Brazil Instant Noodles Market Research Report 2021-2031
The Brazil instant noodles market is projected to grow from US$ 552.37 million in 2023 to US$ 749.73 million by 2031; the market is expected to register a CAGR of 3.9% during 2023–2031. The surging preference for gluten-free products is expected to set new trends in the market during the forecast period.
Brazil Instant Noodles Market Analysis
The growing need for convenience and the increased demand for ready-to-eat food products are driving the Brazil instant noodles market. In addition, the growing number of health-conscious consumers in the country contributes to the increased demand for gluten-free instant noodles. The gluten-free instant noodles are usually made without wheat or other gluten-containing grains. Gluten-free is often made from rice, corn, quinoa, and other gluten-free flour. The gluten-free noodles serve customers who prefer a gluten-free diet and provide a similar taste and texture as conventional noodles. The gluten-free category in the Brazil instant noodles market is rapidly emerging due to increasing consumer awareness and growing demand for gluten-free options, with the rising prevalence of celiac disease and gluten intolerance and a broader trend towards healthier habits. Manufacturers are developing new flavors and enhancing the overall quality of gluten-free noodles to meet consumer demands. This category expansion is also supported by the growing availability of gluten-free products in both online and physical channels, making it available to customers in Brazil.
Brazil Instant Noodles Market Overview
The demand for instant noodles in Brazil is witnessing rapid growth. The increasing consumption of instant noodles can be attributed to the continued development and innovation of new flavors, preparation methods, and packaging types that widely appeal the consumers in the Brazilian market. Moreover, the increased number of retail chains and abundant availability of these products in several distribution channels contribute to the market growth of the Brazil instant noodles market.
Supermarkets and hypermarkets are large retail establishments that offer a wide range of products, including groceries, food and beverages, and other household goods. They are a crucial distribution channel for instant noodles in Brazil, offering variety and convenience. Major supermarket chains—Pao de Acucar and Extra—and hypermarkets such as Big and Atacadao provide extensive access to these products across rural and urban areas. The products from different brands are available at reasonable prices in these stores, allowing consumers to quickly shop and find the right product. Manufacturers of instant noodles usually prefer to sell their products through supermarkets and hypermarkets owing to their heavy customer base. In addition, these stores offer attractive discounts, multiple payment options, and a pleasant customer experience. Therefore, rapid urbanization, competitive pricing, and a rise in the working-class population in Brazil boost the popularity of supermarkets and hypermarkets.
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Brazil Instant Noodles Market: Strategic Insights
Brazil Instant Noodles Market
-
CAGR (2023 - 2031)
3.9%
-
Market Size 2023
US$ 552.37 Million
-
Market Size 2031
US$ 749.73 Million
Market Dynamics
GROWTH DRIVERS
- Rise in Adoption of Convenience Food
- Expansion of Global Companies in Brazil
FUTURE TRENDS
- Preference for Gluten-Free Products
OPPORTUNITIES
- Rising Penetration of E-Commerce
Key Players
- Nissin Foods Holdings Co Ltd
- Unilever Plc
- Nestle SA
- Nongshim Co Ltd
- Konjac Massas MF
- Samyang Food Co Ltd
- Ajinomoto Co Inc
- Maruchan Inc
Regional Overview
- Brazil
Market Segmentation
Packaging Type
- Cup/Bowl
- Packet
Category
- Conventional
- Gluten-Free
Distribution Channel
- Supermarkets and Hypermarkets
- Convenience Stores
- Online Retail
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Brazil Instant Noodles Market: Strategic Insights
-
CAGR (2023 - 2031)3.9% -
Market Size 2023
US$ 552.37 Million -
Market Size 2031
US$ 749.73 Million
Market Dynamics
- Rise in Adoption of Convenience Food
- Expansion of Global Companies in Brazil
- Preference for Gluten-Free Products
- Rising Penetration of E-Commerce
Key Players
- Nissin Foods Holdings Co Ltd
- Unilever Plc
- Nestle SA
- Nongshim Co Ltd
- Konjac Massas MF
- Samyang Food Co Ltd
- Ajinomoto Co Inc
- Maruchan Inc
Regional Overview
- Brazil
Market Segmentation
- Cup/Bowl
- Packet
- Conventional
- Gluten-Free
- Supermarkets and Hypermarkets
- Convenience Stores
- Online Retail
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Brazil Instant Noodles Market Drivers and Opportunities
Rise in Adoption of Convenience Food
The consumption of high-quality convenience food has become one of the main trends in the food industry in Brazil. Convenience food, such as ready-to-eat (RTE) and ready-to-cook (RTC) products, allows consumers to save time and effort associated with ingredient shopping, meal preparation, cooking, and post-meal activities. As per the Food and Health Survey of the International Food Information Council (IFIC), convenience is a major factor of consideration for millennials while purchasing food.
Convenience foods such as instant noodles are gaining popularity owing to the increasing number of smaller households and dual-income families across Brazil. Due to their hectic work schedules, millennials prefer to avoid tedious tasks. Instant noodles are processed and involve preservation technology, which plays a major role in extending product shelf life. The efforts and time saved on food preparation and its convenience of storage and transport have further aided in boosting the demand for instant noodles. A few categories of instant noodles can be eaten immediately or after adding water, heating, or thawing. Most instant noodles can be made in 2–5 minutes. As per the World Instant Noodles Association (WINA), the demand for instant noodles is increasing yearly in the country. Brazil secured 11th position worldwide in 2023. Also, the business of supermarket delivery services in Brazil—such as Amazon Fresh and Instacart—has proliferated owing to the rising preference for convenience and quality food. Thus, the growing adoption of convenience food contributes to the Brazil instant noodles market growth.
