Global Rice Crisps Market Overview:
Rice crisps are ready-to-eat, toasted rice cereal with added vitamins and minerals without any sweeteners. Rice crisps can be used in a variety of recipes. This product is a good source of proteins, carbohydrates, and minerals like sulfur and copper. Rice crisps are available in different flavors such as caramel, chocolate, etc. Some of the players profiled in the study are Chika’s Food (United Kingdom), Richardson Milling (UK) Ltd. (United Kingdom), The Quaker Oats Company (United States), The Kellogg Company (United States), TH Foods (United States), Kameda Seika (Japan), Sanko Seika (Japan), Takelitez (India), LT Foods Limited (India) and SSOM International Foods (India).
On the basis of geography, the market of Rice Crisps has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Raw Material, the sub-segment i.e. Whole Grain Brown Rice will boost the Rice Crisps market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Supermarkets and Hypermarkets will boost the Rice Crisps market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Increasing Demand for Packaged Rice Snacks Owing to Large Working Populations
- Growing Health Awareness and Rise in Demand for Cereal Based Foods
- Increasing Demand for Gluten-free, Natural, Vegan Foods among Consumers
- Availability of Substitutes for the Rice Snacks
- High Consumption of Non-vegetarian Foods in Developed Countries
- Increasing Therapeutic Benefits of Rice Crisps Such as Promoting Digestion, Boosting Immunity
- Increasing Consumption of Rice-Based Food in Developing Regions
- Excessive Intake of Rice May Leads to Diabetes Owing to its High Glycemic Index
In January 2020, LT Foods, an Indian-based snacks manufacturing company, ties up with Japan's largest rice crackers company Kameda Seika a firm to launch rice crackers.
The global Rice Crisps market is fragmented in nature as many food and snacks manufacturing companies are producing rice crisps, owing to high demand from the end-consumers, and rising health benefits. Major players such as Quaker and Kellogs are developing new strategies such as new flavors, and use of high-quality raw materials, acquiring local vendors, etc. to stay competitive in the market.
Target Audience:Rice Crisps Manufacturers, Raw Material Suppliers, Food & Beverage Companies, Traders/Exporters/Importers, End-Use Industry and Others
Major Objectives Focused through this Study To define, describe, and forecast the Global Rice Crisps market on the basis of product [Natural and Artificial or Flavoured] , application [Household and Commercial], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Rice Crisps market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Rice Crisps industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are Shanti Food Chem Private Limited (India), Mochikichi (Japan), Want Want (China), Uncle Pop (China) and Xiaowangzi Food (China).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Rice Crisps market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.