Rice Cakes Market Size, Share, Trends, Key Drivers, Growth and Opportunity Analysis

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Data Bridge Market Research analyses that the rice cakes market was valued at USD 34.84 billion in 2022 and is expected to reach the value of USD 55.2 billion by 2030, at a CAGR of 6.5% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as mark

Rice Cakes Market – Industry Trends and Forecast to 2030

Global Rice Cakes Market, By Product Type (Mochi, Puffed rice cakes, Others), Flavour Type (Chocolate, Apple Cinnamon, Chicken, Caramel, Others), Raw Material (White Rice, Brown Rice), Distribution Channel (Modern Trade, Specialty Stores, Convenience Store, Online Stores, Other Retail Stores), Packaging Type (Pillow Pouches, Stick Packs, Snack-Sized Portion Bags, Others) - Industry Trends and Forecast to 2030.

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The global rice cakes market is expected to experience significant growth in the forecast period based on increasing consumer demand for healthier snack alternatives. Consumption of rice cakes has been on the rise due to their low-calorie content, gluten-free nature, and various flavors available in the market. The market is also witnessing growth due to the rising trend of snacking on-the-go and the increasing focus on health and wellness among consumers. Additionally, the availability of organic and non-GMO rice cakes is further driving market expansion.

**Segments**

- **Type:** Plain, Flavored
- **Distribution Channel:** Supermarkets/Hypermarkets, Convenience Stores, Online Retail

The rice cakes market can be segmented based on type and distribution channel. In terms of types, rice cakes are available in plain as well as flavored varieties to cater to different consumer preferences. The flavored segment is expected to witness significant growth as companies innovate with new and exotic flavors to attract consumers. Distribution channels play a crucial role in reaching the target audience. Supermarkets/hypermarkets remain the primary distribution channel for rice cakes, followed by convenience stores and the rising trend of online retail, providing consumers with convenience and accessibility to a wide range of product options.

**Market Players**

- Quaker Oats Company
- Lundberg Family Farms
- Riviana Foods Inc.
- Kallo Foods Ltd
- Snap Crisp

Several key players operate in the global rice cakes market, offering a diverse range of products to meet consumer demands. The Quaker Oats Company, known for its wide range of healthy snacks, is a prominent player in the market. Lundberg Family Farms is another key player known for its organic rice cakes, appealing to health-conscious consumers. Riviana Foods Inc. and Kallo Foods Ltd also have a significant presence in the market with their various rice cake product offerings. Additionally, Snap Crisp is known for its innovative flavors and product variety, catering to different consumer tastes.

For more insights and data, refer to: https://www.databThe global rice cakes market is poised for continued growth in the coming years as consumers increasingly opt for healthier snack alternatives. This trend is primarily driven by the rising awareness of the health benefits associated with rice cakes, such as their low-calorie content and gluten-free nature. Moreover, the availability of a wide range of flavors in the market caters to diverse consumer preferences, further fueling the demand for rice cakes. The convenience factor of rice cakes as an on-the-go snack option is also contributing to the market expansion, as busy lifestyles prompt consumers to seek convenient and nutritious snacking choices. Additionally, the growing focus on health and wellness is encouraging consumers to make more informed choices, propelling the demand for products like organic and non-GMO rice cakes.

In terms of segmentation, the rice cakes market can be categorized based on type and distribution channels. The differentiation between plain and flavored rice cakes allows companies to target specific consumer preferences and innovate with new flavor profiles to capture a broader audience. The flavored segment is expected to witness significant growth as manufacturers introduce unique and exotic flavors to attract consumers and differentiate their products in the market. Distribution channels play a vital role in ensuring product availability and accessibility to consumers. Supermarkets and hypermarkets remain the primary distribution channels for rice cakes, offering a wide variety of options to cater to diverse consumer needs. Convenience stores and online retail platforms are also gaining traction as convenient purchasing options for consumers looking for quick and easy access to rice cake products.

Key players in the global rice cakes market, such as the Quaker Oats Company, Lundberg Family Farms, Riviana Foods Inc., Kallo Foods Ltd, and Snap Crisp, play a significant role in shaping the competitive landscape of the industry. These market players offer a diverse range of rice cake products to meet consumer demands and preferences. The Quaker Oats Company stands out for its extensive range of healthy snacks, including rice cakes, appealing to health-conscious consumers seeking nutritious snacking options. Lundberg Family Farms, known for its**Global Rice Cakes Market, By Product Type (Mochi, Puffed rice cakes, Others), Flavour Type (Chocolate, Apple Cinnamon, Chicken, Caramel, Others), Raw Material (White Rice, Brown Rice), Distribution Channel (Modern Trade, Specialty Stores, Convenience Store, Online Stores, Other Retail Stores), Packaging Type (Pillow Pouches, Stick Packs, Snack-Sized Portion Bags, Others) - Industry Trends and Forecast to 2030**

The global rice cakes market is witnessing significant growth due to the increasing consumer shift towards healthier snacking options like rice cakes. Different product types such as mochi, puffed rice cakes, and others cater to diverse consumer preferences, while flavors like chocolate, apple cinnamon, chicken, and caramel offer a wide variety to choose from, further driving market demand. The raw material used, primarily white and brown rice, plays a crucial role in appealing to health-conscious consumers seeking gluten-free and organic options. Distribution channels such as modern trade, specialty stores, convenience stores, online retail, and other retail outlets ensure the accessibility and availability of rice cakes to the target audience. Various packaging types like pillow pouches, stick packs, and snack-sized portion bags enhance the convenience and appeal of rice cake products to consumers.

The market for rice cakes is poised for continued growth as consumer awareness regarding the health benefits of rice cakes continues to increase. The low-calorie content and gluten-free nature of rice cakes make them an attractive snack

 

Table of Content:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Global Rice Cakes Market Landscape

Part 04: Global Rice Cakes Market Sizing

Part 05: Global Rice Cakes Market Segmentation by Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

Rice Cakes Key Benefits over Global Competitors:

  • The report provides a qualitative and quantitative analysis of the Rice Cakes Market trends, forecasts, and market size to determine new opportunities.
  • Porter’s Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
  • Top impacting factors & major investment pockets are highlighted in the research.
  • The major countries in each region are analyzed and their revenue contribution is mentioned.
  • The market player positioning segment provides an understanding of the current position of the market players active in the Personal Care Ingredients

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