Mexico Rice Market Size, Share, Demand and Outlook 2024-2032

Mexico Rice Market Overview

Base Year: 2023

Historical Years: 2018-2023

Forecast Years: 2024-2032

Market Growth Rate: 3.20% (2024-2032)

The escalating need for rice as a staple food, along with its rising utilization in diverse culinary applications, are the factors responsible for the growth of the Mexico rice market. According to the latest report by IMARC Group, The Mexico rice market size reached 281.05 thousand Tons in 2023. Looking forward, IMARC Group expects the market to reach 386.39 thousand Tons by 2032, exhibiting a growth rate (CAGR) of 3.20% during 2024-2032. 

Mexico Rice Industry Trends and Drivers:

Rice is a key component of the Mexican diet, especially in traditional dishes such as arroz rojo and arroz con leche. The growing population and changing dietary patterns, with a shift towards more affordable and versatile food options, are bolstering the demand for rice across the country. Moreover, the expanding middle class and urbanization are driving the consumption of processed and ready-to-eat rice products, which are gaining popularity owing to their convenience. The focus by government authorities on boosting agricultural production and improving rice yields is also playing a crucial role in supporting the market. 

The rising preference for healthier and organic rice varieties, such as brown and wild rice, as consumers become more health-conscious is augmenting the Mexico rice market. This shift is encouraging local producers to diversify their offerings and meet the need for premium and nutrient-rich rice options. Furthermore, the role of Mexico as both an importer and exporter of rice is influencing market dynamics. The country imports a significant portion of its rice from the United States, but efforts to increase domestic production are gaining momentum to reduce dependency on imports. Advanced farming techniques, coupled with investments in modernizing the rice supply chain, are enhancing the efficiency and quality of rice production. As consumer preferences evolve and agricultural practices improve, the Mexico rice market is expected to continue growing over the forecasted period, supported by both local demand and international trade opportunities.

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Mexico Rice Industry Segmentation:

The report has segmented the market into the following categories:

Product Type Insights:

• Regular
• Aromatic

Type Insights:

• Red Rice
• Arborio Rice
• Black Rice
• Grain Fragrance Rice
• Brown Rice
• Rosematta Rice
• Grain Parboiled Rice
• Sushi Rice
• Others

Grain Size Insights:

• Long Grain
• Medium Grain
• Short Grain

Distribution Channel Insights:

• Offline Stores
• Online Stores

Application Insights:

• Food
• Feed
• Others

Regional Insights:

• Northern States
• Central States
• Southern States

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Key highlights of the Report:

• Market Performance (2018-2023)
• Market Outlook (2024-2032)
• COVID-19 Impact on the Market
• Porter’s Five Forces Analysis
• Strategic Recommendations
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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