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North America Rice Market Analysis

The North American rice market is projected to witness a CAGR of 2.4% during the forecast period (2020-2025). Over the recent years, the rice market has witnessed considerable growth on the back of the increasing demand for American rice in emerging and developing nations across the world, as North America is an export-oriented rice producer, but with considerably lower domestic consumption values. In addition to the support from the government, a few of the major factors responsible for the prosperity of the market include access to good inputs, good crop management systems, and advanced technology. These contribute to high-quality rice at harvest and the ability to maintain that quality throughout the milling and distribution chain. At the same time, highly efficient transportation and logistics contribute to the growth of the market in North America. 

The United States is the major market for rice in North America, followed by Mexico and Canada. Arkansas Grand Prairie, Mississippi Delta, Gulf Coast, and Sacramento Valley of California are the major rice-producing areas in the United States. According to FAO, rice production in the United States was 10.1 million metric ton in 2018. Mexico is the second-largest rice market in the region, with 283.8 thousand metric ton of rice production in 2018. 

North America Rice Industry Segmentation

Rice is a primary staple crop for more than half the world's population, with Asia, Sub-Saharan Africa, and South American regions being the largest consumers. The North American rice market report offers key insights into the latest market developments. It analyzes the recent trends, drivers, and challenges affecting the rice market across the North American region. The North American rice market is analyzed by production, consumption, trade (import and export), price, and geography (United States, Canada, Mexico, and the Rest of North America).