The instant noodles market refers to the sector that produces and sells pre-cooked noodles, typically packaged in cups or bags, which require minimal preparation time. These noodles are often dehydrated and flavored with seasoning packets, making them convenient for consumers seeking quick meal options. The market encompasses various types of instant noodles, including traditional, cup, and bowl varieties, with flavors ranging from classic chicken and beef to spicy and vegetarian options. Key drivers of growth include increasing urbanization, busy lifestyles, and a rising demand for convenient, affordable meals. The market is also influenced by trends in health and nutrition, leading to the introduction of healthier variants, such as whole grain and low-sodium options.
Access Full Report @ https://www.databridgemarketresearch.com/reports/europe-instant-noodles-market
Data Bridge Market Research analyzes that the Europe Instant Noodles Market size was valued at USD 5.58 billion in 2023 and is projected to reach USD 7.90 billion by 2031, with a CAGR of 4.5% during the forecast period of 2024 to 2031.
Key Findings of the Study
Globalization of Culinary Traditions and the Growing Acceptance of Diverse Cuisines
The globalization of culinary traditions has a considerable impact on the worldwide instant noodles industry, acting as a primary driver for its growth. Universal acceptance of varied cuisines is expanding as culinary boundaries melt and consumer palates become more experimental such that there is a greater need for convenient and universally influenced culinary options, with instant noodles emerging as a varied and accessible option.
Moreover, the busy and fast-paced lifestyles of consumers worldwide contribute to the success of the instant noodles market. As people seek quick and convenient meal solutions, instant noodles offer a time-efficient and satisfying option. The convenience and long shelf life of instant noodles further align with the demands of a broad consumer base. The globalization of culinary traditions fosters a more open and adventurous approach to food choices, propelling the growth of the Europe instant noodles market.
Report Scope and Market Segmentation
|
Report Metric
|
Details
|
|
Forecast Period
|
2024 to 2031
|
|
Base Year
|
2023
|
|
Historic Years
|
2022 (Customizable to 2016-2021)
|
|
Quantitative Units
|
Revenue in USD Billion
|
|
Segments Covered
|
Noodles Type (Fried Noodles and Non-Fried Noodles), Type (Meat, Vegetable and Seafood), Type of Seasonings (Spices, Soy Sauce, Vinegar, Cheese, Bean Paste, Citrus, and Others), Raw Material (Cereals & Grains, Legumes & Pulses, and Others), Category (Conventional and Organic), Packaging (Cups, Bowls & Tubs, Pouches and Packets, Boxes, and Others), Packaging Size (Single Pack Size, Dual Pack Size, and Multi Pack Size), Gluten Content (With Gluten and Gluten Free), Brand (Branded and Private Label), Price (Low Priced, Mid-Price, High Priced, and Premium), Distribution Channel (Store-Based Retailing and Non-Store Retailing)
|
|
Countries Covered
|
Germany, France, U.K., Italy, Spain, Belgium, Netherlands, Switzerland, Russia, Turkey, Poland, and rest of Europe
|
|
Market Players Covered
|
NISSIN FOODS HOLDINGS CO., LTD (Japan), Nestle (Switzerland), PT INDOFOOD CBP SUKSES MAKMUR TBK (Indonesia), Unilever (U.K.), Ajinomoto Co., Inc. (Japan), ACECOOK VIET NAM (Vietnam), Baixiangfood.com Inc (China), CAMPBELL SOUP COMPANY (U.S.), Capital Foods Limited (India), CG Corp | Global (Nepal), KABUTO NOODLES (U.K.), Kellanova (U.S.), Kohlico Brands UK Ltd. (U.K.), Olam Group (Singapore), and Thai President Foods Public Company Limited (Thailand) among others
|
|
Data Points Covered in the Report
|
In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, pricing analysis, brand share analysis, consumer survey, demography analysis, supply chain analysis, value chain analysis, raw material/consumables overview, vendor selection criteria, PESTLE Analysis, Porter Analysis, and regulatory framework.
|
Segment Analysis
Europe instant noodles market is segmented into eleven notable segments based on noodles type, type, type of seasonings, raw material, category, packaging, packaging size, gluten content, brand, price, and distribution channel.
