The global instant noodles market revenue was around US$ 54.3 billion in 2023 and is estimated to reach US$ 99.8 billion by 2032, growing at a compound annual growth rate (CAGR) of 7.1% during the forecast period from 2024 to 2032.

The instant noodles market contains the commercial terrain centered around the retail and manufacturing of ready-to-cook noodle products. These noodles are packaged in single servings along with seasoning packets. This market handles the demand for on-the-go meals, showing diverse taste choices and catering to busy lifestyles.

Factors Influencing Market Growth

- The hectic work schedules of Gen Z and millennials, which leads to the growth in demand for ready-to-eat products are propelling the growth of the instant noodles market.

- The health hazards associated with chemical preservatives are anticipated to hinder the growth of the instant noodles market growth in the future.

- Development of sales channels is the major factor propelling the growth of the instant noodles market in the future with online retail outlets being one of the fastest-growing sales channels.

Impact of COVID-19

The impact of the COVID-19 pandemic had a significant influence on the instant noodles market. With the pandemic on the rise, making havoc among the population, and the delay of withstanding lockdown, people manage to shop in larger quantities. As a result, shoppers have resorted to alarm buying and have stored up on long-lasting foods like instant ramen.

Regional Analysis

In 2023, Asia-Pacific dominated the global instant noodles market in terms of revenue. Many companies are working in the Asia-Pacific instant noodles market to grow their customer base and develop their functional areas across different countries. The rise in awareness about different instant noodles products like seafood and chicken has led to the growth in demand for instant noodles products in the Asia-Pacific region.

Leading Companies

The leading prominent companies profiled in the global instant noodles market are: -

- Nestle S.A.
- Nissin Food Products Co. Ltd.
- ITC Limited
- Capital Foods Limited
- Ajinomoto Co. Inc
- Indofood Group
- Acecook Vietnam Joint Stock Company
- Campbell Soup Company
- Indofood Sukses Makmur TBH
- Toyo Suisan Kaisha
- Unilever Plc
- Tan-Viet International SA
- Mareven Foods
- Wan Thai Foods Industry
- Star (Saikebon)
- Gallina Blanca
- Other prominent key players

Segmentation Outline

The global instant noodles market segmentation focuses on Distribution Channel, Packaging, Source, Flavor, Type, and Region.

Segmentation based on Distribution Channel

- Hypermarket and supermarket
- Convenience Store
- Specialty Stores
- Online Sales Channel
- Nonfood Retailers
- Ethnic Channels
- Discounters
- Others

Segmentation based on Packaging

- Packets
- Cups
- Others

Segmentation based on Source

- Wheat Flour Noodles
- Others

Segmentation based on Flavor

- Vegetable
- Chicken
- Sea Food
- Beef
- Pork
- Plain
- Asian/Exotic
- Korean
- Others

Segmentation based on Type

- Branded
- Private Label

Segmentation based on Region

- North America
- The U.S.
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Netherlands
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Singapore
- Rest Of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa