The worldwide rice cakes market is expected to record a most noteworthy CAGR of 4.2% during the conjecture time frame 2022-2032, from US$ 521.3 Mn in 2022 to arrive at a valuation of US$ 786.6 Mn by 2032.
Rice cake is a food item produced using rice that is formed or consolidated or joined into a solitary article, which is being utilized as a sound tidbit that is getting the purchasers far from undesirable items like chips, fries, and others. Development of rice cakes occurred in Southeast Asia and are ready from rice grains like wheat, microorganism, and endosperm.
It can likewise be utilized as a base for different fixings. Rice cakes are accessible in various flavors like chocolate, apple cinnamon, chicken, caramel, and others. The development of rice cakes depends on the hazardous attributes of rice like popcorn when intensity and tension are applied.
There are various assortments of rice cakes accessible on the lookout, every one of these assortment have a few nourishing highlights helpful for purchasers. Rice cakes are created from earthy colored rice and have high fiber content. Rice cakes contain no sodium and fat, it gives enduring energy as they are not processed quick, and rice cake additionally contains magnesium, manganese, tryptophan, and selenium.
Regardless of having low-calorie content, rice cakes are not reasonable for weight reduction as it is a sort of starch having a high glycemic file which raises the glucose level exceptionally quick however its advantages can be completely used in the event that utilized as a substitute for unhealthy foods like chips, baked goods, fries, and others.
However grains have high supplement content it is hard for customers with celiac sickness to consume grains since it might contain gluten which can advance side effects including swelling, looseness of the bowels and stomach torments. This large number of dietary capabilities of rice cakes drive the worldwide rice cake market.
High glycemic nature of rice cakes could prompt malignant growth, diabetes, irreversible diabetes and can cause cardiovascular sickness. Rice cakes are unsatisfactory for infants as it contains an elevated degree of arsenic which is connected to medical conditions including malignant growth.
Market Segmentation
The rice cake market is portioned based on item type, flavors, natural substance, dissemination channel and bundling type. Based on item type, rice cake market can be fragmented as mochi (Japanese rice cakes), Puffed rice cakes (North American rice cakes) and others. Based on flavor type, rice cake market can be sectioned as chocolate, apple cinnamon, chicken, caramel, and others.
A portion of the central members in the rice cake market incorporates Quaker Oats Company, Mars Incorporated, Element Snacks, Inc., Lundberg, Tastemorr Snacks, RACIO, s.r.o. what’s more, Sanorice.
