United States Rice Market Size (2024 - 2029)

United States Rice Market Analysis

The United States Rice Market size is estimated at USD 6.59 billion in 2024, and is expected to reach USD 7.5 billion by 2029, at a CAGR of 2.60% during the forecast period (2024-2029).

In the United States, areas under rice cultivation increased rapidly over time due to increased long-grain rice production. The grain types grown across the United States include long, medium, and short grain. 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.

The US rice industry has made impressive progress. The US rice industry has improved land use efficiency by 39%, reduced soil erosion by 28%, and decreased water use by 52%. It has also reduced energy use by 34% while cutting greenhouse gas emissions by 41%. As part of its commitment to continuous improvement, it has set ambitious targets for 2030 to maintain and improve it for the next generation.

Furthermore, rice is widely consumed by various consumer groups in the country. The ever-increasing consumption signifies rising demand due to the increasing population and preference toward specialty rice varieties with improved income levels. Uramaki, Arroz con gandules, Rainbow Roll, Loco Moco, Hoppin John, Dirty rice, Red beans and rice, and Arroz con huevo are the most consumed rice dishes in the United States that are influencing the demand for rice. According to USDA the consumption of rice in the United States has increased to 5,144 thousand metric tons in the year 2023, from 4,607 thousand metric tons in 2022.

The factors driving the market demand are government support in the production of rice, growing demand for rice for numerous uses, an increasing number of rice processing companies, and rising exports to regions like Mexico, Northeast Asia, Central America, the Caribbean, Canada, the Middle East, the European Union, and Sub-Saharan Africa.

United States Rice Industry Segmentation

Rice is the major cereal crop whose cultivation is well-suited to countries and regions with low labor costs and high rainfall, as it is labor-intensive to cultivate and requires ample water. The report includes production analysis (volume), consumption analysis (value and volume), export analysis (value and volume), import analysis (value and volume), and price trend analysis. The report offers the market size and forecast in value (USD) and volume (metric tons).