NEW YORK, United States, Aug. 25, 2022 (GLOBE NEWSWIRE) -- According to Facts and Factors has published a new research report titled “Instant Noodles Market By Type (Chicken, Vegetables, Sea Food, & Others), By Modality (Fried & Non-Fried), By Ingredient (Oats, Rice, Wheat, & Others), By Distribution Channel Supermarkets/Hypermarkets, Convenience Stores, Online Retail, & Others), And By Regions - Global & Regional Industry Perspective, Comprehensive Analysis, and Forecast 2020 - 2028” in its research database.
“According to the latest research study, the demand of global Instant Noodles Market size & share in terms of revenue was worth of USD 46.75 billion in 2020 and it is expected to reach around USD 74.85 billion mark by 2028, growing at a compound annual growth rate (CAGR) of approximately 6.8% during the forecast period 2021 to 2028.”
What are Instant Noodles? How big is the Instant Noodles Industry?
Market Overview:
Instant noodles, often known as instant ramen, are a type of noodle that has been pre-cooked and is supplied in a dry block style. They typically have a flavouring powder, preservative, or oil added to them for seasoning. Cup noodles, on the other hand, have the seasoning already mixed into the batch, as opposed to the conventional instant noodles, which come with the seasoning contained in a separate packet.
Some types of instant noodles come in a structure that is hermetically sealed, while other types of instant noodles can be cooked in an oven, and yet other types of instant noodles can even be eaten directly from the container by simply adding hot water. Wheat flour, palm oil, and salt are the three primary components that go into the production of instant noodles. Other components include salt, monosodium glutamate, seasoning, and salt.
Click Here To Access Free Sample Report of the Global Instant Noodles Market @ https://www.fnfresearch.com/sample/instant-noodles-market
(A free sample of this report is available upon request; please contact us for more information.)
Our Free Sample Report Consists of the Following:
- Introduction, Overview, and in-depth industry analysis are all included in the 2021 updated report.
- The COVID-19 Pandemic Outbreak Impact Analysis is included in the package
- About 220+ Pages Research Report (Including Recent Research)
- Provide detailed chapter-by-chapter guidance on Request
- Updated Regional Analysis with Graphical Representation of Size, Share, and Trends for the Year 2021
- Includes Tables and figures have been updated
- The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
- Facts and Factors research methodology
(Please note that the sample of this report has been modified to include the COVID-19 impact study prior to delivery.)
Report Scope
| Report Attribute | Details |
| Market Size in 2020 | USD 46.75 Billion |
| Projected Market Size in 2028 | USD 74.85 Billion |
| CAGR Growth Rate | 6.8% CAGR |
| Base Year | 2020 |
| Forecast Years | 2021-2028 |
| Key Market Players | Nissin Food Holdings, Nestle S.A., ITC Limited, Capital Food Pvt Ltd., Ajinomoto Co, Inc., Acecook Vietnam Joint Stock Company, Indofood SuksesMakmurTbh, Aico Food Ltd., Samyang Corporation, Unilever PLC, Nongshim Co Ltd., and HebeiHualong Food Group and Master Kong |
| Key Segment | By Type, Modality, Ingredient, Distribution Channel, and Region |
| Major Regions Covered | North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
| Purchase Options | Request customized purchase options to meet your research needs. Explore purchase options |
Market Dynamics
The driving factors for the global instant noodle market are the outbreak of COVID-19 leading to lockdown measures by governments across the globe and the majority of consumers switching to home-cooked meals and stocking of food items for a longer duration of time. Additionally, instant noodles offer a wider range of benefits such as convenience, taste, nutrition, and affordable price. These factors are expected to propel the growth of the global instant noodles market to a larger market share during the forecast. Increasing consumer awareness about a healthier dose of noodles and fortified and durable consumables and beverages will further increase the appeal of instant noodles for a wider consumer base. The rising trend of convenience food coupled with a hectic work schedule of the working population is expected to open new revenue opportunities for the global instant noodle market.
