North America Instant Noodles Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Overview:
The North America instant noodles market size reached 5.8 Billion Units in 2022. Looking forward, IMARC Group expects the market to reach 6.5 Billion Units by 2028, exhibiting a growth rate (CAGR) of 1.9% during 2023-2028.
Instant noodles stand for a mass of dried, precooked noodles infused with distinctive flavors and essential oils. They can be consumed after being soaked in hot water for 3 to 5 minutes. Instant noodles are made up of fine wheat flour mixed with salt and other ingredients such as starch, edible oil, gluten and some stabilizers like guar gum. They are easy to prepare and store along with long shelf life, affordable price and variety of flavors. Generally, instant noodles are available in two types of packaging namely bag/pouch and cup.
North America represents a steady market for instant noodles accounting to changing lifestyles and increasing demand by the low-income category of consumers. Rising demand for easy-to-prepare food items aided by high-affordability of instant noodles has boosted the sales in the region. Introduction of popular brands from Asian countries in the region has fueled the demand. Increasing rate of female employment in the region and easy availability of instant noodles will continue to spur the demand in the upcoming years.
IMARC Group’s latest report provides a deep insight into the North America instant noodles market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the North America instant noodles market in any manner.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the North America instant noodles market report, along with forecasts at the regional and country levels from 2023-2028. Our report has categorized the market based on type and distribution channel.
Key Regions Analyzed
United States
Canada
Mexico
Analysis for Each Country
Market by Type
Fried
Non-Fried
Market by Distribution Channel
Supermarkets and Hypermarkets
Specialty Stores
Convenience Stores
Online Stores
Others
Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
PESTEL Analysis
Government Regulations
Competitive Landscape
Competitive Structure
Key Player Profiles
Key Questions Answered in This Report
1. What was the size of the North America instant noodles market in 2022?
2. What is the expected growth rate of the North America instant noodles market during 2023-2028?
3. What are the key factors driving the North America instant noodles market?
4. What has been the impact of COVID-19 on the North America instant noodles market?
5. What is the breakup of the North America instant noodles market based on the type?
6. What is the breakup of the North America instant noodles market based on the distribution channel?
7. What are the key regions in the North America instant noodles market?
The North America instant noodles market size reached 5.8 Billion Units in 2022. Looking forward, IMARC Group expects the market to reach 6.5 Billion Units by 2028, exhibiting a growth rate (CAGR) of 1.9% during 2023-2028.
Instant noodles stand for a mass of dried, precooked noodles infused with distinctive flavors and essential oils. They can be consumed after being soaked in hot water for 3 to 5 minutes. Instant noodles are made up of fine wheat flour mixed with salt and other ingredients such as starch, edible oil, gluten and some stabilizers like guar gum. They are easy to prepare and store along with long shelf life, affordable price and variety of flavors. Generally, instant noodles are available in two types of packaging namely bag/pouch and cup.
North America represents a steady market for instant noodles accounting to changing lifestyles and increasing demand by the low-income category of consumers. Rising demand for easy-to-prepare food items aided by high-affordability of instant noodles has boosted the sales in the region. Introduction of popular brands from Asian countries in the region has fueled the demand. Increasing rate of female employment in the region and easy availability of instant noodles will continue to spur the demand in the upcoming years.
IMARC Group’s latest report provides a deep insight into the North America instant noodles market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the North America instant noodles market in any manner.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the North America instant noodles market report, along with forecasts at the regional and country levels from 2023-2028. Our report has categorized the market based on type and distribution channel.
