According to the global instant noodles market research report by IMARC Group, the market reached a value of USD 44 Billion in 2019. Looking forward, the market is expected to continue its moderate growth during the next five years.
Instant noodles are dried and precooked noodle blocks that are prepared from flour, starch, gluten, stabilizers and edible oil, along with various alkaline agents. They are dehydrated either by flash or air frying and usually come with a tastemaker sachet, which assists in enhancing the overall flavor of the product. Instant noodles are gaining popularity among consumers across the globe as they offer the convenience of being prepared quickly and stored easily.
Global Instant Noodles Market Trends:
Rapid urbanization, increasing disposable incomes and hectic schedules have shifted the preferences of the consumers towards ready-to-eat (RTE) food products, such as instant noodles, that can be prepared and consumed quickly. Moreover, manufacturers are adopting innovative packaging techniques to enhance the shelf life of instant noodles. They are also introducing new product varieties to expand their product portfolio and consumer base. Furthermore, the easy availability of instant noodles in departmental stores, hypermarkets, supermarkets and convenience stores, is boosting their overall sales across the world.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Instant Noodles Market 2020-2025 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of the major players operating in the industry include Nestle (NSRGY), Nissin Foods (NFPDF), Master Kong (Shenyang) Instant Noodle Foodstuff Co., Ltd., Hebei Hualong Food Group, Indofood Sukses Makmur (INDF), and Acecook Vietnam Joint Stock Company.
Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/prefeasibility-report-on-an-instant-noodle-processing-plant/requestsample
The report has segmented the market on the basis of Type, Distribution Channel and Region.
Market Breakup by Type
Market Breakup by Distribution Channel
- Specialty Stores
- Convenience Stores
- Online Stores
Market Breakup by Region
- United States
- Republic of Korea
- Saudi Arabia
Do You Have Any Query or Specific Requirement? Ask to Our Industry Expert: https://www.imarcgroup.com/request?type=report&id=645&flag=C
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
Contact US: IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Follow us on twitter: @imarcglobal