Middle East and Africa Instant Noodles Market - By Type ; By Packaging ; By Sales Channel ; By Country, Trend Analysis, Competitive Market Share & Forecast, 2019-2029

Description

Middle East and Africa Instant Noodles Market Size Growing at Steady CAGR of 6.4% to Reach USD 84.93 Billion by 2029

Middle East and Africa instant noodles market is flourishing due to the rapid urbanization and changing lifestyles of consumers driving the demand for convenient and easy-to-prepare food products, the affordable pricing of instant noodles driving their consumption among low-income households, and the availability of a wide range of flavors and varieties.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the Middle East and Africa instant noodles market size at USD 55.01 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects the Middle East and Africa instant noodles market size to grow at a CAGR of 6.4% reaching a value of USD 84.93 billion by 2029. The rapid urbanization and changing lifestyle of consumers are driving the demand for convenient and easy-to-prepare food products. Also, the affordable pricing of instant noodles is driving their consumption among low-income households. The market is also benefiting from the increasing availability of various flavors and packaging options, including cups and packets. Further, the expansion of distribution channels such as supermarkets, hypermarkets, convenience stores, and online stores, is contributing to the growth of the market. The rising number of working individuals and students is fueling the demand for quick and easy-to-prepare meals, which is further boosting the growth of the market. Companies are also focusing on introducing innovative products to cater to the evolving consumer preferences. These factors are expected to continue driving the growth of the Middle East and Africa instant noodles market.

Opportunity: Affordable pricing of instant noodles

The Middle East and Africa instant noodles market is witnessing significant growth driven by the increasing demand from low-income households due to the affordable pricing of instant noodles. Instant noodles are considered an inexpensive food option compared to other ready-to-eat food products, making them a popular choice among low-income households in the region. The affordability of instant noodles is attributed to their low cost of production, which translates to lower prices for consumers. Also, instant noodles are available in various pack sizes, allowing consumers to purchase according to their budget and needs. This affordability factor is driving the demand for instant noodles in the region, especially in countries like Nigeria and South Africa, where a majority of the population lives below the poverty line. In response to this demand, several companies operating in the Middle East and Africa instant noodles market are introducing new products and pack sizes to cater to the needs of low-income households. For instance, Nestle Nigeria launched a new pack size of its popular instant noodles brand, Maggi, in 2020. The new pack size is smaller, more affordable, and targeted towards low-income households. This strategy has helped Nestle Nigeria to increase its sales volume and market share in the region. The affordability of instant noodles is driving their consumption among low-income households, and this trend is expected to continue to drive the growth of the Middle East and Africa instant noodles market in the coming years.

Middle East and Africa Instant Noodles Market - By Type:

On the basis of type, the Middle East and Africa instant noodles market is split into fried and non-fried segments. During the forecast period, the non-fried segment is expected to grow at a significant rate during the forecast period. The increasing awareness of health concerns and the rise in demand for healthy and nutritious food products are driving the growth of the non-fried segment. Consumers in the Middle East and Africa region are becoming more health-conscious, and they are looking for low-fat and low-calorie food options. Non-fried instant noodles are considered healthier than fried instant noodles as they have lower fat content and are not deep-fried, which also results in a longer shelf life. For instance, Nissin has a range of non-fried instant noodles, including their "Cup Noodle Light" which is low in calories and high in nutrition. Nestle has also launched non-fried instant noodles under their popular brand, Maggi, which includes Maggi 2-Minute Noodles Oats Masala and Maggi Fusian Hong Kong Spicy Garlic. Companies like Nissin and Nestle have already started to focus on this segment by launching their non-fried instant noodles, which cater to changing consumer preferences.

