Download a Report Sample Now for highlights on market size, growth momentum, and regional growth opportunities in the market.
The 120-pages report segments the global packaged rice snacks market by product (rice cakes, RCCB, and rice crisps) and geography (APAC, North America, Europe, South America, and MEA).
The rice cakes segment will have the largest share of the market. Rice cake is available in various flavors such as chocolate crunch, white cheddar, apple cinnamon, and caramel corn. Variations of rice cakes are available in different countries. The increasing popularity of rice cakes is encouraging vendors to introduce certified organic variants of rice cakes. For instance, Lundberg Family Farms offers organic variants of caramel rice cakes, brown rice cakes, salted rice cakes, and sweet rice cakes. Besides, the increasing number of new product launches and the emergence of organic varieties of rice cakes are fostering the growth of the segment.
Identify other potential segments in the market. Download a Sample Report
The market is driven by the health benefits offered by packaged rice snacks. In addition, the increasing number of new product launches is anticipated to boost the growth of the packaged rice snacks market during the forecast period.
Rice snacks are among the healthiest snack variants. They rice snacks made from brown rice, which has significant health benefit as it is rich in fiber, photochemicals, and carbohydrates. Also, these snacks contain iron, magnesium, and zinc. They provide complex carbs for energy and antioxidant phytochemicals for healthy cells. The fiber content in packaged rice snacks helps in reducing inflammation, improving gut health, and boosting metabolism. Moreover, rice is considered to be a significant energy source as it contains a high amount of whole grain. Many such health benefits associated with the consumption of rice snacks are driving the growth of the market.
Download a Sample Report to identify other key drivers, trends, and challenges impacting the growth of the market.
Major Vendors in Packaged Rice Snacks Market:
The global packaged rice snacks market is fragmented with the presence of many vendors offering various products. Vendors operating in the market are trying to increase sales and market share by launching new variants, expanding their production capacity, and launching marketing campaigns to increase awareness among consumers. However, the increasing popularity of other types of packaged snacks and product recalls might challenge their growth.
Technavio identifies the following as the dominant players in the market.
- Element Snacks Inc.: The company offers different types of packaged rice snacks that are made of organic rice and also offers organic dark chocolate dipped rice cakes, and organic milk chocolate dipped rice cakes.
- Hunter Foods LLC: The company offers different types of packaged rice snacks such as Gourmet Brown Rice Crackers Multigrain, Black Sesame, Sea Salt, and others.
- KAMEDA SEIKA CO. LTD.: The company offers packaged rice snacks under its brands Ajicul Co. Ltd. (Ajicul), Toyosu Co. Ltd. (Toyosu), and Nisshin Seika Co. Ltd. (Nisshin Seika).
- Kellogg Co.: The company offers packaged rice snacks under its Kellogg and Pringles brands.
- Lundberg Family Farms: The company offers organic variants of caramel rice cakes, brown rice cakes, salted rice cakes, and sweet rice cakes.
View Our Sample Report for highlights to get more insights into the vendor landscape and other vendor profiles.
Related Reports:
Rice Cakes Market by Type and Geography - Forecast and Analysis 2021-2025
Rice Market in Spain by Distribution channel and Type - Forecast and Analysis 2022-2026
Packaged Rice Snacks Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.66% |
Market growth 2021-2025 |
USD 4.16 billion |
Market structure |
Fragmented |
YoY growth (%) |
5.11 |
Regional analysis |
APAC, North America, Europe, South America, and MEA |
Performing market contribution |
APAC at 84% |
Key consumer countries |
Japan, China, US, India, and South Korea (Republic of Korea) |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Element Snacks Inc., Hunter Foods LLC, KAMEDA SEIKA CO. LTD., Kellogg Co., Lundberg Family Farms, Mars Inc., PepsiCo Inc., Ricegrowers Ltd., SanoRice Holding BV, and Tastemorr Snacks - A Division of Basic Grain Products Inc. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- Rice cakes - Market size and forecast 2020-2025
- RCCB - Market size and forecast 2020-2025
- Rice crisps - Market size and forecast 2020-2025
- Market opportunity by Product
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2020-2025
- North America - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Element Snacks Inc.
- Hunter Foods LLC
- KAMEDA SEIKA CO. LTD.
- Kellogg Co.
- Lundberg Family Farms
- Mars Inc.
- PepsiCo Inc.
- Ricegrowers Ltd.
- SanoRice Holding BV
- Tastemorr Snacks - A Division of Basic Grain Products Inc.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
Share this article