Basmati Rice Market Analysis, Share And Growth 2025 To 2034
Claim 20% Off With Code ONLINE20 – Explore Market Reports Covering Trade Trends, Regulatory Changes, and Growth Insights What Is the Potential Market Growth Rate of the Basmati Rice Market? The basmati rice market size has grown rapidly in recent years. It will grow from $13.08 billion in 2024 to $14.59 billion in 2025 at a compound annual growth rate (CAGR) of 11.5%. The growth in the historic period can be attributed to culinary popularity, traditional cuisine, export demand, cultural and festive use, brand recognition, climatic conditions. The basmati rice market size is expected to see rapid growth in the next few years. It will grow to $23.1 billion in 2029 at a compound annual growth rate (CAGR) of 12.2%. The growth in the forecast period can be attributed to changing dietary preferences, health and wellness considerations, government support for agriculture, infrastructure development, promotion of geographical indications. Major trends in the forecast period include technologic...