Market Forecast by Countries (Brazil, Mexico, Argentina, Rest of Latin America), By Type (Fried, Non-Fried), By Packaging (Cups, Packets), By Sales Channel (Supermarket/Hypermarket, Convenience Stores, Online Stores, Others) And Competitive Landscape
Product Code: ETC059058 | Publication Date: May 2021 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Latin America Instant Noodles Market is anticipated to register sound revenue in the years ahead on the back of the rising availability of the wide variety of noodles in the market which subsequently increasing the purchasing rate is one of the factors that is estimated to leave a positive impact on the product demand. Moreover, the rising establishment of the number of retail outlets in the developed and developing nation across the region is leading to secure a massive sale of the product in the market owing to the growing population base that leads to indicate an increase in the customer footfall in the supermarket and hypermarket stores are estimated to boost the growth of the Latin America instant noodles market in the upcoming six years.
Latin America instant noodles market is expected to witness growth in the upcoming years on account of the increasing awareness regarding hygiene and changing lifestyle. The increasing demand for ready to eat food products especially among the young population is propelling the instant noodles market growth in Latin America. The other benefits of instant noodles are that they have a long shelflife, instant appetizers, wider availability, and affordable such aspects boost the demand for the instant noodles market in the region.
According to 6Wresearch, the Latin America Instant Noodles Market size is anticipated to register growth during 2021-2027.Β The outbreak of the coronavirus pandemic and the lockdown implemented by the government along with the temporary shutdown of restaurants and other food outlets have fulled the demand for instant noodles. However, market players are incapable to meet the mounting demand due to the disruption in the supply chain as well as a labor shortage. The limited accessibility of raw materials coupled with the low production capacities of the manufacturer is likely to generate a sizeable demand and supply causing the products increased retail costs in the future.
Based on countries, Brazil is expected to dominate the instant noodles market in Latin America on account of rapid urbanization as well as change in food preferences and lifestyles. The instant noodles market has a stronghold as a part of peopleβs diet in the region. The increasing disposable income and increasing adoption of convenient food products these aspects are supporting the demand for the instant noodles market in Latin America. Based on type, the instant noodles market is segmented into fried and non-fried. Whereas, the fried segment is expected to dominate the instant noodles market revenue share as such noodles are flesh fried as well as they help in improving shelf life.
Some of the major players operating the market are NestlΓ© S.A, Unilever N.V., Capital Foods Pvt. Limited, PT Indofood Sukses Makmur Tbk, Baixiang Food Group, Ajinomoto Co. Inc., Campbell Soup Company, ITC Limited, China National Cereals, Oils and Foodstuffs Corporation (COFCO) and Nissin Food Products Co. Ltd.
Latin America instant noodles market report thoroughly covers the market by type, packaging, Sales channel, and regions including Brazil, Mexico, Argentina, and the rest of Latin America. Latin America instant noodles Market outlook report provides an unbiased and detailed analysis of the ongoing Latin America instant noodles market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Markets Covered
The Market report includes the following segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Latin America Instant Noodles Market Overview |
3.1 Latin America Regional Macro Economic Indicators |
3.2 Latin America Instant Noodles Market Revenues & Volume, 2020 & 2027F |
3.3 Latin America Instant Noodles Market - Industry Life Cycle |
3.4 Latin America Instant Noodles Market - Porter's Five Forces |
3.5 Latin America Instant Noodles Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Latin America Instant Noodles Market Revenues & Volume Share, By Type, 2020 & 2027F |
3.7 Latin America Instant Noodles Market Revenues & Volume Share, By Packaging, 2020 & 2027F |
3.8 Latin America Instant Noodles Market Revenues & Volume Share, By Sales Channel, 2020 & 2027F |
4 Latin America Instant Noodles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latin America Instant Noodles Market Trends |
6 Latin America Instant Noodles Market, 2017 - 2027 |
6.1 Latin America Instant Noodles Market, Revenues & Volume, By Type, 2017 - 2027 |
6.2 Latin America Instant Noodles Market, Revenues & Volume, By Packaging, 2017 - 2027 |
6.3 Latin America Instant Noodles Market, Revenues & Volume, By Sales Channel, 2017 - 2027 |
7 Brazil Instant Noodles Market, 2017 - 2027 |
7.1 Brazil Instant Noodles Market, Revenues & Volume, By Type, 2017 - 2027 |
7.2 Brazil Instant Noodles Market, Revenues & Volume, By Packaging, 2017 - 2027 |
7.3 Brazil Instant Noodles Market, Revenues & Volume, By Sales Channel, 2017 - 2027 |
8 Mexico Instant Noodles Market, 2017 - 2027 |
8.1 Mexico Instant Noodles Market, Revenues & Volume, By Type, 2017 - 2027 |
8.2 Mexico Instant Noodles Market, Revenues & Volume, By Packaging, 2017 - 2027 |
8.3 Mexico Instant Noodles Market, Revenues & Volume, By Sales Channel, 2017 - 2027 |
9 Argentina Instant Noodles Market, 2017 - 2027 |
9.1 Argentina Instant Noodles Market, Revenues & Volume, By Type, 2017 - 2027 |
9.2 Argentina Instant Noodles Market, Revenues & Volume, By Packaging, 2017 - 2027 |
9.3 Argentina Instant Noodles Market, Revenues & Volume, By Sales Channel, 2017 - 2027 |
10 Rest of Latin America Instant Noodles Market, 2017 - 2027 |
10.1 Rest of Latin America Instant Noodles Market, Revenues & Volume, By Type, 2017 - 2027 |
10.2 Rest of Latin America Instant Noodles Market, Revenues & Volume, By Packaging, 2017 - 2027 |
10.3 Rest of Latin America Instant Noodles Market, Revenues & Volume, By Sales Channel, 2017 - 2027 |
11 Latin America Instant Noodles Market Key Performance Indicators |
12 Latin America Instant Noodles Market - Opportunity Assessment |
12.1 Latin America Instant Noodles Market Opportunity Assessment, By Countries, 2020 & 2027F |
12.2 Latin America Instant Noodles Market Opportunity Assessment, By Type, 2020 & 2027F |
12.3 Latin America Instant Noodles Market Opportunity Assessment, By Packaging, 2020 & 2027F |
12.4 Latin America Instant Noodles Market Opportunity Assessment, By Sales Channel, 2020 & 2027F |
13 Latin America Instant Noodles Market - Competitive Landscape |
13.1 Latin America Instant Noodles Market Revenue Share, By Companies, 2020 |
13.2 Latin America Instant Noodles Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |