Global Basmati Rice Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Raw Market, Steamed Market and Parboiled Market.

By Application;

Food Market, Cosmetic & Personal Care Market and Other Application Market.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn362943045 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Basmati Rice Market (USD Million), 2021 - 2031

In the year 2024, the Global Basmati Rice Market was valued at USD 26,475.09 million. The size of this market is expected to increase to USD 48,087.55 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.9%.

Basmati rice, known for its distinct aroma and elongated grains, holds a prestigious position in the global rice market. Originating primarily from India and Pakistan, Basmati rice has gained immense popularity worldwide due to its unique flavor, texture, and nutritional benefits. The Global Basmati Rice Market has seen significant growth over the years, driven by increasing consumer preference for premium rice varieties and the expanding middle-class population in various regions. Additionally, the rising awareness about the health benefits associated with Basmati rice, such as its low glycemic index and rich nutrient profile, has further fueled its demand.

The market for Basmati rice is segmented based on variety, end-use, and distribution channels. The key varieties include traditional Basmati and evolved hybrids like Pusa Basmati. End-use segmentation includes household consumption, food services, and the food processing industry. Distribution channels comprise supermarkets, hypermarkets, convenience stores, and online retail platforms. Among these, online retail has witnessed substantial growth due to the increasing penetration of e-commerce and changing consumer purchasing habits. The Asia-Pacific region, particularly India and Pakistan, dominates the market in terms of production, while regions such as the Middle East, Europe, and North America represent significant consumption markets.

Several factors contribute to the growing demand for Basmati rice, including changing dietary preferences, rising disposable incomes, and the proliferation of Indian and Pakistani cuisines globally. However, the market faces challenges such as fluctuating prices, stringent trade regulations, and environmental concerns related to rice cultivation. Despite these challenges, the Global Basmati Rice Market is poised for continued growth, driven by ongoing product innovations, expanding distribution networks, and increasing consumer awareness about the benefits of premium rice varieties.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Basmati Rice Market
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing disposable incomes
        2. Health-conscious consumers
        3. Expanding middle class
        4. Global cuisine popularity
      2. Restraints
        1. Fluctuating rice prices
        2. Stringent trade regulations
        3. Environmental cultivation concerns
        4. Supply chain disruptions
      3. Opportunities
        1. Organic rice demand
        2. E-commerce growth
        3. Product innovations
        4. New market expansion
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Basmati Rice Market, By Type, 2021 - 2031 (USD Million)
      1. Raw Market
      2. Steamed Market
      3. Parboiled Market
    2. Global Basmati Rice Market, By Application, 2021 - 2031 (USD Million)
      1. Food Market
      2. Cosmetic & Personal Care Market
      3. Other Application Market
    3. Global Basmati Rice Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. McCormick & Company, Incorporated
      2. LT Foods Limited
      3. REI Agro Limited
      4. The Hain Celestial Group, Inc.
      5. The Rice 'n Spice Intl Ltd
  7. Analyst Views
  8. Future Outlook of the Market