Rice Global Market Report 2025

Rice is a type of cereal grain that serves as a primary source of energy due to its complex carbohydrates. Additionally, rice contains a significant amount of protein, iron, manganese, fiber, and vitamin B, making it valuable in addressing malnutrition.

The main varieties of rice include arborio rice, rosematta rice, red cargo rice, parboiled rice, sushi rice, wild rice, glutinous rice, and others. Arborio rice, for example, is an Italian short-grain rice commonly used in traditional risotto preparation. Rice can be categorized based on grain length into long grain rice, medium grain rice, and short grain rice, while color and texture variations include white rice, brown rice, red rice, and black rice. These rice varieties are distributed through various channels such as hypermarkets, supermarkets, convenience stores, departmental retail stores, online platforms, and others, catering to both residential and commercial applications.

The rice market research report is one of a series of new reports from The Business Research Company that provides rice market statistics, including rice industry global market size, regional shares, competitors with a rice market share, detailed rice market segments, market trends and opportunities, and any further data you may need to thrive in the rice industry. This rice market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The rice market size has grown strongly in recent years. It will grow from $35.27 billion in 2024 to $38.38 billion in 2025 at a compound annual growth rate (CAGR) of 8.8%. The growth in the historic period can be attributed to population growth and food demand, cultural significance, government policies and subsidies, income levels and urbanization, climate, and environmental factors.

The rice market size is expected to see strong growth in the next few years. It will grow to $55.19 billion in 2029 at a compound annual growth rate (CAGR) of 9.5%. The growth in the forecast period can be attributed to sustainable agriculture practices, climate change adaptation, innovation in rice processing, global dietary shifts, e-commerce, and supply chain optimization. Major trends in the forecast period include organic and specialty rice varieties, technology adoption in farming practices, sustainable farming and water management, fortification and nutritional enhancement, rice-based snacks and alternatives.

The rice market is anticipated to experience growth propelled by a burgeoning food and restaurant sector. The food and restaurant sector, encompassing establishments providing food services outside the home, including eateries, takeout businesses, cafeterias, and restaurants, plays a crucial role. As rice is a staple for over half the global population, the expanding food and restaurant industry is expected to drive the rice market. A report by the National Restaurant Association in February 2023 revealed that the foodservice industry is projected to achieve $997 billion in sales in 2023, a substantial increase from the $898 billion predicted in 2022. Furthermore, the United States Department of Agriculture (USDA) reported a 7.5% rise in expenses for dining out in various venues in December 2022 compared to November 2022 and a 13.5% increase compared to December 2021, highlighting the sector's growth and its impact on the rice market.

The expanding agriculture sector is anticipated to enhance the growth of the rice market in the future. The agriculture sector, often referred to as the agricultural industry or farming sector, includes a wide range of activities related to land cultivation, crop production, and livestock rearing aimed at generating food, fiber, and other agricultural products. A thriving agriculture sector creates a favorable environment for the rice market by encouraging increased production, enhancing efficiency, and contributing to economic and social development. For example, in April 2023, the Department of Agriculture, Environment, and Rural Affairs, a government department in Ireland, reported that the Total Income from Farming (TIFF) in Northern Ireland increased by 17.4% to £605 million in 2022, up from £515 million in 2021. In real terms, this reflects an 11.3% rise. Therefore, the growing agriculture sector is driving the expansion of the rice market.

The rice market is witnessing a notable trend with product innovations taking center stage. Leading companies in the rice market are actively engaged in the development of new products to maintain their market positions. For example, in June 2022, Roquette, a plant-based ingredient producer based in France, introduced Nutralys, a novel rice protein designed to meet the growing consumer demand for meat alternatives. This innovative rice protein not only features nutritious protein content but also adheres to high production standards and quality, catering to consumers worldwide. Nutralys, being a plant protein source that is non-GMO and gluten-free, can be combined with Roquette's Nutralys pea protein to create a comprehensive vegetarian protein supplement for specialized nutrition.

