$2.6 Billion Rice Milk Market - Global Forecasts to 2024 - ResearchAndMarkets.com

DUBLIN--()--The "Rice Milk Market - Forecasts from 2019 to 2024" report has been added to ResearchAndMarkets.com's offering.

The rice milk market is projected to witness a compound annual growth rate (CAGR) of 17.17% during the forecast period to reach a total market size of US$2,619.954 million by 2024, increasing from US$1,012.838 million in 2018.

Rice milk is grain milk made by processing rice and is recommended for people who are lactose intolerant and vegan. Rice milk market is particularly targeted towards the lactose-free population. It is one of the best alternatives of dairy milk and contains most carbohydrates compared to almond and soy milk which is considered as one of the key drivers for the growth of the market during the forecast period.

In addition, increasing dairy alternative food demand and raising awareness of the benefits of rice milk are expected to drive the global rice milk market. However, the availability of competitive products like almond and coconut milk and low market penetration of the product may result in restraint for the rice milk market in the coming years.

The North American region holds a significant market share owing to the presence of a high percentage of lactose intolerant population in the region coupled with the emerging trend of the preferences for vegan food.

Market Dynamics

Drivers

  • Growing vegan and lactose-free population
  • Expanding non-dairy milk industry

Restraints

  • High cost involved
  • Lack of product awareness
  • Availability of substitutes

Key Topics Covered:

1. Introduction

1.1. Market Overview

1.2. Market Definition

1.3. Scope Of The Study

1.4. Currency

1.5. Assumptions

1.6. Base, And Forecast Years Timeline

2. Research Methodology

2.1. Research Design

2.2. Secondary Sources

3. Key Findings

4. Market Dynamics

4.1. Market Segmentation

4.2. Market Drivers

4.3. Market Restraints

4.4. Market Opportunities

4.5. Porter's Five Forces Analysis

4.6. Life Cycle Analysis - Regional Snapshot

4.7. Market Attractiveness

5. Rice Milk Market By Source

5.1. Organic

5.2. Conventional

6. Rice Milk Market By Form

6.1. Powder Rice Milk

6.2. Fluid Rice Milk

7. Rice Milk Market By Application

7.1. Beverages

7.2. Bakery & Confectionery

7.3. Others

8. Rice Milk Market By Geography

8.1. North America

8.1.1. USA

8.1.2. Canada

8.1.3. Mexico

8.2. South America

8.2.1. Brazil

8.2.2. Argentina

8.2.3. Others

8.3. Europe

8.3.1. Germany

8.3.2. France

8.3.3. United Kingdom

8.3.4. Spain

8.3.5. Others

8.4. Middle East And Africa

8.4.1. Saudi Arabia

8.4.2. Israel

8.4.3. Other

8.5. Asia Pacific

8.5.1. China

8.5.2. Japan

8.5.3. South Korea

8.5.4. India

8.5.5. Others

9. Competitive Intelligence

9.1. Competitive Benchmarking And Analysis

9.2. Recent Investments And Deals

9.3. Strategies Of Key Players

10. Company Profiles

  • Danone (Alpro)
  • Vitasoy Australia Products Pty Ltd
  • Fine Japan Co. Ltd
  • The Bridge bio
  • Pacific Foods
  • SunOpta Inc
  • Campbell
  • The Hain Celestial Group, Inc
  • Pureharvest Pty ltd

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900