Rice Noodle Market Projected to Gain A Revolutionary Growth During 2020-2027 | Biggest Opportunity of 2020
A new business intelligence report released by Advance Market Analytics with title Global Rice Noodle Market Insights, forecast to 2027. This report provides a detailed overview of key factors in the Global Rice Noodle Market and factors such as driver, restraint, past and current trends, regulatory scenarios and technology development. A thorough analysis of these factors has been conducted to determine future growth prospects in the global market.
Key Players in This Report Include,
Liengtong Rice Vermicelli Co., Ltd. (Thailand)
Foodle Noodle Co., Ltd. (Thailand)
ACECOOK VIETNAM (Vietnam)
Leong Guan Food Manufacturer (Singapore)
Nissin Food Products Co., Ltd. (Japan)
Thai Preserved Food Factory Ltd. (Thailand)
Thai President Foods PCL (Thailand)
THAITAN FOOD INTERNATIONAL CO. LTD. (Thailand)
NATURE SOY, LLC (United States)
Mandarin Noodle Manufacturing (Canada)
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What is Rice Noodle?
Rice noodles, the noodles that are made from rice with help of main ingredients such as rice flour and water. Tapioca or corn starch is also added as an ingredient so to improve the transparency or improve the gelatinous & chewy texture of the noodles. These includes low salt, small amount of fats & some additives. Also known as rice sticks or rice vermicelli, these noodles are healthier alternative to other instant noodles such as potato starch, wheat flour, & cassava starch. Increasing disposable income along with rising inclination towards keeping healthy lifestyle has been the key factor driving the growth of global rice noodles market. Rice noodles are popular in Eastern & Southeast Asian cuisines owing to their chewy texture. They are usually supplemented with sauces and seasonings. These rice noodles are available in fresh, dried, or frozen forms, also in different shapes & thickness.
Latest news and Recent Development in Rice Noodle Market:
Thailand is a key market for rice noodles with the presence of a large number of manufacturers and consumers. Rising health concerns related to processed food & growing demand for authentic cuisine within the convenience food category are some of the key factors for the growth. From last few years, the government has taken strong initiatives to ensure that local manufacturers in the country can improve their distribution channels. These factors are likely to impel the demand for rice noodles in the Thailand market over the coming Years.
Report Metric | Details |
Market size available for years | 2018–2027 |
Base year considered | 2019 |
Forecast period | 2020-2027 |
Forecast units | Value (USD Million) |
Geographies covered | North America, Europe, Asia Pacific, Middle East & Africa, and South America |
Market Trend:
Growing Trend of Takeaways & Home Deliveries for Convenience Food Product
Market Drivers:
Changing Eating Consumers’ Preference Coupled With Growing Availability of the Product
Rising Use of Rice Noodles in Multiple Cuisines
Variety of Rice Noodles with Multiple Flavors Available In the Market
Increasing Disposable Income Along With Rising Inclination towards Keeping Healthy Lifestyle
Market Opportunities:
Growing Opportunities in Untapped Markets
Increasing Number of Asian Restaurants in Countries like Germany, United Kingdom, and France
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The manufacturing cost structure analysis of the market is based on the core chain structure, engineering process, raw materials and suppliers. The manufacturing plant has been developed for market needs and new technology development. In addition, Global Rice Noodle Market attractiveness according to country, end-user, and other measures is also provided, permitting the reader to gauge the most talented or commercial areas for investments. The report also provides a detailed synopsis of the competitive scenario, wherein complete business profiles of some of the prime companies in the market are included.
Microeconomic and macroeconomic factors which affect the Rice Noodle Market and its growth, both positive and negative, are also studied. The report features the impact of these factors on the on-going market throughout the mentioned forecast period. The upcoming changing trends, factors driving as well as restricting the growth of the market are mentioned.
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In the last section of the report, the companies responsible for increasing the sales in the Global Rice Noodle Market have been presented. These companies have been analyzed in terms of their manufacturing base, basic information, and competitors. In addition, the application and product type introduced by each of these companies also form a key part of this section of the report. The recent enhancements that took place in the global market and their influence on the future growth of the market have also been presented through this study.
Strategic Points Covered in Table of Content of Rice Noodle Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Rice Noodle market
Chapter 2: Exclusive Summary – the basic information of the Rice Noodle Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the Rice Noodle
Chapter 4: Presenting the Rice Noodle Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region 2014-2019
Chapter 6: Evaluating the leading manufacturers of the Rice Noodle market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 8& 9: Displaying the Appendix, Methodology and Data Source
What benefits does AMA research studies provides?
• Supporting company financial and cash flow planning
• Open up New Markets
• To Seize powerful market opportunities
• Key decision in planning and to further expand market share
• Identify Key Business Segments, Market proposition & Gap Analysis
• Assisting in allocating marketing investments
Data Sources & Methodology
The primary sources involve the industry experts from the Global Rice Noodle Market including the management organizations, processing organizations, analytics service providers of the industry’s value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.
In the extensive primary research process undertaken for this study, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company’s Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weightage.
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