Latin America Rice Noodles Market Size & Outlook, 2019-2027
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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 |
|---|---|---|---|---|
| DDC Enterprise Ltd Class A Ordinary Shares | View profile | - | 233 Hollywood Road, Room 1601-1602, 16th Floor, Hollywood Centre, Sheung Wan, Hong Kong | https://www.daydaycook.com.cn |
| Nasoya | View profile | 101-250 | Ayer, Massachusetts, United States, North America | https://www.nasoya.com |
| Nongshim | View profile | 5001-10000 | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | http://eng.nongshim.com/ |
| Enbridge Inc | View profile | 11500 | 425 - 1st Street South West, Suite 200, Calgary, AB, Canada, T2P 3L8 | https://www.enbridge.com |
| Toyo Suisan Kaisha Ltd | View profile | 5598 | 2-13-40, Konan, Minato-ku, Tokyo, Japan, 108-8501 | http://www.maruchan.co.jp |
| Thai President Foods PCL Units Non-Voting Depository Receipt | View profile | - | No. 304, Srinakarin Road, TF Group Building, Huamark Sub-district, Bangkapi District, Bangkok, Thailand, 10240 | https://www.mama.co.th |
| Annie Chun‘s | View profile | 11-50 | Bloomington, Minnesota, United States, North America | https://anniechun.com/ |
| McCormick & Co Inc | View profile | 13800 | 24 Schilling Road, Suite 1, Hunt Valley, MD, United States, 21031 | https://www.mccormickcorporation.com |
| Lotus Herbals | View profile | 1001-5000 | Solan, Himachal Pradesh, India, Asia | https://www.lotusherbals.com |
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)
- Others
- Vermicelli Rice Noodles
- Rice Stick Noodles
- Wide Rice Noodles
- Latin America Rice Noodles Cooking Method Outlook (Revenue, USD Million, 2018-2027)
- Conventional
- Instant
- Latin America Rice Noodles Application Outlook (Revenue, USD Million, 2018-2027)
- Restaurant
- Household
- Latin America Rice Noodles Distribution Channel Outlook (Revenue, USD Million, 2018-2027)
- Hypermarkets & Supermakets
- Online
- Convenience Stores
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Our clientele includes a mix of rice noodles market companies, investment firms, advisory firms & academic institutions.
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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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