Global Paddy Rice Market, By Type (Indica, Japonica, Javanica, and Others), Nutrition (High Fiber and High Carbohydrates), Variety (Long-Grain Rice, Medium-Grain Rice, and Short-Grain Rice), Distribution Channel (Hypermarkets/Supermarket, Departmental Stores, and Others) – Industry Trends and Forecast to 2031.
Paddy Rice Market Analysis and Size
Various factors, such as population growth, dietary choices, and economic circumstances, impact the global paddy rice market. Rice is a staple food for a large part of the world's population, particularly in Asia, where it is a dietary staple. As such, demand for paddy rice remains relatively stable, driven by the need for food security and cultural preferences. There has been an increasing focus on sustainable agriculture practices and the environmental impact of rice production. This has led to a growing demand for organic and sustainably produced rice, presenting opportunities for producers who can meet these requirements.
The global paddy rice market size was valued at USD 1.81 billion in 2023 and is projected to reach USD 3.00 billion by 2031, with a CAGR of 6.50% during the forecast period of 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2024 to 2031
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Base Year
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2023
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Historic Years
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2022 (Customizable to 2016 - 2021)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Indica, Japonica, Javanica, and Others), Nutrition (High Fiber and High Carbohydrates), Distribution Channel (Hypermarkets/Supermarket, Departmental Stores, and Others)
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Countries Covered
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U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, Rest of South America
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Market Players Covered
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Barilla G. e R. Fratelli S.p.A (Italy), Sunshine Industries (India), LUXOFOOD (Indonesia), Ebro Foods, S.A. (Spian), F.lli De Cecco di Filippo (Italy), Dhula Rice Mill Private Limited (India), Skystar Exports Private Limited (India), Poseidon Overseas LLP (India), Rasi Seeds (P) Ltd, Rallis India Limited (India), J.K.AgriGenetics Ltd (India), Guard Rice Mills (India), Aamon Mahila Chasi Producer Company Limited. (India), and SL-Agritech (Philippines)
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Market Opportunities
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Market Definition
Paddy rice, often referred to as rough rice, is the unprocessed grain of rice harvested from the rice plant (Oryza sativa). It includes the rice kernel enclosed in a protective husk or hull. Paddy rice serves as the raw material for a variety of rice products, including white rice, brown rice, and parboiled rice. These different types of rice are produced through milling and processing techniques that remove the husk and, in some cases, the bran layer, to varying degrees.
Paddy Rice Market Dynamics
Drivers
- Steady Increase in Population
As populations expand, especially in regions like Asia with high rice consumption rates, the necessity for greater paddy rice production becomes critical. This is essential to guarantee food security and fulfill the dietary needs of a larger populace. The demand for staple foods such as rice continues to grow alongside the increasing population. The consistent rise in the global population serves as a major driver for the market.
- Dietary Preferences in Many Cultures
Rice is a fundamental component of diets in many cultures worldwide, valued for its nutritional content, versatility, and affordability. As global food preferences evolve, driven by health consciousness and culinary diversity, more people are adopting rice-based diets. The shift towards rice-based diets is also influenced by the growing popularity of Asian and Middle Eastern cuisines, where rice is a staple ingredient. This changing dietary landscape is driving the demand for paddy rice.
Opportunities
- Sustainable Agriculture and Farming Practices
The increasing awareness of environmental issues and the impact of conventional farming practices has led to a growing demand for sustainably produced rice. Consumers are becoming more aware of the environmental impact of the products they use and are actively seeking out environmentally friendly options. This trend has created opportunities for rice producers to adopt sustainable agricultural practices such as organic farming, integrated pest management, and water-efficient irrigation techniques. By implementing these practices, producers can reduce their environmental impact, improve soil health, and meet the growing demand for sustainably produced rice.
- Value-Added Rice Product
Value-added rice products, such as parboiled rice, rice flour, and rice bran oil, offer consumers a variety of choices and cater to different dietary needs. Producers can capitalize on this trend by diversifying their product offerings and incorporating value-added processing techniques into their operations. Producers can tap into new growth opportunities and stand out in the competitive rice market by offering a variety of value-added rice products that appeal to a broader consumer base.
