North America Rice Noodles Market Trends and Outlook
The North America Rice Noodles Market growth & size reached USD xx billion in 2019 and is predicted to rise at a CAGR xx from 2020 to 2027. Rice noodles are made from a simple mix of rice flour and water. They get their unique texture from additional ingredients like tapioca and cornstarch. These noodles come in different forms-fresh, dried, and frozen. There are also gluten-free choices for those with gluten allergies. With mostly carbohydrates, no additives, and low fat, rice noodles offer a healthier choice compared to different fast foods. In addition, they can be cooked with different flavors, giving individuals a chance to introduce their tasty dishes.
The market has witnessed significant growth, due to the growing popularity of Asian cuisine. Rice noodles, specifically, have garnered immense attention in international markets. These noodles, available in frozen, fresh, and dried forms with different shapes and exceptional texture features, carry a broad range of age groups and ethnicities. Their versatility enables them to complement different ingredients, sauces, and spices, leading to a widespread reputation. A factor influencing the market growth is the absence of wheat flour in rice noodles, making them inherently gluten-free. This attribute appeals to people with gluten intolerance and celiac disease, developing the market growth. In addition, rice noodles are predicted to be a healthier choice as compared to yellow egg noodles, making them a preferred choice for vegans and vegetarians.
The North America rice noodle market demand is projected to witness growth due to significantly widened distribution channels, addressing the rising demands of customers in both urban and certain rural locations, propelled by an increasing population. The North America rice noodle market’s driving factors are an increase in demand for rice products and continuous product innovations. However, market growth faces challenges in developed countries owing to lower popularity and concern over the high carbohydrate content in rice products.
The North America rice noodles market segmentation is based on distribution channel, type, and region. In terms of type, the market is classified into Western-style rice noodles, Chinese-style rice noodles, and many more. Chinese-style rice noodle is anticipated to register the market, holding the largest market share, and the extension of population preference for Chinese-style rice noodles contributes to this North America noodle rice market trend. Based on distribution channels, the market is categorized into supermarkets, independent retailers, convenience stores, and many more. Supermarkets are predicted to be the primary revenue generators in the rice noodle market. On the basis of region, the North America rice noodles market is further segmented into the U.S.A. and Canada. The United States takes the lead in this regional market, although its impact is relatively modest on an international scale. This is attributed to the lower popularity of rice-based products across the region.
Furthermore, the growth of the regional market is driven by an increase in presence of Asian restaurants and a growing influx of the Asian population into the U.S., Canada, and Mexico. A key factor driving this trend is the popularity of instance rice noodles, drawing a considerable number of Americans to discover the product. The convenience of preparation adds to its appeal, making it a practical dietary choice for many.
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