The North America Rice-based Products Market would witness market growth of 5.3% CAGR during the forecast period (2022-2028).
Rice & rice flour have a wide range of industrial and culinary applications. Rice can be used as food directly, in beverages, as seeds, and in other products. The major three applications for rice are as a direct food source. After cooking, parboiled rice, milled rice, and brown rice are all immediately eaten.
Additionally, the production of several processed goods, including morning cereals, baby food, soup, boxed mixes, etc., use rice and rice-derived products. The market is expanding as a result of the sharp rise in demand for rice-based goods, including noodles, cakes, and other items everywhere in the world.
As a result, numerous significant market players regularly introduce and provide new product varieties, which is projected to benefit the market's expansion. For instance, Lundberg Family Farms have developed salted caramel rice cakes. These rice cakes are created with real caramel and are vegan-friendly and free of artificial flavoring and chemicals.
A few of the key elements contributing to the market's success, aside from government assistance, include access to high-quality inputs, effective crop management techniques, and innovative technology. This help produce rice that is of high quality at harvest and has the potential to keep it that way throughout the milling process. Additionally, extremely effective logistics and transportation support the expansion of the market in North America. The rising desire for nutritious snacks among consumers is a major factor in the growth of the North American rice-based products market. Additionally, it is expected that increasing consumer disposable income and a growing preference for convenience foods would fuel market expansion in this region.
The US market dominated the North America Rice-based Products Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $57,182.6 Million by 2028.The Canada market is poised to grow at a CAGR of 7.7% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 6.8% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Rice-based Products Market is Estimated 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
- US
- Canada
- Mexico
- Rest of North America
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 North America Rice-based Products Market, by Distribution Channel
1.4.2 North America Rice-based Products Market, by Type
1.4.3 North America Rice-based Products Market, by Product
1.4.4 North America 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. North America Rice-based Products Market by Distribution Channel
3.1 North America Supermarkets/Hypermarkets Market by Country
3.2 North America Online Market by Country
3.3 North America Others Market by Country
Chapter 4. North America Rice-based Products Market by Type
4.1 North America Conventional Market by Country
4.2 North America Organic Market by Country
Chapter 5. North America Rice-based Products Market by Product
5.1 North America Rice Noodles Market by Country
5.2 North America Rice Snacks Market by Country
5.3 North America Rice Cakes Market by Country
5.4 North America Rice Puddings Market by Country
5.5 North America Rice Balls Market by Country
5.6 North America Others Market by Country
Chapter 6. North America Rice-based Products Market by Country
6.1 US Rice-based Products Market
6.1.1 US Rice-based Products Market by Distribution Channel
6.1.2 US Rice-based Products Market by Type
6.1.3 US Rice-based Products Market by Product
6.2 Canada Rice-based Products Market
6.2.1 Canada Rice-based Products Market by Distribution Channel
6.2.2 Canada Rice-based Products Market by Type
6.2.3 Canada Rice-based Products Market by Product
6.3 Mexico Rice-based Products Market
6.3.1 Mexico Rice-based Products Market by Distribution Channel
6.3.2 Mexico Rice-based Products Market by Type
6.3.3 Mexico Rice-based Products Market by Product
6.4 Rest of North America Rice-based Products Market
6.4.1 Rest of North America Rice-based Products Market by Distribution Channel
6.4.2 Rest of North America Rice-based Products Market by Type
6.4.3 Rest of North America 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 North America Rice-based Products Market, 2018 - 2021, USD Million
TABLE 2 North America Rice-based Products Market, 2022 - 2028, USD Million
TABLE 3 North America Rice-based Products Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 4 North America Rice-based Products Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 5 North America Supermarkets/Hypermarkets Market by Country, 2018 - 2021, USD Million
TABLE 6 North America Supermarkets/Hypermarkets Market by Country, 2022 - 2028, USD Million
TABLE 7 North America Online Market by Country, 2018 - 2021, USD Million
