Global Rice Cakes Market Size, Trends & Growth Opportunity, by Nature (Organic, Conventional), by Type (Rice Cakes, Rice Crisps, Rice Biscuits, Other), by Distribution Channel (Hypermarkets, Supermarkets, Convenience Stores, Online Retailing), By Region (North America, Europe, Asia Pacific, Latin America, Middle East) and forecast till 2030.

Report ID : AMR1004191 | Industries : Others | Published On :December 2023 | Page Count : 249

Global Rice Cakes Market

The Rice Cakes Market was valued at USD 33.1 Billion in 2022 and is expected to expand to USD 58.7 Billion in 2030 at a CAGR of 7.42% during the forecast period 2023- 2030.

Market Overview

Rice cakes are a common form of snack prepared from rice grains. They are boiled, dried, and pressed into rectangular or spherical shapes before being offered in the market as rice cakes. They are a very popular type of snack in various traditions, particularly in East Asian countries. Cooking rice grains until they are sticky and soft is part of the process of making rice cakes.

Market Drivers

One of the key drivers of market expansion is rising customer per capita incomes brought about by industrialization and a larger labour force. Spending on rice cakes is increasing among people in their mid-thirties to mid-forties. The market is anticipated to benefit from increased funding for the creation of creative class offerings as well as the innovation in product branding started by large firms.

Market Restraints

Cooked and dehydrated rice kernels make up rice cakes. The most common or basic variety of rice cakes could be thought to be bland, and not all customers would enjoy them, especially if they're used to eating more traditional sweet or spicy snacks. Some customers may have high standards for luxurious refreshment experiences and are not used to munching on simple foods, even with rice cake versions that have undergone additional processing.

Impact of Covid-19

During the COVID-19 pandemic, there is a growing demand for healthful food as people become more aware of their taste and health. As a result, the demand from a variety of consumers for protein powder has increased favourably. A shift in lifestyle has brought about a change in eating habits, leading to an increase in nutritious foods and healthy snacks, which is helping to grow the rice snack industry internationally. The rise in popularity of rice snacks has been advantageous for the food business. It is imperative that everyone consumes a healthy, balanced diet during this coronavirus epidemic, as well as appropriate snacks. Ricks snacks offer the easiest combination of flavour, texture, and taste in meals and are also healthful.

Market Segmentation

Global Rice Cakes Market is segmented into Nature, Type, and Distribution Channel. By Nature, the Global Rice Cakes Market is segmented into Organic, Conventional. By Type, the Global Rice Cakes Market is segmented into Rice Cakes, Rice Crisps, Rice Biscuits, Other. By Distribution Channel, the Global Rice Cakes Market is segmented into Hypermarkets, Supermarkets, Convenience Stores, Online Retailing.

Regional Analysis

Global Rice Cakes Market is segmented into five regions such as North America, Europe, Latin America, Asia Pacific Middle East and Africa. Rising demand from rice-eating countries such as China, Indonesia, Japan, and India, among others, is primarily responsible for the growth of the Asia Pacific rice snacks market. With rising demand for rice snacks among Asia Pacific's working class, the market is expected to expand over the projected period.

Market Key Players

Various key players are discussed in this report such as Blue Diamond Growers, PepsiCo Inc., Element Snacks Inc., General Mills Inc, Kellogg Co., Umeya Co., Ricegrowers Ltd, Lundberg Family Farms, Topco Associates, and Sanorice.

Key Developments

• Element Snacks, a renowned manufacturer of chocolate-topped rice cakes based in the United States, introduced Sea Salt Caramel Crispy Rice Minis in February 2023. They are thin and puffed rice cakes that are drizzled in caramel and sprinkled with Kosher sea salt. These gluten-free options are made from non-genetically modified foods.

Market Taxonomy

By Nature
• Organic
• Conventional
By Type
• Rice Cakes
• Rice Crisps
• Rice Biscuits
• Other
By Distribution Channel
• Hypermarkets
• Supermarkets
• Convenience Stores
• Online Retailing
By Region
• North America
o U.S.
o Canada
o Mexico
• Latin America
o Brazil
o Argentina
o Colombia
o Peru
o Chile
o Venezuela
o Rest of Latin America
• Europe
o Germany
o France
o UK
o Russia
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o New Zealand
o Singapore
o Malaysia
o Rest of Asia Pacific
• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o Kuwait
o South Africa
o Rest Middle East & Africa

Key Questions Addressed by the Report

• What are the Key Opportunities in Global Rice Cakes Market?
• What will be the growth rate from 2023 to 2030?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?
• What are the strategies adopted by key players?

