Bangladesh Instant Noodles Market by Product Types (Cups, Bowls, and Packets), and Distribution Channels (Supermarket, Convenience Stores, Specialty Stores, Online Retail Stores, Traditional Grocery Stores, and Others) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
The Bangladesh instant noodles market size is expected to expand at a significant CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the rapid urbanization and hectic work schedules in daily lives.
Instant noodles are made from a mixture of finely ground wheat flour and alkaline salt. Additional ingredients are added such as starch, gluten, edible oil, and stabilizers are added to the dough in small amounts. Instant noodles are pre-cooked dry noodles i.e. the water is completely soaked from noodles through one of two processes called quick frying. They usually come with a small packet of spices. Instant noodles are popular all over the world because of their convenient portability, quick production, and easy storage. Instant noodles come in different flavors, with different stomach-filling ingredients, and health-promoting add-ons, such as dried vegetables, wheat flour, seafood, meat, beef and pork.
Instant noodles come in a variety of flavors. In addition, manufacturers continue to develop new flavors, condiments/flavors, textures, and colors based on geographical location tastes.
Market Trends, Drivers, Restraints, and Opportunities
- Increasing disposable incomes and changing eating habits of consumers with increasing demand for convenient foods is expected to boost the market during the forecast period.
- Rapid growth of the food industry with demand in ready-to-eat foods with varieties of instant noodles is major factors fueling the market in the coming years.
- Growing urbanization with fortified noodles for health conscious consumers and extensive marketing strategies is anticipated to drive the market during forecast period.
- High consumption of noodles cause severe health issues such as hypertension, diabetics, and metabolic disorders are projected to hamper the market growth.
- Increasing awareness among consumers on organic & fresh foods and the use of chemical preservatives act as major factors that can hamper the market growth during the forecast period.
- R&D investment and development of healthy noodles and alternative of chemical preservatives is expected to offer significant opportunities for the market players.
Scope of the Report
The report on the Bangladesh instant noodles market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
|
Attributes |
Details |
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Report Title |
Bangladesh Instant Noodles Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2020 |
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Historic Data |
2018–2019 |
|
Forecast Period |
2021–2028 |
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Segmentation |
Product Types (Cups, Bowls, and Packets), and Distribution Channels (Supermarket, Convenience Stores, Specialty Stores, Online Retail Stores, Traditional Grocery Stores, and Others) |
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Geography |
Bangladesh |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
Square Food & Beverage Ltd; Unilever; Nestle SA; and Pran RFL Group Ltd. |
Market Segment Insights
The packets segment is projected to represent a major market share
On the basis of product types, the instant noodles market is segregated into cups, bowls, and packets. The packets segment is expected to hold a key share of the market during the forecast period due to the increasing consumption by small and medium-sized households. A pack of instant noodles is very small and can be eaten in one go. Rising demand for instant noodles as a nutritious meal for school children has led to an increasing demand for instant noodles in the single-packet. Increasing preference of boarding school students for instant noodles has led to an increase in the sales of packet instant noodles. However, the most important and decisive factor in deciding to purchase instant noodles is taste, preferred pack, and brand. Due to the large household size in Bangladesh, most instant noodle bag manufacturers provide big packets, and are available in four, eight, and twelve packets. Meat is the most popular flavor in the pasta field of packet instant noodles. Other favorite flavors are masala, beef, spicy, and shrimp. Maggi has the largest market share in the field of packaged instant noodles. It offers instant noodle products in various packaging sizes, such as one pack, four packs, eight packs, and twelve packs.
The supermarket segment is expected to grow at a rapid pace
Based on distribution channels, the instant noodles market is divided into supermarket, convenience stores, specialty stores, online retail stores, traditional grocery stores, and others. The supermarket segment is expected to represent a key share of the market during the forecast period owing to one-stop shopping experience. Instant noodles are becoming more and more recognized by consumers because of their affordable prices and various flavors provided by various supermarkets and hypermarkets.
Segments
Segments Covered in the Report
The Bangladesh instant noodles market has been segmented on the basis of
Product Types
- Cups
- Packets
- Bowls
Distribution Channels
- Supermarket
- Convenience Stores
- Specialty Stores
- Online Retail Stores
- Traditional Grocery Stores
- Others
Key Players
- Square Food & Beverage Ltd
- Unilever
- Nestle SA
- Pran RFL Group Ltd.
