Glass Noodle Comprehensive Study.
Praveen Kumar
Managing Director & Co-Founder @ AMA Research & Media | Market Research, Team Building, Marketing Strategy
About Glass Noodle
Glass noodles is also known as cellophane noodles or fensi. It is long transparent and gelatinous noodles. It is mainly found in different cuisines of Southeast Asia. They are opaque white or brown thread, skinny in appearance. They are easy to use and cook. It is made from the starch of mung beans, sweet potatoes and they look almost translucent during cooking. Glass noodles taste similar to wheat pasta, but they're slightly softer. In China most glass noodles are created with mung bean flour, whereas in Korea it's common to find noodles made with sweet potato starch and under the name dangmyeon. Growing RTE food expenditure across the globe, preference for instant snacking and focus on consuming heaalthy ingredients impacting on the demand for glass noodles. Increasing demand for healthy snacks across the globe driving the demand. Geographically, Asia Pacific region has have been recognized as highly growing market with increasing RTE Food industrial infrastructure. Several countries of APAC region like Japan, China, South Korea are known as hub for noodles production. Therefore, Asia Pacific region are considered to be the dominant market over forecast period.
AttributesDetailsStudy Period2018-2030Base Year2023UnitValue (USD Million)CAGR2.3%
The market of Glass Noodle is expected to grow with rising industrial expenditure of RTE food industry. Increasing demand for instant snacks driving the demand for the market. Several companies are operating in the market to provide Glass Noodle with unique offering and texture. The market is highly fragmented with the presence of several market players. They are gaining attention owing to their innovative and novel portfolio. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.Avebe (Netherland), Woodland Foods. (United States), Chung Jung One (South Korea), Miracle Noodle (United States), Lotus Foods (United States), MAMA (Thailand), Nissin Foods Group (Japan), Ottogi(South Korea), Hongkong Noodle Company (Hong Kong), Marubeni Corporation (Japan), Hakubaku Australia (Pty) ) Ltd. (Australia), Sunfood Industrial Company (United States) and The Eighty Eight Store.(India) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Glass Noodle market by Type (Boiled Noodle, Fried Noodle, Dried Noodle and Frozen Noodle) and Region.On the basis of geography, the market of Glass Noodle has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Supermarkets and Hypermarkets will boost the Glass Noodle market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Product Type , the sub-segment i.e. Instant will boost the Glass Noodle market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Source, the sub-segment i.e. Mug Bean will boost the Glass Noodle market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Huge Preference for Fried Glass Noodles over Others
Market Growth Drivers:
Increasing Preference for Ready to Eat Snacks and Augmenting Expenditure of Food & Beverage Industry
领英推荐
Challenges:
Presence of Substitutes
Restraints:
Fluctuation in Availability of Raw Material
Opportunities:
Increasing demand for Glass Noodles in International Cuisines
Market Leaders and their expansionary development strategies
In August 2023, Thai Union Group, a seafood giant, partnered with Vietnamese glass noodle producer Acecook Vietnam to co-develop plant-based protein products targeting Southeast Asian markets.In March 2023, South Korean food company Nongshim launched a new line of stir-fried glass noodle mixes in flavors like black bean sauce and kimchi jjajang.
Key Target Audience
Glass Noodle Manufacturers, Glass Noodle Suppliers, Raw Material Supplier, Regulatory Authorities, New Entrants/Investors, Strategic Business Planners, Governments and End Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.https://www.advancemarketanalytics.com/sample-report/179673-global-glass-noodle-market?industry=food-products ?utm_source=LinkedIn&utm_medium=Hrushikesh