India Rice Market - Growth and Trends, Forecast to (2020 - 2025)

The production, consumption, price trend and trade analysis of the rice in India is provided in detail in terms of value and volume.

Market Snapshot

Study Period:

2016-2025

Base Year:

2019

CAGR:

2.7 %

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Market Overview

The rice production in India was 172.8 million metric tons in 2018 and is projected to register a CAGR of 2.7% during the forecast period, 2020-2025.India is the second-largest rice producer in the world after China, with more than 11% of the global production share. The rice production has increased by 3.5 times in the last 60 years. The country’s productivity is higher than Thailand and Pakistan .Major rice producing states in India are West Bengal, Uttar Pradesh, Andhra Pradesh, Punjab, Tamil Nadu, Odisha, and Bihar.

Scope of the Report

Rice is the most important cereal food crop of India, occupying one-fourth of the gross cropped area of the country. As the basic food crop, rice is cultivated comfortably in hot and humid climate. In the country, the crop is mainly grown as a Kharif crop in rainfed areas that receive heavy annual rainfall.

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Key Market Trends

Increasing Rice Exports

India has been the top exporter in global rice trade, accounting for more than 20% of the export in the last four years. Indian rice caters to the Middle East and Africa for non-Basmati and the EU and the US for Basmati variety. With the increasing demand for rice globally, exports are increasing from India. This factor is helping to enhance the production capacities of rice in India which in turn increasing the rice market in India.

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Enhancing Production Capacities

India is one of the top ten rice-producing countries in the Asia-Pacific, which is endowed with a wet environment suitable for rice cultivation. Rice-based farming is the main economic activity for hundreds of millions of poor rural farmers in the region. The major rice varieties grown in India include parboiled rice, broken rice, Sella rice, Swarna rice, Sona masoori rice with a share value of 12.9%, 5.3%, 2.2%, 1.5%, and 1% respectively. It is famous for both basmati and non-basmati rice production. The area under rice cultivation is being enhanced in order to increase the overall production.

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Table Of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Introduction to Market Drivers and Restraints

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 PESTLE Analysis

    5. 4.5 Value Chain Analysis

  5. 5. MARKET SEGMENTATION

    1. 5.1 Production Analysis

    2. 5.2 Consumption Analysis

    3. 5.3 Import Market Analysis (Volume and Value)

    4. 5.4 Export Market Analysis (Volume and Value)

    5. 5.5 Price Trend Analysis

  6. 6. MARKET OPPORTUNITIES AND FUTURE TRENDS

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