Rice Milk Market Report 2025 (Global Edition)

Global Rice Milk Market Report 2025 Market Size Split by Form (Powder, Liquid), by Source (Organic, Conventional), by End Use (Food & Beverages, Nutraceuticals & Baby Food, Personal Care, Pharmaceutic...

Rice Milk Market Report Description

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Rice Milk Market Insights Video

Competitive Landscape of the Rice Milk Market

The rice milk market is characterized by a diverse and competitive landscape, featuring a mix of established dairy alternative brands and emerging players. Major companies such as Pacific Foods, The Hain Celestial Group, Inc., and Dream dominate the market with extensive product portfolios and strong distribution networks. These companies leverage their brand recognition and market presence to maintain a competitive edge.

May 2021: Linda MacCartney's expands into dairy alternatives by launching a new range of four plant-based milk drinks. The company offers a wide range of plant-based milk like Barista Style Organic Oat, Barista Style Organic Coconut, Organic Soya, and Organic Rice. (Source: https://dublingazette.com/dublinlocalmatters/food-drink/linda-mccartney-vegan-56423) April 2021: SunOpta completed an acquisition of Hain Celestial Group's North America non-dairy beverages brands. SunOpta bought two plant-based brands, i.e., Dream and WestSoy. (Source: https://www.foodbusinessnews.net/articles/18396-sunopta-acquires-plant-based-beverage-brands-from-hain-celestia)

Top Companies Market Share in Rice Milk Industry: (In no particular order of Rank)

• Stremicks Heritage FoodsTM
• LLC
• Essona Organics
• Inc
• Nutra Organics
• Danone
• The Hain Celestial Group
• Inc
• Campbell Soup Company
• Nature's Choice
• PANOS brands
• VitaRice Australia Products Pty Ltd
• Pureharvest Pty ltd
• freedom foods group Ltd
• OKF Corporation
• The Italian Way
• RITA FOOD and DRINK CO.
• LTD
• Fine Japan Co. Ltd.
• Nutriops S.L
• Confidential Data
• Access The Paid Version
• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Rice Milk Market

Which Region Dominates the Rice Milk Market in 2024?

According to Cognitive Market Research, North America leads the Rice Milk Market due to several factors. Firstly, increasing consumer preference for plant-based alternatives to dairy has driven demand. Secondly, robust distribution networks and extensive availability in retail chains have facilitated market penetration. Thirdly, heightened awareness of lactose intolerance and dairy allergies among consumers has spurred adoption. Additionally, North America's proactive product innovation and diverse flavor offerings cater to evolving consumer tastes.

Which Region is Expanding at the Fastest CAGR?

Asia Pacific emerges as the fastest-growing region in the Rice Milk Market for several reasons. Firstly, the region's large population base and rising disposable incomes are driving demand for healthy, plant-based alternatives. Secondly, cultural familiarity with rice as a staple food enhances acceptance and consumption of rice milk. Thirdly, increasing lactose intolerance awareness and dietary preferences towards vegan and dairy-free products contribute significantly to market expansion. Moreover, ongoing urbanization and western dietary influences further stimulate market growth.

 

The current report Scope analyzes Rice Milk Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Switzerland, Luxembourg, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC)
• Latin America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East)
• Africa (Nigeria, South Africa, Rest of Africa)

The above graph is for illustrative purposes only.

North America Rice Milk Market Analysis

According to Cognitive Market Research, the global Rice Milk market size was estimated at USD 715.2Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD 286.08million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2%from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Rice Milk market with a market size of USD 225.72 million in 2024 and is projected to grow at a CAGR of 4.0% during the forecast period. The demand is amplified by the nation's increasing consumer preference for plant-based dairy alternatives.
• The Canada Rice Milk market had a market share of USD 34.33million in 2024 and is projected to grow at a CAGR of 5.0%during the forecast period. Canada's increasing consumer preference for plant-based dairy alternatives to increased usage of Rice Milk.
• The Mexico Rice Milk market is projected to witness growth at a CAGR of 4.7% during the forecast period,with a market size of USD 26.03million in 2024.

Europe Rice Milk Market Analysis

According to Cognitive Market Research, the global Rice Milk market size was estimated at USD 715.2Million out of which Europe held the market of more than 30% of the global revenue with a market size of USD 214.56million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.5%from 2024 to 2031

