Global Basmati Rice Market Research Report 2021

SKU ID : QYR- 17214646

Publishing Date : 15-Jan-2021

No. of pages : 118

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  • Basmati rice has a typical pandan-like (Pandanus amaryllifolius leaf) flavour caused by the aroma compound 2-acetyl-1-pyrroline. Basmati grains contain about 0.09 ppm of this aromatic chemical compound naturally, a level that is about 12 times more than non-basmati rice varieties, giving basmati its distinctive spicy fragrance and flavour. This natural aroma is also found in cheese, fruits and other cereals. It is a flavoring agent approved in the United States and Europe, and is used in bakery products for aroma.
    The global Basmati Rice industry has a rather low concentration. The major manufacturers are concentrated in India, Pakistan and Kenya, such as KRBL, Amira Nature Foods, LT Foods, Best Foods and Kohinoor Rice. At present, KRBL is the world leader, holding 4.83% production market share in 2016.

    The global consumption of Basmati Rice increases from 8446.7 K MT in 2012 to 10545.2 K MT in 2016, at a CAGR of more than 5.70%. In 2016, the global Basmati Rice consumption market is led by Middle East and Middle East is the largest region consumption market, accounting for about 27.08% of global consumption of Basmati Rice.

    Basmati Rice downstream is wide and recently Basmati Rice has acquired increasing significance in various fields of Direct Edible and Deep Processing. Globally, the Basmati Rice market is mainly driven by growing demand for Direct Edible. Direct Edible accounts for nearly 94.72% of total downstream consumption of Basmati Rice in global.

    Basmati Rice can be mainly divided into Indian Basmati Rice, Pakistani Basmati Rice and Kenya Basmati Rice which Indian Basmati Rice captures about 76.57% of Basmati Rice market in 2016. According to our research and analysis, manufacturers from India are the major leaders in the international market of Basmati Rice.

    Global market is expected to witness significant growth on account of rising applications, so in the next few years, Basmati Rice consumption will show a trend of steady growth. In 2023 the consumption of Basmati Rice is estimated to be 17613.7.9 K MT. On product prices, the slow downward trend in recent years will maintain in the future.

    The global Basmati Rice market was valued at US$ 10290 million in 2019 and is expected to reach US$ 18320 million by the end of 2026, growing at a CAGR of 8.5% during 2021-2026.
    This report focuses on Basmati Rice volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Basmati Rice market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.

    Global Basmati Rice Market: Segment Analysis
    The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

    Segment by Type
    Indian Basmati Rice
    Pakistani Basmati Rice
    Kenya Basmati Rice
    Others

    Segment by Application
    Direct Edible
    Deep Processing

    By Region
    North America
    U.S.
    Canada
    Europe
    Germany
    France
    U.K.
    Italy
    Russia
    Asia-Pacific
    China
    Japan
    South Korea
    India
    Australia
    Taiwan
    Indonesia
    Thailand
    Malaysia
    Philippines
    Vietnam
    Latin America
    Mexico
    Brazil
    Argentina
    Middle East & Africa
    Turkey
    Saudi Arabia
    U.A.E

    By Company
    KRBL
    Amira Nature Foods
    LT Foods
    Best Foods
    Kohinoor Rice
    Aeroplane Rice
    Tilda Basmati Rice
    Matco Foods
    Amar Singh Chawal Wala
    Hanuman Rice Mills
    Adani Wilmar
    HAS Rice Pakistan
    Galaxy Rice Mill
    Dunar Foods
    Sungold

    Frequently Asked Questions



    This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

    • By product type
    • By End User/Applications
    • By Technology
    • By Region

    The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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