Global Instant Noodles Market to Reach US$ 67.1 Billion by 2027, Stimulated by Escalating Demand for RTE Foods

BROOKLYN, NY, USA, February 8, 2023 /EINPresswire.com/ -- IMARC Group has recently released a new research study titled "Instant Noodles Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027", offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.

How large is the instant noodle market?

The global instant noodles market reached a value of US$ 49.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 67.1 Billion by 2027, exhibiting a CAGR of 5.03% during 2022-2027.

Market Outlook:

Instant noodles are made from fine wheat flour and a mixture of alkaline salts. Various additional ingredients are also added to the dough in smaller quantities, such as edible oil, gluten, starch, and stabilizers, including guar gum. Instant noodles are precooked, dried noodles that are dehydrated using one of the two processes, such as flash or air frying. They are generally accompanied by a small sachet containing the tastemaker. Instant noodles are portable, quick to make, and easy to store. In addition, they are high in fats and carbohydrates. As a result, instant noodles are extensively available across supermarkets, specialty stores, hypermarkets, convenience stores, online channels, etc. 

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Instant Noodles Market Trends:

The emerging trend of urbanization, the inflating disposable incomes of the consumers, and the high preference for affordable and quick meals, which require minimal cooking, owing to the hectic lifestyle and busy schedule of the working population, are among the primary factors driving the instant noodles market.

Besides this, the wide product availability in various flavors and vegetarian and non-vegetarian variations and the introduction of innovative colors, textures, and seasonings/tastemakers by the leading manufacturers, according to regional tastes and preferences, are further augmenting the market growth.

Moreover, the rising purchase of instant noodles with longer shelf life, on account of the sudden outbreak of the COVID-19 pandemic, is also catalyzing the global market. Apart from this, the expanding food retail sector and the increasing number of supermarkets, departmental stores, and hypermarkets across the globe are expected to bolster the instant noodles market in the coming years.  

Competitive Landscape with Key Players:

List of Key Companies Covered in this Market Report:

• Master Kong (Shenyang) Instant Noodle Foodstuff Co., Ltd.
• Hebei Hualong Food Group
• Indofood Sukses Makmur
• Nissin Foods
• Nestle
• Acecook Vietnam Joint Stock Company

Key Market Segmentation:

The report has categorized the market based on type and distribution channel.

Based on Type:

• Fried
• Non-fried

Based on Distribution Channel:

• Supermarkets/Hypermarkets
• Specialty Stores
• Convenience Stores
• Online Stores
• Others

Regional Insights:

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

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Key highlights of the report:                                                    

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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About Us:

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