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Rice Milk Market

Rice Milk Market Analysis - By application (Snacks, Bakery & Confectionery, Beverages, Others), By source (Organic, Conventional), By Region (North America, Asia-Pacific, Europe, Central & South America, Middle East & Africa), Global Market Size, Growth, Trends, Insights, Opportunities and Forecast to 2023

  • ID : 77650416  |  
  • Published : Feb-2019  |  
  • Region : Global  |  
  • Pages : 160   |  
  • Publisher : Mordor Intelligence

The global rice milk market is expected to register a CAGR of above 15%, during the forecast period, 2018-2023.

Rice Milk is a great alternative for consumers who are lactose intolerant and cannot consume any dairy product. It is primarily produced with from the rice whole grains of brown rice. It is an alternative to conventional milk with benefits such as free-from cholesterol and lactose. The rice milk market is targeted towards the vegan and lactose-free diet consuming population.

Rice Milk Market Dynamics:

Rice milk is mild in taste and is naturally sweet in flavor. It has a slightly watery consistency and is great to drink on its own as well as in smoothies, in desserts and with cereals. Of all the non-dairy milk alternatives, rice milk contains the most carbohydrates — around three times as many as almond milk or soy milk. These factors are fuelling the growth of rice milk market in the economy.

Organic version of rice milk is gaining momentum over the conventional product even though they are priced at a premium level. The premium price is due to the comparatively high production and distribution costs as well as consumers’ willingness to pay extra for organic products as they perceive it to free of preservatives. This is also one of the major drivers for rice milk market.

Rice Milk Regional Market Analysis

North America is anticipated to maintain its dominance in the global rice milk market as high percentage of lactose intolerant population is present with an emerging trend for vegan food preferences. Europe is an attractive market as the shift in consumer preference has been observed in the last few years. Asia-Pacific is anticipated to grow in the forecasted future as high lactose intolerant population is present. The Middle East and African region are also following the trend but still is an untapped market.

Key Developments in Rice Milk Market

July 2016 – Danone, the French dairy giant, acquired White wave Foods in a deal worth USD 10 billion to expand its business in the dairy industry.

Key Players operating in the industry have adopted many attractive promotional and cross-selling strategies in order to boost their online sales and capture the maximum market share.

Key players Covered in this Rice Milk Market Report are:

  • Vitasoy Australia Products Pty Ltd
  • Campbell Soup Company.
  • The Hain Celestial Group Inc.
  • Pureharvest Pty ltd
  • Nature's Choice Pty Ltd
  • Panos Brands Llc.
  • WhiteWave Foods
  • SunOpta Inc.
  • The Bridge s.r.l
  • Fine Japan Co. Ltd.
  • Others.

This research report includes following segmentation for the Rice Milk Market size and forecast until 2023.

 By application

  • Snacks
  • Bakery & Confectionery
  • Beverages
  • Others

By source

  • Organic
  • Conventional

Rice Milk Market Analysis - By Region

  • North America
  • Asia-Pacific
  • Europe
  • Central & South America
  • Middle East & Africa

Reasons to Purchase Rice Milk Market Research Report

  • Analyzing outlook of the market with the recent trends and Porter’s five forces analysis.
  • Market dynamics which essentially consider the factors which are impelling the present market scenario along with growth opportunities of the market in the years to come.
  • Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects.
  • Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
  • Competitive landscape involving the market share of major players along with the key strategies adopted for development in the past five years.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis and strategies employed by the major market players.

Customization of the Rice Milk Research Report

This report can be customized to meet your requirements. Please connect with our analyst, who will ensure you get a report that suits your needs.

  1. Introduction
  2. Research Methodology

    1. Analysis Design

      1. Research Phases
      2. Secondary Research
      3. Primary Research
      4. Expert Validation

    2. Study Timeline

  3. Overview

    1. Executive Summary
    2. Key Inferences
    3. New Developments

  4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)

    1. Rice Milk Market Drivers
    2. Rice Milk Market Restraints
    3. Key Challenges
    4. Current Opportunities in the Rice Milk Market

  5. Rice Milk Market Segmentation

    1. By application

      1. Snacks
      2. Bakery & Confectionery
      3. Beverages
      4. Others

    2. By source

      1. Organic
      2. Conventional

  6. Geographical Analysis

    1. North America

      1. United States
      2. Canada
      3. Mexico

    2. Asia-Pacific

      1. China
      2. India
      3. Japan
      4. South Korea
      5. Australia
      6. Indonesia
      7. Singapore
      8. Rest of Asia-Pacific

    3. Europe

      1. Germany
      2. France
      3. UK
      4. Italy
      5. Spain
      6. Russia
      7. Rest of Europe

    4. Central & South America

      1. Brazil
      2. Argentina
      3. Rest of South America

    5. Middle East & Africa

      1. Saudi Arabia
      2. Turkey
      3. Rest of Middle East & Africa

  7. Strategic Analysis

    1. PESTLE analysis

      1. Political
      2. Economic
      3. Social
      4. Technological
      5. Legal
      6. Environmental

    2. Porter’s five analysis

      1. Bargaining Power of Suppliers
      2. Bargaining Power of Consumers
      3. Threat of New Entrants
      4. Threat of Substitute Products and Services
      5. Competitive Rivalry within the Industry

    3. Supply Chain Analysis

      1. Raw Material Suppliers
      2. Manufacturers/Producers
      3. Distributors/Retailers/Wholesalers/E-Commerce
      4. End Users

  8. Rice Milk Market Leaders' Analysis

    1. Vitasoy Australia Products Pty Ltd

      1. Product Analysis
      2. Strategic Evaluation and Operations
      3. Financial analysis
      4. Legal issues
      5. Recent Developments
      6. SWOT analysis
      7. Analyst View

    2. Campbell Soup Company.
    3. The Hain Celestial Group Inc.
    4. Pureharvest Pty ltd
    5. Nature's Choice Pty Ltd
    6. Panos Brands Llc.
    7. WhiteWave Foods
    8. SunOpta Inc.
    9. The Bridge s.r.l
    10. Fine Japan Co. Ltd.
    11. Others.

  9. Competitive Landscape

    1. Rice Milk Market share analysis
    2. Merger and Acquisition Analysis
    3. Agreements, collaborations and Joint Ventures
    4. New Product Launches

  10. Expert Opinions

    1. Rice Milk Market Outlook
    2. Investment Opportunities

  11. Appendix

    1. List of Tables
    2. List of Figures

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