• The United Kingdom Rice Milk market had a market share of USD 36.05million in 2024 and is projected to grow at a CAGR of 5.3%during the forecast period. In the UK, Rice Milk sales witness an upswing due to the nation's shift towards healthier beverage options and increasing adoption of vegan and lactose-free diets.
• The France Rice Milk market is projected to witness growth at a CAGR of 3.7% during the forecast period,with a market size of USD 19.74 million in 2024.
• According to Cognitive Market Research, the Germany Rice Milk market size was valued at USD 42.48million in 2024 and is projected to grow at a CAGR of 4.7% during the forecast period. In Germany, Rice Milk sales surged due to the shift towards healthier beverage options and increasing adoption of vegan and lactose-free diets.
• The Italy Rice Milk market is projected to witness growth at a CAGR of 3.9% during the forecast period,with a market size of USD 18.45 million in 2024.
• The Russia Rice Milk market is projected to witness growth at a CAGR of 3.5% during the forecast period, with a market size of USD 33.26million in 2024.
• The Spain Rice Milk market is projected to witness growth at a CAGR of 3.6% during the forecast period with a market size of USD 17.59 million in 2024
• The LuxembourgRice Milk market is projected to witness growth at a CAGR of 4.6%during the forecast period, with a market size of USD 6.65million in 2024.
• The PortugalRice Milk market is projected to witness growth at a CAGR of 4.3%during the forecast period, with a market size of USD 4.51million in 2024.
• The GreeceRice Milk market is projected to witness growth at a CAGR of 4.8%during the forecast period, with a market size of USD 2.57million in 2024.
• Rest of Europe'sRice Milk market is projected to witness growth at a CAGR of 3.2%during the forecast period, with a market size of USD 33.26million in 2024.

Asia Pacific Rice Milk Market Analysis

According to Cognitive Market Research, the global Rice Milk market size was estimated at USD 8951.2Million, out of which Asia Pacific held the market ofaround23% of the global revenue with a market size of USD 164.50million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.0%from 2024 to 2031.

• According to Cognitive Market Research, the China Rice Milk market size was valued at USD 74.02 million in 2024 and is projected to grow at a CAGR of 7.5% during the forecast period. Rice Milk sales surge in China due to the increasing health awareness and a strong tradition of rice consumption.
• The Japan Rice Milk market is projected to witness growth at a CAGR of 6.5%during the forecast period,with a market size of USD 22.70 million in 2024.
• The India Rice Milk market had a market share of USD 22.70 million in 2024 and is projected to grow at a CAGR of 9.8% during the forecast period. India's increasing health awareness and a strong tradition of rice consumption.
• The South Korea Rice Milk market is projected to witness growth at a CAGR of 7.1% during the forecast period, with a market size of USD 16.45 million in 2024.
• The Australia Rice Milk market is projected to witness growth at a CAGR of 5.7%during the forecast period, with a market size of USD 8.55million in 2024.
• The South East Asia Rice Milk market is projected to witness growth at a CAGR of 9.0%during the forecast period, with a market size of USD 11.35million in 2024.
• The Rest of Asia Pacific Rice Milk market is projected to witness growth at a CAGR of 7.8%during the forecast period, with a market size of USD 11.68million in 2024.

South America Rice Milk Market Analysis

According to Cognitive Market Research, the global Rice Milk market size was estimated at USD 715.2Million out of which Latin America market of more than 5% of the global revenue with a market size of USD 35.76 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.4%from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Rice Milk market size was valued at USD 15.31 million in 2024 and is projected to grow at a CAGR of 6.0%during the forecast period. Rice Milk sales flourish in Brazil due to the increasing awareness of plant-based diets and lactose intolerance.
• Argentina Rice Milk market had a market share of USD 6.01million in 2024 and is projected to grow at a CAGR of 6.3% during the forecast period. Argentina's increasing awareness of plant-based diets and lactose intolerance.
• Colombia Rice Milk market is projected to witness growth at a CAGR of 5.2% during the forecast period with a market size of USD 3.18 million in 2024.
• Peru Rice Milk market is projected to witness growth at a CAGR of 5.6%during the forecast period with a market size of USD 2.93 million in 2024.
• Chile Rice Milk market is projected to witness growth at a CAGR of 5.7% during the forecast period with a market size of USD 2.57 million in 2024.
• The Rest of Latin America Rice Milk market is projected to witness growth at a CAGR of 4.5% during the forecast period, with a market size of USD 5.76 million in 2024.

Middle East Rice Milk Market Analysis

According to Cognitive Market Research, the global Rice Milk market size was estimated at USD 715.2Million, out of which the Middle East and Africa held the major market ofaround 2% of the global revenue with a market size of USD 14.30million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.7%from 2024 to 2031.

• The GCC Countries Rice Milk market is projected to witness growth at a CAGR of 6.5%during the forecast period with a market size of USD 6.12million in 2024. Rice Milk sales flourish due to the rising awareness of plant-based nutrition and increasing cases of lactose intolerance.
• The Egypt Rice Milk market is projected to witness growth at a CAGR of 6.0% during the forecast period,with a market size of USD 1.50million in 2024.
• The South Africa Rice Milk market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 2.26 million in 2024. Rice Milk sales flourish in South Africa due to the rising awareness of plant-based nutrition and increasing cases of lactose intolerance.
• The Turkey Rice Milk market is projected to witness growth at a CAGR of 5.2% during the forecast period, with a market size of USD 1.23 million in 2024.
• The Nigeria Rice Milk market is projected to witness growth at a CAGR of 4.8%during the forecast period, with a market size of USD 1.50 million in 2024.
• The Rest of MEA Rice Milk market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD 1.69 million in 2024.

