Rice Market Report 2026

Rice Market Overview

• Rice market size has reached to $40.06 billion in 2025 • Expected to grow to $61.3 billion in 2030 at a compound annual growth rate (CAGR) of 8.9% • Growth Driver: The Role Of A Thriving Food And Restaurant Sector In Fueling The Rice Market Growth • Market Trend: Innovations in the Rice Market Rice Biotech Launches Accelerator for Health and Medical Technologies • Asia-Pacific was the largest region in 2025 and North America is the fastest growing region.

What Is Covered Under Rice Market?

Rice refers to a kind of cereal grain that serves as the main fuel source because it is a complex carb. Rice can include a significant amount of protein, iron, manganese, fiber, and vitamin B. It can be highly important in combating malnutrition. The main types of rice are arborio rice, rosematta rice, red cargo rice, parboiled rice, sushi rice, wild rice, glutinous rice, and others. Arborio rice refers to an Italian short-grain rice that is mostly used to make risotto the traditional way. The length of rice are long grain rice, medium grain rice, and short grain rice, with color texture in white rice, brown rice, red rice, and black rice. These are sold through various distribution channels such as hypermarkets, supermarkets, convenience stores, departmental retail stores, online stores, and others, and are used for residential and commercial applications.

What Is The Rice Market Growth Forecast?

The rice market size is expected to see strong growth in the next few years. It will grow to $61.3 billion in 2030 at a compound annual growth rate (CAGR) of 8.9%. The growth in the forecast period can be attributed to rising demand for nutritionally enhanced rice, increasing adoption of climate-resilient rice varieties, expansion of organic rice farming, growing investments in modern milling infrastructure, rising focus on traceable food supply chains. Major trends in the forecast period include increasing adoption of fortified rice varieties, rising demand for specialty and premium rice types, growing focus on sustainable rice cultivation practices, expansion of value-added rice products, improved post-harvest processing techniques.

Global Rice Market Segmentation

1) By Type: Arborio Rice, Rosematta Rice, Parboiled Rice, Sushi Rice, Glutinous Rice 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 Subsegments: 1) By Arborio Rice: Short-Grain Arborio, Medium-Grain Arborio 2) By Rosematta Rice: White Rosematta, Red Rosematta 3) By Parboiled Rice: Long-Grain Parboiled, Medium-Grain Parboiled, Short-Grain Parboiled 4) By Sushi Rice: Short-Grain Sushi Rice, Medium-Grain Sushi Rice 5) By Glutinous Rice: Sweet Glutinous Rice, Regular Glutinous Rice

What Is The Driver Of The Rice Market?

A growing food and restaurant sector is expected to propel the growth of the rice market going forward. The food and restaurant sector refers to an industry that includes business that provides food to customers outside the house. This comprises eating establishments, takeout businesses, cafeterias, and restaurants. Rice is a frequent food essential for the food security of more than half the world's population, so an increasing food and restaurant sector will propel the rice market. For instance, in February 2023, according to a report published by National Restaurant Association, a US-based restaurant industry business association, the foodservice industry is expected to generate $997 billion in sales in 2023, a significant increase from the $898 billion in sales predicted in 2022. Therefore, the growing food and restaurant sector is driving the growth of the rice industry.

What Is The Driver Of The Rice Market?

A growing food and restaurant sector is expected to propel the growth of the rice market going forward. The food and restaurant sector refers to an industry that includes business that provides food to customers outside the house. This comprises eating establishments, takeout businesses, cafeterias, and restaurants. Rice is a frequent food essential for the food security of more than half the world's population, so an increasing food and restaurant sector will propel the rice market. For instance, in February 2023, according to a report published by National Restaurant Association, a US-based restaurant industry business association, the foodservice industry is expected to generate $997 billion in sales in 2023, a significant increase from the $898 billion in sales predicted in 2022. Therefore, the growing food and restaurant sector is driving the growth of the rice industry.

Global Rice Market Trends and Insights

Major companies operating in the rice market are developing innovative products, such as rice-blend products, to meet larger customer bases, more sales, and increase revenue. Rice-blend products refer to food items that combine various types or varieties of rice, often mixed with other grains, seeds, or ingredients to create a diverse and flavorful blend. For instance, In September 2023, Rice Biotech, a U.S.-based entity focused on translating health and medical technology discoveries into practical treatments, launched the Launch Pad accelerator. This initiative, supported by Rice University, aims to fast-track medical and health innovations by providing critical resources, including mentorship, funding, and access to industry networks. The primary objective of the accelerator is to turn biotech research into commercialized solutions, specifically targeting early-stage startups and researchers, thus helping them bring their discoveries to market more efficiently.

What Are Latest Mergers And Acquisitions In The Rice Market?

In August 2024, Benford Capital Partners, a US-based private equity firm, acquired Turri's Italian Foods for an undisclosed amount. With this acquisition, Benford Capital aims to expand its footprint in the value-added food ingredients sector by enhancing Turri's production capabilities and pursuing add-on acquisitions in pasta and rice manufacturing. Turri's Italian Foods is a US-based manufacturer of individually quick frozen (IQF) pasta and rice products.

Regional Outlook

Asia-Pacific was the largest region in the Rice market in 2025. North America is expected to be the fastest-growing region in the rice market report during the forecast period. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Italy, Spain, Canada

What Defines the Rice Market?

The rice market consists of calrose rice, rose matta rice, cialone nano rice. 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 Rice Market Report 2026?

The 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 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.