Market Overview:
The global packaged rice noodles market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The growth in the market can be attributed to factors such as rising demand for convenience food, changing lifestyle and growing awareness about health benefits of consuming rice noodles. Asia Pacific is expected to dominate the global packaged rice noodles market during the forecast period owing to high population density and rising disposable income in countries such as China and India. North America is expected to be the fastest growing region during the forecast period owing to increasing demand for healthy food products among consumers in this region.
Product Definition:
Packaged rice noodles are a type of noodle made from rice flour. They are typically sold dried and can be cooked by boiling or steaming. Rice noodles are popular in Southeast Asian cuisine, where they are often used in stir-fries, soups, or salads.
Rice Vermicelli:
Rice vermicelli, also known as rice stick or rice threads, is a type of dried noodles. It has thin walls and is slightly longer than the width of a human hair. Vermicelli can be used in stir-fries as well as in soups and can even be consumed on their own if they are fresh (unlike other types of dried noodles).
Rice Stick:
Rice stick is a by-product obtained during the process of rice milling. It has high moisture content and acts as an excellent carrier for flavors and ingredients. The product is used in making various products such as candies, chocolates, cookies, instant dry noodles (noodles), breakfast cereals among others.
Application Insights:
Offline retail accounted for more than 70.0% of the global market share in 2017 and is expected to continue its dominance over the forecast period. Offline retailers use various strategies, such as door-step delivery, home delivery, and collect at store to serve a larger area within a city or town. This method helps in avoiding online frauds that may occur due to internet fraudsters' ability to impersonate online vendors through forged websites or stolen credit card data.
Online sales are expected register notable growth during the forecast period owing to growing e-commerce industry across developing countries such as China and India which has resulted in increased product penetration into daily meals of consumers across both regions.
Regional Analysis:
Asia Pacific is expected to be the largest and fastest-growing regional market over the forecast period. The growth of this region can be attributed to increasing disposable income, changing lifestyles, and rising demand for packaged food products. Asia Pacific has been witnessing a shift from traditional foods toward processed & packaged ones due to growing urbanization & changing lifestyle of consumers. This trend will continue driving the global market in near future.
North America is projected to witness significant growth over the next eight years owing to increasing health concerns among consumers regarding ingredients used in preparing noodles as well as pasta products, such as wheat and gluten-based flour which are majorly used for making noodles/noodles dishes across various countries including U.S., Canada, Mexico etc.
Growth Factors:
- Increasing demand for convenience food: The growing trend of busy lifestyles has led to an increase in the demand for convenient food options, such as packaged rice noodles.
- Rising disposable income: A rise in disposable income has resulted in an increase in spending on premium and convenience foods, including packaged rice noodles.
- Growing popularity of Asian cuisine: The increasing popularity of Asian cuisine is driving the demand for packaged rice noodles as they are a key ingredient in many popular dishes from this region.
- Proliferation of quick service restaurants (QSRs): QSRs are increasingly offering packaged rice noodle dishes as part of their menus, which is contributing to the growth of this market segment.
Scope Of The Report
Report Attributes
Report Details
Report Title
Packaged Rice Noodles Market Research Report
By Type
Rice Vermicelli, Rice Stick,
By Application
Online Sales, Offline Retail,
By Companies
Acecook Vietnam, Nissin Foods, Leong Guan Food Manufacturer, Thaitan Foods International, Thai President Foods, Thai Preserved Food Factory
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Packaged Rice Noodles Market Report Segments:
The global Packaged Rice Noodles market is segmented on the basis of:
Types
Rice Vermicelli, Rice Stick,
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Online Sales, Offline Retail,
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Acecook Vietnam
- Nissin Foods
- Leong Guan Food Manufacturer
- Thaitan Foods International
- Thai President Foods
- Thai Preserved Food Factory
Highlights of The Packaged Rice Noodles Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Rice Vermicelli
- Rice Stick
- By Application:
- Online Sales
- Offline Retail
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Packaged Rice Noodles Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Packaged rice noodles are pre-packaged, dried noodles that come in a variety of flavors and shapes. They are often sold in boxes or bags and can be used as an alternative to fresh noodles.
