Press release
Rice at the heart of global agriculture, a deep dive into the rice industry.

The global Rice market is anticipated to cross USD 2295.04 Billion by 2029 with 5.94% CAGR by 2024-29.
In addition to its role in domestic consumption, rice is a major international trade commodity. Countries like India, Thailand, and Vietnam are not only large-scale producers but also key exporters, ensuring that rice reaches global markets, including those in the Middle East, Africa, and Latin America. Trade liberalization, improved transport logistics, and advances in milling technologies have all contributed to the expansion of the global rice trade, facilitating the movement of rice across borders to meet both domestic and international demands. The increasing demand for premium rice varieties like basmati and jasmine, along with organic and specialty types, is driving market growth, particularly in regions with rising middle-class populations and growing awareness of healthy eating. However, the rice industry faces numerous challenges that threaten its sustainability and growth. These include the impact of climate change on rice production, water scarcity, land degradation, and pests and diseases, which threaten yields and food security. Furthermore, the smallholder farming model, which predominates in many rice-growing regions, often struggles with inefficiencies, limited access to modern farming techniques, and insufficient infrastructure. Yet, despite these obstacles, the rice industry is undergoing significant transformation. Innovations in rice cultivation, such as the development of drought-resistant rice varieties, precision agriculture techniques, and sustainable farming practices, are helping to address many of these challenges. As global rice demand continues to grow in line with population increases and evolving consumption patterns, the industry's ability to adapt and innovate will be crucial to ensuring a stable and sustainable rice supply for the future.
For more insights: https://www.bonafideresearch.com/product/250129291/global-rice-market
North America (NA) represents a smaller segment of the global rice market, driven mainly by demand in the United States. The U.S. is a significant producer and exporter of rice, particularly long-grain varieties, with domestic consumption largely focused on staple dishes like rice and beans, as well as a growing demand for specialty rice such as basmati and jasmine. In addition, the increasing interest in organic and health-focused rice varieties, such as brown rice, is contributing to market growth in North America. However, the overall consumption rate per capita in North America is lower compared to regions like Asia, and the market is highly influenced by trade agreements and international supply chains. Europe sees a similar pattern, with rice consumption being an important part of Mediterranean and Southern European cuisines, especially in Italy and Spain, where varieties like Arborio rice are essential in dishes like risotto. European demand for rice is also increasingly shifting towards healthier, specialty varieties, including organic and aromatic rice types. Despite being a relatively small producer, Europe plays a significant role as an importer of rice, especially from countries like India, Pakistan, and Thailand, in order to meet consumer demand for different rice types. In South America (SA), rice plays an important role in both domestic consumption and agricultural economies, particularly in Brazil, Argentina, and Uruguay. Rice is a staple food in many South American countries, often consumed in combination with beans, meats, and vegetables. Brazil, as the largest producer and consumer of rice in the region, has a strong rice industry that supports both domestic consumption and exports, particularly to markets in Africa and the Middle East. As in other regions, growing consumer interest in healthier food options has led to an increase in demand for whole grain rice varieties and specialty rice products, albeit the market is smaller in comparison to the APAC region. The Middle East and Africa (MEA) region has a rapidly growing rice market, largely driven by increasing demand in countries such as Egypt, Saudi Arabia, and Nigeria.
For more insights: https://www.bonafideresearch.com/product/250129294/asia-pacific-rice-market
Among the prominent rice segments, red rice stands out for its nutritional benefits, such as higher fiber content and antioxidants like anthocyanins. Red rice is gaining popularity among health-conscious consumers, particularly in markets like Asia and North America, where people are increasingly seeking whole-grain alternatives to white rice. Similarly, black rice, known for its rich color and health benefits, is often referred to as "forbidden rice" due to its historical rarity. High in anthocyanins, fiber, and iron, black rice is particularly popular in health-conscious markets, where demand for superfoods is on the rise. It is also experiencing growing demand in the United States and Europe, where its exotic appeal and health benefits are marketed as a premium product. These aromatic rice varieties have become increasingly popular worldwide, with growing demand from consumers in North America, Europe, and the Middle East, who are drawn to their unique flavors and textures. The increasing demand for high-quality rice, driven by culinary interest and consumer preferences for premium products, continues to support the growth of this segment. Brown rice, with its higher nutritional content, including fiber, vitamins, and minerals, has seen a surge in demand, particularly among health-conscious consumers. As an unrefined whole grain, brown rice retains its bran and germ, offering more health benefits compared to white rice. Parboiled rice, which is less sticky and more firm compared to regular white rice, is particularly popular in regions like South Asia, Africa, and parts of the Middle East. It is considered a healthier option compared to regular white rice because the parboiling process helps retain more of the rice's nutrients. Long grain rice is the most widely consumed rice type globally, characterized by its long, slender grains that remain separate and fluffy when cooked. This type of rice is especially popular in regions like Asia, North America, and Europe, where varieties such as Basmati and Jasmine rice dominate the market. Long grain rice is valued for its versatility in cooking and is a preferred choice for dishes like pilafs, fried rice, and biryanis, where the texture and ability to stay separate are important. The demand for long grain rice is strong across international markets, particularly in countries like India, Thailand, and the United States, where it is not only consumed in homes but also forms a major export commodity.. In particular, it is the rice of choice for dishes like paella, risotto, and sushi, where a slightly stickier texture is desired. Countries like Spain, Italy, and Japan produce and consume significant amounts of medium grain rice, with Arborio rice being the most recognized variety in Italy, especially for risotto. Similarly, in Japan, Sushi rice is often classified as a medium-grain variety due to its sticky texture, which is essential for making perfect sushi.
