Demand for noodles is expected to continue growing in Brazil. Recently, Nissin Foods announced a BRL1 billion investment for the construction of its third factory in the country.
Rice is deeply rooted in Brazilian culinary culture, and finds its main growth driver in enduring consumption habits, the expectations of population growth in the country, and macroeconomic variables such as GDP that impacts consumers’ available incomes. The diversity and availability of rice also play crucial roles in volume growth.
High rice prices are expected to persist in 2024, primarily sustained by lower domestic stock. According to data from the Center for Advanced Studies in Applied Economics (Cepea), the price of paddy rice is at its highest historical level.
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Understand the latest market trends and future growth opportunities for the Rice, Pasta and Noodles industry in Brazil with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Rice, Pasta and Noodles industry in Brazil, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Rice, Pasta and Noodles
This is the aggregation of rice, noodles and pasta. Includes: Pre-packaged noodles. Excludes: Any noodles, pasta or rice bought loose, bulk and/or unpackaged. Excludes: Any noodle-based ready meals, which would be tracked under ready meals.
See All of Our DefinitionsThis report originates from Passport, our Rice, Pasta and Noodles research and analysis database.
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