India Rice Market Overview, 2022-2028

India Rice Market Overview, 2022-2028

The report titled India Rice Market (Domestic & Export), By Packaging (Packed), By Company, By Region (State & City), By Sales Channel (Traditional & Departmental Stores, Supermarket / Hypermarket, Online) Market Overview, 2022-2028 gives a complete evaluation of the present market status of packed rice market. This report provides an all-round description of the market with comprehensive historical and forecasted analysis of the market. Rice is an outstanding staple food in Indian market which is grown throughout the year heaving region-wise favourable rice growing seasons. Eastern, North-eastern and Southern are major rice-producing region because of a pleasant climate throughout the year. India is among the top five rice-producing nations which include China, Indonesia, Bangladesh and Vietnam in the list. Indian rice market is primarily dominated by unorganised sector because of the presence of several local players and the easy availability of rice through small retail stores which are also called as Kirana stores. The organised industry has started making a mark in the last couple of years as the targeting Tire 1 and 2 cities where the urbanisation has increased. The report consists of a various segment of the rice market in India like basmati, packed and further segmented into its types. There is a complete trade analysis with current market trends. This will help with a market share of top-performing companies present in the competition.

India's rice production, as well as the consumption, has increased over the years and also there is an involvement of many top companies which have evolved the organised rice industry. Along with the production, India is also the top rice exporting. Overall India's rice export is dominated by basmati rice as India being the highest producer of basmati rice globally. Iran and Saudi Arab are the largest importer of basmati rice from India and contribute the highest value share in India's overall basmati rice export. Indian domestic rice market has grown at the CAGR of above 1.5% from in the last five years. Domestically in India's rice market non-basmati rice holds the more significant portion as compare to basmati rice as the production of basmati rice is limited to only several states but is considered in the premium segment of rice. The unorganised dominated market is now shifting towards an organised market due to consumer awareness, and increasing urbanization are playing an essential role in developing the packed rice market in India. Packed rice market in India is highly dominated by basmati rice and with the new health rice segments like brown rice and organic rice whose demand have increased in recent years.

Prominent companies operating in packed rice sector are KRBL, LT foods, Kohinoor foods, Amir Chand Jagdish Kumar (Export) Ltd, Adani Wilmar limited. The leading packed rice brands are India Gate, Dawaat, Kohinoor and Aeroplane. Private label brands like Big Basket, Amazon, Flipkart, and Grofers are trying their hands in this sector plus the edible oil sector like Fortune brand have started penetrating in this sector.

Considered in this report
Geography: India
Base Year: FY 2021-22
Estimated Year: FY 2022-23
Forecast Year: FY 2027-28

Objective of the report:
• To give detailed overview of Indian rice market
• To provide market size and forecast of global rice market by value and volume
• Analysis and forecast of Indian rice market by value and volume
• Analysis and forecast of Indian domestic rice market by value and volume
• Analysis and forecast of Indian domestic packed rice market by value and volume
• Profile of leading players in Indian rice market

Scope of the report:
• India rice market by value & volume with forecast
• India rice production by state
• India domestic rice market by value & volume with forecast
• India domestic packed rice market by value & volume with forecast
• India domestic packed rice market share by company
• India domestic packed rice market share by state
• India domestic packed rice market share by sales Channel
• India domestic packed rice market share by rice Type
• India Domestic packed rice market share by packaging (Kgs)
• India white rice market by value & volume with forecast
• India brown rice market by value & volume with forecast
• India organic rice market by value & volume with forecast
• India rice market product price & variant analysis
• India rice market import export analysis
• Company Profile

Approach of the report:

This report consists of combine approach of primary as well as secondary research. Initially secondary research was used in order to get the understanding of the market and listing out the companies that are present into the market. The secondary research consist of third party sources such as press release, annual report of companies, analysing the government generated reports and databases. After gathering the data's from secondary sources primary research was conducted by making telephonic interviews to the local players about how the market is functioning at the ground level and verifying the details obtained from secondary sources. After completion of all the research process value data of the market were analysed and forecasted for the future years.

Intended audience
This report can be useful to Industry consultants, manufacturers, suppliers, associations & organizations related to mattress industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.