Overview:

The global rice milk market is anticipated to demonstrate steady growth in the coming years. The market size is projected to reach USD 704.43 million in 2025, with a compound annual growth rate (CAGR) of 5.8%, propelling the market to an estimated value of USD 1,237.93 million by 2035. The increasing consumer inclination toward plant-based alternatives to traditional dairy products is a primary driver of this expansion.

The rise in lactose intolerance and milk allergies among the global population has significantly contributed to the demand for rice milk. Furthermore, the growing vegan and vegetarian populations are also seeking alternatives to traditional dairy, boosting the rice milk market.

Consumers’ increasing awareness of the health benefits associated with rice milk, such as its low-fat content and cholesterol-free nature, further drives market growth. Rice milk is perceived as a healthy and nutritious beverage option, attracting a health-conscious demographic.

Geographically, North America and Europe currently dominate the rice milk market, owing to the high prevalence of lactose intolerance and the presence of numerous health-conscious consumers. Asia Pacific is expected to witness substantial growth due to the expanding vegan population and increasing awareness about plant-based diets.

Key players in the rice milk market are focusing on product innovation and strategic collaborations to strengthen their market positions. Emphasis is being placed on enhancing the nutritional profile of rice milk and expanding distribution channels to cater to the growing consumer base.

The need for sustainable and eco-friendly products enhances the market. Product innovations will continue to shape the trajectory of the global rice milk market.

Year On Year Growth Chart

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Key Companies Market Share