{"product_id":"global-basmati-rice-market-report-and-forecast-2023-2028","title":"Global Basmati Rice Market Report and Forecast 2023-2028","description":"\u003cp\u003eGlobal Basmati Rice Market Report and Forecast 2023-2028\u003cbr\u003e\nMarket Outlook\u003c\/p\u003e\n\n\u003cp\u003eAccording to the report by Expert Market Research (EMR), the global basmati rice market reached a value of USD 6.09 billion in 2022. Aided by the global demand for premium long-grain rice and the multifaceted applications of Basmati rice in various culinary traditions, the market is projected to further grow at a CAGR of 5.49% between 2023 and 2028 to reach a value of USD 8.15 billion by 2028.\u003c\/p\u003e\n\n\u003cp\u003eBasmati rice, revered for its aromatic fragrance, slender grains, and delightful taste, originates from the Indian subcontinent. It forms the cornerstone of numerous dishes, especially in South Asian, Middle Eastern, and Persian cuisines. Renowned for its nutty flavour and unique texture, Basmati rice offers more than just a culinary delight. It is rich in essential amino acids and folic acids and is also a source of low-caloric energy, making it a preferred choice for health-conscious consumers.\u003c\/p\u003e\n\n\u003cp\u003eThe escalating global inclination towards exotic and diverse culinary experiences has significantly amplified the demand for Basmati rice. Its indispensable role in quintessential dishes like biryani, pulao, and kabsa has paved the way for its popularity, not just in native regions but across the globe. As international travel and culinary tourism thrive, so does the global appetite for Basmati rice.\u003c\/p\u003e\n\n\u003cp\u003eAdditionally, the burgeoning health and wellness trend has further elevated basmati rice market growth. Unlike its counterparts, Basmati rice has a low to medium glycaemic index, which is favourable for diabetes management. Moreover, being gluten-free, it caters to the growing segment of consumers with gluten intolerances or those opting for gluten-free diets.\u003c\/p\u003e\n\n\u003cp\u003eTrade dynamics also play a pivotal role in the Basmati rice market trajectory. India and Pakistan, as primary producers and exporters, have developed robust trade relations with countries in the Middle East, Europe, and North America. The strategic positioning of these nations, combined with rigorous quality standards and branding initiatives, has boosted the basmati rice market size.\u003c\/p\u003e\n\n\u003cp\u003eAdditionally, technological advancements in agricultural practices, combined with international cooperation on trade regulations, hint at a promising future for the Basmati rice market. The introduction of sustainable farming practices, water conservation techniques, and high-yield seeds are anticipated to stabilise production rates and ensure consistent market supply.\u003c\/p\u003e\n\n\u003cp\u003eFurthermore, the expansion of organised retail, e-commerce platforms, and direct-to-consumer channels are slated to revolutionise Basmati rice's distribution dynamics. With easy access to global consumers and a platform for producers to highlight their product's authenticity and quality, these channels are expected to significantly support the basmati rice market demand.\u003c\/p\u003e\n\n\u003cp\u003eMarket Segmentation\u003c\/p\u003e \n\n\u003cp\u003eThe market can be divided based on type, nature, country of origin, end user, distribution channel, and region.\u003c\/p\u003e\n\n\u003cp\u003eMarket Breakup by Type ParboiledRawMarket Breakup by NatureWhiteBrownOthersMarket Breakup by Country of OriginIndia PakistanOthersMarket Breakup by End User RetailHoReCa and InstitutionalMarket Breakup by Distribution Channel Supermarkets and HypermarketsConvenience StoreSpeciality StoreOthersMarket Breakup by RegionNorth AmericaEuropeAsia PacificLatin AmericaMiddle East and AfricaCompetitive Landscape\u003c\/p\u003e\n\n\u003cp\u003eThe EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global basmati rice market. Some of the major players explored in the report by Expert Market Research are as follows:KRBL LimitedKohinoor Foods LimitedAdani Wilmar Limited Dunar Foods Ltd.Ebro Foods, S.A.Lundberg Family FarmsNew Bharat GroupSupple Tek Pvt LtdLT Foods LimitedHAS Rice Pakistan Latif Rice Mills Pvt. Ltd.A.I.Z Import \u0026amp; ExportOthersAbout Us\u003c\/p\u003e\n\n\u003cp\u003eAcquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.\u003c\/p\u003e\n\n\u003cp\u003eOur high-quality, data-driven analyses provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.\u003c\/p\u003e \n\n\u003cp\u003eDon't miss the opportunity to elevate your business intelligence and fortify your strategic planning. Secure your organisation's future success by acquiring one of our Expert Market Research reports today.\u003c\/p\u003e\n\n\u003cp\u003e*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.\u003c\/p\u003e","brand":"Food","offers":[{"title":"September, 2023 \/ 199 Pages \/ MCW16205036","offer_id":47565754663218,"sku":null,"price":4799.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.hardmanwell.com\/products\/global-basmati-rice-market-report-and-forecast-2023-2028","provider":"HARDMAN AND WELL MANAGEMENT CONSULTANCIES L.L.C","version":"1.0","type":"link"}