South Korea Rice Market Overview
Market Statistics
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Size in 2024: USD 5,904.3 Million
Market Forecast in 2033: USD 9,458.9 Million
Market Growth Rate: 5.4%(2025-2033)
According to the latest report by IMARC Group, the South Korea rice market size reached USD 5,904.3 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 9,458.9 Million by 2033, exhibiting a growth rate (CAGR) of 5.4% during 2025-2033.
Request PDF Sample for more detailed market insights: https://www.imarcgroup.com/south-korea-rice-market...
South Korea Rice Industry Trends and Drivers:
The nation’s rice business is still a mainstay of farming and culture in South Korea, offering traditions and responding to current requirements. Rice is one of the main foods in many diets which keeps its demand high in restaurants and food industries as well as among families. Support from the government such as policies on sustainable farming and food security, helps the market and leads farmers to keep producing. Living in cities and having little time lead consumers to seek out convenient, good quality rice products, including pre-cooked and organic ones. By keeping their agricultural background and embracing new technology, South Korea makes the rice trade key to the country’s economy and culture.
The market is changing because what people like to buy is becoming more varied and influenced by global trends. More and more, people are buying premium rice such as sticky rice and organic blends because they value both the delicious taste and the environmental friendliness of these varieties. A variety of rice, from nearby regions and beyond, is easier to get through retail shops and online stores. The food service industry and K-cuisine restaurants, on the other hand, need rice for popular dishes such as bibimbap and kimbap which keeps demand high. South Korea is working towards being both independent and involved in global trade which is helping rice keep its place in people’s hearts while meeting today’s needs.
South Korea Rice Industry Segmentation:
The market report offers a comprehensive analysis of the segments, highlighting those with the largest South Korea Rice Market share. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments
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:
- Seoul Capital Area
- Yeongnam (Southeastern Region)
- Honam (Southwestern Region)
- Hoseo (Central Region)
- Others
Competitive Landscape:
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant. Additionally, the report features detailed profiles of all major companies in the South Korea Rice industry.
Key highlights of the Report:
- Market Performance (2019-2024)
- Market Outlook (2025-2033)
- 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
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.
Contact Us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145
Comments