North America Rice Market Introduction and Overview
According to SPER Market Research, the North America Rice Market is estimated to reach USD 9752.58 million by 2033 with a CAGR of 2.73%.
The report includes an in-depth analysis of the North America Rice Market, including market size and trends, product mix, Applications, and supplier analysis. Rice is a cereal grain and one of the world's most often consumed staple foods. It belongs to the grass family and is known as Oryza sativa. It is recognizable by its small, oval-shaped seeds, which are usually white, brown, or black. Rice is a staple food and high-carbohydrate source in many parts of the world, particularly Asia. It can be used as a basis for numerous recipes and cooked in a variety of ways, including boiling, steaming, and frying. There are several types of rice, each with its own taste, flavour, and nutrient profile. Popular varieties of rice include white rice, brown rice, black rice, and others.
- Riceland Foods announced a new cooperation with Arva Intelligence in June 2022, as the cooperative shifted its sustainability focus to acquiring agronomic and economic data about its farmer members' crop production. Riceland is dedicated to creating value for its farmer partners through the Ingrain Good Sustainability Initiative.
- In October 2020: Goya Foods, Inc. announced a $80 million expansion project for its manufacturing and distribution operation in Texas. This expansion will include the acquisition of new and advanced food processing equipment, allowing the company to double its production capacity and ultimately meet the growing demand for its products.
Market Opportunities and Challenges
Opportunities: Agricultural research has the potential to significantly benefit consumers by enhancing food quality, safety, and availability. By investing in research, scientists and manufacturers can create new crop varieties, agricultural techniques, and technologies that will benefit consumers and market players in a variety of ways. The introduction of new rice varieties can have a significant impact on the market and economy by providing new market options for farmers and agribusinesses, resulting in increased earnings and growth. New rice varieties are frequently produced to be high yielding and resistant to environmental stressors such as drought or disease. This enhanced productivity can lead to larger yields and cheaper manufacturing costs, which means lower prices for customers.
Challenges: Changes in the natural and human components of agroecosystems can lead to new food choices and security. Temperature and precipitation variations have a direct impact on the quantity and quality of rice crop output, as well as an indirect impact on the scheduling of key farm operations and the economic repercussions of pests, weeds, and diseases. Adverse weather also disrupts the supply chain and transportation. Temperature and precipitation are the two most significant climatic elements that might have an unfavourable impact on rice production in North America. Rice is a warm-season crop that requires high temperatures to thrive and develop. In the United States, rice is primarily farmed in places with average growing season temperatures ranging from 70 to 85°F (21 to 29°C). If temperatures are too low, rice plant growth might be hindered, resulting in lower yield. Climate change is projected to have an impact on global rice production, notably in North America.
Market Competitive Landscape
There are a number of significant players in the competitive and fragmented Rice market. Riceland Foods, St. Maries Wild Rice & Ankeny Lakes Wild Rice Company, Doguet's Rice Milling Company, Supreme Rice, LLC, Koda Farms, Inc, Martin Rice Company, SunWest Foods, Goya Foods, Inc, LT Foods, and Robbins Rice Company are a few of the major companies operating in the market.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Product Type, By Rice Category, By Grain Size, By Nature, By End User, By Distribution Channel
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| Regions covered | US, Canada, Mexico, Rest of North America
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| Companies Covered | Riceland Foods, St. Maries Wild Rice & Ankeny Lakes Wild Rice Company, Doguet's Rice Milling Company, Supreme Rice, LLC, Koda Farms, Inc, Martin Rice Company, SunWest Foods, Goya Foods, Inc, LT Foods, Robbins Rice Company. |
COVID-19 Impact on North America Rice Market
COVID-19 has caused a multi-layered catastrophe in all countries, including local economic disruptions, dropping external demand, price collapse, and a collapse in product supply and demand. Post-pandemic, demand for rice and rice products has soared because there will be no more restrictions on mobility, making product supply easier. Furthermore, when companies constructed processing units to create rice products, demand in the food processing, household, and flour industries surged, potentially propelling market expansion. Furthermore, since the COVID-19 pandemic, there has been an increase in demand for rice in the home and retail industries. Furthermore, consumer interest in rice for its health benefits and research development is likely to drive the expansion of the North American rice market.
