DUBLIN--(BUSINESS WIRE)--The "Global Rice Cakes Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The rice cakes market will grow at a CAGR of almost 9% by 2022.
In recent times, the rice cakes market has witnessed a staggering number of new products introduced to the market by many regional and international players which is significantly supporting the growth of the rice cakes market worldwide.
Indeed, manufacturers of rice-based snacks are launching a wide range of products with a blend of unique ingredients which is grabbing the attention of consumers and consequently boosting the demand.
In July 2018, KaIle launched new apple and cinnamon rice cakes to meet the growing demand for health and convenience in breakfast products. Therefore, the increasing number of new product launches is triggering the growth of the rice cakes market.
Increasing demand for healthier snack varieties
The growing prevalence of celiac diseases worldwide is encouraging more consumers to opt for gluten-free products like rice cakes. Rice cakes are generally fat-free and low in sugar and calories and do not contain gluten content and artificial flavors.
These products are produced using natural ingredients and hence, are most preferred by health-conscious consumers. Therefore, the growing demand for rice cakes is expected to drive the market growth.
Natural disasters and adverse weather conditions
Natural disasters and adverse weather conditions such as earthquakes, floods, frost, droughts, and pestilence affect the production of rice, which is the major ingredient used to manufacture rice cakes.
These factors can negatively impact the growth of the rice cakes market during the forecast period.
Market Trends
- New Product Launches
- Expanding Global Vegan Population Base
- Emergence of Private Label Brands
Key Players
- Element Snacks
- Lundberg
- Mars
- PepsiCo
- Tastemorr Snacks
Topics Covered
1. Executive Summary
2. Scope of the Report
3. Research Methodology
4. Market Landscape
5. Market Sizing
6. Five Forces Analysis
7. Market Segmentation by Product
8. Market Segmentation by Distribution Channel
9. Customer Landscape
10. Regional Landscape
11. Decision Framework
12. Drivers and Challenges
13. Market Trends
14. Vendor Landscape
15. Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/pllbkd/the_global_market?w=4
