Market Overview:
The global instant noodle 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 increasing demand for convenience food products. In terms of type, the fried instant noodles segment is expected to dominate the market during the forecast period owing to its high demand among consumers. However, non-fried instant noodles are also gaining popularity among consumers due to their health benefits. In terms of application, home & office segment is projected to lead the market during the forecast period followed by restaurant and other applications segments respectively.
Product Definition:
Instant noodles are a precooked, dried noodle block that can be turned into a soup or stir-fry in minutes by adding boiling water. They come in many shapes and sizes, but the most popular type is the round, white block that is sold in individual packets. Instant noodles were invented in Japan by Momofuku Ando in 1958 and have since become a global phenomenon. They are an extremely popular food item for students and busy professionals because they are quick to prepare and easy to eat on the go. Instant noodles also provide an inexpensive source of nutrition, making them a popular choice for people living on a tight budget.
Fried:
Fried instant noodles are also known as fast food or ready-to-eat (RTE) noodles. They are usually made from wheat flour, rice flour, potato starch and cornstarch. The product is fried in oil before being packaged for consumption.
Non-fried:
Non-fried is a new term in the instant noodle market. It means that the product does not contain oil as it is made from plant based ingredients and therefore, there is no need to deep fry them to make them crispy. The concept of non-fried food has been attracting many consumers who are health conscious and do not want to eat foods that contain high amount of fat or cholesterol.
Growing health concerns among consumers have been boosting demand for healthy instant noodles globally.
Application Insights:
The restaurant segment led the global instant noodle market in 2017. Instant noodles are a convenient and nutritious food that can be eaten on the go. The growing preference for eating out and having a quick meal has been driving demand for instant noodles in restaurants across the world. A significant number of consumers prefer to dine out than cook at home due to social occasions or business meetings where they need to serve a large group of people with different dietary requirements, such as lactose intolerant people or vegans who do not eat any animal products like eggs or meat, seafood, poultry or dairy products like cheese and yogurt. This factor is expected to drive demand over the forecast period as restaurants continue their dominance over home cooking due to consumer convenience along with cost-effectiveness among other factors influencing purchasing behavior at both public and private eateries around the globe.
Regional Analysis:
Asia Pacific dominated the global instant noodle market in 2017. The region is expected to continue its dominance over the forecast period as well. This can be attributed to increasing consumption of noodles, especially in countries such as Japan and China, which are among the top consumers of packaged food products. Moreover, rising penetration of international brands such as MTR Corporation Limited’s Meals Together Ready-to-Eat (MTRR) and Buitoni Pasta Products in these countries is anticipated to drive demand for convenience foods including instant noodles over the next eight years.
North America accounted for a significant share owing to growing consumer preference towards ready-to-eat meals that require no advance preparation or cooking time.
Growth Factors:
- Increasing disposable income of the population: This is leading to an increase in demand for convenience foods, such as instant noodles.
- Urbanization and changing lifestyles: This is leading to people having less time to cook meals from scratch, and hence a greater demand for convenient food options like instant noodles.
- Rising popularity of Asian cuisine: Instant noodles are a popular form of Asian cuisine, and their popularity is increasing globally as people become more interested in different types of food.
- Innovations in flavorings and packaging: Instant noodle manufacturers are constantly innovating with new flavors and packaging formats to appeal to consumers’ tastes. This helps keep the instant noodle market growing steadily over time.
Scope Of The Report
Report Attributes
Report Details
Report Title
Instant Noodle Market Research Report
By Type
Fried, Non-fried, Others
By Application
Home & Office, Restaurant, Other
By Companies
Nissin Foods, Unilever, Uni-President Enterprises Corporation, BaiXiang Food, MasterKong, Toyo Suisan, Thai President Foods, Sanyo Foods, Samyang Food, Premier Foods, Ottogi, Nongshim, Nestle, Indofood, Ajinomoto Group, Chaudhary Group, Capital Foods, Buitoni, Korea Yakult, Monde Nissin, Patanjali Ayurved, Symingtons, KOKA Noodles, Fukushima Foods, COFCO, Tat Hui Foods, Paldo
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Instant Noodle Market Report Segments:
The global Instant Noodle market is segmented on the basis of:
Types
Fried, Non-fried, Others
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
Home & Office, Restaurant, Other
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
- Unilever
- Uni-President Enterprises Corporation
- BaiXiang Food
- MasterKong
- Toyo Suisan
- Thai President Foods
- Sanyo Foods
- Samyang Food
- Premier Foods
- Ottogi
- Nongshim
- Nestle
- Indofood
- Ajinomoto Group
- Chaudhary Group
- Capital Foods
- Buitoni
- Korea Yakult
- Monde Nissin
- Patanjali Ayurved
- Symingtons
- KOKA Noodles
- Fukushima Foods
- COFCO
- Tat Hui Foods
- Paldo
Highlights of The Instant Noodle 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
- Non-fried
- Others
- By Application:
- Home & Office
- Restaurant
- Other
- 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 Noodle 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.