Competitive Landscape
Key players competing in the instant noodles market include Square Food & Beverage Ltd; Unilever; Nestle SA; and Pran RFL Group Ltd.
Some of these players are using several market strategies including mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Instant Noodles Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Instant Noodles Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Instant Noodles Market - Supply Chain
4.5. Global Instant Noodles Market Forecast
4.5.1. Instant Noodles Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Instant Noodles Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Instant Noodles Market Absolute $ Opportunity
5. Global Instant Noodles Market Analysis and Forecast by Region
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Region
5.2.2. Y-o-Y Growth Projections by Region
5.3. Instant Noodles Market Size and Volume Forecast by Region
5.3.1. North America
5.3.2. Latin America
5.3.3. Europe
5.3.4. Asia Pacific
5.3.5. Middle East and Africa (MEA)
5.4. Absolute $ Opportunity Assessment by Region
5.5. Market Attractiveness/Growth Potential Analysis by Region
5.6. Global Instant Noodles Demand Share Forecast, 2019-2026
6. North America Instant Noodles Market Analysis and Forecast
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis by Country
6.1.2. Y-o-Y Growth Projections by Country
6.2. North America Instant Noodles Market Size and Volume Forecast by Country
6.2.1. U.S.
6.2.2. Canada
6.3. Absolute $ Opportunity Assessment by Country
6.4. Market Attractiveness/Growth Potential Analysis
6.4.1. By Country
6.4.2. By Product Type
6.4.3. By Application
6.5. North America Instant Noodles Demand Share Forecast, 2019-2026
7. Latin America Instant Noodles Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.1.3. Latin America Average Pricing Analysis
7.2. Latin America Instant Noodles Market Size and Volume Forecast by Country
7.2.1. Brazil
7.2.2. Mexico
7.2.3. Rest of Latin America
7.3. Absolute $ Opportunity Assessment by Country
7.4. Market Attractiveness/Growth Potential Analysis
7.4.1. By Country
7.4.2. By Product Type
7.4.3. By Application
7.5. Latin America Instant Noodles Demand Share Forecast, 2019-2026
8. Europe Instant Noodles Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Europe Average Pricing Analysis
8.2. Europe Instant Noodles Market Size and Volume Forecast by Country
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. U.K.
8.2.5. Spain
8.2.6. Russia
8.2.7. Rest of Europe
8.3. Absolute $ Opportunity Assessment by Country
8.4. Market Attractiveness/Growth Potential Analysis
8.4.1. By Country
8.4.2. By Product Type
8.4.3. By Application
8.5. Europe Instant Noodles Demand Share Forecast, 2019-2026
9. Asia Pacific Instant Noodles Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Asia Pacific Average Pricing Analysis
9.2. Asia Pacific Instant Noodles Market Size and Volume Forecast by Country
9.2.1. China
9.2.2. Japan
9.2.3. South Korea
9.2.4. India
9.2.5. Australia
9.2.6. Rest of Asia Pacific (APAC)
9.3. Absolute $ Opportunity Assessment by Country
9.4. Market Attractiveness/Growth Potential Analysis
9.4.1. By Country
9.4.2. By Product Type
9.4.3. By Application
9.5. Asia Pacific Instant Noodles Demand Share Forecast, 2019-2026
10. Middle East & Africa Instant Noodles Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Middle East & Africa Average Pricing Analysis
10.2. Middle East & Africa Instant Noodles Market Size and Volume Forecast by Country
10.2.1. Saudi Arabia
10.2.2. South Africa
10.2.3. UAE
10.2.4. Rest of Middle East & Africa (MEA)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Market Attractiveness/Growth Potential Analysis
10.4.1. By Country
10.4.2. By Product Type
10.4.3. By Application
10.5. Middle East & Africa Instant Noodles Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global Instant Noodles Market: Market Share Analysis
