Rice - Czechia | Statista Market Forecast

Revenue in the Rice market amounts to US$88.18m in 2024. The market is expected to grow annually by 4.03% (CAGR 2024-2029).
In global comparison, most revenue is generated China (US$150bn in 2024).
In relation to total population figures, per person revenues of US$8.40 are generated in 2024.
In the Rice market, volume is expected to amount to 37.10m kg by 2029. The Rice market is expected to show a volume growth of 2.0% in 2025.0.
The average volume per person in the Rice market is expected to amount to 3.2kg in 2024.

Definition:

Around the world, rice is a widely farmed and consumed staple food crop. It is a cereal grain that serves as a significant source of fiber, vitamins, and minerals. The Rice market covers several rice varieties, such as long-grain rice, medium-grain rice, short-grain rice, white rice, brown rice, and wild rice, as well as sticky rice and parboiled rice.

Additional Information:

The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram), sales channels. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption; out-of-home consumption is not included.

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White Rice
Brown Rice
Basmati Rice
Jasmine Rice
Arborio Rice
Parboiled Rice
Quick-Cooking Rice

Rice-based ready-to-eat meals
Puffed rice
Coucous
Bulgur
Rice noodles
Out-of-home consumption

The Rice Market in Czechia has seen stagnant growth due to various factors, such as low consumer awareness and limited adoption of digital technologies. Convenience offered by online services has also contributed to the slow growth rate.

Customer preferences: With the rising awareness of health and well-being, consumers in Czechia are shifting towards healthier options in the Rice Market of the Bread & Cereal Products Market. This has led to a surge in demand for organic and gluten-free rice products. Additionally, there is a growing preference for locally sourced rice, driven by the desire to support local farmers and reduce carbon footprint. This trend is also influenced by the increasing interest in sustainable and environmentally-friendly food choices.

Trends in the market: In Czechia, the Rice Market within the Bread & Cereal Products Market is experiencing a surge in demand for organic and gluten-free rice products. This trend is driven by the increasing health consciousness of consumers and their preference for natural and healthier alternatives. As a result, local rice producers are expanding their product portfolios to cater to this growing demand. This trend is significant as it reflects a shift towards more sustainable and nutritious food choices. Industry stakeholders should capitalize on this trend by investing in product innovation and marketing strategies to attract health-conscious consumers. Additionally, the demand for rice is also expected to increase due to the rising popularity of Asian cuisine in the country, creating new opportunities for market growth.

Local special circumstances: In Czechia, the Rice Market of the Bread & Cereal Products Market within The Food market is influenced by the country's traditional cuisine, which heavily features rice-based dishes. Additionally, the increasing health consciousness of Czech consumers has led to a demand for gluten-free options, making rice products a popular choice. Moreover, the country's geographical location and proximity to major rice-producing countries also play a significant role in shaping the market dynamics. These factors create a unique market landscape for rice products in Czechia, setting it apart from other markets around the world.

Underlying macroeconomic factors: The Rice Market of the Bread & Cereal Products Market within The Food market in Czechia is influenced by various macroeconomic factors such as trade policies, government subsidies, and consumer preferences. The country's strong economic growth and stability have contributed to the demand for high-quality rice products, while favorable trade agreements have facilitated the import and export of rice. Additionally, government support for the agriculture sector and investments in modern farming techniques have led to an increase in the production of rice, further driving the market growth. Moreover, changing consumer lifestyles and a growing trend towards healthier food options have also influenced the demand for rice in Czechia.

Data coverage:

The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).

Modeling approach:

Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.