The Asia Pacific Rice-based Products Market would witness market growth of 6.3% CAGR during the forecast period (2022-2028).
Consumers' increasing attention to healthy eating and their rising desire for low-calorie snacks are two factors that are anticipated to drive market expansion. In addition, manufacturers of these foods utilize verified & high-quality ingredients because rice is a significant source of energy. As a result, goods like rice-based puddings, noodles, snacks, and other similar items are becoming more popular with customers, which furthers the spread of those goods through online and offline channels.
Growing consumer health consciousness encourages the manufacturing of wholesome food items. Customers who continue to lead busy lives and adhere to traditional work cultures do not engage much in cooking. They prefer ready-to-eat (RTE) meals to cook. As a result, the demand for RTE rice-based products is growing. When choosing ingredients, manufacturers give certification and quality a high priority. Low-sodium and low-sugar snack manufacturers have a wide range of target audiences. Consequently, these factors are propelling the demand for rice-based snacks.
One of the primary elements fostering a favorable outlook for the rice-based products market is the significant increase in the food & beverage sector of the region. In hotels, cafes, and fast-service restaurants, rice noodles are frequently cooked alongside other classic Asian foods, like stir-fries, salads, and soups. Companies are developing health-based ready meals more frequently to meet the unmet demands of people who are health-conscious and lead active healthy lives. For instance, the National Health Innovation Centre (NHIC) was crucial in the commercialization of a concept to produce the first ready-to-eat Asian meals with modified textures for people who have trouble swallowing. This increased the demand for rice and its variants, and it became highly liked in nations like Japan, Singapore, Australia, and New Zealand. All these factors are advancing the growth of the rice-based products market in the region.
The China market dominated the Asia Pacific Rice-based Products Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $28,757.6 Million by 2028. The Japan market is estimated to grow a CAGR of 5.7% during (2022 - 2028). Additionally, The India market would experience a CAGR of 7% during (2022 - 2028).
Based on Distribution Channel, the market is segmented into Supermarkets/Hypermarkets, Online and Others. Based on Type, the market is segmented into Conventional and Organic. Based on Product, the market is segmented into Rice Noodles, Rice Snacks, Rice Cakes, Rice Puddings, Rice Balls and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Rice-based Products Market is Projected to reach USD 276.8 Billion by 2028, at a CAGR of 6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include CJ CheilJedang Corporation (Annie Chun’s, Inc.), PepsiCo, Inc. (The Quaker Oats Company), Thai President Foods Plc, Nona Lim, LLC., Lotus Foods Inc., Element Snacks, Ricegrowers Limited, Kameda Seika Co. Ltd., and SanoRice Holding B.V.
Scope of the Study
Market Segments Covered in the Report:
By Distribution Channel
- Supermarkets/Hypermarkets
- Online
- Others
By Type
By Product
- Rice Noodles
- Rice Snacks
- Rice Cakes
- Rice Puddings
- Rice Balls
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- CJ CheilJedang Corporation (Annie Chun’s, Inc.)
- PepsiCo, Inc. (The Quaker Oats Company)
- Thai President Foods Plc
- Nona Lim, LLC.
- Lotus Foods Inc.
- Element Snacks
- Ricegrowers Limited
- Kameda Seika Co. Ltd.
