19th November 2019 – Europe
And Asia Rice Noodles Market is anticipated to reach USD 3.6 billion by
2022. Rice Noodles are offered in cuisines as frozen, fresh, or dried system.
Gluten free noodles are similarly made obtainable for individuals who tend to
be allergic to gluten. The factors that propel the growth of the Europe And
Asia Rice Noodles industry include increasing consumer demand from developing
economies comprising India and China, convenience of smaller packet sizes at
lesser charges, and growing working population. Europe And Asia Rice Noodles
Market is anticipated to grow at a significant CAGR in the upcoming period as
the scope, product types, and its applications are increasing across the globe.
Europe And Asia Rice Noodles industry
may be explored by product type, end users, and geography. The market may be
explored by product type as Wide noodles, and Thin noodles. The Europe And Asia
Rice Noodles Market could be explored based on end users as Online Stores, Food
Service Outlets, Supermarkets/Hypermarkets, and Others. The
“Supermarkets/Hypermarkets” segment led the Europe And Asia Rice Noodles industry
in 2015 and is anticipated to maintain its dominance by 2022.
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Europe accounted for the major share of
the Europe And Asia Rice Noodles Market Size in 2015 and will continue to lead
in the forecast period. The factors that could be attributed to the growth
includes increasing necessity for cultural cuisine among customers, and
capacity of being a better substitute to fried noodles.
Some of the key players that fuel the
growth of the Europe And Asia Rice Noodles industry comprise American Roland
Food Corp., JFC International, Nan Shing Hsinchu, Eskal, Cali Food, Mandarin
Noodle Manufacturing, Nature soy, Ying Yong Food Products, Leong Guan Food
Manufacturer, D. Food Products, Lieng tong, Foodle Noodle, L&W Food Corp.,
Thai Kitchen, Thai Preserved Food Factory, and Others. The leading companies
are taking up partnerships, mergers and acquisitions, and joint ventures in
order to boost the inorganic growth of the industry.
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