Market Overview:
The global oil-fried instant noodles market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The growth in the market can be attributed to factors such as rising disposable income, changing lifestyle, and increasing demand for convenience food products. In terms of type, the cup & bowl packaged segment is expected to dominate the global oil-fried instant noodles market during the forecast period owing to its easy portability and convenience offered to consumers. In terms of application, store sales are expected to dominate the global oil-fried instant noodles market during the forecast period owing to growing trend of online retailing across different regions.
Product Definition:
Oil-fried Instant Noodles is a type of instant noodles that are pre-fried in oil. This gives them a crispy texture and flavor that is different from traditional instant noodles. Oil-fried Instant Noodles are typically eaten as snacks or side dishes, and can be found in many convenience stores and supermarkets.
Cup & Bowl Packaged:
Cup & bowl packaged is a form of cup and bowl instant noodles. It consists of a plastic or glass cup with the noodle packet inside it. The growth factor for this market is due to its convenience, portability, cost effectiveness and environmental friendliness nature.
Bag Packaged:
Bag packaged food is a method of packaging in which the product is placed into a plastic or paper bag, followed by the use of a hot water bath to seal the bag. The food item is then ready to be fried along with being able to make instant noodles from it. It's an easy and fast way of packing for on-the-go consumption as well as making quick meals at home more convenient.
Application Insights:
The store sales application segment held the largest share of over 60.0% in 2017. The growth can be attributed to increasing consumer disposable income and rising spending on food items in the emerging economies including China, India and Brazil. Rising demand for packaged foods is also propelling product demand from stores where consumers prefer to buy their favorite meals instead of preparing them at home owing to busy schedules or lack of interest in cooking exotic food items. This factor is expected to drive industry expansion over the forecast period as convenience stores are a preferred channel for purchasing ready-to-eat products such as microwaveable rice bowls, noodle soups and other snacks among working professionals who have hectic daily schedules.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing disposable income and changing lifestyles of consumers, which has led them to prefer packaged food products over home-cooked meals. Rising demand for instant noodles as a quick option for breakfast or lunch will also boost industry growth in Asia Pacific.
North America is expected to grow at a significant rate from 2018 to 2030 due high consumption of packaged foods among millennials and adults in countries such as U.S., Canada, and Mexico.
Growth Factors:
- Increasing disposable income of the population: The disposable income of the population is increasing, which is resulting in an increase in the demand for convenience foods such as oil-fried instant noodles.
- Urbanization: The trend of urbanization is leading to an increase in the number of working women, who are looking for convenient food options that can be prepared quickly.
- Changing lifestyles: There is a growing preference among consumers for healthy and nutritious food options over unhealthy processed foods. However, oil-fried instant noodles still remain popular due to their convenience and affordability.
- Growing awareness about health and nutrition: Consumers are becoming more aware about the health benefits of eating healthy foods, which is driving them towards healthier alternatives such as oil-fried instant noodles instead of traditional fried noodles made with oils or fats.
Scope Of The Report
Report Attributes
Report Details
Report Title
Oil-fried Instant Noodles Market Research Report
By Type
Cup & Bowl Packaged, Bag Packaged
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
197
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Oil-fried Instant Noodles Market Report Segments:
The global Oil-fried Instant Noodles market is segmented on the basis of:
Types
Cup & Bowl Packaged, Bag Packaged
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 Oil-fried Instant 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:
- Cup & Bowl Packaged
- Bag Packaged
- 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 Oil-fried Instant 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?
Oil-fried instant noodles are a type of Chinese noodle that is typically made from wheat flour and oil. They are often served as an appetizer or snack, and can be fried in either vegetable or chicken oil.
Some of the major players in the oil-fried instant 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 oil-fried instant 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 Oil-fried Instant 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 Oil-fried Instant Noodles Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Oil-fried Instant 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 Oil-fried Instant 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 Oil-fried Instant Noodles Market Size & Forecast, 2018-2028
4.5.1 Oil-fried Instant Noodles Market Size and Y-o-Y Growth
4.5.2 Oil-fried Instant Noodles Market Absolute $ Opportunity
Chapter 5 Global Oil-fried Instant 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 Oil-fried Instant Noodles Market Size Forecast by Type
5.2.1 Cup & Bowl Packaged
5.2.2 Bag Packaged
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Oil-fried Instant 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 Oil-fried Instant 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 Oil-fried Instant 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 Oil-fried Instant 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 Oil-fried Instant Noodles Analysis and Forecast
9.1 Introduction
9.2 North America Oil-fried Instant 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 Oil-fried Instant Noodles Market Size Forecast by Type
9.6.1 Cup & Bowl Packaged
9.6.2 Bag Packaged
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 Oil-fried Instant 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 Oil-fried Instant Noodles Analysis and Forecast
10.1 Introduction
10.2 Europe Oil-fried Instant 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 Oil-fried Instant Noodles Market Size Forecast by Type
10.6.1 Cup & Bowl Packaged
10.6.2 Bag Packaged
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 Oil-fried Instant 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 Oil-fried Instant Noodles Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Oil-fried Instant 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 Oil-fried Instant Noodles Market Size Forecast by Type
11.6.1 Cup & Bowl Packaged
11.6.2 Bag Packaged
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 Oil-fried Instant 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 Oil-fried Instant Noodles Analysis and Forecast
12.1 Introduction
12.2 Latin America Oil-fried Instant 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 Oil-fried Instant Noodles Market Size Forecast by Type
12.6.1 Cup & Bowl Packaged
12.6.2 Bag Packaged
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 Oil-fried Instant 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) Oil-fried Instant Noodles Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Oil-fried Instant 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) Oil-fried Instant Noodles Market Size Forecast by Type
13.6.1 Cup & Bowl Packaged
13.6.2 Bag Packaged
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) Oil-fried Instant 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 Oil-fried Instant Noodles Market: Competitive Dashboard
14.2 Global Oil-fried Instant 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