Key Regions Analyzed
United States
Canada
Mexico
Analysis for Each Country
Market by Type
Fried
Non-Fried
Market by Distribution Channel
Supermarkets and Hypermarkets
Specialty Stores
Convenience Stores
Online Stores
Others
Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
PESTEL Analysis
Government Regulations
Competitive Landscape
Competitive Structure
Key Player Profiles
Key Questions Answered in This Report
1. What was the size of the North America instant noodles market in 2022?
2. What is the expected growth rate of the North America instant noodles market during 2023-2028?
3. What are the key factors driving the North America instant noodles market?
4. What has been the impact of COVID-19 on the North America instant noodles market?
5. What is the breakup of the North America instant noodles market based on the type?
6. What is the breakup of the North America instant noodles market based on the distribution channel?
7. What are the key regions in the North America instant noodles market?
1 PREFACE
2 SCOPE AND METHODOLOGY
2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
2.3.1Primary Sources
2.3.2Secondary Sources
2.4Market Estimation
2.4.1Bottom-Up Approach
2.4.2Top-Down Approach
2.5Forecasting Methodology
3 EXECUTIVE SUMMARY
4 INTRODUCTION
4.1Overview
4.2Key Industry Trends
5 GLOBAL INSTANT NOODLES MARKET
5.1Market Performance
5.2Market Breakup by Type
5.3Market Breakup by Distribution Channel
5.4Market Breakup by Region
5.5Market Forecast
6 NORTH AMERICA INSTANT NOODLES MARKET
6.1Market Performance
6.2Impact of COVID-19
6.3Market Forecast
7 NORTH AMERICA INSTANT NOODLES MARKET: BREAKUP BY TYPE
7.1Fried
7.2Non-Fried
8 NORTH AMERICA INSTANT NOODLES MARKET: BREAKUP BY DISTRIBUTION CHANNEL
8.1Supermarkets and Hypermarkets
8.2Specialty Stores
8.3Convenience Stores
8.4Online Stores
8.5Others
9 NORTH AMERICA INSTANT NOODLES MARKET: BREAKUP BY COUNTRY
9.1 United States
9.1.1Historical Market Trends
9.1.2Market Breakup by Type
9.1.3Market Breakup by Distribution Channel
9.1.4Market Forecast
9.2 Canada
9.2.1Historical Market Trends
9.2.2Market Breakup by Type
9.2.3Market Breakup by Distribution Channel
9.2.4Market Forecast
9.3 Mexico
9.3.1Historical Market Trends
9.3.2Market Breakup by Type
9.3.3Market Breakup by Distribution Channel
9.3.4Market Forecast
10 SWOT ANALYSIS
10.1Overview
10.2Strengths
10.3Weaknesses
10.4Opportunities
10.5Threats
11 VALUE CHAIN ANALYSIS
11.1Overview
11.2Raw Material Procurement
11.3Manufacturers
11.4Marketing and Distribution
11.5Exporters
11.6Retailers
11.7End-Users
12 PORTER’S FIVE FORCES ANALYSIS
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Rivalry
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 PRICE ANALYSIS
14 COMPETITIVE LANDSCAPE
14.1Market Structure
14.2Key Players
14.3Profiles of Key Players
2 SCOPE AND METHODOLOGY
2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
2.3.1Primary Sources
2.3.2Secondary Sources
2.4Market Estimation
2.4.1Bottom-Up Approach
2.4.2Top-Down Approach
2.5Forecasting Methodology
3 EXECUTIVE SUMMARY
4 INTRODUCTION
4.1Overview
4.2Key Industry Trends
5 GLOBAL INSTANT NOODLES MARKET
5.1Market Performance
5.2Market Breakup by Type
5.3Market Breakup by Distribution Channel
5.4Market Breakup by Region
5.5Market Forecast
6 NORTH AMERICA INSTANT NOODLES MARKET
6.1Market Performance
6.2Impact of COVID-19
6.3Market Forecast
7 NORTH AMERICA INSTANT NOODLES MARKET: BREAKUP BY TYPE
7.1Fried
7.2Non-Fried
8 NORTH AMERICA INSTANT NOODLES MARKET: BREAKUP BY DISTRIBUTION CHANNEL
8.1Supermarkets and Hypermarkets
