Market Forecast by Countries (Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain, and Turkey), By Type (Fried, Non-Fried), By Packaging (Cups, Packets), By Sales Channel (Supermarket/Hypermarket, Convenience Stores, Online Stores, Others) And Competitive Landscape
Product Code: ETC060717 | Publication Date: Mar 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Middle East Instant Noodles Market is experiencing massive growth due to changing consumer habits, rising urbanization, and the growing popularity of instant food products. The increasing demand for healthier food options due to increasing health consciousnessΒ among consumers is the major current trend in the market. In response to this trend, many companies are now offering instant noodles that are low in calories, gluten-free, or made with whole grains. The growing popularity of online sales channels is becoming increasingly popular in the Middle East, particularly among younger consumers who are looking for a wider variety of options. With the growing population and increasing urbanization in the Middle East have led to the swashbuckling demand for quick and convenient food options.
The rising disposable income of individuals is also contributing to the growth of the Middle East Instant Noodles Market share as people can buy high-quality noodles. The availability of instant noodles through both traditional retail and e-commerce channels is anticipated to expand further. The major companies have introduced new flavours and varieties to cater to changing consumer tastes and preferences, which propels the growth of the Middle East Instant Noodles Industry.
The Middle East Instant Noodles MarketΒ is projected to gain momentum in the forthcoming years on the back of the rise in the number of the young working population across the region who tends to prefer convenient and ready-to-eat food which takes minimum time to cook, where instant noodles are the idle choice of the customer. Also, the growing availability of a distinctive variety of noodles among which wheat noodles are the most preferable noodles with the growing number of health-conscious populations in developed and developing countries are estimated to boost the substantialΒ growth of the Middle East instant noodles marketΒ in the forthcoming years.
TheΒ Middle East instant noodles marketΒ is projected to witness growth over the upcoming years due to the growing working population coupled with increasing disposable income and changing consumer preferences. Some of the key aspects boosting the instant noodles marketΒ growth in the Middle EastΒ are rapid urbanization, higher brand consciousness, and an increasing middle-class population. Moreover, the modern hectic life of the people is also driving the demand for ready-to-eat food products which are further expected to support the instant noodles market growth in the forecast period.
According to 6Wresearch, the Middle East Instant Noodles Market size is anticipated to register growth during 2021-2027.Β The spread of the COVID-19 pandemic and the lockdown implemented by various governments in different countries coupled with the temporary shutdown of restaurants and other food outlets have supported the demand for the instant noodles market. Additionally, people prefer home-cooked foods and are storing essential foods at home in bulk, especially ready-to-eat food products like instant noodles. Furthermore, the current situation indicates that the stay home tendency would increase during the pandemic, which is expected to fuel the demand for these noodles in the forthcoming years.
Based on countries, UAE and Saudi Arabia are expected to dominate the instant noodles market in the Middle East on account of the growing youth segment as well as rising purchasing power. In terms of sales channels, the supermarket/hypermarket segment is expected to register the highest growth in the market over the coming years on the back of easy availability and easy reach.
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.
