What is Rice Noodles - Global Market?
The Rice Noodles - Global Market is a comprehensive study of the global market trends and consumption patterns of rice noodles. Rice noodles are a staple food in many Asian countries and are gaining popularity worldwide due to their health benefits and versatility in various cuisines. The global market for rice noodles was valued at US$ 1801.1 million in 2022. It is projected to reach US$ 2220.6 million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 3.0% from 2023 to 2029. This growth is driven by increasing consumer demand for healthy and convenient food options.
Fresh Rice Noodles, Dried Rice Noodles, Instant Rice Noodles in the Rice Noodles - Global Market:
Rice noodles come in various forms, including fresh, dried, and instant. Fresh rice noodles are made from rice flour and water and are typically used in traditional Asian dishes. Dried rice noodles, on the other hand, have a longer shelf life and are often used in soups and stir-fries. Instant rice noodles are pre-cooked and can be prepared in minutes, making them a popular choice for quick meals. The global leader supplier of rice noodles is Ng Fung, accounting for 1.3% of the global total revenue.
Home Usage, Commercial Usage in the Rice Noodles - Global Market:
The consumption of rice noodles is highest in the Asia-Pacific region, accounting for 62% of the global total. This is not surprising given that rice noodles are a staple food in many Asian countries. Europe, on the other hand, consumed 14% of the global total. This can be attributed to the growing popularity of Asian cuisine in Europe and the increasing demand for gluten-free food options.
Rice Noodles - Global Market Outlook:
Rice noodles are used in both home and commercial settings. At home, they are used in a variety of dishes, from soups and stir-fries to salads and desserts. In commercial settings, they are used in restaurants, cafes, and food stalls, among others. The versatility and convenience of rice noodles make them a popular choice in both home and commercial kitchens.
| Report Metric | Details |
| Report Name | Rice Noodles - Market |
| Forecasted market size in 2029 | US$ 2220.6 million |
| CAGR | 3.0% |
| Forecasted years | 2023 - 2029 |
| Global Rice Noodles market, by region: |
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| Global Rice Noodles market, Segment by Type: |
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| Global Rice Noodles market, by Application |
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| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