8.2Specialty Stores
8.3Convenience Stores
8.4Online Stores
8.5Others
9 NORTH AMERICA INSTANT NOODLES MARKET: BREAKUP BY COUNTRY
9.1 United States
9.1.1Historical Market Trends
9.1.2Market Breakup by Type
9.1.3Market Breakup by Distribution Channel
9.1.4Market Forecast
9.2 Canada
9.2.1Historical Market Trends
9.2.2Market Breakup by Type
9.2.3Market Breakup by Distribution Channel
9.2.4Market Forecast
9.3 Mexico
9.3.1Historical Market Trends
9.3.2Market Breakup by Type
9.3.3Market Breakup by Distribution Channel
9.3.4Market Forecast
10 SWOT ANALYSIS
10.1Overview
10.2Strengths
10.3Weaknesses
10.4Opportunities
10.5Threats
11 VALUE CHAIN ANALYSIS
11.1Overview
11.2Raw Material Procurement
11.3Manufacturers
11.4Marketing and Distribution
11.5Exporters
11.6Retailers
11.7End-Users
12 PORTER’S FIVE FORCES ANALYSIS
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Rivalry
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 PRICE ANALYSIS
14 COMPETITIVE LANDSCAPE
14.1Market Structure
14.2Key Players
14.3Profiles of Key Players
LIST OF TABLES
Table 1: North America: Instant Noodles Market: Key Industry Highlights, 2022 and 2028
Table 2: North America: Instant Noodles Market Forecast: Breakup by Type (in Million Packets- Bags/Cups), 2023-2028
Table 3: North America: Instant Noodles Market Forecast: Breakup by Distribution Channel (in Million Packets- Bags/Cups), 2023-2028
Table 4: North America: Instant Noodles Market Forecast: Breakup by Country (in Million Packets- Bags/Cups), 2023-2028
Table 5: North America: Instant Noodles Market: Competitive Structure
Table 6: North America: Instant Noodles Market: Key Players
Table 1: North America: Instant Noodles Market: Key Industry Highlights, 2022 and 2028
Table 2: North America: Instant Noodles Market Forecast: Breakup by Type (in Million Packets- Bags/Cups), 2023-2028
Table 3: North America: Instant Noodles Market Forecast: Breakup by Distribution Channel (in Million Packets- Bags/Cups), 2023-2028
Table 4: North America: Instant Noodles Market Forecast: Breakup by Country (in Million Packets- Bags/Cups), 2023-2028
Table 5: North America: Instant Noodles Market: Competitive Structure
Table 6: North America: Instant Noodles Market: Key Players
LIST OF FIGURES
Figure 1: North America: Instant Noodles Market: Major Drivers and Challenges
Figure 2: Global: Instant Noodles Market: Volume Trends (in Billion Packets- Bags/Cups), 2017-2022
Figure 3: Global: Instant Noodles Market: Breakup by Type (in %), 2022
Figure 4: Global: Instant Noodles Market: Breakup by Distribution Channel (in %), 2022
Figure 5: Global: Instant Noodles Market: Breakup by Region (in %), 2022
Figure 6: Global: Instant Noodles Market Forecast: Volume Trends (in Billion Packets- Bags/Cups), 2023-2028
Figure 7: North America: Instant Noodles Market: Volume Trends (in Billion Packets- Bags/Cups), 2017-2022
Figure 8: North America: Instant Noodles Market Forecast: Volume Trends (in Billion Packets- Bags/Cups), 2023-2028
Figure 9: North America: Instant Noodles Industry: SWOT Analysis
Figure 10: North America: Instant Noodles Industry: Value Chain Analysis
Figure 11: North America: Instant Noodles Industry: Porter’s Five Forces Analysis
Figure 12: North America: Instant Noodles Market: Breakup by Type (in %), 2022
Figure 13: North America: Instant Noodles (Fried) Market: Volume Trends (in Million Packets- Bags/Cups), 2017 & 2022
Figure 14: North America: Instant Noodles (Fried) Market Forecast: Volume Trends (in Million Packets- Bags/Cups), 2023-2028
