Market Overview:
The global rice cakes market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for healthy snacks, increasing urbanization and growing disposable income. In terms of type, the wholemeal rice cake segment is expected to lead the market during the forecast period. This can be attributed to its health benefits such as being high in fiber and low in calories. In terms of application, the supermarket segment is expected to lead the market during the forecast period owing to rising demand for healthy snacks among consumers.
Product Definition:
Rice cake is a type of food that is made from rice. It can be eaten as a snack or used in other dishes.
Wholemeal Rice Cake:
Wholemeal rice cake is a variant of rice cake made from brown rice. It has high nutritional value and can be used as an alternative to white or refined rice cakes. The product also acts as a great source of fiber, which helps in lowering the cholesterol levels in the human body.
The global wholemeal rice cake market size was valued at USD 1,849.9 thousand in 2015.
Corn Rice Cake:
Corn rice cakes are also known as cornici or corn crackers. It is a food product made from refined, processed, and kneaded grains of yellow corn. The product consists of high amount of starch which makes it very firm and helps in maintaining its shape during processing.
Application Insights:
Supermarket was the largest application segment in 2017 and accounted for a market share of more than 60% in terms of revenue. rice cakes are easily available in supermarkets, where a large number of consumers buy them on a regular basis. Moreover, growing preference for convenience food products among consumers is expected to be one of the key growth driving factors over the forecast period.
Restaurant was the second largest application segment and accounted for 24% share in terms of revenue in 2017 due to rising product popularity among health-conscious people as well as athletes trying to gain weight muscles quickly. In addition, rice cakes are considered as an excellent source of fiber which helps reduce cholesterol levels along with other benefits such as digestion improvement and weight loss which is also likely to fuel its demand over the coming years.
Regional Analysis:
Asia Pacific is expected to be the largest and fastest-growing regional market over the forecast period. The growth of this region is attributed to increasing health consciousness among consumers, rising disposable income, and changing food preferences. Asia Pacific has been witnessing a strong demand for healthy snacks with low sugar content such as rice cakes that are gluten-free or high in fiber content.
North America was the second-largest market in 2017 owing to growing health concerns among consumers coupled with an increase in fitness awareness leading them opt for healthy products such as rice cakes instead of other conventional snack foods. Moreover, an increase in consumer preference for wholemeal products will drive demand further over the next eight years.
Growth Factors:
- Increasing demand for healthy snacks: The Rice Cakes market is witnessing increasing demand for healthy snacks. This is owing to the growing awareness among consumers about the importance of a healthy diet.
- Rising disposable income: A rise in disposable income has led to an increase in spending on food and beverages, including rice cakes. This is providing a boost to the Rice Cakes market.
- Growing popularity of rice cakes as a low-calorie snack: Rice cakes are becoming popular as a low-calorie snack option, which is aiding their growth in the market.
- Innovative product offerings: Manufacturers are introducing innovative product offerings, such as flavored rice cakes and gluten-free rice cakes, to cater to the needs of different consumers segments and expand their customer base furthering growth prospects for this market segment overall . 5) Emerging markets offer potential growth opportunities: The Rice Cakes market offers potential growth opportunities in emerging markets such as India and China due to rising population levels and increasing disposable incomes
Scope Of The Report
Report Attributes
Report Details
Report Title
Rice Cakes Market Research Report
By Type
Wholemeal Rice Cake, Corn Rice Cake, Buckwheat Rice Cake, Others
By Application
Supermarket, Restaurant, Stall, Others
By Companies
Element Snacks, Mars, Lundberg, Quaker, Tastemorr Snacks, Umeya, Riso Gallo, Wangwang
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
180
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Rice Cakes Market Report Segments:
The global Rice Cakes market is segmented on the basis of:
Types
Wholemeal Rice Cake, Corn Rice Cake, Buckwheat Rice Cake, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Supermarket, Restaurant, Stall, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Element Snacks
- Mars
- Lundberg
- Quaker
- Tastemorr Snacks
- Umeya
- Riso Gallo
- Wangwang
Highlights of The Rice Cakes Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Wholemeal Rice Cake
- Corn Rice Cake
- Buckwheat Rice Cake
- Others
- By Application:
- Supermarket
- Restaurant
- Stall
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Rice Cakes Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Rice cakes are a type of cake that is made from cooked white rice. The cake is usually dense and moist, and it can be decorated with various ingredients such as nuts, chocolate chips, or raisins.
Some of the major companies in the rice cakes market are Element Snacks, Mars, Lundberg, Quaker, Tastemorr Snacks, Umeya, Riso Gallo, Wangwang.
The rice cakes market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Rice Cakes Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Rice Cakes Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Rice Cakes Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Rice Cakes Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Rice Cakes Market Size & Forecast, 2020-2028
4.5.1 Rice Cakes Market Size and Y-o-Y Growth
4.5.2 Rice Cakes Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Wholemeal Rice Cake
5.2.2 Corn Rice Cake
5.2.3 Buckwheat Rice Cake
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Supermarket
6.2.2 Restaurant
6.2.3 Stall
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Rice Cakes Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Rice Cakes Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Wholemeal Rice Cake
9.6.2 Corn Rice Cake
9.6.3 Buckwheat Rice Cake
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Supermarket
9.10.2 Restaurant
9.10.3 Stall
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Wholemeal Rice Cake
10.6.2 Corn Rice Cake
10.6.3 Buckwheat Rice Cake
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Supermarket
10.10.2 Restaurant
10.10.3 Stall
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Wholemeal Rice Cake
11.6.2 Corn Rice Cake
11.6.3 Buckwheat Rice Cake
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Supermarket
11.10.2 Restaurant
11.10.3 Stall
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Wholemeal Rice Cake
12.6.2 Corn Rice Cake
12.6.3 Buckwheat Rice Cake
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Supermarket
12.10.2 Restaurant
12.10.3 Stall
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Wholemeal Rice Cake
13.6.2 Corn Rice Cake
13.6.3 Buckwheat Rice Cake
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Supermarket
13.10.2 Restaurant
13.10.3 Stall
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Rice Cakes Market: Competitive Dashboard
14.2 Global Rice Cakes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Element Snacks
14.3.2 Mars
14.3.3 Lundberg
14.3.4 Quaker
14.3.5 Tastemorr Snacks
14.3.6 Umeya
14.3.7 Riso Gallo
14.3.8 Wangwang
