The rice noodles market in APAC to grow at a CAGR of 5.11% during the period 2017-2021. One trend in the market is variety of flavors available in rice noodles.
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As taste is an important parameter for consumers to judge a brand, players are increasingly concentrating on possibilities to enhance the flavor of their product offerings.
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The variety of flavors in noodles is gradually becoming popular among consumers, and currently, many players are offering rice noodles with varied flavors.”
Major players in the rice noodles market in APAC: Leong Guan Food Manufacturer, NISSIN FOODS, President Rice Products, THAITAN FOODS INTERNATIONAL, and THAI PRESERVED FOOD FACTORY, ACECOOK VIETNAM, BICH CHI FOOD JOINT STOCK COMPANY, J.D. Food Products (Kin Dee), MTR Foods, NONGSHIM, Penang Ah Lai White Curry Noodle, PT INDOFOOD SUKSES MAKMUR, Roland Foods, SA GIANG, The Kraft Heinz Company, Trident, VIFON (VIETNAM FOOD INDUSTRIES JOINT STOCK COMPANY), Win Chance Foods (Thasia), and Ying Yong Food Products.
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According to the rice noodles market report, one driver in the market is increasing demand for gluten-free products in APAC. The gluten-free food market is gradually increasing in APAC countries such as China and Australia owing to the increase in the number of health-conscious people and the rise in awareness about celiac diseases.
There is no medication available currently to treat this disease, and the only way to avoid it is to switch to a gluten-free diet. Likewise, other factors such as the increase in the number of digestive health problems, weight management issues, and increasing requirement for nutritious food are propelling the demand for gluten-free food items.
Further, the rice noodles market report states that one challenge in the market is increasing launches of other varieties of noodles in APAC. The rice noodles market in APAC is increasingly facing challenges due to the large number of launches of other noodle varieties within the region.
For instance, in 2017, Nestlé India launched MAGGI Masalas of India Noodles range with flavors like Amritsari Achari Masala Noodles, Mumbaiya Chatak Masala, Super Chennai Masala Noodles, and Bengali Jhaal Masala Noodles. In 2016, the company launched a new sub-brand of Maggi instant noodles, called Maggi Hot Heads, in four new flavors like peri, barbeque pepper, chili chicken, and green chili.
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Few Points from List of Exhibits:
Exhibit 1: Rice Noodle Market In Apac In Global Noodle Market 2016
Exhibit 2: Conventional Rice Noodle Manufacturing Process
Exhibit 3: Global Noodle Market In 2016 ($ Billions)
Exhibit 4: Market Characteristics
Exhibit 5: Market Segments
Exhibit 6: Market Definition: Inclusions and Exclusions Checklist
Exhibit 7: Attributes That Consumers In Apac Focus On While Selecting Rice Noodles
Exhibit 8: Rice Noodle Market In Apac 2016-2021 ($ Millions)
Exhibit 9: Global - Year-Over-Year Growth 2017-2021 (%)
Exhibit 10: Five Forces Analysis
Exhibit 11: Product Type - Market Share 2016-2021 (%)
Exhibit 12: Comparison By Product Type
Exhibit 13: Rice Vermicelli Market In Apac 2016-2021 ($ Millions)
Exhibit 14: Rice Vermicelli Market In Apac - Year-Over-Year Growth 2017-2021 (%)
Exhibit 15: Rice Vermicelli Market In Apac 2016-2021 ($ Millions)
Exhibit 16: Rice Stick and Other Rice Noodle Varieties Market In Apac - Year-Over-Year Growth 2017-2021 (%)
Exhibit 17: Market Opportunity By Product Type
Exhibit 18: Product Type - Market Share 2016-2021 (%)
Exhibit 19: Comparison By Product Type
Exhibit 20: Retail Distribution Channel For Rice Noodles In 2016 (%)
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