Europe Basmati Rice Market Forecast: USD 589.2 million in 2023, Featuring Growing Trends and Opportunities

Market Insights

As per recent research by MarkNtel Advisors, The Europe Basmati Rice Market size was valued at around USD 589.2 million in 2023 & is expected to reach USD 817.4 million in 2030. The market is estimated to grow at a CAGR of around 4.79% during the forecast period, i.e., 2024-30.

Europe Basmati Rice Market Driver:

Integration of Global Cuisines in Diet Boosts Basmati Rice Market in Europe – The incorporation of various global cuisines into everyday European meals has boosted the Basmati rice industry in the region. With this increasing cultural exchange, European consumers continue to seek diverse food options, including Basmati rice, which is characterized by its distinctive aroma and taste. This market trend has been depicted in the rising demand for South Asian or Middle Eastern cuisines that require Basmati rice. With ethnic restaurants and specialty grocery stores becoming more widespread across Europe, some of these foods have become more familiar to Europeans, which in turn has prompted more Europeans to use Basmati rice in their own homes.

In addition, cooking shows and food blogging sites have contributed by creating awareness in European households regarding the uses and necessity of Basmati rice. These factors contribute to the fact that basmati rice is a favored ingredient in Europe, not only because it gives a divine flavor and variety to main meals but also as a food choice for individuals who are conscious of their eating habits. As more consumers incorporate basmati rice dishes into their meals, basmati rice demand would further increase during the forecast period across this region.

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Market Segmentation and Consumer Behavior:

By Packet Weight

Upto 2 Kg- Market Size & Forecast 2019-2030F, (Thousand Tons)
1 to 5 Kg- Market Size & Forecast 2019-2030F, (Thousand Tons)
1 to 10 Kg- Market Size & Forecast 2019-2030F, (Thousand Tons)
Above 10 Kg- Market Size & Forecast 2019-2030F, (Thousand Tons)

By Origin

India- Market Size & Forecast 2019-2030F, (Thousand Tons)
Pakistan- Market Size & Forecast 2019-2030F, (Thousand Tons)

By Type

Parboiled- Market Size & Forecast 2019-2030F, (Thousand Tons)
Raw- Market Size & Forecast 2019-2030F, (Thousand Tons)

By End User

Households- Market Size & Forecast 2019-2030F, (Thousand Tons)
Commercial- Market Size & Forecast 2019-2030F, (Thousand Tons)

By Distribution Channel

Hypermarkets & Supermarkets- Market Size & Forecast 2019-2030F, (Thousand Tons)
Convenience Stores- Market Size & Forecast 2019-2030F, (Thousand Tons)
Online- Market Size & Forecast 2019-2030F, (Thousand Tons)
Others- Market Size & Forecast 2019-2030F, (Thousand Tons)

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Europe Basmati Rice Market Geographical Analysis:

By Region:

Germany
France
The UK
Italy
Spain
The Netherlands
Rest of Europe

Key Players and Competitive Strategies in the Europe Basmati Rice Market

Several prominent players dominate the Europe Basmati Rice Market, including:

Amira Nature Foods
Al Fiza Herbal
Estraco Kft.
East End Foods
Baghel Agro Industries
Shree Krishna Rice Mills
Veetee
Tizara Group
The Rice N Spice International Ltd.
Kohinoor Foods
Dawat
Surya Foods

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Questions Addressed in this Study

1.What factors are driving the Europe Basmati Rice Market growth?

2.How is the Europe Basmati Rice Market expected to grow over the next five years?

3.What are the key insights into the current trends in the Europe Basmati Rice Market?

4.What is the current size of the Europe Basmati Rice Market, and how is it projected to change in the future?

5.What is the future outlook for the Europe Basmati Rice Market in terms of technological advancements and market expansion?

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Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.