[ 英語タイトル ] United States Rice Market - Growth, Trends and Forecast (2020 - 2025)

Product Code : MDAG0081250

Survey : Mordor Intelligence

Publish On : February, 2021

Category : Agriculture and Allied Activities

Study Area : United States

Report format : PDF

Sales price option (consumption tax not included)

[Report Description]

The United States rice market is estimated to register a CAGR of 3.5% during the forecast period (2020-2025). In the United States, areas under rice cultivation increasing rapidly over time due to increases in long-grain rice production. The grain types grown across the United States include long, medium, and short-grain types. However, long-grain types and hybrids are more common in southern states, whereas medium-grain types are more common in California.​The major rice-producing areas include Arkansas, Mississippi, Missouri, Texas, California, and Louisiana which account for 1.17 hectares of land under rice cultivation.

According to FAO, rice production accounts for 10 million metric tons in 2018 as compared to the previous year where the production accounts for 8.08 million metric tons.This increasing production and export opportunities are driving the United States rice market.

Key Market Trends

Steady Increase in Production in The United States

Production of rice in the United States increasing steadily due to an increase in acreage under rice cultivation. According to FAO, the production of rice in the United States was 8.0 million metric tons in 2017, which increased to 10.2 million metric tons in 2018. Increasing production is due to increase acreage under rice cultivation which accounts for 1.17 million hectares as compared to 0.96 million hectares last year. Constant increasing acreage under rice cultivation in the United States will boost productivity which in turn will drive rice market of the United States during the forecast period.

The United States As Major Exporter

The country is the fifth largest rice exporter, wherein rice exports account for about 35% of the total use of US rice. The major exporting partners for the US within the region are Mexico Japan and Haiti. The country exports rough rice, parboiled rice, brown rice, and fully milled rice. The regular imports of rice account for nearly 10% of the US food use of rice. According to ITC Trade, the quantity of rice exported from the United States amounted to 3.6 million metric tons in 2019 as compared to previous year where exports stood with 3.1 million metric tons. Increasing the export of rice y-o-y will boost the United States Rice Market during the forecast period.

Reasons to Purchase this report:

- The market estimate (ME) sheet in Excel format
- 3 months of analyst support