Product Code: PMRREP32197
Persistence Market Research has recently released a comprehensive report on the global rice milk market. The report offers a thorough assessment of crucial market dynamics, including drivers, trends, opportunities, and challenges, providing detailed insights into the market structure.
Key Insights:
- Rice Milk Market Size (2024E): USD 1,170.7 Million
- Projected Market Value (2033F): USD 2,522.1 Million
- Global Market Growth Rate (CAGR 2024 to 2033): 8.9%
Rice Milk Market - Report Scope:
Rice milk, a popular plant-based milk alternative, caters to individuals with lactose intolerance, milk allergies, and those following a vegan diet. It is made from rice and is often fortified with additional nutrients like calcium and vitamin D to enhance its nutritional profile. The rice milk market serves various applications, including beverage, bakery, and dairy alternatives, providing a range of products like sweetened, unsweetened, and flavored rice milk. Market growth is driven by increasing consumer preference for plant-based diets, rising awareness about lactose intolerance, and advancements in rice milk processing technology, which improve product taste and shelf life.
Market Growth Drivers:
The global rice milk market is propelled by several key factors, including the growing adoption of plant-based diets and the rising number of individuals with lactose intolerance and milk allergies. Increased health consciousness and a preference for dairy-free options also fuel market expansion. Technological advancements in rice milk production, such as improved filtration and fortification techniques, contribute to enhanced product quality and variety. Additionally, the rising availability of rice milk in supermarkets and convenience stores, coupled with attractive packaging and marketing strategies, boosts consumer accessibility and market demand.
Market Restraints:
Despite promising growth prospects, the rice milk market faces challenges related to the high cost of production and the competitive landscape of plant-based milk alternatives. Rice milk production involves significant processing, which can lead to higher prices compared to traditional dairy milk. Additionally, the market faces competition from other plant-based milk options like almond, soy, and oat milk, which may offer distinct flavor profiles and nutritional benefits. Addressing these challenges requires innovations in production efficiency and strategic pricing to maintain market competitiveness.
Market Opportunities:
The rice milk market presents significant growth opportunities driven by rising consumer demand for dairy alternatives, innovations in product development, and expanding market reach. The integration of rice milk into new product categories, such as ready-to-drink beverages and health supplements, offers opportunities for market expansion. Strategic partnerships with retailers and foodservice providers, along with investment in marketing and brand development, can further drive market growth. Additionally, exploring emerging markets and increasing product availability in developing regions present new avenues for revenue generation.
Key Questions Answered in the Report:
- What are the primary factors driving the growth of the rice milk market globally?
- Which rice milk varieties and applications are gaining traction across different consumer segments?
- How are technological advancements reshaping the competitive landscape of the rice milk market?
- Who are the key players contributing to the rice milk market, and what strategies are they employing to maintain market relevance?
- What are the emerging trends and future prospects in the global rice milk market?
Competitive Intelligence and Business Strategy:
Leading players in the global rice milk market, including RiceDream, Pacific Foods, and Alpro, focus on innovation, product differentiation, and strategic partnerships to gain a competitive edge. These companies invest in R&D to develop new rice milk variants and enhance product quality, catering to diverse consumer preferences. Collaborations with distributors, retailers, and health influencers facilitate market access and promote brand awareness. Moreover, emphasis on sustainable sourcing, eco-friendly packaging, and health-oriented marketing strategies fosters market growth and strengthens consumer trust.
