NEW YORK, Nov. 7, 2022 /PRNewswire/ -- The "Noodles Market by Product (Instant Noodles and Dried and Others) and Geography (APAC, North America, Europe, Middle East and Africa, and South America) - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years.
The potential growth difference for the noodles market size between 2021 and 2026 is USD 15.97 billion. To get the exact yearly growth variance and the Y-O-Y growth rate, Request a FREE PDF Sample Report.
Some Companies Mentioned with their Offerings
- Acecook Vietnam Joint Stock Co. - The company offers noodles such as Hao Hao noodles, oatmeal noodles, and SiuKay instant noodles.
- Ajinomoto Co. Inc. - The company offers noodles under the brand names Oyakata, SAMSMAK, and YumYum.
- Beltek (Huizhou) Foods Co. Ltd. - The company offers noodles such as kimchi flavor cup noodles, beef flavor cup noodles, and lobster flavor cup noodles.
- Capital Foods Pvt. Ltd. - The company offers noodles under the brand name Ching's Secret.
- CJ CheilJedang Corp. - The company offers noodles such as spicy ramen, vegan ramen, miso ramen, and teriyaki noodle bowl.
- Conagra Brands Inc.
- House Foods Group Inc.
- ITC Ltd.
- Mandarin Noodle
- Nestle SA
- Nissin Foods Holdings Co. Ltd.
- NONGSHIM AMERICA, INC.
- Noodles and Co.
- Ottogi Co. Ltd.
- PT INDOFOOD SUKSES MAKMUR Tbk
- QQ Famous Noodles
- Sanyo Foods Corp. of America
- Thai President Foods Public Co. Ltd.
- Uni President Enterprises Corp.
- Unilever PLC
To gain access to more vendor profiles with their key offerings available with Technavio, Download our FREE PDF Sample Report
Key Market Dynamics
- Market Driver: The increasing demand for regional and ethnic cuisines is driving the market growth. The growth in demand for Asian cuisine in the food service sector has encouraged retailers to stock a wide variety of noodles. The demand for noodles that have Italian flavors has also surged. Moreover, the millennial population prefers different flavors in food products. Korean, Chinese, Southeast Asian, and Vietnamese food is popular among millennials. Hence, the increasing demand for regional and ethnic cuisines is expected to fuel the growth of the global noodles market during the forecast period.
- Market Challenge: The fluctuating raw material prices are challenging the global noodles market growth. The prices of raw materials, such as wheat, aluminum, and paper, are volatile based on availability. In addition, the widening gap between supply and demand has increased the costs of raw materials. Any rise in the price of raw materials increases the manufacturing cost of packaging, which lowers the profit margins of vendors. Manufacturers are experimenting with low-cost substitutes to remain competitive in the market, which can compromise the quality of the product. Moreover, raw material suppliers can raise prices based on demand, which increases the manufacturing cost. These factors are limiting the growth of the global noodles market.
Learn about additional key drivers, trends, and challenges available with Technavio in this report. Buy Now for detailed information about market dynamics
Market Segmentation
By product, the instant noodles segment will be a significant contributor to market growth during the forecast period. Consumers prefer instant noodles owing to their low cost and variety of flavors. Market players have introduced new varieties to cater to changing customer tastes. These factors are fueling the growth of the segment during the forecast period.
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By geography, APAC will be the leading region with 80% of the market's growth during the forecast period. China, Japan, and India are the key countries for the noodles market in the region. The growth of the market in APAC will be driven by factors such as the increasing demand for regional and ethnic cuisines. However, market growth in this region will be slower than the growth of the market in other regions.
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Noodles Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.73% |
Market growth 2022-2026 |
USD 15.97 billion |
Market structure |
Fragmented |
YoY growth (%) |
3.1 |
Regional analysis |
APAC, North America, Europe, Middle East and Africa, and South America |
Performing market contribution |
APAC at 80% |
Key consumer countries |
China, Japan, India, UK, and Germany |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Acecook Vietnam Joint Stock Co., Ajinomoto Co. Inc., Beltek (Huizhou) Foods Co. Ltd., Capital Foods Pvt. Ltd., CJ CheilJedang Corp., Conagra Brands Inc., House Foods Group Inc., ITC Ltd., Mandarin Noodle, Nestle SA, Nissin Foods Holdings Co. Ltd., NONGSHIM AMERICA, INC., Noodles and Co., Ottogi Co. Ltd., PT INDOFOOD SUKSES MAKMUR Tbk, QQ Famous Noodles, Sanyo Foods Corp. of America, Thai President Foods Public Co. Ltd., Uni President Enterprises Corp., and Unilever PLC |
Market Dynamics |
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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Key Topics Covered
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.3 Market size 2021
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Product
- 5.1 Market segments
- Exhibit 24: Chart on Product - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Product - Market share 2021-2026 (%)
- 5.2 Comparison by Product
- Exhibit 26: Chart on Comparison by Product
- Exhibit 27: Data Table on Comparison by Product
- 5.3 Instant noodles - Market size and forecast 2021-2026
- Exhibit 28: Chart on Instant noodles - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Instant noodles - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Instant noodles - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Instant noodles - Year-over-year growth 2021-2026 (%)
