Instant noodles, invented by the founder of Nissin Food Products Co., Ltd. Japan in 1958, became an immediate success and most loved snack worldwide. Today, they are produced in more than 80 countries. They are usually available in precooked and dried noodle block form, with flavouring powder and/or seasoning oil. During 2014-2018, the global instant noodles market grew at a CAGR of around 2%. The market is currently being driven by increasing number of snack loving population especially in the emerging economies, ease of preparation, longer shelf life and availability of various flavours to cater to tastes of all age groups. This report by Expert Market Research entitled “Instant Noodles Market Report and Forecast 2019–2024” provides a comprehensive analysis for anyone who plans to foray into the instant noodles market.
Historical market trends for the instant noodles industry have been provided from 2014-2018 and forecasts have been presented till 2024. On a regional level, the report has segmented the global instant noodles market into the following countries – China, Indonesia, Japan, India and Vietnam. China is the primary consumer of instant noodles, accounting for the majority of the total global consumption in 2018. China is followed by Indonesia, Japan and India.
The value chain analysis of instant noodles has also been covered in this report encompassing all the activities in the value chain such as procurement, manufacturing, sales and distribution. Furthermore, the study assesses the market based on Porter’s five forces model, which evaluates the level of competition in the market by analysing factors such as bargaining power of buyers and suppliers, threat from substitutes and new entrants. A thorough evaluation of the competitive landscape of the instant noodles industry has also been provided. Some of the key players in this market include Nissin Foods, Myojo Foods, Nestle, Sanyo Foods, Indomies, etc.
This report provides an exhaustive insight for setting-up and running an instant noodles manufacturing plant. Factors such as land requirement, construction requirement, raw material requirement, labour requirement, machinery requirement, manufacturing process, utility requirement, total capital investment, total operating costs, prices, income projections, expenditure projections, profit margins, net present value, return on investment, payback period, etc. have been comprehensively covered in this report.
The following are the key questions answered by this report:
- What are the market trends for the global instant noodles market?
- Which are the biggest markets (regions) for instant noodles?
- Who are the key manufacturers in the instant noodles market?
- What are the land and construction requirements to start an instant noodles manufacturing plant?
- What are the machinery requirements to start an instant noodles manufacturing plant?
- How are instant noodles priced? What are the profit margins at various stages of the supply chain?
- What is the total capital investment required to start an instant noodles manufacturing plant?
- What are the running costs of an instant noodles manufacturing plant?
- How much revenue can an instant noodles manufacturing plant generate?
In order to prepare this research report, Expert Market Research conducted face to face and telephonic interviews with numerous industry participants in the instant noodles industry. They included manufacturers, distributors, end users, consultants, marketing professionals, researchers, etc. Primary research accounted for the bulk of the research efforts, complimented by an extensive secondary research. Secondary sources included annual reports, press releases, books, journals, white papers, newspapers, magazines, government sources and various proprietary databases.
Expert Market Research uses its comprehensive database of macroeconomic and industry specific data to produce its market forecasts. The initial baseline forecast is produced with the most recent market data. After an initial baseline forecast, all future macroeconomic and sector-specific events and assumptions are taken into account to generate the final forecast.