
India Packaged Rice Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Description
India Packaged Rice Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Overview:
The India packaged rice market size reached 11.7 Million Tons in 2022. Looking forward, IMARC Group expects the market to reach 16.2 Million Tons by 2028, exhibiting a growth rate (CAGR) of 5.9% during 2023-2028. The increasing adoption of advanced technology and machinery in rice processing, growing consumer consciousness regarding food safety and quality, and increasing number of lucrative export opportunities represent some of the key factors driving the market.
Packaged rice refers to rice that has been cleaned, processed, and packaged for sale and is considered as a popular food item in many parts of the world. It is usually produced in large quantities and sold in various sizes and grades and the packaging can be in the form of bags, boxes, or containers, depending on the manufacturer. Packaging process involves cleaning and processing the rice to remove the outer hull, bran, and germ layers, leaving only the starchy endosperm, resulting in grains that are usually long and slender, with a white or brownish color. This process results in a longer shelf life and reduces the need for washing before cooking. Packaged rice serves several functions, including convenience, as it requires no washing or soaking before cooking and versatility, as it can be used in a wide range of dishes. In addition to this, it is a good source of fiber, carbohydrates, and essential vitamins and minerals. Its long shelf life, affordability and consistency make it an ideal choice for many dishes.
India Packaged Rice Market Trends:
The market in India is primarily driven by the increasing adoption of advanced technology and machinery in rice processing, leading to the development of high-quality packaged rice. In line with this, the shifting consumer preference towards convenient food products is providing an impetus to the demand for packaged rice. Moreover, the growing consumer consciousness regarding food safety and quality resulting in an augmented demand for high-grade packaged rice with sleek grains, unique aroma and taste. Besides this, the increasing number of retailers offering different varieties of packaged rice via both online and offline distribution channels is impacting the market positively. The market is further fueled by the increasing demand for packaged rice in international markets, resulting in lucrative export opportunities for India packaged rice manufacturers. Apart from this, the implementation of several initiatives by the government of India to support the agricultural sector are providing a boost to the rice production and processing, which, in turn, is driving the market. Furthermore, numerous strategies adopted by key players, such as mergers and acquisitions (M&As), partnerships and collaborations to enhance their geographical presence are also creating a positive market outlook. Some of the other factors contributing to the market include rapid urbanization, increasing product premiumization, inflating disposable income levels resulting in higher purchase power, growing health consciousness among consumers, and extensive research and development (R&D) activities.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the India packaged rice market report, along with forecasts at the country and regional levels from 2023-2028. Our report has categorized the market based on product type, packaging, pack size and distribution channel.
Product Type Insights:
Parboiled Rice
Basmati Rice
The report has provided a detailed breakup and analysis of the packaged rice market based on the product type. This includes parboiled and basmati rice. According to the report, parboiled represented the largest segment.
Packaging Insights:
Pouches
Woven Bags
Others
The report has provided a detailed breakup and analysis of the packaged rice market based on the packaging. This includes pouches, woven bags, and others. According to the report, pouches represented the largest segment.
Pack Size Insights:
5 Kilograms
1 Kilogram
Others
The report has provided a detailed breakup and analysis of the packaged rice market based on the pack size. This includes 5 kilograms, 1 kilogram, and others. According to the report, 5 kilograms represented the largest segment.
Distribution Channel Insights:
General Trade: Convenience Stores/Kirana Stores
Modern Trade: Supermarkets/Hypermarkets/Specialty Stores
Online and E-Commerce
Others
A detailed breakup and analysis of the packaged rice market based on the distribution channel has also been provided in the report. This includes general trade (convenience stores/kirana stores), modern trade (supermarkets/hypermarkets/specialty stores), online and e-commerce, and others. According to the report, general trade (convenience stores/kirana stores) accounted for the largest market share.
Regional Insights:
North India
West and Central India
South India
East India
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, West and Central India, South India, and East India. According to the report, East India was the largest market for packaged rice. Some of the factors driving the East India packaged rice market included the inflating disposable income levels, shifting consumer preference towards convenient food products, increasing number of retailers offering different varieties of packaged rice, etc.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the India packaged rice market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include 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., VSR Foods., etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report
