Global Rice Cakes Market Size, Share & Trends Analysis Report, By Product Type (Mochi, Puffed Rice Cakes), By Flavor Type (Chocolate, Apple Cinnamon, Chicken), and By Region, And Segment Forecasts, Till – 2030

Market Overview

According to Intellistic Research, the global Rice Cakes market is estimated at USD 38.65 billion in 2022 and will expand at a compound annual growth rate (CAGR) of 9.12% from 2023 to 2030. Key players in the Rice Cakes market employ various strategies to maintain and enhance their market presence. These strategies help key players capture a significant market share and remain competitive in the dynamic Rice Cakes market. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated includes proficient analysis, predictive analysis, prescriptive analysis, cumulative analysis, and value chain analysis.

Rice Cakes MARKET DYNAMICS: KEY DRIVERS & RESTRAINTS

Globalization and Cultural Adoption Drives the Market

Rice cakes are a staple in many Asian cuisines, and the globalization of food preferences has led to the adoption of rice cakes in various parts of the world. The cultural influence and versatility of rice cakes contribute to their acceptance in diverse markets.

Competition from alternative snacks will restraint the market growth

The snack market is highly competitive, with a wide variety of options available to consumers. Rice cakes face competition from other perceived healthier snacks, such as vegetable chips, popcorn, or nut-based snacks.

How are Segments Performing in the Global Rice Cakes Market?

Rice Cakes Product Type Segment Breakdown

According to Intellistic Research, the Rice Cakes market by product type is segmented into Mochi and Puffed Rice Cakes.

Rice Cakes Flavor Type Segment Breakdown

According to Intellistic Research, based on flavor type, the market is categorized into Chocolate, Apple Cinnamon, and Chicken.

Rice Cakes Geographic Exploration

According to Intellistic Research, the North American region is predicted to dominate the market, owing to the rise in adopting foreign cultures and foods in the region. Other regions competing in the market are Asia Pacific, Europe, Middle East and Africa and Latin America respectively.

COMPETITIVE LANDSCAPE & RECENT DEVELOPMENT: Rice Cakes

The competitive landscape of the market is fragmented. The significant players rapidly evolve with new strategies to attain a competitive edge and capture significant market share.

• For Instance, in May 2023, it was announced that CJ Cheiljedang, a key subsidiary of South Korea's food and entertainment conglomerate CJ Group, will release Korean street food products including Tteokbokki, a menu of finger-sized rice cakes in chili sauce for the consumers in North America, Europe, and Asia. The product will be included in the company's Korean cuisine brand "Bibigo."

Noticeable Players Functioning in The Global Rice Cakes Market Include:

• Mars

• Quaker

• Element Snacks

• Taste more Snacks

• Wangwang., Inc

• Umeya

• Riso Gallo

• CJ Cheiljedang

• The Kraft Heinz Company

• Lotus Bakeries NV

KEY BREAKDOWN: Rice Cakes Market

By Product Type:

• Mochi

• Puffed Rice Cakes

By Flavor Type:

• Chocolate

• Apple Cinnamon

• Chicken

Geographical Exploration:

