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Instant Noodles Market:Executive Summary
Instant noodles are dried blocks of precooked noodles sold in a pack. They need to be boiled in a pot of water, or microwaved in a bowl of water usually for 2-5 minutes before they are ready to eat. The noodles by themselves are tasteless, and these packs come with flavouring sachets in powdered form and/or as seasoning oil. There are also ready-to-eat, sealed packets of instant noodles that contain a precooked block of noodles and seasoning already mixed in and packed in a cup-shaped container. These only require simmering in hot water that can be directly poured into the container for 2-3 minutes before they are ready to be consumed.
Wheat flour, palm oil, and salt are the common ingredients used to prepare these noodles before drying and packing them. The flavouring commonly comprises of salt, monosodium glutamate, seasoning (based on taste), and sugar. There are two popular methods of drying the noodles once cooked. The original method of drying was to fry the cooked noodles into a crispy block (a method still used in Asian countries). In western countries, noodles are air-dried before packing.
The last few years have seen a surge in the demand for instant noodles. This increase in demand stems from the numerous options of taste and flavours. Ease of preparation, affordability, shelf-life, and ease of storage are some other factors that contribute to the increase in the sales of instant noodles.
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Segmentation
This survey report concentrates on the volume and value of instant noodles, divided at a global level, regional level, and company level. It is curated by studying the overall market size of instant noodles by analyzing historical data and calculating future prospects, all from a global perspective.
This report analyzes manufacturing site data, production data, capacity data, ex-factory price, and revenue and market share data of the following manufacturers: Master Kong, Indofood, Nissin Foods, Uni-President, Nong Shim, Jinmailang, Baixiang, Maruchan, Acecook Vietnam, TF, Nestle, Vietnam Food Industries, Sanyo Foods, Monde Nissin, Mareven Food Central, Universal Robina
The report can be segmented by product type into two types, namely fried instant noodles and non-fried instant noodles. By application, this report can be segmented into two, namely for home use and for restaurant use.
Regional Analysis
This market report segments production, export and import, and consumption of instant noodles in the following regions:North America, Europe, China, Japan, Southeast Asia, India.
APAC regions continue to show a positive outlook in the growth of instant noodle sales numbers.
Industry News
2019 will continue to see a growth in the instant noodles industry, with manufacturers introducing a wide range of ethnic flavours into the market. Japanese company Toyo Suisan Kaisha in June of 2019 launched multiple new products of various flavours like maruchan noodle cup oil saba, yakisoba bagoon salt butter flavor, and pork bone noodles.
Continuous…
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