Basmati Rice Market

The global Basmati Rice market was valued at 1028.73 Million USD in 2021 and will grow with a CAGR of 9.25% from 2021 to 2027.
The prime objective of Basmati Rice Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Basmati Rice Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
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.
By Market Verdors:

• 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

By Types:

• Indian Basmati Rice
• Pakistani Basmati Rice
• Kenya Basmati Rice

By Applications:

• Direct Edible
• Deep Processing

Key Indicators Analysed

• Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the markets competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
• Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
• Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
• Opportunities and Drivers: Identifying the Growing Demands and New Technology
• Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

• To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
• Assess the production processes, major issues, and solutions to mitigate the development risk.
• To understand the most affecting driving and restraining forces in the market and its impact in the global market.
• Learn about the market strategies that are being adopted by leading respective organizations.
• To understand the future outlook and prospects for the market.
• Besides the standard structure reports, we also provide custom research according to specific requirements