Restraints/Challenges
- Extreme Weather Against Paddy Growth
Extreme weather events, such as droughts, floods, and storms, can damage rice crops, reduce yields, and disrupt supply chains. Moreover, fluctuations in temperature and rainfall can affect the scheduling of planting and harvesting, further complicating production schedules. These challenges can result in fluctuations in rice supply and prices, affecting both producers and consumers. Climate change poses a significant threat to the paddy rice market, as it can lead to unpredictable weather patterns that affect rice production.
- Pests and Diseases of Paddy Rice
Pests and diseases are constant threats to paddy rice production, as rice plants are susceptible to a variety of insects, fungi, and other pathogens. Common rice pests include the rice stem borer, rice leaf folder, and rice blast fungus, among others. If not managed effectively, these pests can diminish yields and reduce the quality of rice. Producers often rely on pesticides and cultural practices to control pests and diseases, but the emergence of resistant strains and environmental concerns about pesticide use pose ongoing challenges.
This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Developments
- In March 2024, Farmers’ Rice Cooperative (FRC), the largest grower-owned rice marketing cooperative in California, announced the launch of Exceedient Foods. This new venture is an ingredient innovation and custom production company that provides a unique vertical integration from field to final product. Exceedient Foods aims to set a new standard of traceability and food safety for the gluten-free industry. The company specializes in creating products that offer exceptional taste, texture, size, shape, and cookability for food brands, manufacturers, and consumers
- In April 2024, Vietnam is gearing up to introduce its first low-emission rice product by August of the same year. The Department of Crop Production is set to release foundational standards for these innovative rice products. Minister of Agriculture and Rural Development Le Minh Hoan is spearheading the inauguration ceremony for the Office of the Steering Committee for the Sustainable Development Project of 1 million hectares of high-quality, low-emission rice cultivation
Paddy Rice Market Scope
The market is segmented on the basis of type, nutrition, variety, and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Indica
- Japonica
- Javanica
- Others
Nutrition
- High fibre
- High nutrition
Variety
- Long-Grain Rice
- Medium-Grain Rice
- Short-Grain Rice
Distribution channel
- Hypermarkets/Supermarket
- Departmental Stores
- Others
Paddy Rice Market Regional Analysis/Insights
The market is analyzed and market size insights and trends are provided by country, type, nutrition, variety, and distribution channel as referenced above. The countries covered in the market are U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, rest of Middle East and Africa, Brazil, Argentina, and rest of South America.
Asia-Pacific is expected to dominate the market due to several factors, including the region's favorable climate and geography, the rising popularity of low-calorie and high-fiber diets, and the significant presence of key market players. Over the past twenty years, the market has experienced remarkable growth, driven by factors such as the expanding rice exports from countries such as India and China, supportive government initiatives for rice cultivation, and the increasing disposable income of the population.
North America is expected to show significant growth due to a growing preference for specialty rice varieties, such as organic and heirloom options. Consumers are placing greater value on quality, uniqueness, and sustainability in their rice preferences.
The country section of the report also provides individual market-impacting factors and changes in market regulation that affect the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends, Porter's five forces analysis, and case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of regional brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Paddy Rice Market Share Analysis
The market competitive landscape provides details of competitors. Details included are company overview, company financials, revenue generated, market potential, investment in R&D, new market initiatives, regional presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus on the market.
Some of the major market players operating in the market are:
- Barilla G. e R. Fratelli S.p.A (Italy)
- Sunshine Industries (India)
- LUXOFOOD (Indonesia)
- Ebro Foods, S.A. (Spian)
- F.lli De Cecco di Filippo (Italy)
- Dhula Rice Mill Private Limited (India)
- Skystar Exports Private Limited (India)
- Poseidon Overseas LLP (India)
- Rasi Seeds (P) Ltd, Rallis India Limited (India)
- J.K.AgriGenetics Ltd (India)
- Guard Rice Mills (India)
- Aamon Mahila Chasi Producer Company Limited. (India)
- SL-Agritech (Philippines)
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