- 5.4 Dried and others - Market size and forecast 2021-2026
- Exhibit 32: Chart on Dried and others - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Dried and others - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Dried and others - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Dried and others - Year-over-year growth 2021-2026 (%)
- 5.5 Market opportunity by Product
- Exhibit 36: Market opportunity by Product ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 38: Chart on Market share by geography 2021-2026 (%)
- Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 40: Chart on Geographic comparison
- Exhibit 41: Data Table on Geographic comparison
- 7.3 APAC - Market size and forecast 2021-2026
- Exhibit 42: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 43: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 44: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 45: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.4 North America - Market size and forecast 2021-2026
- Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.5 Europe - Market size and forecast 2021-2026
- Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.6 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.7 South America - Market size and forecast 2021-2026
- Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.8 China - Market size and forecast 2021-2026
- Exhibit 62: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.9 Japan - Market size and forecast 2021-2026
- Exhibit 66: Chart on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on Japan - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on Japan - Year-over-year growth 2021-2026 (%)
- 7.10 India - Market size and forecast 2021-2026
- Exhibit 70: Chart on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on India - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on India - Year-over-year growth 2021-2026 (%)
- 7.11 UK - Market size and forecast 2021-2026
- Exhibit 74: Chart on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on UK - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on UK - Year-over-year growth 2021-2026 (%)
- 7.12 Germany - Market size and forecast 2021-2026
- Exhibit 78: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity by geography
- Exhibit 82: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
- 8.3 Impact of drivers and challenges
- Exhibit 83: Impact of drivers and challenges in 2021 and 2026
- 8.4 Market trends
9 Vendor Landscape
- 9.1 Overview
- 9.2 Vendor landscape
- Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 85: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 86: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 87: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 88: Matrix on vendor position and classification
- 10.3 Acecook Vietnam Joint Stock Co.
- Exhibit 89: Acecook Vietnam Joint Stock Co. - Overview
- Exhibit 90: Acecook Vietnam Joint Stock Co. - Product / Service
- Exhibit 91: Acecook Vietnam Joint Stock Co. - Key offerings
- 10.4 Ajinomoto Co. Inc.
- Exhibit 92: Ajinomoto Co. Inc. - Overview
- Exhibit 93: Ajinomoto Co. Inc. - Business segments
- Exhibit 94: Ajinomoto Co. Inc. - Key news
- Exhibit 95: Ajinomoto Co. Inc. - Key offerings
- Exhibit 96: Ajinomoto Co. Inc. - Segment focus
- 10.5 Beltek (Huizhou) Foods Co. Ltd.
- Exhibit 97: Beltek (Huizhou) Foods Co. Ltd. - Overview
- Exhibit 98: Beltek (Huizhou) Foods Co. Ltd. - Product / Service
- Exhibit 99: Beltek (Huizhou) Foods Co. Ltd. - Key offerings
- 10.6 Capital Foods Pvt. Ltd.
- Exhibit 100: Capital Foods Pvt. Ltd. - Overview
- Exhibit 101: Capital Foods Pvt. Ltd. - Product / Service
- Exhibit 102: Capital Foods Pvt. Ltd. - Key offerings
- 10.7 CJ CheilJedang Corp.
- Exhibit 103: CJ CheilJedang Corp. - Overview
- Exhibit 104: CJ CheilJedang Corp. - Business segments
- Exhibit 105: CJ CheilJedang Corp. - Key offerings
- Exhibit 106: CJ CheilJedang Corp. - Segment focus
- 10.8 Conagra Brands Inc.
- Exhibit 107: Conagra Brands Inc. - Overview
- Exhibit 108: Conagra Brands Inc. - Business segments
- Exhibit 109: Conagra Brands Inc. - Key news
- Exhibit 110: Conagra Brands Inc. - Key offerings
- Exhibit 111: Conagra Brands Inc. - Segment focus
- 10.9 House Foods Group Inc.
- Exhibit 112: House Foods Group Inc. - Overview
- Exhibit 113: House Foods Group Inc. - Business segments
- Exhibit 114: House Foods Group Inc. - Key offerings
- Exhibit 115: House Foods Group Inc. - Segment focus
- 10.10 Mandarin Noodle
- Exhibit 116: Mandarin Noodle - Overview
- Exhibit 117: Mandarin Noodle - Product / Service
- Exhibit 118: Mandarin Noodle - Key offerings
- 10.11 Nestle SA
- Exhibit 119: Nestle SA - Overview
- Exhibit 120: Nestle SA - Business segments
- Exhibit 121: Nestle SA - Key news
- Exhibit 122: Nestle SA - Key offerings
- Exhibit 123: Nestle SA - Segment focus
- 10.12 Nissin Foods Holdings Co. Ltd.
- Exhibit 124: Nissin Foods Holdings Co. Ltd. - Overview
- Exhibit 125: Nissin Foods Holdings Co. Ltd. - Business segments
- Exhibit 126: Nissin Foods Holdings Co. Ltd. - Key offerings
- Exhibit 127: Nissin Foods Holdings Co. Ltd. - Segment focus
11 Appendix
- 11.1 Scope of the report
- 11.2 Inclusions and exclusions checklist
- Exhibit 128: Inclusions checklist
- Exhibit 129: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 130: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 131: Research methodology
- Exhibit 132: Validation techniques employed for market sizing
- Exhibit 133: Information sources
- 11.5 List of abbreviations
- Exhibit 134: List of abbreviations
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Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email:[email protected]
Website: www.technavio.com/
SOURCE Technavio
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