According to a new report by Expert Market Research, the global instant noodles market reached a value of USD 44 Billion in 2019 and is further expected to reach a value of USD 59 Billion by 2025. Busy lifestyle of people have resulted in a higher demand for ready-to-eat and convenience foods. Moreover, the shelf life of instant noodles ranges from 4 to 12 months, which means that it can be easily taken along for travelling and tours. Other factors such as increasing population, rising purchasing power of consumers, product innovations and growing demand from developing regions are further inducing the growth of the global instant noodles market.
Get a Free Sample Report – https://www.expertmarketresearch.com/request?type=report&flag=B&id=38
Competitive Landscape & Supplier Analysis:
Nissin Foods (TYO: 2897)
Myojo Foods
Nestle (OTCMKTS: NSRGY)
Mama Instant Noodles
Indomies
Indofood Sukses (OTCMKTS: PIFMY)
Sanyo Foods
Bai xiang
Hwa Long
Instant noodles today represent one of the world’s most popular food items as well as the most loved snack among all age groups around the world. They are cheaper than any other fast food meal and can be easily cooked within a few minutes. A ubiquitous snack, instant noodles are produced in more than 80 countries and come in various veg and non-veg variations with large number of flavours in both varieties. The flavour, smell, colour, texture and seasonings/tastemakers can be developed according to regional tastes and preferences. Instant noodles are commonly available in precooked and dried noodle block form, with flavouring powder and/or seasoning oil.
Read full report summary with Table of Content – https://www.expertmarketresearch.com/reports/instant-noodles-market
Key findings from the report:
Country-wise, China represented the largest consumer of instant noodles and accounted for nearly 43% of the global consumption in 2015. China was followed by Indonesia, Japan, India, Vietnam, the United States, Republic of Korea, Thailand, Saudi Arabia and others.
Some of the top players operating in the global instant noodles market are Nissin Foods, Pinehill Arabia Food Ltd., Nestle SA, Ajinomoto Co.,Inc, Kohlico Brands UK Ltd., Mamee-Double Decker (M) SDN BHD., Nongshim Co.,Ltd., Uni-President Enterprises Corp., among others.
The market experiences a heavy competition with players constantly coming up with more quality products and are targeting emerging markets by expanding their production and geographical reach. Keeping in mind the increasing health consciousness among the consumers, manufacturers are enhancing the nutritional value of the products through fortification.
Expert Market Research has analysed the global instant noodles market according to major regions:
Market breakup by Region
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Related Links:
https://www.expertmarketresearch.com/reports/non-gmo-food-market
https://www.expertmarketresearch.com/reports/bread-and-rolls-market
https://www.expertmarketresearch.com/reports/asia-pacific-confectionery-market
https://www.expertmarketresearch.com/reports/saudi-arabia-instant-noodles-market
About Us:
Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally
At EMR, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture
We also provide state-of-the-art procurement intelligence through our platform, procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.
Contact us
Expert Market Research
Twitter: @expertmresearch
Website: www expertmarketresearch com
Email: sales@expertmarketresearch com
USA/Canada: +1-415-325-5166 | UK: +44-702-402-5790
LinkedIn: https://www linkedin com/company/expert-market-research/