Global Rice Noodles Market Size & Outlook, 2019-2027
The rice noodles industry worldwide is expected to reach a projected revenue of US$ 9,507.4 million by 2027. A compound annual growth rate of 14.2% is expected of the worldwide rice noodles industry from 2020 to 2027.
Revenue, 2019 (US$M)
$3,282.2
Forecast, 2027 (US$M)
$9,507.4
CAGR, 2020 - 2027
14.2%
Report Coverage
Worldwide
Global rice noodles market, 2018-2027 (US$M)
Related Markets
Global rice noodles market highlights
- The global rice noodles market generated a revenue of USD 3,282.2 million in 2019 and is expected to reach USD 9,507.4 million by 2027.
- The market is expected to grow at a CAGR (2020 - 2027) of 14.2% by 2027.
- In terms of segment, rice stick noodles accounted for a revenue of USD 1,371.9 million in 2019.
- Vermicelli Rice Noodles is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2019.
- Country-wise, China is expected to register the highest CAGR from 2020 to 2027.
Global data book summary
| Market revenue in 2019 | USD 3,282.2 million |
| Market revenue in 2027 | USD 9,507.4 million |
| Growth rate | 14.2% (CAGR from 2019 to 2027) |
| Largest segment | Rice stick noodles |
| Fastest growing segment | Vermicelli Rice Noodles |
| Historical data covered | 2018 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Vermicelli Rice Noodles, Rice Stick Noodles, Wide Rice Noodles |
Other key industry trends
- In terms of revenue, the North America accounted for 17.1% of the global rice noodles market in 2019.
- By country, the China is projected to lead the global market in terms of revenue in 2027.
- By country, China is the fastest growing regional market and is projected to reach USD 1,948.6 million by 2027.
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Rice Noodles Market Scope
Rice noodles market segmentation & scope
Rice Noodles Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global rice noodles market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to rice noodles market will help companies and investors design strategic landscapes.
Rice stick noodles was the largest segment with a revenue share of 41.8% in 2019. Horizon Databook has segmented the Global rice noodles market based on vermicelli rice noodles, rice stick noodles, wide rice noodles covering the revenue growth of each sub-segment from 2018 to 2027.
- Global Rice Noodles Product Outlook (Revenue, USD Million, 2018-2027)
- Vermicelli Rice Noodles
- Rice Stick Noodles
- Wide Rice Noodles
- Others
- Global Rice Noodles Cooking Method Outlook (Revenue, USD Million, 2018-2027)
- Instant
- Conventional
- Global Rice Noodles Application Outlook (Revenue, USD Million, 2018-2027)
- Household
- Restaurant
- Global Rice Noodles Distribution Channel Outlook (Revenue, USD Million, 2018-2027)
- Hypermarkets & Supermakets
- Convenience Stores
- Online
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Horizon Databook provides a detailed overview of global-level data and insights on the Global rice noodles market, including forecasts for subscribers. This global databook contains high-level insights into Global rice noodles market from 2018 to 2027, including revenue numbers, major trends, and company profiles.
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Global rice noodles market size, by regions, 2018-2027 (US$M)
Top 10 countries: Rice noodles market size, 2019 (US$M)
Global rice noodles market share, by product, 2019 & 2027 (%, US$M)
Rice noodles market: Opportunity assessment by country
Global rice noodles market, by region, 2019 (US$M)
Related regional statistics
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