How Big is the Europe Basmati Rice Market?

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. The European countries show improvements in the demand for Basmati rice because of two demographic factors, namely population growth and an increasing influx of tourists and immigrants. These shifts have been establishing a broader population of consumers with varied culinary tastes who require uniquely aromatic and flavorful rice like Basmati rice. As a result of multiculturalism and people from all over the world immigrating to Europe, the consumption of ethnic foods has also increased, especially those originating from the subcontinent, where rice is a staple food, particularly basmati. This rice type is used in some popular recipes like biryanis as well as pilafs, and these foods are becoming standards for European dining and retail settings.

Market Statistics

  • Market Size in 2023: USD 589.2 million
  • Market Size By 2030: USD 817.4 million
  • Market Growth Rate (CAGR): 4.79% from 2024-2030

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Europe Basmati Rice Market Insight:

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.

 Europe Basmati Rice Market Segmentation:

The report has segmented the market into the following categories:

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)

By Country

  • Germany
  • France
  • The UK
  • Italy
  • Spain
  • The Netherlands
  • Rest of Europe

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Competitive Landscape:

  • 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
  •  

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.

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Key Highlights of the Report:

  • Market Performance (2024-2030)
  • Strategic Recommendations
  • Current, Historical and Future Market Trends
  • Market Drivers and Leading Competitor
  • SWOT Analysis
  • Structure of the Market
  • Comprehensive Mapping and Recent Advancement

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