According to a new report by Expert Market Research, the global instant noodles market reached a volume of 113 Billion packets in 2018 and is further expected to reach a volume of 124 Billion packets by 2024. 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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"Instant Noodles Market Report: By Country, China, Indonesia, Japan, India, Vietnam, United States, Republic of Korea, Thailand, Saudi Arabian & Others; SWOT Analysis; Historical Production and Consumption (2014-2018); Production and Consumption Forecast (2019-2024); Competitive Landscape"
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