Instant Noodles Market in India (2018-2023)
Market Reports on India Provides the Trending Market Research Report on “ Instant Noodles Market in India (2018-2023) ” under Food & Beverage category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports. Market insights: According to the World Instant Noodles Association, India is the fourth-largest Instant Noodles Market , globally, and accounted for 5.4 Bn servings in 2017. Consistent growth, and an ever-growing consumer acceptance have made this market a lucrative option for various players. The instant noodles market in India was valued at INR 93.66 Bn in 2017, and is expected to expand at a compound annual growth rate (CAGR) of ~5.6% during 2018-2023. Among the various companies operating in the market, Nestle enjoys the highest market share (~60%), followed by ITC. Owing to its high rate of market penetration, Nestle could retain its popularity even after the ban on the marketing and sales of M...