Jul 14, 2020 (The Expresswire) -- Global Instant Noodles Market 2020 Research Report offers up-to-date information and historical data on Instant Noodles market. The study provides historic data along with a forecast based on both sales and revenue. Instant Noodles Market Report is a proficient and in-depth research report on the world’s major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific). It covers the market landscape and its growth prospects over the coming years.
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The objective of the study is to define market sizes of different segments and countries in previous years and to forecast the values to the next Five years. The report is designed to incorporate both qualify qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as drivers and restraining factors which will define the future growth of the Instant Noodles market.
Instant noodles are made from wheat flour, starch, water, salt or (an alkaline salt mixture of sodium carbonate, potassium carbonate, and sodium phosphate), and other texture and flavour enhancer of noodles. Other flours are sometimes mixed with wheat flour to make fortified instant noodles; for example, buckwheat flour is added at 10-40% of wheat flour in the production of buckwheat noodles. The popular noodles include instant Chinese noodles, instant Japanese noodles, and instant European style noodles, which vary in the basic ingredients used to make the noodles.
Instant noodles have become one of the worldâ€™s most popular food items owing to its versatility and convenience. This product is one of the first ready-to-eat foods launched widely in the global food industry and now it has successfully become an important part of modern lifestyle. The present day instant noodles symbolizes convenience, quality and health. Instant noodles market has undergone many innovations in recent years which have led to the introduction of multiple flavors of the product in the market suiting to local preferences. With widespread acceptance of the product, instant noodle has become a daily product in majority of the nations across the globe. Demand for the product is driven by convenience, low cost and product variety. However heath concerns related to consumption of instant noodles on a regular basis does pose challenge to its demand. So, the manufacturers focused on RandD, so as to come up with nutritional product line of this ready to eat food. The major trends observed in the global instant noodles market are product innovation; focus on nutritional value of product and instant marketing of instant noodles.
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China accounts for highest percentage share in terms of export of Instant noodles. Demand of China instant noodles was 41,980 Billion packs servings in 2010 which is increased to 43,979 Billion packs servings in 2014. However, Global demand of instant noodles reached 102.75 billion units in 2014 making China contribution above 43% of worldâ€™s consumption. Chinese Instant noodles market witnessed a high growth from US$ 8.4 billion in 2008 to US$ 14.5 billion in 2015. Recognising the countryâ€™s great potential for sustained growth and global leadership in the industry, the Chinese government is sparing no expense to put companies and innovation on the map. This support from the Chinese Government has boosted the production and processing of Instant noodles. APAC dominates the Global Instant Noodles Market due to rising demand for convenience packaged food and rising demand for instant noodles. However, North America region will witness the fastest market growth due to globalization and rising women working class population in the region.
The leading market players in the global instant noodles market primarily are Nestle SA (Switzerland), Ajinomoto Co., Inc. (Japan), The Unilever Group (Pot Noodles) (U.K.), Campbell Soup Company (U.S.), Nissin Foods Co., Ltd (Hong Kong), Capital Foods Limited (India), ITC Limited (India).
Study Objectives of instant noodles Market Forecast to 2023
Detailed analysis for individual micro and macro markets for instant noodles
To estimate market size by Packaging, Broth, Source and Region
To understand the supply and demand dynamics of instant noodles
Company profiling of major players and competitive positioning for the instant noodles market
Value chain analysis and supply chain analysis of instant noodles
Analysis of historical market trends, and technologies, and current government regulatory requirements related to instant noodles market
Instant noodles manufacturers
Food Service industries
Retailers and wholesalers
Traders, importers and exporters
The emergence of instant noodles has added a new dimension to consumersâ€™ meals; noodles are being consumed not just by kids (who are the core target audience) as an evening snack or a â€˜tiffinâ€™ meal but by consumers across all age groups, as an eating option beyond the â€˜mundaneâ€™ ones. While it continues to be a home snack, it is also increasingly being consumed at workplace, colleges, etc. Geographically too, the appetite for instant noodles is growing with players now eyeing the semi-urban and rural markets. The categoryâ€™s penetration is low in India (~20-25%), thus presenting a lucrative opportunity for growth.
Players present in the space are innovating and adding value to establish a unique brand proposition in the consumersâ€™ mind. Some of the major developments in this direction include: o Introduction of new flavors. To kindle the consumerâ€™s interest in the category and also cater to the diverse and changing tastes of the consumer, instant noodles brands constantly enhance their product offerings by adding new flavors. In addition to the classic Masala and Chicken flavors, a wide range of flavors including Indo-Chinese, Chinese, tomato, etc. have been launched.
