Noodles Market Overview:

The Noodles Market size is estimated to reach USD76.59 billion by 2030, growing at a CAGR of 3.9% during the forecast period 2023-2030, according to a recent report published by IndustryARC. The growth of the Noodles Market is fueled by the working class's rapid shift in eating habits, partnerships between large brand chains and supermarkets/hypermarkets and rising customer demand for delicious, convenient foods. As per World Instant Noodle Association, Indonesia’s demand for instant noodles reached 13.27 billion servings in 2021 and instant varieties from Indofood like Indomie Noodles (Wheat) are the most consumed noodles.

Read the Full Report Here - Noodles Market By Product Type (Dried, Instant, Frozen & Canned), By Source Type (Vegetarian NoodlesNon-veg Noodles), By Raw Material Type (Oat, Rice, Wheat, Buckwheat, Corn, Millet and Others), By Distribution Channel (Online Channels, Supermarkets/ Hypermarkets, Speciality Stores, Convenience Stores, Traditional Grocery Stores and Others), By Packaging Type (Packet and Cup/Bowl), By Geography - Global Opportunity Analysis & Industry Forecast, 2023-2030. 

Asia-Pacific Accounted for Significant Market Share in 2022:

Asia-Pacific led the Noodles market with a 39% share of the overall market in 2022. This is due to the working class's growing preference for convenience foods with regional flavors and the region's growing urbanization. In May 2022, Korea Times stated that the increasing popularity of K-pop and dramas has highly impacted the exports of hugely-popular instant noodles like Shin Ramyun and Hot Chicken Flavor Ramen. According to Korean Customs Service, exports of Korean-made instant noodles rose to an all-time high of USD71.58 million in March 2022, up by 20% from the same month last year. This is fueling the growth of the Asia-Pacific Noodles industry, thereby contributing to the expansion of the Noodle market.

Noodles Market Growth Drivers:

Increase in Expansion of Organized Retail Food Stores such as Department Shops, Convenience Stores and Supermarkets:

The expansion of department shops, convenience stores and Supermarkets globally is marking accessibility of packaged fast food like instant noodles easier. The variety of noodles in these stores includes vegetarian noodles, non-veg noodles, vegan noodles, green tea noodles, organic noodles and others. Nissin Foods, a manufacturer of instant noodles had notable gains in 2021, with sales up by 22% from 2020. The company cited innovation in premium products within its Cup Noodles and Top Ramen brands as the principal driver of its latest financial results. The company partnered with various supermarkets (Walmart and Amazon) to boost its consumer reach. In 2021, Nissin surpassed 1.48 billion noodle servings sold and captured nearly 31% share of the instant noodle market in the United States. Similar tie-ups are driving the growth of the Organic Farming market.

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Availability of a Wide Variety of Noodles in Authentic Flavors and Consumers’ Willingness to try Them:

There is a wide variety of instant noodles like Shin Ramyun, Neoguri (udon-style noodles), Chapagetti (black bean-sauce noodles) and Hot Chicken Flavor Ramen which is highly loved by consumers. The rising popularity of K-pop, Korean films and dramas positively impacted their sales and exports, setting new Noodles market trends. In March 2022, the Korean Herald stated that China was the largest overseas market for South Korean instant noodles, with exports reaching USD19.08 million. The U.S. came next with USD9.75 million, followed by Japan with USD5.71 million, Thailand with USD2.9 million and Canada with USD2.89 million. This is propelling the growth of the Noodles Industry, thereby contributing to the Noodles Industry Outlook.

Scope of Report:

Report Metric


Base year considered


Forecast period



Growing at the rate of 3.9%

Market Size

76.59 billion USD

Segments covered

Product Type, Source Type, Raw Material Type, Distribution Channel, Packaging Type and Region

Geographies covered

North America (the US, Canada and Mexico), Europe (Germany, France, the UK, Italy, Spain, Russia and the Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand and the Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and the Rest of South America) and the Rest of the World (the Middle East and Africa).

Key Market Players

1. Uni-President Enterprises Corporation

2. Beltek Foods Co., Ltd

3. Nestle S.A

4. Mandarin Noodle

5. Marico Ltd

6. Master Kong

7. Maruchan Inc

8. Nissin Food Products Co., Ltd.

9. PT Indofood Sukses Makmur Tbk

10. Nongshim Co., Ltd

Recent Developments:

  • In April 2022, Nissin Food Products Co., Ltd. and Toyota Motor Corporation initiated an agreement to jointly foster human well-being through healthy eating. This proposed plan would explore innovative food offerings, based on the latest molecular nutritional science, to provide personalized, delicious and healthy “Complete Nutrition Meals”.
  • In February 2021, Marico Ltd. launched instant noodles under the Saffola Oodles brand to strengthen its foothold in the healthy, ready-to-cook snacking category and widen its demographic relevance.

Noodles Market: Competitive Landscape:

Key companies profiled in the Noodles Market are Uni-President Enterprises Corporation, Beltek Foods Co., Ltd., Nestle S.A, Mandarin Noodle, Marico Ltd., Master Kong, Maruchan Inc., Nissin Food Products Co., Ltd., PT Indofood Sukses Makmur Tbk and Nongshim Co., Ltd.

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About IndustryARC: IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food and Beverages, Information Technology, and Life sciences and Healthcare.