Report Overview

The Australia rice market is expected to grow at a CAGR of 3.11 % between 2024 and 2032.

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

  • According to FAS, in 2024-2025, New South Wales rice yield is expected to be 9.9 tons/hectare.
  • As per the ABS, Australia's rice production increased by 63% to a new record of 691,000 tonnes in 2021-2022.
  • According to Foreign Agricultural Service, in 2023-2024, Victoria rice yield was 10.5 tons/hectare.

Australia Rice Market Growth

Compound Annual Growth Rate

Value in AUD Million

3.11%

2024-2032


Australia Rice Market Outlook

*this image is indicative*

Brown rice led the Australia rice market due to its versatility as a chewy-textured ingredient used in various applications. Brown rice is recognized for its superior nutritional value compared to white rice since it retains the nutrient-rich bran and germ layers. It is rich in fibre, vitamins, minerals, and antioxidants, making it a preferred choice among health-conscious consumers looking for wholesome dietary options. Arborio rice is valued in culinary circles for its unique ability to create creamy textures due to its starch release during cooking. This characteristic makes it ideal for dishes like risotto, where it absorbs flavours exceptionally well. In May 2024, South Korean food company CJ Foods introduced frozen Bibigo Gimbap Seaweed Rice Rolls at Woolworths.

Various trends and innovations guiding the development of the Australia rice market include the adoption of eco-friendly sustainable farming practices such as increased water conservation and organic methods. Additionally, there is growing consumer awareness leading to increased use of black rice and other whole grain varieties, which are rich in vitamins and minerals. Furthermore, to enhance the convenience of rice preparation, there is rising demand for innovative rice products like rice-based meal kits and pre-cooked rice.

Australia Rice Market Segmentation

Australia Rice Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

  • Red Rice
  • Rosematta Rice
  • Brown Rice
  • Arborio Rice
  • Black Rice
  • Sushi Rice
  • Others

Market Breakup by Length

  • Long Grain Rice
  • Medium Grain Rice
  • Short Grain Rice

Market Breakup by Application

  • Food
  • Feed

Market Breakup by Distribution Channel

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Online
  • Others

Market Breakup by Region

  • New South Wales
  • Victoria
  • Queensland
  • Australian Capital Territory
  • Western Australia
  • Others

Australia Rice Market Share

Supermarkets and hypermarkets hold a major share of the Australia rice market by offering a wide range of rice varieties and brands under one roof. These retail channels leverage their expansive shelf space and promotional strategies to showcase different rice products, catering to varied consumer preferences and culinary needs.

Leading companies in the Australia rice market

The growth of the rice market is driven by innovative rice products, the adoption of sustainable farming practices, health and wellness trends, culinary diversity and international influences, and rising demand for whole grain varieties.

  • Taj Foods Australia
  • Ricegrowers Limited (SunRice)
  • Natural Rice Co.
  • International Rice & Products Pty Ltd.
  • The Rice Company

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market is projected to grow at a CAGR of 3.11% between 2024 and 2032.

The rice market is growing with an increase in the use of sustainable agriculture practices, health benefits, convenient meal solutions and technological integration.

Based on the type, the rice market is bifurcated into red rice, brown rice, rosematta rice, black rice, arborio rice, sushi rice, and others.

Key players in the Australia rice industry are Taj Foods Australia, Ricegrowers Limited (SunRice), Natural Rice Co., International Rice & Products Pty Ltd., and The Rice Company, among others.

Based on length, the rice market is divided into long grain rice, medium grain rice, and short grain rice.

Based on the application, the rice market is bifurcated into food and feed.

The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia and others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

Report Features Details
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Length
  • Application
  • Distribution Channel
  • Region
Breakup by Type
  • Red Rice
  • Rosematta Rice
  • Brown Rice
  • Arborio Rice
  • Black Rice
  • Sushi Rice
  • Others
Breakup by Length
  • Long Grain Rice
  • Medium Grain Rice
  • Short Grain Rice
Breakup by Application
  • Food
  • Feed
Breakup by Distribution Channel
  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Online
  • Others
Breakup by Region
  • New South Wales
  • Victoria
  • Queensland
  • Australia Capital Territory
  • Western Australia
  • Others
Market Dynamics
  • SWOT
  • Porter's Five Forces
  • Key Indicators for Demand
  • Key Indicators for Price
Trade Data Analysis
  • Major Exporting Countries
    • By Value
    • By Volume
  • Major Importing Countries
    • By Value
    • By Volume
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Taj Foods Australia
  • Ricegrowers Limited (SunRice)
  • Natural Rice Co.
  • International Rice & Products Pty Ltd.
  • The Rice Company
  • Others

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