ReportsnReports . com adds new research report Global Rice Milk Market 2017-2021 . This report covers the present scenario and the growth prospects of the global rice milk market for 2017-2021 . To calculate the market size , the report considers the revenue generated through the sales of rice milk in key geographical regions such as the Americas , APAC , Europe , and ROW .
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The following companies are the key players in the global rice milk market : DREAM , Pacific Foods , Vitasoy , and WhiteWave Foods .
Other Prominent Vendors in the market are : Costco Wholesale Corporation , Ecoideas , FINE JAPAN , Freedom Foods , Pureharvest , SunOpta , The Bridge , and Whole Foods Market .
Global Rice Milk Market 2017-2021 , has been prepared based on an in-depth market analysis with inputs from industry experts . This report covers the market landscape and its growth prospects over the coming years . The report also includes a discussion of the key vendors operating in this market .
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According to the report , one of the major drivers for this market is rising levels of lactose intolerance . Lactose intolerance is the inability of the body to digest significant amounts of lactose present in milk . Certain ethnic groups such as the Asian population are more affected compared to others . The demand for lactose-free food products is driven by an increase in incidences of food allergies and intolerances .
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry . The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors .
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The latest trend gaining momentum in the market is consumer focus shifting toward organic variants of rice milk . Organic products are mostly priced higher in comparison to the conventional products . The premium price is due to the comparatively high production and distribution costs as well as consumers ' willingness to pay extra for organic products . The extra " premium " cost associated with organic production is passed throughout the supply chain and at last paid by the end-consumer
Further , the report states that one of the key challenges facing the growth of the global rice milk market is the rising popularity of other non-dairy milks , especially almond milk and rice milk . The global almond milk was valued at $ 3.51 billion in 2015 and is expected to reach $ 7.2 billion in 2020 , growing at a CAGR of 15.45 % during 2015-2020 . Consumers prefer almond milk not only due to its taste but also owing to its functional properties of containing high amounts of vitamin E , calcium , magnesium , and potassium and almost no cholesterol .
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