Basmati Rice Market Size, Share, Trends, Analysis, and Forecast 2025-2034 | Global Industry Growth, Competitive Landscape, Opportunities, and Challenges

Global Basmati Rice Market is valued at USD 13.1 billion in 2025. Further, the market is expected to grow at a CAGR of 12.4% to reach USD 37.5 billion by 2034.

Basmati rice, renowned for its unique aroma, long grains, and delicate flavor, holds a special place in global cuisine. Originating primarily from the Indian subcontinent, basmati rice is a staple in many traditional dishes and is highly prized for its cooking qualities and distinct taste. It is also sought after for its nutritional benefits, as it is often lower in glycemic index compared to other rice varieties.

In recent years, the global basmati rice market has witnessed steady growth, driven by increasing demand from both domestic and international markets. Export growth, particularly to Middle Eastern and European countries, has fueled market expansion. Additionally, consumer preferences for organic and premium-quality basmati rice have led producers to focus on improved cultivation practices and quality certifications.

However, the basmati rice market faces challenges such as fluctuating prices, high production costs, and susceptibility to climate-related risks. The need for stringent quality control measures and certification processes adds to operational complexities. Despite these hurdles, the market continues to expand due to its strong cultural significance, rising popularity among health-conscious consumers, and the growing demand for gourmet and specialty foods.

Trends

• Increasing consumer preference for organic and pesticide-free basmati rice.
• Growing demand from Middle Eastern, European, and North American markets.
• Expansion of private-label basmati rice brands in international retail chains.
• Adoption of modern farming techniques to improve yield and grain quality.
• Rising popularity of ready-to-eat and quick-cook basmati rice products.

Drivers

• Growing health consciousness and preference for low-GI rice varieties.
• Expanding culinary diversity and the global popularity of Indian cuisine.
• Increase in disposable income and changing eating habits in emerging economies.
• Government support for rice exports and favorable trade policies.
• Rising demand for premium-quality and aged basmati rice among food enthusiasts.

Challenges

• High cultivation costs and dependence on weather conditions.
• Price volatility in international markets due to supply-demand fluctuations.
• Strict quality standards and certification requirements for export markets.
• Competition from other long-grain rice varieties in global markets.
• Sustainability concerns and the need for water-efficient farming practices.

Market Segmentation

By Product

• Parboiled
• Raw
• Steamed

By Species

• White
• Brown
• Other Species

By Distribution

• Convenience Store
• Modern Trade
• Online Store
• Traditional Grocery Stores

By Application

• Industrial
• Household

By Geography

• North America (USA, Canada, Mexico)
• Europe (Germany, UK, France, Spain, Italy, Rest of Europe)
• Asia-Pacific (China, India, Japan, Australia, Vietnam, Rest of APAC)
• The Middle East and Africa (Middle East, Africa)
• South and Central America (Brazil, Argentina, Rest of SCA)

What You Receive

• Global Basmati Rice market size and growth projections (CAGR), 2024- 2034
• Impact of recent changes in geopolitical, economic, and trade policies on the demand and supply chain of Basmati Rice.
• Basmati Rice market size, share, and outlook across 5 regions and 27 countries, 2025- 2034.
• Basmati Rice market size, CAGR, and Market Share of key products, applications, and end-user verticals, 2025- 2034.
• Short and long-term Basmati Rice market trends, drivers, restraints, and opportunities.
• Porter’s Five Forces analysis, Technological developments in the Basmati Rice market, Basmati Rice supply chain analysis.
• Basmati Rice trade analysis, Basmati Rice market price analysis, Basmati Rice Value Chain Analysis.
• Profiles of 5 leading companies in the industry- overview, key strategies, financials, and products.
• Latest Basmati Rice market news and developments.

The Basmati Rice Market international scenario is well established in the report with separate chapters on North America Basmati Rice Market, Europe Basmati Rice Market, Asia-Pacific Basmati Rice Market, Middle East and Africa Basmati Rice Market, and South and Central America Basmati Rice Markets. These sections further fragment the regional Basmati Rice market by type, application, end-user, and country.

Who can benefit from this research

The research would help top management/strategy formulators/business/product development/sales managers and investors in this market in the following ways

• The report provides 2024 Basmati Rice market sales data at the global, regional, and key country levels with a detailed outlook to 2034, allowing companies to calculate their market share and analyze prospects, uncover new markets, and plan market entry strategy.
• The research includes the Basmati Rice market split into different types and applications. This segmentation helps managers plan their products and budgets based on the future growth rates of each segment
• The Basmati Rice market study helps stakeholders understand the breadth and stance of the market giving them information on key drivers, restraints, challenges, and growth opportunities of the market and mitigating risks
• This report would help top management understand competition better with a detailed SWOT analysis and key strategies of their competitors, and plan their position in the business
• The study assists investors in analyzing Basmati Rice business prospects by region, key countries, and top companies' information to channel their investments.

Available Customizations

The standard syndicate report is designed to serve the common interests of Basmati Rice Market players across the value chain and include selective data and analysis from entire research findings as per the scope and price of the publication.

However, to precisely match the specific research requirements of individual clients, we offer several customization options to include the data and analysis of interest in the final deliverable.

Some of the customization requests are as mentioned below

• Segmentation of choice - Our clients can seek customization to modify/add a market division for types/applications/end-uses/processes of their choice.
• Basmati Rice Pricing and Margins Across the Supply Chain, Basmati Rice Price Analysis / International Trade Data / Import-Export Analysis
• Supply Chain Analysis, Supply-Demand Gap Analysis, PESTLE Analysis, Macro-Economic Analysis, and other Basmati Rice market analytics
• Processing and manufacturing requirements, Patent Analysis, Technology Trends, and Product Innovations
• Further, the client can seek customization to break down geographies as per their requirements for specific countries/country groups such as South East Asia, Central Asia, Emerging and Developing Asia, Western Europe, Eastern Europe, Benelux, Emerging and Developing Europe, Nordic countries, North Africa, Sub-Saharan Africa, Caribbean, The Middle East and North Africa (MENA), Gulf Cooperation Council (GCC) or any other.
• Capital Requirements, Income Projections, Profit Forecasts, and other parameters to prepare a detailed project report to present to Banks/Investment Agencies.
• Customization of up to 10% of the content can be done without any additional charges.