Instant Noodles Market: 76% of Growth to Originate from APAC, Fried Segment to be Significant for Revenue Generation – Technavio

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NEW YORK, Aug. 31, 2022 /PRNewswire/ — The “Instant Noodles Market – Forecast and Analysis 2021-2025″ report has been added to Technavio’s offering. The instant noodles market share is expected to increase by USD 5.06 billion from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 4.23%. The instant noodles market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. The instant noodles market report also offers information on several market vendors, including Acecook Vietnam Joint Stock Co., Ajinomoto Co. Inc., Baixiang Food Co. Ltd., Capital Foods Pvt. Ltd., Mareven Food Holdings Ltd., Nestle SA, Nissin Foods Holdings Co. Ltd., Nongshim Co. Ltd., PT INDOFOOD SUKSES MAKMUR Tbk, and Toyo Suisan Kaisha Ltd. among others – To know about the vendor offerings: Grab a FREE Sample Now!

Instant Noodles Market – Key Market Dynamics

The instant noodles market report is segmented by Type (fried and non-fried) and Geography (APAC, North America, Europe, MEA, and South America).

• Regional Highlights – APAC will be the leading region with 76% of the market’s growth during the forecast period. China, Indonesia, India, Japan, and Vietnam are the key markets for instant noodles in APAC. However, the market growth rate in APAC will be slower than the growth of the market in other regions. The rising per capita income and the expanding population base will facilitate the instant noodles market growth in APAC over the forecast period.
• Revenue Generating Segment – The instant noodles market share growth in the fried segment will be significant for revenue generation.

Grab a free sample report for additional insights into the contribution of all the segments

Instant Noodles Market – Key Market Dynamics

Market Driver 

• The demand for convenient food products which can be prepared and consumed easily is growing, especially among consumers leading a busy and hectic lifestyle.
• Rising urbanization, expanding the middle-class population, and the growing number of working women are contributing to the increasing demand for convenient food products such as instant noodles.
• Innovative packaging techniques, microwave cooking, and low preparation time of instant noodles are some of the factors boosting its popularity among the working-class population.

Market Challenges 

• Raw materials such as wheat (main ingredient), aluminum, paper, and plastics (for packaging) have volatile prices based on their availability.
• Also, the growing gap between supply and demand in recent years has increased the costs of raw materials considerably.
• Any increase in the price of raw materials, such as plastic, increases the manufacturing cost of packaging and leads to lower profit margins for vendors. Furthermore, to remain competitive in the market, manufacturers are experimenting with low-cost substitutes, which might compromise the quality of the product. 

To learn more about the market dynamics –. Request a FREE Sample Report right now!

The competitive scenario provided in the Instant Noodles Market Report

analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc. Don’t wait, Make a strategic approach & boost your business goals with our Instant Noodles Market Forecast Report – Buy Now!

Related Reports:

• The noodles market size has the potential to grow by USD 10.85 billion during 2020-2024, and the market’s growth momentum will decelerate during the forecast period
• The packaged rice noodles market size has the potential to grow by USD 717.95 million during 2020-2024, and the market’s growth momentum will accelerate during the forecast period.

Browse for Technavio “Consumer Staples Market” Research Reports

Key Topics Covered:

Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market Definition
• Market segment analysis
• Market size 2020
• Market outlook: Forecast for 2020 – 2025

Five Forces Analysis

• Bargaining power of buyers
• Bargaining power of suppliers
• The threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Type

• Market segments
• Comparison by Type
• Fried – Market size and forecast 2020-2025
• Non-fried – Market size and forecast 2020-2025
• Market opportunity by Type

Customer landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• APAC – Market size and forecast 2020-2025
• North America – Market size and forecast 2020-2025
• Europe – Market size and forecast 2020-2025
• MEA – Market size and forecast 2020-2025
• South America – Market size and forecast 2020-2025
• Key leading countries
• Market opportunity by geography
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Acecook Vietnam Joint Stock Co.
• Ajinomoto Co. Inc.
• Baixiang Food Co. Ltd.
• Capital Foods Pvt. Ltd.
• Mareven Food Holdings Ltd.
• Nestle SA
• Nissin Foods Holdings Co. Ltd.
• Nongshim Co. Ltd.
• PT INDOFOOD SUKSES MAKMUR Tbk
• Toyo Suisan Kaisha Ltd.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research Methodology
• List of abbreviations

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email:media@technavio.com

Website: www.technavio.com/

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