Manufacturers are looking to bank in the opportunity of the latter by integrating a range of functionalities such as instant appetizing solutions, longer shelf life, and a wider selection of products in order to capture a larger consumer base. The rising middle-class population has shown an increased dependence on quickly made meals within optimal prices will further boost the growth of the global instant noodles market. Additionally, manufacturers using organic and fresh produce during production will attract a wider range of consumers during the forecast. However, increased consumption can cause metabolic syndrome and other health disorders such as diabetes, hypertension, and others due to chemical correspondents which can decrease the growth of the market to a certain extent.
Browse the full “Instant Noodles Market By Type (Chicken, Vegetables, Sea Food, & Others), By Modality (Fried & Non-Fried), By Ingredient (Oats, Rice, Wheat, & Others), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online Retail, & Others), And By Regions - Global & Regional Industry Perspective, Comprehensive Analysis, and Forecast 2020 - 2028” Report at https://www.fnfresearch.com/instant-noodles-market
Instant Noodles Market: COVID-19 Impact Analysis
In the year 2020, while the COVID-19 epidemic was going around, there was turbulence in many other industries as a result of widespread panic, which resulted in a decrease in the market for instant noodles. But this pandemic has given companies a chance to offer consulting services about financial crises and how to get out of them.
Instant Noodles Market: Segmentation Analysis
The global Instant Noodles Market can be divided into chicken, vegetables, seafood, and others on the basis of type. The chicken segment is expected to occupy the largest market share during the forecast and dominate the segment owing to increasing consumer preference for nutritional elements and affordable prices. Furthermore, increased protein and carbohydrate sources will increase the market share for the segment during the forecast.
The global Instant Noodles Market can be fragmented into supermarkets/hypermarkets, convenience stores, online retail, and others on the basis of distribution channels. The supermarket/hypermarkets segment is expected to witness the largest market share during the forecast owing to the rising number and increased investments. Furthermore, factors such as dedicated shelves and informative boards will further increase the market share during the forecast.
Directly Purchase a copy of the report with TOC @ https://www.fnfresearch.com/buynow/su/instant-noodles-market
Competitive Landscape:
Some of the main competitors dominating the global Instant Noodles Market include -
- Nissin Food Holdings
- Nestle S.A.
- ITC Limited
- Capital Food Pvt Ltd.
- Ajinomoto Co Inc.
- Acecook Vietnam Joint Stock Company
- Indofood SuksesMakmurTbh
- Aico Food Ltd.
- Samyang Corporation
- Unilever PLC
- Nongshim Co Ltd.
- HebeiHualong Food Group and Master Kong
Key Insights from Primary Research:
- As per the analysis shared by our research analyst, the Instant Noodles Market is estimated to grow annually at a CAGR of around 6.8% over the forecast period (2021-2028).
- In Terms Of Revenue, The Instant Noodles Market size was valued at around USD 46.75 billion in 2020 and is projected to reach USD 74.85 billion by 2028. Due to a variety of driving factors, the market is predicted to rise at a significant rate.
- On the basis of type, the chicken category is expected to witness the largest market share owing to a wider range of taste offerings and affordability factor.
- Wheat is anticipated to account for the biggest market share, on the basis of ingredients.
- On the basis of distribution channels, it is anticipated that supermarkets/hypermarkets will hold the biggest market share.
- On the basis of geography, Asia-Pacific is expected to witness the largest market share during the advent of the forecast owing to global revenue contribution.
Have Any Query? Ask Our Experts: https://www.fnfresearch.com/inquiry/instant-noodles-market
Key questions answered in this report:
- What is the market size and growth rate forecast for Instant Noodles industry?
- What are the main driving factors propelling the Instant Noodles Market forward?
- What are the leading companies in the Instant Noodles Industry?
- What segments does the Instant Noodles Market cover?
- How can I receive a free copy of the Instant Noodles Market sample report and company profiles?
Regional Dominance:
- Asia-Pacific Is Expected To Witness the Largest Market Share duringthe Forecast Period
Asia-Pacific is expected to occupy the largest market share during the advent of the forecast in terms of global revenue contribution. Factors that are responsible for the dominant market share in the global perspective can be attributed to densely populated regions and rising disposable incomes. Additional factors such as the hectic lifestyle of the working population, overall improvement of well-being, and rising willingness to spend on additional beverages and consumables.
Recent Developments:
Here are some noteworthy developments for the global Instant Noodles Market during the forecast:
- Nissin Food Co. recently made the switch to deliver a product line within higher nutritional values and lower calorie count in order to cater to a wider range of consumers targeting to improve immunity systems.
