The Global Basmati Rice Market is estimated to be USD 40.7 Bn in 2021 and is expected to reach USD 57.62 Bn by 2026, growing at a CAGR of 7.2%.
Market Dynamics
The foremost factor driving the expansion of the global basmati rice market is the growing populace and escalating need for healthy food products, combined with the elevated quantity of agriculture of basmati rice. Rice is known to be the staple food utilized by most people worldwide, which is an additional factor endorsing the progress of the basmati rice market in the years to come. Also, basmati rice helps improve the lack of iron, and in ingesting basmati brown rice, which comprises high fiber substances, basmati rice supports weight loss as it comprehends low carbohydrates, increases magnesium, and recovers vitamin B deficiency are other main factors likely to boost the market growth.
The elevated price of Basmati Rice contrasted to other rice strains and the unpredictable climate conditions for farming hamper the market's progress during the forecast period.
Market Segmentation
The Global Basmati Rice Market is segmented further based on Product Type, Species, Application, End User, Sales Channel, and Geography.
By Product Type, the market is classified as parboiled, raw, and steamed. Amongst all, the raw segment is estimated to hold the highest market share during the forecast period.
By Species, the market is classified as white, brown, and others. Amongst all, the white segment is estimated to hold the highest market share during the forecast period.
By Application, the market is classified as cosmetic, personal care, and food. Amongst all, the food segment is estimated to hold the highest market share during the forecast period.
By End User, the market is classified as commercial and residential. Amongst the two, the commercial segment is estimated to hold the highest market share during the forecast period.
By Sales Channel, the market is classified as modern trade, convenience store, online store, and, traditional grocery stores. Amongst all, the convenience store segment is estimated to hold the highest market share during the forecast period.
By Geography, North America is projected to lead the market.
Recent Developments
1. KRBL Limited, the world's largest rice miller and basmati rice exporter announced the launch of “India Gate Rice Flour” in the Wholesome Grain, Oil & Oil Products (FMCG) category. - 26th April 2021.
2. Tilda has launched a new Steamed Rice Range into Foodservice to help chefs, caterers, and vending operators offer the nation’s favorite rice meals whilst staying Covid safe. - 19th May 2021.
Company Profiles
Some of the companies covered in this report are Amar Singh Chawal Wala, Amira Nature Foods Ltd., Best Foods, Dunar Foods Ltd., Galaxy Rice Mill., etc.
Competitive Quadrant
The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Why buy this report?
Report Highlights:
Market Dynamics
The foremost factor driving the expansion of the global basmati rice market is the growing populace and escalating need for healthy food products, combined with the elevated quantity of agriculture of basmati rice. Rice is known to be the staple food utilized by most people worldwide, which is an additional factor endorsing the progress of the basmati rice market in the years to come. Also, basmati rice helps improve the lack of iron, and in ingesting basmati brown rice, which comprises high fiber substances, basmati rice supports weight loss as it comprehends low carbohydrates, increases magnesium, and recovers vitamin B deficiency are other main factors likely to boost the market growth.
The elevated price of Basmati Rice contrasted to other rice strains and the unpredictable climate conditions for farming hamper the market's progress during the forecast period.
Market Segmentation
The Global Basmati Rice Market is segmented further based on Product Type, Species, Application, End User, Sales Channel, and Geography.
By Product Type, the market is classified as parboiled, raw, and steamed. Amongst all, the raw segment is estimated to hold the highest market share during the forecast period.
By Species, the market is classified as white, brown, and others. Amongst all, the white segment is estimated to hold the highest market share during the forecast period.
By Application, the market is classified as cosmetic, personal care, and food. Amongst all, the food segment is estimated to hold the highest market share during the forecast period.
By End User, the market is classified as commercial and residential. Amongst the two, the commercial segment is estimated to hold the highest market share during the forecast period.
By Sales Channel, the market is classified as modern trade, convenience store, online store, and, traditional grocery stores. Amongst all, the convenience store segment is estimated to hold the highest market share during the forecast period.
By Geography, North America is projected to lead the market.
Recent Developments
1. KRBL Limited, the world's largest rice miller and basmati rice exporter announced the launch of “India Gate Rice Flour” in the Wholesome Grain, Oil & Oil Products (FMCG) category. - 26th April 2021.
2. Tilda has launched a new Steamed Rice Range into Foodservice to help chefs, caterers, and vending operators offer the nation’s favorite rice meals whilst staying Covid safe. - 19th May 2021.
Company Profiles
Some of the companies covered in this report are Amar Singh Chawal Wala, Amira Nature Foods Ltd., Best Foods, Dunar Foods Ltd., Galaxy Rice Mill., etc.
Competitive Quadrant
The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Why buy this report?
- The report offers a comprehensive evaluation of the Global Basmati Rice Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes an in-depth market analysis using Porter’s 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
- The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
- The report also contains a competitive analysis using the Positioning Quadrants, the analyst’s Proprietary competitive positioning tool.
Report Highlights:
- A complete analysis of the market, including parent industry
- Important market dynamics and trends
- Market segmentation
- Historical, current, and projected size of the market based on value and volume
- Market shares and strategies of key players
- Recommendations to companies for strengthening their foothold in the market
Frequently Asked Questions about the Global Basmati Rice Market
What is the estimated value of the Global Basmati Rice Market?
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Report Attribute | Details |
---|---|
No. of Pages | 184 |
Published | April 2021 |
Forecast Period | 2021 - 2026 |
Estimated Market Value ( USD
| USD 40700 Million |
Forecasted Market Value ( USD
| USD 57620 Million |
Compound Annual Growth Rate | 7.2% |
Regions Covered | Global |
No. of Companies Mentioned | 20 |
Table of Contents
1 Report Description
2 Research Methodology
3 Executive Summary
4 Market Influencers
5 Market Analysis
6 Global Basmati Rice Market, By Product Type
7 Global Basmati Rice Market, By Species
8 Global Basmati Rice Market, By Application
9 Global Basmati Rice Market, By End User
10 Global Basmati Rice Market, By Sales Channel
11 Global Basmati Rice Market, By Geography
12 Competitive Landscape
13 Company Profiles
14 Appendix
Companies Mentioned
- Adani Wilmar Limited
- Aeroplane Rice
- Amar Singh Chawal Wala
- Amira Nature Foods Ltd.
- Best Foods Ltd
- Dunar Foods Ltd.
- Galaxy Rice Mill
- Hanuman Rice Mills
- East End Foods
- HBI
- Kohinoor Foods Ltd.
- KRBL Limited
- Estraco
- LT Foods
- Matco Foods Limited
- Sulson Overseas Pvt. Ltd.
- Sungold Trade Private Limited
- Supple Tek Industries Pvt Ltd
- Tilda Basmati Rice
- TBA Suntra B.V