- SanoRice Holding B.V.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Rice-based Products Market, by Distribution Channel
1.4.2 Asia Pacific Rice-based Products Market, by Type
1.4.3 Asia Pacific Rice-based Products Market, by Product
1.4.4 Asia Pacific Rice-based Products Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Asia Pacific Rice-based Products Market by Distribution Channel
3.1 Asia Pacific Supermarkets/Hypermarkets Market by Country
3.2 Asia Pacific Online Market by Country
3.3 Asia Pacific Others Market by Country
Chapter 4. Asia Pacific Rice-based Products Market by Type
4.1 Asia Pacific Conventional Market by Country
4.2 Asia Pacific Organic Market by Country
Chapter 5. Asia Pacific Rice-based Products Market by Product
5.1 Asia Pacific Rice Noodles Market by Country
5.2 Asia Pacific Rice Snacks Market by Country
5.3 Asia Pacific Rice Cakes Market by Country
5.4 Asia Pacific Rice Puddings Market by Country
5.5 Asia Pacific Rice Balls Market by Country
5.6 Asia Pacific Others Market by Country
Chapter 6. Asia Pacific Rice-based Products Market by Country
6.1 China Rice-based Products Market
6.1.1 China Rice-based Products Market by Distribution Channel
6.1.2 China Rice-based Products Market by Type
6.1.3 China Rice-based Products Market by Product
6.2 Japan Rice-based Products Market
6.2.1 Japan Rice-based Products Market by Distribution Channel
6.2.2 Japan Rice-based Products Market by Type
6.2.3 Japan Rice-based Products Market by Product
6.3 India Rice-based Products Market
6.3.1 India Rice-based Products Market by Distribution Channel
6.3.2 India Rice-based Products Market by Type
6.3.3 India Rice-based Products Market by Product
6.4 South Korea Rice-based Products Market
6.4.1 South Korea Rice-based Products Market by Distribution Channel
6.4.2 South Korea Rice-based Products Market by Type
6.4.3 South Korea Rice-based Products Market by Product
6.5 Singapore Rice-based Products Market
6.5.1 Singapore Rice-based Products Market by Distribution Channel
6.5.2 Singapore Rice-based Products Market by Type
6.5.3 Singapore Rice-based Products Market by Product
6.6 Malaysia Rice-based Products Market
6.6.1 Malaysia Rice-based Products Market by Distribution Channel
6.6.2 Malaysia Rice-based Products Market by Type
6.6.3 Malaysia Rice-based Products Market by Product
6.7 Rest of Asia Pacific Rice-based Products Market
6.7.1 Rest of Asia Pacific Rice-based Products Market by Distribution Channel
6.7.2 Rest of Asia Pacific Rice-based Products Market by Type
6.7.3 Rest of Asia Pacific Rice-based Products Market by Product
Chapter 7. Company Profiles
7.1 CJ CheilJedang Corporation (Annie Chun’s, Inc.)
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Regional Analysis
7.1.4 Recent strategies and developments:
7.1.4.1 Acquisition and Mergers:
7.2 PepsiCo, Inc. (The Quaker Oats Company)
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.3 Thai President Foods Plc
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expenses
7.4 Kameda Seika Co. Ltd.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental Analysis
7.4.4 Research & Development Expenses
7.4.5 Recent strategies and developments:
7.4.5.1 Partnerships, Collaborations, and Agreements:
7.5 Ricegrowers Limited
7.5.1 Company Overview
7.5.2 Financial Analysis
7.6 Nona Lim, LLC
7.6.1 Company Overview
7.7 Element Snacks, Inc.
7.7.1 Company Overview
7.8 Lotus Foods, Inc.
7.8.1 Company Overview
7.9 SanoRice Holding B.V.
7.9.1 Company Overview
TABLE 1 Asia Pacific Rice-based Products Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Rice-based Products Market, 2022 - 2028, USD Million
TABLE 3 Asia Pacific Rice-based Products Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 4 Asia Pacific Rice-based Products Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 5 Asia Pacific Supermarkets/Hypermarkets Market by Country, 2018 - 2021, USD Million
TABLE 6 Asia Pacific Supermarkets/Hypermarkets Market by Country, 2022 - 2028, USD Million
TABLE 7 Asia Pacific Online Market by Country, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Online Market by Country, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Rice-based Products Market by Type, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Rice-based Products Market by Type, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Conventional Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Conventional Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Organic Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Organic Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Rice-based Products Market by Product, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Rice-based Products Market by Product, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Rice Noodles Market by Country, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Rice Noodles Market by Country, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Rice Snacks Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Rice Snacks Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Rice Cakes Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Rice Cakes Market by Country, 2022 - 2028, USD Million
TABLE 25 Asia Pacific Rice Puddings Market by Country, 2018 - 2021, USD Million
TABLE 26 Asia Pacific Rice Puddings Market by Country, 2022 - 2028, USD Million