Rice Milk Market Analysis

Rice Milk MarketTypeSegment Analysis

According to Cognitive Market Research, Liquid rice milk is dominates the rice milk market due to its widespread consumer appeal and versatile usage. This category of rice milk is preferred by consumers looking for dairy alternatives that closely mimic the texture and consistency of traditional cow's milk. Liquid rice milk is convenient for use in various applications such as cereals, coffee, baking, and as a standalone beverage. Its popularity is bolstered by its easy availability in supermarkets and health food stores, catering to a growing segment of health-conscious and lactose-intolerant consumers seeking nutritious and plant-based options.

Powder is emerging as the fastest-growing category within the rice milk market, driven by several factors. This form of rice milk offers distinct advantages such as longer shelf life, ease of storage, and convenience in transportation compared to liquid alternatives. It appeals particularly to consumers in regions where fresh liquid rice milk might not be readily available or convenient to store. The powder form also attracts interest from manufacturers in developing countries looking to enter the dairy alternative market with cost-effective and versatile products suitable for diverse culinary and industrial applications.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Rice Milk Industry. Request a Free Sample PDF!

Rice Milk Market Source Segment Analysis

According to Cognitive Market Research, Conventional rice milk is dominates the rice milk market due to its widespread availability and lower production costs compared to organic varieties. This category of rice milk appeals to a broader consumer base seeking affordable dairy alternatives that are easily accessible in supermarkets and grocery stores. The conventional production methods allow for larger-scale farming and processing, which results in competitive pricing that attracts budget-conscious consumers. Moreover, conventional rice milk often undergoes fortification processes that enhance nutritional value, making it a preferred choice for individuals looking for enriched plant-based beverages without the premium price associated with organic products.

The Organic rice milk is experiencing rapid growth within the rice milk market, driven by increasing consumer demand for natural and environmentally sustainable products. This category of rice milk appeals to health-conscious consumers who prioritize organic farming practices and seek products free from synthetic pesticides, GMOs, and artificial additives. Organic rice milk is perceived as healthier and more environmentally friendly, aligning with trends towards clean eating and sustainability. The growing availability of organic rice milk in specialty stores and health food outlets caters to a niche market segment willing to pay a premium for products that support ethical farming practices and offer superior nutritional benefits.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Rice Milk End Use Segment Analysis

End Use Segment Analysis

According to Cognitive Market Research, Food & beverages is dominate the rice milk market due to their extensive use in culinary applications and as a dairy alternative in various recipes. This category of rice milk is widely incorporated into products such as desserts, smoothies, baked goods, and sauces, offering a creamy texture and mild flavor that complements diverse culinary creations. The versatility of rice milk in food and beverages appeals to both consumers seeking lactose-free options and manufacturers looking to innovate with plant-based ingredients.

Nutraceuticals & baby food represent the fastest-growing category within the rice milk market, driven by rising demand for nutritious and allergen-friendly options for infants and health-conscious adults. This category of rice milk is valued for its hypoallergenic properties, making it suitable for individuals with dairy allergies or sensitivities. In baby food formulations, rice milk serves as a viable alternative to cow's milk or soy-based products, offering essential nutrients and promoting healthy growth without potential allergens.

• Food & Beverages
• Nutraceuticals & Baby Food
• Personal Care
• Pharmaceuticals
• Others

Rice Milk Distribution Channel Segment Analysis

Distribution Channel Segment Analysis

According to Cognitive Market Research, Supermarkets & hypermarkets dominate the distribution of rice milk due to their extensive reach and established consumer base. This category benefits from the convenience of one-stop shopping, where consumers can easily find a variety of rice milk brands alongside other grocery items. The widespread presence of supermarkets and hypermarkets ensures broad accessibility for both regular consumers and those new to dairy alternatives, fostering steady growth in sales volumes. Moreover, these retail channels often offer promotional activities and discounts, further incentivizing consumers to choose rice milk over traditional dairy products.

Online retail is emerging as the fastest-growing distribution channel for rice milk, driven by increasing consumer preference for convenient shopping experiences and the expanding e-commerce landscape. This category of distribution allows consumers to browse a wide range of rice milk brands from the comfort of their homes, offering convenience, flexibility, and often competitive pricing. The rise of online grocery platforms and specialized health food websites has facilitated easier access to niche products like rice milk, particularly appealing to tech-savvy millennials and urban dwellers with busy lifestyles.

• Supermarket & Hypermarket
• Online Retails
• Others

Author's Detail

Sneha Singh

Research Analyst at Cognitive Market Research

LinkedIn

Profile

I am a well-organized, conscientious, and professional Research Analyst with two three years of experience. In my current role, I conduct in-depth secondary research, data mining, competitive analysis, DRO's, PR, and Collateral writing. Whilst I enjoy working as part of a team, researching information, analyzing data, and producing results that help my organization to achieve its commercial and financial objectives.

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