DUBLIN, May 17, 2019 /PRNewswire/ — The “Instant Noodles Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024” report has been added to ResearchAndMarkets.com’s offering.
The global instant noodles market reached a value of US$ 42.2 Billion in 2018, registering a CAGR of 6.2% during 2011-2018. The market value is further projected to reach around US$ 57.5 Billion by 2024, growing at a CAGR of 5.2% during 2019-2024.
This report provides a deep insight into the global instant noodles market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.
The report also provides a comprehensive analysis for setting up an instant noodles manufacturing plant. The study analyses the processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc.
Growing urbanization and increasing disposable incomes have altered the eating habits of the consumers. Due to the hectic lifestyle, the working population now prefers affordable and quick meals, such as instant noodles, which require minimal cooking. This shift in their eating habit has created a great opportunity for the instant noodles market to flourish.
Instant noodles are available in a wide range of flavors along with numerous vegetarian and non-vegetarian variations. Moreover, the manufacturers keep formulating with new flavors, colors, textures and seasonings/tastemakers, according to regional tastes and preferences, in order to expand their consumer-base.
The growth of the organized food retail sector, with an increasing number of departmental stores, hypermarkets, supermarkets and convenience stores across the globe, is expected to facilitate the sales of instant noodles.
Breakup by Product Type
On the basis of product type, the market has been bifurcated into fried and non-fried instant noodles. Currently, fried instant noodles represent the most popular product type, accounting for the majority of the market share. As these noodles are flash fried, they help in securing the flavor, improving the shelf-life and averting bacterial growth.
Breakup by Distribution Channel
On the basis of distribution channels, supermarkets/hypermarkets hold the largest market share, representing the leading segment. They provide easy access different brands, types and flavors of instant noodles. Supermarkets and hypermarkets are followed by convenience stores, online stores, specialty stores and others.
On a geographical front, China enjoys the leading position in the global instant noodles market. Noodles have been an essential part of the Chinese cuisine owing to which there has been a high demand for instant noodles in the region. China is followed by Indonesia, Japan, India, Vietnam, United States, Republic of Korea, Thailand and Saudi Arabia.
The global instant noodles industry is fragmented due to the presence of a large number of players in the key markets such as China and Indonesia.
Some of the leading players operating in the market are:
- Master Kong (Shenyang) Instant Noodle Foodstuff Co. Ltd.
- Hebei Hualong Food Group
- Indofood Sukses Makmur
- Nissin Foods
- Acecook Vietnam Joint Stock Company
2 Scope and Methodology
2.1 Objectives of the Study
2.3 Data Sources
2.4 Market Estimation
2.5 Forecasting Methodology
3 Executive Summary
4.2 Key Industry Trends
5 Global Instant Noodles Industry
5.1 Market Overview
5.2 Market Performance
5.3 Price Analysis
5.4 Market Breakup by Type
5.5 Market Breakup by Distribution Channel
5.6 Market Breakup by Region
5.7 Market Forecast
5.8 SWOT Analysis
5.9 Value Chain Analysis
5.10 Porter’s Five Forces Analysis
5.11 Key Market Drivers and Challenges
5.12 Success Factors for Manufacturers
6 Market Breakup by Type
7 Market Breakup by Distribution Channel
7.2 Specialty Stores
7.3 Convenience Stores
7.4 Online Stores
8 Market Breakup by Region
8.6 United States
8.7 Republic of Korea
8.9 Saudi Arabia
9 Competitive Landscape
9.1 Market Structure
9.2 Key Players
10 Instant Noodles Manufacturing Process
10.1 Product Overview
10.2 Detailed Process Flow
10.3 Various Types of Unit Operations Involved
10.4 Mass Balance and Raw Material Requirements
11 Project Details, Requirements and Costs Involved
11.1 Land Requirements and Expenditures
11.2 Construction Requirements and Expenditures
11.3 Machinery Schematic
11.4 Plant Machinery
11.5 Machinery Pictures
11.6 Raw Material Requirements and Expenditures
11.7 Raw Material and Final Product Pictures
11.8 Packaging Requirements and Expenditures
11.9 Transportation Requirements and Expenditures
11.10 Utility Requirements and Expenditures
11.11 Manpower Requirements and Expenditures
11.12 Other Capital Investments
12 Loans and Financial Assistance
13 Project Economics
13.1 Capital Cost of the Project
13.2 Techno-Economic Parameters
13.3 Product Pricing and Margins Across Various Levels of the Supply Chain
13.4 Taxation and Depreciation
13.5 Income Projections
13.6 Expenditure Projections
13.7 Financial Analysis
13.8 Profit Analysis
14 Key Player Profiles
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