Impact of COVID-19 on Middle East and Africa Instant Noodles Market

The COVID-19 pandemic significantly impacted Middle East and Africa instant noodles market. The lockdown measures and travel restrictions imposed by governments to contain the spread of the virus led to a surge in demand for instant noodles as consumers were looking for affordable and convenient food options that could be stored for longer periods. However, the pandemic also disrupted the supply chain and production of instant noodles. Companies faced challenges in sourcing raw materials and ingredients, as well as in transporting their products to different markets. It resulted in supply chain disruptions, price fluctuations, and delays in product launches. Many companies in the Middle East and Africa instant noodles market adapted their strategies to cope with the pandemic. For example, Nestle Middle East launched a virtual cooking series to engage with customers and promote its products during the lockdown. Similarly, Indofood CBP Sukses Makmur, a major player in the market, focused on increasing its production capacity to meet the rising demand for its products. Overall, while the COVID-19 pandemic created challenges for the Middle East and Africa instant noodles market, it also presented opportunities for companies to innovate and adapt to changing market conditions.

Competitive Landscape:

Middle East and Africa instant noodles market is highly competitive, with all the players continually competing to gain a larger market share. The key players in the market include Nestle SA, Nissin Foods Holdings Co., Ltd., PT Indofood CBP Sukses Makmur Tbk, Acecook Vietnam Joint Stock Company, Toyo Suisan Kaisha, Ltd., Ottogi Corporation, Samyang Foods Co., Ltd., Uni-President Enterprises Corporation, Mamee-Double Decker (M) Sdn Bhd, KOKA Pte Ltd, Master Kong (Tingyi) Food and Beverage Group Ltd., Nongshim Co., Ltd., Vina Acecook Co., Ltd., Ting Hsin International Group, and Capital Foods Pvt. Ltd. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisition to expand their customer reach and gain a competitive edge in the overall market.

The report's in-depth analysis provides information about growth potential, upcoming trends, and the Middle East and Africa Instant Noodles Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the Middle East and Africa Instant Noodles Market along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.

Product Code: BWC23443

1. Research Framework

1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation

2. Executive Summary

3. Middle East and Africa Instant Noodles Market Insights

3.1. Industry Value Chain Analysis
3.2. DROC Analysis
- 3.2.1. Growth Drivers
  - 3.2.1.1. Increasing urbanization and changing lifestyles of consumers driving the demand for convenient and easy-to-prepare food products
  - 3.2.1.2. The affordable pricing of instant noodles driving their consumption among low-income households
  - 3.2.1.3. The availability of a wide range of flavors and varieties is increasing the popularity
- 3.2.2. Restraints
  - 3.2.2.1. The negative perception of instant noodles as a low-nutrition and unhealthy food option
  - 3.2.2.2. The increasing health awareness of the adverse effects of high sodium and preservatives in instant noodles
- 3.2.3. Opportunities
  - 3.2.3.1. The growing trend of snacking and demand for quick and convenient food options
  - 3.2.3.2. The increasing demand for halal-certified food products is creating opportunities for instant noodle manufacturers in the Muslim consumer market
- 3.2.4. Challenges
  - 3.2.4.1. The lack of infrastructure and logistics challenges in some regions
3.3. Technology Advancements/Recent Developments
3.4. Regulatory Framework
3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry

4. Middle East and Africa Instant Noodles Market Overview

4.1. Market Size & Forecast, 2019-2029
- 4.1.1. By Value (USD Million)
4.2. Market Share and Forecast
- 4.2.1. By Type
  - 4.2.1.1. Fried
  - 4.2.1.2. Non-fried
- 4.2.2. By Packaging
  - 4.2.2.1. Cups
  - 4.2.2.2. Packets
- 4.2.3. By Sales Channel
  - 4.2.3.1. Supermarket/Hypermarket
  - 4.2.3.2. Convenience Stores
  - 4.2.3.3. Online Stores
  - 4.2.3.4. Others
- 4.2.4. By Country
  - 4.2.4.1. Saudi Arabia
  - 4.2.4.2. UAE
  - 4.2.4.3. Qatar
  - 4.2.4.4. Kuwait
  - 4.2.4.5. South Africa
  - 4.2.4.6. Nigeria
  - 4.2.4.7. Algeria
  - 4.2.4.8. Rest of MEA

5. Saudi Arabia Instant Noodles Market

5.1. Market Size & Forecast, 2019-2029
- 5.1.1. By Value (USD Million)
5.2. Market Share & Forecast
- 5.2.1. By Type
- 5.2.2. By Packaging
- 5.2.3. By Sales Channel