The Middle East instant noodles market reportΒ thoroughly covers the market by type, packaging, Sales channel, and regions including UAE, Saudi Arabia, Qatar, Kuwait, Turkey, Oman, and the rest of the Middle East. Middle East instant noodles Market outlook report provides an unbiased and detailed analysis of the ongoing Middle East 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 Middle East Instant Noodles Market Overview |
3.1 Middle East Regional Macro Economic Indicators |
3.2 Middle East Instant Noodles Market Revenues & Volume, 2020 & 2027F |
3.3 Middle East Instant Noodles Market - Industry Life Cycle |
3.4 Middle East Instant Noodles Market - Porter's Five Forces |
3.5 Middle East Instant Noodles Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Middle East Instant Noodles Market Revenues & Volume Share, By Type, 2020 & 2027F |
3.7 Middle East Instant Noodles Market Revenues & Volume Share, By Packaging, 2020 & 2027F |
3.8 Middle East Instant Noodles Market Revenues & Volume Share, By Sales Channel, 2020 & 2027F |
4 Middle East Instant Noodles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Middle East Instant Noodles Market Trends |
6 Saudi Arabia Instant Noodles Market, 2017 - 2027 |
6.1.1 Saudi Arabia Instant Noodles Market, Revenues & Volume, By Type, 2017 - 2027 |
6.1.2 Saudi Arabia Instant Noodles Market, Revenues & Volume, By Packaging, 2017 - 2027 |
6.1.3 Saudi Arabia Instant Noodles Market, Revenues & Volume, By Sales Channel, 2017 - 2027 |
7 UAE Instant Noodles Market, 2017 - 2027 |
7.1 UAE Instant Noodles Market, Revenues & Volume, By Type, 2017 - 2027 |
7.2 UAE Instant Noodles Market, Revenues & Volume, By Packaging, 2017 - 2027 |
7.3 UAE Instant Noodles Market, Revenues & Volume, By Sales Channel, 2017 - 2027 |
8 Qatar Instant Noodles Market, 2017 - 2027 |
8.1 Qatar Instant Noodles Market, Revenues & Volume, By Type, 2017 - 2027 |
8.2 Qatar Instant Noodles Market, Revenues & Volume, By Packaging, 2017 - 2027 |
8.3 Qatar Instant Noodles Market, Revenues & Volume, By Sales Channel, 2017 - 2027 |
9 Kuwait Instant Noodles Market, 2017 - 2027 |
9.1 Kuwait Instant Noodles Market, Revenues & Volume, By Type, 2017 - 2027 |
9.2 Kuwait Instant Noodles Market, Revenues & Volume, By Packaging, 2017 - 2027 |
9.3 Kuwait Instant Noodles Market, Revenues & Volume, By Sales Channel, 2017 - 2027 |
10 Oman Instant Noodles Market, 2017 - 2027 |
10.1 Oman Instant Noodles Market, Revenues & Volume, By Type, 2017 - 2027 |
10.2 Oman Instant Noodles Market, Revenues & Volume, By Packaging, 2017 - 2027 |
10.3 Oman Instant Noodles Market, Revenues & Volume, By Sales Channel, 2017 - 2027 |
11 Bahrain Instant Noodles Market, 2017 - 2027 |
11.1 Bahrain Instant Noodles Market, Revenues & Volume, By Type, 2017 - 2027 |
11.2 Bahrain Instant Noodles Market, Revenues & Volume, By Packaging, 2017 - 2027 |
11.3 Bahrain Instant Noodles Market, Revenues & Volume, By Sales Channel, 2017 - 2027 |
12 Turkey Instant Noodles Market, 2017 - 2027 |
12.1 Turkey Instant Noodles Market, Revenues & Volume, By Type, 2017 - 2027 |
12.2 Turkey Instant Noodles Market, Revenues & Volume, By Packaging, 2017 - 2027 |
12.3 Turkey Instant Noodles Market, Revenues & Volume, By Sales Channel, 2017 - 2027 |
13 Rest of Middle East Instant Noodles Market, 2017 - 2027 |
13.1 Rest of Middle East Instant Noodles Market, Revenues & Volume, By Type, 2017 - 2027 |
13.2 Rest of Middle East Instant Noodles Market, Revenues & Volume, By Packaging, 2017 - 2027 |
13.3 Rest of Middle East Instant Noodles Market, Revenues & Volume, By Sales Channel, 2017 - 2027 |
14 Middle East Instant Noodles Market Key Performance Indicators |
15 Middle East Instant Noodles Market - Opportunity Assessment |
15.1 Middle East Instant Noodles Market Opportunity Assessment, By Countries, 2020 & 2027F |
15.2 Middle East Instant Noodles Market Opportunity Assessment, By Type, 2020 & 2027F |
15.3 Middle East Instant Noodles Market Opportunity Assessment, By Packaging, 2020 & 2027F |
15.4 Middle East Instant Noodles Market Opportunity Assessment, By Sales Channel, 2020 & 2027F |
16 Middle East Instant Noodles Market - Competitive Landscape |
16.1 Middle East Instant Noodles Market Revenue Share, By Companies, 2020 |
16.2 Middle East Instant Noodles Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Company Profiles |
18 Recommendations |
19 Disclaimer |