Basmati rice has a typical pandan-like Pandanus amaryllifolius leaf flavor caused by the aroma compound 2-acetyl-1-pyrroline. Basmati grains contain about 0.09 ppm of this aromatic chemical compound naturally, a level that is about 12 times more than non-basmati rice varieties, giving basmati its distinctive spicy fragrance and flavor. This natural aroma is also found in cheese, fruits, and other cereals. It is a flavoring agent approved in the United States and Europe and is used in bakery products for aroma.
The global Basmati Rice industry has a rather low concentration. The major manufacturers are concentrated in India, Pakistan, and Kenya, such as KRBL Limited, Amira Nature Foods, LT Foods, Best Foods, and Kohinoor Rice. At present, KRBL Limited is the world leader, holding a 4.83% production market share in 2016.
The global consumption of Basmati Rice increases from 8446.7 K MT in 2012 to 10545.2 K MT in 2016, at a CAGR of more than 5.70%. In 2016, the global Basmati Rice consumption market is led by the Middle East and the Middle East is the largest region consumption market, accounting for about 27.08% of global consumption of Basmati Rice.
Basmati Rice downstream is wide and recently Basmati Rice has acquired increasing significance in various fields of Direct Edible and Deep Processing. Globally, the Basmati Rice market is mainly driven by growing demand for Direct Edible. Direct Edible accounts for nearly 94.72% of total downstream consumption of Basmati Rice in global.
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Basmati Rice can be mainly divided into Indian Basmati Rice, Pakistani Basmati Rice and Kenya Basmati Rice which Indian Basmati Rice captures about 76.57% of the Basmati Rice market in 2016. According to our research and analysis, manufacturers from India are the major leaders in the international market of Basmati Rice.
The report forecasts the global Basmati Rice market to grow to reach $$ Million USD in 2019 with a CAGR of –% during the period 2020-2025.
This report presents a comprehensive overview, market shares, and growth opportunities of the Basmati Rice market by product type, application, key manufacturers and key regions and countries.
Market Segment as follows:
By Region
Key Companies
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