Press release
India Basmati Rice Market Worth INR 537.0 Billion by 2033 | Industry Growing at a CAGR of 0.90%
Attributes and Key Statistics of the India Basmati Rice Market Report by IMARC Group:Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Units: INR Billion
Market Size in 2024: INR 495.0 Billion
Market Forecast in 2033: INR 537.0 Billion
Market Compound Annual Growth Rate 2025-2033: 0.90%
As indicated in the latest market research report published by IMARC Group, titled "India Basmati Rice Market Size, Share, Trends and Forecast by Type of Rice, Pack Size, Distribution Channel, and Region, 2025-2033," this report provides an in-depth analysis of the industry, featuring insights into the market. It encompasses competitor and regional analyses, as well as recent advancements in the market.
Market Size & Future Growth Potential:
The India basmati rice market size was valued at INR 495.0 Billion in 2024. Looking forward, the market is expected to reach INR 537.0 Billion by 2033, exhibiting a CAGR of 0.90% from 2025 to 2033.
Core Factors Driving Market Trends:
India basmati rice market is experiencing steady expansion, largely due to growing domestic consumption and strong export demand. Fundamentally, basmati rice is greatly valued for its special aroma, lengthy grains, and excellent taste, and it is thus a favorite staple food in Indian homes and an expensive delicacy overseas. Besides this, increasing import demand from Middle Eastern, European, and North American countries is considerably enhancing India's export prospect, as Indian basmati rice has a good word for quality and authenticity. Further, health consciousness among consumers is also propelling demand, as basmati rice is been seen as a healthier choice due to its low glycemic index and high fiber content.
Besides this, more restaurants, hotels, and catering services are now adding basmati rice to their menus, further contributing to growth in the food services market. Moreover, government policies like Minimum Support Price (MSP) schemes and subsidies on improved irrigation and high-yielding seed varieties are enhancing productivity and aiding farmers cultivating basmati. Apart from this, advances in processing and packaging technology are improving product shelf life and world competitiveness.
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Additionally, demand for organic and pesticide-free basmati rice is increasing, as consumers interested in the environment are becoming more discerning about what they eat. In addition, branding and GI tagging have assisted in building credibility and distinguishing Indian basmati rice from other world varieties. Apart from that, the high growth rate of e-commerce websites and retail chains has also increased the availability of basmati rice for customers in urban and rural areas, driving sales.
Apart from that, rising urbanization and dietary habits changes are also supporting higher consumption of higher-grade rice varieties. Apart from that, new opportunities are also being created with the arrival of value-added product ranges like ready-to-cook and flavored basmati rice. Overall, a combination of historical culinary importance, increasing global trade, improved agricultural techniques, and customer demand for premium rice types continues to propel the India basmati rice industry ahead, keeping it a critical component of the nation's agribusiness and food export economy.
An In-Depth Analysis of Prominent Companies in the Industry by IMARC Group:
• Adani Wilmar
• KRBL Limited
• LT Foods
• Tilda Basmati Rice
• India Gate Foods
• Amira Nature Foods
• Kohinoor Rice
• Matco Foods
Comprehensive Market Report Highlights & Segmentation Analysis:
Segmentation by Type of Rice:
• Parboiled
• Raw
Segmentation by Pack Size:
• Retail Packaging
• Institutional Packaging
Segmentation by Distribution Channel:
• Offline Stores
• Online Stores
Segmentation by Region:
• North India
• West and Central India
• South India
• East India
Key highlights of the Report:
• Historical Market Performance
• Future Market Projections
• Impact of COVID-19 on Market Dynamics
• Industry Competitive Analysis (Porter's Five Forces)
• Market Dynamics and Growth Drivers
• SWOT Analysis (Strengths, Weaknesses, Opportunities, Threats)
• Market Ecosystem and Value Creation Framework
• Competitive Positioning and Benchmarking Strategies
Contact Our Analysts for Brochure Requests, Customization, and Inquiries Before Purchase: https://www.imarcgroup.com/request?type=report&id=6156&flag=C
Major Advantages of the Report:
• This report provides market leaders and new entrants with accurate revenue estimates for the overall market and its key subsegments.
• Stakeholders can leverage this report to gain a deeper understanding of the competitive landscape, enabling them to strategically position their businesses and develop effective go-to-market strategies.
• The report provides stakeholders with valuable insights into the market dynamics, offering a comprehensive analysis of key drivers, restraints, challenges, and opportunities.
Why Choose IMARC Group:
• Extensive Industry Expertise
• Robust Research Methodology
• Insightful Data-Driven Analysis
• Precise Forecasting Capabilities
• Established Track Record of Success
• Reach with an Extensive Network
• Tailored Solutions to Meet Client Needs
• Commitment to Strong Client Relationships and Focus
• Timely Project Delivery
• Cost-Effective Service Options
Note: Should you require specific information not included in the current report, we are pleased to offer customization options to meet your needs.
Explore More Research Reports & Get Your Free Sample Now:
• India Spices Market Report: https://www.imarcgroup.com/india-spices-market/requestsample
• India Edible Oil Market Report: https://www.imarcgroup.com/india-edible-oil-market/requestsample
Contact Us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145
About Us:
IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.
IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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