The Latin America, Middle East and Africa Rice-based Products Market would witness market growth of 7.9% CAGR during the forecast period (2022-2028).
The growing awareness of the health benefits of rice-based food products is a key trend driving the market expansion. More people are becoming health-conscious in general. As a result, there is an increasing need for healthy snacks made with premium ingredients. Vendors have launched a variety of snacks made with natural ingredients like rice, which is packed with nutrients.
The need for wholesome snacks among consumers is expanding, which is driving the rapid expansion of rice snacks' demand. Because rice snacks have a high fiber content that helps to reduce inflammation, improve digestive health, and speed up metabolism, consumers having digestion-related disorders frequently use rice snack items. Consumers with diabetes prefer to eat brown rice snacks that help them in controlling blood sugar levels.
Additionally, as all rice snacks are gluten-free, customers with celiac illnesses also appreciate them, which is expected to increase demand for such wholesome rice snacks in the coming years. Rice snacks, which are thought to calm mood, can improve both mental and physical well-being. These elements all play a significant role in market growth.
The demand for rice-based products in LAMEA is expected to expand, with income serving as the primary driver of this market's expansion. The product demand is especially increasing in Latin American nations like Brazil, Chile, and Peru because there are so many local players. Additionally, rice pudding is also regarded as a traditional food in many nations of the region, like Peru. Since ancient times, rice pudding has been a favorite dessert among Peruvians, and it is still consumed today. Frequently, this meal is offered on holidays like Christmas and Easter. The huge likeability of this product has transformed its development into a ready-to-eat meal or snack in the region. Hence, in the coming years, the rice-based products market will expand significantly in the region.
The Brazil market dominated the LAMEA Rice-based Products Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $5,616.5 Million by 2028.The Argentina market is experiencing a CAGR of 8.5% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 7.6% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Rice-based Products Market is Predict to reach $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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Rice-based Products Market, by Distribution Channel
1.4.2 LAMEA Rice-based Products Market, by Type
1.4.3 LAMEA Rice-based Products Market, by Product
1.4.4 LAMEA 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. LAMEA Rice-based Products Market by Distribution Channel
3.1 LAMEA Supermarkets/Hypermarkets Market by Country
3.2 LAMEA Online Market by Country
3.3 LAMEA Others Market by Country
Chapter 4. LAMEA Rice-based Products Market by Type
4.1 LAMEA Conventional Market by Country
4.2 LAMEA Organic Market by Country
Chapter 5. LAMEA Rice-based Products Market by Product
5.1 LAMEA Rice Noodles Market by Country
5.2 LAMEA Rice Snacks Market by Country
5.3 LAMEA Rice Cakes Market by Country
5.4 LAMEA Rice Puddings Market by Country
5.5 LAMEA Rice Balls Market by Country
5.6 LAMEA Others Market by Country
Chapter 6. LAMEA Rice-based Products Market by Country
6.1 Brazil Rice-based Products Market
6.1.1 Brazil Rice-based Products Market by Distribution Channel
6.1.2 Brazil Rice-based Products Market by Type
6.1.3 Brazil Rice-based Products Market by Product
6.2 Argentina Rice-based Products Market
6.2.1 Argentina Rice-based Products Market by Distribution Channel
6.2.2 Argentina Rice-based Products Market by Type
6.2.3 Argentina Rice-based Products Market by Product
6.3 UAE Rice-based Products Market
6.3.1 UAE Rice-based Products Market by Distribution Channel
6.3.2 UAE Rice-based Products Market by Type
6.3.3 UAE Rice-based Products Market by Product
6.4 Saudi Arabia Rice-based Products Market
6.4.1 Saudi Arabia Rice-based Products Market by Distribution Channel
6.4.2 Saudi Arabia Rice-based Products Market by Type
6.4.3 Saudi Arabia Rice-based Products Market by Product
6.5 South Africa Rice-based Products Market
6.5.1 South Africa Rice-based Products Market by Distribution Channel
6.5.2 South Africa Rice-based Products Market by Type
6.5.3 South Africa Rice-based Products Market by Product
6.6 Nigeria Rice-based Products Market
6.6.1 Nigeria Rice-based Products Market by Distribution Channel
6.6.2 Nigeria Rice-based Products Market by Type
6.6.3 Nigeria Rice-based Products Market by Product
6.7 Rest of LAMEA Rice-based Products Market
6.7.1 Rest of LAMEA Rice-based Products Market by Distribution Channel
6.7.2 Rest of LAMEA Rice-based Products Market by Type
6.7.3 Rest of LAMEA 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 LAMEA Rice-based Products Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Rice-based Products Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Rice-based Products Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 4 LAMEA Rice-based Products Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 5 LAMEA Supermarkets/Hypermarkets Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Supermarkets/Hypermarkets Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Online Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Online Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA Rice-based Products Market by Type, 2018 - 2021, USD Million
TABLE 12 LAMEA Rice-based Products Market by Type, 2022 - 2028, USD Million
