Market Forecast by Countries (Germany, United Kingdom, France, Italy, Russia, Spain, Rest of Europe), By Type (Fried, Non-Fried), By Packaging (Cups, Packets), By Sales Channel (Supermarket/Hypermarket, Convenience Stores, Online Stores, Others) And Competitive Landscape
Product Code: ETC058228 | Publication Date: Feb 2021 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Europe Instant Noodles Market is projected to find its true potential in the upcoming six years on the back of the rise in the expansion of the retail outlets with the growing population which has resulted positively towards the product demand as an increased consumption rate. Additionally, the growing number of working women in the developed and developing countries who has no time left to cook food manually where instant noodles have proved efficient that takes less time to be cooked, as a result, it is estimated to bolster the impressive growth of the Europe instant noodles market in the coming time zone.
Europe instant noodles market is projected to witness growth over the coming years on account of the increasing consumer demand all over the region. The major factors boosting the instant noodles market growth coupled with contributing to its increasing popularity among consumers are nutrition, taste, affordable price range, and convenience. 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. Also, people prefer home-cooked foods and are stocking essential foods at home in bulk, especially instant foods like instant noodles. Furthermore, the current situation indicates that the stay home tendency would escalate during the pandemic, which is expected to boost the demand for these noodles in the forthcoming years.
According to 6Wresearch, Europe Instant Noodles Market size is anticipated to register growth during 2021-2027. Manufacturers in Thailand and Vietnam are exploring new opportunities in Europe due to growing consumer needs in the region which has resulted in the expansion of distribution channels and enhancement of the supply chain. Product penetration is expected to increase in the urban and rural sectors of these regions owing to the availability of smaller packet sizes at lower prices. This provides a productive growth opportunity for the market players over the forecast period. Consumers are seeking innovative food products like instant noodles that offer nutritional benefits, coupled with the taste. The manufacturers have found the potential in the product to be an effective food vehicle to add vitamins, iron, and other nutrients. Moreover, the manufacturer is emphasizing launching air-fried and sun-dried products, which are expected to aid the growth of the instant noodles market.
Based on countries, Germany and Russia are the major leading countries for instant noodles market in the region due to the rising convenience food sector over the forecast period. Germany has witnessed a significant rise in demand on account of the growing trend for consuming ethnic cuisine coupled with increasing exposure to Asian cuisine. Easy to prepare instant noodles has specifically witnessed a significant increase in demand owing to the growing trend among the younger population to have convenience food products. Instant noodles have emerged as an important snacking food in Europe due to shifting trends towards convenience and on-the-go products. The availability of ethnic flavors and nutritional value of the flour paves a way for the growth of the market in Europe.
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.
Europe instant noodles market report thoroughly covers the market by type, packaging, Sales channel, and regions including the United Kingdom, Russia, Germany, France, Italy, Spain, and the rest of Europe. Europe instant noodles Market outlook report provides an unbiased and detailed analysis of the ongoing Europe 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 Europe Instant Noodles Market Overview |
3.1 Europe Regional Macro Economic Indicators |
3.2 Europe Instant Noodles Market Revenues & Volume, 2020 & 2027F |
3.3 Europe Instant Noodles Market - Industry Life Cycle |
3.4 Europe Instant Noodles Market - Porter's Five Forces |
3.5 Europe Instant Noodles Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Europe Instant Noodles Market Revenues & Volume Share, By Type, 2020 & 2027F |
3.7 Europe Instant Noodles Market Revenues & Volume Share, By Packaging, 2020 & 2027F |
3.8 Europe Instant Noodles Market Revenues & Volume Share, By Sales Channel, 2020 & 2027F |
4 Europe Instant Noodles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Europe Instant Noodles Market Trends |
6 Europe Instant Noodles Market, 2017 - 2027 |
6.1 Europe Instant Noodles Market, Revenues & Volume, By Type, 2017 - 2027 |
6.2 Europe Instant Noodles Market, Revenues & Volume, By Packaging, 2017 - 2027 |
6.3 Europe Instant Noodles Market, Revenues & Volume, By Sales Channel, 2017 - 2027 |
7 Germany Instant Noodles Market, 2017 - 2027 |
7.1 Germany Instant Noodles Market, Revenues & Volume, By Type, 2017 - 2027 |
7.2 Germany Instant Noodles Market, Revenues & Volume, By Packaging, 2017 - 2027 |
7.3 Germany Instant Noodles Market, Revenues & Volume, By Sales Channel, 2017 - 2027 |
8 United Kingdom Instant Noodles Market, 2017 - 2027 |
8.1 United Kingdom Instant Noodles Market, Revenues & Volume, By Type, 2017 - 2027 |
8.2 United Kingdom Instant Noodles Market, Revenues & Volume, By Packaging, 2017 - 2027 |
8.3 United Kingdom Instant Noodles Market, Revenues & Volume, By Sales Channel, 2017 - 2027 |
9 France Instant Noodles Market, 2017 - 2027 |
9.1 France Instant Noodles Market, Revenues & Volume, By Type, 2017 - 2027 |
9.2 France Instant Noodles Market, Revenues & Volume, By Packaging, 2017 - 2027 |
9.3 France Instant Noodles Market, Revenues & Volume, By Sales Channel, 2017 - 2027 |
10 Italy Instant Noodles Market, 2017 - 2027 |
10.1 Italy Instant Noodles Market, Revenues & Volume, By Type, 2017 - 2027 |
10.2 Italy Instant Noodles Market, Revenues & Volume, By Packaging, 2017 - 2027 |
10.3 Italy Instant Noodles Market, Revenues & Volume, By Sales Channel, 2017 - 2027 |
11 Russia Instant Noodles Market, 2017 - 2027 |
11.1 Russia Instant Noodles Market, Revenues & Volume, By Type, 2017 - 2027 |
11.2 Russia Instant Noodles Market, Revenues & Volume, By Packaging, 2017 - 2027 |
11.3 Russia Instant Noodles Market, Revenues & Volume, By Sales Channel, 2017 - 2027 |
12 Spain Instant Noodles Market, 2017 - 2027 |
12.1 Spain Instant Noodles Market, Revenues & Volume, By Type, 2017 - 2027 |
12.2 Spain Instant Noodles Market, Revenues & Volume, By Packaging, 2017 - 2027 |
12.3 Spain Instant Noodles Market, Revenues & Volume, By Sales Channel, 2017 - 2027 |
13 Rest of Europe Instant Noodles Market, 2017 - 2027 |
13.1 Rest of Europe Instant Noodles Market, Revenues & Volume, By Type, 2017 - 2027 |
13.2 Rest of Europe Instant Noodles Market, Revenues & Volume, By Packaging, 2017 - 2027 |
13.3 Rest of Europe Instant Noodles Market, Revenues & Volume, By Sales Channel, 2017 - 2027 |
14 Europe Instant Noodles Market Key Performance Indicators |
15 Europe Instant Noodles Market - Opportunity Assessment |
15.1 Europe Instant Noodles Market Opportunity Assessment, By Countries, 2020 & 2027F |
15.2 Europe Instant Noodles Market Opportunity Assessment, By Type, 2020 & 2027F |
15.3 Europe Instant Noodles Market Opportunity Assessment, By Packaging, 2020 & 2027F |
15.4 Europe Instant Noodles Market Opportunity Assessment, By Sales Channel, 2020 & 2027F |
16 Europe Instant Noodles Market - Competitive Landscape |
16.1 Europe Instant Noodles Market Revenue Share, By Companies, 2020 |
16.2 Europe Instant Noodles Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Company Profiles |
18 Recommendations |
19 Disclaimer |