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Instant Noodles Market Share

ID: MRFR//1309-CR | 114 Pages | Author: Harshita Gorade| February 2021

Instant Noodles Market Share Analysis

Some instant noodles are now focusing on being healthier. They come with claims like being organic, gluten-free, fortified with extra nutrients, high in fiber, and with reduced carbohydrates. Big companies in the global instant noodles market are working hard to bring a variety of these healthier options to meet the growing demand. People around the world often think noodles are not healthy because they are made from 'white flour.' To tackle this concern, manufacturers are creating new products that claim to be better for health. For example, Maggi by Nestle introduced 'atta' noodles. Another product, Horlicks Foodles by GlaxoSmithKline, is made from wheat and multiple grains, packed with vitamins. This shift towards healthier snack choices is expected to bring good opportunities for the companies in the market in the future.
Boosting Visibility with More Marketing
Companies that make instant noodles are putting in more effort to make their products more visible through marketing and promotions. They are using new and creative ways to advertise their products as they increase their budgets for marketing and advertising. These companies are choosing modern setups that make their products stand out. This not only helps in making the products more visible but also provides a platform for brands to promote their products through different offers like discounts, bundled deals, and sampling for new products. A significant chunk of instant noodles sales, around 80-90%, happens through traditional sales channels like convenience stores. This makes sense because noodles are a regular grocery item. So, the big players in the market need to invest a lot in new and creative marketing strategies and distribution to reach more stores and connect with more customers. This trend of innovative marketing and promotions is expected to open up many good opportunities for companies in the market in the years to come.

Covered Aspects:
Report Attribute/Metric Details
Base Year For Estimation 2021
Historical Data 2018 & 2020
Forecast Period 2022-2030
Growth Rate 5.17% (2022-2030)
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