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Saudi Arabia Instant Noodles Market Report and Forecast 2024-2032

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    Report

  • 190 Pages
  • February 2024
  • Region: Saudi Arabia
  • Expert Market Research
  • ID: 5944490
Saudi Arabia Instant Noodles Market Report and Forecast 2024-2032

Market Outlook

According to the report, the Saudi Arabia instant noodles market is being aided by the growing global instant noodles market, which is estimated to grow at a CAGR of 5% between 2024 and 2032. Aided by the increasingly fast-paced lifestyle of consumers and the rising consumption of processed foods globally, the market is expected to grow significantly by 2032.

Instant noodles, a culinary invention originating from Asia, have carved out a significant niche in Saudi Arabia's food sector. Characterised by their convenience, long shelf life, and adaptability to a range of flavours, they cater to the nation's dynamic and busy population. These noodles come in various forms, including packets, cups, and bowls, and have become synonymous with quick meals, especially amongst the younger demographics.

One of the significant Saudi Arabia instant noodles market trends is the increasing urbanisation and the growing western influence on the population. As urbanisation grows in Saudi Arabia, coupled with an increase in the working population, there has been a shift towards food products that are both timesaving and satisfying. This trend aligns perfectly with the very ethos of instant noodles, leading to a rise in their consumption.

Moreover, the diversification in flavour profiles and the introduction of healthier variants have further propelled the Saudi Arabia instant noodles market growth. Regional tastes and preferences are catered to by customising flavours, making them resonate more with local consumers. The launch of versions fortified with vitamins, reduced sodium, and whole grain ingredients has also gained attention from health-conscious segments of the population.

The local and international brands' growing presence in the region has been aiding the Saudi Arabia instant noodles market demand. Their strategies comprise not only product innovation but also aggressive marketing and distribution efforts. The rise in supermarkets, hypermarkets, and online retail platforms has enhanced product visibility and accessibility, leading to increased sales.

An in-depth Saudi Arabia instant noodles market analysis also emphasises the role of promotional activities and advertising campaigns. Brands have leveraged both traditional and digital media platforms to connect with their target audience, emphasising the convenience and taste of their products. Celebrity endorsements, coupled with relatable narratives, have enhanced brand recall and loyalty, resulting in an incremental market growth.

Market Segmentation

The market can be divided based on form, source, type, packaging type, and region.

Market Breakup by Form

  • Fried Noodles
  • Non-Fried Noodles

Market Breakup by Source

  • Wheat Flour
  • Oats Flour
  • Fine Wheat Flour/Maida Flour
  • Rice Flour
  • Others

Market Breakup by Type

  • Veg
  • Non-Veg
  • Plain

Market Breakup by Packaging Type

  • Cup
  • Packets
  • Others

Market Breakup by Region

  • Makkah
  • Riyadh
  • Madinah
  • Qassim
  • Eastern Province
  • Others

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Saudi Arabia instant noodles market. Some of the major players explored in the report are as follows:
  • Pinehill Arabia Food Ltd.
  • Nestle SA
  • Riyadh Food Pvt.Ltd.
  • CG Corp. (Wai Wai)
  • Others


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Table of Contents

1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Saudi Arabia
7 Opportunities and Challenges in the Market
8 Saudi Arabia Instant Noodles Market Analysis
8.1 Key Industry Highlights
8.2 Saudi Arabia Instant Noodles Historical Market (2018-2023)
8.3 Saudi Arabia Instant Noodles Market Forecast (2024-2032)
8.4 Saudi Arabia Instant Noodles Market by Form
8.4.1 Fried Noodles
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Non-Fried Noodles
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Saudi Arabia Instant Noodles Market by Source
8.5.1 Wheat Flour
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Oats Flour
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Fine Wheat Flour/Maida Flour
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Rice Flour
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Others
8.6 Saudi Arabia Instant Noodles Market by Type
8.6.1 Veg Noodles
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Non-Veg
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Plain
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.7 Saudi Arabia Instant Noodles Market by Packaging Type
8.7.1 Cup
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Packets
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Others
8.8 Saudi Arabia Instant Noodles Market by Region
8.8.1 Makkah
8.8.2 Riyadh
8.8.3 Madinah
8.8.4 Qassim
8.8.5 Eastern Province
8.8.6 Others
9 Regional Analysis
9.1 Makkah
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Riyadh
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 Madinah
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.4 Qassim
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
9.5 Eastern Province
9.5.1 Historical Trend (2018-2023)
9.5.2 Forecast Trend (2024-2032)
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter's Five Forces Analysis
10.2.1 Supplier's Power
10.2.2 Buyers Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 Pinehill Arabia Food Ltd.
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 Nestle SA
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 Riyadh Food Pvt. Ltd.
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 CG Corp. (Wai Wai)
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 Others
14 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Saudi Arabia Instant Noodles Market: Key Industry Highlights, 2018 and 2032
2. Saudi Arabia Instant Noodles Historical Market: Breakup by Form (USD Million), 2018-2023
3. Saudi Arabia Instant Noodles Market Forecast: Breakup by Form (USD Million), 2024-2032
4. Saudi Arabia Instant Noodles Historical Market: Breakup by Source (USD Million), 2018-2023
5. Saudi Arabia Instant Noodles Market Forecast: Breakup by Source (USD Million), 2024-2032
6. Saudi Arabia Instant Noodles Historical Market: Breakup by Type (USD Million), 2018-2023
7. Saudi Arabia Instant Noodles Market Forecast: Breakup by Type (USD Million), 2024-2032
8. Saudi Arabia Instant Noodles Historical Market: Breakup by Packaging Type (USD Million), 2018-2023
9. Saudi Arabia Instant Noodles Market Forecast: Breakup by Packaging Type (USD Million), 2024-2032
10. Saudi Arabia Instant Noodles Historical Market: Breakup by Region (USD Million), 2018-2023
11. Saudi Arabia Instant Noodles Market Forecast: Breakup by Region (USD Million), 2024-2032
12. Saudi Arabia Instant Noodles Market Structure

Companies Mentioned

  • Pinehill Arabia Food Ltd.
  • Nestle SA
  • Riyadh Food Pvt. Ltd. CG Corp. (Wai Wai)

Methodology

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Table Information