Basmati rice has a typical pandan-like (Pandanus amaryllifolius leaf) flavour caused by the aroma compound 2-acetyl-1-pyrroline. Basmati grains contain about 0.09 ppm of this aromatic chemical compound naturally, a level that is about 12 times more than non-basmati rice varieties, giving basmati its distinctive spicy fragrance and flavour. This natural aroma is also found in cheese, fruits and other cereals. It is a flavoring agent approved in the United States and Europe, and is used in bakery products for aroma.
The global Basmati Rice industry has a rather low concentration. The major manufacturers are concentrated in India, Pakistan and Kenya, such as KRBL Limited, Amira Nature Foods, LT Foods, Best Foods and Kohinoor Rice. At present, KRBL Limited is the world leader, holding 4.83% production market share in 2016.

The global consumption of Basmati Rice increases from 8446.7 K MT in 2012 to 10545.2 K MT in 2016, at a CAGR of more than 5.70%. In 2016, the global Basmati Rice consumption market is led by Middle East and Middle East is the largest region consumption market, accounting for about 27.08% of global consumption of Basmati Rice.

Basmati Rice downstream is wide and recently Basmati Rice has acquired increasing significance in various fields of Direct Edible and Deep Processing. Globally, the Basmati Rice market is mainly driven by growing demand for Direct Edible. Direct Edible accounts for nearly 94.72% of total downstream consumption of Basmati Rice in global.

Basmati Rice can be mainly divided into Indian Basmati Rice, Pakistani Basmati Rice and Kenya Basmati Rice which Indian Basmati Rice captures about 76.57% of Basmati Rice market in 2016. According to our research and analysis, manufacturers from India are the major leaders in the international market of Basmati Rice.

Global market is expected to witness significant growth on account of rising applications, so in the next few years, Basmati Rice consumption will show a trend of steady growth. In 2023 the consumption of Basmati Rice is estimated to be 17613.7.9 K MT. On product prices, the slow downward trend in recent years will maintain in the future.


According to this study, over the next five years the Basmati Rice market will register a xx% CAGR in terms of revenue, the global market size will reach USD xx million by 2024, from USD xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Basmati Rice business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Basmati Rice market by product type, application, key manufacturers and key regions and countries.

This study considers the Basmati Rice value and volume generated from the sales of the following segments-

Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Indian Basmati Rice
Pakistani Basmati Rice
Kenya Basmati Rice
Other
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Direct Edible
Deep Processing

This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
KRBL Limited
Amira Nature Foods
LT Foods
Best Foods
Kohinoor Rice
Aeroplane Rice
Tilda Basmati Rice
Matco Foods
Amar Singh Chawal Wala
Hanuman Rice Mills
Adani Wilmar
HAS Rice Pakistan
Galaxy Rice Mill
Dunar Foods
Sungold

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Basmati Rice consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Basmati Rice market by identifying its various subsegments.
Focuses on the key global Basmati Rice manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Basmati Rice with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Basmati Rice submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.