Packaged Rice Noodles Market Growth, Size, Share, Trends, and Forecast 2032

Packaged Rice Noodles Market

Packaged Rice Noodles Market By Product type (rice vermicelli and rice stick), By Distribution channels (direct sales and indirect sales) And By Region: - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts, 2024-2032

Category: Food & Beverage Report Format : PDF Report Code: ZMR-4615 Status : Upcoming
Market Size in 2023 Market Forecast in 2032 Growth Rate (in %) Base Year
USD 5.06 Billion USD 17.18 Billion CAGR at 14.68% 2023

Description

According to the report published by Zion Market Research, the global Packaged Rice Noodles Market size was valued at USD 5.06 Billion in 2023 and is predicted to reach USD 17.18 Billion by the end of 2032. The market is expected to grow with a CAGR of 14.68% during the forecast period. The report analyzes the global Packaged Rice Noodles Market’s growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Packaged Rice Noodles Market industry.

Global Packaged Rice Noodles Market: Overview

Packaged rice noodles have become highly popular in Eastern and Southeast Asian regions as a result of their fibrous texture. These products are usually accompanied with sauces as well as seasonings. The variety of noodles is also available in fresh, dried, or frozen types along with a plethora of shapes, sizes, and width. 

Global Packaged Rice Noodles Market: Growth Factors

The massive use of the product in varied cuisines is likely to steer the growth of the packaged rice noodles market in the near future. Apart from this, escalating preference for organic as well as certified packaging rice noodles will culminate in the product demand across the globe. Additionally, easy availability of the product in many flavors along with the implementation of attractive labeling as well as effective marketing by the manufacturers will prompt the business growth in the years to come.

Moreover, knowledge of the health benefits derived due to the intake of the product among both the manufacturers as well as consumers will assist the market to flourish & prosper in the coming years. Apparently, growing occurrence of celiac ailment among the customers have prompted them to intake gluten-free foods like rice noodles and this has converted into huge sales of the packaged rice noodles, thereby driving the market expansion. Furthermore, the rise in the population having digestive disorders and weight-related issues has culminated into huge popularity of the packaged rice noodles. Apparently, high emphasis on intake of gluten-free nutritive diet across various demographics will expedite the product penetration across various markets across the globe.

Global Packaged Rice Noodles Market: Segmentation

The overall packaged rice noodles industry is segregated based on the product type and distribution channels.

Based on the product, the market for packaged rice noodles are sectored into rice vermicelli and rice stick.

On the basis of distribution channels, the industry is divided into direct sales and indirect sales.

Packaged Rice Noodles Market : Report Scope

Report Attributes Report Details
Report Name Packaged Rice Noodles Market Research Report
Market Size in 2023 USD 5.06 Billion
Market Forecast in 2032 USD 17.18 Billion
Growth Rate CAGR of 14.68%
Number of Pages 201
Key Companies Covered Acecook Vietnam, Nissin Foods, Leong Guan Food Manufacturer, Thaitan Foods International, Thai President Foods, and Thai Preserved Food Factory
Segments Covered By Product type, By Distribution channels and By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2023
Historical Year 2018 to 2022
Forecast Year 2024 - 2032
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Global Packaged Rice Noodles Market: Regional Analysis

Based on regions, the overall packaged rice noodles industry can be divided into five main regions: Europe, Asia Pacific, North America, Latin America, and the Middle East and Africa. Regionally, Europe and the Middle East and African regions are projected to make major contributions towards the overall market growth during the assessment period.

Moreover, the Asia Pacific region is projected to witness escalating demand for the products during the estimated timeline. This aspect is projected to drive the growth of the packaged rice noodles market in the coming years. Furthermore, the North American market has a huge untapped market growth potential due to the huge presence of the working population in countries like the U.S. and Canada.

Global Packaged Rice Noodles Market: Competitive Players

Key players involved in the packaged rice noodles business include:

  • Acecook Vietnam
  • Nissin Foods
  • Leong Guan Food Manufacturer
  • Thaitan Foods International
  • Thai President Foods
  • Thai Preserved Food Factory.

The Global Packaged Rice Noodles Market is segmented as follows:

By Product type 

  • rice vermicelli
  • rice stick

By Distribution channels 

  • direct sales
  • indirect sales

Global Packaged Rice Noodles Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • The UK
    • France
    • Germany
  • The Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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