Key Companies Profiled:
- RiceDream
- Pacific Foods
- Alpro
- Silk (WhiteWave)
- Eden Foods
- Nutriops
- The Bridge
- Oatly Group AB
- Rebalance
- Happy Planet Foods
Rice Milk Industry Research by Category
By Nature:
By End Use:
- Food & Beverage Industry
- Retail/Household
- Foodservice Industry
By Distribution Channel:
- Business to Business
- Business to Consumer
By Region:
- North America
- Latin America
- Europe
- South Asia & Pacific
- East Asia
- Middle East & Africa
Table of Contents
1. Executive Summary
- 1.1. Global Market Outlook
- 1.2. Demand Side Trends
- 1.3. Supply Side Trends
- 1.4. Analysis and Recommendations
2. Market Overview
- 2.1. Market Coverage / Taxonomy
- 2.2. Market Definition / Scope / Limitations
3. Key Market Trends
- 3.1. Food & Beverage Industry Trends
- 3.2. Food & Beverage Industry Challenges
- 3.3. Opportunities in Food & Beverage Industry
- 3.4. Key Market Trends
4. Key Success Factors
- 4.1. Vegan Product Adoption Analysis
- 4.2. Strategic Promotional Strategies - Plant-based Food Products
5. Global Rice Milk Market Demand Analysis 2019-2023 and Forecast, 2024-2033
- 5.1. Historical Market Volume (Tons) and Value (US$ Mn) Analysis, 2019-2023
- 5.2. Current and Future Market Volume (Tons) and Value (US$ Mn) Projections, 2024-2033
- 5.3. Y-o-Y Growth Trend Analysis
6. Global Rice Milk Market - Pricing Analysis
- 6.1. Regional Pricing Analysis By Nature
- 6.2. Global Average Pricing Analysis Benchmark
7. Market Background
- 7.1. Macro-Economic Factors
- 7.1.1. Global GDP Growth Outlook
- 7.1.2. Global Industry Value Added
- 7.1.3. Global Urbanization Growth Outlook
- 7.1.4. Global Food Security Index Outlook
- 7.1.5. Global Rank - Ease of Doing Business
- 7.1.6. Global Rank - Trading Across Borders
- 7.2. Global Food and Beverage Industry Overview
- 7.3. Food & Beverage Industry Key Indicators
- 7.4. Global Beverage Industry Outlook
- 7.5. Global Organic Agriculture Land Outlook
- 7.6. Plant-based Food Industry - Driving Forces
- 7.7. Dairy Alternatives Market
- 7.8. Global Consumer Products Outlook
- 7.9. Agriculture - Transforming into High-Tech Agriculture Industry
- 7.10. Sustainable Agriculture
- 7.11. Sustainable Development Goals
- 7.12. The Future of Food
- 7.13. Rice Production Overview
- 7.14. Label Claims: Overview
- 7.15. Key Regulations - Labeling & Certifications
- 7.16. V-Label
- 7.17. Evolution of Vegan
- 7.18. Vegan - An Overview
- 7.19. A Rising Trend - Vegan Takeovers by Numbers
- 7.20. Value-Chain Analysis
- 7.21. Market Dynamics
- 7.21.1. Drivers
- 7.21.2. Restraints
- 7.21.3. Opportunity Analysis
- 7.22. Forecast Factors - Relevance & Impact
8. Global Rice Milk Market Analysis 2019-2023 and Forecast 2024-2033, By Nature
- 8.1. Introduction / Key Findings
- 8.2. Historical Market Size (US$ Mn) and Volume Analysis By Nature, 2019-2023
- 8.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Nature, 2024-2033
- 8.3.1. Organic
- 8.3.2. Conventional
- 8.4. Market Attractiveness Analysis By Nature
9. Global Rice Milk Market Analysis 2019-2023 and Forecast 2024-2033, By End Use
- 9.1. Introduction / Key Findings
- 9.2. Historical Market Size (US$ Mn) and Volume Analysis By End Use, 2019-2023
- 9.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By End Use, 2024-2033
- 9.3.1. Food & Beverage Industry
- 9.3.1.1. Bakery & Confectionery
- 9.3.1.2. Dairy & Desserts
- 9.3.1.3. Infant Formula
- 9.3.2. Retail/Household
- 9.3.3. Foodservice Industry
- 9.4. Market Attractiveness Analysis By End Use
10. Global Rice Milk Market Analysis 2019-2023 and Forecast 2024-2033, By Distribution Channel
- 10.1. Introduction / Key Findings
- 10.2. Historical Market Size (US$ Mn) and Volume Analysis By Distribution Channel, 2019-2023
- 10.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Distribution Channel, 2024-2033
- 10.3.1. Business to Business
- 10.3.2. Business to Consumer
- 10.3.2.1. Hypermarkets/Supermarkets
- 10.3.2.2. Convenience Stores
- 10.3.2.3. Specialty Retail
- 10.3.2.4. Online Retail
- 10.4. Market Attractiveness Analysis By Distribution Channel
11. Global Rice Milk Market Analysis 2019-2023 and Forecast 2024-2033, By Region
- 11.1. Introduction
- 11.2. Historical Market Size (US$ Mn) and Volume Analysis By Region, 2019-2023
- 11.3. Current Market Size (US$ Mn) and Volume Analysis and Forecast By Region, 2024-2033
- 11.3.1. North America
- 11.3.2. Latin America
- 11.3.3. Europe
- 11.3.4. South Asia & Pacific
- 11.3.5. East Asia
- 11.3.6. Middle East and Africa (MEA)
- 11.4. Market Attractiveness Analysis By Region
12. North America Rice Milk Market Analysis 2019-2023 and Forecast 2024-2033
- 12.1. Introduction
- 12.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
- 12.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
- 12.3.1. By Country
- 12.3.1.1. U.S.
