Rice Market, Size, Global Forecast 2022-2027

As per Renub Research, Global Rice Market will be US$ 315.6 Billion by the end of the year 2027. Rice is the staple foodstuff of over half of the world's population, with over 700 million tons produced each year. While most rice is consumed in the nations where it is grown, increased demand benefits the worldwide rice trade. Furthermore, most rice is farmed and consumed across Asia, from Pakistan to Japan. As a result, Asia is referred to as 'Rice-producing Asia,' excluding Mongolia and Central Asia.