The global Senbei Rice Crackers Market Growth Accelerated by Increasing Health Consciousness
Senbei rice crackers are a type of Japanese rice cracker made with rice, salt, and baking soda. They are baked quickly at high temperatures to achieve a light, crisp texture. Senbei rice crackers offer consumers a convenient snack that is low in calories and fat. The nutritional profile and perceived health benefits of senbei rice crackers have driven their increasing popularity. The global senbei rice crackers market is estimated to be valued at US$ 7.74 Bn in 2023 and is expected to exhibit a CAGR of 8.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
Increasing health consciousness among consumers has been a major driver for the senbei rice crackers market. Consumers are more aware of the links between diet and health, and are seeking out convenient snacks that are low in calories and fat. Senbei rice crackers offer a better-for-you snack option compared to traditional chips and crackers. The perceived health halo of senbei rice crackers and focus on ingredients has supported their increasing consumption. Manufacturers have capitalized on this trend by promoting the nutritional profile and perceived wellness benefits of their products. This emphasis on health is expected to continue accelerating the growth of the senbei rice crackers market over the forecast period.
Segment Analysis
The global senbei rice crackers market is dominated by the traditional baked variety sub-segment. This is because baked senbei rice crackers are the most popular and commonly consumed form of the product across key regions. Baked senbei rice crackers account for over 60% of the overall market share as they offer a more authentic taste along with a crispy texture.
Key Takeaways
The Global Senbei Rice Crackers Market Growth is expected to witness high growth over the forecast period of 2023 to 2030. The market size is projected to reach US$ 13.86 billion by 2030, expanding at a CAGR of 8.0% during this period.
Regional analysis
The Asia Pacific region currently dominates the global senbei rice crackers market. Countries such as Japan, China and South Korea have been consuming rice crackers as a popular snack for decades. Availability of local flavors and cheaper raw materials have enabled key players to penetrate deeper into the Asia Pacific market. The region is estimated to account for over 70% of the overall senbei rice crackers consumption by 2030.
Key players
Key players operating in the senbei rice crackers market are Rubicon Technology Inc., KYOCERA Corporation, Saint-Gobain, SCHOTT AG, Monocrystal, Rayotek Scientific Inc., CRYSTALWISE TECHNOLOGY INC., ILJIN Display CO. Ltd, Namiki Precision Jewel Co., Ltd., Juropol Sp. z o.o. These leading companies are focusing on new product launches and expanding their geographical footprints through strategic collaborations to strengthen their positions in the market.
Get more insights on this topic: http://marketerefforts.weebly.com/home/senbei-rice-crackers-market-is-estimated-to-witness-high-growth-owing-to-opportunity-for-global-expansion
English
Arabic
Français
Español
Português
Deutsch
Türkçe
Italiano
Russian
Romaian