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Rice Milk Market-Segmented by Application (Snacks, Bakery & Confectionery, Beverages and Others), by Form (Powder Rice Milk and Fluid Rice Milk), by Source (Organic and Conventional), and Geography - Growth, Trends and Forecasts (2018 - 2023)

  • ID: 4622531
  • Report
  • 104 pages
  • Mordor Intelligence
UP TO OFF
until Dec 31st 2019
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FEATURED COMPANIES

  • Campbell Soup Company
  • Fine Japan Co. Ltd.
  • Nature's Choice Pty Ltd.
  • Panos Brands Llc
  • Pureharvest Pty ltd
  • SunOpta Inc.
  • MORE
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 Market Segmentation

The rice milk market is segmented on the basis of application, source, form, and geography. By application, the rice milk market is further sub-segmented into Snacks, Bakery & Confectionery, beverages and others. Beverage consists of the largest market share due to high consumption of fluid milk.

By source, rice milk is segmented into organic and conventional. The organic rice milk segment is anticipated to dominate the 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 the Market
  • July 2016 - Danone, the French dairy giant, acquired Whitewave Foods in a deal worth USD 10 billion to expand its business in the dairy industry.
Competitive Landscape of Rice Milk Market

Major Players: 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 and Fine Japan Co. Ltd.,among others.

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.

Reasons to Purchase the 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.
  • 3 months analyst support along with the Market Estimates sheet (in Excel).
Customization of the Report
  • This report can be customized to meet your requirements. Please connect with our Customer Service Team, who will ensure you get a report that suits your needs.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Campbell Soup Company
  • Fine Japan Co. Ltd.
  • Nature's Choice Pty Ltd.
  • Panos Brands Llc
  • Pureharvest Pty ltd
  • SunOpta Inc.
  • MORE
1. Introduction
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Research Phases
1.4 Scope of the Market

2. Rice Milk Market Insights
2.1 Market Overview
2.2 Market Trends
2.3 Industry Attractiveness-Porter’s Five Forces Analysis
2.3.1 Bargaining Power of Suppliers
2.3.2 Bargaining Power of Consumers
2.3.3 Threat of New Entrants
2.3.4 Threat of Substitute Products
2.3.5 Degree of Competition

3. Rice Milk Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities

4. Rice Milk Market Segmentation
4.1 By Application
4.1.1 Snacks
4.1.2 Bakery & Confectionery
4.1.3 Beverages
4.1.4 Others
4.2 By Form
4.2.1 Powder rice milk
4.2.2 Fluid rice milk
4.3 By Source
4.3.1 Organic
4.3.2 Conventional

5. Rice Milk Regional Segmentation and Analysis (Market Size in USD million, 2015-2023)
5.1 North America Rice Milk Market Size (2018 - 2023)
5.1.1 US Rice Milk Market Size (2018 - 2023)
5.1.2 Mexico Rice Milk Market Size (2018 - 2023)
5.1.3 Canada Rice Milk Market Size (2018 - 2023)
5.1.4 Rest of North America Rice Milk Market Size (2018 - 2023)
5.2 Europe Rice Milk Market Size (2018 - 2023)
5.2.1 UK Rice Milk Market Size (2018 - 2023)
5.2.2 France Rice Milk Market Size (2018 - 2023)
5.2.3 Germany Rice Milk Market Size (2018 - 2023)
5.2.4 Italy Rice Milk Market Size (2018 - 2023)
5.2.5 Rest of Europe Rice Milk Market Size (2018 - 2023)
5.3 Asia Pacific Rice Milk Market Size (2018 - 2023)
5.3.1 India Rice Milk Market Size (2018 - 2023)
5.3.2 China Rice Milk Market Size (2018 - 2023)
5.3.3 Japan Rice Milk Market Size (2018 - 2023)
5.3.4 Australia Rice Milk Market Size (2018 - 2023)
5.3.5 Rest of Asia-Pacific Rice Milk Market Size (2018 - 2023)
5.4 South America Rice Milk Market Size (2018 - 2023)
5.4.1 Brazil Rice Milk Market Size (2018 - 2023)
5.4.2 Argentina Rice Milk Market Size (2018 - 2023)
5.4.3 Mexico Rice Milk Market Size (2018 - 2023)
5.4.4 Rest of South America Rice Milk Market Size (2018 - 2023)
5.5 Middle East & Africa (MEA) Rice Milk Market Size (2018 - 2023)
5.5.1 South Africa Rice Milk Market Size (2018 - 2023)
5.5.2 Kingdom of Saudi Arabia Rice Milk Market Size (2018 - 2023)
5.5.3 Rest of Middle East & Africa Rice Milk Market Size (2018 - 2023)

6. Rice Milk Competitive Landscape
6.1 Most Active Companies
6.2 Most adopted Strategies
6.3 Market Share Analysis

7. Company Profiles
7.1 Vitasoy Australia Products Pty Ltd
7.2 Campbell Soup Company
7.3 The Hain Celestial Group, Inc
7.4 Pureharvest Pty ltd
7.5 Nature's Choice Pty Ltd.
7.6 Panos Brands Llc
7.7 WhiteWave Foods
7.8 SunOpta Inc.
7.9 The Bridge s.r.l
7.10 Fine Japan Co. Ltd.

8. Appendix

8.1 Disclaimer
Note: Product cover images may vary from those shown
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  • 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.
Note: Product cover images may vary from those shown
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