Global Rice Cakes Market

1 Introduction
1.1 Objective of the Study
1.2 Market Definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Rice Cakes Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to Recent Energy Crisis
4.2.5 Cumulative Impact due to Nearing Economic Downturn
4.2.6 Post Covid-19 World Supply & Demand Conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Rice Cakes Market, By Nature
5.1 Y-o-Y Growth Comparison, By Nature
5.2 Global Rice Cakes Market Share Analysis, By Nature
5.3 Global Rice Cakes Market Size and Forecast, By Nature
5.3.1 Organic
5.3.2 Conventional
6 Global Rice Cakes Market, By Type
6.1 Y-o-Y Growth Comparison, By Type
6.2 Global Rice Cakes Market Share Analysis, By Type
6.3 Global Rice Cakes Market Size and Forecast, By Type
6.3.1 Rice Cakes
6.3.2 Rice Crisps
6.3.3 Rice Biscuits
6.3.4 Other
7 Global Rice Cakes Market, By Distribution Channel
7.1 Y-o-Y Growth Comparison, By Distribution Channel
7.2 Global Rice Cakes Market Share Analysis, By Distribution Channel
7.3 Global Rice Cakes Market Size and Forecast, By Distribution Channel
7.3.1 Hypermarkets
7.3.2 Supermarkets
7.3.3 Convenience Stores
7.3.4 Online Retailing
8 Global Rice Cakes Market, By Region
8.1 Global Rice Cakes Market Share Analysis, By Region
8.2 Global Rice Cakes Market Size and Forecast, By Region
8.3 Global Rice Cakes Market Trends and Forecast, By Region
9 North America Rice Cakes Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 North America Rice Cakes Market Size and Forecast, By Nature
9.3 North America Rice Cakes Market Size and Forecast, By Type
9.4 North America Rice Cakes Market Size and Forecast, By Distribution Channel
9.5 North America Rice Cakes Market Size and Forecast, By Country
9.5.1 U.S.
9.5.1.1 Market Size and Forecast, By Nature
9.5.1.2 Market Size and Forecast, By Type
9.5.1.3 Market Size and Forecast, By Distribution Channel
9.5.2 Canada
9.5.2.1 Market Size and Forecast, By Nature
9.5.2.2 Market Size and Forecast, By Type
9.5.2.3 Market Size and Forecast, By Distribution Channel
9.5.3 Mexico
9.5.3.1 Market Size and Forecast, By Nature
9.5.3.2 Market Size and Forecast, By Type
9.5.3.3 Market Size and Forecast, By Distribution Channel
10 Europe Rice Cakes Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Europe Rice Cakes Market Size and Forecast, By Nature
10.3 Europe Rice Cakes Market Size and Forecast, By Type
10.4 Europe Rice Cakes Market Size and Forecast, By Distribution Channel
10.5 Europe Rice Cakes Market Size and Forecast, By Country
10.5.1 Germany
10.5.1.1 Market Size and Forecast, By Nature
10.5.1.2 Market Size and Forecast, By Type
10.5.1.3 Market Size and Forecast, By Distribution Channel
10.5.2 France
10.5.2.1 Market Size and Forecast, By Nature
10.5.2.2 Market Size and Forecast, By Type
10.5.2.3 Market Size and Forecast, By Distribution Channel
10.5.3 UK
10.5.3.1 Market Size and Forecast, By Nature
10.5.3.2 Market Size and Forecast, By Type
10.5.3.3 Market Size and Forecast, By Distribution Channel
10.5.4 Russia
10.5.4.1 Market Size and Forecast, By Nature
10.5.4.2 Market Size and Forecast, By Type
10.5.4.3 Market Size and Forecast, By Distribution Channel
10.5.5 Italy
10.5.5.1 Market Size and Forecast, By Nature
10.5.5.2 Market Size and Forecast, By Type
10.5.5.3 Market Size and Forecast, By Distribution Channel
10.5.6 Spain
10.5.6.1 Market Size and Forecast, By Nature
10.5.6.2 Market Size and Forecast, By Type
10.5.6.3 Market Size and Forecast, By Distribution Channel
10.5.7 Rest of Europe
10.5.7.1 Market Size and Forecast, By Nature
10.5.7.2 Market Size and Forecast, By Type
10.5.7.3 Market Size and Forecast, By Distribution Channel
11 Asia Pacific Rice Cakes Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Asia Pacific Rice Cakes Market Size and Forecast, By Nature
11.3 Asia Pacific Rice Cakes Market Size and Forecast, By Type
11.4 Asia Pacific Rice Cakes Market Size and Forecast, By Distribution Channel
11.5 Asia Pacific Rice Cakes Market Size and Forecast, By Country
11.5.1 China
11.5.1.1 Market Size and Forecast, By Nature
11.5.1.2 Market Size and Forecast, By Type
11.5.1.3 Market Size and Forecast, By Distribution Channel
11.5.2 Japan
11.5.2.1 Market Size and Forecast, By Nature
11.5.2.2 Market Size and Forecast, By Type
11.5.2.3 Market Size and Forecast, By Distribution Channel
11.5.3 India
11.5.3.1 Market Size and Forecast, By Nature
11.5.3.2 Market Size and Forecast, By Type
11.5.3.3 Market Size and Forecast, By Distribution Channel
11.5.4 South Korea
11.5.4.1 Market Size and Forecast, By Nature
