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The global instant noodles market is supporting the growth of the Saudi Arabia instant noodles market. The global industry reached a value of nearly USD 44.5 billion in 2020.
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In the forecast period of 2022-2027, the global instant noodles industry is expected to grow at a CAGR of 5%. By 2026, the industry is expected to attain USD 61.4 billion globally.
The industry is being aided by the increasingly fast-paced lifestyle of consumers and the rising consumption of processed foods globally. Globally, instant fried noodles are the most popular type of product, accounting for the majority of the market share. Since these noodles are flash fried, they help in protecting the flavour of the noodles, as well as enhance the shelf life and prevent the growth of bacteria in the product.
The market in Saudi Arabia is being driven by the rising food and beverage industry in the country. The food and beverage industry represents one of the largest shares of the total household spending in Saudi Arabia. The rapidly growing population, along with rising globalisation, of the region is also expected to support the industry growth. Saudi Arabia has the largest population in the GCC region and has an average population growth rate of 3.3% for 29 million people. Over 50% of the population in the country is under the age of 25, which is also a major factor propelling the growth of the industry as the younger consumers in Saudi Arabia are more susceptible to Western consumer trends. The rising fast-food consumption in the country is also aiding the growth of the market. Non-veg instant noodles dominate the industry in Saudi Arabia, especially chicken flavoured noodles, which were introduced in the country by the immigrant household workers from Indonesia.
Indomie noodles, which are produced by a leading key player in the industry, Pinehill Arabia Food Ltd, accounts for the majority of the market share in the industry. Indomie’s market is expected to be around 95% in the Saudi Arabia instant noodles industry. It is guaranteed to be halal and is significantly preferred by the large Muslim population in the country as Saudi Arabia has one of the largest Muslim population globally. The overall instant noodle industry is, thus, also being supported by the rapidly rising demand for halal processed food in the country.
Instant noodles are a noodle dish which are sold with flavouring powder and seasoning oil in a precooked and dried noodle block. Typically, wheat flour, palm oil, and salt are the main ingredients used in dried noodles. The instant noodles are commonly found in two forms:
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The sources of the product can be divided into:
The types of instant noodles can be segmented into:
The packaging type can be bifurcated into cups or packet.
The report also covers the regional markets like Makkah, Riyadh, Madinah, Qassim, and Eastern Province, among others.
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Due to the increasingly hectic lifestyle, the working population prefers affordable and quick meals, such as instant noodles, which require minimal cooking. Thus, the growing working population of Saudi Arabia is aiding the growth of the instant noodles market in Saudi Arabia. The rapid urbanisation and the increasing purchasing power of consumers have changed the eating habits of the population. This shift in their eating habits has created a significant opportunity for the industry to flourish in the country.
Instant noodles are available in multiple different flavours, along with numerous vegetarian and non-vegetarian variations. Moreover, the key players keep formulating new flavours, textures, and seasonings/tastemakers to expand their consumer base. Thus, the rising diversification of products is expected to support the industry growth in the coming years. The availability of numerous flavours caters to the tastes of all age groups, including kids and youngsters. The increasing organised food retail sector, with a rising number of departmental stores, hypermarkets, supermarkets, as well as convenience stores, is expected to support the growth of the industry. The industry is also expected to be aided by the rising consumption of convenient and ready-to-eat products in the region. The ease of preparation and the longer shelf life are further projected to propel the growth of the industry in the country.
The report gives a detailed analysis of the following key players in the Saudi Arabia instant noodles market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the industry based on Porter’s Five Forces model, along with giving a SWOT analysis.
|Scope of the Report||Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Form, Source, Type, Packaging Type, Provinces|
|Breakup by Form||Fried Noodles, Non-Fried Noodles|
|Breakup by Source||Wheat Flour, Oats Flour, Fine Wheat Flour/Maida Flour, Rice Flour, Others|
|Breakup by Type||Veg Noodles, Non-Veg Noodles, Plain Noodles|
|Breakup by Packaging Type||Cup, Packets|
|Breakup by Provinces||Makkah,Riyadih, Madinah, Qassim, Eastern Province, Others|
|Market Dynamics||SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand|
|Competitive Landscape||Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications|
|Companies Covered||Pinehill Arabia Food Ltd., Nestle SA, Riyadh Food Pvt. Ltd., Chaudhary Group, Others|
|Report Price and Purchase Option||Explore our purchase options that are best suited to your resources and industry needs.|
|Delivery Format||Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.|
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6.1 Saudi Arabia
7 Industry Opportunities and Challenges
8 Global Instant Noodles Market Overview
8.1 Global Instant Noodles Historical Market (2017-2021)
