Instant Noodles Market expected to reach US$73.988 billion by 2030

instant noodles market

Instant Noodles Market Trends & Forecast:

The global instant noodles market size is estimated to reach USD 73.988 billion by 2030, registering a CAGR of 4.30% from 2024 to 2030, according to a new report by Knowledge Sourcing Intelligence. Instant noodles, also known as instant ramen are a type of pre-cooked noodles, that are sold in a dried form, along with seasoning oil or flavoring powders. The instant noodles are specially designed to offer convenience and affordability to the users. It also offers a longer shelf life and essential nutritional value. The Instant noodles also come in a wide variety of flavors and inclusion of multiple vegetables and meat types.

The major factors propelling the growth of the global instant noodles market are the increasing urbanization and growing disposable income of the consumer, especially in developing nations. With the growing urbanization, the demand for convenient products with longer shelf life increases significantly. Similarly, the growing innovation in the packaging and product processing also enhances the growth of the market during the forecasted timeline.

➥ View a sample of the report or purchase the complete study at: Instant Noodles Market

Instant Noodles Market Report Highlights:

  • The fried noodles category of the type segment is estimated to attain a greater market share by 2030.
  • The demand for vegetables category under the broth variety market is estimated to attain a greater market share during the forecasted timeline.
  • Under the packaging segment of the global instant noodles market, the packets category is forecasted to attain a higher growth rate by 2030, majorly as the packets offer enhanced convenience and sustainable packaging solutions in the market.
  • The online category, under the distribution channel category is estimated to grow at a greater rate. The increasing utilization of the internet and growing adoption of the e-commerce platform are among the key factors that boost the growth of the online category in the market. The online category also offers convenience and a wide variety of products across multiple regions.
  • The Asia Pacific region is estimated to attain a greater market growth rate, majorly due to the increasing urban population and growing disposable income of the consumer, especially in countries like India, China, Japan, and Malaysia among others. The introduction of new flavors and attractive packaging solutions is also among the key factors pushing the growth of the market in the Asia Pacific region, during the estimated timeline.
  • North America is anticipated to see steady growth, fueled by advancement in North America is anticipated to see steady growth, fueled by advancement in the food processing and packaging sector in the region. Similarly, the rising demand for convenience food is also among the key factors pushing the growth of the market.

Instant Noodles Market Segmentation:

Knowledge Sourcing Intelligence has segmented the global instant noodles market based on type, broth variety, packaging, distribution channel, and region:

Instant Noodles Market, By Type

  • Fried Noodles
  • Non-Fried Noodles

Instant Noodles Market, By Broth Variety

  • Chicken
  • Pork
  • Beef
  • Seafood
  • Vegetables

Instant Noodles Market, By Packaging

  • Packets
  • Cups

Instant Noodles Market, By Distribution Channel

  • Online
  • Offline

Instant Noodles Market, By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • South Korea
  • South America
    • Brazil
    • Argentina
  • Middle East and Africa (MEA)
    • South Africa
    • Saudi Arabia
    • UAE

Instant Noodles Market Key Players

  • PT Indofood Sukses Makmur Tbk
  • Nissin Foods Holdings Co., Ltd
  • Nestlé
  • Ajinomoto Co., Inc.
  • Campbell Soup Company
  • ITC Limited
  • Unilever
  • Maruchan, Incorporated
  • Mr Lee’s
  • WhatIF Foods

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