Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 567.57 Million | USD 882.26 Million | 4.51% | 2024 |
FrequentlyAsked Questions
Rice cakes are a popular type of snack that is made from rice grains. They are cooked, dried, and pressed into a rectangular or round shape and sold in the market under the name of rice cakes. They are an extremely popular form of snacks in certain traditions, especially in countries in East Asia. The process of making rice cakes includes cooking rice grains until they are sticky and soft. This rice form is then mashed or pounded until they form a dough-like consistency. They are further shaped into flat, round, or rectangular cakes and left to dry or may undergo more processes such as baking, frying, or steaming.
The global rice cakes market is expected to grow due to rising demand for healthy and convenient snacks, increasing gluten-free and low-calorie food trends, and growing consumer preference for organic and natural ingredients.
According to a study, the global rice cakes market size was worth around USD 567.57 Million in 2024 and is expected to reach USD 882.26 Million by 2034.
The global rice cakes market is expected to grow at a CAGR of 4.51% during the forecast period.
Asia-Pacific is expected to dominate the rice cakes market over the forecast period.
Leading players in the global rice cakes market include Quaker Oats Company, Lundberg Family Farms, Wasa, Lotus Foods, Nature's Path, Kallo Foods, Saki Foods, Edward & Sons Trading Co., Real Foods, Lund's Swedish Pancake & Rice Cake Factory, GG UniqueFiber, Amanoya Shinshindo, Le Pain des Fleurs, Sanwa Seika Co. Ltd., Susukino Foods Co. Ltd., Moon Handbooks, Tae Kyung Food Co. Ltd., Nishiki, Little Duck Organics, Lundberg Rice Cakes, Lieber's Foods, Rude Health, TAIYO YUDEN CO. LTD., Kameda Seika Co. Ltd., GoMacro, among others.
The report explores crucial aspects of the rice cakes market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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