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The U.S. is one of the major consumer of instant noodles. Hectic lifestyle, rising number of women employment and desire for minimal cooking labor are major drives for growing product demand in the country - One-off Chopsticks Market

02-22-2018 07:27 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: GMI Research

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One-off Chopsticks Market - Global One-off Chopsticks Industry Size, Share, Price, Growth Trends, Applications, Potential, Technol

One-off Chopsticks Market - Global One-off Chopsticks Industry Size, Share, Price, Growth Trends, Applications, Potential, Technol

Global One-off Chopsticks Market size will witness significant surge in the forecast period. It is a pair of equal length sticks used in kitchen for eating. It is extensively used in various countries as a traditional tool for eating, particularly in China. Countries including Japan widely practice cooking with the product due to its ease in handling and stirring hot food. It can handle wide variety of food products and have special movements including catching, carrying, separating and mixing. Growth in global food industry along with rise in number of tool usage will drive the industry demand.

Instant noodles are registering above 1.5% CAGR over the forest period as the product is significantly accepted as a tool to eat noodles worldwide. Noodles are easy to prepare and consumes less time. High acceptability of Chinese food all over the world has triggered the global one-off chopsticks market. It is a major fast food product consumed by the people specially youngsters and children.

Fast food industry depicts rise by over 4% CAGR till 2024 as it is broadly consumed by every age group across the globe. People aged between 16 to 24 consumes fast food twice a day, that accelerate the demand for fast food and subsequently boost global one-off chopsticks market. Fast food chains and restaurants are gaining share at a very high pace, once in a day majority number of individuals consumes fast food.

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Supply chain in global one-off chopsticks market initiates from obtaining raw material consisting of aspen wood. Manufacturing process of this eating tool includes milling the wood, in laying, cutting blanks, shaping sticks, sanding and finishing. After the processing, it is packed in pairs and transported to various locations for different applications. Major end user of the eating tool is food industry.

Eating with the product needs huge amount of practice and coordination, its use is limited to some food products including noodles, rice and pan-fried food. Depending on the form of cuisine, product is governed by rule of etiquette that needs coordination in handling it. It can even cause injury while consuming food. These factors are preventing the growth of global one-off chopsticks market.

On the basis of raw material, the global one-off chopsticks market is classified into bamboo, plastic, aspen wood and stainless steels. Bamboo is widely used due to its authenticity and ease in handling features. Based on applications, it is bifurcated into noodles, rice and pan fried.

China brought the product in ancient times for eating their traditional food products including noodles and rice. It was created over 4000 years ago in China as earliest version of the tool used, made up of twinges for cooking in hot water and oil. Being an oldest tradition, it is majorly used in Chinese market. Vietnam is one of the major consumers of rice in the world, and tool is commonly used to eat rice in the country. Rise in rice consumption is fairly contributing in boosting Asia Pacific demand in global one-off chopsticks market.

The U.S. is one of the major consumer of instant noodles. Hectic lifestyle, rising number of women employment and desire for minimal cooking labor are major drives for growing product demand in the country. Increasing Chinese population by over 3 million in the U.S. is another factor boosting global one-off chopsticks market size.

Europe, led by France consumes largest amount of fast food in the world. Fast food overtook traditional cuisine of France in 2017. Over 45% of food sector in country is taken up by fast food. Increasing consumption of fast food products in the region supports global one-off chopsticks market growth in the region.

Prominent players that dominate global one-off chopsticks market include Nanchang Sanyou Industrial, Besta Bamboo Machine, Nine Zero Trade and Development, Pacific East Company, Ngoc Chau Enterprise, Dom Agri Products, Georgia, Blooming Wave Co, and Senior Care Innovation.

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Arun Hegde
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Global Market Insights, Inc.
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