Pune, India -- (SBWIRE) -- 11/06/2017 -- Market Overview

Consumers look for convenience food as they are easily available, and possess nutritional value due to fortification, variety and product appeal. Due to changing lifestyles, consumers are spending less time planning and cooking meals at home as they consider preparing food at home as a chore and is time and energy consuming. The instant noodles is considered convenient as there is no need to put in efforts in cooking & chopping vegetables, these factor will support the growth of this market. Globally the market (Volume) for instant noodles is estimated to grow at the rate of about 5% from 2017 to 2023.

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Competitive Analysis-

This report includes a study of strategies used in the market, mergers and acquisitions in instant noodles, multiple product launch by instant noodles market players. It further includes product portfolios and developments of leading major players which includes

- Nissin Foods Co., Ltd (Hong Kong)
- Capital Foods Limited (India)
- ITC Limited (India)
- Nestle SA (Switzerland)
- Ajinomoto Co., Inc. (Japan)
- The Unilever Group (Pot Noodles) (U.K.)
- Campbell Soup Company (U.S.)

The Global Instant Noodles Market is mainly occupied by some key manufacturers. The competitive environment in this market is estimated to increase, with an increase in product portfolio from current key players. Most of the companies operating in this market are focusing on expanding its operations across the geographies, augmenting its capabilities and investing in research and development to offer products with better functionality.

By Application Analysis-

Ready meals segment is projected to account maximum market proportion of the total instant noodles market in the year of 2017. However, sea food broth segment is expected to register highest CAGR during the forecast period owing to the busy life schedule of the consumer as well as for the increasing working female population in developing economy. Wheat segment will also grow at an above CAGR during the forecast period. Among the end user segment, food service industry will observe high growth during the period of 2017 to 2023. However, packet instant noodles will dominate the market during the forecast period.

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Regional Analysis

Global Instant Noodles Market is Segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). Among these, APAC region is expected to retain its dominance throughout the forecast period. The market is projected to grow at a steady pace in the review period. Europe will be the fastest growing region in the instant noodles market and high growth in emerging economies such as China, India, Japan and ASEAN countries. Latin American countries, offers ample opportunities for expansion to major players. The high consumption of processed and convenience food products in growing economies of Asia-Pacific and Latin America.

Table of Contents

1 REPORT PROLOGUE

2 INTRODUCTION

3 RESEARCH METHODOLOGY

4 PREMIUM INSIGHTS

5 MARKET DYNAMICS

6 MEGA TRENDS

7 MARKET FACTOR ANALYSIS

8 MARKET ANALYSIS

9 MARKET ANALYSIS-BY REGION

10 MARKET ANALYSIS-BY PACKAGING TYPE

11 MARKET ANALYSIS-BY BROTH

12 MARKET ANALYSIS-BY SOURCE

Continued….