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Global Rice Noodles Market 2021 Future Developments, Forecast (2021-2027)

December 22nd, 2021 10:08 AM

The global rice noodles market size was valued at USD 3.28 billion in 2020 and is expected to reach USD 8.3 billion growing at a compound annual growth rate (CAGR) of 14.2% from 2020 to 2027. The growing popularity of Asian cuisine has been playing a vital role in the growth of the market. Rice noodles have been gaining extreme popularity overseas. The availability of fresh, frozen and dried rice noodles in various shapes and excellent texture features make it suitable for people of different ages and ethnicities. The versatility of the item renders it compatible with a variety of ingredients, spices, and sauces, adding to its reputation. A significant factor benefitting the growth of the market is the fact that it does not contain wheat flour and thus makes it innately gluten-free, which makes it suitable for people with gluten intolerance and celiac disease. Rice noodles also provide a healthy alternative to yellow egg noodles and are thus preferred by vegan and vegetarians.

These products also form an excellent choice for people trying to lose or get control over their weight as these are filling and contain less than 100 calories per serving. The dried version is usually preferred over the pre-cooked versions as they contain oil to prevent the noodles from sticking. According to Meituan-Dianpings report released in 2017, over 600,000 Chinese fine dining restaurants have been witnessing remarkable growth overseas. Along with this, large and small eateries have served the Asian cuisine and included rice noodle dishes in their menu. Restaurants serving Cambodian, Burmese, Filipino, Indonesian, Lao, Malaysian, Thai, and Vietnamese cuisines have also been recording growing demand for rice noodles domestically and overseas. The Asian cuisine, which was regarded as delicious but cheap fast food, has revolutionized its image, and today’s diners can be seen considering it to be a highly valuable cuisine due to its complex taste, flavours, and health benefits.

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On the Basis of Type:
Fried Type
Non-fried Type

On the Basis of Application:
Individuals
Restaurant

On the Basis of Region:

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa (MEA)

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The Rice Noodles market in APAC is expected to hold a major market share during the forecast period as countries in APAC such as China, Japan, India, and South Korea have some of the largest manufacturing facilities wherein automation of manufacturing processes has been taken as the highest priority. Also, strong competition among consumer electronics companies in APAC is likely to boost the adoption of machine vision systems in the region. The growing awareness about and demand for high-quality and zero-defect products has fuelled the need for Rice Noodles in inspection-related applications in the manufacturing fields.

However, the outbreak of COVID-19 has significantly affected the manufacturing sector of APAC. As the neighbouring countries are linked to one another through trade relations and supply chain the entire region is affected with the outbreak of COVID-19 which will have a significant impact on the said market in this region for the forecast period.

TABLE OF CONTENTS

Chapter 1. Executive Summary

Chapter 2. Research Methodology

Chapter 3. Market Outlook

Chapter 4. COVID-19 Impact on Rice Noodles Market

Chapter 5. Global Rice Noodles Market Overview, By Application, 2015 – 2027(USD Million)

Chapter 6. Global Rice Noodles Market Overview, By Distribution Channel, 2015 – 2027(USD Million)

Chapter 7. Global Rice Noodles Market Overview, By Geography, 2015 – 2027(USD Million)

Chapter 8. North America Rice Noodles Market Overview, By Countries, 2015 – 2027(USD Million)

Chapter 9. Europe Rice Noodles Market Overview, By Countries, 2015 – 2027(USD Million)

Chapter 10. Asia Pacific Rice Noodles Market Overview, By Countries, 2015 – 2027 (USD Million)

Chapter 11. Middle East & Africa Rice Noodles Market Overview, By Countries, 2015 – 2027 (USD Million)

Chapter 12. South America Rice Noodles Market Overview, By Countries, 2015 – 2027 (USD Million)

Chapter 13. Competitive Landscape

Chapter 14. Key Vendor Analysis

Chapter 15. Rice Noodles Market Cost Analysis

Chapter 16. Sourcing Strategy and Downstream Buyers

Chapter 17. Marketing Strategy Analysis, Distributors/Traders

Chapter 18. Market Effect Factors Analysis

Chapter 19. Future Outlook of the Market

Reasons to Buy the Report:

  • Learn about the driving factors, affecting the market growth.
  • Imbibe the advancements and progress in the market during the forecast period.
  • Understand where the market opportunities lie.
  • Compare and evaluate various options affecting the market.
  • Pick up on the leading market players within the market.
  • Envision the restrictions and restrains that are likely to hamper the market.

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