India Basmati Rice Market Size, Share, Demand, Price Trends, Industry Outlook and Research Report 2025-2033

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:

Indian basmati rice market is witnessing steady growth, primarily due to increasing domestic consumption and robust demand for exports. At its core, basmati rice is highly prized for its unique fragrance, long grains, and fine taste, and is therefore a popular staple food in Indian households and a costly delicacy abroad. Apart from this, growing import demand from North American, European, and Middle Eastern nations is significantly boosting India's export potential, as Indian basmati rice enjoys a good reputation for quality and authenticity. Also, consumers' growing health consciousness is also driving demand, as basmati rice is being perceived as a relatively healthier food as it contains a low glycemic index and high fiber.

Apart from this, additional restaurants, hotels, and catering units are including basmati rice in their offerings, further enhancing growth in the food services industry. Additionally, policies of the government such as Minimum Support Price (MSP) schemes and subsidies for better irrigation and high-yielding variety seeds are boosting productivity and benefiting farmers growing basmati. Beyond this, improved processing and packaging technology is enhancing the shelf life of the product and global competitiveness.

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Moreover, demand for pesticide-free and organic basmati rice is on the rise, as those who are concerned about the environment are becoming more selective about their diet. Further, branding and GI tagging have helped create trust and differentiate Indian basmati rice from other global varieties. Besides that, the fast expansion rate of e-commerce websites and retail chains has also made basmati rice more readily available to customers in urban and rural markets, promoting sales.

Besides that, increased urbanization and changes in dietary habits are also contributing to greater consumption of superior grade rice varieties. Aside from that, new markets are also being opened with the entry of value-added product offerings such as ready-to-cook and flavored basmati rice. In total, a mix of traditional culinary significance, more global trade, enhanced agricultural practices, and consumer demand for premium rice varieties continues to drive the India basmati rice market forward, making it an important part of the country's agribusiness and food export industry.

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

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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
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• Tailored Solutions to Meet Client Needs
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Note: Should you require specific information not included in the current report, we are pleased to offer customization options to meet your needs.

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This release was published on openPR.