11.5.4.2 Market Size and Forecast, By Type
11.5.4.3 Market Size and Forecast, By Distribution Channel
11.5.5 Australia
11.5.5.1 Market Size and Forecast, By Nature
11.5.5.2 Market Size and Forecast, By Type
11.5.5.3 Market Size and Forecast, By Distribution Channel
11.5.6 New Zealand
11.5.6.1 Market Size and Forecast, By Nature
11.5.6.2 Market Size and Forecast, By Type
11.5.6.3 Market Size and Forecast, By Distribution Channel
11.5.7 Singapore
11.5.7.1 Market Size and Forecast, By Nature
11.5.7.2 Market Size and Forecast, By Type
11.5.7.3 Market Size and Forecast, By Distribution Channel
11.5.8 Malaysia
11.5.8.1 Market Size and Forecast, By Nature
11.5.8.2 Market Size and Forecast, By Type
11.5.8.3 Market Size and Forecast, By Distribution Channel
11.5.9 Rest of Asia
11.5.9.1 Market Size and Forecast, By Nature
11.5.9.2 Market Size and Forecast, By Type
11.5.9.3 Market Size and Forecast, By Distribution Channel
12 Latin America Rice Cakes Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Latin America Rice Cakes Market Size and Forecast, By Nature
12.3 Latin America Rice Cakes Market Size and Forecast, By Type
12.4 Latin America Rice Cakes Market Size and Forecast, By Distribution Channel
12.5 Latin America Rice Cakes Market Size and Forecast, By Country
12.5.1 Brazil
12.5.1.1 Market Size and Forecast, By Nature
12.5.1.2 Market Size and Forecast, By Type
12.5.1.3 Market Size and Forecast, By Distribution Channel
12.5.2 Argentina
12.5.2.1 Market Size and Forecast, By Nature
12.5.2.2 Market Size and Forecast, By Type
12.5.2.3 Market Size and Forecast, By Distribution Channel
12.5.3 Colombia
12.5.3.1 Market Size and Forecast, By Nature
12.5.3.2 Market Size and Forecast, By Type
12.5.3.3 Market Size and Forecast, By Distribution Channel
12.5.4 Peru
12.5.4.1 Market Size and Forecast, By Nature
12.5.4.2 Market Size and Forecast, By Type
12.5.4.3 Market Size and Forecast, By Distribution Channel
12.5.5 Chile
12.5.5.1 Market Size and Forecast, By Nature
12.5.5.2 Market Size and Forecast, By Type
12.5.5.3 Market Size and Forecast, By Distribution Channel
12.5.6 Venezuela
12.5.6.1 Market Size and Forecast, By Nature
12.5.6.2 Market Size and Forecast, By Type
12.5.6.3 Market Size and Forecast, By Distribution Channel
12.5.7 Rest of Latin America
12.5.7.1 Market Size and Forecast, By Nature
12.5.7.2 Market Size and Forecast, By Type
12.5.7.3 Market Size and Forecast, By Distribution Channel
13 Middle East Rice Cakes Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Middle East Rice Cakes Market Size and Forecast, By Nature
13.3 Middle East Rice Cakes Market Size and Forecast, By Type
13.4 Middle East Rice Cakes Market Size and Forecast, By Distribution Channel
13.5 Middle East Rice Cakes Market Size and Forecast, By Country
13.5.1 Saudi Arabia
13.5.1.1 Market Size and Forecast, By Nature
13.5.1.2 Market Size and Forecast, By Type
13.5.1.3 Market Size and Forecast, By Distribution Channel
13.5.2 UAE
13.5.2.1 Market Size and Forecast, By Nature
13.5.2.2 Market Size and Forecast, By Type
13.5.2.3 Market Size and Forecast, By Distribution Channel
13.5.3 Egypt
13.5.3.1 Market Size and Forecast, By Nature
13.5.3.2 Market Size and Forecast, By Type
13.5.3.3 Market Size and Forecast, By Distribution Channel
13.5.4 Kuwait
13.5.4.1 Market Size and Forecast, By Nature
13.5.4.2 Market Size and Forecast, By Type
13.5.4.3 Market Size and Forecast, By Distribution Channel
13.5.5 South Africa
13.5.5.1 Market Size and Forecast, By Nature
13.5.5.2 Market Size and Forecast, By Type
13.5.5.3 Market Size and Forecast, By Distribution Channel
13.5.6 Rest of Middle East & Africa
13.5.6.1 Market Size and Forecast, By Nature
13.5.6.2 Market Size and Forecast, By Type
13.5.6.3 Market Size and Forecast, By Distribution Channel
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Blue Diamond Growers
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 PepsiCo Inc.
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Element Snacks Inc.
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 General Mills Inc
15.4.1 Overview
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Kellogg Co.
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Umeya Co.
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Ricegrowers Ltd
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Lundberg Family Farms
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Topco Associates
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Sanorice
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies