In order for our traditional rice cake industry to develop, the rice cake shop․ rice cake mill, which plays a leading role in the rice cake industry, must be activated. Therefore, this study investigated functional and economic value perception in purchase motive of purchasing rice cake. Therefore, this study aims to find out why consumers buy rice cakes from value standards, and to provide basic data useful for efficient marketing of Korean rice cake industrialization, traditional rice cake, and rice cake mill. The study subjects were 271 people in Seoul area. As a result of the reliability analysis of the questionnaire, Cronbach s alpha coefficient is .873, which indicates that the item can be trusted. And the value of the motive of purchasing rice cake product was perceived as a correlation between all variables. The satisfaction factor of rice cake product buyer was confirmed as .373, usefulness was .158 and rationality was .150. As a result, the influence of factors was found to be .368, .152, .143. In functional value, they prefer specialty rice cakes or cafes. In conclusion, perceived functional and economic value of rice cake products should affect purchase.