Market Overview:
The global cup noodles market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising disposable income, changing lifestyle and growing demand for convenience food products. In terms of type, the mini packaged segment is expected to grow at a higher CAGR than the normal packaged segment during the forecast period. This can be attributed to increasing demand for on-the-go food products among consumers.
Product Definition:
Cup Noodles is a type of instant ramen noodles. It was created by Momofuku Ando in Japan in 1971. Cup Noodles are usually packaged in a Styrofoam cup with seasoning and vegetables included. They can be cooked by adding boiling water to the cup, and then waiting three minutes for the noodles to cook.
Mini Packaged (90g and below）:
Mini packaged food is the new term used in Cup Noodles market. The product was first introduced to the U.S and European countries from 2010 to 2011, since then it has been adopted by many other nations including China, Brazil, South Africa and India among others. Mini packaged food industry is still at its nascent stage with a lot of scope for growth factors owing to increasing population coupled with rising per capita income especially in emerging economies of Asia Pacific such as India and China among others.
Normal Packaged (Above 90g):
Normal packaged ( Above 90g) is a form of instant food, which consists of dried noodles in a paper-based or plastic-based packaging. It has been gaining popularity among consumers due to its convenience and longer shelf life. The product is available in different tastes and flavors as per the demand of the region it is being consumed in.
The global normal packaged market size was valued at USD 11,15 billion in 2015.
Application Insights:
The store sales application segment dominated the global cup noodles market in 2017, accounting for over 60.0% share of the total revenue. The segment is expected to witness significant growth on account of increasing penetration of restaurants and food chains in countries, such as China, India and Japan. In addition, growing preference for instant foods among consumers across various regions is expected to boost industry growth during the forecast period.
The online application segment is projected to expand at a CAGR of XX% from 2018 to 2030 owing to rising e-commerce penetration in countries like China and India which has resulted in increased consumption of instant foods including cup noodles on a digital platform with easy payment options provided by credit cards and net banking systems over the world wide web.
Regional Analysis:
Asia Pacific dominated the global cup noodles market in 2017, accounting for more than 45% of the total revenue share. The region is expected to witness significant growth over the forecast period owing to increasing per capita income and changing lifestyles of consumers. Growing popularity of instant food products among working professionals in countries including China, India, Japan and South Korea is also anticipated to drive demand for packaged noodles across this region.
North America accounted for a significant share in global market space in 2017 due to growing health consciousness among consumers coupled with rising disposable income levels. Furthermore, presence of key manufacturers such as Progresso and Nestl© has strengthened product penetration across this region over last few years which will have a positive impact on industry growth through 2030 time frame.
Growth Factors:
- Increasing urbanization and disposable income in emerging markets is expected to drive the demand for Cup Noodles over the forecast period.
- The product innovation by manufacturers with new flavors and packaging is anticipated to fuel the growth of Cup Noodles market over the forecast period.
- Rising health awareness among consumers regarding convenience food products is projected to propel the demand for Cup Noodles during the forecast period.
- Growing popularity of ready-to-eat food items among working women is expected to boost the sales of Cup Noodles in near future.
Scope Of The Report
Report Attributes
Report Details
Report Title
Cup Noodles Market Research Report
By Type
Mini Packaged (90g and below）, Normal Packaged (Above 90g)
By Application
Store Sales, Online
By Companies
Nissin Foods, Indofood, Unilever, Monde Nissin, Winner foods, Korea Yakult (Paldo), Capital Foods, Uni-President, Thai President Foods, Mamee Double-Decker, Nestle, Toyo Suisan, Tat Hui Foods, Vietnam Food Industries, Acecook, Buitoni, CleanFoods, Mivina, Mr Lee's Pure Foods Co., Nongshim, Nyor Nyar Curry, Ottogi, Patanjali Ayurved, Premier Foods, Prima Food, Rollton, Samyang Food, GBfoods
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
144
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Cup Noodles Market Report Segments:
The global Cup Noodles market is segmented on the basis of:
Types
Mini Packaged (90g and below）, Normal Packaged (Above 90g)
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Store Sales, Online
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Nissin Foods
- Indofood
- Unilever
- Monde Nissin
- Winner foods
- Korea Yakult (Paldo)
- Capital Foods
- Uni-President
- Thai President Foods
- Mamee Double-Decker
- Nestle
- Toyo Suisan
- Tat Hui Foods
- Vietnam Food Industries
- Acecook
- Buitoni
- CleanFoods
- Mivina
- Mr Lee's Pure Foods Co.