Key Target Audience:
- Food Manufacturers
- Ethnic Markets
- Households and individual consumers
- Online retailers
- Restaurant and Food Services Providers
- Retailers and Supermarkets
Our in-depth analysis of the North America Rice Market includes the following segments:
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By Product Type: |
Brown Rice
White Rice
Black Rice
Red Rice
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By Rice Category: |
Parboiled Rice
Jasmine Rice
Basmati Rice
Wild Rice
Others
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By Grain Size: |
Short Grain Rice
Medium Grain Rice
Long Grain Rice
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By Nature: |
Organic
Conventional
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|
By End User: |
Household/Retail
Food Processing Industry
Flour Industry
Animal Feed
Others
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Key Topics Covered in the Report:
- North America Rice Market Size (FY’2024-FY’2033)
- Overview of North America Rice Market
- Segmentation of North America Rice Market By Product Type (Brown Rice, White Rice, Black Rice, Red Rice)
- Segmentation of North America Rice Market By Rice Category (Parboiled Rice, Jasmine Rice, Basmati Rice, Wild Rice, Others)
- Segmentation of North America Rice Market By Grain Size (Short Grain Rice, Medium Grain Rice, Long Grain Rice)
- Segmentation of North America Rice Market By Nature (Organic, Conventional)
- Segmentation of North America Rice Market By End User (Household/Retail, Food Processing Industry, Flour Industry, Animal Feed, Others)
- Segmentation of North America Rice Market By Distribution Channel (Direct, Indirect)
- Statistical Snap of North America Rice Market
- Expansion Analysis of North America Rice Market
- Problems and Obstacles in North America Rice Market
- Competitive Landscape in the North America Rice Market
- Impact of COVID-19 and Demonetization on North America Rice Market
- Details on Current Investment in North America Rice Market
- Competitive Analysis of North America Rice Market
- Prominent Players in the North America Rice Market
- SWOT Analysis of North America Rice Market
- North America Rice Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the North America Rice Market.
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. North America Rice Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in North America Rice Market
7. North America Rice Market, By Product Type (USD Million) 2020-2033
7.1. North America Rice Market Size, Share and Forecast, By Product Type, 2020-2026
7.2. North America Rice Market Size, Share and Forecast, By Product Type, 2027-2033
7.3. Brown Rice
7.4. White Rice
7.5. Black Rice
7.6. Red Rice
8. North America Rice Market, By Rice Category (USD Million) 2020-2033
8.1. North America Rice Market Size, Share and Forecast, By Rice Category, 2020-2026
8.2. North America Rice Market Size, Share and Forecast, By Rice Category, 2027-2033
8.3. Parboiled Rice
8.4. Jasmine Rice
8.5. Basmati Rice
8.6. Wild Rice
8.7. Others
9. North America Rice Market, By Grain Size (USD Million) 2020-2033
9.1. North America Rice Market Size, Share and Forecast, By Grain Size, 2020-2026
9.2. North America Rice Market Size, Share and Forecast, By Grain Size, 2027-2033
9.3. Short Grain Rice
9.4. Medium Grain Rice
9.5. Long Grain Rice
10. North America Rice Market, By Nature (USD Million) 2020-2033
10.1. North America Rice Market Size, Share and Forecast, By Nature, 2020-2026
10.2. North America Rice Market Size, Share and Forecast, By Nature, 2027-2033
10.3. Organic
10.4. Conventional
11. North America Rice Market, By End User (USD Million) 2020-2033
11.1. North America Rice Market Size, Share and Forecast, By End User, 2020-2026
11.2. North America Rice Market Size, Share and Forecast, By End User, 2027-2033
11.3. Household/Retail
11.4. Food Processing Industry
11.5. Flour Industry
11.6. Animal Feed
11.7. Others
12. North America Rice Market, By Distribution Channel (USD Million) 2020-2033
12.1. North America Rice Market Size, Share and Forecast, By Distribution Channel, 2020-2026
12.2. North America Rice Market Size, Share and Forecast, By Distribution Channel, 2027-2033
12.3. Direct
12.4. Indirect
13. North America Rice Market Forecast, 2020-2033 (USD Million)
13.1. North America Rice Market Size and Market Share
14. North America Rice Market, By Region, 2020-2033 (USD Million)
14.1. North America Rice Market Size and Market Share By Region (2020-2026)
14.2. North America Rice Market Size and Market Share By Region (2027-2033)
14.3. US
14.4. Canada
14.5. Mexico
14.6. Rest of North America
15. Company Profile
15.1. Riceland Foods
15.1.1. Company details
15.1.2. Financial outlook
15.1.3. Product summary
15.1.4. Recent developments
15.2. St. Maries Wild Rice & Ankeny Lakes Wild Rice Company
15.2.1. Company details
15.2.2. Financial outlook
15.2.3. Product summary
15.2.4. Recent developments
15.3. Doguet's Rice Milling Company
15.3.1. Company details
15.3.2. Financial outlook
15.3.3. Product summary
15.3.4. Recent developments
15.4. Supreme Rice, LLC
15.4.1. Company details
15.4.2. Financial outlook
15.4.3. Product summary
15.4.4. Recent developments
15.5. Koda Farms, Inc
15.5.1. Company details
15.5.2. Financial outlook
15.5.3. Product summary
15.5.4. Recent developments
15.6. Martin Rice Company
15.6.1. Company details
15.6.2. Financial outlook
15.6.3. Product summary
15.6.4. Recent developments
15.7. SunWest Foods
15.7.1. Company details
15.7.2. Financial outlook
15.7.3. Product summary
15.7.4. Recent developments
15.8. Goya Foods, Inc
15.8.1. Company details
15.8.2. Financial outlook
15.8.3. Product summary
15.8.4. Recent developments
15.9. LT Foods
15.9.1. Company details
15.9.2. Financial outlook
15.9.3. Product summary
15.9.4. Recent developments
15.10. Robbins Rice Company
15.10.1. Company details
15.10.2. Financial outlook
15.10.3. Product summary
15.10.4. Recent developments
15.11. Others
16. Conclusion
17. List of Abbreviation
18. Reference Links