Regional and Country Analysis of instant noodles market development and demand Forecast to 2023 Market
As per the analysis, global instant noodles market has witnessed significant growth in recent years and Volume is projected to reach 133.14 Billion packs, and will grow at a CAGR of 5% by 2023. However, global instant noodles market value will grow at a CAGR of 5.18%. APAC dominates the market and accounted value of 49.35 Billion packs in 2017, however Volume is estimated to reach 66.17 Billion packs by 2023 and will grow at a CAGR of 5.02 % CAGR. Moreover, Europe is projected to grow at a highest CAGR of 5.59 %, Volume will reach 66.17 Billion packs.
The reports also cover country level analysis:
o Rest of Europe
Asia â€“ Pacific
o Rest of Asia Pacific
o Latin America
o Middle East
Key Features of Instant Noodles Market Research Report:
This report provides detail analysis of the market and have a comprehensive understanding of the Instant Noodles market and its commercial landscape.
Learn about the various market strategies that are being adopted by leading companies.
It provides a five-year forecast assessed based on how the Instant Noodles market is predicted to grow.
It provides insightful analysis of changing competition dynamics and keeps you ahead of competitors.
To understand the future scope and outlooks for the Instant Noodles market.
Geographically , this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Instant Noodles in these regions, from 2015 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
This Instant Noodles Market Research/Analysis Report Contains Answers to your following Questions
Which Manufacturing Technology is used for Instant Noodles? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
Who Are the Global Key Players in This Instant Noodles Market? What are Their Company Profile, Their Product Information, and Contact Information?
What Was Global Market Status of Instant Noodles Market? What Was Capacity, Production Value, Cost and PROFIT of Instant Noodles Market?
What Is Current Market Status of Instant Noodles Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Instant Noodles Market by Taking Applications and Types in Consideration?
What Are Projections of Global Instant Noodles Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
What Is Instant Noodles Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
What Is Economic Impact On Instant Noodles Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
What Are Market Dynamics of Instant Noodles Market? What Are Challenges and Opportunities?
What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Instant Noodles Industry?
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Lastly, this report covers the market landscape and its growth prospects over the coming years, the Report also brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized details the potential for various applications, discussing about recent product innovations and gives an overview on potential regional market shares.
Total Chapters in Instant Noodles Market Report are:
Chapter 1 Overview of Instant Noodles Market
Chapter 2 Global Market Status and Forecast by Regions
Chapter 3 Global Market Status and Forecast by Types
Chapter 4 Global Market Status and Forecast by Downstream Industry
Chapter 5 North America Market Status by Countries, Type, Manufacturers and Downstream Industry
Chapter 6 Europe Market Status by Countries, Type, Manufacturers and Downstream Industry
Chapter 7 Asia Pacific Market Status by Countries, Type, Manufacturers and Downstream Industry
Chapter 8 Latin America Market Status by Countries, Type, Manufacturers and Downstream Industry
Chapter 9 Middle East and Africa Market Status by Countries, Type, Manufacturers and Downstream Industry
Chapter 10 Market Driving Factor Analysis of Low End Servers
Chapter 11 Instant Noodles Market Competition Status by Major Manufacturers
Chapter 12 Instant Noodles Major Manufacturers Introduction and Market Data
Chapter 13 Upstream and Downstream Market Analysis of Instant Noodles Market
Chapter 14 Cost and Gross Margin Analysis of Instant Noodles Market
Some of Major Points From Toc :
Table of Contents:
1 Report Prologue
2.1.1 Instant noodles
2.2 Scope of the Study
2.2.1 Research Methodology
2.5 Market Structure
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Forecast Model
4 Premium Insights
4.1 Global Instant Noodles Market: Market Mapping and Research Methodology
4.2 Market Overview: Global Instant Noodles Market
4.3 Industry Trends and Market Environment: Global Instant Noodles Market
5 Market Dynamics
5.2.1 Fortification of Instant Noodles
5.2.2 Increasing demand for convenience food
5.2.3 Increasing Disposable Incomes
5.2.4 Growing Working Women Population
5.2.5 Strong Performance Of Retail Sector
5.2.6 Strong performance of foodservice industry
5.2.7 Easier availability and efficiency in production
5.3.1 Consumer Acceptance
5.3.2 Regulatory Framework
5.4.2 Increasing demand of clean label products
5.4.3 Essential emergency relief supplies
5.5.1 Branding issues
5.5.2 Highly competitive market
6 Mega Trends
6.1 Instant noodles holds huge potential and ample scope of growth
6.2 Trade (Import-export) Analysis
6.3 Innovation in Broth and process