Fresh Noodles Industry Sales, Supply and Consumption 2019 Analysis and Forecasts to 2025

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Wiseguyreports.Com adds “Fresh Noodles Market 2019 Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast to 2025” To Its Research Database.

Demand from Millennial Population to Drive Fresh Noodles Market Growth

The global fresh noodles market is thriving, backed by the launch of a vast range of new products and significant demand among working professionals in various countries. Noodles are considered to be the staple food of a number of countries and are eaten on a regular basis.

Noodle is the staple food in countries like China, Korea, and Japan. Noodles, especially fresh noodles, find many buyers even in many countries in Europe. Fresh noodles come in different forms in these regions and are consumed almost on a daily basis. Therefore, fresh noodles being the staple food in these regions, the market is expected to gain significantly in the coming years.

Furthermore, fresh noodles offer a number of health benefits, which takes a lesser amount of time compared to other types of food products. This fares well with the working professionals who generally face time crunch, thereby accelerating the demand for fresh noodles. Europa states that in the year 2016, the employment rate in Europe among those between the age of 20 and 64 was 71.1%, accounting for the highest annual average ever registered for the European Union. Few reports also added that the same year, Iceland had registered around 87.8% and Switzerland recorded up to 83.3% employment rate. This gives a clear indication of the expanding population of working professionals, which elevates demand for fresh noodles market in the process.

The Leading key players covered in this study 
Maruchan (Toyo Suisan) 
Nissin Foods 
Mandarin Noodle 
Sun Noodle 
Yau Kee Noodles Factory Ltd 
Sakura Noodle Inc 

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Basically, consumers are not interested in spending time on cooking food that takes a lot of time and at the same time, are healthy. Therefore, surge in demand for fresh noodles among such people could work in favor of the market in the forthcoming years.

The types of fresh noodles are wide strip, narrow strip, waves strip, and more. The market segmentation with respect to application covers residential, restaurant, airplane & train among others.

The fresh noodles market is spread across the regions of North America, Middle East & Africa, Asia Pacific, and Europe.

In Asia Pacific, China stands as the most profitable market for fresh noodles and could expect to retain its position even during the review period. Given the burgeoning population base in the region, the fresh noodles market could witness remarkable growth in the years ahead. To elaborate, China’s population was recorded at 1.3 billion in 2016. Additionally, noodles are the staple food of the region and are consumed almost on a regular basis. Thus, fresh noodles being the staple food and the massive population base, the market is projected to gain immensely in the impending years.

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Other than the standard flavors, vendors in the market are coming up with exciting new range of tastes as well as flavors, which includes different spices etc. Consumers in India have turned health conscious, which has given way to a host of opportunities that can be capitalized on by the vendors. These players strive to develop a new section of healthier noodles that are not only fresh but also tasty. Another reason for robust demand for fresh noodles is the rising awareness among consumers about the ill-effects of eating instant noodles that are made from white flour.

In urban parts of various regions, supermarkets or hypermarkets are the prominent distribution channels of fresh noodles. In such types of areas, fresh noodles are preferred by consumers coupled with their daily groceries. On top of that, easy accessibility to supermarkets/hypermarkets, especially in urban areas, provides a major boost to the growth of the fresh noodles market.

The expanding millennial population and increasing demand among them for fresh and flavorful noodles stimulate market growth at a global level. Sensing the opportunity in the form of this demand, various companies are introducing several products that boast of distinctive flavors and healthy ingredients as well as packaging. Thanks to these factors, fresh noodles are projected to be a highly bankable market in the ensuing years.

Major Key Points from Table of Content:

Chapter 1 Study Coverage
Chapter 2 Executive Summary
Chapter 3 Breakdown Data by Manufacturers
Chapter 4 Breakdown Data by Type
Chapter 5 Breakdown Data by Application
Chapter 6 North America
Chapter 7 Europe
Chapter 8 Asia Pacific
Chapter 9 Central & South America
Chapter 10 Middle East and Africa
Chapter 11 Company Profiles 

Continued…..

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Source URL: https://marketersmedia.com/fresh-noodles-industry-sales-supply-and-consumption-2019-analysis-and-forecasts-to-2025/88914738

Source: MarketersMedia

Release ID: 88914738