Middle East and Africa Basmati Rice Market: Size, Share, Price, Analysis, Forecast 2024-2032
Middle East and Africa Basmati Rice Market Outlook
The Middle East and Africa basmati rice market has experienced significant growth in recent years, driven by the increasing demand for aromatic rice varieties and the rising consumption of basmati rice in the region. Basmati rice, known for its distinctive aroma and long grains, has been a staple food in Middle Eastern and African cuisines for centuries. It not only plays a key role in traditional dishes but also holds cultural and social significance in various communities.
Increasing Popularity of Asian Cuisines
The Middle East and Africa basmati rice market has been fueled by the growing popularity of Asian cuisines, particularly Indian and Pakistani cuisines. The rising expatriate population from these Asian countries in the Middle East and Africa has also contributed to the demand for basmati rice.
Health-Conscious Consumers
The market growth is further driven by the health-conscious consumer base in the region. Basmati rice is perceived as a healthier alternative to other rice varieties due to its lower glycemic index and higher content of essential nutrients. As a result, health-conscious consumers are increasingly opting for basmati rice.
Importing Countries
Major importers of basmati rice in the Middle East include Saudi Arabia and the United Arab Emirates (UAE). African countries such as Nigeria and Egypt are also gradually increasing their consumption of basmati rice. The premiumization of basmati rice in these regions, associated with luxury and high social status, further drives the market demand.
Exports from India and Pakistan
India and Pakistan are the primary exporters of basmati rice to the Middle East and Africa. The supply chain dynamics are influenced by bilateral trade policies and agreements between these exporting countries and the Middle East and Africa nations.
Middle East and Africa Basmati Rice Market Segmentation
The Middle East and Africa basmati rice market can be segmented based on form and country.
By Form:
- Raw
- Parboiled
By Country:
- Iran
- Saudi Arabia
- UAE
- Iraq
- Kuwait
- Others
Competitive Landscape
The leading companies operating in the Middle East and Africa basmati rice market include Adani Group, Supple Tek Pvt. Ltd., LT Foods Limited, Kohinoor Foods Ltd., Saif International Limited, and others. These companies are continuously involved in major developments such as plant turnarounds, investments, and mergers and acquisitions.
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