6. UAE Instant Noodles Market

6.1. Market Size & Forecast, 2019-2029
- 6.1.1. By Value (USD Million)
6.2. Market Share & Forecast
- 6.2.1. By Type
- 6.2.2. By Packaging
- 6.2.3. By Sales Channel

7. Qatar Instant Noodles Market

7.1. Market Size & Forecast, 2019-2029
- 7.1.1. By Value (USD Million)
7.2. Market Share & Forecast
- 7.2.1. By Type
- 7.2.2. By Packaging
- 7.2.3. By Sales Channel

8. Kuwait Instant Noodles Market

8.1. Market Size & Forecast, 2019-2029
- 8.1.1. By Value (USD Million)
8.2. Market Share & Forecast
- 8.2.1. By Type
- 8.2.2. By Packaging
- 8.2.3. By Sales Channel

9. South Africa Instant Noodles Market

9.1. Market Size & Forecast, 2019-2029
- 9.1.1. By Value (USD Million)
9.2. Market Share & Forecast
- 9.2.1. By Type
- 9.2.2. By Packaging
- 9.2.3. By Sales Channel

10. Nigeria Instant Noodles Market

10.1. Market Size & Forecast, 2019-2029
- 10.1.1. By Value (USD Million)
10.2. Market Share & Forecast
- 10.2.1. By Type
- 10.2.2. By Packaging
- 10.2.3. By Sales Channel

11. Algeria Instant Noodles Market

11.1. Market Size & Forecast, 2019-2029
- 11.1.1. By Value (USD Million)
11.2. Market Share & Forecast
- 11.2.1. By Type
- 11.2.2. By Packaging
- 11.2.3. By Sales Channel

12. Rest of MEA Instant Noodles Market

12.1. Market Size & Forecast, 2019-2029
- 12.1.1. By Value (USD Million)
12.2. Market Share & Forecast
- 12.2.1. By Type
- 12.2.2. By Packaging
- 12.2.3. By Sales Channel

13. Competitive Landscape

13.1. List of Key Players and Their Offerings
13.2. Middle East and Africa Instant Noodles Market Share Analysis, 2022
13.3. Competitive Benchmarking, By Operating Parameters
13.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)

14. Impact of Covid-19 on Middle East and Africa Instant Noodles Market

15. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)

15.1. Nestle SA
15.2. Nissin Foods Holdings Co., Ltd.
15.3. PT Indofood CBP Sukses Makmur Tbk
15.4. Acecook Vietnam Joint Stock Company
15.5. Toyo Suisan Kaisha, Ltd.
15.6. Ottogi Corporation
15.7. Samyang Foods Co., Ltd.
15.8. Uni-President Enterprises Corporation
15.9. Mamee-Double Decker (M) Sdn Bhd
15.10. KOKA Pte Ltd
15.11. Master Kong (Tingyi) Food and Beverage Group Ltd.
15.12. Nongshim Co., Ltd.
15.13. Vina Acecook Co., Ltd.
15.14. Ting Hsin International Group
15.15. Capital Foods Pvt. Ltd.
15.16. Other Prominent Players

16. Key Strategic Recommendations

17. Research Methodology

17.1. Qualitative Research
- 17.1.1. Primary & Secondary Research
17.2. Quantitative Research
17.3. Market Breakdown & Data Triangulation
- 17.3.1. Secondary Research
- 17.3.2. Primary Research
17.4. Breakdown of Primary Research Respondents, By Region
17.5. Assumptions & Limitations

