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Basmati Rice Market Report 2023 - Size, Growth, Trends And Industry Analysis 2032 | Dunar Foods Ltd., Amar Singh Chawal Wala, LT Foods Ltd., KRBL Ltd., Adani Wilmar Limited
Basmati Rice Market
Basmati Rice Market Size, Growth Rate, And Forecast
The global basmati rice market size grew from $10.26 billion in 2022 to $11.65 billion in 2023 at a compound annual growth rate (CAGR) of 13.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The basmati rice market size is expected to grow to $18.32 billion in 2027 at a CAGR of 12.0%.
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Basmati Rice Market Drivers
A rise in demand for aromatic rice is expected to propel the growth of the basmati rice market going forward. Rice having natural chemical components that give it a distinct scent is known as aromatic rice. There are several aromatic rice varieties, from the well-known basmati to the considerably less well-known Randhunipagal.
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Basmati Rice Market Segments
1. By Product: Parboiled, Raw, Steamed.
2. By Species: White, Brown, Other Species.
3. By Distribution: Convenience Store, Modern Trade, Online Store, Traditional Grocery Stores.
4. By Application: Industrial, Household.
5. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Basmati Rice market.
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Basmati Rice Market Key Players
Major competitors in the basmati rice market include Dunar Foods Ltd., Amar Singh Chawal Wala, LT Foods Ltd., KRBL Ltd., Adani Wilmar Limited, Amira Nature Foods Ltd., REI Agro Ltd., East End Foods,.
The Business Research Company's "Global Basmati Rice Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Basmati Rice Market Include:
1. Executive Summary
2. Basmati Rice Market Characteristics
3. Basmati Rice Market Trends And Strategies
4. Basmati Rice Market - Macro Economic Scenario
5. Basmati Rice Market Size And Growth
……
26. Africa Basmati Rice Market
27. Basmati Rice Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Basmati Rice Market
29. Basmati Rice Market Future Outlook and Potential Analysis
30. Appendix
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