The global demand for Packaged Rice Noodles Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
Rice noodles are prepared from rice flour, salt, water, and various optional ingredients. They are available frozen, fresh, or dried, in different thicknesses, shapes, and textures. They are most common in the cuisines of East, Southeast Asia, and South Asia. Packaged rice noodles are convenient, easy to cook, delicious, and nutritionally rich products. Rice noodles are packed in all packaging materials, including HDPE wrap, HDPE pouch, PET pouch, and nylon pouch.
Factors influencing the global market are the changing eating habits, the growing trend of ready to eat food, increasing love for Chinese dishes, and rising e-commerce penetration. Rice noodles are majorly consumed in Asia. Rice noodles are the traditional food for the Asians and are said to be the most popular form of rice products in South Asia. But steadily, sales and market share for rice noodles are increasing and expanding in many other countries, especially those in the European Community. European are now becoming so keen on trying new products and in diversifying their conventional diets. They include the increasing willingness of people to try new foods. However, the presence of superior substitutes such as wheat, maize, and potato noodles, restrain the growth of the market.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of packaged rice noodles.
The entire packaged rice noodles market has been sub-categorized into product and distribution channels. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Distribution Channels
- Rice Vermicelli
- Rice Stick
- Direct Sales
- Indirect Sales
This section covers regional segmentation which accentuates on current and future demand for packaged rice noodles market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Packaged Rice Noodles Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the packaged rice noodles market include Acecook Vietnam Joint Stock Co., Clearspring Ltd., itsu Ltd., Kikkoman Corp., Leong Guan Food Manufacturer Pte Ltd., Nissin Foods Holdings Co. Ltd., Orkla ASA, Thai Preserved Food Factory Co. Ltd., Thai President Foods Public Co. Ltd., Thaitan Foods International Co. Ltd. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.