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COVID-19 Impact and Recovery Analysis | Rice Noodles Market 2020-2024 | Increasing Demand for Gluten-Free Products In APAC to Boost Growth | Technavio

LONDON--(BUSINESS WIRE)--#RiceNoodlesMarket--Technavio has been monitoring the rice noodles market and it is poised to grow by USD 855.18 million during 2020-2024, progressing at a CAGR of over 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.


Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Acecook Vietnam Joint Stock Co., Kikkoman Corp., Leong Guan Food Manufacturer Pte Ltd., Manassen Foods, NISSIN FOODS HOLDINGS Co. Ltd., PT INDOFOOD SUKSES MAKMUR Tbk, Thai President Foods Public Co. Ltd., THAITAN FOODS INTERNATIONAL Co. Ltd., The Kraft Heinz Co., and Vietnam Food Industries Joint Stock Co. are some of the major market participants. The increasing demand for gluten-free products in APAC will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Increasing demand for gluten-free products in APAC has been instrumental in driving the growth of the market.

Rice Noodles Market 2020-2024: Segmentation

Rice Noodles Market is segmented as below:

  • Product

    • Rice Vermicelli
    • Rice Stick
    • Others
  • Geography

    • China
    • Thailand
    • Vietnam
    • Indonesia
    • Rest Of APAC
  • End-user

    • Retail
    • Foodservice

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Rice Noodles Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our rice noodles market report covers the following areas:

  • Rice Noodles Market Size
  • Rice Noodles Market Trends
  • Rice Noodles Market Industry Analysis

This study identifies rise in product launches as one of the prime reasons driving the rice noodles market growth during the next few years.

Rice Noodles Market 2020-2024: Vendor Analysis

We provide a detailed analysis of vendors operating in the rice noodles market, including some of the vendors such as Acecook Vietnam Joint Stock Co., Kikkoman Corp., Leong Guan Food Manufacturer Pte Ltd., Manassen Foods, NISSIN FOODS HOLDINGS Co. Ltd., PT INDOFOOD SUKSES MAKMUR Tbk, Thai President Foods Public Co. Ltd., THAITAN FOODS INTERNATIONAL Co. Ltd., The Kraft Heinz Co., and Vietnam Food Industries Joint Stock Co. Backed with competitive intelligence and benchmarking, our research reports on the rice noodles market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Rice Noodles Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist rice noodles market growth during the next five years
  • Estimation of the rice noodles market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the rice noodles market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of rice noodles market vendors

Table Of Contents:

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five Force Summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product
  • Rice vermicelli - Market size and forecast 2019-2024
  • Rice stick and others - Market size and forecast 2019-2024
  • Market opportunity by Product

Market Segmentation by End-user

  • Market segments
  • Comparison by End user
  • Retail - Market size and forecast 2019-2024
  • Foodservice - Market size and forecast 2019-2024
  • Market opportunity by End user

Customer landscape

  • Overview

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • China - Market size and forecast 2019-2024
  • Thailand - Market size and forecast 2019-2024
  • Vietnam - Market size and forecast 2019-2024
  • Indonesia - Market size and forecast 2019-2024
  • Rest of APAC - Market size and forecast 2019-2024
  • Market opportunity by geography
  • Volume driver – Demand led growth
  • Volume driver – Supply led growth
  • Volume driver – External factors
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Acecook Vietnam Joint Stock Co.
  • Kikkoman Corp.
  • Leong Guan Food Manufacturer Pte Ltd.
  • Manassen Foods
  • NISSIN FOODS HOLDINGS Co. Ltd.
  • PT INDOFOOD SUKSES MAKMUR Tbk
  • Thai President Foods Public Co. Ltd.
  • THAITAN FOODS INTERNATIONAL Co. Ltd.
  • The Kraft Heinz Co.
  • Vietnam Food Industries Joint Stock Co.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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