Global Organic Rice Market Size By Type (Polished glutinous rice(sticky rice), Indica(long-shaped rice)), By Application (Direct edible, Deep processing), By Region, And Segment Forecasts, 2023 to 203...

Report Id: 20700 | Published Date: Nov 2024 | No. of Pages: | Base Year for Estimate: Nov 2024 | Format:


The Global Organic Rice Market, valued at USD 4.8 billion in 2023, is anticipated to grow significantly, reaching over USD 8.3 billion by 2031, with a CAGR of 6.8% during the forecast period. This growth is driven by increasing consumer demand for organic and sustainable food options, heightened awareness of health benefits associated with organic products, and government initiatives supporting organic farming practices. Organic rice, free from synthetic pesticides and fertilizers, is gaining popularity among health-conscious consumers, especially in North America, Europe, and the Asia-Pacific region, where demand is intensifying.

Drivers:

Rising Health Awareness: Consumers are increasingly opting for organic rice due to its perceived health benefits, including reduced exposure to chemicals and improved nutritional content.

Sustainability Concerns: As environmental concerns grow, consumers are supporting sustainable agricultural practices, which benefit the organic rice market.

Government Support for Organic Farming: Various governments are incentivizing organic farming through subsidies and certifications, further stimulating the market.

Restraints:

High Production Costs: Organic rice production can be costlier due to labor-intensive practices and certification requirements, potentially leading to higher retail prices.

Limited Awareness in Emerging Markets: While demand is strong in developed economies, emerging markets may face challenges due to lower awareness and affordability issues.

Opportunity:

Expansion in Emerging Markets: As awareness about organic food benefits spreads in developing regions, these markets offer considerable growth potential.

Innovations in Organic Farming: Advancements in sustainable farming techniques and bio-fertilizers present opportunities for reducing costs and enhancing yield quality.

Market by Type Insights:

The Long-Grain Organic Rice segment dominated the market in 2023, driven by its popularity in North American and Asian cuisines. This type is expected to maintain its leading position as consumer preferences lean towards high-quality, aromatic varieties. Short-Grain Organic Rice is also witnessing growing demand, especially in regions like Japan and Korea, where it is a staple.

Market by End-use Insights:

In 2023, the Household segment accounted for the largest share due to rising home consumption of organic rice as part of a healthy diet. The Food Service segment, including restaurants and catering services, is also seeing substantial growth, fueled by consumer demand for organic options when dining out.

Market by Regional Insights:

Asia-Pacific held the largest market share in 2023, attributed to the region’s extensive rice production and growing export of organic rice, particularly from countries like India, Thailand, and Vietnam. North America is expected to register the highest growth rate, driven by increasing health consciousness and dietary trends favoring organic foods.

Competitive Scenario:

Key players in the Global Organic Rice Market include Lundberg Family Farms, Nature’s Path Foods, Inc., Daawat Foods Ltd., Amira Nature Foods Ltd., and Yanmar Co., Ltd. Companies are focusing on product diversification, organic certification, and expanding distribution networks to enhance market reach. Notable developments include Lundberg Family Farms expanding its organic rice line to include new varieties and Daawat Foods Ltd. partnering with regional distributors to enhance its market presence.

Scope of Work – Global Organic Rice Market

Report Metric

Details

Market Size (2023)

USD 4.8 billion

Projected Market Size (2031)

USD 8.3 billion

CAGR (2023-2031)

6.8%

Key Segments Covered

Type (Long-Grain, Short-Grain, etc.), End-use (Household, Food Service)

Major Growth Drivers

Rising Health Awareness, Sustainability Concerns, Government Support

Market Opportunities

Expansion in Emerging Markets, Innovations in Organic Farming

Key Market Developments:

2023: Lundberg Family Farms expanded its organic product line to include aromatic and long-grain varieties targeting health-conscious consumers in North America.

2024: Nature’s Path Foods, Inc. introduced a new line of organic rice products enriched with additional nutrients to cater to dietary preferences in Europe.

2025: Daawat Foods Ltd. secured an agreement with a leading U.S. retailer to distribute its premium organic rice, strengthening its North American market footprint.

FAQs:

What is the current market size of the Global Organic Rice Market?

The market was valued at USD 4.8 billion in 2023.

What is the major growth driver of the Global Organic Rice Market?

Increasing health awareness and sustainability concerns are major drivers for this market.

Which is the largest region during the forecast period in the Global Organic Rice Market?

Asia-Pacific holds the largest market share, while North America is projected to grow rapidly.

Which segment accounted for the largest market share in the Global Organic Rice Market?

The Long-Grain Organic Rice segment held the largest market share in 2023.

Who are the key market players in the Global Organic Rice Market?

Key players include Lundberg Family Farms, Nature’s Path Foods, Inc., Daawat Foods Ltd., and Yanmar Co., Ltd.

This comprehensive description provides a structured, SEO-friendly overview of the Global Organic Rice Market, highlighting its growth prospects, competitive landscape, and regional insights. 

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