Basmati Rice Market Report 2026

Basmati Rice Market Overview

• Basmati Rice market size has reached to $14.59 billion in 2025 • Expected to grow to $25.96 billion in 2030 at a compound annual growth rate (CAGR) of 12.2% • Growth Driver: Population Surge Fuels Expansion In Driving Growth For Basmati Rice Market • Market Trend: Introduction Of Water-Efficient And Gluten-Free Basmati Rice Varieties Revolutionizes Sustainable Farming Practices • Asia-Pacific was the largest region in 2025.

What Is Covered Under Basmati Rice Market?

Basmati rice refers to long-grained aromatic rice grown for many centuries in the Himalayan foothills of the Indian sub-continent, blessed with characteristics of extra-long slender grains that elongate at least twice their original size with a characteristics soft and fluffy texture upon cooking, delicious taste, superior aroma, and distinct flavor. It is a long-grain rice that is characterized by a light nutty flavor and floral aroma, and it’s popular in rice pilaf and as a side dish for a curry. The main types of products in basmati rice market are parboiled. Raw. And steamed. Parboiled refers to rice that has been prepared for eating after being partially precooked in its inedible husk. The different species include white, brown, and others that are distributed through convenience store, modern trade, online store, and traditional grocery stores. It is used in industrial and household applications.

What Is The Basmati Rice Market Growth Forecast?

The basmati rice market size is expected to see rapid growth in the next few years. It will grow to $25.96 billion in 2030 at a compound annual growth rate (CAGR) of 12.2%. The growth in the forecast period can be attributed to rising demand for premium packaged rice, growth in online grocery retail, increasing focus on food authenticity and certification, expanding global diaspora populations, rising adoption of sustainable rice cultivation practices. Major trends in the forecast period include increasing demand for traceable and authenticated basmati rice, growing shift toward premium and specialty grain variants, rising preference for organic and chemical-free rice production, expansion of branded packaging and value-added processing, higher consumption driven by global ethnic cuisine popularity.

Global Basmati Rice Market Segmentation

1) By Product: Parboiled, Raw, Steamed 2) By Species: White, Brown, Other Species 3) By Distribution: Convenience Store, Modern Trade, Online Store, Traditional Grocery Stores 4) By Application: Industrial, Household Subsegments: 1) By Parboiled: Long Grain Parboiled Basmati, Short Grain Parboiled Basmati 2) By Raw: White Raw Basmati, Brown Raw Basmati 3) By Steamed: White Steamed Basmati, Brown Steamed Basmati

What Is Driver Of The Basmati Rice Market?

The rising population growth is expected to propel the growth of the basmati rice market going forward. Population refers to the total number of individuals living in a specific geographical area or region at a given point in time, which is a demographic concept used to quantify the size of a community, city, country, or any other defined area. With rising population demand, basmati rice increases as it provides distinct aroma, flavor, and long grains and is often associated with higher quality and premium attributes, making it a preferred choice for consumers. For instance, in July 2024 a U.S-based, according to CBO (Congress budget office) forecasts show the foreign-born population surged by 2.6 million in 2022, with the increase expected to total 3.3 million annually in 2023 and 2024. Therefore, rising population growth is driving the growth of the basmati rice industry.

Key Players In The Global Basmati Rice Market

Major companies operating in the basmati rice market are Cargill Incorporated, Kohinoor Food Ltd., Bunge Limited, Louis Dreyfus Company B.V., HAS Rice Pakistan, ITC Limited, Ebro Foods S.A., Chamanlal Setia Exports Ltd., Unity Foods Limited, East End Foods, LT Foods Ltd., Farmers' Rice Cooperative, REI Agro Ltd., GRM Overseas Ltd., Matco Foods Ltd., Adani Wilmar Limited, Aeroplane Rice- Amir Chand Jagdish Kumar Limited, Goel International Private Limited, Dunar Foods Ltd., Amira Nature Foods Ltd., Amar Singh Chawal Wala, Lakshmi Energy & Foods Ltd., KRBL Ltd., Sulson Overseas Pvt. Ltd., Hanuman Rice Mills, Golden Food Products

Global Basmati Rice Market Trends and Insights

Major companies operating in the basmati rice market are focused on introducing advanced solutions, such as gluten-free rice, to sustain their position in the market. Gluten-free rice refers to rice that excludes the consumption of gluten, a protein found in some grains, such as wheat, barley, rye, and spelt. For instance, in May 2024, Pusa Institute, an India-based company, launched the seed sale of RobiNOweed Basmati Rice Varieties, namely, Pusa Basmati 1979 and Pusa Basmati 1985. The new varieties are designed for the Direct Seeded Rice (DSR) method, which significantly reduces water usage compared to traditional transplanting methods. Studies indicate that DSR can save approximately 33% of total water requirements, making it particularly beneficial in regions facing water scarcity due to depleting groundwater levels. The launch of Pusa Basmati 1979 and Pusa Basmati 1985 represents a significant advancement in sustainable agricultural practices within India’s Basmati rice sector. By addressing water scarcity, improving weed management, and reducing greenhouse gas emissions, these varieties not only promise economic benefits for farmers but also contribute positively to environmental sustainability.

What Are Latest Mergers And Acquisitions In The Basmati Rice Market? LT Foods Limited Acquires Nature Bio-Foods To Strengthen Organic Food Portfolio

In December 2024, LT Foods Limited, an India-based FMCG company, acquired Nature Bio-Foods Ltd. for an undisclosed amount. With this acquisition, LT Foods Limited aims to fully integrate and expand its organic food business by leveraging Nature Bio-Foods' extensive certified organic farming network and global market channels, thereby strengthening its position in the growing global organic food market and advancing its sustainable, end-to-end supply chain from farm to consumer. Nature Bio-Foods Ltd. is an India-based organic food and agriculture company that offers basmati rice.

Regional Outlook

Asia-Pacific was the largest region in the basmati rice market in 2025. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain

What Defines the Basmati Rice Market?

The basmati rice market consists of sales of dehraduni basmati, mahi sugandha, taraori basmati, and improved pusa basmati. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the Basmati Rice Market Report 2026?

The basmati rice market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the basmati rice industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.