Focus on Rice 2022

Agri Trade HighlightsGrainsNovember 08, 2022

Discover how SGS is supporting businesses through the growth of the global rice industry via testing, inspection and risk management solutions.

The global rice industry is one of the most important markets in the world, with an estimated current value of USD 287.45 billion. The estimated CAGR of 2.2% until 2028 is likely to be driven by increased demand from existing markets. The dominant market is Sub-Saharan Africa, but there there is also growing demand from Southeast Asia, the Middle East, Europe, and North America.

This demand is expected to fuel growth across all major rice-trading nations. According to the USDA, India, Thailand and the next largest exporters (Vietnam, Pakistan, the United States, China, Myanmar and Cambodia) account for roughly 90% of the global rice trade.

With this growth, there will also be a surge in demand for reliable, cost-effective testing and inspection services to reduce rice spoilage and ensure consumer safety.

Read our latest Focus on Rice newsletter to learn more >

How SGS supports the rice industry

SGS, a Superintendent and Analyst member of the Grain and Free Trade Association (Gafta), plays a vital role in sustaining the global rice sector. We help growers produce higher-quality yields and export them with minimal hassle and risk. Meanwhile, our experts ensure that importers can always trust the quality and safety of their purchases.

Employing hundreds of rice experts spread across the major rice-producing and importing nations, we've built a deep understanding of the global rice market. This enables us to provide expert consultancy on country-specific regulations, alongside our industry-leading testing, inspection and risk management services.

Gain valuable insights from the leading player in the global rice market. Read our Focus On Rice newsletter to find out more.

Aurelia Resines
Health & Nutrition
Natural Resources
Global Head of Marketing

t: +41 22 739 9623
m: +41 78 611 5201