- Nongshim
- Nyor Nyar Curry
- Ottogi
- Patanjali Ayurved
- Premier Foods
- Prima Food
- Rollton
- Samyang Food
- GBfoods
Highlights of The Cup Noodles Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Mini Packaged (90g and below）
- Normal Packaged (Above 90g)
- By Application:
- Store Sales
- Online
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cup Noodles Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cup noodles are a type of noodle that is typically served in a cup and often has a variety of toppings.
Some of the key players operating in the cup noodles market are Nissin Foods, Indofood, Unilever, Monde Nissin, Winner foods, Korea Yakult (Paldo), Capital Foods, Uni-President, Thai President Foods, Mamee Double-Decker, Nestle, Toyo Suisan, Tat Hui Foods, Vietnam Food Industries, Acecook, Buitoni, CleanFoods, Mivina, Mr Lee's Pure Foods Co., Nongshim, Nyor Nyar Curry, Ottogi, Patanjali Ayurved, Premier Foods, Prima Food, Rollton, Samyang Food, GBfoods.
The cup noodles market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cup Noodles Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cup Noodles Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cup Noodles Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cup Noodles Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cup Noodles Market Size & Forecast, 2018-2028
4.5.1 Cup Noodles Market Size and Y-o-Y Growth
4.5.2 Cup Noodles Market Absolute $ Opportunity
Chapter 5 Global Cup Noodles Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Cup Noodles Market Size Forecast by Type
5.2.1 Mini Packaged (90g and below）
5.2.2 Normal Packaged (Above 90g)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Cup Noodles Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Cup Noodles Market Size Forecast by Applications
6.2.1 Store Sales
6.2.2 Online
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cup Noodles Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cup Noodles Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Cup Noodles Analysis and Forecast
9.1 Introduction
9.2 North America Cup Noodles Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Cup Noodles Market Size Forecast by Type
9.6.1 Mini Packaged (90g and below）
9.6.2 Normal Packaged (Above 90g)
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Cup Noodles Market Size Forecast by Applications
9.10.1 Store Sales
9.10.2 Online
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Cup Noodles Analysis and Forecast
10.1 Introduction
10.2 Europe Cup Noodles Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Cup Noodles Market Size Forecast by Type
10.6.1 Mini Packaged (90g and below）
10.6.2 Normal Packaged (Above 90g)
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Cup Noodles Market Size Forecast by Applications
10.10.1 Store Sales
10.10.2 Online
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Cup Noodles Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cup Noodles Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Cup Noodles Market Size Forecast by Type
11.6.1 Mini Packaged (90g and below）
11.6.2 Normal Packaged (Above 90g)
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Cup Noodles Market Size Forecast by Applications
11.10.1 Store Sales
11.10.2 Online
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Cup Noodles Analysis and Forecast
12.1 Introduction
12.2 Latin America Cup Noodles Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Cup Noodles Market Size Forecast by Type
12.6.1 Mini Packaged (90g and below）
12.6.2 Normal Packaged (Above 90g)
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Cup Noodles Market Size Forecast by Applications
12.10.1 Store Sales
12.10.2 Online
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Cup Noodles Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cup Noodles Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Cup Noodles Market Size Forecast by Type
13.6.1 Mini Packaged (90g and below）
13.6.2 Normal Packaged (Above 90g)
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Cup Noodles Market Size Forecast by Applications
13.10.1 Store Sales
13.10.2 Online
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cup Noodles Market: Competitive Dashboard
14.2 Global Cup Noodles Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nissin Foods
14.3.2 Indofood
14.3.3 Unilever
14.3.4 Monde Nissin
14.3.5 Winner foods
14.3.6 Korea Yakult (Paldo)
14.3.7 Capital Foods
14.3.8 Uni-President
14.3.9 Thai President Foods
14.3.10 Mamee Double-Decker
14.3.11 Nestle
14.3.12 Toyo Suisan
14.3.13 Tat Hui Foods
14.3.14 Vietnam Food Industries
14.3.15 Acecook
14.3.16 Buitoni
14.3.17 CleanFoods
14.3.18 Mivina
14.3.19 Mr Lee's Pure Foods Co.
14.3.20 Nongshim
14.3.21 Nyor Nyar Curry
14.3.22 Ottogi
14.3.23 Patanjali Ayurved
14.3.24 Premier Foods
14.3.25 Prima Food
14.3.26 Rollton
14.3.27 Samyang Food
14.3.28 GBfoods
