Netscribes' latest market research report titled Instant Noodles Market in India 2017 states that the market is expected to witness a steady growth in the coming years due to increasing demand from the urban youth in the country. With the increase in disposable income amongst Indians, per capita income and GDP is also on the rise, leading to growing appetite for premium products in the urban segment. Also rise in the consumption of convenience foods is a factor considered for growth. Growing youth segment and working class population can also be considered as a reason for the category's double digit growth in India.
Private label brands have low level of market penetration. Presence of large number of organized and unorganized players in the market and price competitiveness among them is also posing as threats to the industry. Lack of product differentiation and presence of excessive lead levels in instant noodles are also potential threats. Despite these hindrances in the industry, the market is expected to grow, with more players entering the market and actions being taken by regulatory bodies to keep the situation under control and lessen the challenges.
Overview of the instant noodles market in India and forecasted market size data in terms of value over 2015 to 2020
Trade analysis of instant noodles market in India
Qualitative analysis of the major drivers and challenges affecting the market
Analysis of the competitive landscape and profiles of major players operating in the market
Key recent developments associated with instant noodles market in India
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