- 12.3.1.2. Canada
- 12.3.2. By Nature
- 12.3.3. By End Use
- 12.3.4. By Distribution Channel
- 12.4. Market Attractiveness Analysis
- 12.4.1. By Country
- 12.4.2. By Nature
- 12.4.3. By End Use
- 12.4.4. By Distribution Channel
- 12.5. Drivers and Restraints - Impact Analysis
13. Latin America Rice Milk Market Analysis 2019-2023 and Forecast 2024-2033
- 13.1. Introduction
- 13.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
- 13.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
- 13.3.1. By Country
- 13.3.1.1. Brazil
- 13.3.1.2. Mexico
- 13.3.1.3. Rest of Latin America
- 13.3.2. By Nature
- 13.3.3. By End Use
- 13.3.4. By Distribution Channel
- 13.4. Market Attractiveness Analysis
- 13.4.1. By Nature
- 13.4.2. By End Use
- 13.4.3. By Distribution Channel
- 13.5. Drivers and Restraints - Impact Analysis
14. Europe Rice Milk Market Analysis 2019-2023 and Forecast 2024-2033
- 14.1. Introduction
- 14.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
- 14.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
- 14.3.1. By Country
- 14.3.1.1. Germany
- 14.3.1.2. U.K.
- 14.3.1.3. France
- 14.3.1.4. Italy
- 14.3.1.5. Spain
- 14.3.1.6. BENELUX
- 14.3.1.7. Nordic
- 14.3.1.8. Russia
- 14.3.1.9. Poland
- 14.3.1.10. Rest of Europe
- 14.3.2. By Nature
- 14.3.3. By End Use
- 14.3.4. By Distribution Channel
- 14.4. Market Attractiveness Analysis
- 14.4.1. By Country
- 14.4.2. By Nature
- 14.4.3. By End Use
- 14.4.4. By Distribution Channel
- 14.5. Drivers and Restraints - Impact Analysis
15. South Asia & Pacific Rice Milk Market Analysis 2019-2023 and Forecast 2024-2033
- 15.1. Introduction
- 15.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
- 15.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
- 15.3.1. By Country
- 15.3.1.1. India
- 15.3.1.2. ASEAN
- 15.3.1.3. Oceania (Australia & New Zealand)
- 15.3.1.4. Rest of South Asia & Pacific
- 15.3.2. By Nature
- 15.3.3. By End Use
- 15.3.4. By Distribution Channel
- 15.4. Market Attractiveness Analysis
- 15.4.1. By Country
- 15.4.2. By Nature
- 15.4.3. By End Use
- 15.4.4. By Distribution Channel
- 15.5. Drivers and Restraints - Impact Analysis
16. East Asia Rice Milk Market Analysis 2019-2023 and Forecast 2024-2033
- 16.1. Introduction
- 16.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
- 16.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
- 16.3.1. By Country
- 16.3.1.1. China
- 16.3.1.2. Japan
- 16.3.1.3. South Korea
- 16.3.2. By Nature
- 16.3.3. By End Use
- 16.3.4. By Distribution Channel
- 16.4. Market Attractiveness Analysis
- 16.4.1. By Country
- 16.4.2. By Nature
- 16.4.3. By End Use
- 16.4.4. By Distribution Channel
- 16.5. Drivers and Restraints - Impact Analysis
17. Middle East and Africa Rice Milk Market Analysis 2019-2023 and Forecast 2024-2033
- 17.1. Introduction
- 17.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
- 17.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
- 17.3.1. By Country
- 17.3.1.1. GCC Countries
- 17.3.1.2. South Africa
- 17.3.1.3. Rest of Middle East and Africa
- 17.3.2. By Nature
- 17.3.3. By End Use
- 17.3.4. By Distribution Channel
- 17.4. Market Attractiveness Analysis
- 17.4.1. By Country
- 17.4.2. By Nature
- 17.4.3. By End Use
