Basmati Rice Market

By Type;

Parboiled and Raw

By Species;

White, Brown and Others

By Pack Size;

Retail Packaging and Institutional Packaging

By End Use;

Industrial and Household

By Distribution Channel;

Traditional, Modern, Retail and HORECA

By Geography;

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

Basmati Rice Market Overview

Basmati Rice Market (USD Million)

Basmati Rice Market was valued at USD 26,475.09 million in the year 2024. 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 Market

*Market size in USD million

CAGR 8.9 %


Study Period2025 - 2031
Base Year2024
CAGR (%)8.9 %
Market Size (2024)USD 26,475.09 Million
Market Size (2031)USD 48,087.55 Million
Market ConcentrationMedium
Report Pages359
26,475.09
2024
48,087.55
2031

Major Players

  • Growth in Emerging Markets
  • E-commerce Growth
  • Focus on Innovation
  • Customization and Personalization

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Basmati Rice Market

Fragmented - Highly competitive market without dominant players


The Basmati Rice Market is experiencing rapid expansion as consumer preference for long-grain, aromatic, and premium-quality rice continues to rise. Over 45% of buyers choose basmati rice compared to other rice types, highlighting its strong appeal across diverse demographics.

Rising Consumer Preference
Growing interest in nutrient-rich food choices is driving demand, with nearly 30% of consumers linking basmati rice with healthier eating habits. Its low glycemic index and high nutrient retention position it as a suitable choice for health-focused individuals.

Influence of Premiumization
Shifting trends toward premium lifestyle products are fueling demand for branded and aged basmati rice. Close to 40% of consumers are willing to pay a premium for superior quality, motivating companies to expand product offerings and strengthen brand loyalty.

Future Growth Outlook
The market shows strong growth prospects, supported by increasing brand investments and widening distribution networks. Almost 50% of manufacturers plan to expand their portfolios, ensuring broader consumer access and shaping the future trajectory of the basmati rice industry.

  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 Species
    3. Market Snapshot, By Pack Size
    4. Market Snapshot, By End Use
    5. Market Snapshot, By Distribution Channel
    6. Market Snapshot, By Region
  4. 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. Basmati Rice Market, By Type, 2021 - 2031 (USD Million)
      1. Parboiled
      2. Raw
    2. Basmati Rice Market, By Species, 2021 - 2031 (USD Million)
      1. White
      2. Brown
      3. Others
    3. Basmati Rice Market, By Pack Size, 2021 - 2031 (USD Million)
      1. Retail Packaging
      2. Institutional Packaging
    4. Basmati Rice Market, By End Use, 2021 - 2031 (USD Million)
      1. Industrial
      2. Household
    5. Basmati Rice Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Traditional
      2. Modern
      3. Retail
      4. HORECA
    6. 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. KRBL Limited
      2. LT Foods Limited
      3. Kohinoor Foods Limited
      4. Adani Wilmar Limited
      5. Amira Nature Foods
      6. Ebro Foods S.A.
      7. Olam International
      8. VeeTee Rice
      9. Dunar Foods Ltd.
      10. Lundberg Family Farms
      11. New Bharat Group
      12. Supple Tek Pvt Ltd
      13. HAS Rice Pakistan
      14. Latif Rice Mills Pvt. Ltd.
      15. A.I.Z Import & Export
  7. Analyst Views
  8. Future Outlook of the Market