Asia Pacific Instant Noodles Market Forecast (2016-2023)

Year CHINA INDIA JAPAN REST OF ASIA PACIFIC AUSTRALIA AND NEW ZEALAND
2016 $ 9608.16 $ 1185.02 $ 2653.61 $ 8592.06 $ 151.48
2017 $ 9879.52 $ 1223.7 $ 2732.56 $ 8839.75 $ 154.4
2018 $ 10164.48 $ 1264.39 $ 2815.5 $ 9099.85 $ 157.46
2019 $ 10443.79 $ 1313.44 $ 2915.76 $ 9384.19 $ 161.28
2020 $ 10738.08 $ 1365.32 $ 3021.64 $ 9683.73 $ 165.31
2021 $ 11047.09 $ 1420.07 $ 3133.19 $ 9998.39 $ 169.54
2022 $ 11369.41 $ 1477.6 $ 3250.13 $ 10326.99 $ 173.94
2023 $ 11703.4 $ 1537.75 $ 3372.07 $ 10668.17 $ 178.49
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Asia Pacific Instant Noodles Market Forecast (2016-2023)

Synopsis
The above chart is Global Instant Noodles market [2016-2023] by Asia Pacific

Market Dynamics

China accounted for the largest market share in 2017 in the asia pacific instant noodles market, and is expected to reach usd 11703.40 million in 2023 from usd 9879.52 million in 2017. however, india is the fastest growing market, which is expected to grow at a cagr of 3.99% during the forecast period 2018 - 2023. packet segment accounted for the larger market share in 2017, this market is expected to reach usd 17643.00 million in 2023 from usd 14790.43 million in 2017. this market is projected to grow at a cagr of 3.00% during the forecast period from 2018 - 2023. however, cup/bowl segment is the fastest growing market, which is expected to grow at a cagr of 3.47% during the forecast period 2018 - 2023. store based segment accounted for the larger market share in 2017, this market is expected to reach usd 19959.94 million in 2023 from usd 16817.55 million in 2017. this market is projected to grow at a cagr of 2.90% during the forecast period from 2018 - 2023. however, non store based segment is the fastest growing market, which is expected to grow at a cagr of 3.87% during the forecast period 2018 - 2023. single pack segment accounted for the largest market share in 2017, this market is expected to reach usd 15743.54 million in 2023 from usd 13064.70 million in 2017. this market is projected to grow at a cagr of 3.20% during the forecast period from 2018 - 2023. however, four pack segment is the fastest growing market, which is expected to grow at a cagr of 3.54% during the forecast period 2018 - 2023.

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