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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 ...
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]
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.
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]
Indofood was founded in 1969 as Lambang Insan Makmur, an instant noodles business [citation needed], with its brand Indomie launching in 1972. [1] The company restructured on August 14, 1990, as PT Panganjaya Intikusuma.
Mr. 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%. [14]
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.
Under Shin's leadership, Nongshim became South Korea's largest instant noodles maker and the fifth-largest in the world, and introduced popular products such as the Saeukkang, Shin Ramyun, Chapaghetti, and Neoguri. [1] He died on 27 March 2021 at Seoul National University Hospital. [3] Shin is survived by his wife Kim Nak-yang, and five children.
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