Some of the major players in the packaged rice noodles market are Acecook Vietnam, Nissin Foods, Leong Guan Food Manufacturer, Thaitan Foods International, Thai President Foods, Thai Preserved Food Factory.
The packaged rice noodles market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Packaged Rice Noodles Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Packaged Rice Noodles Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Packaged Rice Noodles Market - Supply Chain
4.5. Global Packaged Rice Noodles Market Forecast
4.5.1. Packaged Rice Noodles Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Packaged Rice Noodles Market Size (000 Units) and Y-o-Y Growth
4.5.3. Packaged Rice Noodles Market Absolute $ Opportunity
5. Global Packaged Rice Noodles Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Packaged Rice Noodles Market Size and Volume Forecast by Type
5.3.1. Rice Vermicelli
5.3.2. Rice Stick
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Packaged Rice Noodles Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Packaged Rice Noodles Market Size and Volume Forecast by Application
6.3.1. Online Sales
6.3.2. Offline Retail
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Packaged Rice Noodles Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Packaged Rice Noodles Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Packaged Rice Noodles Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Packaged Rice Noodles Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Packaged Rice Noodles Demand Share Forecast, 2019-2026
9. North America Packaged Rice Noodles Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Packaged Rice Noodles Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Packaged Rice Noodles Market Size and Volume Forecast by Application
9.4.1. Online Sales
9.4.2. Offline Retail
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Packaged Rice Noodles Market Size and Volume Forecast by Type
9.7.1. Rice Vermicelli
9.7.2. Rice Stick
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Packaged Rice Noodles Demand Share Forecast, 2019-2026
10. Latin America Packaged Rice Noodles Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Packaged Rice Noodles Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Packaged Rice Noodles Market Size and Volume Forecast by Application
10.4.1. Online Sales
10.4.2. Offline Retail
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Packaged Rice Noodles Market Size and Volume Forecast by Type
10.7.1. Rice Vermicelli
10.7.2. Rice Stick
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Packaged Rice Noodles Demand Share Forecast, 2019-2026
11. Europe Packaged Rice Noodles Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Packaged Rice Noodles Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Packaged Rice Noodles Market Size and Volume Forecast by Application
11.4.1. Online Sales
11.4.2. Offline Retail
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Packaged Rice Noodles Market Size and Volume Forecast by Type
11.7.1. Rice Vermicelli
11.7.2. Rice Stick
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Aalysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Packaged Rice Noodles Demand Share, 2019-2026
12. Asia Pacific Packaged Rice Noodles Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Packaged Rice Noodles Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Packaged Rice Noodles Market Size and Volume Forecast by Application
12.4.1. Online Sales
12.4.2. Offline Retail
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Packaged Rice Noodles Market Size and Volume Forecast by Type
12.7.1. Rice Vermicelli
12.7.2. Rice Stick
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Packaged Rice Noodles Demand Share, 2019-2026
13. Middle East & Africa Packaged Rice Noodles Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Packaged Rice Noodles Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Packaged Rice Noodles Market Size and Volume Forecast by Application
13.4.1. Online Sales
13.4.2. Offline Retail
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Packaged Rice Noodles Market Size and Volume Forecast by Type
13.7.1. Rice Vermicelli
13.7.2. Rice Stick
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Packaged Rice Noodles Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Packaged Rice Noodles Market: Market Share Analysis
14.2. Packaged Rice Noodles Distributors and Customers
14.3. Packaged Rice Noodles Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Acecook Vietnam
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Nissin Foods
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Leong Guan Food Manufacturer
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Thaitan Foods International
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Thai President Foods
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Thai Preserved Food Factory
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
