The Global Rice Noodles Market was $3.90 Bn in 2020, and it is expected to reach $16.1 Bn by 2030. It is eventually growing at a commendable high compound annual growth rate CAGR of 15.2% between 2020-2030. But due to the current pandemic there might be a slight difference in the growth rate in the present year. The main factor that will help to accelerate the growth of this market is its massive use in different cuisines. Besides this the increased preference for the organic and certified packaging rice noodles will also help to grow this market during the forecasted period.
Global Rice Noodles Market Is Estimated to Witness Remarkable Growth
Source: SAI Research
The Global Rice Noodles Market has been segmented into Type and Application. By Type – Fresh Rice Noodles, Dried Rice Noodles, Instant Rice Noodles. By Application – Home Usage, Commercial Usage. By Geography – North America, South America, Europe, Asia Pacific, Middle East and Asia.
By Region, Asia Pacific Is Holding the Major Market Share
The Global Rice Noodles Market has been geographically segmented into North America, South America, Europe, Asia Pacific, Middle East and Africa. In addition to this Asia Pacific Global Rice Noodles Market is holding the largest market share currently and is estimated to witness remarkable growth during the forecasted period. North America is also expected to witness remarkable growth during the forecasted period.
Major Players In Global Rice Noodles Market
Some of the major players in Global Rice Noodles Market include JFC International, American Roland Food Corp., Eskal, Nan Shing Hsinchu, Cali Food, Nature Soy, Mandarin Noodle Manufacturing, Ying Yong Food Products, J.D. Food Products, Leong Guan Food Manufacturer, Foodle Noodle, Lieng Tong, LandW Food Corp., Thai Preserved Food Factory, Thai Kitchen.
The Global Rice Noodles Market Has Been Segmented Into:
Global Rice Noodles Market, By Type
Global Rice Noodles Market, By Application
Global Rice Noodles Market, By Region