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable

Figures

Figure 1 Middle East and Africa Instant Noodles Market Segmentation
Figure 2 Middle East and Africa Instant Noodles Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2021
Figure 4 Middle East and Africa Instant Noodles Market Size, By Value (USD Billion), 2019-2029
Figure 5 Middle East and Africa Instant Noodles Market Share, By Type, By Value, 2019-2029
Figure 6 Middle East and Africa Instant Noodles Market Share, By Packaging, By Value, 2019-2029
Figure 7 Middle East and Africa Instant Noodles Market Share, By Sales Channel, By Value, 2019-2029
Figure 8 Middle East and Africa Instant Noodles Market Share, By Country, By Value, 2019-2029
Figure 9 Saudi Arabia Instant Noodles Market Size, By Value (USD Billion), 2019-2029
Figure 10 Saudi Arabia Instant Noodles Market Share, By Type, By Value, 2019-2029
Figure 11 Saudi Arabia Instant Noodles Market Share, By Packaging, By Value, 2019-2029
Figure 12 Saudi Arabia Instant Noodles Market Share, By Sales Channel, By Value, 2019-2029
Figure 13 UAE Instant Noodles Market Size, By Value (USD Billion), 2019-2029
Figure 14 UAE Instant Noodles Market Share, By Type, By Value, 2019-2029
Figure 15 UAE Instant Noodles Market Share, By Packaging, By Value, 2019-2029
Figure 16 UAE Instant Noodles Market Share, By Sales Channel, By Value, 2019-2029
Figure 17 Qatar Instant Noodles Market Size, By Value (USD Billion), 2019-2029
Figure 18 Qatar Instant Noodles Market Share, By Type, By Value, 2019-2029
Figure 19 Qatar Instant Noodles Market Share, By Packaging, By Value, 2019-2029
Figure 20 Qatar Instant Noodles Market Share, By Sales Channel, By Value, 2019-2029
Figure 21 Kuwait Instant Noodles Market Size, By Value (USD Billion), 2019-2029
Figure 22 Kuwait Instant Noodles Market Share, By Type, By Value, 2019-2029
Figure 23 Kuwait Instant Noodles Market Share, By Packaging, By Value, 2019-2029
Figure 24 Kuwait Instant Noodles Market Share, By Sales Channel, By Value, 2019-2029
Figure 25 South Africa Instant Noodles Market Size, By Value (USD Billion), 2019-2029
Figure 26 South Africa Instant Noodles Market Share, By Type, By Value, 2019-2029
Figure 27 South Africa Instant Noodles Market Share, By Packaging, By Value, 2019-2029
Figure 28 South Africa Instant Noodles Market Share, By Sales Channel, By Value, 2019-2029
Figure 29 Nigeria Instant Noodles Market Size, By Value (USD Billion), 2019-2029
Figure 30 Nigeria Instant Noodles Market Share, By Type, By Value, 2019-2029
Figure 31 Nigeria Instant Noodles Market Share, By Packaging, By Value, 2019-2029
Figure 32 Nigeria Instant Noodles Market Share, By Sales Channel, By Value, 2019-2029
Figure 33 Algeria Instant Noodles Market Size, By Value (USD Billion), 2019-2029
Figure 34 Algeria Instant Noodles Market Share, By Type, By Value, 2019-2029
Figure 35 Algeria Instant Noodles Market Share, By Packaging, By Value, 2019-2029
Figure 36 Algeria Instant Noodles Market Share, By Sales Channel, By Value, 2019-2030
Figure 37 Rest of Middle East & Africa Instant Noodles Market Size, By Value (USD Billion), 2019-2029
Figure 38 Rest of Middle East & Africa Instant Noodles Market Share, By Type, By Value, 2019-2029
Figure 39 Rest of Middle East & Africa Instant Noodles Market Share, By Packaging, By Value, 2019-2029
Figure 40 Rest of Middle East & Africa Instant Noodles Market Share, By Sales Channel, By Value, 2019-2029

