E N D
Coherent Market Insights Market Research and Business Consulting Services https://www.coherentmarketinsights.com/ COVID-19 Impact Tracker
INSTANT NOODLES MARKET ANALYSIS • Instant Noodles Market, by Product Type (Fried and Non-fried), by Distribution Channel (Hypermarkets, Supermarkets, Specialty Stores, Online Stores, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) –Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2019 – 2027 • Instant noodles are a convenient food item available in dried and precooked form together with seasoning oil and flavoring powder. Noodles are made from flour and alkaline mixtures. Other ingredients added in noodles’ dough include edible oil, starch, and stabilizers. Instant noodles are gaining popularity worldwide owing to factors such as its easy portability, easy to cook, and longer storage capability.
Global instant noodles market is expected to record significant growth over the forecast period, owing to rising urbanization, increasing number of working women, and changing lifestyle of people. According to The World Bank Statistics published, the rate of female labor force of total labor force increased from 38.9% in 2012 to 39.0% in 2018, globally. • Furthermore, demand for instant noodles is increasing, owing to hectic lifestyle of the population, resulting in shifting preferences towards convenience food. Rising disposable income of the population coupled with inclination towards convenience food such as noodles is expected to increase demand for instant noodles over the forecast period (2019–2027). According to Trading Economics, the aggregate personal disposable income in the U.S. increased from US$ 14,000 billion in 2016 to US$ 16,500 billion in September 2019. • On the basis of product type, the global instant noodles market is segmented into fried and non-fried noodles. In 2018, fried instant noodles segment held the dominant share in the global market. On the contrary, non-fried noodles are projected to record fastest growth over the forecast period, owing to lower fat content. Non-fried noodles contain one-fourth of fat (4-6g/ 100 g) when compared with dried noodles, which contains around 20g of fat. Increasing diseases associated with high consumption of fats such as high-blood pressure, osteoporosis, and heart diseases is shifting consumer preferences towards healthy eating, resulting in high demand for non-fried noodles in the near future. • Based on distribution channel, in 2018, hypermarkets and supermarkets segments together accounted for the largest market share in terms of revenue in the global instant noodles market, • attributing to availability of large variety of products and offers on various brands in hypermarkets and supermarkets. • Innovation in products and value-addition in packaging, and entry of new players are some more factors expected to aid in growth of the market. Furthermore, launch of new flavors such as classic masala and chicken flavor, Indo-Chinese, Tomato, and others, by several companies including Nestlé is contributing to higher demand for instant noodles in the near future.
Key Players:Major companies operating in the global instant noodles market are Nestlé SA, Hebei Hualong Food Group Co., Ltd., Nissin Foods Holdings Co. Ltd., PT Indofood Sukses Makmur Tbk, Tingyi (Cayman Islands) Holding Corporation, Acecook Vietnam Joint Stock Company, and Toyo Suisan Kaisha, Ltd. • Market Taxonomy: • On the basis of product type, the global instant noodles market is segmented into: • Fried Noodles • Non-fried noodles • On the basis of distribution channel, the global instant noodles market is segmented into: • Hypermarkets • Supermarkets • Specialty Stores • Online Stores • Others
On the basis of region, the global instant noodles market is segmented into: • North America • U.S. • Canada • Latin America • Brazil • Mexico • Argentina • Rest of Latin America • Europe • U.K. • Germany • Italy • France • Russia • Spain • Rest of Europe
Asia Pacific • China • India • Japan • ASEAN • Australia • South Korea • Rest of Asia Pacific • Middle East • GCC • Israel • Rest of Middle East • Africa • North Africa • Central Africa • South Africa
Request Sample Report • Request Customization • Download PDF Brochure • Talk to Analyst • Buy Now • Reference : https://www.coherentmarketinsights.com/ongoing-insight/instant-noodles-market-3165
About Us Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. What we provide: • Customized Market Research Services • Industry Analysis Services • Business Consulting Services • Market Intelligence Services • Long term Engagement Model • Country Specific Analysis
Contact Us Mr. Shah Coherent Market Insights Pvt.Ltd. Address: 1001 4th Ave, #3200 Seattle, WA 98154, U.S. Phone: +1-206-701-67 Email : sales@coherentmarketinsights.com
Thank You! Kindly follow CMI Social Media Profiles for the latest company updates Facebook Linkedin Twitter https://www.coherentmarketinsights.com/