TABLE 8 North America Online Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Rice-based Products Market by Type, 2018 - 2021, USD Million
TABLE 12 North America Rice-based Products Market by Type, 2022 - 2028, USD Million
TABLE 13 North America Conventional Market by Country, 2018 - 2021, USD Million
TABLE 14 North America Conventional Market by Country, 2022 - 2028, USD Million
TABLE 15 North America Organic Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Organic Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Rice-based Products Market by Product, 2018 - 2021, USD Million
TABLE 18 North America Rice-based Products Market by Product, 2022 - 2028, USD Million
TABLE 19 North America Rice Noodles Market by Country, 2018 - 2021, USD Million
TABLE 20 North America Rice Noodles Market by Country, 2022 - 2028, USD Million
TABLE 21 North America Rice Snacks Market by Country, 2018 - 2021, USD Million
TABLE 22 North America Rice Snacks Market by Country, 2022 - 2028, USD Million
TABLE 23 North America Rice Cakes Market by Country, 2018 - 2021, USD Million
TABLE 24 North America Rice Cakes Market by Country, 2022 - 2028, USD Million
TABLE 25 North America Rice Puddings Market by Country, 2018 - 2021, USD Million
TABLE 26 North America Rice Puddings Market by Country, 2022 - 2028, USD Million
TABLE 27 North America Rice Balls Market by Country, 2018 - 2021, USD Million
TABLE 28 North America Rice Balls Market by Country, 2022 - 2028, USD Million
TABLE 29 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 30 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 31 North America Rice-based Products Market by Country, 2018 - 2021, USD Million
TABLE 32 North America Rice-based Products Market by Country, 2022 - 2028, USD Million
TABLE 33 US Rice-based Products Market, 2018 - 2021, USD Million
TABLE 34 US Rice-based Products Market, 2022 - 2028, USD Million
TABLE 35 US Rice-based Products Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 36 US Rice-based Products Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 37 US Rice-based Products Market by Type, 2018 - 2021, USD Million
TABLE 38 US Rice-based Products Market by Type, 2022 - 2028, USD Million
TABLE 39 US Rice-based Products Market by Product, 2018 - 2021, USD Million
TABLE 40 US Rice-based Products Market by Product, 2022 - 2028, USD Million
TABLE 41 Canada Rice-based Products Market, 2018 - 2021, USD Million
TABLE 42 Canada Rice-based Products Market, 2022 - 2028, USD Million
TABLE 43 Canada Rice-based Products Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 44 Canada Rice-based Products Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 45 Canada Rice-based Products Market by Type, 2018 - 2021, USD Million
TABLE 46 Canada Rice-based Products Market by Type, 2022 - 2028, USD Million
TABLE 47 Canada Rice-based Products Market by Product, 2018 - 2021, USD Million
TABLE 48 Canada Rice-based Products Market by Product, 2022 - 2028, USD Million
TABLE 49 Mexico Rice-based Products Market, 2018 - 2021, USD Million
TABLE 50 Mexico Rice-based Products Market, 2022 - 2028, USD Million
TABLE 51 Mexico Rice-based Products Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 52 Mexico Rice-based Products Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 53 Mexico Rice-based Products Market by Type, 2018 - 2021, USD Million
TABLE 54 Mexico Rice-based Products Market by Type, 2022 - 2028, USD Million
TABLE 55 Mexico Rice-based Products Market by Product, 2018 - 2021, USD Million
TABLE 56 Mexico Rice-based Products Market by Product, 2022 - 2028, USD Million
TABLE 57 Rest of North America Rice-based Products Market, 2018 - 2021, USD Million
TABLE 58 Rest of North America Rice-based Products Market, 2022 - 2028, USD Million
TABLE 59 Rest of North America Rice-based Products Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 60 Rest of North America Rice-based Products Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 61 Rest of North America Rice-based Products Market by Type, 2018 - 2021, USD Million
TABLE 62 Rest of North America Rice-based Products Market by Type, 2022 - 2028, USD Million
TABLE 63 Rest of North America Rice-based Products Market by Product, 2018 - 2021, USD Million
TABLE 64 Rest of North America Rice-based Products Market by Product, 2022 - 2028, USD Million
TABLE 65 key information – CJ CheilJedang Corporation
TABLE 66 key information – PepsiCo, Inc.
TABLE 67 Key Information – Thai President Foods Plc
TABLE 68 Key Information – Kameda Seika Co. Ltd.
TABLE 69 Key Information – Ricegrowers limited
TABLE 70 Key Information – Nona Lim, LLC
TABLE 71 Key Information – Element Snacks, Inc.
TABLE 72 Key Information – Lotus Foods, Inc.
TABLE 73 Key Information – SanoRice Holding B.V.
List of Figures
FIG 1 Methodology for the research