# The Rice Milk Market To Witness Steadfast Growth
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2021-11-26
Category: Research Reports
Category URL: https://financedigest.com/category/research-reports
Meta Title: Explore Flavored Rice Milk Market Growth and Trends | PMR
Meta Description: Explore the flourishing rice milk market offering diverse flavours for lactose intolerant consumers. Get in-depth analysis and organic options here!
URL: https://financedigest.com/the-rice-milk-market-to-witness-steadfast-growthhtml

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Flavored milk is among the most consumed milk beverage, worldwide, and consumers are keen to try different variants of it. Rice milk manufacturers are thus offering flavored rice milk, which is widely accepted across regions. Rice milk is also the least likely of all milk products to cause allergies. This makes it a good choice for people with lactose intolerance or who have allergies to milk, soy, or nuts. On the back of these factors, the global rice milk [market is expected to witness substantial growth](https://www.financedigest.com/microplate-washers-market-is-expected-to-witness-significant-growth-between-2020-2030.html " Microplate Washers Market is Expected to Witness Significant Growth between 2020–2030") at a **CAGR of around 9%,** and top a valuation of **US$ 1.8 Bn** by **2030**.

**For [in-depth competitive analysis](https://www.financedigest.com/mould-inhibitors-market-in-depth-overview-growth-factors-regional-analysis-and-forecasts-outlook-2030.html "Mould Inhibitors Market In-Depth Overview, Growth Factors, Regional Analysis And Forecasts Outlook-2030"), buy now@**

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**Key Takeaways from Rice [Milk Market](https://www.financedigest.com/milking-salve-market-in-depth-overview-growth-factors-regional-analysis-and-forecasts-outlook-2030.html "Milking Salve Market In-Depth Overview, Growth Factors, Regional Analysis and Forecasts Outlook-2030") Study**

- The organic segment, by nature, is projected to register a high volume [growth rate of](https://www.financedigest.com/gsk-spinoff-haleon-forecasts-2023-organic-revenue-growth-at-top-end-of-view.html "GSK-spinoff Haleon forecasts 2023 organic revenue growth at top-end of view")**9%** over the forecast period, owing to increased consumer inclination toward organic and natural ingredients.
- Europe accounts for the largest value share of 401% in the global rice milk market, as the plant-based movement is getting traction among [European consumers](https://www.financedigest.com/european-airlines-see-travel-withstanding-consumer-squeeze-for-now.html "European airlines see travel withstanding consumer squeeze for now").
- The rice milk [market in South Asia is anticipated to register the highest growth](https://www.financedigest.com/3d-printing-in-eyewear-market-to-witness-an-outstanding-growth-during-2019-2027.html "3D Printing in Eyewear Market to Witness an Outstanding Growth during 2019 – 2027") of nearly **11%** over the forecast period. Easy availability of raw material for the production of rice milk, and this milk being a fortified source of calcium, vitamin A, and vitamin D, are [boosting the growth](https://www.financedigest.com/uk-businesses-call-for-looser-immigration-rules-to-boost-growth.html "UK businesses call for looser immigration rules to boost growth") of this regional market.
- The business to consumer segment is expected to [witness the highest CAGR](https://www.financedigest.com/the-bicycle-tire-market-to-witness-an-exhilarating-cagr-of-7-7-between-2021-and-2031.html "The Bicycle Tire Market to witness an exhilarating CAGR of 7.7% between 2021 and 2031") over the forecast period, owing to increased usage of online retail channels and higher brand availability for consumers to choose from.
- The **COVID-19** pandemic is expected to have a moderate impact on the [progress of the global rice milk market](https://www.financedigest.com/automotive-telematics-market-progresses-for-huge-profits-during-2019-2027.html "Automotive telematics market Progresses for Huge Profits During 2019-2027 ").

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**[Global Rice Milk Market:](https://www.financedigest.com/global-recycled-metal-market-projected-to-garner-significant-revenues-by-2026-2.html "Global Recycled Metal Market Projected to Garner Significant Revenues by 2026") Competitive Landscape**

Key players in the global rice milk [market are continuously developing](https://www.financedigest.com/woodworking-tools-market-notable-developments-geographical-outlook.html "Woodworking Tools Market: Notable Developments & Geographical Outlook") and expanding their product portfolios. They are also aiming to convert their product range into [organic and dairy-free products by merging with various other market](https://www.financedigest.com/organic-fertilizer-market-2020-outlook-current-and-future-industry-landscape-analysis-2030.html "Organic Fertilizer Market 2020 Outlook, Current and Future Industry Landscape Analysis 2030") players.

- In April **2017** Danone [Group joined](https://www.financedigest.com/james-trainor-top-fbi-cyber-expert-joins-aons-cyber-solutions-group.html "James Trainor, top FBI cyber expert, joins Aon’s Cyber Solutions Group") hands with WhiteWave under the terms of a merger agreement. These two [companies are working together](https://www.financedigest.com/alone-together-how-to-maintain-a-positive-company-culture-while-working-remotely.html "Alone together: How to maintain a positive company culture while working remotely") in North America under the name ‘DanoneWave’, using the Alpro brand to provide plant-based food and beverages to their customers. This [acquisition was one of the biggest steps for Danone Group](https://www.financedigest.com/incentive-fm-group-announces-latest-strategic-me-acquisition.html "INCENTIVE FM GROUP ANNOUNCES LATEST STRATEGIC M&E ACQUISITION") to strengthen its position in the plant-based segment in the North American market.

Key manufacturers in the rice milk landscape are emphasizing on collaborating with various distributors and [retailers to increase](https://www.financedigest.com/omv-q3-retail-and-commercial-margins-increased-q-q.html "OMV: Q3 retail and commercial margins increased q/q") their product reach in the international market. These collaborations are [increasing product](https://www.financedigest.com/global-paper-straws-market-to-expand-with-increased-demand-for-biodegradable-products.html "Global Paper Straws Market To Expand With Increased Demand For Biodegradable Products") penetration in various potential countries across the globe.

- Nutra Organics Pty Ltd has [collaborated with various distributors and retailers to expand its distribution channels internationally](https://www.financedigest.com/why-finance-needs-to-collaborate-to-get-rid-of-internal-worries.html "Why finance needs to collaborate to get rid of internal worries"). The company is expanding its distribution in regions such as New Zealand, Singapore, and [Hong Kong](https://www.financedigest.com/screening-of-winnie-the-pooh-horror-film-cancelled-in-hong-kong.html "Screening of ‘Winnie the Pooh’ horror film cancelled in Hong Kong"). It has also tied up with local retailers and wholesalers to [increase its reach across](https://www.financedigest.com/increasingly-flexible-working-patterns-drive-up-it-and-technology-spend-across-europe.html "Increasingly Flexible working patterns drive up IT and technology SPEND across europe") regions.

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**Read More Trending “PMR Exclusive Article”**

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- **Global Market Study on Natural and Organic Flavors:** [**https://www.persistencemarketresearch.com/market-research/natural-and-organic-flavors-market.asp**](https://www.persistencemarketresearch.com/market-research/natural-and-organic-flavors-market.asp)

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