Latin America Rice Noodles Market Size & Outlook, 2019-2027
Latin America rice noodles market, 2018-2027 (US$M)
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Latin America rice noodles market highlights
- The Latin America rice noodles market generated a revenue of USD 137.2 million in 2019.
- The market is expected to grow at a CAGR of 13.9% from 2020 to 2027.
- In terms of segment, rice stick noodles was the largest revenue generating product in 2019.
- Vermicelli Rice Noodles is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2020 to 2027.
Latin America data book summary
| Market revenue in 2019 | USD 137.2 million |
| Market revenue in 2027 | USD 389.8 million |
| Growth rate | 13.9% (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 |
| Key market players worldwide | Thai President Foods PCL Units Non-Voting Depository Receipt, Toyo Suisan Kaisha Ltd, McCormick & Co Inc, Lotus Herbals, Annie Chun‘s, Enbridge Inc, Nongshim, Nasoya, DDC Enterprise Ltd Class A Ordinary Shares |
Other key industry trends
- In terms of revenue, Latin America region accounted for 4.2% of the global rice noodles market in 2019.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2027.
- North America is the fastest growing regional market and is projected to reach USD 1,831.3 million by 2027.
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Rice Noodles Market Scope
Rice Noodles Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America 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 41.25% in 2019. Horizon Databook has segmented the Latin America 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.
- Latin America Rice Noodles Product Outlook (Revenue, USD Million, 2018-2027)
- Vermicelli Rice Noodles
- Rice Stick Noodles
- Wide Rice Noodles
- Others
- Latin America Rice Noodles Cooking Method Outlook (Revenue, USD Million, 2018-2027)
- Instant
- Conventional
- Latin America Rice Noodles Application Outlook (Revenue, USD Million, 2018-2027)
- Household
- Restaurant
- Latin America Rice Noodles Distribution Channel Outlook (Revenue, USD Million, 2018-2027)
- Hypermarkets & Supermakets
- Convenience Stores
- Online
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Our clientele includes a mix of rice noodles market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America rice noodles market, including forecasts for subscribers. This continent databook contains high-level insights into Latin America rice noodles market from 2018 to 2027, including revenue numbers, major trends, and company profiles.
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Latin America rice noodles market size, by country, 2018-2027 (US$M)
Latin America Rice Noodles Market Share, 2019 & 2027 (US$M)
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