Figure 15: North America: Instant Noodles (Non-Fried) Market: Volume Trends (in Million Packets- Bags/Cups), 2017 & 2022
Figure 16: North America: Instant Noodles (Non-Fried) Market Forecast: Volume Trends (in Million Packets- Bags/Cups), 2023-2028
Figure 17: North America: Instant Noodles Market: Breakup by Distribution Channel (in %), 2022
Figure 18: North America: Instant Noodles Market: Sales through Supermarkets and Hypermarkets (in Million Packets- Bags/Cups), 2017 & 2022
Figure 19: North America: Instant Noodles Market Forecast: Sales through Supermarkets and Hypermarkets (in Million Packets- Bags/Cups), 2023-2028
Figure 20: North America: Instant Noodles Market: Sales through Specialty Stores (in Million Packets- Bags/Cups), 2017 & 2022
Figure 21: North America: Instant Noodles Market Forecast: Sale through Specialty Stores (in Million Packets- Bags/Cups), 2023-2028
Figure 22: North America: Instant Noodles Market: Sales through Convenience Stores (in Million Packets- Bags/Cups), 2017 & 2022
Figure 23: North America: Instant Noodles Market Forecast: Sales through Convenience Stores (in Million Packets- Bags/Cups), 2023-2028
Figure 24: North America: Instant Noodles Market: Sales through Online Stores (in Million Packets- Bags/Cups), 2017 & 2022
Figure 25: North America: Instant Noodles Market Forecast: Sales through Online Stores (in Million Packets- Bags/Cups), 2023-2028
Figure 26: North America: Instant Noodles Market: Sales through Other Distribution Channels (in Million Packets- Bags/Cups), 2017 & 2022
Figure 27: North America: Instant Noodles Market Forecast: Sales through Other Distribution Channels (in Million Packets- Bags/Cups), 2023-2028
Figure 28: North America: Instant Noodles Market: Breakup by Country (in %), 2022
Figure 29: United States: Instant Noodles Market: Volume Trends (in Million Packets- Bags/Cups), 2017-2022
Figure 30: United States: Instant Noodles Market: Breakup by Type (in %), 2022
Figure 31: United States: Instant Noodles Market: Breakup by Distribution Channel (in %), 2022
Figure 32: United States: Instant Noodles Market Forecast: Volume Trends (in Million Packets- Bags/Cups), 2023-2028
Figure 33: Canada: Instant Noodles Market: Volume Trends (in Million Packets- Bags/Cups), 2017-2022
Figure 34: Canada: Instant Noodles Market: Breakup by Type (in %), 2022
Figure 35: Canada: Instant Noodles Market: Breakup by Distribution Channel (in %), 2022
Figure 36: Canada: Instant Noodles Market Forecast: Volume Trends (in Million Packets- Bags/Cups), 2023-2028
Figure 37: Mexico: Instant Noodles Market: Volume Trends (in Million Packets- Bags/Cups), 2017-2022
Figure 38: Mexico: Instant Noodles Market: Breakup by Type (in %), 2022
Figure 39: Mexico: Instant Noodles Market: Breakup by Distribution Channel (in %), 2022
Figure 40: Mexico: Instant Noodles Market Forecast: Volume Trends (in Million Packets- Bags/Cups), 2023-2028
Figure 1: North America: Instant Noodles Market: Major Drivers and Challenges
Figure 2: Global: Instant Noodles Market: Volume Trends (in Billion Packets- Bags/Cups), 2017-2022
Figure 3: Global: Instant Noodles Market: Breakup by Type (in %), 2022
Figure 4: Global: Instant Noodles Market: Breakup by Distribution Channel (in %), 2022
Figure 5: Global: Instant Noodles Market: Breakup by Region (in %), 2022
Figure 6: Global: Instant Noodles Market Forecast: Volume Trends (in Billion Packets- Bags/Cups), 2023-2028
Figure 7: North America: Instant Noodles Market: Volume Trends (in Billion Packets- Bags/Cups), 2017-2022
