China Instant Noodle Market

Instant noodles are the dried and precooked noodles that is usually prepared by two processes: flash and air frying. The major ingredients used in instant noodles include wheat flour, palm oil, and salt. The instant noodles offer remarkable benefits such as high nutritional value, safety, taste, convenience, longer shelf life, and reasonable price range.

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The key factors supporting the growth of the china instant noodle market include rising urbanization, increasing middle-class population, growing demand for convenient food, and the increasing disposable income of consumers. Moreover, the increasing working population owing to the hectic lifestyle which has surged the demand for affordable and ready-to-cook products. This factor is accelerating the demand of the market in the coming years. Growing awareness regarding the taste and brands among popularity, along with the changing food preference of people, will support market growth during the forecast period. In addition to this, the rising adoption of modern culture and the changing food habits of consumers is paving the way for the growth of the china instant noodle market. For instance, as per the World Instant Noodles Association (WIND), the demand for instant noodles in China is 41,450 million servings and more than 38% of global consumption in 2019. On the other hand, the growing health concerns regarding the usage of unhealthy ingredients in instant noodle may restrain the market growth in the coming years.

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Based on the product, the Fried instant noodles segment is anticipated to grow at a higher CAGR in the china instant noodle market owing to the increasing consumer preference for the flash fried noodles in China. Moreover, the fried noodles help in maintaining the flavor and prevents bacterial growth, which will further drive the growth of the fried instant noodles segment.

Based on the Distribution Channel, the supermarket segment is expected to dominate the China instant noodles market owing to the easy accessibility of various products and flavors of instant noodles. Moreover, the significant change in consumer preference and the introduction of new varieties of instant noodles through this channel will further drive the market growth of the segment.

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Various notable players operating in the market include Master Kong Instant Noodle Foodstuff Co. Ltd., Uni-President Enterprises Corporation, Nissin Food Products Co. Ltd., Jinmailang Noodle Products Co Ltd, Baixiang Food Co. Ltd., Hebei Hualong Food Group, ITC Limited, Nestle, Samyang Foods, Inc., and Nongshim Co., Ltd, among others.

The China Instant Noodle market has been segmented on the basis of the Product and Distribution Channel. Based on the Product, the market is segmented into fried instant noodles and non-fried instant noodles. Based on Distribution Channel, the market is segmented into Supermarket, Convenience Stores, Online, and Others.

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Key questions answered in this research report:

• • At what pace is China Instant Noodle market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in Instant Noodle market? What will be the impact of drivers and restraints in the future?
  • Which Product generated maximum revenues in 2019 and identify the most promising Product during the forecast period?
  • What are the various Distribution Channels of China Instant Noodle market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Market Segmentation

China Instant Noodle Market by Product

• • Fried Instant Noodles
  • Non-Fried Instant Noodles

China Instant Noodle Market by Distribution Channel

• • Supermarket
  • Convenience Stores
  • Online
  • Others

 Major Players Operating the Instant Noodle (Option: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Master Kong Instant Noodle Foodstuff Co. Ltd.
  • Uni-President Enterprises Corporation
  • Nissin Food Products Co. Ltd.
  • Jinmailang Noodle Products Co Ltd
  • Baixiang Food Co. Ltd.
  • Hebei Hualong Food Group
  • ITC Limited
  • Nestle
  • Samyang Foods, Inc.
  • Nongshim Co., Ltd