1. What was the size of the India packaged rice market in 2022?
2. What is the expected growth rate of the India packaged rice market during 2023-2028?
3. What has been the impact of COVID-19 on the India packaged rice market?
4. What are the key factors driving the India packaged rice market?
5. What is the breakup of the India packaged rice market based on the product type?
6. What is the breakup of the India packaged rice market based on the packaging?
7. What is the breakup of the India packaged rice market based on the pack size?
8. What is the breakup of the India packaged rice market based on the distribution channel?
9. What are the key regions in the India packaged rice market?
10. Who are the key players/companies in the India packaged rice market?
Table of Contents
129 Pages
- 1 Preface
- 2 Scope and Methodology
- 2.1Objectives of the Study
- 2.2Stakeholders
- 2.3Data Sources
- 2.3.1Primary Sources
- 2.3.2Secondary Sources
- 2.4Market Estimation
- 2.4.1Bottom-Up Approach
- 2.4.2Top-Down Approach
- 2.5Forecasting Methodology
- 3 Executive Summary
- 4 Introduction
- 4.1Overview
- 4.2Key Industry Trends
- 5 India Packaged Rice Market
- 5.1Market Overview
- 5.2Market Performance
- 5.3Impact of COVID-19
- 5.4Market Forecast
- 6 Market Breakup by Product Type
- 6.1Parboiled Rice
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2Basmati Rice
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 7Market Breakup by Packaging
- 7.1Pouches
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2Woven Bags
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3Others
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 8 Market Breakup by Pack Size
- 8.15 Kilograms
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.21 Kilogram
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3Others
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 9 Market Breakup by Distribution Channel
- 9.1General Trade: Convenience Stores/Kirana Stores
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2Modern Trade: Supermarkets/Hypermarkets/Specialty Stores
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3Online and E-Commerce
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4Others
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
- 10 Market Breakup by Region
- 10.1North India
- 10.1.1 Market Trends
- 10.1.2 Market Breakup by State
- 10.1.3 Market Forecast
- 10.2West and Central India
- 10.2.1 Market Trends
- 10.2.2 Market Breakup by State
- 10.2.3 Market Forecast
- 10.3South India
- 10.3.1 Market Trends
- 10.3.2 Market Breakup by State
- 10.3.3 Market Forecast
- 10.4East India
- 10.4.1 Market Trends
- 10.4.2 Market Breakup by State
- 10.4.3 Market Forecast
- 11 SWOT Analysis
- 11.1Strengths
- 11.1Weakness
- 11.3Opportunities
- 11.4Threats
- 12 Value Chain Analysis
- 13 Porters Five Forces Analysis
- 14 Pricing and Margin Analysis
- 14.1 Analysis of Price Offered by Major Players With Their SKUs
- 14.2 Margins at Various Levels of Supply Chain
- 14.3 Pricing Strategy at Entry Level
- 15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Business and Marketing Strategies
- 15.4 Key Players Profiles
- 15.4.1Adani Wilmar Ltd.
- 15.4.1.1 Company Overview
- 15.4.1.2 Product Portfolio
- 15.4.1.3 Financials
- 15.4.2Aeroplane Rice Ltd.
- 15.4.2.1 Company Overview
- 15.4.2.2 Product Portfolio
- 15.4.3Amira Pure Foods Private Limited
- 15.4.3.1 Company Overview
- 15.4.3.2 Product Portfolio
- 15.4.4Baba Naga Agro Pvt. Ltd.
- 15.4.4.1 Company Overview
- 15.4.4.2 Product Portfolio
- 15.4.5Balashree Foods Pvt. Ltd.
- 15.4.5.1 Company Overview
- 15.4.5.2 Product Portfolio
- 15.4.6Chaman Lal Setia Exports Ltd.
- 15.4.6.1 Company Overview
- 15.4.6.2 Product Portfolio
- 15.4.6.3 Financials
- 15.4.7Future Consumer Limited
- 15.4.7.1 Company Overview
- 15.4.7.2 Product Portfolio
- 15.4.7.3 Financials
- 15.4.7.4 SWOT Analysis
- 15.4.8Kohinoor Speciality Foods India Private Limited (McCormick & Company, Inc.)
- 15.4.8.1 Company Overview
- 15.4.8.2 Product Portfolio
- 15.4.9KRBL Limited
- 15.4.9.1 Company Overview
- 15.4.9.2 Product Portfolio
- 15.4.9.3 Financials
- 15.4.10LalQilla (Amar Singh Chawal Wala)
- 15.4.10.1 Company Overview
- 15.4.10.2 Product Portfolio
- 15.4.11LT Foods
- 15.4.11.1 Company Overview
- 15.4.11.2 Product Portfolio
- 15.4.11.3 Financials
- 15.4.12Patanjali Ayurved Limited
- 15.4.12.1 Company Overview
- 15.4.12.2 Product Portfolio
- 15.4.12.3 Financials
- 15.4.13Shri Lal Mahal Group
- 15.4.13.1 Company Overview
- 15.4.13.2 Product Portfolio
- 15.4.14Sriveda Sattva Pvt. Ltd.
- 15.4.14.1 Company Overview
- 15.4.14.2 Product Portfolio
- 15.4.15VSR Foods
- 15.4.15.1 Company Overview
- 15.4.15.2 Product Portfolio
Pricing
Currency Rates
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