8.2 Global Instant Noodles Market Forecast (2022-2027)
8.3 Global Instant Noodles Market by Form
8.3.1 Fried Noodles
8.3.2 Non-Fried Noodles
8.4 Global Instant Noodles Market by Source
8.4.1 Wheat Flour
8.4.2 Oats Flour
8.4.3 Fine Wheat Flour/Maida Flour
8.4.4 Rice Flour
8.5 Global Instant Noodles Market by Region
8.5.1 North America
8.5.3 Asia Pacific
8.5.4 Latin America
8.5.5 Middle East and Africa
9 Saudi Arabia Instant Noodles Market Analysis
9.1 Key Industry Highlights
9.2 Saudi Arabia Instant Noodles Historical Market (2017-2021)
9.3 Saudi Arabia Instant Noodles Market Forecast (2022-2027)
9.4 Saudi Arabia Instant Noodles Market by Form
9.4.1 Fried Noodles
126.96.36.199 Market Share
188.8.131.52 Historical Trend (2017-2021)
184.108.40.206 Forecast Trend (2022-2027)
9.4.2 Non-Fried Noodles
220.127.116.11 Market Share
18.104.22.168 Historical Trend (2017-2021)
22.214.171.124 Forecast Trend (2022-2027)
9.5 Saudi Arabia Instant Noodles Market by Source
9.5.1 Wheat Flour
126.96.36.199 Market Share
188.8.131.52 Historical Trend (2017-2021)
184.108.40.206 Forecast Trend (2022-2027)
9.5.2 Oats Flour
220.127.116.11 Market Share
18.104.22.168 Historical Trend (2017-2021)
22.214.171.124 Forecast Trend (2022-2027)
9.5.3 Fine Wheat Flour/Maida Flour
126.96.36.199 Market Share
188.8.131.52 Historical Trend (2017-2021)
184.108.40.206 Forecast Trend (2022-2027)
9.5.4 Rice Flour
220.127.116.11 Market Share
18.104.22.168 Historical Trend (2017-2021)
22.214.171.124 Forecast Trend (2022-2027)
9.6 Saudi Arabia Instant Noodles Market by Type
9.6.1 Veg Noodles
126.96.36.199 Market Share
188.8.131.52 Historical Trend (2017-2021)
184.108.40.206 Forecast Trend (2022-2027)
9.6.2 Non-Veg Noodles
220.127.116.11 Market Share
18.104.22.168 Historical Trend (2017-2021)
22.214.171.124 Forecast Trend (2022-2027)
9.6.3 Plain Noodles
126.96.36.199 Market Share
188.8.131.52 Historical Trend (2017-2021)
184.108.40.206 Forecast Trend (2022-2027)
9.7 Saudi Arabia Instant Noodles Market by Packaging Type
220.127.116.11 Market Share
18.104.22.168 Historical Trend (2017-2021)
22.214.171.124 Forecast Trend (2022-2027)
126.96.36.199 Market Share
188.8.131.52 Historical Trend (2017-2021)
184.108.40.206 Forecast Trend (2022-2027)
9.8 Saudi Arabia Instant Noodles Market by Provinces
9.8.1 Market Share
220.127.116.11 Eastern Province
10 Market Dynamics
10.1 SWOT Analysis
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Pinehill Arabia Food Ltd.
18.104.22.168 Company Overview
22.214.171.124 Product Portfolio
126.96.36.199 Demographic Reach and Achievements
12.2.2 Nestle SA
188.8.131.52 Company Overview
184.108.40.206 Product Portfolio
220.127.116.11 Demographic Reach and Achievements
12.2.3 Riyadh Food Pvt. Ltd.
18.104.22.168 Company Overview
22.214.171.124 Product Portfolio
126.96.36.199 Demographic Reach and Achievements
12.2.4 Chaudhary Group
188.8.131.52 Company Overview
184.108.40.206 Product Portfolio
220.127.116.11 Demographic Reach and Achievements
13 Industry Events and Developments
List of Figures and Tables
1. Global Instant Noodles Market Overview
2. Global Instant Noodles Historical Market: Breakup by Form (USD Million)
3. Global Instant Noodles Historical Market: Breakup by Source (USD Million)
4. Global Instant Noodles Historical Market: Breakup by Region (USD Million)
5. Saudi Arabia Instant Noodles Market: Key Industry Highlights, 2016 and 2026
6. Saudi Arabia Instant Noodles Historical Market: Breakup by Form (USD Million), 2017-2021
7. Saudi Arabia Instant Noodles Market Forecast: Breakup by Form (USD Million), 2022-2027
8. Saudi Arabia Instant Noodles Historical Market: Breakup by Source (USD Million), 2017-2021
9. Saudi Arabia Instant Noodles Market Forecast: Breakup by Source (USD Million), 2022-2027
10. Saudi Arabia Instant Noodles Historical Market: Breakup by Type (USD Million), 2017-2021
11. Saudi Arabia Instant Noodles Market Forecast: Breakup by Type (USD Million), 2022-2027
12. Saudi Arabia Instant Noodles Historical Market: Breakup by Packaging Type (USD Million), 2017-2021
13. Saudi Arabia Instant Noodles Market Forecast: Breakup by Packaging Type (USD Million), 2022-2027
14. Saudi Arabia Instant Noodles Historical Market: Breakup by Province (USD Million), 2017-2021
15. Saudi Arabia Instant Noodles Market Forecast: Breakup by Province (USD Million), 2022-2027
16. Saudi Arabia Instant Noodles Market Structure
The Saudi Arabia instant noodles market is aided by the growth of the global market, which attained a value of USD 44.5 billion in 2020. The global market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 5%. The industry is projected to reach USD 61.4 billion by 2026 globally.
EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on its types, the Saudi Arabia market can be segmented into veg, non-veg, and plain noodles, with the non-veg noodles leading the regional market. On the basis of forms, the regional industry can be bifurcated into fried and non-fried noodles. The major sources of the product are wheat flour, oats flour, fine wheat flour/maida flour, and rice flour, among others. The major regional markets for instant noodles in Saudi Arabia are Makkah, Riyadh, Madinah, Qassim, and Eastern Province, among others. The key players in the above market include Pinehill Arabia Food Ltd., Nestle SA, Riyadh Food Pvt.Ltd., and CG Corp. (Wai Wai), among others.
The major drivers of the industry such as rising disposable incomes, increasing population, hectic lifestyles, product diversification, and a large population of younger consumers are expected to aid the market growth. EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
EMR’s approach gives their clients a comprehensive assessment of the prevailing and projected market conditions through the collection, collation, and analysis of data from trusted sources. The key questions answered in the market study are:
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