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.
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.
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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.
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