A rice cake may be any food item made from rice that has been shaped, condensed, or combined into a single object that has also been sweetened. It is made from puffed rice pressed together into a cake; rice cakes are often eaten as a low-calorie substitute for bread and crackers. Also, as a low in calories and fat, it offers a healthier crunch than many less healthy snacks foods, such as potato chips. Though all rice cakes taste like pounded rice (even the ones made with brown rice vary little in their taste), the specific shape dramatically affects the texture. However, thin slices are significantly less chewy than large, round rice cakes that are genuinely toothsome in the degree of their chewiness.
MARKET DYNAMICS
The rice cakes market has witnessed a significant growth owing to factors such as products are produced using natural ingredients and hence, are most preferred by health-conscious consumers. Moreover, the growing prevalence of celiac diseases worldwide is encouraging more consumers to opt for gluten-free products like rice cakes fuel market growth. However, natural disasters and adverse weather conditions, for example, earthquakes, floods, frost, droughts, and pestilence, affect the production of rice, which is the major ingredient used to manufacture rice cakes and is projected to hamper the overall growth of the rice cakes market.
MARKET SCOPE
The "Global Rice Cakes Market Analysis to 2028?" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the rice cakes market with detailed market segmentation product type, flavor type, raw material, distribution channel, packaging type and geography. The global rice cakes market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading rice cakes market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global rice cakes market is segmented on the basis of product type, flavor type, raw material, distribution channel and packaging type. On the basis of product type, the global rice cakes market is divided into mochi (Japanese rice cakes), Puffed rice cakes (North American rice cakes) and others. On the basis of flavor type, the global rice cakes market is divided into chocolate, apple cinnamon, chicken, caramel, and others. On the basis of raw material, the market is divided into white rice and brown rice. On the basis of distribution channel, the market is divided into modern trade, specialty stores, convenience store, online stores and other retail stores. On the basis of packaging type, the market is divided into pillow pouches, stick packs, snack-sized portion bags and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global rice cakes market based on various segments. It also provides marketsize and forecast estimates from the year 2020to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The rice cakes market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the rice cakes market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the rice cakes market in these regions.
MARKET PLAYERS
The reports cover key developments in the rice cakes market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of marketplayers. The marketpayers from rice cakes market is anticipated to lucrative growth opportunities in the future with the rising demand for rice cakes in the global market. Below mentioned is the list of few companies engaged in the rice cakes market.
The report also includes the profiles of key companies along with their SWOT analysis and marketstrategies in the rice cakes market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Element Snacks, Inc.
- Ketofy
- Lundberg
- Mars Incorporated
- PepsiCo
- Quaker Oats Company
- RACIO, s.r.o.
- Sanorice
- Tastemorr Snacks
- Wise Crack.
The Insight Partner dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.