Global Instant Noodles Market Research Report - Forecast to 2025
Published | 24 June 2019
According to Blueweave Consulting, the Global instant
noodles market is anticipated to reach XX.XX Million by the end of 2025 and
projected to increase significantly at a CAGR of X.XX% over the forecast
period. Instant Noodles are ready-to-cook noodles offered in diverse variety of
flavors coupled with numerous stomach filling and healthy ingredients like
dehydrated vegetables, wheat flour, meat, pork, beef, and seafood among
others.
The market is
compelled by various factors like rapid industrialization and fast-tracked urbanization
coupled with innovative product offering and due to hectic lifestyles consumer
preferences are inclined towards convenience food which further fuel the market
growth of instant noodles.
Packet instant
noodles segment dominates the overall market with a market share of XX.XX% in
2018 and projected to maintain its dominance throughout the forecast period of
2019-2025. Additionally, changing lifestyle, increasing stress life, and
diversification of products helping packet instant noodles industry to grow
across globe. However, the cup/bowl segment is likely to increase at a
significant level and projected to touch USD XX.X Million by 2025.
On the basis of distribution channel, the store based
channel holds the largest market share of XX.X% in 2018. The retail store's
channel is witnessing high growth. Retail stores have high growth potential due
to the presence of large middle-income group further new wave of expansion
through the compact store format will favor the instant noodles demand in
retail stores. Convenience stores represent the largest segment followed by
supermarkets and hypermarkets owing to the rising number of health-conscious
consumers, expanding working population and increasing urbanization are
boosting the instant noodles market. The online sales market is anticipated to
magnify at a higher rate in the upcoming period, owing to the rapid penetration
of smartphones, upsurge in m-commerce sales, and easiness in payment options.
Geographically, the Global instant noodles market is analyzed
across North America, Europe, Asia Pacific, Latin America and Middle East &
Africa. In 2018, Asia Pacific accounted for the maximum market share of XX.X%
and projected to dominate the overall instant noodles followed by North
America. Owing to the amassed ecommerce industry, rising disposable income and
changing consumer taste. Europe is projected to be the fastest growing region
registering a CAGR of X.XX% over the forecast period.
Key Players
The leading market players in the global instant noodles market
primarily are Nestle SA (Switzerland), Ajinomoto Co., Inc. (Japan), The
Unilever Group (Pot Noodles) (U.K.), Campbell Soup Company (U.S.), Nissin Foods
Co., Ltd (Hong Kong), Capital Foods Limited (India), ITC Limited (India).
Study Objectives of
instant noodles Market Forecast to 2025
·
Detailed analysis for individual micro and macro
markets for instant noodles
·
To estimate market size by Packaging, grade,
distribution channel and Region
·
To understand the supply and demand dynamics of
instant noodles
·
Company profiling of major players &
competitive positioning for the instant noodles market
·
Value chain analysis and supply chain analysis
of instant noodles
·
Analysis of historical market trends, and
technologies, and current government regulatory requirements related to instant
noodles market
Target Audience
·
Instant noodles manufacturers
·
Food Service industries
·
Retailers and wholesalers
·
Traders, importers and exporters
Regional and Country
Analysis of instant noodles market development and demand Forecast to 2025
Market
The reports also
cover country level analysis:
North America
·
US
·
Canada
· Mexico
Europe
·
Germany
·
U.K.
·
France
·
Italy
· Rest of Europe
Asia – Pacific
·
China
·
India
·
Japan
·
Indonesia
· Rest of Asia Pacific
MEA
·
Saudi Arabia
·
UAE
· Rest of MEA
·
Brazil
·
Argentina
·
Rest of Latin America
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