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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Saudi Arabia Instant Noodles Market Analysis
Due to the increasingly hectic lifestyle, the working population prefers affordable and quick meals, such as instant noodles, which require minimal cooking. Thus, the growing working population of Saudi Arabia is aiding the growth of the instant noodles market in Saudi Arabia. The rapid urbanisation and the increasing purchasing power of consumers have changed the eating habits of the population. This shift in their eating habits has created a significant opportunity for the industry to flourish in the country.
Instant noodles are available in multiple different flavours, along with numerous vegetarian and non-vegetarian variations. Moreover, the key players keep formulating new flavours, textures, and seasonings/tastemakers to expand their consumer base. Thus, the rising diversification of products is expected to support the industry growth in the coming years. The availability of numerous flavours caters to the tastes of all age groups, including kids and youngsters. The increasing organised food retail sector, with a rising number of departmental stores, hypermarkets, supermarkets, as well as convenience stores, is expected to support the growth of the industry. The industry is also expected to be aided by the rising consumption of convenient and ready-to-eat products in the region. The ease of preparation and the longer shelf life are further projected to propel the growth of the industry in the country.
Saudi Arabia Instant Noodles Market Report Snapshots
Saudi Arabia Instant Noodles Market Size
Saudi Arabia Instant Noodles Market Analysis
Saudi Arabia Instant Noodles Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The Saudi Arabia instant noodles market is expected to be driven by the global instant noodles market, which reached a value of about USD 49.06 billion in 2023.
The instant noodles market in Saudi Arabia is likely to be driven by the global industry growth, which is expected to grow at a CAGR of 6% in the forecast period of 2024-2032.
The instant noodles market in Saudi Arabia is anticipated to be aided by the global industry, which is expected to reach a value of about USD 67.69 billion by 2032.
The major market drivers include rising disposable incomes, increasing population, hectic lifestyles, growing product diversification, and a large population of younger consumers.
The growing popularity of non-vegetarian instant noodles, the availability of diverse flavours of noodles, and the ease of preparation and the long shelf life of instant noodles are key trends guiding the market.
Makkah, Riyadh, Madinah, Qassim, and Eastern Province, among others, are the major regional markets of instant noodles in Saudi Arabia.
The various forms of instant noodles in the market are fried noodles and non-friend noodles.
The several types of instant noodles include veg noodles, non-veg, and plain.
The major sources of the product are wheat flour, oats flour, fine wheat flour/maida flour, and rice flour, among others.
The leading players in the market are Pinehill Arabia Food Ltd., Nestle SA, Riyadh Food Pvt. Ltd., and Chaudhary Group, among others.
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