11.2. Instant Noodles Distributors and Customers
11.3. Instant Noodles Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
11.4.1. Square Food & Beverage Ltd
11.4.2. Unilever
11.4.3. Nestle SA
11.4.4. Pran RFL Group Ltd.
2. Assumptions and Acronyms Used
3. Research Methodology
4. Instant Noodles Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Instant Noodles Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Instant Noodles Market - Supply Chain
4.5. Global Instant Noodles Market Forecast
4.5.1. Instant Noodles Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Instant Noodles Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Instant Noodles Market Absolute $ Opportunity
5. Global Instant Noodles Market Analysis and Forecast by Region
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Region
5.2.2. Y-o-Y Growth Projections by Region
5.3. Instant Noodles Market Size and Volume Forecast by Region
5.3.1. North America
5.3.2. Latin America
5.3.3. Europe
5.3.4. Asia Pacific
5.3.5. Middle East and Africa (MEA)
5.4. Absolute $ Opportunity Assessment by Region
5.5. Market Attractiveness/Growth Potential Analysis by Region
5.6. Global Instant Noodles Demand Share Forecast, 2019-2026
6. North America Instant Noodles Market Analysis and Forecast
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis by Country
6.1.2. Y-o-Y Growth Projections by Country
6.2. North America Instant Noodles Market Size and Volume Forecast by Country
6.2.1. U.S.
6.2.2. Canada
6.3. Absolute $ Opportunity Assessment by Country
6.4. Market Attractiveness/Growth Potential Analysis
6.4.1. By Country
6.4.2. By Product Type
6.4.3. By Application
6.5. North America Instant Noodles Demand Share Forecast, 2019-2026
7. Latin America Instant Noodles Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.1.3. Latin America Average Pricing Analysis
7.2. Latin America Instant Noodles Market Size and Volume Forecast by Country
7.2.1. Brazil
7.2.2. Mexico
7.2.3. Rest of Latin America
7.3. Absolute $ Opportunity Assessment by Country
7.4. Market Attractiveness/Growth Potential Analysis
7.4.1. By Country
7.4.2. By Product Type
7.4.3. By Application
7.5. Latin America Instant Noodles Demand Share Forecast, 2019-2026
8. Europe Instant Noodles Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Europe Average Pricing Analysis
8.2. Europe Instant Noodles Market Size and Volume Forecast by Country
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. U.K.
8.2.5. Spain
8.2.6. Russia
8.2.7. Rest of Europe
8.3. Absolute $ Opportunity Assessment by Country
8.4. Market Attractiveness/Growth Potential Analysis
8.4.1. By Country
8.4.2. By Product Type
8.4.3. By Application
8.5. Europe Instant Noodles Demand Share Forecast, 2019-2026
9. Asia Pacific Instant Noodles Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Asia Pacific Average Pricing Analysis
9.2. Asia Pacific Instant Noodles Market Size and Volume Forecast by Country
9.2.1. China
9.2.2. Japan
9.2.3. South Korea
9.2.4. India
9.2.5. Australia
9.2.6. Rest of Asia Pacific (APAC)
9.3. Absolute $ Opportunity Assessment by Country
9.4. Market Attractiveness/Growth Potential Analysis
9.4.1. By Country
9.4.2. By Product Type
9.4.3. By Application
9.5. Asia Pacific Instant Noodles Demand Share Forecast, 2019-2026
10. Middle East & Africa Instant Noodles Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Middle East & Africa Average Pricing Analysis
10.2. Middle East & Africa Instant Noodles Market Size and Volume Forecast by Country
10.2.1. Saudi Arabia
10.2.2. South Africa
10.2.3. UAE
10.2.4. Rest of Middle East & Africa (MEA)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Market Attractiveness/Growth Potential Analysis
10.4.1. By Country
10.4.2. By Product Type
10.4.3. By Application
10.5. Middle East & Africa Instant Noodles Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global Instant Noodles Market: Market Share Analysis
11.2. Instant Noodles Distributors and Customers
11.3. Instant Noodles Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
11.4.1. Square Food & Beverage Ltd
11.4.2. Unilever
11.4.3. Nestle SA
11.4.4. Pran RFL Group Ltd.
Segments Covered in the Report
The Bangladesh instant noodles market has been segmented on the basis of
Product Types
- Cups
- Packets
- Bowls
Distribution Channels
- Supermarket
- Convenience Stores
- Specialty Stores
- Online Retail Stores
- Traditional Grocery Stores
- Others
Key Players
- Square Food & Beverage Ltd
- Unilever
- Nestle SA
- Pran RFL Group Ltd.
Key players competing in the instant noodles market include Square Food & Beverage Ltd; Unilever; Nestle SA; and Pran RFL Group Ltd.
Some of these players are using several market strategies including mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.
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