Rice is a vital food crop that feeds most of the global population. Cultivating high-yielding and superior-quality rice varieties has always been a critical research direction. Rice grain-related traits can be used as crucial phenotypic evidence to assess yield potential and quality. However, the analysis of rice grain traits is still mainly based on manual counting or various seed evaluation devices, which incur high costs in time and money. This study proposed a high-precision phenotyping method for rice panicles based on visible light scanning imaging and deep learning technology, which can achieve high-throughput extraction of critical traits of rice panicles without separating and threshing rice panicles. The imaging of rice panicles was realized through visible light scanning. The grains were detected and segmented using the Faster R-CNN-based model, and an improved Pix2Pix model cascaded with it was used to compensate for the information loss caused by the natural occlusion between the rice grains. An image processing pipeline was designed to calculate fifteen phenotypic traits of the on-panicle rice grains. Eight varieties of rice were used to verify the reliability of this method. The R values between the extraction by the method and manual measurements of the grain number, grain length, grain width, grain length/width ratio and grain perimeter were 0.99, 0.96, 0.83, 0.90 and 0.84, respectively. Their mean absolute percentage error (MAPE) values were 1.65%, 7.15%, 5.76%, 9.13% and 6.51%. The average imaging time of each rice panicle was about 60 seconds, and the total time of data processing and phenotyping traits extraction was less than 10 seconds. By randomly selecting one thousand grains from each of the eight varieties and analyzing traits, it was found that there were certain differences between varieties in the number distribution of thousand-grain length, thousand-grain width, and thousand-grain length/width ratio. The results show that this method is suitable for high-throughput, non-destructive, and high-precision extraction of on-panicle grains traits without separating. Low cost and robust performance make it easy to popularize. The research results will provide new ideas and methods for extracting panicle traits of rice and other crops.