India Instant Noodles, Pasta & Soup Report 2017: India Instant Soup Market Poised for Robust Growth in the Forecast Period - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "India Instant Noodles, Pasta & Soup Market Overview" report to their offering.

The Instant Noodles, Pasta & Soup market of India covers three categories of ready-to-cook food, namely instant noodles, instant pasta and instant soup. With the rapidly changing lifestyles over the last couple of decades, ready-to-cook and instant food brands have become almost indispensable in the urban kitchens, as such easy-to-cook foods are great time-savers besides being easy on the palate, and also because they are greatly relished by children.

According to India Instant Noodles, Pasta & Soup Market Overview, the total market for instant noodles, pasta and soup is growing with more than 20% CAGR from the last five years. The instant noodles market in India was growing at a healthy rate from the last few years but Maggi's MSG lead controversy affected the category majorly, with sales being reduced by almost 14% in the year 2015-16. As a result, other players like CG Foods and ITC Sunfeast Yippee are trying to grab a larger share of the category.

The Instant Noodles market in India is divided into two segments according to the packaging style viz. packet/pouch noodles and cup/bowl noodles. Flexible plastic packaging of packet noodles dominates the market as consumers prefer convenient packaging with affordable quantities. However, cup noodles will prove to be a trendy friend of the young multitasking generation in the coming years. More than two-thirds of sales revenue of instant noodles comes from traditional formats (kirana stores), whereas retail is growing fast and online sales are still at a nascent stage. The ready-to-cook pasta market in India is at the kind of stage that the instant noodles market was years ago.

Companies Mentioned

  • Nestle India Pvt. Ltd.
  • Hindustan Unilever Limited
  • Bambino Agro Industries Ltd.
  • ITC Limited
  • CG Foods India Private Limited

Key Topics Covered:

1. Executive Summary

2. India Instant Noodles, Pasta & Soup Market Outlook

3. Company Profiles

For more information about this report visit http://www.researchandmarkets.com/research/29z9sx/india_instant.

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For EST Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Pasta and Noodles, Soup

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For EST Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Pasta and Noodles, Soup