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Rice Market Size, Share and Forecast 2026-2036

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.

USD 433 bnMarket size 2026
USD 581 bnForecast 2036
3.0%CAGR 2026-2036
ChinaLargest country

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5 segmentation views25 countries2026 to 2036 yearly forecast

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.

ScopeMilled rice sold for human consumption worldwide, including long-grain, medium-grain, short-grain, aromatic and parboiled rice, measured at consumer-level value.
IndustryFood and Beverage
Value 2025USD 420 bn
Value 2026USD 433 bn
Value 2036USD 581 bn
CAGR 2026-20363.0%
Volume 2026538 million tonnes
Volume 2036623 million tonnes
Average price 2026USD 804 per tonne
Report priceStarts from USD 1,999
PublishedNovember 2026

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Rice market size and forecast, 2026-2036

Exhibit 1The global rice market is forecast to grow from USD 433 bn in 2026 to USD 581 bn by 2036, a rise of 34%Global market value in USD: 2025 base year, 2026 estimate and forecast to 2036. CAGR 2026 to 2036: 3.0%
Rice market value, 2025 to 2036Market value by year. 2025: USD 420 bn; 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. Compound annual growth rate 2026 to 2036: 3.0%.2025433 bn2026502 bn2031581 bn20363.0% CAGR

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

YearMarket value
2026USD 433 bn
2027USD 446 bn
2028USD 459 bn
2029USD 473 bn
2030USD 487 bn
2031USD 502 bn
2032USD 517 bn
2033USD 532 bn
2034USD 548 bn
2035USD 564 bn
2036USD 581 bn

Rice market segmentation

By type

Exhibit 2Long-grain white rice is the largest segment by type, with 50.0% of 2026 revenueEstimated share of 2026 global revenue, by type
Rice market share by type, 2026Share of 2026 revenue by type. Long-grain white rice: 50.0%; Medium and short-grain rice: 22.0%; Aromatic rice: 16.0%; Parboiled rice: 12.0%.Long-grain white rice50.0%Medium and short-grain rice22.0%Aromatic rice16.0%Parboiled rice12.0%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Long-grain white rice50.0%48.1%USD 216 bn2.6%
Aromatic rice16.0%18.7%USD 69.2 bn4.6%
Medium and short-grain rice22.0%21.2%USD 95.2 bn2.6%
Parboiled rice12.0%12.1%USD 51.9 bn3.1%

By channel

Exhibit 3Retail and household adds the most revenue by channel, growing from USD 320 bn in 2026 to USD 417 bn by 2036Estimated revenue in USD by channel, 2026 and 2036 forecast
Rice market by channel, 2026 and 2036Revenue by channel in 2026 and 2036. Retail and household: USD 320 bn in 2026, USD 417 bn in 2036, change +30%; Food service: USD 77.9 bn in 2026, USD 116 bn in 2036, change +49%; Industrial and processing: USD 34.6 bn in 2026, USD 48.2 bn in 2036, change +39%.20262036 forecastChangeRetail and household+30%320 bn417 bnFood service+49%77.9 bn116 bnIndustrial and processing+39%34.6 bn48.2 bn

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Retail and household74.0%71.7%USD 320 bn2.7%
Food service18.0%20.0%USD 77.9 bn4.1%
Industrial and processing8.0%8.3%USD 34.6 bn3.4%

By milling degree

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
White polished78.0%73.0%USD 337 bn2.3%
Brown and wholegrain15.0%18.0%USD 64.9 bn4.9%
Red, black and specialty7.0%9.0%USD 30.3 bn5.6%

By pack size

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Under 5 kg30.0%29.0%USD 130 bn2.6%
5 to 25 kg45.0%44.0%USD 195 bn2.8%
Bulk above 25 kg25.0%27.0%USD 108 bn3.8%

By grain origin

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Domestically grown78.0%75.0%USD 337 bn2.6%
Intra-regional trade12.0%13.0%USD 51.9 bn3.8%
Overseas imports10.0%12.0%USD 43.3 bn4.9%

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%.

