Rice Based Products Market Share, Size, Trends, Industry Analysis Report, By Product (Rice Snacks, Rice Noodles, Rice Puddings, Rice Cakes, Rice Balls, Others); By Distribution Channel, By Type; By Region; Segment Forecast, 2023 - 2032

Rice Based Products Market Share, Size, Trends, Industry Analysis Report, By Product (Rice Snacks, Rice Noodles, Rice Puddings, Rice Cakes, Rice Balls, Others); By Distribution Channel, By Type; By Region; Segment Forecast, 2023 - 2032

The global rice-based products market size is expected treach USD 368.00 billion by 2032, according ta new study by Polaris Market Research. The report “Rice-Based Products Market Share, Size, Trends, Industry Analysis Report, By Product (Rice Snacks, Rice Noodles, Rice Puddings, Rice Cakes, Rice Balls, Others); By Distribution Channel, By Type; By Region; Segment Forecast, 2023 - 2032” gives a detailed insight intcurrent market dynamics and provides analysis on future market growth.

Rice are helpful in production and manufacturing of various products like rice milk which is used in the Asia Pacific region as vegan diets and it gain popularity. Dairy products including smoothies, milkshakes, pastries, and ice cream can all be made using rice milk instead of regular dairy milk. Rice based products are not only used for food purpose but alsfor skin care product in Asia pacific region, product like rice water which is helpful for skin protection benefits such as skin conditions, tbrighten skin, soothing for sunburned skin, etc.

The product variety & innovation in a diverse flavor, such as chili-lime shrimp, creamy mushroom, & roast chicken, among others, such factor are boosting the instant noodles sector. Rice-based products like rice wine and rice vinegar is used now a day tcook, for their strong smell and test. Alsrice vinegar used as a preservative tprotect food from microbes because it contain lactic acid.

The rice-based products market is boosted due tthe innovation by industry players such as roquette which lunch new rice protein in June 2022, for a healthier lifestyle and provides nutritional benefits such as special diet foods, sports snacks, or nutrition. This rice protein is the best alternative tdairy and meat protein for vegetarian consumers. In the personal care sector, rice based products are used for body care, face care, hair care and body cleansing, color cosmetics, and sun care.

Rice-based products Market Report Highlights

The rice noodles segment is anticipated tgrow at a high CAGR over the forecast period owing tits low price and high in carbohydrates, fats, and sodium, which provide energy tthe consumers.

Supermarkets and hypermarkets accounted for high global revenue share which is accelerated by the availability of more variety of goods, freedom of selection, and discount offers.

Conventional goods sector is expected thold the significant market share over the forecast period due tits benefits including a longer shelf life and low product price of conventional goods over organic one.

Asia pacific is expected tgrow rapidly over the projected period on account of the high consumption and production of rice-based products over various Asian country. Alsincreasing consumer awareness regarding health benefits of rice products over fast food.

The global players include Thai President Foods Public Company, Nona Lim, Lotus Foods, Annie Chun's, Element Snacks, and Quaker Oats.

Polaris Market Research has segmented the rice-based products market report based on product, distribution channel, type, and region:

Rice Based Product, Product Outlook (Revenue - USD Billion, 2019 - 2032)

Rice Snacks

Rice Noodles

Rice Puddings

Rice cakes

Rice Balls

Others

Rice Based Product, Distribution Channel Outlook (Revenue - USD Billion, 2019 - 2032)

Supermarket/ Hypermarket

Online

Others

Rice Based Product, Type Outlook (Revenue - USD Billion, 2019 - 2032)

Conventional

Organic

Rice Based Product, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

North America

U.S.

Canada

Europe

Germany

UK

France

Italy

Spain

Russia

Netherlands

Asia Pacific

China

India

Japan

South Korea

Indonesia

Malaysia

Latin America

Argentina

Brazil

Mexico

Middle East & Africa

UAE

Saudi Arabia

Israel

South Africa