Market Overview:
The global instant ramen 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 fried type segment is expected to dominate the global instant ramen market during the forecast period owing to its high popularity among consumers. However, non-fried type segment is projected to grow at a higher CAGR due to increasing health consciousness among consumers across the globe.
Product Definition:
Instant Ramen is a pre-packaged, dried noodle dish that can be quickly boiled in water and served with various toppings. It is a popular convenience food item in many countries and often costs less than one U.S. dollar per serving.
Fried Type:
Fried type is a new term in the instant ramen market. It was first used by an American company, Top Ramen in their product name “Top Fried”. The concept of fried type came into existence due to the fact that instant ramen noodles are made from flour and eggs which are deep-fried to give it a crispy texture and taste.
Non-fried Type:
Non-fried type is a new product in the instant ramen market. It was first introduced by Nissin Foods, one of the largest food groups in Japan. The main ingredients of non-fried type are pork and chicken based products such as meatballs, slices, chunks and others which are then mixed with other flavorings such as vegetables etc to make a complete dish.
The major difference between fried.
Application Insights:
Restaurant was the largest application segment in 2017 and is expected to witness significant growth over the forecast period. The product has a ready-to-eat form, which makes it suitable for use in restaurants as well as other food service industries. Growing preference for Japanese cuisine across various regions is anticipated to boost demand from restaurant applications over the forecast period.
Individuals application segment accounted for a share of more than 30% in 2017 and is expected to grow at fastest rate during forecast years due to growing awareness about health benefits associated with instant ramen noodles. Rising disposable income levels coupled with easy availability of products are likely to propel demand from individuals applications over the next few years.
Regional Analysis:
Asia Pacific dominated the global instant ramen market in 2017. The region is expected to witness a significant growth rate of 6.4% from 2018 to 2030 owing to increasing consumer preference for noodles as an alternative option for rice, which will drive the demand over the forecast period. Furthermore, rising disposable income and changing eating habits of consumers are anticipated to fuel regional product demand over the coming years.
North America is projected to be one of the fastest-growing regions during the forecast period owing to growing consumer awareness about health and diet plans along with increasing spending on convenience food products in U.S.
Growth Factors:
- Increasing disposable income of millennials: Instant ramen is an affordable and convenient meal option, which is why it is popular among millennials. As their disposable income increases, the demand for instant ramen will also grow.
- Growing popularity of Asian cuisine: The popularity of Asian cuisine is on the rise and this trend is expected to continue in the future. This will benefit instant ramen brands that offer flavors from Asia.
- Proliferation of convenience stores: Convenience stores are becoming increasingly popular and this trend is likely to continue in the future. This will benefit instant ramen brands as they can reach a larger audience through these stores.
Scope Of The Report
Report Attributes
Report Details
Report Title
Instant Ramen Market Research Report
By Type
Fried Type, Non-fried Type
By Application
Individuals, Restaurant, Others
By Companies
Master Kong, Indofood, Nissin Foods, Uni-President, Nong Shim, Jinmailang, Baixiang, Maruchan, Acecook Vietnam, TF, Nestle, Vietnam Food Industries, Sanyo Foods, Monde Nissin, Mareven Food Central, Universal Robina
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
183
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Instant Ramen Market Report Segments:
The global Instant Ramen market is segmented on the basis of:
Types
Fried Type, Non-fried Type
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
Individuals, Restaurant, Others
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:
- Master Kong
- Indofood
- Nissin Foods
- Uni-President
- Nong Shim
- Jinmailang
- Baixiang
- Maruchan
- Acecook Vietnam
- TF
- Nestle
- Vietnam Food Industries
- Sanyo Foods
- Monde Nissin
- Mareven Food Central
- Universal Robina
Highlights of The Instant Ramen 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:
- Fried Type
- Non-fried Type
- By Application:
- Individuals
- Restaurant
- Others
- 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 Instant Ramen 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Instant Ramen is a type of instant noodles that are pre-packaged and ready to eat. They are made with a variety of ingredients, including ramen noodles, water, seasoning packets, and oil.
Some of the major companies in the instant ramen market are Master Kong, Indofood, Nissin Foods, Uni-President, Nong Shim, Jinmailang, Baixiang, Maruchan, Acecook Vietnam, TF, Nestle, Vietnam Food Industries, Sanyo Foods, Monde Nissin, Mareven Food Central, Universal Robina.
The instant ramen market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Instant Ramen 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 Instant Ramen Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Instant Ramen 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 Instant Ramen 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 Instant Ramen Market Size & Forecast, 2018-2028
4.5.1 Instant Ramen Market Size and Y-o-Y Growth
4.5.2 Instant Ramen Market Absolute $ Opportunity
Chapter 5 Global Instant Ramen 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 Instant Ramen Market Size Forecast by Type
5.2.1 Fried Type
5.2.2 Non-fried Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Instant Ramen 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 Instant Ramen Market Size Forecast by Applications
6.2.1 Individuals
6.2.2 Restaurant
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Instant Ramen 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 Instant Ramen 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 Instant Ramen Analysis and Forecast
9.1 Introduction
9.2 North America Instant Ramen 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 Instant Ramen Market Size Forecast by Type
9.6.1 Fried Type
9.6.2 Non-fried Type
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 Instant Ramen Market Size Forecast by Applications
9.10.1 Individuals
9.10.2 Restaurant
9.10.3 Others
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 Instant Ramen Analysis and Forecast
10.1 Introduction
10.2 Europe Instant Ramen 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 Instant Ramen Market Size Forecast by Type
10.6.1 Fried Type
10.6.2 Non-fried Type
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 Instant Ramen Market Size Forecast by Applications
10.10.1 Individuals
10.10.2 Restaurant
10.10.3 Others
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 Instant Ramen Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Instant Ramen 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 Instant Ramen Market Size Forecast by Type
11.6.1 Fried Type
11.6.2 Non-fried Type
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 Instant Ramen Market Size Forecast by Applications
11.10.1 Individuals
11.10.2 Restaurant
11.10.3 Others
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 Instant Ramen Analysis and Forecast
12.1 Introduction
12.2 Latin America Instant Ramen 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 Instant Ramen Market Size Forecast by Type
12.6.1 Fried Type
12.6.2 Non-fried Type
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 Instant Ramen Market Size Forecast by Applications
12.10.1 Individuals
12.10.2 Restaurant
12.10.3 Others
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) Instant Ramen Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Instant Ramen 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) Instant Ramen Market Size Forecast by Type
13.6.1 Fried Type
13.6.2 Non-fried Type
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) Instant Ramen Market Size Forecast by Applications
13.10.1 Individuals
13.10.2 Restaurant
13.10.3 Others
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 Instant Ramen Market: Competitive Dashboard
14.2 Global Instant Ramen Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Master Kong
14.3.2 Indofood
14.3.3 Nissin Foods
14.3.4 Uni-President
14.3.5 Nong Shim
14.3.6 Jinmailang
14.3.7 Baixiang
14.3.8 Maruchan
14.3.9 Acecook Vietnam
14.3.10 TF
14.3.11 Nestle
14.3.12 Vietnam Food Industries
14.3.13 Sanyo Foods
14.3.14 Monde Nissin
14.3.15 Mareven Food Central
14.3.16 Universal Robina
