IMARC Group, a leading market research company, has recently releases report titled “India Packaged Rice Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the India packaged rice market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How Big is the India Packaged Rice Market?

The India packaged rice market reached a volume of 10.96 Million Tons in 2021. Looking forward, IMARC Group expects the market to reach 15.33 Million Tons by 2027, exhibiting a CAGR of 6.10% during 2022-2027.

Packaged rice undergoes cleaning and processing to remove husks and added to airtight packages. It is available as cooked and uncooked rice, wherein the rice is washed, boiled, cooked, and dehydrated before packaging in containers. It is cooked in a rice cooker or microwaved before consuming with other dishes. It consists of carbohydrates, fiber, iron, thiamin, niacin, magnesium, and calcium. It is used to prepare burritos and can be paired with a wide variety of curries, fried vegetables, and meat items.

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What are the growth prospects and trends in the India packaged rice industry?

At present, the increasing demand for packaged rice, as it is one of the staple foods widely consumed, represents one of the primary factors propelling the growth of the market in India.

Besides this, the rising consumption of brown rice, as it is healthy and rich in fiber, is contributing to the growth of the market. In addition, the growing popularity of packaged rice that is parboiled or precooked, as it is convenient and eliminates the hassle of cooking, is offering a favorable market outlook in the country.

Apart from this, the rising penetration of organized food retail outlets offering different varieties of packaged rice is supporting the growth of the market in India.

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What is included in market segmentation?

The report has segmented the market into the following categories:

Market Breakup by Product Type:

• Parboiled Rice

• Basmati Rice

Market Breakup by Packaging:

• Pouches

• Woven Bags

• Others

Market Break up by Pack Size:

• 5 Kilograms

• 1 Kilogram

• Others

Market Breakup by Distribution Channel:

• General Trade: Convenience Stores/Kirana Stores

• Modern Trade: Supermarkets/Hypermarkets/Specialty Stores

• Online and E-Commerce

• Others

Market Breakup by Region:

• North India

• West and Central India

• South India

• East India

Who are the key players operating in the industry?

The report covers the major market players including: 

Adani Wilmar Ltd., Aeroplane Rice Ltd., Amira Nature Foods Ltd, Baba Naga Agro Pvt. Ltd., Balashree Foods Pvt. Ltd., Chaman Lal Setia Exports Ltd., Future Consumer Limited, Kohinoor Speciality Foods India Private Limited (McCormick & Company, Inc.), KRBL Limited, LalQilla (Amar Singh Chawal Wala), LT Foods, Patanjali Ayurved Limited, Shri Lal Mahal Group, Sriveda Sattva Pvt. Ltd., and VSR Foods.

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