Press release
Rice-based drinks in Asian countries Industry Value accounted for USD XX Billion by 2022, Driven by the increasing traditional consumption habits during the forecast, 2023-2033
According to the report, the global Rice based drinks in the Asian countries market accounted for a market size of USD XX Billion in 2022, growing at a CAGR of XX% from 2023 to 2033. Rice-based drinks, also known as rice milk or rice beverages, are popular non-dairy alternatives in Asian countries. They are made by blending rice with water and sometimes sweeteners or flavorings to create a creamy and mildly sweet beverage. These drinks are suitable for individuals who are lactose intolerant, have dairy allergies, or prefer plant-based alternatives.The market for rice-based drinks in Asian countries has seen significant growth driven by factors such as traditional consumption habits, the plant-based and dairy-free trend, health consciousness, allergen-friendly options, regional preferences, convenience, marketing efforts, and product innovation. As consumer awareness and demand for non-dairy alternatives continue to rise, the popularity of rice-based drinks is expected to grow further in Asian markets.
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Key Highlights:
• The global Rice based drinks in Asian countries Market size was valued at USD XX Billion in 2022 growing at a CAGR of XX% from 2023 to 2033.
• Asia Pacific dominated the market in 2022
Evolve Business Intelligence is going to publish a new market research report providing market analysis that examines and evaluates the current and future conditions to identify trends, opportunities, and potential risks that may impact the performance of businesses operating within that market. This analysis typically involves collecting and analyzing data related to various factors such as economic indicators, consumer behavior, technological advancements, and regulatory policies that affect the market.
In terms of COVID-19 impact, the Rice based drinks in Asian countries market report also includes the following data points:
• COVID-19 Impact on Rice based drinks in Asian countries market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Rice based drinks in Asian countries market
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Key Players
Some of the major Rice based drinks in Asian countries players holding high market share include Thai President Foods Public Company Limited., Nona Lim, LLC., Lotus Foods Inc., Annie Chun's, Inc.. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• Thai President Foods Public Company Limited.
• Nona Lim, LLC.
• Lotus Foods Inc.
• Annie Chun's, Inc.
• Element Snacks
• The Quaker Oats Company
• Ricegrowers Limited
• KAMEDA SEIKA CO., LTD.
• Sanorice
• OTTOGI CORPORATION., Ltd
Segmental Analysis
Market Segment By Type with focus on market share, consumption trend, and growth rate of Rice based drinks in Asian countries Market:
• Conventional
• Organic
Based on Type, organic currently hold the largest market share in the Rice-based drinks in Asian countries market.
Market Segment By Distribution Channel with focus on market share, consumption trend, and growth rate of Rice based drinks in Asian countries Market:
• Supermarkets/Hypermarkets
• Online
• Others
Based on Distribution Channels, The Supermarkets/Hypermarkets segment holds the largest market share in the Rice based drinks in Asian countries market.
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Global Rice based drinks in Asian countries Geographic Coverage:
• North America
o US
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Nordic Countries
o Benelux
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Australia
o Rest of Asia Pacific
• Middle East and Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
Reasons to Buy this Report:
• Industry and Market Understanding: This report provides a comprehensive overview of a particular industry or market, including its size, trends, key players, and future outlook. By purchasing this research report, you can gain a better understanding of the industry you are operating in or considering entering.
• Competitive Intelligence: This report provides detailed information on competitors, including their strengths and weaknesses, market share, financial analysis, key developments and strategies adopted, and product offerings. This information can help businesses develop effective competitive strategies.
• Investment Decisions: This report helps investors make informed decisions by providing data on market size, growth potential, and key trends. This information can be useful for identifying investment opportunities and evaluating risk.
• Regulatory Compliance: This report includes information on regulatory policies and requirements that affect a particular industry or market. This can be valuable information for businesses seeking to comply with regulations and avoid potential legal issues.
Overall, Rice based drinks in Asian countries market research reports provide valuable insights and information that can help businesses and individuals make informed decisions in a rapidly changing global marketplace.
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Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
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