Asia Pacific Rice Noodle Market is expected to be worth USD 3.06 billion in 2024 and is projected to grow at a CAGR of 4.5%, to reach USD 3.81 billion by 2029.
Rice noodles are made from rice with the primary ingredients being rice flour and water. Other ingredients such as tapioca and corn starch are added to improve the gelatinous nature and texture of the noodle. Rice Noodles are available in cuisines as fresh, frozen or dried form. Gluten free noodles are also made available for people who tend to be allergic to gluten. Like all the rice based products, rice noodles are rich in carbohydrates, almost negligible fat content and no additives. This makes rice noodles healthier than several fast foods available in the market. They can also be cooked with exotic flavours according to the need of the consumer. Largely expanded distribution channels to serve the needs of growing consumer needs, increasing population and availability of the products in urban and in some rural sectors are expected to drive the rice noodle market. Increasing demand for rice products and innovation in products are also expected to drive the market. Less popularity in developed countries and presence high carbohydrate content in rice products are inhibiting the growth of the market.
This Research Report on Asia Pacific Rice Noodle Market is segmented, and sub segmented into following categories
Asia Pacific Rice Noodle Market By Type
Chinese Style Rice Noodle is expected to hold the largest market share and is also expected to be the fastest growing market segment. This is due to the huge demand and population base for Chinese style rice noodles.
Asia Pacific Rice Noodle Market By Distribution Channel
Supermarkets are expected to be the largest revenue generators for rice noodle market.
Asia Pacific Rice Noodle Market geographical Analysis
On the basis of region, the Asia Pacific Rice Noodle market is segmented into China, India, Japan, Australia and South Korea. China holds the largest market share in rice noodle market. As rice is the primary source of food in countries such as India, Japan, Thailand and Indonesia, rice based products are largely consumed.
KEY PLAYERS IN ASIA PACIFIC RICE NOODLE MARKET
Key Players In Asia Pacific Rice Noodle Market Are Mandarin Noodle Manufacturing, Nan Shing Hsinchu, Ying Yong Food Products, JFC International, Nature soy, Leong Guan Food, Manufacturer, Nissin Foods, President Rice Products, Acecook Vietnam.
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