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China's instant noodles market recovered significantly, and the sales volume of instant noodles rose

China's instant noodles market recovered significantly, and the sales volume of instant noodles rose to 40.25 billion bags in 2018

From 2000 to 2011, China's instant noodle market grew rapidly, from 17.8 billion packages to 42.47 billion packages. However, since 2011, the market has entered a weak trend. From 2013 to 2016, the annual sales volume of instant noodles fell sharply from 46.22 billion packages to 38.52 billion packages, equivalent to returning to the sales level in 2010.

At that time, the market was pessimistic and thought that the cold winter of instant noodles was coming. However, since 2017, the domestic instant noodle market has shown signs of recovery, and the sales volume has slowly climbed to 38.96 billion packages. In 2018, it climbed again to 40.25 billion packages.