India Basmati Rice Market Size, Outlook, Price Trends | 2033
The Basmati rice market size was valued at INR 495.0 Billion in 2024. Looking forward, IMARC Group estimates the market to reach INR 537.0 Billion by 2033, exhibiting a CAGR of 0.90% from 2025-2025-2033. North India currently dominates the overall market due to favorable agro-climatic conditions, high-yield farming practices, and well-established export networks. Moreover, enhanced irrigation facilities and advancements in processing technology also contribute to increased production efficiency and quality standards.