For more insights: https://www.bonafideresearch.com/product/250129295/south-america-rice-market
Offline stores, such as supermarkets, grocery chains, and local retailers, have traditionally been the primary shopping destination for rice, especially in regions where rice is a staple food. In many countries, particularly in Asia, Africa, and Latin America, offline stores remain the dominant sales channel due to their physical presence and the habitual nature of in-person shopping for staple foods. These stores offer a wide variety of rice types, from long-grain and medium-grain to specialty and organic rice, catering to local tastes and preferences. Additionally, the in-store experience allows customers to physically inspect products, compare brands, and benefit from promotions and discounts. Online stores offer a wide variety of rice brands, types, and specialized products, including organic, premium, and international varieties, often with more detailed product descriptions and reviews that help consumers make informed choices. Additionally, the ability to shop from the comfort of one's home, particularly in urban areas where time constraints and convenience are highly valued, has driven the adoption of online rice shopping. The growth of online stores is also supported by logistical advancements, including improved delivery networks and subscription services, making it easier for consumers to regularly purchase rice without leaving their homes. The residential market is also influenced by the growing popularity of convenience food products, including ready-to-cook rice and rice-based snacks, which cater to busy households seeking time-saving options. Additionally, the trend toward premium and specialty rice, such as aromatic Basmati or Jasmine rice, is also gaining traction in residential markets, particularly in developed countries. On the other hand, the commercial segment of the rice market includes rice used by foodservice providers, processors, manufacturers, and the broader food industry. This segment is characterized by bulk purchases, with rice being used as a key ingredient in a wide variety of processed foods, restaurant menus, and catering services.
For more insights: https://www.bonafideresearch.com/product/6501292906/india-rice-market
Considered in this report
• Historic year: 2018
• Base year: 2023
• Estimated year: 2024
• Forecast year: 2029
Aspects covered in this report
• Rice market Outlook with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation
Regions & Countries covered in the report:
• Asia-Pacific: (South Korea, China, India, Japan)
• North America: (United States, Canada)
• Europe: (Germany, France, United Kingdom, Italy)
• South America: (Brazil, Argentina)
• Middle East & Africa: (UAE, South Africa, Saudi Arabia)
By Type
• Beer
• Wine
• Spirits (Liquor)
• Sake
• Others
By Packaging Type
• Glass Bottles
• Tins
• Plastic Bottles
• Others
By Distribution Channel
• Supermarkets and Hypermarkets
• On-Trade
• Specialist Retailers
• Others
For more insights: https://www.bonafideresearch.com/product/6501292916/south-korea-rice-market
Contact us:
Steven Thomas - Sales & Marketing Manager
E-mail: sales@bonafideresearch.com
Asia-Pacific: +91 7878231309
Europe: +44 20 8089 0049
North America: +1 201 793 8545
https://www.bonafideresearch.com/
Bonafide Research is the fastest-growing global market research and consulting company, providing syndicated research reports, customized research reports, and consulting services to a range of verticals. Bonafide Research stands out as a contemporary market research company, renowned for its unparalleled resilience and integrated approach. With an extensive database of more than 19000 reports from 60 countries and expertise across 11 diverse industry domains and even assist the companies in spectrum of services, including designing their market assessment, market entry strategies, and consumer behavior analysis etc. Since last 10 years, we have served close to 1000+ clients and it includes fortune 500 companies across the globe. Bonafide has continuously made efforts to evolve and enhance the report quality with each passing day. Bonafide Research has a strong base of analysts and consultants from assorted areas of expertise who track the latest economic, demographic, trade, and market data globally and help clients make informed business decisions. They periodically update their market research studies to ensure that their clients get the most recent, relevant, actionable, and valuable information for strategy development and to extract tangible results.
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