Instant Noodles Market Size, Share, Future Growth Opportunities & Industry Forecast by 2026
Instant Noodles Market Research Report provides a detailed analysis of market size, share, growth, overview, and 2026 forecast.
New York, United States – May 29, 2020 /MarketersMedia/ —
Instant noodles are sold in a precooked and dried noodle block, with flavoring powder and seasoning oil. The flavoring is usually in a separate packet, although in the case of cup noodles the flavoring is often loose in the cup. Some instant noodle products are seal packed; these can be reheated or eaten straight from the packet/container. Dried noodle blocks are cooked or soaked in boiling water before eating. The main ingredients used in dried noodles are usually wheat flour, palm oil, and salt. Common ingredients in the flavoring powder are salt, monosodium glutamate, seasoning, and sugar. The dried noodle block was originally created by flash frying cooked noodles, and this is still the main method used in Asian countries, but air-dried noodle blocks are favored in Western countries.
This report also covers the recent COVID-19 and its impact on Instant Noodles Market. The pandemic has widely affected the economic scenario. This study assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the market.
The rapid urbanization process and the increase in the middle-class population in developing countries are promoting the development of the global instant noodle market. As a convenience food, instant noodles are popular with many office workers and students, and they require minimal cooking time and skills. In order to cater to the tastes of consumers, instant noodle manufacturers have launched a variety of flavor products, and continue to optimize the mix of spices. The continuous innovation of products is conducive to meeting the increasingly diverse needs of consumers.
However, the health of instant noodles has been criticized by many people. With the increase in the number of obese and diabetic people worldwide, more people are beginning to pay attention to food health issues and pay more attention to the combination of ingredients. At present, most of the instant noodles on the market have low nutritional value and compared with other foods, instant noodles contain a large amount of fat and carbohydrates. Therefore, many people began to consciously reduce the consumption of instant noodles. These reasons constrained the development of the instant noodle market.
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The Major Players Profiled in This Report Include:
Acecook Vietnam Joint Stock Company
Ajinomoto Co. Inc.
Blue Dragon
Kohlico Group
Mamee-Double Decker (M) Berhad
Nestlé India Ltd.
New Dragon Asia Food (Yantai) Co., Ltd.
Nissin Foods Holdings Co., Ltd.
Nong Shim Co., Ltd.
PT. Indofood Sukses Makmur TBK
Samyang Foods Co., Ltd.
Sco-Fro Foods Ltd.
Tat Hui Foods Pte Ltd.
Thai President Foods Public Company Limited
Tingyi (Cayman Islands) Holding Corp.
Toyo Suisan Kaisha, Ltd.
Uni-President Enterprises Corp.
The instant noodle market is high concentrated, with different leading manufacturers in different countries, and local manufacturers tend to better understand the tastes consumers love. Tingyi (Cayman Islands) Holding Corp. is one of the largest instant noodle manufacturers in the world. It is a subsidiary of Ting Hsin International in Taiwan, and it is a leading industry in China.
The Type and Application Analysis:
On the basis of type, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each type, primarily split into:
Packets
Cups
On the basis of application, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each application/end users, primarily divided into:
Supermarkets & Hypermarkets
Convenience Stores
Others
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The global instant noodle market has a large capacity, and China is the largest market. Indonesia, India, Japan, Vietnam and other countries in the Asia-Pacific region also have great demand for instant noodles. However, due to the impact of takeaway food on the instant noodle market, China’s instant noodle products are developing towards high-end, differentiated, and healthy. With the continuous improvement of people’s living standards, high-end instant noodles will become a market with huge potential.
Instant Noodles Report Table of Content:
Chapter 1 Report Overview
Chapter 2 Market Trends and Competitive Landscape
Chapter 3 Segmentation of Instant Noodles Market by Types
Chapter 4 Segmentation of Instant Noodles Market by End-Users
Chapter 5 Market Analysis by Major Regions
Chapter 6 Product Commodity of Instant Noodles Market in Major Countries
Chapter 7 North America Instant Noodles Landscape Analysis
Chapter 8 Europe Instant Noodles Landscape Analysis
Chapter 9 Asia Pacific Instant Noodles Landscape Analysis
Chapter 10 Latin America, Middle East & Africa Instant Noodles Landscape Analysis
Chapter 11 Major Players Profile
11.1 Blue Dragon
11.1.1 Blue Dragon Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 Kohlico Group
11.2.1 Kohlico Group Profile and Recent Development
11.2.2 Market Performance
11.2.3 Product and Service Introduction
11.3 Nestlé India Ltd.
11.3.1 Nestlé India Ltd. Company Profile and Recent Development
11.3.2 Market Performance
11.3.3 Product and Service Introduction
…
Chapter 12 Data Source and Research Methodology
The List of Tables and Figures (Totals 94 Figures and 164 Tables)
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Instant Noodles Report Provide:
Potential opportunities and challenges analysis in the Instant Noodles market.
Current and future market outlook in the developed and emerging regional markets.
Detailed analysis of the segment that is expected to dominate the market.
Regions that are expected to witness the fastest growth during the forecast period.
Identify the latest developments, market shares, and strategies employed by the major market players.
Comprehensive & in-depth research and after-sales warranty by Global Market Monitor.
Analysis of Influences of COVID-19 to the present and future Instant Noodles market and related industry.
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