- 17.4.4. By Distribution Channel
- 17.5. Drivers and Restraints - Impact Analysis
18. Country Wise Rice Milk Market Analysis 2024
- 18.1. Introduction
- 18.1.1. Market Value Proportion Analysis, By Key Countries
- 18.1.2. Global Vs. Country Growth Comparison
- 18.2. U.S. Rice Milk Market Analysis
- 18.2.1. By Nature
- 18.2.2. By End Use
- 18.2.3. By Distribution Channel
- 18.3. Canada Rice Milk Market Analysis
- 18.3.1. By Nature
- 18.3.2. By End Use
- 18.3.3. By Distribution Channel
- 18.4. Mexico Rice Milk Market Analysis
- 18.4.1. By Nature
- 18.4.2. By End Use
- 18.4.3. By Distribution Channel
- 18.5. Brazil Rice Milk Market Analysis
- 18.5.1. By Nature
- 18.5.2. By End Use
- 18.5.3. By Distribution Channel
- 18.6. Germany Rice Milk Market Analysis
- 18.6.1. By Nature
- 18.6.2. By End Use
- 18.6.3. By Distribution Channel
- 18.7. Italy Rice Milk Market Analysis
- 18.7.1. By Nature
- 18.7.2. By End Use
- 18.7.3. By Distribution Channel
- 18.8. France Rice Milk Market Analysis
- 18.8.1. By Nature
- 18.8.2. By End Use
- 18.8.3. By Distribution Channel
- 18.9. U.K. Rice Milk Market Analysis
- 18.9.1. By Nature
- 18.9.2. By End Use
- 18.9.3. By Distribution Channel
- 18.10. Spain Rice Milk Market Analysis
- 18.10.1. By Nature
- 18.10.2. By End Use
- 18.10.3. By Distribution Channel
- 18.11. Russia Rice Milk Market Analysis
- 18.11.1. By Nature
- 18.11.2. By End Use
- 18.11.3. By Distribution Channel
- 18.12. China Rice Milk Market Analysis
- 18.12.1. By Nature
- 18.12.2. By End Use
- 18.12.3. By Distribution Channel
- 18.13. Japan Rice Milk Market Analysis
- 18.13.1. By Nature
- 18.13.2. By End Use
- 18.13.3. By Distribution Channel
- 18.14. S. Korea Rice Milk Market Analysis
- 18.14.1. By Nature
- 18.14.2. By End Use
- 18.14.3. By Distribution Channel
- 18.15. India Rice Milk Market Analysis
- 18.15.1. By Nature
- 18.15.2. By End Use
- 18.15.3. By Distribution Channel
- 18.16. ASEAN Rice Milk Market Analysis
- 18.16.1. By Nature
- 18.16.2. By End Use
- 18.16.3. By Distribution Channel
- 18.17. Australia and New Zealand Rice Milk Market Analysis
- 18.17.1. By Nature
- 18.17.2. By End Use
- 18.17.3. By Distribution Channel
- 18.18. Turkey Rice Milk Market Analysis
- 18.18.1. By Nature
- 18.18.2. By End Use
- 18.18.3. By Distribution Channel
- 18.19. South Africa Rice Milk Market Analysis
- 18.19.1. By Nature
- 18.19.2. By End Use
- 18.19.3. By Distribution Channel
19. Market Structure Analysis
- 19.1. Market Analysis By Tier of Companies
- 19.2. Market Concentration
- 19.3. Market Presence Analysis
20. Competition Analysis
- 20.1. Competition Dashboard
- 20.2. Competition Benchmarking
- 20.3. Competition Deep Dive
- 20.3.1. Stremicks Heritage FoodsTM, LLC
- 20.3.1.1. Overview
- 20.3.1.2. Product Portfolio
- 20.3.1.3. Sales Footprint
- 20.3.1.4. Strategy Overview
- 20.3.1.5. Key Developments/Key Takeaways
- 20.3.2. Essona Organics, Inc
- 20.3.2.1. Overview
- 20.3.2.2. Product Portfolio
- 20.3.2.3. Sales Footprint
- 20.3.2.4. Strategy Overview
- 20.3.2.5. Key Developments/Key Takeaways
- 20.3.3. Nutra Organics
- 20.3.3.1. Overview
- 20.3.3.2. Product Portfolio
- 20.3.3.3. Sales Footprint
- 20.3.3.4. Strategy Overview
- 20.3.3.5. Key Developments/Key Takeaways
