About Packaged Rice Noodles
The packaged rice noodles are hugely popular in Asian cuisines accompanied by sauces and seasonings. They are available in a wide variety made of different types of rice, with different shapes and thicknesses. The demand for packaged rice noodles is expected to witness the slow growth with the current economic situation, the market is driven by the health consciousness in people as they are gluten-free.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Acecook (Vietnam), Leong Guan Food Manufacturer (Singapore), Nissin Foods Co. Ltd. (Japan), Thaitan Foods International Co. Ltd. (Thailand), Thai Preserved Food Factory, Co., Ltd (Wai Wai Noodles) (Thailand), Foodle Noodle Co. Ltd. (Thailand), Mandarin Noodle Manufacturing Co. Ltd. (Canada), J.D. Food Products Co., Ltd. (Thailand) and Nature Soy, LLC (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Packaged Rice Noodles market by Type (Rice Vermicelli and Rice Stick) and Region.
On the basis of geography, the market of Packaged Rice Noodles has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Supermarket will boost the Packaged Rice Noodles market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Form, the sub-segment i.e. Dried Rice Noodles will boost the Packaged Rice Noodles market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Rice, the sub-segment i.e. White will boost the Packaged Rice Noodles market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The Availability of Packaged Rice Noodles in Various Flavours Made of Different Type of Rice
Market Growth Drivers:
Growing Health Awareness Around the Globe, Changing Food Habits of People and Increasing Consumption of Light Food Products
Challenges:
High Cost Associated with Packaged Rice Noodles
Restraints:
Allergy-Related Issues with Packaged Rice Noodles
Opportunities:
E-commerce Availability of Packaged Rice Noodles
On 1st April 2020, Wai Wai maker CG Foods has revised the packaging of its instant noodles in the wake of Covid-19 outbreak in the country. The new packs of the instant noodle brand carry a dedicated space to propagate the agenda of WHO-led hand wash program amidst the novel coronavirus pandemic. The brand has printed and distributed about 50 crore packets in India and 200 crore packets in South Asia with the hand hygiene message. The message has been printed both in English and Hindi for inclusivity.
Key Target Audience
Packaged Rice Noodles Manufacturers, Packaged Rice Noodles International Traders, Packaged Rice Noodles Distributors and Suppliers, Potential Investors, Research and Development Institutes, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.