Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company In response to fluctuating tariffs and geopolitical trade developments, the Rice Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
The global rice market has seen robust growth recently. The market size is projected to increase from $36.97 billion in 2024 to $40.06 billion in 2025, registering a compound annual growth rate (CAGR) of 8.4%.
The global rice market is predicted to increase to $56.32 billion by 2029, with a compound annual growth rate (CAGR) of 8.9%.
Download the Free Sample Now:The key drivers in the rice market are:
• The adoption of sustainable agriculture practices
• Adaptation to climate change effects
• Innovation in the processing of rice
• Global shifts in dietary preferences
• The rise of e-commerce and improvements in supply chain optimization.
The ricemarket covered in this report is segmented –
1) By Type: Arborio Rice, Rosematta Rice, Red Cargo Rice, Parboiled Rice, Sushi Rice, Wild Rice, Glutinous Rice, Other Types
2) By Length: Long Grain Rice, Medium Grain Rice, Short Grain Rice
3) By Color: White Rice, Brown Rice, Red Rice, Black Rice
4) By Distribution Channel: Hypermarket, Supermarket, Convenience Store, Departmental Retail Stores, Online Stores, Other Distribution Channels
5) By Application: Residential, Commercial
The key trends in the rice market are:
• Organic and specialty rice varieties are emerging as a significant trend.
• Integration of technology in farming practices shapes the future of the rice market.
• Sustainable farming and efficient water management practices are increasingly being adopted.
• Fortification and nutritional enhancement, along with rice-based snacks and alternatives are trending in the rice market.
Major players in the rice market are:
• LT Foods Ltd.
• KRBL Limited
• Ebro Foods Inc.
• Aashirvad International
• Lundberg Family Farms
• Riviana Foods Inc.
• Adani Wilmar Limited
• RiceSelect
• PlanetRice
• ConAgra Foods Inc.
• General Mills Inc.
• Carolina Plantation Rice
• Riceland Foods Inc.
• Pride India FMCG Limited
• Asia Golden Rice Co. Ltd.
• SunRice
• Veetee Rice Limited
• Kohinoor Foods Ltd.
• Chandrika Group
• Tilda Group
• Hanuman Rice Mills
• Amar Singh Chawal Wala
• Heritage Foods Limited
• Capitol Group
• Shiva Rice Mills
• Daawat
• Galaxy Rice Mills Pvt. Ltd.
• Doaba Rice Mills
Asia-Pacific was the largest region in the Rice market in 2024