- On the basis of noodles type, the Europe instant noodles market is segmented into fried noodles and non-fried noodles
In 2024, the fried noodles segment is expected to dominate the Europe instant noodles market
In 2024, the fried noodles segment is expected to dominate the market with a market share of 62.64% due to their crispy texture, versatile flavor profiles, and increasing consumer preferences for indulgent, savory options, reflecting a global culinary trend.
- On the basis of type, the Europe instant noodles market is segmented into meat, vegetable, and seafood
In 2024, the meat segment is expected to dominate the Europe instant noodles market
In 2024, the meat segment is expected to dominate the market with a market share of 43.65% due to increasing consumer demand for protein-rich and flavorful options, aligning with preferences for substantial and satisfying meal.
- On the basis of type of seasonings, the Europe instant noodles market is segmented into spices, soy sauce, vinegar, cheese, bean paste, citrus, and others. In 2024, the spices segment is expected to dominate the market with a market share of 31.71%
- On the basis of raw material, the Europe instant noodles market is segmented into cereals & grains, legumes & pulses, and others. In 2024, the cereals & grains segment is expected to dominate the market with a market share of 56.15%
- On the basis of category, the Europe instant noodles market is segmented into conventional and organic. In 2024, the conventional segment is expected to dominate the market with a market share of 62.05%
- On the basis of packaging, the Europe instant noodles market is segmented into cups, bowls & tubs, pouches and packets, boxes, and others. In 2024, the cups, bowls & tubs segment is expected to dominate the market with a market share of 43.00%
- On the basis of packaging size, the Europe instant noodles market is segmented into single pack size, dual pack size, and multi pack size. In 2024, the single pack size segment is expected to dominate the market with a market share of 61.78%
- On the basis of gluten content, the Europe instant noodles market is segmented into with gluten and gluten free. In 2024, the with gluten segment is expected to dominate the market with a market share of 71.41%
- On the basis of brand, the Europe instant noodles market is segmented into branded and private label. In 2024, the branded segment is expected to dominate the market with a market share of 77.57%
- On the basis of price, the Europe instant noodles market is segmented into low priced, mid-priced, high priced, and premium. In 2024, the low priced segment is expected to dominate the market with a market share of 42.90%
- On the basis of distribution channel, the Europe instant noodles market is segmented into store-based retailing and non-store retailing. In 2024, the store-based retailing segment is expected to dominate the market with a market share of 82.61%
Major Players
Data Bridge Market Research analyzes NISSIN FOODS HOLDINGS CO., LTD (Japan), Nestle (Switzerland), PT INDOFOOD CBP SUKSES MAKMUR TBK (Indonesia), Unilever (U.K.), and Ajinomoto Co., Inc. (Japan) among others as the major players in the Europe instant noodles market.
Market Developments
- In June 2023, NISSIN FOODS DO BRASIL LTDA., a subsidiary of NISSIN FOODS HOLDINGS CO., LTD., constructed a new plant in Ponta Grossa, Brazil, to meet the rising demand for instant noodles
- In March 2024, Chewy noodles delightfully combined with Middle Eastern spices that are rich in flavours, topped with sweet raisins to complement the luxurious taste of Indomie Goreng Kebuli that delivers us the Middle Eastern experience. Indomie Goreng Kebuli, rich in flavor, abundantly delightful
- In July 2024, Tata Consumer Products announced that it has signed definitive agreements to acquire 100% equity shares of Capital Foods, owner of the brands ‘Ching’s Secret’ and ‘Smith & Jones’, in a phased manner. 75% of the equity shareholding will be acquired upfront and the balance 25% shareholding will be acquired within the next three years. This move is consistent with Tata Consumer’s strategic intent to expand its product portfolio and its target addressable market in fast growing/high margin categories
- In July 2024, Kabuto Noodles has launched new wok-style stir-in noodle pots in Original, Chilli, and Korean BBQ flavors! Made with natural ingredients, they’re perfect for quick meals and are fully recyclable. Available at major retailers
- In September 2024, Thai President Foods Public Company Limited, Sriracha, Rayong, and Lamphun factories, received the Green Industry Level 4 Award for the year 2023 from the Ministry of Industry executives. This award is part of the project to develop enterprises towards green industry, promoting environmentally and socially friendly industrial operations by the Department of Industrial Works
For more detailed information about the Europe Instant Noodles Market report, click here – https://www.databridgemarketresearch.com/reports/europe-instant-noodles-market