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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?
Instant Noodle is a brand of instant noodles that are made with a variety of ingredients, including vegetables, meat, and seafood.
Some of the major players in the instant noodle market are Nissin Foods, Unilever, Uni-President Enterprises Corporation, BaiXiang Food, MasterKong, Toyo Suisan, Thai President Foods, Sanyo Foods, Samyang Food, Premier Foods, Ottogi, Nongshim, Nestle, Indofood, Ajinomoto Group, Chaudhary Group, Capital Foods, Buitoni, Korea Yakult, Monde Nissin, Patanjali Ayurved, Symingtons, KOKA Noodles, Fukushima Foods, COFCO, Tat Hui Foods, Paldo.
The instant noodle market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Instant Noodle Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Instant Noodle Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Instant Noodle Market - Supply Chain
4.5. Global Instant Noodle Market Forecast
4.5.1. Instant Noodle Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Instant Noodle Market Size (000 Units) and Y-o-Y Growth
4.5.3. Instant Noodle Market Absolute $ Opportunity
5. Global Instant Noodle Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Instant Noodle Market Size and Volume Forecast by Type
5.3.1. Fried
5.3.2. Non-fried
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Instant Noodle Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Instant Noodle Market Size and Volume Forecast by Application
6.3.1. Home & Office
6.3.2. Restaurant
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Instant Noodle Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Instant Noodle Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Instant Noodle Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Instant Noodle Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Instant Noodle Demand Share Forecast, 2019-2026
9. North America Instant Noodle Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Instant Noodle Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Instant Noodle Market Size and Volume Forecast by Application
9.4.1. Home & Office
9.4.2. Restaurant
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Instant Noodle Market Size and Volume Forecast by Type
9.7.1. Fried
9.7.2. Non-fried
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Instant Noodle Demand Share Forecast, 2019-2026
10. Latin America Instant Noodle Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Instant Noodle Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Instant Noodle Market Size and Volume Forecast by Application
10.4.1. Home & Office
10.4.2. Restaurant
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Instant Noodle Market Size and Volume Forecast by Type
10.7.1. Fried
10.7.2. Non-fried
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Instant Noodle Demand Share Forecast, 2019-2026
11. Europe Instant Noodle Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Instant Noodle Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Instant Noodle Market Size and Volume Forecast by Application
11.4.1. Home & Office
11.4.2. Restaurant
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Instant Noodle Market Size and Volume Forecast by Type
11.7.1. Fried
11.7.2. Non-fried
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. B Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Instant Noodle Demand Share, 2019-2026
12. Asia Pacific Instant Noodle Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Instant Noodle Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Instant Noodle Market Size and Volume Forecast by Application
12.4.1. Home & Office
12.4.2. Restaurant
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Instant Noodle Market Size and Volume Forecast by Type
12.7.1. Fried
12.7.2. Non-fried
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Instant Noodle Demand Share, 2019-2026
13. Middle East & Africa Instant Noodle Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Instant Noodle Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Instant Noodle Market Size and Volume Forecast by Application
13.4.1. Home & Office
13.4.2. Restaurant
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Instant Noodle Market Size and Volume Forecast by Type
13.7.1. Fried
13.7.2. Non-fried
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Instant Noodle Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Instant Noodle Market: Market Share Analysis
14.2. Instant Noodle Distributors and Customers
14.3. Instant Noodle Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Nissin Foods
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Unilever
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Uni-President Enterprises Corporation
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. BaiXiang Food
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. MasterKong
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Toyo Suisan
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Thai President Foods
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Sanyo Foods
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Samyang Food
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Premier Foods
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Ottogi
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Nongshim
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Nestle
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Indofood
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Ajinomoto Group
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Chaudhary Group
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Capital Foods
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Buitoni
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Korea Yakult
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Monde Nissin
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
