Growing youth segment and increasing working population, rising incomes and rising purchasing power, changing consumer preference, growing urbanization and Increase in number of middle class population are the biggest drivers in the growth of Instant Noodles industry of Bangladesh. Also, lack of time, fast paced life and changing food preferences are also helping Instant Noodles sector to grow in Bangladesh.
Instant Noodles Industry in Bangladesh unlike other emerging economy is still very nascent and is largely controlled by few Cooperatives and Independent Instant Noodles companies. Street markets play an important role in the Instant Noodles industry of Bangladesh as most of the population does their shopping here.
Apart from Maggi, major brands which successfully gained a market share are Smith and Jones, Cocola, Pran, Knorr, IMEE, Prosperity, MAMA, IFAD and Namee Express Noodles. There are roughly 15 brands available in Bangladesh and the market is still open for any new entry with smart product. Recently Patanjali Group has launched Noodles in India with name “Patanjali Atta Noodles” which they are also looking to launch in Bangladesh. They are promoting it as healthy noodles made from wheat floor.
This Report Offers:
The study elucidates the situation of Bangladesh and predicts the growth of its Instant Noodles Market. Report talks about growth, market trends, progress, challenges, opportunities, government regulations, technologies in use, growth forecast, major companies, upcoming companies and projects etc. in the Instant Noodles Sector of Bangladesh. In addition to it, the report also talks about economic conditions of and future forecast of its current economic scenario and effect of its current policy changes in to its economy, reasons and implications on the growth of this sector.
2. Executive Summary
3. Key Findings of The Study
4. Market Overview
4.2 Industry Value Chain Analysis
4.3 Industry Attractiveness – Porter’s 5 Force Analysis
4.4 PESTEL Analysis
4.5 Industry Policies
5. Market Dynamics
6. Instant Noodles Market
6.2 Segmentation By Raw Material
6.2.1 Wheat Floor
6.2.2 Rice Flour
6.2.3 Moong bean Starch
6.2.4 Buck Wheat
6.2.5 Very Fine Wheat Flour/Maida Floor/Cake Flour
6.3 Segmentation By Types of Dishes
6.3.1 Basic Noodles
6.3.2 Noodles Soup
7. Investment Analysis
7.1 Recent Mergers And Acquisitions
7.2 Investment Outlook
8. Future of Instant Noodles Market
9. List of figures
10.List of Tables