What is Instant Cooking Food?
Instant Cooking Food is a type of convenience food that requires little preparation, usually just adding water or milk. According to some authors, instant cooked food takes less than five minutes to prepare, while ultra-instant food takes less than one minute. Dehydrated, freeze-dried, or condensed foods are frequently used in instant foods. Convenience food labeled as instant cooking food is an attempt to meet this need while remaining palatable enough for consumers to prefer it over foods that require the use of recipes and cooking.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Nissin Foods (Japan), Unilever (United Kingdom), Uni-President Enterprises (Taiwan), BaiXiang Food (China), MasterKong (Company), Toyo Suisan (Japan), Thai President Foods (Thailand), Sanyo Foods (United States), Samyang Food (South Korea) and Premier Foods (United Kingdom) |
The study covers a detailed analysis segmented by key business segments i.e. by type (Maggi, Noodles, Pasta, Soups, Meat Products, Precooked Cereals and Others) , by application (Students, Restaurant, Household and Others) and major geographies. Research Analyst at AMA predicts that South Korean Vendors will contribute to the maximum growth of Global Instant Cooking Food market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Instant Cooking Food market report suggests strategies that Vendors can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Vendors, some of them are Nissin Foods (Japan), Unilever (United Kingdom), Uni-President Enterprises (Taiwan), BaiXiang Food (China), MasterKong (Company), Toyo Suisan (Japan), Thai President Foods (Thailand), Sanyo Foods (United States), Samyang Food (South Korea) and Premier Foods (United Kingdom).
Market Overview:
On 5th February 2022, Curefoods, a cloud kitchen network, announced a merger with Maverix, a Mumbai-based food-tech player, making it the country's second-largest cloud kitchen player in terms of footprint.
The model Food Code is not a federal law or regulation, and it is not prescriptive. Rather, it represents the FDA's best advice for a uniform regulatory system to ensure that food sold at retail is safe, properly protected, and presented. Although not federal requirements (unless adopted by federal bodies for use within federal jurisdictions), the model Food Code provisions are written to be consistent with federal food laws and regulations, and they are written to be easily legalized at all levels of government.
Global instant cooking food companies are exploring the market, and their preferred strategy is expansion, investment, the launch of new services, and collaboration. Players are expanding and acquiring businesses in new markets around the world to gain a competitive advantage through collaborative efforts. In the marketplace, players sell a variety of instant cooking foods through both offline and online sales channels. More production of instant cooking foods is being driven by a rapidly changing global workplace culture.
Instant Cooking Food Market Dynamics:
Attributes | Details |
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Growth Drivers | - The rise in Demand for Quick Meal in Coronavirus Pandemic
- Growing Urbanization and Changing Lifestyles of People in the World
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Major Trends | - Growing Demand Due to Rising Demand for Convenient Culinary Products
- Need for More leisure Time is driving the Rise in Convenience Food Consumption
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Restraints | - Regulatory Guidelines Associate with Food Product May Restraint Market Growth
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Road Blocks / Challenges | - Market Presence with Numerous Players Pose a Challenge for Instant Cooking Food
- Lacking in Promotional Activities Constraining Instant Cooking Food Market Value
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Gaps & Opportunities | - Launch of New Variety and Texture by the Manufacturers
- Developing New Food Products through Investing in Research and Development
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Key highlights of the Global Instant Cooking Food market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the Instant Cooking Food market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Instant Cooking Food market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Vendors
Comprehensive information about factors that will challenge the growth of Instant Cooking Food Vendors
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Instant Cooking Food market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Instant Cooking Food market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Instant Cooking Food Manufacturer, Instant Cooking Food Distributors and Suppliers, Upstream and Downstream Buyers, Government Bodies, End-Users and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.