- Indofood SuksesMakmurTbk recently launched a new flavor in their instant noodles flavor called IndomieHypeAbisAyamGepre that is expected to expand the company’s portfolio to a new range of consumers.
Request for Customization on this Report as per your requirements - https://www.fnfresearch.com/customization/instant-noodles-market
(We tailor your report to meet your specific research requirements. Inquire with our sales team about customising your report.)
The global Instant Noodles Market is segmented as follows:
By Type Segment Analysis
- Chicken
- Vegetables
- Sea Food
- Others
By Modality Segment Analysis
- Fried
- Non-Fried
By Ingredient Segment Analysis
- Oats
- Rice
- Wheat
- Others
By Distribution Channel Segment Analysis
- Supermarkets/Hypermarkets
- Convenience Stores
- Online Retail
- Others
By Regional Segment Analysis
- North America
- U.S.
- Canada
- Rest of North America
- Europe
- France
- UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia Pacific
- The Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
Request For Free Sample Report of the Global Instant Noodles Market @ https://www.fnfresearch.com/sample/instant-noodles-market
Key Offerings:
- Market Size & Forecast by Revenue | 2021−2028
- Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities
- Market Segmentation – A detailed analysis by Type, Modality, Ingredient, Distribution Channel, and Region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
Browse Other Related Research Reports from Facts & Factors:
Packaged Food Market By Product Type (Bakery & Confectionery Products, Beverages, Breakfast Cereals, Dairy Products, Ice Creams & Frozen Novelties, Processed Meats, Ready-to-Eat Meals, Rice, Pasta, & Noodles, Sauces, Dressings, & Condiments, Snacks & Nutritional Bars, and Others), Distribution Channel (Hypermarkets and Supermarkets, Convenience Store, Online Retailers, and Others): The U.S. Industry Perspective, Comprehensive Analysis, and Forecast 2021 – 2026
Pasta and Noodles Market By Type (Pasta, and Noodles); By Product Type (Ambient, Dried, and Chilled); By Sales Channel (Hypermarket/Supermarket, Convenience Store, Online Store, and Others): Europe Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecast 2020–2026
Organic Spice Market By Product (Chili, Ginger, Turmeric, Garlic, Coriander/Cilantro, Nutmeg & Mace, and Others), By Form (Powder, Granular, Extract, and Raw), By Function (Flavor, Preservative, and Color), By Application (Culinary, Meat & Poultry Products, Sauces & Dips, Snacks & Convenience Foods, Soups & Noodles, and Ready-To-Eat Meals), and By Region: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecast 2020–2026
Pasteurized Eggs Market By Type (Egg Yolk, Egg White, and Whole Egg) and By Application (Dietary Supplements, Noodles & Pasta, Sauces, Mayonnaise & Dressing, Dairy Products, Desserts, Pet Food, and Others): Global Industry Perspective, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Trends, and Forecast 2019–2026
Cheese Powder Market By Product (Mozzarella, Cheddar, Blue Cheese, Parmesan, Blends, Gouda Cheese, Swiss Cheese, Romano Cheese, Asiago Cheese, Feta Cheese, and Others), By Application (Savory Snacks, Flavor Industry, Biscuits & Other Baked Products, Dips/Dressings/Dry Mix/Sauces, Ready-To-Eat, Imitation & Processed Cheese, Confectionery, Cream, and Pet & Baby Food), and By Region-Global and Regional Market Dynamics, Data Analytics, Consumer Demand, Statistical Surveys, Extensive Research, Historical Trends, Current Patterns, and Forecast 2022–2028
About Facts & Factors:
Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds.
Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.
Follow Us on LinkedIn: https://www.linkedin.com/company/fnfresearch
Follow Us on Twitter: https://twitter.com/fnfresearch
Follow Us on Facebook: https://www.facebook.com/factsandfactors/
Contact Us:
Rushikesh Dorge
USA: +1 347 690-0211
United Kingdom: +44 2032 894158
Japan: +81 50 5806 9039
India: +91 73877 19999
Email: sales@fnfresearch.com
Web: https://www.fnfresearch.com
Blog: https://www.fnfresearch.com/blog/
