Global Market for Instant Noodles
Dublin, May 24, 2022 (GLOBE NEWSWIRE) -- The "Instant Noodles - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Global Instant Noodles Market to Reach $38.5 Billion by 2027
The global market for Instant Noodles estimated at US$31.1 Billion in the year 2020, is projected to reach a revised size of US$38.5 Billion by 2027, growing at a CAGR of 3.1% over the period 2020-2027.
Packet, one of the segments analyzed in the report, is projected to record 3% CAGR and reach US$24.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Cup / Bowl segment is readjusted to a revised 3.3% CAGR for the next 7-year period.
The U.S. Market is Estimated at $8.4 Billion, While China is Forecast to Grow at 5% CAGR
The Instant Noodles market in the U.S. is estimated at US$8.4 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$7.5 Billion by the year 2027 trailing a CAGR of 5% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.9% and 2.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.4% CAGR.
What's New for 2022?
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to the publisher's digital archives and Research Platform
Complimentary updates for one year
Key Topics Covered:
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Oodles of Noodles for Consumers amid COVID-19 Pandemic
Instant Noodles Manufacturers Explore Healthier Product Variants Amid COVID-19 Pandemic
The World Gets a Taste of Japan
An Introduction to Instant Noodles
Types of Noodles
Noodles Based on Packaging
Global Market Prospects & Outlook
Instant Noodle Brands Bet on Innovation & Healthier Options to Stay Competitive
Chicken & Wheat Products: Star Performers of Global Instant Noodles Market
Asia-Pacific Remains at Forefront of Global Instant Noodle Market
Major Instant Noodle Brands in Select Countries Worldwide
Popular Noodle Varieties in Various Geographic Regions
China Continues to Lead Global Instant Noodle Sales
South Korea: The Nation with the Highest Per Capita Consumption
North American Instant Noodles Market on Blissful Sojourn
Recent Market Activity
2. FOCUS ON SELECT PLAYERS (Total 131 Featured)
Acecook Vietnam Joint Stock Company
Ajinomoto Co., Inc.
Kohlico Brands UK Ltd.
Mamee Double-Decker Sdn Bhd
Nestle India Limited
Nissin Food Products 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
Toyo Suisan Kaisha Ltd
Uni-President (Philippines) Corporation
3. MARKET TRENDS & DRIVERS
Rising Demand for Processed, Convenience Foods Supports Sales of Instant Noodles
Expanding Population, Urbanization Trend and Changing Consumption Patterns Influence Instant Noodles Sales
Product Innovation: The Game Changer for Noodle Makers
Health & Sustainability Trending Big in Global Instant Noodles Market
Instant Noodles Gain Prominence as a Vehicle for Food Fortification
Potential Role of Fortified Wheat Instant Noodles in Reducing Nutritional Deficiencies
Industry Players Focus on Premium Variants as Lower-Price Noodles Market Saturates
Robust Demand for Instant Noodles Presents Wheat as a Profitable Crop
Rice Noodles Emerge as a Healthy Alternative to Other Instant Noodles
Concerns over Health Implications of Instant Noodles: A Major Restraint
Revolutionizing Impact of Instant Ramen Alarms Keepers of Culinary Cultures
Ingredient Profile: What Goes Into Making Noodles?
Wheat: A Major Ingredient
Buckwheat, Mung Bean & Soy Flour Gain in Popularity
A Peek into the Manufacturing Process
Flavors: An Indispensable, Delicious Theme for Instant Noodles
Spicy Flavors Continue to Drive Popularity of Instant Noodles in Asia-Pacific
Supermarkets & Hypermarkets Continue to Lead Market, Online Sales of Instant Noodles Make Strong Gains
4. GLOBAL MARKET PERSPECTIVE
III. REGIONAL MARKET ANALYSIS
For more information about this report visit https://www.researchandmarkets.com/r/b8n5l4
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