TABLE 27 Asia Pacific Rice Balls Market by Country, 2018 - 2021, USD Million
TABLE 28 Asia Pacific Rice Balls Market by Country, 2022 - 2028, USD Million
TABLE 29 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 30 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 31 Asia Pacific Rice-based Products Market by Country, 2018 - 2021, USD Million
TABLE 32 Asia Pacific Rice-based Products Market by Country, 2022 - 2028, USD Million
TABLE 33 China Rice-based Products Market, 2018 - 2021, USD Million
TABLE 34 China Rice-based Products Market, 2022 - 2028, USD Million
TABLE 35 China Rice-based Products Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 36 China Rice-based Products Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 37 China Rice-based Products Market by Type, 2018 - 2021, USD Million
TABLE 38 China Rice-based Products Market by Type, 2022 - 2028, USD Million
TABLE 39 China Rice-based Products Market by Product, 2018 - 2021, USD Million
TABLE 40 China Rice-based Products Market by Product, 2022 - 2028, USD Million
TABLE 41 Japan Rice-based Products Market, 2018 - 2021, USD Million
TABLE 42 Japan Rice-based Products Market, 2022 - 2028, USD Million
TABLE 43 Japan Rice-based Products Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 44 Japan Rice-based Products Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 45 Japan Rice-based Products Market by Type, 2018 - 2021, USD Million
TABLE 46 Japan Rice-based Products Market by Type, 2022 - 2028, USD Million
TABLE 47 Japan Rice-based Products Market by Product, 2018 - 2021, USD Million
TABLE 48 Japan Rice-based Products Market by Product, 2022 - 2028, USD Million
TABLE 49 India Rice-based Products Market, 2018 - 2021, USD Million
TABLE 50 India Rice-based Products Market, 2022 - 2028, USD Million
TABLE 51 India Rice-based Products Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 52 India Rice-based Products Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 53 India Rice-based Products Market by Type, 2018 - 2021, USD Million
TABLE 54 India Rice-based Products Market by Type, 2022 - 2028, USD Million
TABLE 55 India Rice-based Products Market by Product, 2018 - 2021, USD Million
TABLE 56 India Rice-based Products Market by Product, 2022 - 2028, USD Million
TABLE 57 South Korea Rice-based Products Market, 2018 - 2021, USD Million
TABLE 58 South Korea Rice-based Products Market, 2022 - 2028, USD Million
TABLE 59 South Korea Rice-based Products Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 60 South Korea Rice-based Products Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 61 South Korea Rice-based Products Market by Type, 2018 - 2021, USD Million
TABLE 62 South Korea Rice-based Products Market by Type, 2022 - 2028, USD Million
TABLE 63 South Korea Rice-based Products Market by Product, 2018 - 2021, USD Million
TABLE 64 South Korea Rice-based Products Market by Product, 2022 - 2028, USD Million
TABLE 65 Singapore Rice-based Products Market, 2018 - 2021, USD Million
TABLE 66 Singapore Rice-based Products Market, 2022 - 2028, USD Million
TABLE 67 Singapore Rice-based Products Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 68 Singapore Rice-based Products Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 69 Singapore Rice-based Products Market by Type, 2018 - 2021, USD Million
TABLE 70 Singapore Rice-based Products Market by Type, 2022 - 2028, USD Million
TABLE 71 Singapore Rice-based Products Market by Product, 2018 - 2021, USD Million
TABLE 72 Singapore Rice-based Products Market by Product, 2022 - 2028, USD Million
TABLE 73 Malaysia Rice-based Products Market, 2018 - 2021, USD Million
TABLE 74 Malaysia Rice-based Products Market, 2022 - 2028, USD Million
TABLE 75 Malaysia Rice-based Products Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 76 Malaysia Rice-based Products Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 77 Malaysia Rice-based Products Market by Type, 2018 - 2021, USD Million
TABLE 78 Malaysia Rice-based Products Market by Type, 2022 - 2028, USD Million
TABLE 79 Malaysia Rice-based Products Market by Product, 2018 - 2021, USD Million
TABLE 80 Malaysia Rice-based Products Market by Product, 2022 - 2028, USD Million
TABLE 81 Rest of Asia Pacific Rice-based Products Market, 2018 - 2021, USD Million
TABLE 82 Rest of Asia Pacific Rice-based Products Market, 2022 - 2028, USD Million
TABLE 83 Rest of Asia Pacific Rice-based Products Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 84 Rest of Asia Pacific Rice-based Products Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 85 Rest of Asia Pacific Rice-based Products Market by Type, 2018 - 2021, USD Million
TABLE 86 Rest of Asia Pacific Rice-based Products Market by Type, 2022 - 2028, USD Million
TABLE 87 Rest of Asia Pacific Rice-based Products Market by Product, 2018 - 2021, USD Million
TABLE 88 Rest of Asia Pacific Rice-based Products Market by Product, 2022 - 2028, USD Million
TABLE 89 key information – CJ CheilJedang Corporation
TABLE 90 key information – PepsiCo, Inc.
TABLE 91 Key Information – Thai President Foods Plc
TABLE 92 Key Information – Kameda Seika Co. Ltd.
TABLE 93 Key Information – Ricegrowers limited
TABLE 94 Key Information – Nona Lim, LLC
TABLE 95 Key Information – Element Snacks, Inc.
TABLE 96 Key Information – Lotus Foods, Inc.
TABLE 97 Key Information – SanoRice Holding B.V.
List of Figures
FIG 1 Methodology for the research