Instant Noodles Market 2020: Industry Trends, Share, Size, Demand, Growth, COVID-19 Impact Analysis, And Future Scope

(SUPER MARKET RESEARCH via Comtex)

The global instant noodles 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., according to a new report by IMARC Group.

Instant noodles are one of the most commonly consumed ready-to-eat (RTE) food products. They are prepared using wheat flour, palm oil, salt and water, and are pre-cooked and dehydrated using flash-frying or air frying and packaged with a tastemaker sachet. Instant noodles are high in fat and carbohydrates but low in fiber, proteins, vitamins and minerals. Currently, they are available in a wide variety, ranging from instant udon to soba.

Global Instant Noodles Market Trends:

On account of rapid urbanization, inflating income levels and hectic lifestyle, there is a rise in the demand for instant noodles, especially among the working population. Apart from this, prominent vendors operating in the market are introducing innovative product variants with new textures and tastemakers. They are also formulating regional as well as international fusion flavors to expand their existing consumer base. These factors, in confluence with increasing investments in the promotional campaigns, are anticipated to propel the market growth in the coming years.

Also read: Fruit Juice Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

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:

Competitive Landscape:

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 worldwide include NESTLE SA (NSRGY), Master Kong (Shenyang) Instant Noodle Foodstuff Co., Ltd., Hebei Hualong Food Group, Indofood Sukses Makmur Tbk PT (OTCMKTS: PIFMF), NISSIN FOODS HOLDINGS CO. LTD. (NFPDF), and Acecook Vietnam Joint Stock Company.

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The report has segmented the market on the basis of Type, Distribution Channel, and Region.

Market Breakup by Type

Fried
Non-fried

Market Breakup by Distribution Channel

Supermarkets/Hypermarkets
Specialty Stores
Convenience Stores
Online Stores
Others

Market Breakup by Region

China
Indonesia
Japan
India
Vietnam
United States
Republic of Korea
Thailand
Saudi Arabia
Others

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