About Fresh Noodles
Fresh Noodles are a sort of unleavened dough. It is made from soft white wheat flour that is rolled flat and sliced into long strips or threads before being stretched or extruded. Fresh Noodle is low sodium and cholesterol-free. Fresh noodle are gained popularity worldwide because it is quick and easy to make. Rising living standards & increasing working women population in the Asia-pacific countries including India, China, and Japan, etc. owing to rising disposable income will further contribute to the market expansion.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 5.21% |
Global Fresh Noodle is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching Products. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Hebei Hualong Food Group (China), Indofood Sukses Makmur (Indonesia), Nissin Foods (Japan), Nestle (Switzerland), Acecook Vietnam Joint Stock Company (Vietnam), Sanyo Foods (United States) and Toyo Suisan Kaisha Ltd. (Japan) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Uni-President Enterprises Corp. (Taiwan), Tingyi (Cayman Islands) Holding Corp. (China) and The Unilever Group (United Kingdom).
Segmentation Overview
AMA Research has segmented the market of Global Fresh Noodles market by Type (Egg Noodles, Ramen Noodles, Udon Noodles, Soba Noodles, Mung Bean Thread Noodles and Others), Application (Household and Commercial) and Region.
On the basis of geography, the market of Fresh Noodles has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Fresh Noodles market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Strip Type, the sub-segment i.e. Wide will boost the Fresh Noodles market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
High Acceptance of Side Dishes Such as Fresh Noodle and Increased Demand due to Launch of Gluten-free, and Vegan Fresh Noodle Products
Market Growth Drivers:
Overflow of Demand for Ready-to-Cook Products due to Hectic Lifestyle and Working Population and Rapid Urbanization and Increasing Disposable Income have Altered the Eating Habits of Customers
Challenges:
In-balanced Supply of Raw Materials
Restraints:
Health-Related Issues With the High Consumption of Fresh Noodle and Stringent Government Regulation on the Noodles Manufacturers
Opportunities:
Growing Food Industry in Emerging Countries
Market Leaders and their expansionary development strategies
In April 2021, Conagra Brands, a major food conglomerate, acquired Angie's Artisan Treats, a company known for its fresh and refrigerated pasta, for 2.5 billion This move suggests an increasing interest in the fresh noodle market by established food companies.
In August 2023, Nissin, a major instant noodle producer, launched a line of fresh refrigerated noodles in the US market, targeting consumers seeking healthier and more convenient options
As per the Food Safety and Standards Authority of India (FSSAI), the quality of taste-makers and other ingredients should be verified. The packaging of noodles should be more clear in the quality standards. As well as the standards state the specific standards for tastemakers, a key ingredient in instant noodles.
Key Target Audience
Fresh Noodle Manufacturers, Fresh Noodle Suppliers and Distributors, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.