Tables

Table 1 Middle East and Africa Instant Noodles Market Share, By Type, By Value, 2019-2029
Table 2 Middle East and Africa Instant Noodles Market Share, By Packaging, By Value, 2019-2029
Table 3 Middle East and Africa Instant Noodles Market Share, By Sales Channel, By Value, 2019-2029
Table 4 Middle East and Africa Instant Noodles Market Share, By Country, By Value, 2019-2029
Table 5 Saudi Arabia Instant Noodles Market Share, By Type, By Value, 2019-2029
Table 6 Saudi Arabia Instant Noodles Market Share, By Packaging, By Value, 2019-2029
Table 7 Saudi Arabia Instant Noodles Market Share, By Sales Channel, By Value, 2019-2029
Table 8 UAE Instant Noodles Market Share, By Type, By Value, 2019-2029
Table 9 UAE Instant Noodles Market Share, By Packaging, By Value, 2019-2029
Table 10 UAE Instant Noodles Market Share, By Sales Channel, By Value, 2019-2029
Table 11 Qatar Instant Noodles Market Share, By Type, By Value, 2019-2029
Table 12 Qatar Instant Noodles Market Share, By Packaging, By Value, 2019-2029
Table 13 Qatar Instant Noodles Market Share, By Sales Channel, By Value, 2019-2029
Table 14 Kuwait Instant Noodles Market Share, By Type, By Value, 2019-2029
Table 15 Kuwait Instant Noodles Market Share, By Packaging, By Value, 2019-2029
Table 16 Kuwait Instant Noodles Market Share, By Sales Channel, By Value, 2019-2029
Table 17 South Africa Instant Noodles Market Share, By Type, By Value, 2019-2029
Table 18 South Africa Instant Noodles Market Share, By Packaging, By Value, 2019-2029
Table 19 South Africa Instant Noodles Market Share, By Sales Channel, By Value, 2019-2029
Table 20 Nigeria Instant Noodles Market Share, By Type, By Value, 2019-2029
Table 21 Nigeria Instant Noodles Market Share, By Packaging, By Value, 2019-2029
Table 22 Nigeria Instant Noodles Market Share, By Sales Channel, By Value, 2019-2029
Table 23 Algeria Instant Noodles Market Share, By Type, By Value, 2019-2029
Table 24 Algeria Instant Noodles Market Share, By Packaging, By Value, 2019-2029
Table 25 Algeria Instant Noodles Market Share, By Sales Channel, By Value, 2019-2030
Table 26 Rest of Middle East & Africa Instant Noodles Market Share, By Type, By Value, 2019-2029
Table 27 Rest of Middle East & Africa Instant Noodles Market Share, By Packaging, By Value, 2019-2029
Table 28 Rest of Middle East & Africa Instant Noodles Market Share, By Sales Channel, By Value, 2019-2029
Table 29 Nestle SA Company Overview
Table 30 Nestle SA Financial Overview
Table 31 Nissin Foods Holdings Co., Ltd. Company Overview
Table 32 Nissin Foods Holdings Co., Ltd. Financial Overview
Table 33 PT Indofood CBP Sukses Makmur Tbk Company Overview
Table 34 PT Indofood CBP Sukses Makmur Tbk Financial Overview
Table 35 Acecook Vietnam Joint Stock Company - Company Overview
Table 36 Acecook Vietnam Joint Stock Company Financial Overview
Table 37 Toyo Suisan Kaisha, Ltd. Company Overview
Table 38 Toyo Suisan Kaisha, Ltd. Financial Overview
Table 39 Ottogi Corporation Company Overview
Table 40 Ottogi Corporation Financial Overview
Table 41 Samyang Foods Co., Ltd. Company Overview
Table 42 Samyang Foods Co., Ltd. Financial Overview
Table 43 Uni-President Enterprises Corporation Company Overview
Table 44 Uni-President Enterprises Corporation Financial Overview
Table 45 Mamee-Double Decker (M) Sdn Bhd Company Overview
Table 46 Mamee-Double Decker (M) Sdn Bhd Financial Overview
Table 47 KOKA Pte Ltd Company Overview
Table 48 KOKA Pte Ltd Financial Overview
Table 49 Master Kong (Tingyi) Food and Beverage Group Ltd. Company Overview
Table 50 Master Kong (Tingyi) Food and Beverage Group Ltd. Financial Overview
Table 51 Capital Foods Pvt. Ltd. Company Overview
Table 52 Capital Foods Pvt. Ltd. Financial Overview
Table 53 Other Prominent Players Company Overview
Table 54 Other Prominent Players Financial Overview