India Packaged Rice Market Projected to Reach 11.7 Million Tons, at a 5.9% CAGR by 2028 - Report by IMARC Group

How Big is the India Packaged Rice Market?

The India packaged rice market size reached 11.7 Million Tons in 2022. Looking forward, IMARC Group expects the market to reach 16.2 Million Tons by 2028, exhibiting a growth rate (CAGR) of 5.9% during 2023-2028.

Packaged rice refers to rice that is processed and packaged in pre-sealed containers, bags, or boxes. It encompasses steamed rice, fried rice, pilaf, risotto, and sushi rice. It also includes specialty forms like jasmine or basmati rice, appealing to consumer preferences. It is available in multiple forms, including long, medium, and short-grain varieties, each with distinct characteristics. It goes through several manufacturing stages, including harvesting, cleaning, and then milling to remove the outer husk, bran, and germ layers, resulting in polished white rice or brown rice. It also undergoes additional processing, such as parboiling or enrichment, to enhance its nutritional content. It possesses a long shelf life, making it a convenient and reliable food option. It is a staple food in daily diets, serving as a primary source of carbohydrates and fiber.

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Some of the Top Key players in the India Packaged Rice Market

Adani Wilmar Ltd., Aeroplane Rice Ltd., Amira Nature Foods Ltd., Baba Naga Agro Pvt. Ltd., Balashree Foods Pvt. Ltd., Chaman Lal Setia Exports Ltd., Future Consumer Limited, KRBL Limited, Lal Qilla (Amar Singh Chawal Wala), LT Foods, Patanjali Ayurved Limited, Shri Lal Mahal Group, Sriveda Sattva Pvt. Ltd., VSR Foods

What are the growth prospects and trends in the India Packaged Rice industry?

The increasing demand for convenient, easy-to-prepare food options that are easy to prepare among working individuals represents one of the crucial factors impelling the market growth in India. Additionally, the growing awareness among individuals about the nutritional benefits of different rice varieties, such as brown and specialty rice, is offering a favorable market outlook.

Besides this, the rising consumption of rice variants that are organic and possess a low glycemic index among health-conscious consumers and diabetic individuals is propelling the market growth. Moreover, the increasing adoption of modern technology in rice processing and packaging to improve efficiency and product quality is contributing to the market growth in the country.

Furthermore, the rising number of e-commerce platforms is presenting consumers with the convenience of online shopping and the availability of a wide range of rice products at competitive prices. Apart from this, the increasing innovations in packaging, such as resealable bags and portion-controlled packaging made with biodegradable and eco-friendly materials, are catering to the convenience and sustainability concerns of consumers.

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Report Segmentation:

The report has segmented the market into the following categories:

Market Breakup by Product Type:
• Parboiled Rice
• Basmati Rice

Market Breakup by Packaging:
• Pouches
• Woven Bags
• Others

Market Break up by Pack Size:
• 5 Kilograms
• 1 Kilogram
• Others

Market Breakup by Distribution Channel:
• General Trade: Convenience Stores/Kirana Stores
• Modern Trade: Supermarkets/Hypermarkets/Specialty Stores
• Online and E-Commerce
• Others

Market Breakup by Region:
• North India
• West and Central India
• South India
• East India

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