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India Basmati Rice Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The India basmati rice market is expected to exhibit a CAGR of 1.30% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Basmati rice refers to a unique species of long grain aromatic rice originating in the Indian subcontinent. It is commonly available in white and brown varieties and has a floral aroma and a nutty flavor. Additionally, basmati rice is rich in vitamins, fibers, zinc, copper, calcium, magnesium, potassium, carbohydrates, etc., and contains lower amounts of sodium. Owing to the presence of these nutrients and its distinct taste, basmati rice is utilized as a primary ingredient in the preparation of a vast array of rice-based dishes across India.

 

 
 

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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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India Basmati Rice Market Trends:

The growing consumer preferences for long-grain specialty rice variants owing to their superior characteristics in terms of quality, aroma, and flavor are primarily driving the India basmati rice market. Moreover, the rising consumption of brown basmati rice due to its low-fat content and high nutritional value is acting as another significant growth-inducing factor. In addition to this, the increasing adoption of basmati rice in the food and beverage sector for the preparation of various traditional Indian cuisines, such as biryani, desserts, pilafs, etc., is also fueling the market growth. Furthermore, the escalating export demand for basmati rice in different parts of the world, especially in the Middle East region, is creating a positive outlook for the market in India. In line with this, the introduction of favorable trade policies and licensing procedures for agricultural exports is propelling the Indian market for basmati rice. Moreover, the Government of India is also launching several initiatives for boosting domestic production and enhancing the storage capacity of basmati rice, thereby further bolstering the regional market. For instance, the Agricultural and Processed Food Products Export Development Authority (APEDA) and Basmati Export Development Foundation (BEDF) have collaborated to sensitize the farmers and assist the state governments in improving basmati rice cultivation. Besides this, various leading key players are adopting innovative packaging solutions in the form of small-size and affordable packets and zip-lock and flexible pouches for convenient usage, which is also augmenting the product demand. Furthermore, the elevating utilization of advanced technologies and farm management practices for the production and post-harvest handling of basmati rice is anticipated to drive the India basmati rice market over the forecasted period.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the India basmati rice market report, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on type of rice, pack size and distribution channel.

Breakup by Type of Rice:

 

 
 

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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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  • Parboiled
  • Raw
     

Breakup by Pack Size:

  • Retail Packaging
  • Institutional Packaging
     

Breakup by Distribution Channel:

  • Offline Stores
  • Online Stores
     

Breakup by Region:

  • North India
  • West and Central India
  • South India
  • East India
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units Billion INR
Segment Coverage Type of Rice, Pack Size, Distribution Channel, Region
Region Covered North India, West and Central India, South India, East India
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the India basmati rice market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the India basmati rice market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type of rice?
  • What is the breakup of the market based on the pack size?
  • What is the breakup of the market based on the distribution channel?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the India basmati rice market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    India Basmati Rice Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Type of Rice
    6.1    Parboiled
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Raw
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by Pack Size
    7.1    Retail Packaging
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Institutional Packaging
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by Distribution Channel
    8.1    Offline Stores  
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Online Stores
        8.2.1 Market Trends
        8.2.2 Market Forecast 
9    Market Breakup by Region
    9.1    North India
        9.1.1 Market Trends
        9.1.2 Market Breakup by State
        9.1.3 Market Forecast
    9.2    West and Central India
        9.2.1 Market Trends
        9.2.2 Market Breakup by State
        9.2.3 Market Forecast
    9.3    South India
        9.3.1 Market Trends
        9.3.2 Market Breakup by State
        9.3.3 Market Forecast
    9.4    East India
        9.4.1 Market Trends
        9.4.2 Market Breakup by State
        9.4.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Policy and Regulatory Landscape
15    Competitive Landscape

