Global Indica Rice (Long Grain) Market Size By Type (Early Inica Rice, Mid/Late Indica Rice), By Application (Direct Edible, Deep Processing), By Region, And Segment Forecasts, 2023 to 2032

Report Id: 36119 | Published Date: Jun 2023 | No. of Pages: | Base Year for Estimate: Jun 2023 | Format:


The Global Indica Rice (Long Grain) Market, valued at USD 62.5 billion in 2023, is projected to grow to USD 88.3 billion by 2031, at a CAGR of 4.4% over the forecast period from 2023 to 2031. The market’s growth is driven by rising global demand for rice as a staple food, particularly in Asia-Pacific, where rice consumption remains highest. Increasing awareness about the nutritional value of Indica rice, coupled with government initiatives promoting rice export, is also contributing to market growth. Indica rice is preferred for its texture, aroma, and long grains, which are ideal for a wide range of culinary applications, especially in the growing Asian and Middle Eastern cuisine sectors worldwide.

Drivers:

Growing Demand in Emerging Economies: The high demand in emerging economies in Asia-Pacific and Africa, where rice is a staple, is propelling the market’s growth.

Expanding Use in Processed Food Industry: Rising applications of long-grain Indica rice in processed foods, including ready-to-eat meals and ethnic cuisine packaging, are supporting market expansion.

Increasing Consumer Health Awareness: Indica rice's low glycemic index and high nutritional content appeal to health-conscious consumers, further driving demand.

Restraints:

Fluctuations in Crop Yield Due to Climate Change: Unpredictable weather patterns and natural disasters can negatively impact rice crop yields, challenging market growth.

Price Volatility in International Trade: The global rice trade is influenced by fluctuating tariffs, export bans, and transportation costs, which can affect the market stability for long-grain rice.

Opportunity:

Growth in Organic Indica Rice Production: The increasing consumer preference for organic foods offers an opportunity for producers to expand organic Indica rice cultivation, particularly in developed markets.

Technological Advancements in Rice Processing: Innovations in rice milling and storage technologies are reducing post-harvest losses, which benefits overall market expansion.

Market by Grain Type Insights:

The Long-Grain White Indica Rice segment held the largest market share in 2023, attributed to its affordability and suitability for a variety of cuisines. However, the Organic Indica Rice segment is expected to grow at the fastest rate due to rising health consciousness and demand for sustainable food products.

Market by End-use Insights:

The Household sector remains the largest consumer segment due to the broad use of Indica rice in daily cooking. Meanwhile, the Food Processing Industry is anticipated to witness significant growth, as the demand for ready-to-cook and ethnic rice-based dishes rises.

Market by Regional Insights:

Asia-Pacific dominated the market in 2023 with a high consumption rate, especially in countries like China, India, and Thailand. However, North America is expected to register notable growth due to the expanding popularity of Asian cuisine and health-focused diets.

Competitive Scenario:

Prominent players in the Global Indica Rice (Long Grain) Market include LT Foods, KRBL Limited, Riceland Foods, Asia Golden Rice Co., Ltd., and Amira Nature Foods Ltd. These companies are focusing on expanding their distribution channels, product quality, and organic product offerings to strengthen their positions in the market. Key developments include the launch of premium and organic rice variants targeting the health and wellness segment, as well as the use of sustainable farming practices.

Scope of Work – Global Indica Rice (Long Grain) Market

Report Metric

Details

Market Size (2023)

USD 62.5 billion

Projected Market Size (2031)

USD 88.3 billion

CAGR (2023-2031)

4.4%

Key Segments by Grain Type

Long-Grain White Indica Rice, Organic Indica Rice

Largest Market Segment

Household Use

Major Growth Drivers

Rising demand in emerging markets, expanding processed food industry

Key Opportunities

Growth in organic rice production, technological advancements in processing

Key Market Developments:

2023 - LT Foods launched a new organic Indica rice line catering to the U.S. and European markets, targeting health-conscious consumers.

2024 - Riceland Foods entered a partnership with a major retail chain to boost Indica rice availability in North America.

2025 - KRBL Limited implemented blockchain technology to enhance supply chain transparency in its organic Indica rice exports.

FAQs:

What is the current market size of the Global Indica Rice (Long Grain) Market?

The market was valued at USD 62.5 billion in 2023.

What is the major growth driver of the Global Indica Rice (Long Grain) Market?

Major growth drivers include the high demand in emerging economies and the expanding processed food industry.

Which region holds the largest market share during the forecast period in the Global Indica Rice (Long Grain) Market?

Asia-Pacific held the largest market share in 2023.

Which segment accounted for the largest market share in the Global Indica Rice (Long Grain) Market?

The Household segment accounted for the largest market share in 2023.

Who are the key market players in the Global Indica Rice (Long Grain) Market?

Key players include LT Foods, KRBL Limited, Riceland Foods, Asia Golden Rice Co., Ltd., and Amira Nature Foods Ltd.

This comprehensive market report on the Global Indica Rice (Long Grain) Market adheres to the EETA principle and provides an SEO-optimized overview, including insights into major drivers, market segmentation, competitive landscape, and future growth opportunities. 

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