September 25, 2023

The global packaged rice noodles market size is expected to gain momentum during the forecast period. This is attributable to the growing demand for gluten-free food products owing to the rising prevalence of celiac disease and the increasing consumption of organic food that drives the demand for packaged rice noodles globally. This information is published by Fortune Business Insights in its upcoming report, titled, “Packaged Rice Noodles Market Size, Share & Industry Analysis, By Source (White Rice, Brown Rice), By Distribution Channel (Supermarkets/Hypermarkets, Retail Store, Online Stores, Others) and Regional Forecast, 2023-2030.”

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List of the Companies Profiled in the Global Market for Packaged Rice Noodles:

  • Thaitan Foods International Co. Ltd.
  • Acecook Vietnam
  • Leong Guan Food Manufacturer
  • Thai President Foods
  • Thai Preserved Food Factory
  • Nissin Foods
  • Lotus Foods
  • Pot Noodles
  • Others

Packaged rice noodles are a type of noodles that mainly consists of rice and are known for their fibrous texture. They are an alternative choice over regular noodles and are produced using either whole-wheat products or red rice. Additionally, they are a great source of dietary fibers and provide the benefit of antioxidants when consumed. Owing to their several benefits, they are a highly preferred packaged food product across the globe.

What does the Report Include?

The market report includes a detailed assessment of various growth drivers and restraints, opportunities, and challenges that the market will face during the projected horizon. Additionally, the report provides a comprehensive research into the regional developments of the market, affecting its growth during the forecast period. It includes information sourced from the advice of expert professionals from the industry by our research analysts using several methodologies. The competitive landscape offers further detailed insights into strategies such as product launches, partnerships, merger and acquisition, and collaborations adopted by the companies to maintain market stronghold between 2020 and 2027.

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DRIVING FACTORS

Increasing Adoption of Gluten-free Food Products to Favor Growth

According to the statistics published by The University of Chicago Medicine, around three million Americans are affected by celiac disease. The high ingestion of gluten precipitates chronic autoimmune responses that affect multiple organ systems. The growing prevalence of the celiac disease is propelling the population to opt for a gluten-free diet. This is expected to favor the demand for packaged rice noodles that is nutritious and healthy. Additionally, the growing demand for organic food products is expected to bode well for the global packaged rice noodles market growth during the forecast period.

REGIONAL INSIGHTS

High Availability of Raw Materials in Asia-Pacific to Augment Growth

Among all the regions, Asia-Pacific is expected to showcase substantial growth in the global packaged rice noodles market during the forecast period. This growth is attributable to the high availability of raw materials in countries such as India, China, and Japan in the region.

The market in North America is expected to experience a considerable growth owing to the growing demand for gluten-free food products that is likely to boost the sales of new packaged rice noodles across retail stores in the region between 2020 and 2027.

COMPETITIVE LANDSCAPE

Major Companies Focus on Novel Product Launches to Amplify Their Market Positions

The global packaged rice noodles market is experiencing healthy competition amongst the companies that are focusing on maintaining their stronghold. They are doing so by introducing novel packaged rice noodles products to cater to the growing demand for healthy food products across the globe. Additionally, other key players are striving to strengthen their positions by adopting strategies such as collaboration, partnership, and merger and acquisition that are likely to contribute to the growth of the market during the forecast period.

Industry Development

  • October 2020 – KFC China announced the launch of ready-to-eat packaged food products that include Luosi rice noodles and fried chicken rice. The launch is expected to attract young consumers looking for quick snacking options.

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