TABLE 13 LAMEA Conventional Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Conventional Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Organic Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Organic Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Rice-based Products Market by Product, 2018 - 2021, USD Million
TABLE 18 LAMEA Rice-based Products Market by Product, 2022 - 2028, USD Million
TABLE 19 LAMEA Rice Noodles Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Rice Noodles Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Rice Snacks Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA Rice Snacks Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA Rice Cakes Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA Rice Cakes Market by Country, 2022 - 2028, USD Million
TABLE 25 LAMEA Rice Puddings Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA Rice Puddings Market by Country, 2022 - 2028, USD Million
TABLE 27 LAMEA Rice Balls Market by Country, 2018 - 2021, USD Million
TABLE 28 LAMEA Rice Balls Market by Country, 2022 - 2028, USD Million
TABLE 29 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 30 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 31 LAMEA Rice-based Products Market by Country, 2018 - 2021, USD Million
TABLE 32 LAMEA Rice-based Products Market by Country, 2022 - 2028, USD Million
TABLE 33 Brazil Rice-based Products Market, 2018 - 2021, USD Million
TABLE 34 Brazil Rice-based Products Market, 2022 - 2028, USD Million
TABLE 35 Brazil Rice-based Products Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 36 Brazil Rice-based Products Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 37 Brazil Rice-based Products Market by Type, 2018 - 2021, USD Million
TABLE 38 Brazil Rice-based Products Market by Type, 2022 - 2028, USD Million
TABLE 39 Brazil Rice-based Products Market by Product, 2018 - 2021, USD Million
TABLE 40 Brazil Rice-based Products Market by Product, 2022 - 2028, USD Million
TABLE 41 Argentina Rice-based Products Market, 2018 - 2021, USD Million
TABLE 42 Argentina Rice-based Products Market, 2022 - 2028, USD Million
TABLE 43 Argentina Rice-based Products Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 44 Argentina Rice-based Products Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 45 Argentina Rice-based Products Market by Type, 2018 - 2021, USD Million
TABLE 46 Argentina Rice-based Products Market by Type, 2022 - 2028, USD Million
TABLE 47 Argentina Rice-based Products Market by Product, 2018 - 2021, USD Million
TABLE 48 Argentina Rice-based Products Market by Product, 2022 - 2028, USD Million
TABLE 49 UAE Rice-based Products Market, 2018 - 2021, USD Million
TABLE 50 UAE Rice-based Products Market, 2022 - 2028, USD Million
TABLE 51 UAE Rice-based Products Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 52 UAE Rice-based Products Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 53 UAE Rice-based Products Market by Type, 2018 - 2021, USD Million
TABLE 54 UAE Rice-based Products Market by Type, 2022 - 2028, USD Million
TABLE 55 UAE Rice-based Products Market by Product, 2018 - 2021, USD Million
TABLE 56 UAE Rice-based Products Market by Product, 2022 - 2028, USD Million
TABLE 57 Saudi Arabia Rice-based Products Market, 2018 - 2021, USD Million
TABLE 58 Saudi Arabia Rice-based Products Market, 2022 - 2028, USD Million
TABLE 59 Saudi Arabia Rice-based Products Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 60 Saudi Arabia Rice-based Products Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 61 Saudi Arabia Rice-based Products Market by Type, 2018 - 2021, USD Million
TABLE 62 Saudi Arabia Rice-based Products Market by Type, 2022 - 2028, USD Million
TABLE 63 Saudi Arabia Rice-based Products Market by Product, 2018 - 2021, USD Million
TABLE 64 Saudi Arabia Rice-based Products Market by Product, 2022 - 2028, USD Million
TABLE 65 South Africa Rice-based Products Market, 2018 - 2021, USD Million
TABLE 66 South Africa Rice-based Products Market, 2022 - 2028, USD Million
TABLE 67 South Africa Rice-based Products Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 68 South Africa Rice-based Products Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 69 South Africa Rice-based Products Market by Type, 2018 - 2021, USD Million
TABLE 70 South Africa Rice-based Products Market by Type, 2022 - 2028, USD Million
TABLE 71 South Africa Rice-based Products Market by Product, 2018 - 2021, USD Million
TABLE 72 South Africa Rice-based Products Market by Product, 2022 - 2028, USD Million
TABLE 73 Nigeria Rice-based Products Market, 2018 - 2021, USD Million
TABLE 74 Nigeria Rice-based Products Market, 2022 - 2028, USD Million
TABLE 75 Nigeria Rice-based Products Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 76 Nigeria Rice-based Products Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 77 Nigeria Rice-based Products Market by Type, 2018 - 2021, USD Million
TABLE 78 Nigeria Rice-based Products Market by Type, 2022 - 2028, USD Million
TABLE 79 Nigeria Rice-based Products Market by Product, 2018 - 2021, USD Million
TABLE 80 Nigeria Rice-based Products Market by Product, 2022 - 2028, USD Million
TABLE 81 Rest of LAMEA Rice-based Products Market, 2018 - 2021, USD Million
TABLE 82 Rest of LAMEA Rice-based Products Market, 2022 - 2028, USD Million
TABLE 83 Rest of LAMEA Rice-based Products Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 84 Rest of LAMEA Rice-based Products Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 85 Rest of LAMEA Rice-based Products Market by Type, 2018 - 2021, USD Million
TABLE 86 Rest of LAMEA Rice-based Products Market by Type, 2022 - 2028, USD Million
TABLE 87 Rest of LAMEA Rice-based Products Market by Product, 2018 - 2021, USD Million
TABLE 88 Rest of LAMEA 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