Exhibit 4China is the largest country market at USD 121 bn in 2026, and the three largest countries hold 54.0% of global revenueEstimated 2026 revenue in USD and share of the global market, ten largest countries
Rice market, ten largest countries in 2026Ten largest countries by 2026 revenue. China: USD 121 bn, 28.0%; India: USD 86.5 bn, 20.0%; Indonesia: USD 26.0 bn, 6.0%; Bangladesh: USD 21.6 bn, 5.0%; Vietnam: USD 17.3 bn, 4.0%; Philippines: USD 13.0 bn, 3.0%; Thailand: USD 13.0 bn, 3.0%; Japan: USD 13.0 bn, 3.0%; Nigeria: USD 13.0 bn, 3.0%; Brazil: USD 8.7 bn, 2.0%.China121 bn 28.0%India86.5 bn 20.0%Indonesia26.0 bn 6.0%Bangladesh21.6 bn 5.0%Vietnam17.3 bn 4.0%Philippines13.0 bn 3.0%Thailand13.0 bn 3.0%Japan13.0 bn 3.0%Nigeria13.0 bn 3.0%Brazil8.7 bn 2.0%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

#CountryValue 2026Share 2026Value 2036CAGR 2026-36
1ChinaUSD 121 bn28.0%USD 145 bn1.8%
2IndiaUSD 86.5 bn20.0%USD 126 bn3.8%
3IndonesiaUSD 26.0 bn6.0%USD 34.3 bn2.8%
4BangladeshUSD 21.6 bn5.0%USD 30.2 bn3.4%
5VietnamUSD 17.3 bn4.0%USD 22.7 bn2.7%
6PhilippinesUSD 13.0 bn3.0%USD 19.2 bn4.0%
7ThailandUSD 13.0 bn3.0%USD 16.3 bn2.3%
8JapanUSD 13.0 bn3.0%USD 14.0 bn0.7%
9NigeriaUSD 13.0 bn3.0%USD 23.8 bn6.3%
10BrazilUSD 8.7 bn2.0%USD 10.5 bn1.9%
11PakistanUSD 8.7 bn2.0%USD 19.1 bn8.3%
12MyanmarUSD 8.7 bn2.0%USD 12.8 bn4.0%
13EgyptUSD 7.9 bn1.8%USD 11.2 bn3.6%
14IranUSD 6.5 bn1.5%USD 8.1 bn2.2%
15South KoreaUSD 5.5 bn1.3%USD 6.0 bn0.8%
16MalaysiaUSD 4.9 bn1.1%USD 6.1 bn2.2%
17NepalUSD 4.4 bn1.0%USD 5.5 bn2.3%
18CambodiaUSD 4.0 bn0.9%USD 5.0 bn2.3%
19Sri LankaUSD 3.7 bn0.8%USD 4.6 bn2.2%
20United StatesUSD 3.4 bn0.8%USD 4.2 bn2.3%
21Saudi ArabiaUSD 3.2 bn0.7%USD 4.5 bn3.7%
22GhanaUSD 3.0 bn0.7%USD 4.2 bn3.6%
23SenegalUSD 2.8 bn0.7%USD 4.0 bn3.6%
24MexicoUSD 2.6 bn0.6%USD 3.3 bn2.3%
25TanzaniaUSD 2.5 bn0.6%USD 3.6 bn3.7%
Rest of worldUSD 27.9 bn6.5%USD 36.6 bn2.8%
Exhibit 5India and China account for 43% of the USD 149 bn the market is forecast to add by 2036Forecast revenue added between 2026 and 2036 by country, in USD
Rice market, where the growth to 2036 comes fromRevenue added between 2026 and 2036. Market value 2026: USD 433 bn. India: +USD 39.6 bn; China: +USD 24.2 bn; Nigeria: +USD 10.9 bn; Pakistan: +USD 10.5 bn; Bangladesh: +USD 8.6 bn; 20 other countries: +USD 46.3 bn; Rest of world: +USD 8.7 bn. Market value 2036: USD 581 bn.Market value 2026433 bnIndia+39.6 bnChina+24.2 bnNigeria+10.9 bnPakistan+10.5 bnBangladesh+8.6 bn20 other countries+46.3 bnRest of world+8.7 bnMarket value 2036581 bn

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.

Read the full research methodology

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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