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According to World Instant Noodles Association (WINA), in 2018, India was the third largest consumer of instant noodles after China/Hong Kong and Indonesia. This segment had total sales of $1,040.4 million in 2019 and is predicted to grow at a CAGR of around 5.6 per cent to $1,293.7 million in 2023. [54] [55]
Indomie is an instant noodle brand produced by the Indonesian company Indofood, [1] the largest instant noodle manufacturer in the world with 16 factories. Over 28 billion packets of Indomie are produced annually, [citation needed] and exported to more than 90 countries. Indomie has been produced mainly in Indonesia since it was first ...
Nongshim is the largest instant noodles and snack company in South Korea. At the end of 2015, Nongshim had 2.57 trillion won in assets and 2.81 trillion won in sales. [ 6 ] It runs 11 factories worldwide, has subsidiaries in Korea [ 7 ] [ 8 ] and overseas, and operates in more than 100 countries.
Wathit Chokewattana, vice president of the company, said that the growth rate of instant noodles has averaged 5–6% per year historically. In 2019 MAMA, traditionally the market leader, [ 7 ] remained on top of the Thai instant noodle market : 29 , followed by Wai Wai at 23–24% and Ajinomoto 's Yum Yum at 20–21%.
The Salim Group is Indonesia's biggest conglomerate and refers to companies where the Salim family holds majority ownership. Its assets include Indofood Sukses Makmur, [a] the world's largest instant noodle producer; Indomobil Group, one of Indonesia's largest car manufacturers; Indomaret, Indonesia's largest convenience store chain; and Bogasari, a large flour-milling operation. [1]
Established in 1991, Master Kong is a branded company headquartered in Shanghai and Tianjin. It specializes in the production and distribution of instant noodles, [2] beverages, cakes, and relevant supporting industries. In 1996, it was listed in Hong Kong and is currently constituent of MSCI China Index and the Hang Seng China 100 Index.
The company was founded in Japan on 1 September 1948, by Taiwanese-Japanese immigrant Go Pek-Hok (1910-2007), Japanese name Momofuku Ando as Chuko Sosha (中交総社, Chuukou-sousha). [2] Ten years later, the company introduced its first instant ramen noodle product, Chikin Ramen (Chicken Ramen).
The company was founded in 1958. [1] In July 2009, it became the largest private shareholder in Taipei Financial Center Corporation, which owns Taipei 101. [4] [5]The company is owned by the Wei family of Taiwan, and in 2009, was the largest maker of instant noodles in China.