Rice Cakes Market: Segmentation Analysis
The 120 pages report with TOC segments the rice cakes market by type (brown rice cakes, white rice cakes, and other rice cakes) and geography (APAC, Europe, North America, South America, and MEA).
By type, the market is witnessing high demand for brown rice cakes. The brown rice cakes segment is driven by the increasing consumer awareness about the health benefits associated with the consumption of brown rice. In addition, the increasing number of new product launches and continuous product innovations are fostering the growth of the segment.
By region, APAC accounted for the largest share of the market, occupying 53% of the global market share. The growing trend of snacking between regular meals, changes in lifestyles, and the widespread availability of rice cakes are driving the growth of the regional market. In addition, factors such as growing disposable income, rapidly expanding population, and the rising number of modern retail stores will further accelerate the growth of the rice cakes market in APAC during the forecast period.
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Rice Cakes Market: Growth Drivers
The rice cakes market is driven by the increasing demand for healthier snack varieties. Processed foods generally contain high-calorie content, trans fat, sugar, sodium, and other harmful chemicals that deteriorate health. Hence, consumers are increasingly shifting their preferences toward the consumption of healthier snack variants. To capitalize on this growing trend, vendors are focusing on making their products less harmful by reforming their manufacturing processes and ingredients. Rice cakes are generally low in sugar, fat-free, and naturally gluten-free. Also, cakes made using brown rice are rich in fiber, carbohydrates, and phytochemicals. Such benefits are increasing the consumption of rice cakes, which is driving the growth of the market.
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Rice Cakes Market: Key vendor offerings
Das Foodtech Pvt. Ltd.: The company offers rice cakes such as Organic Wholegrain Brown Rice Cakes and others.
Element Snacks Inc.: The company offers rice cakes such as topped rice cakes and others.
Lundberg Family Farms: The company offers rice cakes such as organic rice cakes, brown rice cakes, and others.
Nishimoto Co. Ltd.: The company offers rice cakes named Maru Mochi (Frozen Rice Cake).
Ottogi Co. Ltd.: The company offers rice cakes such as chilled rice cakes and others.
View our Rice Cake Market Snapshot to uncover other dominant players.
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Rice Cakes Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.06% |
Market growth 2021-2025 |
USD 540.61 million |
Market structure |
Fragmented |
YoY growth (%) |
3.45 |
Regional analysis |
APAC, Europe, North America, South America, and MEA |
Performing market contribution |
APAC at 53% |
Key consumer countries |
China, US, Germany, UK, and India |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Das Foodtech Pvt. Ltd., Element Snacks Inc., Lundberg Family Farms, Nishimoto Co. Ltd., Ottogi Co. Ltd., PepsiCo Inc., RACIO sro, Ricegrowers Ltd., SanoRice Holding BV, and Vital Health Foods |
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 the 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 Type
- Market segments
- Comparison by Type
- Brown rice cakes - Market size and forecast 2020-2025
- White rice cakes - Market size and forecast 2020-2025
- Other rice cakes - Market size and forecast 2020-2025
- Market opportunity by Type
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- North America - 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
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Das Foodtech Pvt. Ltd.
- Element Snacks Inc.
- Lundberg Family Farms
- Nishimoto Co. Ltd.
- Ottogi Co. Ltd.
- PepsiCo Inc.
- RACIO sro
- Ricegrowers Ltd.
- SanoRice Holding BV
- Vital Health Foods
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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