Rice Market -Global Size & Upcoming Industry Trends

Rice Market Size Was Valued at USD 296.78 Billion in 2023 and is Projected to Reach USD 380.52 Billion by 2032, Growing at a CAGR of 2.8% From 2024-2032.

Rice, a starchy cereal grain and grass plant, is a staple food for about half of the world's population, including most of East and Southeast Asia. It is cooked by boiling or ground into flour and is consumed in various Asian, Middle Eastern, and other cuisines. Rice is also used in breakfast cereals, noodles, and alcoholic beverages like Japanese sake. Humans consume the majority of the world's rice crop.