Rice Milk Market is expected to gain market growth in the forecast period of 2021 to 2028. Data bridge market research analyses that the market is growing with the CAGR of 15.56% in the forecast period of 2021 to 2028. The increase in prevalence of lactose intolerance among population across the globe is escalating the growth of rice milk market. Rice milk is known to be sourced from rice whole grains and produced through an enzymatic process. This type of milk is produced from whole grains of brown rice. It is considered as a great alternative to conventional milk owning to benefits such as free-from cholesterol and lactose. This product is primarily produced with added fortified elements with the purpose of overcoming the lack of nutrients in it. This product is highly consumed by mostly vegans and lactose-free population.
The extensive use of the product as alternative for consumers who are lactose intolerant or individuals who are not capable of consuming any dairy products and the rising number of lactose intolerant people act as the major factors driving the rice milk market. The consumer inclination towards this type of milk over conventional milk due to its health benefits including low rate of cholesterol and lactose, rising prevalence of non-dairy milk products and high adoption of vegan diets among people accelerate the rice milk market growth. The use of rice milk by food and beverage manufacturers to replace high lactose content in their products and growth in awareness regarding the advantages of rice milk consumption influence the rice milk market. Additionally, the growth in population, change in consumer behavior towards healthy lifestyle, increase in food spending and surge in the disposable income of people positively affect the rice milk market. Furthermore, growing number of product launches and investments by major players and expansion beverage industry extend profitable opportunities to the rice milk market players in the forecast period of 2021 to 2028.On the other hand, high associated with the plant-based beverages as compared to dairy milk is expected to obstruct the rice milk market growth. The rise in concerns regarding risk of contamination with arsenic in rice milk is projected to challenge the rice milk market in the forecast period of 2021-2028.
Global Rice Milk Market, By Form (Powder Rice Milk and Fluid Rice Milk), Source (Organic and Conventional), Distribution Channel (Supermarket/Hypermarket, Convenience Stores, Food Specialty Stores, Online Retailers and Others), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028. This rice milk market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on rice milk market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
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Rice Milk Market Scope and Market Size:
The rice milk market is segmented on the basis of form, source and distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of form, the rice milk market is segmented into powder rice milk and fluid rice milk.
On the basis of source, the rice milk market is segmented into organic and conventional.
On the basis of distribution channel, the rice milk market is segmented into supermarket/hypermarket, convenience stores, food specialty stores, online retailers and others.
The major players covered in the rice milk market report are Blue Diamond Growers Inc., Earth's own food company inc., Eden foods inc., Grupo Leche Pascual S.A., Freedom Foods, Living Harvest Foods Inc., Nutriops S.L., Oatlyab AB, SunOpta Foods, Organic ValleyFamily of Farms, Pacific Natural Foods, Panos Brands LLC, Pure Harvest, Sanitarium Health & Wellbeing Company, Streamicks Heritage Foods, Bridge SRL, Hain Celestial Grocery, The WhiteWave Foods Company, Turtle Mountain LLC, Vitasoy Dairy Milk, Kikkoman Corporation among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Key Pointers Covered in the Rice Milk Market:
Market New Sales Volumes
Market Replacement Sales Volumes
Market Installed Base
Market by Brands
Market Procedure Volumes
Market Product Price Analysis
Market Healthcare Outcomes
Market Cost of Care Analysis
Market Regulatory Framework and Changes
Prices and Reimbursement Analysis
Market Shares in Different Regions
Recent Developments for Market Competitors
Market Upcoming Applications
Market Innovators Study
MAJOR TOC OF THE REPORT:
Chapter One: Rice Milk Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Rice Milk Market Competition, by Players
Chapter Four: Rice Milk Market Size by Regions
Chapter Five: Rice Milk Market Revenue by Countries
Chapter Six: Rice Milk Market Revenue by Type
Chapter Seven: Rice Milk Market Revenue by Application
Chapter Eight: Rice Milk Market Revenue by Industries
Chapter Nine: Rice Milk Market Revenue by Deployment Model
Chapter Ten: Rice Milk Market Revenue by End User
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The key questions answered in this report:
What will be the Market Size and Growth Rate in the forecast year?
What is the Key Factors driving Laser Rice Milk Market?
What are the Risks and Challenges in front of the market?
Who are the Key Vendors Rice Milk Market?
What are the Trending Factors influencing the market shares?
What is the Key Outcomes of Porter’s five forces model
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