Market overview
The global rice market is worth USD 433 bn in 2026 and is forecast to reach USD 581 bn by 2036, growing at a 3.0% CAGR. China is the largest country market and Long-grain white rice is the largest by type segment.
| Scope | Milled rice sold for human consumption worldwide, including long-grain, medium-grain, short-grain, aromatic and parboiled rice, measured at consumer-level value. |
|---|---|
| Industry | Food and Beverage |
| Value 2025 | USD 420 bn |
| Value 2026 | USD 433 bn |
| Value 2036 | USD 581 bn |
| CAGR 2026-2036 | 3.0% |
| Volume 2026 | 538 million tonnes |
| Volume 2036 | 623 million tonnes |
| Average price 2026 | USD 804 per tonne |
| Report price | Starts from USD 1,999 |
| Published | November 2026 |
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Rice market size and forecast, 2026-2036
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Year | Market value |
|---|---|
| 2026 | USD 433 bn |
| 2027 | USD 446 bn |
| 2028 | USD 459 bn |
| 2029 | USD 473 bn |
| 2030 | USD 487 bn |
| 2031 | USD 502 bn |
| 2032 | USD 517 bn |
| 2033 | USD 532 bn |
| 2034 | USD 548 bn |
| 2035 | USD 564 bn |
| 2036 | USD 581 bn |
Rice market segmentation
By type
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Long-grain white rice | 50.0% | 48.1% | USD 216 bn | 2.6% |
| Aromatic rice | 16.0% | 18.7% | USD 69.2 bn | 4.6% |
| Medium and short-grain rice | 22.0% | 21.2% | USD 95.2 bn | 2.6% |
| Parboiled rice | 12.0% | 12.1% | USD 51.9 bn | 3.1% |
By channel
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Retail and household | 74.0% | 71.7% | USD 320 bn | 2.7% |
| Food service | 18.0% | 20.0% | USD 77.9 bn | 4.1% |
| Industrial and processing | 8.0% | 8.3% | USD 34.6 bn | 3.4% |
By milling degree
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| White polished | 78.0% | 73.0% | USD 337 bn | 2.3% |
| Brown and wholegrain | 15.0% | 18.0% | USD 64.9 bn | 4.9% |
| Red, black and specialty | 7.0% | 9.0% | USD 30.3 bn | 5.6% |
By pack size
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Under 5 kg | 30.0% | 29.0% | USD 130 bn | 2.6% |
| 5 to 25 kg | 45.0% | 44.0% | USD 195 bn | 2.8% |
| Bulk above 25 kg | 25.0% | 27.0% | USD 108 bn | 3.8% |
By grain origin
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Domestically grown | 78.0% | 75.0% | USD 337 bn | 2.6% |
| Intra-regional trade | 12.0% | 13.0% | USD 51.9 bn | 3.8% |
| Overseas imports | 10.0% | 12.0% | USD 43.3 bn | 4.9% |
Top 25 countries for rice by revenue
Countries are ranked by revenue earned from sales in the country, not by where the product is made. The ten largest hold 77.0% of 2026 revenue and the 25 countries below together hold 93.5%.
