Global Instant Noodles Market By Overview
Instant Noodles Market accounted for US$ 49.0 billion in 2020 and is estimated to be US$ 84.63 billion by 2030 and is anticipated to register a CAGR of 5.7%.
Instant noodles are a noodle dish, sold in a precooked and dried noodle block, with flavoring powder and/or seasoning oil. They are usually made up of ingredients such as flour, water, oil and salt.Instant noodles are already cooked noodles that have been treated with seasoning oil and flavouring powder. Before being served in packs, cups, or bowls, dried noodles must be boiled for 10 to 15 minutes in boiling, salty water and then drained. Precooked noodles are made by steaming fresh noodles and either drying (for instant noodles in the traditional sense) or steaming and frying (ramen style). Some of the most recent trends in the market include the fortification of instant noodles, a rise in the demand for clean label products, the proliferation of social media platforms, the introduction of variants tailored to the tastes of various regions, and chances for instant noodle companies to strengthen distribution networks.
Global Instant Noodles Market By Dynamics
Major drivers for growth of instant noodles in the global instant noodles market are increasing demand for convenience foods attributing to fast-paced urban lifestyle, rising disposable income, and affordability of the product. Other factors which support growth of the global instant noodles market are change in food habits; growing work population, increase in nutritional value of the noodles due to fortification, variety, and product appeal.
Global Instant Noodles Market By Segmentation
Instant noodles market has been segmented by packaging, type of broth, distribution channel, and region.
On the basis of packaging type, global instant noodles market has been bifurcated into packets, cups, and others. Packet noodles segment accounts for the highest market proportion over the past few years and is projected to dominate the target market during the forecast period. However, the segment of cup instant noodles is expected to expand at a high growth rate in the near future. Global instant noodles market is segmented on the basis of broth which includes sea-food, chicken, vegetable, and others. Vegetable segment is expected to witness higher growth rate than retail customers over the forecast period which in turn support growth of the global market. Target market has been segmented on the basis of distribution channel which comprises of store based and non-store based.
Regional Insights:
Based on region, instant noodles market is segmented into North America, Latin America, Europe, Middle East, Asia Pacific, and Africa. China exhibits a clear dominance in global instant noodles market accounting for majority of the total global consumption of instant noodles. Market in China is followed by the market of countries such as Indonesia, Japan, the United States, Vietnam, India, Republic of Korea, South Arabia, and Thailand.
Global Instant Noodles Market By Key Players
Key players operating in the instant noodles market include Nestlé S.A, Ajinomoto Co., Inc., The Unilever Group, Campbell Soup Company, Hebei Hualong Food Group Co., Ltd., PT Indofood Sukses Makmur Tbk, Nissin Foods Products Co., Ltd., Capital Foods Limited, ITC Limited, and Acecook Vietnam Joint Stock Company.
Global Instant Noodles Market By Table of Contents
Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
Market Preview
- Executive Summary
- Key Findings—Global Outlook for medical carts Strategies
- Key Questions this Study will Answer
- Market Snippet, By Packaging
- Market Snippet, By Type of Broth
- Market Snippet, By Distribution Channel
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restrains
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
Market Segmentation, By Packaging, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Packets
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Cups
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Seaweed
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Others
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By Type of Broth, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Sea-food
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Chicken
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Confectionery
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Vegetable
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Others
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By Distribution Channel, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Store Based
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Non-store Based
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Global Market, By Region, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Packaging, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Type of Broth, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Distribution Channel, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Packaging, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Type of Broth, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Distribution Channel, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Packaging, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Type of Broth, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Distribution Channel, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Bn), By Packaging, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Type of Broth, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Distribution Channel, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Bn), By Packaging, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Type of Broth, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Distribution Channel, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- GCC
- Israel
- South Africa
- Rest of Middle East
Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
Company Profiles
- Nestlé S.A,
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Ajinomoto Co., Inc.,
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Unilever Group,
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Campbell Soup Company,
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Hebei Hualong Food Group Co., Ltd.,
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- PT Indofood Sukses Makmur Tbk,
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Nissin Foods Products Co., Ltd.,
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Capital Foods Limited, ITC Limited,
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Acecook Vietnam Joint Stock Company
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
The Last Word
- Future Impact
- About Us
- Contact
Global Instant Noodles Market By Highlights
FAQs
Instant noodles market has been segmented by packaging, type of broth, distribution channel, and region.
Major drivers for growth of instant noodles in the global instant noodles market are increasing demand for convenience foods attributing to fast-paced urban lifestyle, rising disposable income, and affordability of the product.
Based on region, global instant noodles market is segmented into North America, Latin America, Europe, Middle East, Asia Pacific, and Africa. China exhibits a clear dominance in global instant noodles market accounting for majority of the total global consumption of instant noodles.
Key players operating in the global instant noodles market include Nestlé S.A, Ajinomoto Co., Inc., The Unilever Group, Campbell Soup Company, Hebei Hualong Food Group Co., Ltd., PT Indofood Sukses Makmur Tbk, Nissin Foods Products Co., Ltd., Capital Foods Limited, ITC Limited, and Acecook Vietnam Joint Stock Company.