Product Code: ETC13169466 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Rice Milk Market was valued at USD 1.7 Billion in 2024 and is expected to reach USD 2.5 Billion by 2031, growing at a compound annual growth rate of 5.70% during the forecast period (2025-2031).
The global rice milk market is experiencing significant growth due to the increasing demand for plant-based and dairy-free alternatives. Rice milk, made from milled rice and water, is favored by consumers with lactose intolerance, dairy allergies, or those following a vegan diet. The market is driven by growing health consciousness, environmental concerns, and the rising adoption of vegan lifestyles. Key players in the market are focusing on product innovation, expanding distribution channels, and strategic partnerships to capitalize on the expanding consumer base. Asia-Pacific dominates the market due to the traditional consumption of rice-based products in the region, while North America and Europe are also witnessing a surge in demand. The market is expected to continue its growth trajectory, driven by consumer preferences for healthier and sustainable food options.
The Global Rice Milk Market is experiencing a surge in demand due to the growing popularity of plant-based dairy alternatives among health-conscious consumers. The market is witnessing a trend towards clean-label and organic rice milk products, driving manufacturers to innovate with new flavors, fortifications, and packaging formats. Additionally, the increasing prevalence of lactose intolerance and dairy allergies is further fueling the market growth. Opportunities lie in the development of fortified rice milk varieties targeting specific consumer segments, such as those looking for high-protein or calcium-enriched options. Expansion into emerging markets with a rising vegan population also presents a promising avenue for market players. Overall, the Global Rice Milk Market is poised for continued growth and innovation as consumers seek healthier and sustainable alternatives to traditional dairy products.
In the Global Rice Milk Market, some of the key challenges include competition from other plant-based milk alternatives such as almond, soy, and oat milk, which offer similar health benefits and flavors. Additionally, rice milk`s relatively higher production costs compared to other plant-based milks can impact its pricing and competitiveness in the market. Another challenge is the perception of rice milk as being less nutritious than other alternatives due to its lower protein content. Furthermore, sourcing high-quality rice for production and ensuring sustainable farming practices pose challenges in maintaining consistent supply chains. Lastly, limited awareness and distribution channels in certain regions can hinder the market penetration and growth of rice milk products. Overcoming these challenges will require innovative marketing strategies, product differentiation, and sustainable sourcing practices.
The Global Rice Milk Market is primarily driven by the rising trend of plant-based and dairy-free products due to increasing health consciousness and dietary restrictions among consumers. Rice milk is considered a healthier alternative to cow`s milk for individuals with lactose intolerance or allergies. Additionally, the growing vegan population, coupled with a shift towards sustainable and environmentally friendly food choices, is fueling the demand for rice milk. The availability of fortified rice milk with added vitamins and minerals is also contributing to market growth. Moreover, the expanding retail distribution channels and aggressive marketing strategies by key players are further boosting the market for rice milk products.
Government policies related to the Global Rice Milk Market vary by country. Some governments provide subsidies or incentives to promote rice milk production as a dairy alternative, while others impose regulations on labeling and packaging to ensure consumer safety and transparency. Additionally, some governments may offer support for research and development in the rice milk industry to encourage innovation and sustainability. Import and export regulations may also impact the global rice milk market, affecting trade flows and market dynamics. Overall, government policies play a significant role in shaping the growth and development of the rice milk market, influencing factors such as production, distribution, pricing, and consumer demand.
The Global Rice Milk Market is poised for significant growth in the coming years due to increasing consumer demand for plant-based and dairy-free alternatives. Factors such as the rising prevalence of lactose intolerance, growing awareness about the health benefits of plant-based diets, and environmental concerns related to dairy production are driving the market`s expansion. Additionally, the introduction of innovative flavors and fortified varieties, along with aggressive marketing strategies by key players, are expected to further boost market growth. As the trend towards vegan and vegetarian lifestyles continues to gain momentum worldwide, the Global Rice Milk Market is projected to experience steady growth and offer lucrative opportunities for manufacturers and retailers alike.