    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players

List of Figures

Figure 1: India: Basmati Rice Market: Major Drivers and Challenges
Figure 2: India: Basmati Rice Market: Sales Value (in Billion INR), 2016-2021
Figure 3: India: Basmati Rice Market Forecast: Sales Value (in Billion INR), 2022-2027
Figure 4: India: Basmati Rice Market: Breakup by Type of Rice (in %), 2021
Figure 5: India: Basmati Rice Market: Breakup by Pack Size (in %), 2021
Figure 6: India: Basmati Rice Market: Breakup by Distribution Channel (in %), 2021
Figure 7: India: Basmati Rice Market: Breakup by Region (in %), 2021
Figure 8: India: Basmati Rice (Parboiled) Market: Sales Value (in Million INR), 2016 & 2021
Figure 9: India: Basmati Rice (Parboiled) Market Forecast: Sales Value (in Million INR), 2022-2027
Figure 10: India: Basmati Rice (Raw) Market: Sales Value (in Million INR), 2016 & 2021
Figure 11: India: Basmati Rice (Raw) Market Forecast: Sales Value (in Million INR), 2022-2027
Figure 12: India: Basmati Rice (Retail Packaging) Market: Sales Value (in Million INR), 2016 & 2021
Figure 13: India: Basmati Rice (Retail Packaging) Market Forecast: Sales Value (in Million INR), 2022-2027
Figure 14: India: Basmati Rice (Institutional Packaging) Market: Sales Value (in Million INR), 2016 & 2021
Figure 15: India: Basmati Rice (Institutional Packaging) Market Forecast: Sales Value (in Million INR), 2022-2027
Figure 16: India: Basmati Rice (Offline Stores) Market: Sales Value (in Million INR), 2016 & 2021
Figure 17: India: Basmati Rice (Offline Stores) Market Forecast: Sales Value (in Million INR), 2022-2027
Figure 18: India: Basmati Rice (Online Stores) Market: Sales Value (in Million INR), 2016 & 2021
Figure 19: India: Basmati Rice (Online Stores) Market Forecast: Sales Value (in Million INR), 2022-2027
Figure 20: North India: Basmati Rice Market: Sales Value (in Million INR), 2016 & 2021
Figure 21: North India: Basmati Rice Market: Breakup by State (in %), 2021
Figure 22: North India: Basmati Rice Market Forecast: Sales Value (in Million INR), 2022-2027
Figure 23: West and Central India: Basmati Rice Market: Sales Value (in Million INR), 2016 & 2021
Figure 24: West and Central India: Basmati Rice Market: Breakup by State (in %), 2021
Figure 25: West and Central India: Basmati Rice Market Forecast: Sales Value (in Million INR), 2022-2027
Figure 26: South India: Basmati Rice Market: Sales Value (in Million INR), 2016 & 2021
Figure 27: South India: Basmati Rice Market: Breakup by State (in %), 2021
Figure 28: South India: Basmati Rice Market Forecast: Sales Value (in Million INR), 2022-2027
Figure 29: East India: Basmati Rice Market: Sales Value (in Million INR), 2016 & 2021
Figure 30: East India: Basmati Rice Market: Breakup by State (in %), 2021
Figure 31: East India: Basmati Rice Market Forecast: Sales Value (in Million INR), 2022-2027
Figure 32: India: Basmati Rice Industry: SWOT Analysis
Figure 33: India: Basmati Rice Industry: Value Chain Analysis
Figure 34: India: Basmati Rice Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: India: Basmati Rice Market: Key Industry Highlights, 2021 and 2027
Table 2: India: Basmati Rice Market Forecast: Breakup by Type of Rice (in Million INR), 2022-2027
Table 3: India: Basmati Rice Market Forecast: Breakup by Pack Size (in Million INR), 2022-2027
Table 4: India: Basmati Rice Market Forecast: Breakup by Distribution Channel (in Million INR), 2022-2027
Table 5: India: Basmati Rice Market Forecast: Breakup by Region (in Million INR), 2022-2027
Table 6: India: Basmati Rice Market: Competitive Structure
Table 7: India: Basmati Rice Market: Key Players


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