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Instant noodle production line manufacturer: Instant noodle market will not be afraid of takeaway impact up to hundreds of billions of scale

Classification:
Group News
Author:
DONGFANG NAOMU
Source:
www.noodlemachinery.com
Release time:
2021/03/06
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DONGFANG NAOMU-Professional noodle machine manufacturer

Main business: instant noodle machineinstant noodle production lineinstant noodle equipmentnonfried instant noodle machinenonfried noodle production line; fresh ramen noodle machine, fresh noodle production linefresh noodle equipmentstick noodle machinestick noodle production linestick noodle equipment and so on.

Instant noodle production line manufacturer: Instant noodle market will not be afraid of takeaway impact up to hundreds of billions of scale

Instant noodle production line manufacturer: Instant noodle market will not be afraid of takeaway impact up to hundreds of billions of scale. During the FBIF Food and Beverage Innovation Forum 2018, Fan Xianguo was interviewed by media and industry insiders, including snack agents. He told the snack agency that the existing 50 billion plates of instant noodles in the market is relatively stable, and a new 50 billion plates will appear along with the opportunities brought by consumption upgrading, with the increase mainly due to the rapid growth of consumers' demand for convenient food.

That means the local food and beverage giant, which operates brands such as Jinmailang, Da Da Kitchen and Liangbaikai, expects the instant noodle market to reach 100 billion yuan in the future. But Fan Xianguo did not give an estimated time frame.

This may be partly due to an uptick in the instant noodle market in 2017.

Instant noodle giants including Tingyi, Uni-President and Jinmailang have all delivered decent results. In 2017, the revenue of Master Kong instant noodles division was 22,620.2 billion yuan, up 4.91% year on year; Revenue from Uni-President's instant noodle business fell 0.7 percent year-on-year to 8.163 billion yuan, but its profit hit a record high of 412 million yuan.

instant noodle production line

Fan Xiangguo said in an interview with the snack agency that Jin Lang's instant noodle business grew 20 percent last year, mainly due to innovation, including products such as "one side of a dish" and "knife cut noodles". Overall, higher volumes and higher prices both contributed to the 20 per cent annual increase. Among them, low-end products increased about 6 percent, medium and instant noodles both increased by more than 30 percent.

After three consecutive years of decline, the instant noodle industry as a whole finally began to show signs of recovery last year.

According to market research firm Nielsen, the overall instant noodle market grew slightly by 0.3 percent in 2017, while sales grew 3.6 percent. In fact, despite declining sales in previous years, the overall size of the market has remained relatively stable, driven by higher prices for individual items. "The market size of 50 billion yuan is relatively stable overall." Fan Xianguo said.

The competition is not difficult to understand, is the effect of substitution. But Fan Xiangguo believes that if the standardization of food and beverage can be achieved through instant noodles, to make what he calls "the future of meal instant noodles," that is, to achieve the quality of noodle shops, while saving rent and labor costs to achieve only a third of the price, there will be a watershed, the birth of a new market.

Instant noodle production line manufacturer: Instant noodle market will not be afraid of takeaway impact up to hundreds of billions of scale. If you want to know more about equipment configuration, site visit and other detailed information, please come to the factory at any time. Address: No. 18, Dongfang Road, Mazhai Industrial District, Zhengzhou, Henan Province. The manufacturer arranges a special bus, accompanied by a special person, so that you can enjoy the preferential treatment! https://www.noodlemachinery.com/