With varying lifestyle and developing nutritional pattern, convenience food products plays an important role in defining the consumers’ food preference in the various regions. The trend of consumption of instant noodles began in Asian countries and it spread to other regions rapidly. The increasing purchasing power of consumers, convenience trends are likely to remain significant factor which boosting instant noodles market in Asia Pacific countries.

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Competitive Landscape

The key players profiled in global instant noodles market report are Campbell Soup Company (U.S.), Nissin Foods Co., Ltd (Hong Kong), Capital Foods Limited (India), ITC Limited (India), Nestle SA (Switzerland), Ajinomoto Co., Inc. (Japan), and The Unilever Group (Pot Noodles) (U.K.) among many others.

Segmentation Analysis

The global instant noodles market has been divided into type, source, packaging, and region.

Based on Type: Vegan, and Non-vegan
Based on Source: Wheat, Rice, Oats, and Others
Based on Packaging: Packets, and Cups
Based on Region: North America, Europe, Asia Pacific, and ROW.
Regional Analysis

The Asia Pacific region is expected to hold major market share throughout the forecast period and will grow at a significant CAGR. The Europe region will be the highest growing region in the instant noodles market, and the market will experience high growth in emerging economies such as China, India, Japan and ASEAN countries. Latin American countries offers plenty opportunities for development to major players.

Market Scope

Growing demand for convenient food products among the working population and rising preference towards RTC foods is driving the market for instant noodles. Market Research Future, a firm which specializes in market reports related to the Food, Beverages & Nutrition sector among others, recently forecasted in its report on ‘Global Instant Noodles Market Research Report- Forecast to 2022’ that the market will demonstrate an exceptional CAGR during the forecast period.

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Industry/ Innovation/ Related News:

Dec 2016 Campbell Soup launches new clean label soup line. The soups contain no artificial colors, flavors, ingredients or modified starches and are made with such ingredients as chicken with no antibiotics, quinoa, kale and whole grains. Additionally, the cans are non-BPA lined and recyclable.

Jul 2016 Sunfeast Yippe noodles launched in whole wheat variant, to increase product line.

Aug 2015 Ajinomoto launched cup noodles in Peru aims to boost food business revenue in South America and Southeast Asia.