- 20.3.4. Danone
- 20.3.4.1. Overview
- 20.3.4.2. Product Portfolio
- 20.3.4.3. Sales Footprint
- 20.3.4.4. Strategy Overview
- 20.3.4.5. Key Developments/Key Takeaways
- 20.3.5. The Hain Celestial Group, Inc
- 20.3.5.1. Overview
- 20.3.5.2. Product Portfolio
- 20.3.5.3. Sales Footprint
- 20.3.5.4. Strategy Overview
- 20.3.5.5. Key Developments/Key Takeaways
- 20.3.6. Campbell Soup Company
- 20.3.6.1. Overview
- 20.3.6.2. Product Portfolio
- 20.3.6.3. Sales Footprint
- 20.3.6.4. Strategy Overview
- 20.3.6.5. Key Developments/Key Takeaways
- 20.3.7. Nature's Choice
- 20.3.7.1. Overview
- 20.3.7.2. Product Portfolio
- 20.3.7.3. Sales Footprint
- 20.3.7.4. Strategy Overview
- 20.3.7.5. Key Developments/Key Takeaways
- 20.3.8. PANOS brands
- 20.3.8.1. Overview
- 20.3.8.2. Product Portfolio
- 20.3.8.3. Sales Footprint
- 20.3.8.4. Strategy Overview
- 20.3.8.5. Key Developments/Key Takeaways
- 20.3.9. Vitasoy Australia Products Pty Ltd
- 20.3.9.1. Overview
- 20.3.9.2. Product Portfolio
- 20.3.9.3. Sales Footprint
- 20.3.9.4. Strategy Overview
- 20.3.9.5. Key Developments/Key Takeaways
- 20.3.10. Pureharvest Pty ltd
- 20.3.10.1. Overview
- 20.3.10.2. Product Portfolio
- 20.3.10.3. Sales Footprint
- 20.3.10.4. Strategy Overview
- 20.3.10.5. Key Developments/Key Takeaways
- 20.3.11. freedom foods group Ltd
- 20.3.11.1. Overview
- 20.3.11.2. Product Portfolio
- 20.3.11.3. Sales Footprint
- 20.3.11.4. Strategy Overview
- 20.3.11.5. Key Developments/Key Takeaways
- 20.3.12. OKF Corporation
- 20.3.12.1. Overview
- 20.3.12.2. Product Portfolio
- 20.3.12.3. Sales Footprint
- 20.3.12.4. Strategy Overview
- 20.3.12.5. Key Developments/Key Takeaways
- 20.3.13. The Italian Way
- 20.3.13.1. Overview
- 20.3.13.2. Product Portfolio
- 20.3.13.3. Sales Footprint
- 20.3.13.4. Strategy Overview
- 20.3.13.5. Key Developments/Key Takeaways
- 20.3.14. RITA FOOD and DRINK CO.,LTD
- 20.3.14.1. Overview
- 20.3.14.2. Product Portfolio
- 20.3.14.3. Sales Footprint
- 20.3.14.4. Strategy Overview
- 20.3.14.5. Key Developments/Key Takeaways
- 20.3.15. Fine Japan Co. Ltd.
- 20.3.15.1. Overview
- 20.3.15.2. Product Portfolio
- 20.3.15.3. Sales Footprint
- 20.3.15.4. Strategy Overview
- 20.3.15.5. Key Developments/Key Takeaways
- 20.3.16. Nutriops S.L
- 20.3.16.1. Overview
- 20.3.16.2. Product Portfolio
- 20.3.16.3. Sales Footprint
- 20.3.16.4. Strategy Overview
- 20.3.16.5. Key Developments/Key Takeaways
- 20.3.17. BSCM Foods Co., Ltd.
- 20.3.17.1. Overview
- 20.3.17.2. Product Portfolio
- 20.3.17.3. Sales Footprint
- 20.3.17.4. Strategy Overview
- 20.3.17.5. Key Developments/Key Takeaways
- 20.3.18. RISO SCOTTI S.p.A.
- 20.3.18.1. Overview
- 20.3.18.2. Product Portfolio
- 20.3.18.3. Sales Footprint
- 20.3.18.4. Strategy Overview
- 20.3.18.5. Key Developments/Key Takeaways
- 20.3.19. Dinavedic
- 20.3.19.1. Overview
- 20.3.19.2. Product Portfolio
- 20.3.19.3. Sales Footprint
- 20.3.19.4. Strategy Overview
- 20.3.19.5. Key Developments/Key Takeaways
- 20.3.20. Axiom foods inc
- 20.3.20.1. Overview
- 20.3.20.2. Product Portfolio
- 20.3.20.3. Sales Footprint
- 20.3.20.4. Strategy Overview
- 20.3.20.5. Key Developments/Key Takeaways
21. Assumptions & Acronyms Used
22. Research Methodology