According to the latest report by IMARC Group, titled “India Packaged Rice Market Size, Share, Industry Trends, Growth, Opportunity and Forecast 2022-2027“, 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 refers to a rice product enclosed in a small container or packet to protect it against tampering and contamination due to various physical, biological, and chemical factors. Some commonly used rice packaging includes woven bags, plastic jars, and flexible pouches. Packaging aids in the safe transportation of the rice product to the desired location while preserving its quality, taste, and aroma. In India, packaged rice has also gained immense popularity as a printing medium to convey information, such as manufacturing and expiration date, nutritional content, and price of the packaged product.
India Packaged Rice Market Trends and Drivers:
The India packaged rice market is primarily driven by the rising consumer consciousness regarding food safety and quality. Additionally, the growing inclination toward an energy-rich carbohydrate-based diet, along with elevating living standards, inflating disposable incomes, and rapid urbanization, has augmented the demand for premium and high-quality packaged rice.
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Furthermore, the leading manufacturers are launching high-grade packaged rice with sleek grains, unique aroma and taste, and prolonged shelf-life. They are also adopting innovative packaging solutions like zip-lock pouches for convenient usage and easy storage, thereby contributing to the market growth.
Other factors, including the expanding HoReCa sector, increasing penetration of organized food retail outlets, favorable government initiatives, and easy product availability, are also anticipated to propel the market growth.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
India Packaged Rice Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
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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The report has segmented the market on the basis of region, product type, packaging, pack size and distribution channel.
Market Breakup by Product Type:
Market Break up by Pack Size:
Market Breakup by Distribution Channel:
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Key highlights of the report:
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