Global Instant Noodles Market Growth 2023-2029

Global Instant Noodles Market Growth 2023-2029

Product Code:461833

Published Date: Feb 08,2023

Pages: 113

Region: Global

Category: Food & Beverages

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Instant noodles or instant ramen are noodles sold in a precooked and dried block with flavouring powder and/or seasoning oil. The flavouring is usually in a separate packet, although in the case of cup noodle, the flavouring 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 designed to be cooked or soaked in boiling water before eating but can be consumed dry.

LPI (LP Information)' newest research report, the “Instant Noodles Industry Forecast” looks at past sales and reviews total world Instant Noodles sales in 2022, providing a comprehensive analysis by region and market sector of projected Instant Noodles sales for 2023 through 2029. With Instant Noodles sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Instant Noodles industry.

This Insight Report provides a comprehensive analysis of the global Instant Noodles landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Instant Noodles portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Instant Noodles market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Instant Noodles and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Instant Noodles.

The global Instant Noodles market size is projected to grow from US$ 32020 million in 2022 to US$ 43160 million in 2029; it is expected to grow at a CAGR of 43160 from 2023 to 2029.

In terms of product types, Instant Noodles can be divided into Chicken, Beef, Seafood and Vegetables. In 2019, Beef Instant Noodles accounted for the largest share of the total market, accounting for about 49%.

In terms of product applications, Instant Noodles can be divided into two categories: Household and Restaurant. In 2019, Household applications dominated the market, accounting for 86% of the total.

This report presents a comprehensive overview, market shares, and growth opportunities of Instant Noodles market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Chicken
    Beef
    Seafood
    Vegetable

Segmentation by application
    Instant Noodles
    Restaurants

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Master Kong
    Indofood
    Nissin Foods
    Uni-President
    Nong Shim
    Jinmailang
    Baixiang
    Maruchan
    Acecook Vietnam
    TF
    Nestle
    Masan Consumer
    Sanyo Foods
    Monde Nissin
    Mareven Food Central

Key Questions Addressed in this Report
What is the 10-year outlook for the global Instant Noodles market?
What factors are driving Instant Noodles market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Instant Noodles market opportunities vary by end market size?
How does Instant Noodles break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?