Rice Cakes Market

By Flavor;

Caramel, Chocolate, Chicken and Apple Cinnamon

By Type;

Puffed and Mochi

By Product;

Brown Rice Cakes, White Rice Cakes and Others

By Packaging Type ;

Stick Packs, Snack-Sized Portion Bags, Pillow Pouches and Others

By Distribution Channel;

Offline and Online

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn956028284 Published Date: August, 2025

Introduction

Global Rice Cakes Market (USD Million), 2021 - 2031

In the year 2024, the Global Rice Cakes Market was valued at USD 19,783.02 million. The size of this market is expected to increase to USD 28,022.80 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.1%.


Rice Cakes Market

*Market size in USD million

CAGR 5.1 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.1 %
Market Size (2024)USD 19,783.02 Million
Market Size (2031)USD 28,022.80 Million
Market ConcentrationMedium
Report Pages354
19,783.02
2024
28,022.80
2031

Major Players

  • Element Snacks
  • Lundberg
  • Mars
  • PepsiCo
  • Tastemorr Snacks

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Rice Cakes Market

Fragmented - Highly competitive market without dominant players


The rising health consciousness among consumers is driving the increasing popularity of rice cakes as a healthier food option. With growing awareness of the nutritional benefits associated with rice cakes, their demand is experiencing a positive impact, particularly due to their higher dietary fiber content and other essential nutrients, making them a preferred choice for individuals seeking to lead a healthier lifestyle.

The global surge in veganism, with approximately 88 million vegans worldwide according to World Animal Foundation stats 2023, is further fueling the demand for plant-based food products in the bakery sector, including rice cakes. As consumers increasingly adopt vegan diets, the need for vegan-friendly snacks such as rice cakes continues to rise. Additionally, the availability of rice cakes in various flavors is significantly influencing market expansion, appealing to a wider consumer base.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Flavor
    2. Market Snapshot, By Type
    3. Market Snapshot, By Product
    4. Market Snapshot, By Packaging Type
    5. Market Snapshot, By Distribution Channel;
    6. Market Snapshot, By Region
  4. Rice Cakes Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Health and Wellness Trends
        2. Product Innovation
        3. Convenience
        4. Gluten-Free
      2. Restraints
        1. Limited Flavor Appeal
        2. Competition
        3. Perceived Lack of Satiety
      3. Opportunities
        1. E-commerce Growth
        2. Functional Ingredients
        3. Sustainability Focus
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Rice Cakes Market, By Flavor, 2021 - 2031 (USD Million)
      1. Caramel
      2. Chocolate
      3. Chicken
      4. Apple Cinnamon
    2. Rice Cakes Market, By Type, 2021 - 2031 (USD Million)
      1. Puffed
      2. Mochi
    3. Rice Cakes Market, By Product, 2021 - 2031 (USD Million)
      1. Brown rice cakes
      2. White rice cakes
      3. Others
    4. Rice Cakes Market, By Packaging Type,2021 - 2031 (USD Million)
      1. Stick packs
      2. Snack-Sized Portion Bags
      3. Pillow Pouches
      4. Others
    5. Rice Cakes Market, By Distribution Channel;, 2021 - 2031 (USD Million)
      1. Offline
      2. Online
    6. Rice Cakes Market, By Geography, 2021- 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Element Snacks
      2. Lundberg
      3. Mars
      4. PepsiCo
      5. Tastemorr Snacks
  7. Analyst Views
  8. Future Outlook of the Market