Rice Milk is primarily sourced from rice whole grains and is produced through an enzymatic process. The rice milk is prepared from whole grains of brown rice. Rice milk is considered a great alternative to conventional milk with its benefits, including free-from cholesterol and lactose. Rice milk is produced with added fortified elements to overcome the lack of nutrients in it. The rice milk market is targeted towards the vegan as well as lactose-free population.
MARKET DYNAMICS
The rice milk market has witnessed significant growth owing to factors such as the increasing prevalence of non-dairy milk products and the rising adoption of vegan diets. Rice Milk is a nice alternative for consumers suffering from lactose intolerance and cannot have any dairy products. It is also an alternative to conventional milk with benefits including free-from cholesterol and lactose. All these factors are propelling the demand for the studied market. However, fluctuating prices of raw materials may hinder the growth of the rice milk market. Nevertheless, with the steady growth in the food processing industry and agriculture industry, there are opportunities for the market players to invest in this market.
MARKET SCOPE
The "Global Rice Milk 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 milk market with detailed market segmentation by form, category, distribution channel, and geography. The global rice milk market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading rice milk market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global rice milk market is segmented on the basis of form, category, and distribution channel. On the basis of form, the rice milk market is segmented into powder, and liquid. The rice milk market on the basis of the category is classified into organic and conventional. On the basis of distribution channel, global rice milk market is bifurcated into supermarket & hypermarket, convenience stores, online retailers, 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 milk market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The rice milk 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 milk market from both demand and supply side and further evaluates market dynamics affecting the market during 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 milk market in these regions.
MARKET PLAYERS
The reports cover various key developments in the global rice milk market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from rice milk market are anticipated to lucrative growth opportunities in the future with the rising demand for rice milk in the global market. Below mentioned is the list of few companies engaged in the rice milk market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the rice milk 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.
- Fine Japan Co.,Ltd.
- Gan Teck Kar Foods
- Nature's Choice Pty Ltd
- Panos brands, LLC
- Pureharvest Pty ltd
- SunOpta Inc.
- The Bridge S.R.L
- The Hain Celestial Group, Inc
- Vitasoy Australia Products Pty Ltd
- The WhiteWave Foods
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.