India Rice Market Size & Outlook, 2021-2028
India rice market, 2017-2028 (US$M)
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India rice market highlights
- The India rice market generated a revenue of USD 54,466.4 million in 2021 and is expected to reach USD 65,431.5 million by 2028.
- The India market is expected to grow at a CAGR of 2.7% from 2022 to 2028.
- In terms of segment, long-grain was the largest revenue generating product in 2021.
- Medium-grain is the most lucrative product segment registering the fastest growth during the forecast period.
Rice market data book summary
| Market revenue in 2021 | USD 54,466.4 million |
| Market revenue in 2028 | USD 65,431.5 million |
| Growth rate | 2.7% (CAGR from 2021 to 2028) |
| Largest segment | Long-grain |
| Fastest growing segment | Medium-grain |
| Historical data | 2017 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Long-grain, Medium-grain, Short-grain |
| Key market players worldwide | Kohinoor Foods, Adani Wilmar, KRBL Limited, LT Foods, Aeroplane Basmati Rice, Gautam General Trading, Shriram Food Industry |
Other key industry trends
- In terms of revenue, India accounted for 18.9% of the global rice market in 2021.
- Country-wise, China is expected to lead the global market in terms of revenue in 2028.
- In Asia Pacific, China rice market is projected to lead the regional market in terms of revenue in 2028.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 65,431.5 million by 2028.
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Rice Market Scope
Rice Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
India rice market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to rice market will help companies and investors design strategic landscapes.
Long-grain was the largest segment with a revenue share of 63.38% in 2021. Horizon Databook has segmented the India rice market based on long-grain, medium-grain, short-grain covering the revenue growth of each sub-segment from 2017 to 2028.
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of India rice market databook
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Our clientele includes a mix of rice market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India rice market , including forecasts for subscribers. This country databook contains high-level insights into India rice market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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India rice market size, by product, 2017-2028 (US$M)
India Rice Market Outlook Share, 2021 & 2028 (US$M)
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