Global Paddy Rice Market Trends

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Global Paddy Rice Market Size, Share, and Trends Analysis Report Trends

  • Food & Beverage
  • May 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

“Growing Expansion of Rice Consumption”

  • Global rice consumption is steadily increasing due to population growth, especially in Asia and Africa, where rice is a dietary staple in both urban and rural areas. Demand is further boosted by shifts toward rice-based processed foods and rising middle-class incomes
    • For instance, global domestic and residual use of rice is projected to reach a record 532.1 million tons in 2024/25 (milled basis), with India and Indonesia showing notable increases in both consumption and production over the past year
  • Emerging urbanization, changing dietary habits, and the popularity of ready-to-eat and convenience rice products in rapidly developing nations are expanding the consumer base for paddy rice
  • The expansion of premium and specialty rice varieties—such as basmati, japonica, and fragrant rice—is adding value to the market, as health and quality-conscious consumers seek differentiated products
  • E-commerce, improved logistics, and online grocery platforms are enabling greater market access and facilitating the distribution of rice across borders and to new consumer segments
  • Governments in Asia and Africa continue to implement fortification programs and food security initiatives that fuel production and consumption, counteracting market fluctuations and encouraging local self-sufficiency