Market Forecast by Countries (United States, Canada), By Type (Fried, Non-Fried), By Packaging (Cups, Packets), By Sales Channel (Supermarket/Hypermarket, Convenience Stores, Online Stores, Others) And Competitive Landscape
Product Code: ETC059888 | Publication Date: May 2021 | Updated Date: Apr 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
The North America Instant Noodles Market is accomplishing significant growth and the rise in demand for organic and healthier noodle options is one of the leading factors supporting the North America Instant Noodles Market Growth. People in the region are switching to healthy food items since they are becoming increasingly health-conscious and looking for nutritious options to conventional instant noodles. Plant-based products are attaining popularity which is another factor stimulating North America (US and Canada) Instant Noodles Industry. A number of players have started manufacturing instant noodles that are vegan-friendly and made from rice, wheat, and other grains. The COVID-19 pandemic affected positively the growth of the market since people stayed home and looked for easy-to-make meal alternatives, as a result, the sales of instant noodles increased. Online sales are growing instantly on the back of their ease of access and convenience. Online platforms such as Amazon offer consumers a number of competitive pricing alternatives and choices.
North America Instant Noodles Market is anticipated to register sound revenues in the forthcoming years on the back of the rising consumption of ready-to-eat food among which noodles are the most preferable one in the entire market. Additionally, the growing young population across the region who urges to taste new flavoured products has led to stimulating the food manufacturer the production of new flavoured products in order to attract a large consumer base, this aspect is estimated to act as a catalyst for the growth of the North America instant noodles market in the coming timeframe.
North America Instant Noodles Market is expected to witness growth in the coming years as noodles have become one of the most popular foods in the region. The other major factors boosting the demand for the instant noodles market in the region are the increasing middle-class population and the modern hectic lifestyle that demands quick and ready-to-eat food products along with an affordable price range. The outbreak of the COVID-19 pandemic and the lockdown implemented by various governments in different countries along with the temporary shutdown of restaurants and other food outlets have propelled 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 to increase retail costs in the future.
According to 6Wresearch, the North America Instant Noodles Market size is anticipated to register growth during 2021-2027. People prefer home-cooked foods and are stocking essential foods at home in bulk, especially instant foods like instant noodles which are expected to fuel the demand for the market in the region. Based on region, the United States is projected to hold a major share of the instant noodles market revenue in the region due to the surging convenience food sector over the upcoming years.
In terms of 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. Based on packaging, the packet segment is leading the instant noodles market in the region.
Some of the major players operating the market are Nestlé 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.
The North America instant noodles market report thoroughly covers the market by type, packaging, Sales channel, and regions including the United States, and Canada. The North America instant noodles Market outlook report provides an unbiased and detailed analysis of the ongoing North 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.
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 North America Instant Noodles Market Overview |
3.1 North America Regional Macro Economic Indicators |
3.2 North America Instant Noodles Market Revenues & Volume, 2020 & 2027F |
3.3 North America Instant Noodles Market - Industry Life Cycle |
3.4 North America Instant Noodles Market - Porter's Five Forces |
3.5 North America Instant Noodles Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 North America Instant Noodles Market Revenues & Volume Share, By Type, 2020 & 2027F |
3.7 North America Instant Noodles Market Revenues & Volume Share, By Packaging, 2020 & 2027F |
3.8 North America Instant Noodles Market Revenues & Volume Share, By Sales Channel, 2020 & 2027F |
4 North America Instant Noodles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Instant Noodles Market Trends |
6 North America Instant Noodles Market, 2017 - 2027 |
6.1 North America Instant Noodles Market, Revenues & Volume, By Type, 2017 - 2027 |
6.2 North America Instant Noodles Market, Revenues & Volume, By Packaging, 2017 - 2027 |
6.3 North America Instant Noodles Market, Revenues & Volume, By Sales Channel, 2017 - 2027 |
7 North America Instant Noodles Market, 2017 - 2027 |
7.1 North America Instant Noodles Market, Revenues & Volume, By Type, 2017 - 2027 |
7.2 North America Instant Noodles Market, Revenues & Volume, By Packaging, 2017 - 2027 |
7.3 North America Instant Noodles Market, Revenues & Volume, By Sales Channel, 2017 - 2027 |
8 United States Instant Noodles Market, 2017 - 2027 |
8.1 United States Instant Noodles Market, Revenues & Volume, By Type, 2017 - 2027 |
8.2 United States Instant Noodles Market, Revenues & Volume, By Packaging, 2017 - 2027 |
8.3 United States Instant Noodles Market, Revenues & Volume, By Sales Channel, 2017 - 2027 |
9 Canada Instant Noodles Market, 2017 - 2027 |
9.1 Canada Instant Noodles Market, Revenues & Volume, By Type, 2017 - 2027 |
9.2 Canada Instant Noodles Market, Revenues & Volume, By Packaging, 2017 - 2027 |
9.3 Canada Instant Noodles Market, Revenues & Volume, By Sales Channel, 2017 - 2027 |
10 North America Instant Noodles Market, 2017 - 2027 |
10.1 North America Instant Noodles Market, Revenues & Volume, By Type, 2017 - 2027 |
10.2 North America Instant Noodles Market, Revenues & Volume, By Packaging, 2017 - 2027 |
10.3 North America Instant Noodles Market, Revenues & Volume, By Sales Channel, 2017 - 2027 |
11 North America Instant Noodles Market Key Performance Indicators |
12 North America Instant Noodles Market - Opportunity Assessment |
12.1 North America Instant Noodles Market Opportunity Assessment, By Countries, 2020 & 2027F |
12.2 North America Instant Noodles Market Opportunity Assessment, By Type, 2020 & 2027F |
12.3 North America Instant Noodles Market Opportunity Assessment, By Packaging, 2020 & 2027F |
12.4 North America Instant Noodles Market Opportunity Assessment, By Sales Channel, 2020 & 2027F |
13 North America Instant Noodles Market - Competitive Landscape |
13.1 North America Instant Noodles Market Revenue Share, By Companies, 2020 |
13.2 North America Instant Noodles Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |