Europe Instant Noodles Market Segmentation, By 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) – Industry Trends and Forecast to 2031
Instant Noodles Market Analysis
Instant noodles market has the key factors fueling the increasing demand for convenient and ready-to-eat food products. Substantial increase in consumption patterns driven by the affordability, ease of storage, extended shelf life, and enhanced convenience associated with these products are driving the market's expansion. In addition, globalization of culinary traditions and the growing acceptance of diverse cuisines is likely to fuel the market's growth.
Instant Noodles Market Size
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. 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.
Instant Noodles Market Trends
“Increasing Demand for Convenient and Ready-To-Eat Food Products”
One major factor driving the Europe instant noodles market is the increasing use of handy food products. This trend is derived from customers changing lifestyles around the globe, which are marked by a need for quick, hassle-free meal options, on-the-go consumption, and time-saving solutions. Convenience has been a top factor while choosing food in today's fast-paced world where people frequently have busy schedules to manage. Instant noodles well meet this desire for simple, quick meals. They provide a practical option for professionals, students, and others with hectic schedules looking for a quick but filling meal.
The simplicity of preparation for instant noodles is a key factor contributing to their popularity. Requiring minimal cooking skills and time, these noodles provide a quick and efficient way to quench hunger. The convenience is seen as instant noodles typically have a long shelf life, making them a reliable and readily available food option for consumers. In addition, the cross-cultural acceptance of instant noodles has been made easier by the modern society. Instant noodles appeal to a wide range of consumers with flavors and types influenced by many cuisines. Their capacity to adjust to various cultural situations and taste preferences has been crucial to their broad acceptance and the expansion of the industry.
Report Scope and Instant Noodles Market Segmentation
|
Attributes
|
Instant Noodles Key Market Insights
|
|
Segments Covered
|
|
|
Countries Covered
|
Germany, France, U.K., Italy, Spain, Belgium, Netherlands, Switzerland, Russia, Turkey, Poland, and Rest of Europe
|
|
Key Market Players
|
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
|
|
Market Opportunities
|
|
|
Value Added Data Infosets
|
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.
|
Instant Noodles Market Definition
Instant noodles are a type of precooked and usually dried noodle block, typically sold with a powdered flavoring packet or a liquid seasoning. They are designed for rapid preparation by boiling or soaking in hot water, making them a convenient and quick meal option. Widely popular for their affordability, ease of storage, and swift cooking process, instant noodles have become a global staple, offering a convenient solution for individuals seeking a fast and accessible meal in various culinary cultures.
Instant Noodles Market Dynamics
Drivers
- Substantial Increase in Consumption Patterns of Instant Noodles
One of the key factors is the low cost of instant noodles, which makes them a cost-effective and budget-friendly option for people all around the world. This pricing feature is especially important in regions where economic factors substantially impact purchase decisions, allowing a diverse populace to obtain and incorporate instant noodles into their regular diet.
Another important factor driving instant noodles use is the simplicity with which they may be stored. These products are often packaged in convenient, compact packaging that requires little storage space. This feature makes instant noodles appealing to consumers with limited storage space or those looking for non-perishable food items for emergency preparedness. The fact that instant noodles have a long shelf life contributes to their popularity. The preservation methods used in creating these noodles allow for a longer shelf life, lowering the danger of rotting and reducing food waste. This increased durability corresponds to modern customer desires for longer-lasting food options, boosting the convenience of maintaining instant noodles as a home staple.
For instance,
July 2022, according to an article by ResearchGate GmbH, the popularity and consumption of instant noodles has witnessed surge in popularity and consumption, transcending age and gender boundaries. Various factors contribute to the inclination to consume instant noodles. Factors such as taste, nutritional content, convenience, extended shelf-life, and affordability collectively contribute to the widespread popularity of instant noodles. A study conducted characterizes instant food as fast, convenient, easy to prepare, and quick to eat, further solidifying its appeal in the Europe instant noodles market.
- 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. There is a greater need for convenient and universally influenced culinary options, with instant noodles emerging as a varied and accessible option.
Consumers are increasingly willing to experiment with new instant noodles products and incorporate flavors and ingredients from different cultures into their meals. With its versatility to a wide range of taste profiles and cooking styles, instant noodles have become a symbol of this culinary fusion. Products such as ramen from Japan, pho from Vietnam, and tom yum from Thailand have grown in popularity around the world, demonstrating the impact of various culinary traditions.
Opportunities
- Introduction of Innovative Flavors and Packaging
The Europe instant noodles market has experienced remarkable growth over the years, becoming a staple in the diet of millions worldwide due to its convenience and quick preparation. In recent times, an exciting opportunity has emerged within the industry – the exploration and implementation of innovative flavors and packaging. This trend not only addresses the evolving consumer preferences for diverse and unique culinary experiences but also contributes to the market's sustainability and adaptability.
One important possibility is the development of fresh and exotic flavors that go beyond the standard offerings. Consumers today are looking for unique taste experiences, motivated by a desire for diversity and study of diverse cuisines. Manufacturers can take advantage of this by introducing novel and culturally varied flavors into their instant noodle products. This method not only accommodates shifting taste preferences, but also capitalizes on the expanding the interest in international cuisines. Flavors inspired by regional delicacies, fusion concepts, or health-conscious components can appeal to a wider audience, positioning instant noodles as a diverse and appealing meal alternative.
For instance,
October 2023, according to an article published at Supermarketnews, Nissin Foods USA has disclosed plans to introduce a revamped paper cup design for Cup Noodles in early 2024, replacing the current polystyrene cup that has been in use since the brand's introduction in the United States in 1973. This transformative change not only marks a historic shift for the brand but also aligns with evolving consumer preferences and environmental considerations. The updated packaging, now microwave-friendly, enhances the brand's overall convenience for on-the-go consumption. Despite these advancements, Cup Noodles will retain its familiar and satisfying taste, maintaining its iconic appeal. The introduction of the new paper cup signifies a crucial milestone for Cup Noodles, reflecting the brand's commitment to environmental sustainability within the dynamic landscape of the Europe instant noodles market.
- Growth in the E-Commerce Sector
The growth in the e-commerce sector presents a significant opportunity for the Europe instant noodles market, reshaping the way consumers’ access and purchase these popular convenience products. As e-commerce continues to gain momentum worldwide, the instant noodles market can leverage this trend to enhance its reach, accessibility, and overall market presence. One of the key potential is the increased geographical reach made possible by e-commerce platforms. Traditional retail distribution channels frequently have physical reach and shelf space constraints, limiting the availability of instant noodles to specific regions. E-commerce platforms cross regional boundaries, allowing producers to promote and sell their items to a huge audience. This opens up new markets and allows instant noodle manufacturers to cater to a wide range of consumer preferences and wants around the world.
For instance,
According to an article by Researchgate GmbH, within the Europe instant noodles market, e-commerce has become a viable avenue for linking agribusinesses with consumers in the food marketing system. Incorporating e-commerce in this market propose that it has the potential to enhance agribusiness profitability through elevated sales and reduced search and transaction costs. In addition, e-commerce offers the opportunity to market a diverse range of products to a larger pool of potential customers at competitive prices.
Restraints/Challenges
- Fluctuating Raw Material Costs
The Europe instant noodles market faces a significant challenge in the form of fluctuating raw material costs. Raw materials, such as wheat flour, palm oil, and various seasoning ingredients, are essential components of instant noodle production. However, their prices are subject to constant fluctuations influenced by factors such as climate conditions, geopolitical events, and economic changes. Raw material price fluctuations threaten the stability and profitability of instant noodle businesses. Price increases in key ingredients can have a substantial impact on production costs, resulting in constricted profit margins for industry participants. As a result, manufacturers may be forced to absorb the extra expenses or pass them on to customers through higher product pricing.
For instances
In August 2023, according to an article by FinModelsLab, the cost of raw materials and ingredients for instant noodle manufacturing can vary. According to recent statistical data, the average cost of wheat flour, which is the main ingredient of instant noodles, is 16.50 per 100 pounds. The cost of other key ingredients such as salt, palm oil, starch, other flavorings, and seasoning also vary. Manufacturers must be aware of seasonal fluctuations, such as the price of wheat flour can increase during periods of drought or poor harvests. In addition, the cost of transportation and delivery of the raw materials can impact the overall cost of manufacturing instant noodles.
This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers inRaw Materialation by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category perRaw Materialance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Instant Noodles Market Scope
The market is segmented on the basis of noodles type, type, type of seasonings, raw material, category, packaging, packaging size, gluten content, brand, price, distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market.
Noodles Type
- Fried Noodles
- Non-Fried Noodles
Type
- Meat
- Meat, By Type
- Chicken
- Beef
- Pork
- Others
- Meat, By Type
- Vegetable
- Seafood
- Seafood, By Type
- Finfish
- Finfish, By Type
- Salmon
- Tuna
- Shark fin
- Others
- Finfish, By Type
- Crustaceans
- Crustaceans, By Type
- Shrimps
- Crab
- Crustaceans, By Type
- Finfish
- Seafood, By Type
Type of Seasonings
- Spices
- Spices, By Type
- Pepper
- Garlic
- Chilly
- Ginger
- Lemongrass
- Cinamon
- Star anise
- Others
- Spices, By Type
- Soy Sauce
- Vinegar
- Cheese
- Bean Paste
- Citrus
- Citrus, By Type
- Lime
- Calamansi
- Others
- Citrus, By Type
Raw Material
- Cereals & Grains
- Cereals & Grains, By Type
- Meat
- Vegetable
- Seafood
- Cereals & Grains, By Type
- Wheat
- Wheat, By Type
- Meat
- Vegetable
- Seafood
- Wheat, By Type
- Rice
- Rice, By Type
- Meat
- Vegetable
- Seafood
- Rice, By Type
- Corn
- Corn, By Type
- Meat
- Vegetable
- Seafood
- Corn, By Type
- Oats
- Oats, By Type
- Meat
- Vegetable
- Seafood
- Oats, By Type
- Rye
- Rye, By Type
- Meat
- Vegetable
- Seafood
- Rye, By Type
- Quinoa
- Quinoa, By Type
- Meat
- Vegetable
- Seafood
- Quinoa, By Type
- Others
- Others, By Type
- Meat
- Vegetable
- Seafood
- Others, By Type
- Legumes & Pulses
- Legumes & Pulses, By Type
- Meat
- Vegetable
- Seafood
- Legumes & Pulses, By Type
- Wheat
- Legumes & Pulses, By Raw Material
- Lentils
- Lentils, By Category
- Red
- Green
- Yellow
- Brown
- Lentils, By Type
- Meat
- Vegetable
- Seafood
- Lentils, By Category
- Peas
- Peas, By Category
- Chickpeas
- Garden peas
- Black-eyed peas
- Peas, By Type
- Meat
- Vegetable
- Seafood
- Peas, By Category
- Beans
- Beans, By Category
- Kidney beans
- Pinto beans
- Fava beans
- Others
- Beans, By Type
- Meat
- Vegetable
- Seafood
- Beans, By Category
- Others
- Others, By Type
- Meat
- Vegetable
- Seafood
- Others, By Type
- Others
- Others, By Type
- Meat
- Vegetable
- Seafood
- Others, By Type
- Lentils
- Cereals & Grains, By Type
Category
- Conventional
- Organic
Packaging
- Cups, Bowls & Tubs
- Pouches and Packets
- Boxes
- Others
Packaging Size
- Cups, Bowls & Tubs
- Pouches and Packets
- Boxes
- Others
Gluten Content
- With Gluten
- Gluten Free
Brand
- Branded
- Private Label
Price
- Low Priced
- Mid-Price
- High Priced
- Premium
Distribution Channel
- Store-Based Retailing
- Store-Based Retailing, By Type
- Supermarkets/Hypermarkets
- Convenience Stores
- Grocery Stores
- Mom & Pop Stores
- Specialty Stores
- Wholesalers
- Pharmacies
- Others
- Store-Based Retailing, By Type
- Non-Store Retailing
- Non-Store Retailing, By Type
- Online Store
- Vending Machine
- Non-Store Retailing, By Type
Instant Noodles Market Regional Analysis
The market is analyzed and market size insights and trends are provided by country, noodles type, type, type of seasonings, raw material, category, packaging, packaging size, gluten content, brand, price, distribution channel as referenced above.
The countries covered in the market are Germany, France, U.K., Italy, Spain, Belgium, Netherlands, Switzerland, Russia, Turkey, Poland, and Rest of Europe.
Germany is expected to dominate the Europe instant noodles market due to cultural preferences, rapid urbanization, and the convenience of these affordable and easily accessible quick meals.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Europe brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Instant Noodles Market Share
The market competitive landscape provides details by competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Europe presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, Category dominance. The above data points provided are only related to the companies' focus related to market.
Instant Noodles Market Leaders Operating in the Market Are:
- 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)
- Thai President Foods Public Company Limited (Thailand)
Latest Developments in Instant Noodles Market
- 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
SKU-