Major companies in the rice market are focusing on product innovation, such as developing rice-blend products, to attract larger customer bases, increase sales, and boost revenue. Rice-blend products are food items that incorporate various types or varieties of rice, often combined with other grains, seeds, or ingredients to create a diverse and flavorful mix. For example, in September 2023, Rice Biotech, a U.S.-based organization dedicated to translating health and medical technology discoveries into practical treatments, launched the Launch Pad accelerator. Supported by Rice University, this initiative aims to expedite medical and health innovations by providing essential resources, including mentorship, funding, and access to industry networks. The primary goal of the accelerator is to transform biotech research into commercial solutions, specifically targeting early-stage startups and researchers, thereby assisting them in bringing their discoveries to market more efficiently.

In May 2022, Adani Wilmar Ltd., an FMCG company based in India, acquired the Basmati rice brand 'Kohinoor' from McCormick Switzerland GMBH for an undisclosed amount. This strategic acquisition provides Adani Wilmar Limited with exclusive rights over the 'Ready to Cook,' 'Ready to Eat,' and meal portfolios sold under the Kohinoor Brand name in India. Kohinoor Speciality Foods, an India-based rice producer, is part of this acquisition, further enhancing Adani Wilmar's presence and offerings in the rice market.

Major companies operating in the rice market include LT Foods Ltd., KRBL Limited, Ebro Foods Inc., Aashirvad International, Lundberg Family Farms, Riviana Foods Inc., Adani Wilmar Limited, RiceSelect, PlanetRice, ConAgra Foods Inc., General Mills Inc., Carolina Plantation Rice, Riceland Foods Inc., Pride India FMCG Limited, Asia Golden Rice Co. Ltd., SunRice, Veetee Rice Limited, Kohinoor Foods Ltd., Chandrika Group, Tilda Group, Hanuman Rice Mills, Amar Singh Chawal Wala, Heritage Foods Limited, Capitol Group, Shiva Rice Mills, Daawat, Galaxy Rice Mills Pvt. Ltd., Doaba Rice Mills

Asia-Pacific was the largest region in the Rice market in 2024. North America is expected to be the fastest-growing region in the rice market report during the forecast period. The regions covered in the rice market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the rice market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The rice market consists of calrose rice, rose matta rice, cialone nano rice. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Rice Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on rice market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for rice ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The rice market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include:

The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.

• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

• Markets Covered:1) By Type: Arborio Rice; Rosematta Rice; Red Cargo Rice; Parboiled Rice; Sushi Rice; Wild Rice; Glutinous Rice; Other Types
• 2) By Length: Long Grain Rice; Medium Grain Rice; Short Grain Rice
• 3) By Color: White Rice; Brown Rice; Red Rice; Black Rice
• 4) By Distribution Channel: Hypermarket; Supermarket; Convenience Store; Departmental Retail Stores; Online Stores; Other Distribution Channels
• 5) By Application: Residential; Commercial
• Subsegments:
• 1) By Arborio Rice: Short-Grain Arborio; Medium-Grain Arborio
• 2) By Rosematta Rice: White Rosematta; Red Rosematta
• 3) By Red Cargo Rice: Whole Grain Red Cargo; Parboiled Red Cargo
• 4) By Parboiled Rice: Long-Grain Parboiled; Medium-Grain Parboiled; Short-Grain Parboiled
• 5) By Sushi Rice: Short-Grain Sushi Rice; Medium-Grain Sushi Rice
• 6) By Wild Rice: North American Wild Rice; Asian Wild Rice
• 7) By Glutinous Rice: Sweet Glutinous Rice; Regular Glutinous Rice
• 8) By Other Types: Basmati Rice; Jasmine Rice; Brown Rice; Black Rice
• Companies Mentioned: LT Foods Ltd.; KRBL Limited; Ebro Foods Inc.; Aashirvad International; Lundberg Family Farms
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
• Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
• Delivery format: PDF, Word and Excel Data Dashboard.