Figure 8: North America: Instant Noodles Market Forecast: Volume Trends (in Billion Packets- Bags/Cups), 2023-2028
Figure 9: North America: Instant Noodles Industry: SWOT Analysis
Figure 10: North America: Instant Noodles Industry: Value Chain Analysis
Figure 11: North America: Instant Noodles Industry: Porter’s Five Forces Analysis
Figure 12: North America: Instant Noodles Market: Breakup by Type (in %), 2022
Figure 13: North America: Instant Noodles (Fried) Market: Volume Trends (in Million Packets- Bags/Cups), 2017 & 2022
Figure 14: North America: Instant Noodles (Fried) Market Forecast: Volume Trends (in Million Packets- Bags/Cups), 2023-2028
Figure 15: North America: Instant Noodles (Non-Fried) Market: Volume Trends (in Million Packets- Bags/Cups), 2017 & 2022
Figure 16: North America: Instant Noodles (Non-Fried) Market Forecast: Volume Trends (in Million Packets- Bags/Cups), 2023-2028
Figure 17: North America: Instant Noodles Market: Breakup by Distribution Channel (in %), 2022
Figure 18: North America: Instant Noodles Market: Sales through Supermarkets and Hypermarkets (in Million Packets- Bags/Cups), 2017 & 2022
Figure 19: North America: Instant Noodles Market Forecast: Sales through Supermarkets and Hypermarkets (in Million Packets- Bags/Cups), 2023-2028
Figure 20: North America: Instant Noodles Market: Sales through Specialty Stores (in Million Packets- Bags/Cups), 2017 & 2022
Figure 21: North America: Instant Noodles Market Forecast: Sale through Specialty Stores (in Million Packets- Bags/Cups), 2023-2028
Figure 22: North America: Instant Noodles Market: Sales through Convenience Stores (in Million Packets- Bags/Cups), 2017 & 2022
Figure 23: North America: Instant Noodles Market Forecast: Sales through Convenience Stores (in Million Packets- Bags/Cups), 2023-2028
Figure 24: North America: Instant Noodles Market: Sales through Online Stores (in Million Packets- Bags/Cups), 2017 & 2022
Figure 25: North America: Instant Noodles Market Forecast: Sales through Online Stores (in Million Packets- Bags/Cups), 2023-2028
Figure 26: North America: Instant Noodles Market: Sales through Other Distribution Channels (in Million Packets- Bags/Cups), 2017 & 2022
Figure 27: North America: Instant Noodles Market Forecast: Sales through Other Distribution Channels (in Million Packets- Bags/Cups), 2023-2028
Figure 28: North America: Instant Noodles Market: Breakup by Country (in %), 2022
Figure 29: United States: Instant Noodles Market: Volume Trends (in Million Packets- Bags/Cups), 2017-2022
Figure 30: United States: Instant Noodles Market: Breakup by Type (in %), 2022
Figure 31: United States: Instant Noodles Market: Breakup by Distribution Channel (in %), 2022
Figure 32: United States: Instant Noodles Market Forecast: Volume Trends (in Million Packets- Bags/Cups), 2023-2028
Figure 33: Canada: Instant Noodles Market: Volume Trends (in Million Packets- Bags/Cups), 2017-2022
Figure 34: Canada: Instant Noodles Market: Breakup by Type (in %), 2022
Figure 35: Canada: Instant Noodles Market: Breakup by Distribution Channel (in %), 2022
Figure 36: Canada: Instant Noodles Market Forecast: Volume Trends (in Million Packets- Bags/Cups), 2023-2028
Figure 37: Mexico: Instant Noodles Market: Volume Trends (in Million Packets- Bags/Cups), 2017-2022
Figure 38: Mexico: Instant Noodles Market: Breakup by Type (in %), 2022
Figure 39: Mexico: Instant Noodles Market: Breakup by Distribution Channel (in %), 2022
Figure 40: Mexico: Instant Noodles Market Forecast: Volume Trends (in Million Packets- Bags/Cups), 2023-2028