Rice Noodles Market Size, Share, Growth, Analysis 2021-2026

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Rice Noodles Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global rice noodles market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 7% during the forecast period (2021-2026). Rice noodle is a thin and translucent noodle made using rice flour and water. It also includes tapioca or corn starch to improve the transparency and gelatinous texture of the noodle. The noodles are usually presoaked and boiled in water to be used as the main ingredient for a noodle dish or are deep-fat fried into crispy strands to complement salads. They are further seasoned with herbs, spices and oils to obtain the desired flavor and are commonly available in fresh, frozen and dried variants, in numerous shapes, thicknesses and textures. Rice noodles are also a rich source of antioxidants, magnesium and selenium that can minimize the risks of developing cancer, cardiovascular diseases and other chronic ailments.

Significant growth in the food and beverage industry across the globe is one of the key factors creating a positive outlook for the market. Rice noodles are widely prepared with other traditional Asian dishes, along with stir-fries, salads and soups in hotels, cafes and quick serving restaurants (QSRs). Furthermore, rising health consciousness among the consumers is providing a thrust to the market growth. Rice noodles are manufactured using bran and germ of the rice and are thus a rich source of essential vitamins and minerals that aid in improving digestion. Various product innovations, such as the launch of ready-to-eat (RTE) instant rice noodles in a variety of flavors, are also contributing to the market growth. Other factors, including rising expenditure capacities of the consumers, along with the increasing adoption of vegan dietary patterns, are anticipated to drive the market toward growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global rice noodles market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, cooking method, product and distribution channel.

Breakup by Cooking Method:

Instant
Conventional

Breakup by Product:

Vermicelli
Stick
Wide
Others

Breakup by Distribution Channel:

Supermarkets and Hypermarkets
Convenience Stores
Online Stores
Others

Breakup by Region:

North America
- United States
- Canada
Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
Latin America
- Brazil
- Mexico
- Others
Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Annie Chun’s Inc. (CJ CheilJedang), JFC International Inc. (Kikkoman), Lotus Foods Inc., McCormick & Company Inc., Nasoya Foods USA LLC (Pulmuone Foods Co. Ltd.), Natural Earth Products Inc., Nona Lim LLC., Nongshim Co. Ltd., Roland Foods LLC, Thai President Foods Public Company Limited and Ying Yong Food Products.

Key Questions Answered in This Report:

How has the global rice noodles market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global rice noodles market?
What are the key regional markets?
What is the breakup of the market based on the cooking method?
What is the breakup of the market based on the product?
What is the breakup of the market based on the distribution channel?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global rice noodles market and who are the key players?
What is the degree of competition in the industry?