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According to the latest report by IMARC Group, The global rice noodles market is expected to exhibit a CAGR of 14.3% during 2022-2027.
SHERIDAN, WYOMING, UNITED STATES, September 25, 2022 /EINPresswire.com/ -- According to the latest report by IMARC Group “Rice Noodles Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, The global rice noodles market is expected to exhibit a CAGR of 14.3% during 2022-2027.
Rice noodle is a translucent and thin noodle made using rice flour, water and salt. They can be thick or thin while including tapioca or corn starch to improve their gelatinous texture. Rice noodles are most commonly used in East and Southeast Asian cuisines and are available in fresh, frozen, or dried variants, in various shapes and thicknesses.
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The increasing popularity of traditional Asian cuisines represents one of the key factors driving the global rice noodles market growth. In line with this, the noodles are extensively used in the preparation of traditional Asian dishes, stir-fries, salads, soups, and noodle-based fusion dishes in hotels, cafes, and quick-serving restaurants (QSRs). Moreover, rising health consciousness is acting as another major growth-inducing factor as rice noodles are a rich source of essential vitamins and minerals that aid in improving digestion. Other factors, such as the launch of ready-to-eat (RTE) instant rice noodles in multiple flavors and the increasing adoption of a vegan diet among consumers, are creating a positive outlook for the market further.
Supermarkets and Hypermarkets Convenience Stores Online Stores Others
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 with Key Player:
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 Ying Yong Food Products.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry 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.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Elena Anderson IMARC Services Private Limited +1 631-791-1145 email us here
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