• North America

o The USA

o Canada

o Mexico

• Europe

o Germany

o France

o UK

o Italy

o Spain

o Rest of Europe

• Asia Pacific

o China

o Japan

o India

o South Korea

o South East Asia

o Rest of Asia Pacific

• Latin America

o Brazil

o Argentina

o Rest of Latin America

• Middle East and Africa

o GCC Countries

o South Africa

o Rest of MEA

1. Research Methodology

1.1. Global Rice Cakes Snapshot, 2023 and 2030

1.2. Data Mining

1.3. Validation

1.4. Primary Interviews

1.5. List of Data Sources

1.6. Future Market Projections

1.7. Industry Developments and Key Market Events

2. Executive Summary

3. Market Overview

3.1. Market Scope and Definition

3.2. Market Dynamics

3.2.1. Drivers

3.2.2. Restraints

3.2.3. Opportunity

3.2.4. Challenges

3.2.5. Cumulative Impact due to Recent Energy Crisis

3.2.6. Cumulative Impact due to Nearing Economic Downturn

3.2.7. Post Covid-19 World Supply & Demand Conditions

3.2.8. Cumulative Impact of Russia-Ukraine Conflict

3.2.9. Key Trends

3.3. Rice Cakes: Value Chain

3.3.1. List of Raw Material Supplier

3.3.2. List of Manufacturers

3.3.3. List of Applications

3.4. Porter Five Force’s Analysis

3.5. Regulatory and Technology Landscape

4. Global Rice Cakes Outlook: Forecast (2023 – 2030)

4.1. Key Highlights

4.1.1. Market Size and Y-o-Y Growth

4.1.2. Absolute $ Opportunity

4.2. Market Size (US$ Mn) Analysis and Forecast

4.2.1. Current Market Size Forecast, 2023–2030

4.3. Global Rice Cakes Outlook: Product Type

4.3.1. Introduction / Key Findings

4.3.2. Market Size (US$ Mn) and Forecast Product Type, 2023 – 2030

4.3.2.1. Mochi

4.3.2.2. Puffed Rice Cakes

4.4. Market Attractiveness Analysis: Component

4.5. Global Rice Cakes Outlook: Flavor Type

4.5.1. Introduction / Key Findings

4.5.2. Market Size (US$ Mn) and Forecast By Flavor Type, 2023 – 2030

4.5.2.1. Chocolate

4.5.2.2. Apple Cinnamon

4.5.2.3. Chicken

5. Global Rice Cakes Outlook: Region

5.1. Key Highlights

5.2. Market Size (US$ Mn) and Forecast By Region, 2023 – 2030

5.2.1. North America

5.2.2. Europe

5.2.3. Asia Pacific

5.2.4. Latin America

5.2.5. Middle East & Africa (MEA)

6. North America Rice Cakes Outlook: Forecast (2023 – 2030)

6.1. Key Highlights

6.2. Pricing Analysis

6.3. Market Size (US$ Mn) and Analysis By Market, 2023 – 2022

6.3.1. By Country

6.3.2. By Product type

6.3.3. By Flavor Type

6.4. Market Size (US$ Mn) and Forecast By Country, 2023 – 2030

6.4.1. U.S.

6.4.2. Canada

6.4.3. Mexico

6.5. Market Size (US$ Mn) and Forecast By Product type, 2023 – 2030

6.5.1. Mochi

6.5.2. Puffed Rice Cakes

6.6. Market Size (US$ Mn) and Forecast By Flavor Type, 2023 – 2030

6.6.1. Chocolate

6.6.2. Apple Cinnamon

6.6.3. Chicken

7. Europe Rice Cakes Outlook: Forecast (2023 – 2030)

7.1. Key Highlights

7.2. Pricing Analysis

7.3. Market Size (US$ Mn) and Analysis By Market, 2023 – 2030

7.3.1. By Country

7.3.2. By Product type

7.3.3. By Flavor Type

7.4. Market Size (US$ Mn) and Forecast By Country, 2023 – 2030

7.4.1. Germany

7.4.2. France

7.4.3. U.K.

7.4.4. Russia

7.4.5. Italy

7.4.6. Spain

7.4.7. Rest of Europe

7.5. Market Size (US$ Mn) and Forecast By Product type, 2023 – 2030

7.5.1. Mochi

7.5.2. Puffed Rice Cakes

7.6. Market Size (US$ Mn) and Forecast By Flavor Type, 2023 – 2030

7.6.1. Chocolate

7.6.2. Apple Cinnamon

7.6.3. Chicken

8. Asia Pacific Rice Cakes Outlook: Forecast (2023 – 2030)

8.1. Key Highlights

8.2. Pricing Analysis

8.3. Market Size (US$ Mn) and Analysis By Market, 2023 – 2030

8.3.1. By Country

8.3.2. By Product type

8.3.3. By Flavor Type

8.4. Market Size (US$ Mn) and Forecast By Country, 2023 – 2030

8.4.1. China

8.4.2. Japan

8.4.3. India

8.4.4. South Korea

8.4.5. Australia

8.4.6. New Zealand

8.4.7. Singapore

8.4.8. Malaysia

8.4.9. Rest of Asia

8.5. Market Size (US$ Mn) and Forecast By Product type, 2023 – 2030

8.5.1. Mochi

8.5.2. Puffed Rice Cakes

8.6. Market Size (US$ Mn) and Forecast By Flavor Type, 2023 – 2030

8.6.1. Chocolate

8.6.2. Apple Cinnamon

8.6.3. Chicken

9. Latin America Rice Cakes Outlook: Forecast (2023 – 2030)

9.1. Key Highlights

9.2. Pricing Analysis

9.3. Market Size (US$ Mn) and Analysis By Market, 2023 – 2030

9.3.1. By Country

9.3.2. By Product type

9.3.3. By Flavor Type

9.4. Market Size (US$ Mn) and Forecast By Country, 2023 – 2030

9.4.1. Brazil

9.4.2. Argentina

9.4.3. Colombia

9.4.4. Peru

9.4.5. Chile

9.4.6. Venezuela

9.4.7. Rest of Latin America

9.5. Market Size (US$ Mn) and Forecast By Product type, 2023 – 2030

9.5.1. Mochi

9.5.2. Puffed Rice Cakes

9.6. Market Size (US$ Mn) and Forecast By Flavor Type, 2023 – 2030

9.6.1. Chocolate

9.6.2. Apple Cinnamon

9.6.3. Chicken

10. Middle East & Africa Rice Cakes Outlook: Forecast (2023 – 2030)

10.1. Key Highlights

10.2. Pricing Analysis

10.3. Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2023 – 2030

10.3.1. By Country

10.3.2. By Product type

10.3.3. By Flavor Type

10.4. Market Size (US$ Mn) and Forecast By Country, 2023 – 2030

10.4.1. Saudi Arabia

10.4.2. UAE

10.4.3. Egypt

10.4.4. Kuwait

10.4.5. South Africa

10.4.6. Rest of Middle East & Africa

10.5. Market Size (US$ Mn) and Forecast By Product type, 2023 – 2030

10.5.1. Mochi

10.5.2. Puffed Rice Cakes

10.6. Market Size (US$ Mn) and Forecast By Flavor Type, 2023 – 2030

10.6.1. Chocolate

10.6.2. Apple Cinnamon

10.6.3. Chicken

11. Competition Analysis

11.1. Market Share Analysis Of Top Vendors

11.2. Market Structure

11.2.1. Competition Intensity Mapping By Market

11.2.2. Competition Dashboard

11.2.3. Key Development Strategies

11.3. Company Profiles

11.3.1. Mars

11.3.1.1. Overview

11.3.1.2. Offerings

11.3.1.3. Business Segment & Geographic Overview

11.3.1.4. Key Financials

11.3.1.5. Key Market Developments

11.3.1.6. Key Market Strategy

11.3.2. Quaker

11.3.3. Element Snacks

11.3.4. Taste more Snacks

11.3.5. Wangwang., Inc

11.3.6. Umeya

11.3.7. Riso Gallo

11.3.8. CJ Cheiljedang

11.3.9. The Kraft Heinz Company

11.3.10. Lotus Bakeries NV