Low Calorie Rice Pudding: Market Outlook
Low calorie rice pudding is popular among health conscious consumers. In many region rice pudding is made on occasions such as festivals, birthdays and other special occasions. Increasing availability of product variants and increasing food outlets will drive the low-calorie rice pudding market during forecast period.
Low calorie rice pudding is made from rice, sugar, milk, eggs etc. Low calorie rice pudding has nutritional benefit it includes 10 grams of protein and 15% of bone building calcium per cup.
Rice pudding can be made by using brown rice which has less fiber and it is easy to digest. If a person is lactose intolerant, cow milk can be substituted by using plant-based milk such as almond, coconut, or soy milk, it will make the pudding delicious and healthy as well.
Increasing demand for health-conscious diet and changing preference of consumer is one of the major factor to drive the low calorie rice pudding market globally. Additionally, and introduction of new flavor and variants in the product boost the low-calorie rice pudding market.
Growing trend of having dessert after meals will also fuel the low-calorie rice pudding market. The demand for low-calorie rice pudding is increasing as it is preferred by health-conscious and younger population. The increasing problem of obesity and chronic diseases is one of the key drivers for low-calorie rice pudding market.
Now a day, consumers are inclined towards the nutritional content of low calorie and low fat pudding without compromising with the taste and texture. Moreover, the flavors added to the rice pudding as per the preference of consumers, these factors helping the growth of low calorie rice pudding market and is predicted to grow in the forecast period.
Large chunk of population consists of millennials that drives the customer market toward fast development and growth. Millennials show their inclination for new product offerings and inclined towards new product launch in the market.
This is one of the key factors which is growing the popularity of low-calorie rice pudding. Digital and media interaction is one of the key platforms for low-calorie rice pudding manufacturer to market their products effectively. The millennial likely to try or buy an innovative product. These are one of the major factors of millennial demographics that is rising the demand of low calorie rice pudding across the globe.
Increasing Trend of Online Retailing and Increasing Awareness of Low Calorie Rice Pudding is driving the Market
Over the years, online retailing has become very popular across the globe because it captures mass audience. Online retailing is valued and well recognized by the manufacturers of low calorie rice pudding because of its evolution of complete online website to a profitable mode of direct sale of product.
Due to rapid shift of online shopping from convenient store shopping is anticipated to boost the online retailing. Multiple choice, easy availability and save time is gaining traction of e-commerce platform among young and working professionals.
Moreover, tie ups with big online retail sites, the manufacturer of low calorie rice pudding is also making their online apps and website to gain more share in the global market and contact directly with their buyers. Online retailing will gain more benefits to low-calorie rice pudding manufacturer, as profits made through offline sale channel is estimated to decline.
Increasing awareness of consumers towards their healthy food diet will boost the market. With the increasing demand for natural and ready-to-eat snacks, consumers will eat low calorie rice pudding. Low-calorie rice pudding is gluten free and no preservatives are added.
Increasing trend of plant-based and vegan food ingredients, it is estimated that the market for low calorie rice pudding will increase in the forecast period. Rice pudding can be made from soy, coconut, or almond milk which can easily substitute cow milk and it can be enjoyed by the vegan population also.
The almond milk rice pudding is an easy recipe in the Middle East and it is gluten-free, dairy-free, and egg-free. This rice pudding makes a low-calorie dessert that is suitable for vegans.
The rising adoption of natural products by consumers towards their health consciousness is estimated to drive the market for low-calorie rice pudding. It also helps in treating health issues due to easy digestion and absorption in the human body.
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Low Calorie Rice Pudding: Key Players
Some of the key players operating in the global low calorie rice pudding are as follows-
- Dr. Oetker
- Kozy Shack
and many more.
Many manufactures of pudding are moving towards product innovation by introducing new product variants in the existing product line, or by acquiring other companies which is already in the same market or they are expanding their geographical boundaries by opening their new plants.
- In 2018, SunTropics has launched new gluten and dairy-free coconut milk base pudding in 4 new flavors classic cocoa, original, sea salt caramel and cinnamon. It does not require refrigeration, this pudding stand out as the dairy free option in the pudding snack cups.
- In 2020, Hannaford announced a partnership with Instacart to offer same day delivery to all nearby store locations. With this partnership, Hannaford is expanding the way for customers across New York and England to order food products and essentials, delivery directly from store to their door step in an hour.
Low Calorie Rice Pudding: Regional Analysis
North America is the largest market owing to the rising demand for low calorie rice pudding in the market. United State holds the largest market share in the region of North America. Increasing health consciousness among consumers and changing lifestyle is boosting the market for low calorie rice pudding.
Many companies in United State are spending extensively to improve the storage facilities and shelf life of product, which is estimated to have positive effect on low calorie rice pudding industry in forecast period. Manufacturers are spending on research and development of new flavors of low calorie rice pudding to gain a competitive edge over existing companies and induce more customer base.
Asia Pacific is estimated to emerge as a fast growing regional market during forecast period. The important market in Asia Pacific region is Thailand followed by China because of high demand for natural and ready to eat product. Current growth in industry, producers can spend in new product development and can add new product to portfolio as per the shifting demand of consumer in the coming years.
The research report presents a comprehensive assessment of the low calorie rice pudding market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as application, product type, form, nature and sales channel.
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The report covers exhaustive analysis on:
- Low calorie rice pudding market Segments
- Low calorie rice pudding market Dynamics
- Low calorie rice pudding market Size
- Low calorie rice pudding Supply and Demand
- Current Trends/Issues/Challenges pertaining to low calorie rice pudding market
- Competition Landscape and Emerging Market Participants in low calorie rice pudding market
- Technology related to Production/Processing of low calorie rice pudding.
- Value Chain Analysis of the low calorie rice pudding.
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil)
- Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
- East Asia (China, Japan, South Korea)
- South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
- Oceania (Australia, New Zealand)
- Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
An Adaptive Approach to Modern-day Research Needs
- Detailed overview of parent market
- Changing dynamics of the low calorie rice pudding market in the industry
- In-depth market segmentation and analysis
- Historical, current, and projected market size in terms of volume and value
- Recent industry trends and developments in low calorie rice pudding market
- Competitive landscape of the low calorie rice pudding market.
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective low calorie rice pudding market performance
- Must-have information for low calorie rice pudding market players to sustain and enhance their market footprint.
Low Calorie Rice pudding: Market Segmentation
On the basis of nature, the global low calorie rice pudding market can be segmented as:
On the basis of packaging, the global low calorie rice pudding market can be segmented as:
On the basis of distribution channel, the global low calorie rice pudding market can be segmented as:
- Convenience Stores
- Specialty Stores
- Online Retail
On the basis of source, the global low calorie rice pudding market can be segmented as:
- Plant based
- Brown rice
- Soya milk
- Maple syrup
- Almond milk
- Animal base
- Plant based
NOTE: All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of FACT.MR.
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