According to a new report by Expert Market Research, the global instant noodles market reached a value of USD 44 Billion in 2019 and is further expected to reach a value of USD 59 Billion by 2025. The consumption of instant noodles has swiftly increased over the past decade due to a number of factors. Busy lifestyle of people have resulted in a higher demand for ready-to-eat and convenience foods. Moreover, the shelf life of instant noodles ranges from 4 to 12 months, which means that it can be easily taken along for travelling and tours. Other factors such as increasing population, rising purchasing power of consumers, product innovations and growing demand from developing regions are further inducing the growth of the global instant noodles market.
Key findings from the report:
Expert Market Research has analysed the global instant noodles market according to major regions and top players:
Market breakup by Region
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"Global Instant Noodles Market: By Form: Fried Noodles, Non-Fried Noodles; By Source: Wheat Flour, Oats Flour, Fine Wheat Flour/Maida Flour, Rice Flour; By Type: Veg Noodles, Non-Veg Noodles, Plain Noodles; By Packaging Type: Cup, Packets; By Region: North America, Europe, Asia Pacific, Latin America, Middle East & Africa; Historical Production and Consumption (2015-2019); Production and Consumption Forecast (2020-2025); SWOT Analysis; Value Chain Analysis; Porter’s Five Forces Analysis; Setting Up an Instant Noodles Manufacturing Plant; Competitive Landscape & Supplier Analysis"
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