Rising Penetration of E-Commerce to Create Significant Opportunities
In recent years, the rise of e-commerce has revolutionized consumer shopping and spending habits in Brazil. Rising smartphone and Internet penetration, emerging technologies, growing purchasing power, and convenience offered by online retail shopping platforms from anywhere 24x7 are a few of the key factors favoring the e-commerce industry. People increasingly prefer online retail channels for buying RTE and RTC products, such as instant noodles. The online sales of food products and beverages grew significantly during the COVID-19 pandemic owing to the shutdown of supermarkets and grocery stores and the imposition of several social restrictions by the Brazilian government.
The growing penetration of e-commerce worldwide is encouraging the manufacturers of instant noodles to enhance their online presence by selling products through Amazon, Mercado Livre, Magazine Luíza, and other well-established e-commerce platforms. The rising adoption of e-commerce platforms is eliminating the dependency on offline retail stores such as supermarkets and grocery stores. Thus, the expansion of e-commerce activities is anticipated to create lucrative opportunities for the Brazil instant noodles market growth during the forecast period.
Brazil Instant Noodles Market Report Segmentation Analysis
Key segments that contributed to the derivation of the Brazil instant noodles market analysis are packaging type, category, and distribution channel.
- Based on packaging type, the Brazil instant noodles market is bifurcated into cup/bowl and packet. The packet segment accounted for a larger market share in 2023.
- The market, by category, is bifurcated into conventional and gluten-free. In 2023, the conventional segment held a larger market share.
- Based on distribution channel, the Brazil instant noodles market is segmented into supermarkets and hypermarkets, convenience stores, online retail, and others. The convenience stores segment accounted for the largest market share in 2023.
Brazil Instant Noodles Market Share Analysis by Country
The demand for instant noodles is growing rapidly in the country owing to the increased demand for ready-to-eat products in Brazil. There is a surge in cup/bowl types of instant noodles in the country. Packet packaging for instant noodles offers advantages such as portability, convenience, and cost-effectiveness. The packaging helps preserve freshness and extends shelf life while offering portion control. In addition, it provides sufficient space for branding and nutritional information, enhancing consumer awareness. Packet packaging is available in a variety of stock-keeping units to cater to various consumer needs, including single-pack, double-pack, triple-pack, and bulk options. These packaging options are generally designed for higher quantity purchases, offering flexibility and cost-effectiveness for buyers. The demand for packet packaging type is primarily driven by the widespread availability of instant package noodles in a wide range of packaging sizes, offering consumers the flexibility to purchase according to their needs and usage patterns. Moreover, based on distribution channel, the Brazil instant noodles market is segmented into supermarkets and hypermarkets, convenience stores, online retail, and others. The online retail segment is expected to register the highest CAGR during the forecast period. Consumers' buying preferences are drastically changing with rising internet penetration across the country. The ease of online transactions and reliable delivery services make online purchases of instant noodles convenient and efficient, contributing positively to the Brazil instant noodles market share globally.
Brazil Instant Noodles Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 552.37 Million |
Market Size by 2031 | US$ 749.73 Million |
Global CAGR (2023 - 2031) | 3.9% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Packaging Type
|
Regions and Countries Covered | Brazil
|
Market leaders and key company profiles |
|
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Brazil Instant Noodles Market News and Recent Developments
The Brazil instant noodles market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases.
- NISSIN FOODS DO BRASIL LTDA, a subsidiary of NISSIN FOODS HOLDINGS CO., LTD., is set to build a new plant in Ponta Grossa, Parana, Brazil, starting in June 2024 and completing in March 2026. The plant will expand the company's product portfolio, including the bestselling Nissin Lamen, cup-type noodles CUP NOODLES, and NISSIN YAKISSOBA U.F.O. (Source: NISSIN FOODS DO BRASIL LTDA, Company Website, November 2023)
Brazil Instant Noodles Market Report Coverage and Deliverables
The "Brazil Instant Noodles Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:
- Brazil instant noodles market size and forecast for all the key market segments covered under the scope
- Brazil instant noodles market trends, as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed Porter's Five Forces and SWOT analysis
- Brazil instant noodles market analysis covering key market trends, country framework, major players, regulations, and recent market developments.
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the Brazil instant noodles market
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
The surging preference for gluten-free products is expected to emerge as a future trend in the market.
The market is expected to register a CAGR of 3.9% during 2023–2031.
Nissin Foods Holdings Co Ltd, Unilever Plc, Nestle SA, Nongshim Co Ltd, Konjac Massas MF, Samyang Food Co Ltd, Ajinomoto Co Inc, and Maruchan Inc are among the key players operating in the market.
The rise in the adoption of convenience food and the expansion of global companies in the country drive the market.
The List of Companies - Brazil Instant Noodles Market
- Nissin Foods Holdings Co Ltd
- Unilever Plc
- Nestle SA
- Nongshim Co Ltd
- Konjac Massas MF
- Samyang Food Co Ltd
- Ajinomoto Co Inc
- Maruchan Inc