportunities, and revenue forecast

Key Players Covered in the Report

Thanasan Group, Gulf Rice Milling, Inc, Capital Rice Group, Lal Qilla, American Rice, Asia Golden Rice, KRBL Ltd, Kohinoor, Alobha, Daawat, ADM Rice, Ake Rice Mill Co., Ltd, Lakshmi Group, REI Agro Ltd, and Kohinoor Foods Ltd.

Rice Market Segment Insights

Long grain segment is projected to hold a significant market share

In the terms of rice length, the market can be segmented into long grain, medium grain, and short grain. The long grain segment is projected to hold a significant market share in the projected timeline. Growing population and increasing demand for premium class rice are major factors propelling the market growth.

Brown rice segment is anticipated to account a substantial share

Based on types, the global rice market can be divided into arborio rice, black rice, jasmine rice, brown rice, rosematta rice, red cargo rice, parboiled rice, sushi rice, and others. The others segment includes wild rice, valencia rice, glutinous rice, and others.

The brown rice segment is anticipated to grow at a healthy rate during the forecast period.  The shift of consumers toward healthy eating habits has encouraged manufacturers to focus on launching new product line and making renewed efforts to attract health-conscious people.

Rice Market Types

Supermarket segment is estimated to grow at a rapid pace in the near future

On the basis of distribution channels, the global rice market can be divided into retail stores, specialty stores, department stores, supermarkets, and e-commerce.

The supermarkets segment is expected expand at a high CAGR during the forecast period. Most individuals seek to buy food commodities in person, which is driving the growth of the market segment. On the other hand, the e-commerce segment is expected to grow at a robust pace due to rapid growth of the online grocery market.

Asia Pacific is expected to dominate the market

In terms of regions, the global rice market can be classified as Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific is expected to dominate market of the global rice market owing to high production capacities of countries such as Thailand, Vietnam, India, Pakistan, and China, which accounts for almost 75% of rice export from this region.

Rice Market Region

Segments

By Rice Length

  • Long grain
  • Medium grain
  • Short grain

By Types

  • Arborio rice
  • Black rice
  • Jasmine rice
  • Brown rice
  • Rosematta rice
  • Red cargo rice
  • Parboiled rice
  • Sushi rice
  • Others
    • Wild rice
    • Valencia Rice
    • Glutinous Rice

By Distribution Channels

  • Retail stores
  • Specialty stores
  • Department stores
  • Supermarkets
  • E-commerce

By Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

By Key Players

  • Thanasan Group
  • Gulf Rice Milling, Inc
  • Capital Rice Group
  • Lal Qilla
  • American Rice
  • Asia Golden Rice
  • KRBL Ltd
  • Kohinoor
  • Alobha
  • Daawat
  • ADM Rice
  • Ake Rice Mill Co., Ltd
  • Lakshmi Group
  • REI Agro Ltd
  • Kohinoor Foods Ltd.

Competitive Landscape

Key players in the global rice market are Thanasan Group, Gulf Rice Milling, Inc, Capital Rice Group, Lal Qilla, American Rice, Asia Golden Rice, KRBL Ltd, Kohinoor, Alobha, Daawat, ADM Rice, Ake Rice Mill Co., Ltd, Lakshmi Group, REI Agro Ltd, and Kohinoor Foods Ltd. These players engage in mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence.

Rice Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Rice Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Rice Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Rice Market - Supply Chain
  4.5. Global Rice Market Forecast
     4.5.1. Rice Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Rice Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Rice Market Absolute $ Opportunity
5. Global Rice Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Rice Market Size and Volume Forecast by Types
     5.3.1. Arborio rice
     5.3.2. Black rice
     5.3.3. Jasmine rice
     5.3.4. Brown rice
     5.3.5. Rosematta rice
     5.3.6. Red cargo rice
     5.3.7. Parboiled rice
     5.3.8. Sushi rice
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Rice Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Rice Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Rice Demand Share Forecast, 2019-2026
7. North America Rice Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Rice Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Rice Market Size and Volume Forecast by Types
     7.4.1. Arborio rice
     7.4.2. Black rice
     7.4.3. Jasmine rice
     7.4.4. Brown rice
     7.4.5. Rosematta rice
     7.4.6. Red cargo rice
     7.4.7. Parboiled rice
     7.4.8. Sushi rice
  7.5. Basis Point Share (BPS) Analysis by Types
  7.6. Y-o-Y Growth Projections by Types
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Rice Demand Share Forecast, 2019-2026
8. Latin America Rice Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Rice Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Rice Market Size and Volume Forecast by Types
     8.4.1. Arborio rice
     8.4.2. Black rice
     8.4.3. Jasmine rice
     8.4.4. Brown rice
     8.4.5. Rosematta rice
     8.4.6. Red cargo rice
     8.4.7. Parboiled rice
     8.4.8. Sushi rice
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Rice Demand Share Forecast, 2019-2026
9. Europe Rice Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Rice Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Rice Market Size and Volume Forecast by Types
     9.4.1. Arborio rice
     9.4.2. Black rice
     9.4.3. Jasmine rice
     9.4.4. Brown rice
     9.4.5. Rosematta rice
     9.4.6. Red cargo rice
     9.4.7. Parboiled rice
     9.4.8. Sushi rice
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Rice Demand Share Forecast, 2019-2026
10. Asia Pacific Rice Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Rice Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Rice Market Size and Volume Forecast by Types
     10.4.1. Arborio rice
     10.4.2. Black rice
     10.4.3. Jasmine rice
     10.4.4. Brown rice
     10.4.5. Rosematta rice
     10.4.6. Red cargo rice
     10.4.7. Parboiled rice
     10.4.8. Sushi rice
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Rice Demand Share Forecast, 2019-2026
11. Middle East & Africa Rice Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Rice Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Rice Market Size and Volume Forecast by Types
     11.4.1. Arborio rice
     11.4.2. Black rice
     11.4.3. Jasmine rice
     11.4.4. Brown rice
     11.4.5. Rosematta rice
     11.4.6. Red cargo rice
     11.4.7. Parboiled rice
     11.4.8. Sushi rice
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Rice Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Rice Market: Market Share Analysis
  12.2. Rice Distributors and Customers
  12.3. Rice Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Thanasan Group
     12.4.2. Gulf Rice Milling, Inc
     12.4.3. Capital Rice Group
     12.4.4. Lal Qilla
     12.4.5. American Rice
     12.4.6. Asia Golden Rice
     12.4.7. KRBL Ltd
     12.4.8. Kohinoor

Methodology

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