North America Instant Noodles Market: Industry Trends and Forecast 2023-2028

North America Instant Noodles Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Report Format: PDF+Excel | Report ID: SR112023A1527

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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.

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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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 sub-segment of the North America instant noodles market report, along with forecasts at the regional and country level 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

Report Coverage:

Report Features	Details
Base Year of the Analysis	2022
Historical Period	2017-2022
Forecast Period	2023-2028
Units	Billion Units
Segment Coverage	Type, Distribution Channel, Country
Countries Covered	United States, Canada, Mexico
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 2699 Five User License: US$ 3699 Corporate License: US$ 4699
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The North America instant noodles market reached a volume of 5.8 Billion Units in 2022.

We expect the North America instant noodles market to exhibit a CAGR of 1.9% during 2023-2028.

The rising demand for easy-to-prepare food items, coupled with the introduction of innovative flavors, textures, and seasonings for different consumer tastes and preferences, is primarily driving the North America instant noodles market.

The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of instant noodles across several North American nations.

Based on the type, the North America instant noodles market has been segmented into fried and non-fried. Currently, fried holds the majority of the total market share.

Based on the distribution channel, the North America instant noodles market can be divided into supermarkets and hypermarkets, specialty stores, convenience stores, online stores, and others. Among these, supermarkets and hypermarkets exhibit a clear dominance in the market.

On a regional level, the market has been classified into United States, Canada, and Mexico, where United States currently dominates the North America market.

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