Title: Noodles Market - Forecast (2022-2027)
1Noodles MarketMarket size, Industry outlook,
Market Forecast, Demand Analysis, Market Share,
Market Report 2022 - 2027
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- Noodles Market Size is estimated to reach 70.33
billion by 2027. Furthermore, it is poised to
grow at a CAGR of 5.2 over the forecast period
of 2022-2027. - CG Foods India and Wai Wai instant noodles
partnered in August 2019 to market and distribute
the noodles in India. In addition, the firm
intends to open two production facilities in the
country. Rice noodles' multiple health benefits,
such as low-fat content, low-calorie count, and
high manganese level, which is essential for
metabolism, are expected to move the Noodles
Market forward during the forecast period
2022-2027.
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- Key Takeaways
- Geographically, Asia-Pacific held a dominant
market share in the year 2021, owing to the trend
of healthy food. The use of packaged food
products, such as instant noodles, in India, is
being driven by a growing millennial population
and a growing working-class client base. In
addition, the companies have recently launched a
number of new products with unique flavors,
healthy ingredients, and packaging. - However, growing awareness about the negative
health impact of noodles owing to additives like
monosodium glutamate is expected to hinder the
growth of the target market to a certain extent.
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Noodles Market Drivers Increasing Consumer
Inclination towards Fortified and Healthier
Instant Noodles is Key Factor in Market
Growth The detrimental effects of nutrient
deficiencies (malnutrition) have compelled
consumers to include healthy and nutritional
foods in their regular diets in every corner of
the world. In 2022, more than 1.9 billion persons
worldwide are obese, while 462 million are
underweight, according to the World Health
Organization (WHO). Consumers are looking for new
and inventive food products, such as quick
noodles, that are both nutritious and tasty.
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- Noodles Market Industry OutlookÂ
- Uni-President
- Beltek Foods
- Nestle
- Mandarin Noodle
- Marico Ltd
- Master Kong
- Maruchan
- Nissin Foods
- Indofood
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Noodles Market Forecast (2022 - 2027) Learn
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- Analyst Briefing
- Data Tables
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