Global Noodles Market Overview: 2024-2030
Base Year: 2023
Historical Years: 2019-22
Forecast Years: 2024-2030
The Global Noodles Market size was valued at around USD 16.78 billion in 2023 and is projected to reach USD 21.32 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 3.42% during the forecast period, i.e., 2024-30. The Global Noodles Market is going through significant growth due to multiple drivers like technological advancements and, of course, increasing healthcare needs. The increase in road accidents throughout the country creates a greater demand for X-rays.
Markntel Advisor’s Global Noodles Market Insights report provides the current and forecast market analysis, individual leading companies' market shares, challenges, Global Noodles Market drivers, barriers, Global Noodles Market Trends, and Key Players in Global Noodles Market.
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Global Noodles Market Dynamics: 2024-2030
Global Noodles Market Driver:
Growing Tourism Expansion of Restaurant Chains to Drive Market Growth – The growing tourism sector, particularly in countries such as South Korea, China, Singapore, the US, India, etc., has positively impacted the demand for noodles in the past years. With the growing disposable income and the presence of various tourist destinations in these countries, these are witnessing an influx of various tourists around the year. Hence, with the rising number of tourist arrivals across the countries, there is an expansion in the number of restaurants and cafes. In 2024, the Boon Group announced the opening of an Asian restaurant at Blossom Houston in Texas. In the food service sector, the growing restaurant revolution has led to the opening of new food outlets, advanced restaurants, and affordable pricing strategies. One of the primary and affordable food items on the menu is noodles and its-relatable dishes like soupy noodles, Egg Noodles, Rice Stick Noodles, etc. Hence, this is expected to drive the market growth during the forecast period as well.
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Global Noodles Market (2024-30): Segmentation Outlook
The market report has segmented the market into the following categories:
By Type
-Dried- Market Size Forecast 2019-2030, USD Million
-Instant- Market Size Forecast 2019-2030, USD Million
-Frozen- Market Size Forecast 2019-2030, USD Million
By Raw Material
-Oats- Market Size Forecast 2019-2030, USD Million
-Rice- Market Size Forecast 2019-2030, USD Million
-Wheat- Market Size Forecast 2019-2030, USD Million
-White Flour- Market Size Forecast 2019-2030, USD Million
-Others (Corn, Millet, etc.) - Market Size Forecast 2019-2030, USD Million
By Nature
-Organic/Vegan- Market Size Forecast 2019-2030, USD Million
-Conventional- Market Size Forecast 2019-2030, USD Million
-Vegetarian Noodles- Market Size Forecast 2019-2030, USD Million
-Non-Vegetarian Noodles- Market Size Forecast 2019-2030, USD Million
By Form
-Wide Strip- Market Size Forecast 2019-2030, USD Million
-Narrow Strip- Market Size Forecast 2019-2030, USD Million
-Waves Strip- Market Size Forecast 2019-2030, USD Million
By End-Users
-Households- Market Size Forecast 2019-2030, USD Million
-Restaurants Food Service- Market Size Forecast 2019-2030, USD Million
-Travel Hospitality- Market Size Forecast 2019-2030, USD Million
-Others - Market Size Forecast 2019-2030, USD Million
By Packaging Type
-Packets- Market Size Forecast 2019-2030, USD Million
-Cups- Market Size Forecast 2019-2030, USD Million
By Sales Channel
-Online Channel- Market Size Forecast 2019-2030, USD Million
-Offline Channel- Market Size Forecast 2019-2030, USD Million
-Supermarkets/Hypermarkets- Market Size Forecast 2019-2030, USD Million
-Convenience Stores- Market Size Forecast 2019-2030, USD Million
-Others - Market Size Forecast 2019-2030, USD Million
By Region
-North America
-South America
-Europe
-The Middle East Africa
-Asia-Pacific.
Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.
Top Companies Operating in the Global Noodles Market:
Nissin Foods Holdings Co. Ltd., Mandarin Noodle, Sun Noodle, Yau Kee Noodles Factory Ltd., Sakura Noodle Inc., Acecook Vietnam Joint Stock Co., Samyang Foods Co., Ltd., Lotus Foods, Ebro Ingredients (Ebro Foods), Nongshim Co., Ltd., House Foods Group Inc., Ottogi Co. Ltd., Nestle SA, Sanyo Foods Corp. of America, Thai President Foods Public Co. Ltd., and Others (Capital Foods Pvt. Ltd., etc.).
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