Instant Noodles Market is predicted to reach USD 116,792.66 million at a CAGR of 5.17% during the forecast period

Market Research Future (MRFR) has published a cooked research report on the “Global Instant Noodles Market” that contains information from 2018 to 2030. The Instant Noodles market is estimated to register a CAGR of 5.17% during the forecast period of 2023 to 2030.


MRFR recognizes the following companies as the key players in the global Instant Noodles market— Indofood (Indonesia), Nissin Food (Japan), Nestle (Switzerland), Ajinomoto (Japan), ITC Ltd. (India), Unilever (United Kingdom), Campbell Soup (United States), Capital Food (India), Tat Hui Foods (Singapore), and Acecookvietnam (Vietnam).


Market Highlights


The global Instant Noodles market is accounted to register a CAGR of 5.17% during the forecast period and is estimated to reach USD 116,792.66 million by 2030.


The Instant Noodles Market refers to the global industry involved in the production and distribution of pre-cooked and dehydrated noodles that can be quickly prepared with hot water. Instant noodles are convenient, affordable, and come in various flavors and packaging options, making them a popular choice for quick and easy meals, especially in busy lifestyles and emerging markets.


Segment Analysis


The global Instant Noodles market has been segmented based on Product Type, Packet Size, Distribution Channel.


On the basis of Product Type, the market is segmented into cups/bowls, and packets. In 2021, the category of package noodles had the lion's share, accounting for roughly 60–65% of the global sales for instant noodles. The single pack, double pack, triple pack, and other SKUs of instant noodles are specifically made available in packet form for significantly higher amounts.


Based on Packet Size, the global Instant Noodles market has been segmented into single-pack, four-pack, six-pack, and others. The single-pack category dominated the market in 2021 and is anticipated to be the most profitable sector from 2022 to 2030.


Based on Distribution Channel, the global Instant Noodles market has been segmented into store-based, and non-store based. During the forecast period, 2022–2030, the store-based category, which led the market in 2021, is projected to continue to be important. Brick and mortar retail establishments including supermarkets and hypermarkets, convenience stores, and others are referred to as store-Based distribution channels.


Regional Analysis


The global Instant Noodles market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Instant Noodles market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Instant Noodles market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Instant Noodles market comprises of Middle East, Africa, and Latin America.


The Asia-Pacific Instant Noodles Market dominated this market in 2022. It is projected to reach USD 58,037.21 million in 2021 and increase with a CAGR of 5.36% by 2030. This is due to the region's rising demand for RTE food products. Asia-Pacific is the largest and fastest-growing region.


Asia-Pacific consumers are more likely to spend more money on fast food in order to avoid spending a lot of time on traditional cooking. Instant food is one of the most affordable and practical meals..


Additionally, the second-largest market share for Instant Noodles is held by North America. because more people are living desk-bound lives. In addition, the North American region's instant noodle industry saw the quickest growth in Mexico, while the U.S. market had the largest market share.


Europe is projected to grow at a CAGR of 5.03% from 2022 to 2030. The demand for healthy snacks in the local market is being driven by the increased prevalence of lifestyle-related health issues, the ageing population, busy daily schedules, rising mental stress, and a supportive attitude towards preventative measures. Germany is the biggest market for organic and natural goods, whereas the UK places the most emphasis on convenience and health benefits.


Key Findings of the Study



  • The global Instant Noodles market is expected to reach USD 116,792.66 million by 2030, at a CAGR of 5.17% during the forecast period.

  • The Asia-Pacific Instant Noodles Market dominated this market in 2022. It is projected to reach USD 58,037.21 million in 2021.

  • Based on Packet Size, The single-pack category dominated the market in 2021 and is anticipated to be the most profitable sector from 2022 to 2030.

  • Indofood (Indonesia), Nissin Food (Japan), Nestle (Switzerland), Ajinomoto (Japan), ITC Ltd. (India), Unilever (United Kingdom), Campbell Soup (United States), Capital Food (India), Tat Hui Foods (Singapore), and Acecookvietnam (Vietnam).

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Companies Covered 15
Pages 114
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