South Korea Rice Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Regular and Aromatic), By type (Red Rice, Arborio Rice, Black Rice, Grain Fragrance Rice, Brown Rice, Rosematta Rice, Grain Parboiled Rice, Sushi Rice, and Others), and South Korea Rice Market Insights, Industry Trend, Forecasts to 2035.

South Korea Rice Market Insights Forecasts to 2035

• The South Korea Rice Market Size was estimated at USD 5,404.3 Million in 2024
• The Market Size is Expected to Grow at a CAGR of around 5.73% from 2025 to 2035
• The South Korea Rice Market Size is Expected to Reach USD 9,978.9 Million by 2035

According to a research report published by Spherical Insights & Consulting, the South Korea Rice Market Size is anticipated to reach USD 9,978.9 Million by 2035, growing at a CAGR of 5.73% from 2025 to 2035. The market is impacted by the growing technological and agricultural practice innovations that have the potential to boost productivity and influence the supply of rice as a whole.

Market Overview

The South Korean rice market encompasses the whole rice production, consumption, trade, and policy management ecosystem in South Korea is included in the country's rice market. In Korean cuisine and culture, rice is a staple food and a representation of wealth. Additionally, the trajectory of the rice market is also significantly influenced by environmental factors and climate conditions. Crop yields are impacted by weather patterns, natural disasters, and the climate in general, which in turn affects prices and the stability of the supply chain. Furthermore, agricultural technology breakthroughs like better irrigation methods and genetically modified rice types boost productivity and impact market trends. In conclusion, the South Korean rice market is shaped by a complex interaction of demographic, economic, environmental, and technological factors; therefore, it is critical for stakeholders to successfully navigate this complex environment.

Report Coverage

This research report categorizes the market for the South Korean rice market based on various segments and regions and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korean rice market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the South Korean rice market.

Driving Factors

The development of new rice varieties that are more disease-resistant and better adapted to different climate conditions, government assistance for rice farmers, and agricultural technology advancements are some of the factors driving this growth. Major agricultural corporations and cooperatives are important participants in the South Korean rice market. They are investing in high-yield rice varieties and modern farming methods in order to increase productivity and guarantee a steady supply of rice. Online shopping sites are also helping consumers access a wider range of rice products, which is propelling market expansion.

Restraining Factors

Market expansion is hampered by high production costs, consumer preference for freshly cooked rice, and worries about additives and preservatives in instant rice products.

Market Segmentation

The South Korea rice market share is classified into product type and type.

• The regular segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea rice market is segmented by product type into regular and aromatic. Among these, the regular segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. Regular rice, mostly white rice, dominates the South Korean rice market in terms of both market share and consumption. Because of its widespread use and cultural significance, this segment continues to be the go-to option for homes and foodservice establishments.

• The brown rice segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea rice market is segmented by type into red rice, arborio rice, black rice, grain fragrance rice, brown rice, rosematta rice, grain parboiled rice, sushi rice, and others. Among these, the brown rice segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. The growing retail availability, government support for whole grains, and rising health consciousness are all contributing factors to South Korea's growth. Because of its high fiber content and nutritional advantages, brown rice is preferred by consumers, and its flavor and texture have been improved by better processing methods. Growing disposable incomes and changing dietary habits also support the market's growth.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South Korea rice market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Nongshim Kellogg Co., Ltd.
• CJ CheilJedang Corp.
• Dongwon F&B Co., Ltd.
• Samyang Foods Co., Ltd.
• Daesang Corporation
• Ottogi Co., Ltd.
• Others

Recent Developments:

• In July 2024, As domestic demand for Korean rice declined, the South Korean government announced plans to aggressively promote processed foods based on rice to increase the country's rate of food self-sufficiency. In response, the local food industry greatly increased the variety of rice-based products it offered.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea rice market based on the below-mentioned segments:

South Korea Rice Market, By Product Type

• Regular
• Aromatic

South Korea Rice Market, By type

• Red Rice
• Arborio Rice
• Black Rice
• Grain Fragrance Rice
• Brown Rice
• Rosematta Rice
• Grain Parboiled Rice
• Sushi Rice
• Others