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| # | Country | Value 2026 | Share 2026 | Value 2036 | CAGR 2026-36 |
|---|---|---|---|---|---|
| 1 | China | USD 121 bn | 28.0% | USD 145 bn | 1.8% |
| 2 | India | USD 86.5 bn | 20.0% | USD 126 bn | 3.8% |
| 3 | Indonesia | USD 26.0 bn | 6.0% | USD 34.3 bn | 2.8% |
| 4 | Bangladesh | USD 21.6 bn | 5.0% | USD 30.2 bn | 3.4% |
| 5 | Vietnam | USD 17.3 bn | 4.0% | USD 22.7 bn | 2.7% |
| 6 | Philippines | USD 13.0 bn | 3.0% | USD 19.2 bn | 4.0% |
| 7 | Thailand | USD 13.0 bn | 3.0% | USD 16.3 bn | 2.3% |
| 8 | Japan | USD 13.0 bn | 3.0% | USD 14.0 bn | 0.7% |
| 9 | Nigeria | USD 13.0 bn | 3.0% | USD 23.8 bn | 6.3% |
| 10 | Brazil | USD 8.7 bn | 2.0% | USD 10.5 bn | 1.9% |
| 11 | Pakistan | USD 8.7 bn | 2.0% | USD 19.1 bn | 8.3% |
| 12 | Myanmar | USD 8.7 bn | 2.0% | USD 12.8 bn | 4.0% |
| 13 | Egypt | USD 7.9 bn | 1.8% | USD 11.2 bn | 3.6% |
| 14 | Iran | USD 6.5 bn | 1.5% | USD 8.1 bn | 2.2% |
| 15 | South Korea | USD 5.5 bn | 1.3% | USD 6.0 bn | 0.8% |
| 16 | Malaysia | USD 4.9 bn | 1.1% | USD 6.1 bn | 2.2% |
| 17 | Nepal | USD 4.4 bn | 1.0% | USD 5.5 bn | 2.3% |
| 18 | Cambodia | USD 4.0 bn | 0.9% | USD 5.0 bn | 2.3% |
| 19 | Sri Lanka | USD 3.7 bn | 0.8% | USD 4.6 bn | 2.2% |
| 20 | United States | USD 3.4 bn | 0.8% | USD 4.2 bn | 2.3% |
| 21 | Saudi Arabia | USD 3.2 bn | 0.7% | USD 4.5 bn | 3.7% |
| 22 | Ghana | USD 3.0 bn | 0.7% | USD 4.2 bn | 3.6% |
| 23 | Senegal | USD 2.8 bn | 0.7% | USD 4.0 bn | 3.6% |
| 24 | Mexico | USD 2.6 bn | 0.6% | USD 3.3 bn | 2.3% |
| 25 | Tanzania | USD 2.5 bn | 0.6% | USD 3.6 bn | 3.7% |
| Rest of world | USD 27.9 bn | 6.5% | USD 36.6 bn | 2.8% |
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
Competitive landscape
Group 1: Global leaders
- Olam Agri
- Wilmar International
- KRBL
- LT Foods
- Riviana Foods
- Ebro Foods
- COFCO
- Mars
Group 2: Regional and specialist players
- Charoen Pokphand Foods
- Louis Dreyfus Company
- Tilda
- SunRice
- Beidahuang Group
- Chaman Lal Setia Exports
- Zen-Noh
- Loc Troi Group
Group 3: Emerging and niche players
- Daawat
- Lundberg Family Farms
- Kohinoor
- Amira Nature Foods
- Koda Farms
- Tan Long Group
Research methodology
Every figure on this page comes from the research framework that we apply to all of the markets we cover. The 2025 base for the rice market is built from the volume sold and the price that buyers pay, and is cross-checked against the size of the wider industry the market belongs to. Where a market can be sized in more than one way, the routes are compared before a figure is set.
The forecast runs year by year from the 2025 base to 2036. Growth in each year reflects demand from the industries that buy the product, adoption of new technology, pricing, regulation and replacement cycles. Volume and price are modelled together, so revenue in each year equals volume multiplied by average price. The 2026 to 2036 compound annual growth rate of 3.0% is calculated from the resulting values.
The market is divided by type, by channel, by milling degree, by pack size, by grain origin. The 25 largest countries are ranked by revenue earned from sales to buyers in each country, not by where the product is made. Segment values and country values add up to the market total in every year, and every report is checked for consistency before it is published.
Companies are placed in three groups: global leaders, regional and specialist players, and emerging and niche players. The groups describe how companies compete in the market. They are not a ranking and they are not market shares.
Our analysts also carry out primary research. Customized reports add interviews with key opinion leaders, such as senior executives, technical specialists and buyers, to test the assumptions behind the numbers for the question being asked.
Frequently asked questions
How big is the rice market?
The global rice market is estimated at USD 420 bn in 2025 and USD 433 bn in 2026.
How fast will the rice market grow?
It is forecast to reach USD 581 bn by 2036, a compound annual growth rate of 3.0% from 2026, an increase of USD 149 bn.
Which country is the largest market for rice?
China is the largest market by revenue at USD 121 bn in 2026, 28.0% of the global total. The three largest countries together hold 54.0%.
Which country is growing fastest?
Among the ten largest markets, Nigeria is growing fastest at 6.3% a year from 2026 to 2036.
Which rice segment is largest?
In the by type split, Long-grain white rice is the largest segment with 50.0% of 2026 revenue.
Who are the leading rice companies?
Global leaders include Olam Agri, Wilmar International, KRBL, LT Foods.
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