In the global rice milk market, Asia is a key region due to the traditional consumption of rice-based products in countries like China, Japan, and India. North America and Europe are witnessing a rise in demand for rice milk as consumers seek dairy alternatives for health and environmental reasons. In the Middle East and Africa, the market for rice milk is growing as awareness about lactose intolerance and vegan diets increases. Latin America is also showing potential for market growth with the rising popularity of plant-based beverages. Key factors influencing the market in these regions include increasing health consciousness, lactose intolerance prevalence, and the availability of innovative rice milk products catering to diverse consumer preferences.
Global Rice Milk Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Rice Milk Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Rice Milk Market Revenues & Volume, 2021 & 2031F |
3.3 Global Rice Milk Market - Industry Life Cycle |
3.4 Global Rice Milk Market - Porter's Five Forces |
3.5 Global Rice Milk Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Rice Milk Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Global Rice Milk Market Revenues & Volume Share, By Source, 2021 & 2031F |
4 Global Rice Milk Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Rice Milk Market Trends |
6 Global Rice Milk Market, 2021 - 2031 |
6.1 Global Rice Milk Market, Revenues & Volume, By Form, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Rice Milk Market, Revenues & Volume, By Powder Rice Milk, 2021 - 2031 |
6.1.3 Global Rice Milk Market, Revenues & Volume, By Fluid Rice Milk, 2021 - 2031 |
6.2 Global Rice Milk Market, Revenues & Volume, By Source, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Rice Milk Market, Revenues & Volume, By Organic, 2021 - 2031 |
6.2.3 Global Rice Milk Market, Revenues & Volume, By Conventional, 2021 - 2031 |
6.3.1 Overview & Analysis |
7 North America Rice Milk Market, Overview & Analysis |
7.1 North America Rice Milk Market Revenues & Volume, 2021 - 2031 |
7.2 North America Rice Milk Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Rice Milk Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Rice Milk Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Rice Milk Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Rice Milk Market, Revenues & Volume, By Form, 2021 - 2031 |
7.4 North America Rice Milk Market, Revenues & Volume, By Source, 2021 - 2031 |
8 Latin America (LATAM) Rice Milk Market, Overview & Analysis |
8.1 Latin America (LATAM) Rice Milk Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Rice Milk Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Rice Milk Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Rice Milk Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Rice Milk Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Rice Milk Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Rice Milk Market, Revenues & Volume, By Form, 2021 - 2031 |
8.4 Latin America (LATAM) Rice Milk Market, Revenues & Volume, By Source, 2021 - 2031 |
9 Asia Rice Milk Market, Overview & Analysis |
9.1 Asia Rice Milk Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Rice Milk Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Rice Milk Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Rice Milk Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Rice Milk Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Rice Milk Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Rice Milk Market, Revenues & Volume, By Form, 2021 - 2031 |
9.4 Asia Rice Milk Market, Revenues & Volume, By Source, 2021 - 2031 |
10 Africa Rice Milk Market, Overview & Analysis |
10.1 Africa Rice Milk Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Rice Milk Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Rice Milk Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Rice Milk Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Rice Milk Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Rice Milk Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Rice Milk Market, Revenues & Volume, By Form, 2021 - 2031 |
10.4 Africa Rice Milk Market, Revenues & Volume, By Source, 2021 - 2031 |
11 Europe Rice Milk Market, Overview & Analysis |
11.1 Europe Rice Milk Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Rice Milk Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Rice Milk Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Rice Milk Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Rice Milk Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Rice Milk Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Rice Milk Market, Revenues & Volume, By Form, 2021 - 2031 |
11.4 Europe Rice Milk Market, Revenues & Volume, By Source, 2021 - 2031 |
12 Middle East Rice Milk Market, Overview & Analysis |
12.1 Middle East Rice Milk Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Rice Milk Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Rice Milk Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Rice Milk Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Rice Milk Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Rice Milk Market, Revenues & Volume, By Form, 2021 - 2031 |
12.4 Middle East Rice Milk Market, Revenues & Volume, By Source, 2021 - 2031 |
13 Global Rice Milk Market Key Performance Indicators |
14 Global Rice Milk Market - Export/Import By Countries Assessment |
15 Global Rice Milk Market - Opportunity Assessment |
15.1 Global Rice Milk Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Rice Milk Market Opportunity Assessment, By Form, 2021 & 2031F |
15.3 Global Rice Milk Market Opportunity Assessment, By Source, 2021 & 2031F |
16 Global Rice Milk Market - Competitive Landscape |
16.1 Global Rice Milk Market Revenue Share, By Companies, 2024 |
16.2 Global Rice Milk Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |