Rice Milk Market
The market for Rice Milk was estimated at $317 million in 2025; it is anticipated to increase to $431 million by 2030, with projections indicating growth to around $584 million by 2035.
Global Rice Milk Market Outlook
Revenue, 2025
Forecast, 2035
CAGR, 2026 - 2035
The Rice Milk industry revenue is expected to be around $317.2 million in 2026 and expected to showcase growth with 6.3% CAGR between 2026 and 2035. Building on this outlook, Rice Milk has evolved into a core segment of the global plant-based milk and non-dairy beverages landscape, supported by rising lactose intolerance awareness, the rapid expansion of vegan and flexitarian diets, and consumer preference for clean label, allergen-friendly products. Household and HoReCa end-users together account for 83.3% of Rice Milk consumption, highlighting its entrenched role in both at-home nutrition and out-of-home foodservice offerings. Manufacturers are leveraging advances in food processing and fortification technologies to improve taste, texture, and nutritional value, reinforcing Rice Milk as a credible dairy-free alternative in the broader plant-based dairy alternatives market. Within the product mix, the dominance of White Rice Milk form, which generated $235.37 million in sales in 2025, underscores strong consumer preference for familiar, versatile formulations that integrate easily into everyday recipes and beverages.
Rice Milk is a plant-based dairy substitute produced by blending milled rice with water and enzymes to create a naturally sweet, cholesterol-free, and lactose-free milk alternative that is often gluten-free and low in allergens. It is widely used as a ready-to-drink vegan beverage, as a base for smoothies and cereal, and as a dairy replacement in cooking, baking, and barista-style coffee applications across Household and HoReCa channels. Modern Rice Milk portfolios increasingly feature organic and fortified variants enriched with calcium and vitamins to bridge nutritional gaps versus cow’s milk while addressing demand for functional, health-oriented drinks. Recent market trends include the launch of flavored and unsweetened SKUs, innovations in shelf-stable and chilled formats, a shift toward sustainable packaging, and the rise of premium, clean label Rice Milk positioned as a gentle, eco-conscious solution within the broader plant-based milk category.
Market Key Insights
The Rice Milk market is projected to grow from $317.2 million in 2025 to $584 million in 2035. This represents a CAGR of 6.3%, reflecting rising demand across Plant-Based Beverages, Cereal Ingredient, and Baking and Confectionery.
Vitasoy Australia Products Pty, WhiteWave Foods, and SunOpta Inc. are among the leading players in this market, shaping its competitive landscape.
U.S. and China are the top markets within the Rice Milk market and are expected to observe the growth CAGR of 4.1% to 6.0% between 2025 and 2030.
Emerging markets including Indonesia, Philippines and Vietnam are expected to observe highest growth with CAGR ranging between 7.2% to 8.7%.
Transition like Health Consciousness Shift has greater influence in United States and China market's value chain; and is expected to add $11 million of additional value to Rice Milk industry revenue by 2030.
The Rice Milk market is set to add $267 million between 2025 and 2035, with manufacturer targeting Industrial & Household Application projected to gain a larger market share.
With
rising veganism, and
Health and Wellness Trend, Rice Milk market to expand 84% between 2025 and 2035.
Opportunities in the Rice Milk
Growth Opportunities in North America and Asia-Pacific
Market Dynamics and Supply Chain
Driver: Rising Consumer Demand for Healthier Lifestyles and Dairy‑Free Alternatives
Restraint: High Production Costs and Price Sensitivity Restrict Consumer Adoption and Market Growth
Opportunity: Fortified rice milk powders for diabetic and elderly consumers in India and Plant-based barista rice milk adoption in specialty cafés across Canada
Challenge: Nutritional Perceptions and Intense Competition from Other Plant Milks Dampen Demand
Supply Chain Landscape
Rice Milk Sourcing
Plant-based Milling
Rice Milk Processing
Dairy-free End-users
Rice Milk Sourcing
Plant-based Milling
Rice Milk Processing
Dairy-free End-users
Use Cases of Rice Milk in Plant-Based Beverages & Baking
Recent Developments
Recent developments in the rice milk market reflect stronger consumer demand for plant‑based dairy alternatives and improved product innovation. Manufacturers are focusing on enhanced functional ingredients, such as fortified nutrients and better texture through advanced processing, to compete with soy and oat milk. A key market trend is rising adoption in ready‑to‑drink beverages and clean‑label formulations, driven by health‑conscious and allergen‑aware buyers. Sustainability efforts and efficient manufacturing technologies are also shaping the competitive landscape and long‑term growth dynamics.