The Latin America, Middle East and Africa Rice Milk Market is expected to witness market growth of 15.9% CAGR during the forecast period (2024-2031). In the year 2027, the LAMEA market's volume is expected to surge to 18,238.0 tonnes, showcasing a growth of 13.9% (2024-2031).
Conventional rice milk is produced using rice cultivated through traditional farming methods that often involve the use of synthetic fertilizers, pesticides, and other chemical inputs to ensure higher yields and efficiency. It is the most widely available type of rice milk and caters to the mass market, thanks to its cost-effectiveness and broad accessibility. Thus, the Saudi Arabia market is expected to utilize 2,571.6 tonnes of conventional Rice milk by the year 2031.
The Brazil market dominated the LAMEA Rice Milk Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $34.5 Million by 2031. The Argentina market is showcasing a CAGR of 16.7% during 2024-2031. Additionally, the UAE market would register a CAGR of 15.6% during 2024-2031.
The dynamic economic and retail trends influence the growth of the rice milk market in Brazil and the UAE. As consumer preferences shift towards healthier, plant-based alternatives, rice milk, which is lactose-free and plant-based, is gaining popularity. Retail trade growth in Brazil and the expansion of the food service sector in the UAE contribute to this rising demand.
The dynamic economic and retail trends influence the growth of the rice milk market in Brazil and the UAE. As consumer preferences shift towards healthier, plant-based alternatives, rice milk, which is lactose-free and plant-based, is gaining popularity. Retail trade growth in Brazil and the expansion of the food service sector in the UAE contribute to this rising demand.
Conventional rice milk is produced using rice cultivated through traditional farming methods that often involve the use of synthetic fertilizers, pesticides, and other chemical inputs to ensure higher yields and efficiency. It is the most widely available type of rice milk and caters to the mass market, thanks to its cost-effectiveness and broad accessibility. Thus, the Saudi Arabia market is expected to utilize 2,571.6 tonnes of conventional Rice milk by the year 2031.
The Brazil market dominated the LAMEA Rice Milk Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $34.5 Million by 2031. The Argentina market is showcasing a CAGR of 16.7% during 2024-2031. Additionally, the UAE market would register a CAGR of 15.6% during 2024-2031.
The dynamic economic and retail trends influence the growth of the rice milk market in Brazil and the UAE. As consumer preferences shift towards healthier, plant-based alternatives, rice milk, which is lactose-free and plant-based, is gaining popularity. Retail trade growth in Brazil and the expansion of the food service sector in the UAE contribute to this rising demand.
The dynamic economic and retail trends influence the growth of the rice milk market in Brazil and the UAE. As consumer preferences shift towards healthier, plant-based alternatives, rice milk, which is lactose-free and plant-based, is gaining popularity. Retail trade growth in Brazil and the expansion of the food service sector in the UAE contribute to this rising demand.
List of Key Companies Profiled
- The Hain Celestial Group, Inc.
- SunOpta, Inc.
- Campbell Soup Company (Pacific Foods of Oregon, Inc.)
- Panos Brands, LLC
- OKF Corporation
- Vitasoy International Holdings Ltd.
- Axiom Foods, Inc.
- Califia Farms LLC
- Pureharvest Pty Ltd.
Market Report Segmentation
By Source (Volume, Tonnes, USD Billion, 2020-2031)
- Conventional
- Organic
By Distribution Channel (Volume, Tonnes, USD Billion, 2020-2031)
- Supermarkets/Hypermarkets
- Convenience Stores
- Online Retailers
- Other Distribution Channels
By Form (Volume, Tonnes, USD Billion, 2020-2031)
- Liquid
- Powder
By Country (Volume, Tonnes, USD Billion, 2020-2031)
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. LAMEA Rice Milk Market by Source
Chapter 5. LAMEA Rice Milk Market by Distribution Channel
Chapter 6. LAMEA Rice Milk Market by Form
Chapter 7. LAMEA Rice Milk Market by Country
Chapter 8. Company Profiles
Companies Mentioned
- The Hain Celestial Group, Inc.
- SunOpta, Inc.
- Campbell Soup Company (Pacific Foods of Oregon, Inc.)
- Panos Brands, LLC
- OKF Corporation
- Vitasoy International Holdings Ltd.
- Axiom Foods, Inc.
- Califia Farms LLC
- Pureharvest Pty Ltd.
Methodology
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