Food & Beverages / Rice Noodles Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players - JFC International, American Roland Food Corp., Eskal, Nan Shing Hsinchu
Rice Noodles Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players - JFC International, American Roland Food Corp., Eskal, Nan Shing Hsinchu
Registering a CAGR of 3.7% over the forecast period, the market value of Rice Noodles is expected to reach US$ 1982.9 million in the year 2027.
Rice Noodles Market Overview
Significant growth in the food and beverage industry around the world is one of the key factors driving the market's positive outlook. Rice noodles are commonly served alongside other traditional Asian dishes such as stir-fries, salads, and soups in hotels, cafes, and quick-service restaurants. Furthermore, rising health consciousness among consumers is propelling the market growth. Rice noodles are made from rice bran and germ and thus contain a high concentration of essential vitamins and minerals that aid in digestion. Various product innovations, such as the introduction of ready-to-eat (RTE) instant rice noodles in a variety of flavors, are also fueling the market growth. Other factors, such as rising consumer spending power and the increasing adoption of vegan dietary patterns, are expected to propel the market forward.
The rising popularity of Asian cuisine has played a significant role in the market's expansion. Rice noodles have gained popularity in other parts of the world. Rice noodles are available in fresh, frozen, and dried forms and textures, making them suitable for people of all ages and ethnicities. The item's adaptability allows it to be used with a wide variety of foods, spices, and sauces, adding to its fame. The fact that it does not contain wheat flour and thus is naturally gluten-free, making it ideal for people with gluten sensitivity and celiac disease, is a critical factor driving the market growth.
Who are the Major Players in the Rice Noodles Market?
The global Rice Noodles includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include JFC International, American Roland Food Corp., Eskal, Nan Shing Hsinchu, Cali Food, Nature soy, Mandarin Noodle Manufacturing, Ying Yong Food Products, J.D. Food Products, Leong Guan Food Manufacturer, Foodle Noodle, Lieng tong, L&W Food Corp., Thai Prese, pot noodles, lotus foods and others.
Industry News and Updates:
April 2019--Pot Noodles has introduced the Street Style line of instant meals, which includes flavours like Vietnamese beef pho and Thai red curry. Rice flour is used to make the noodles.
March 2019--Lotus Foods has improved its popular Rice Ramen Noodle Soup Cups made with brown rice noodles (released in August 2018) with a newly designed microwaveable cup. The microwave-safe double-walled paper cup is made of high-quality paper.
What are the major Applications, Types, and Regions for the Rice Noodles Market?
The market is segmented based on the type, applications, companies, and regions.
By Type, it is segmented into
Thin noodles
Wide noodles
By Application, it is segmented into
Supermarkets/Hypermarkets
Food Service Outlets
Online Stores
Others
Rice Noodles Market Regional Analysis
Asia Pacific accounts for a sizable portion of the global packaged rice noodles market and is expected to grow rapidly in the coming years. The widespread cultivation and availability of raw material, namely rice, across the region, particularly in countries such as India, China, and Japan, is expected to create opportunities for market manufacturers. The emergence of numerous new companies in the packaged rice noodles industry as a result of the easy availability of raw materials and the increasing popularity of the product is expected to drive sales. Rising per capita income, combined with increasing urbanization and a growing youth population, is also expected to be a positive factor for market growth.
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
What is our Rice Noodles Market report scope?
Report Attributes
Report Details
Forecast Period 2022 to 2027 CAGR
CAGR of 3.7% over the forecast period (2022-2027)
By Type
Thin noodles
Wide noodles
By Application
Supermarkets/Hypermarkets
Food Service Outlets
Online Stores
Others
By Companies
JFC International, American Roland Food Corp., Eskal, Nan Shing Hsinchu, Cali Food, Nature soy, Mandarin Noodle Manufacturing, Ying Yong Food Products, J.D. Food Products, Leong Guan Food Manufacturer, Foodle Noodle, Lieng tong, L&W Food Corp., Thai Prese
Regions Covered
North America
Europe
Asia-Pacific
Rest of the World
Countries Covered
US
Canada
Germany
France
UK
Italy
Spain
Rest of Europe
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East & Africa
Latin America
Base Year
2022
Historical Year
2017 to 2021
Forecast Year
2022 to 2027
Number of Pages
116
Customization Available
Yes, the report can be customized as per your needs
Key Takeaways from this Rice Noodles Report
Evaluate Rice Noodles market potential through analyzing growth rates (CAGR %), Volume (Units), and Value ($M) data given at the country level - for product types, end-use applications, and different industries verticals.
Understand the different dynamics influencing the market - growth driving factors, specific challenges, and hidden opportunities.
Get in-depth insights on your competitor’s performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis, and more.
Analyze the sales and distribution channels across geographies to enhance top-line revenues.
Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies to your processes.
Get a quick outlook on the Rice Noodles market entropy – M&As, deals, partnerships, and product launches of all key players for the past 5 years.
Evaluate the import-export statistics, supply-demand, and competitive landscape for more than the top 20 countries globally for the market.
Frequently Asked Questions
What is the study period of this market?
The Rice Noodles Market is studied from 2017 - 2027.
What is the growth rate of the Rice Noodles Market?
The Rice Noodles Market is growing at a CAGR of 3.7% over the next 5 years.
Who are the key players in Rice Noodles Market?
JFC International, American Roland Food Corp., Eskal, Nan Shing Hsinchu, Cali Food, Nature soy, Mandarin Noodle Manufacturing, Ying Yong Food Products, J.D. Food Products, Leong Guan Food Manufacturer, Foodle Noodle, Lieng tong, L&W Food Corp., Thai Prese
What regions does this Rice Noodles Market report cover?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Rice Noodles Market?
Thin noodles, Wide noodles
What are the major end-use applications of Rice Noodles Market?
Supermarkets/Hypermarkets, Food Service Outlets, Online Stores, Others
All our reports are custom made to your company’s needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.