(Food-Beverage-News.Com, March 07, 2018 ) The Europe Rice Noodle Market was worth USD xx billion in 2017 and is projected to grow at a CAGR of xx%, to reach USD xx billion by 2022. 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 flavors 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.
The Rice Noodle market is segmented by type, distribution channel and region. Based on the type, the market is segmented into Chinese Style Rice Noodle, Western Style Rice Noodle and Others. 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. On the basis of distribution channel, the market is segmented into Supermarkets, Convenience Stores, Independent retailers and others. Supermarkets are expected to be the largest revenue generators for rice noodle market. On the basis of region, the Europe Rice Noodle market is segmented into U.K, Germany, France, Spain and Italy. Europe is expected to be the fastest growing segment due to the changing life styles and food habits of people in this region. Increasing adoption of Asian cuisine in European countries such as France and U.K is expected to drive the market growth.
Some of the major players in 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 and Acecook Vietnam.
Market Segmentation: 1) Type Introduction Chinese Style Rice Noodle Western Style Rice Noodle
2) Distribution Channel Introduction Supermarkets Convenience Stores Independent retailers
Scope of the Report: Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped Segment-level analysis in terms and forecasts and estimations to detect key areas of industry growth in detail Identification of key drivers, restraints, opportunities and challenges (DROC) in the market and their impact on shifting market dynamics Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analyzing the level of competition and business strategy development A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
About us: Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialties with competitive pricing options.
