Vietnam is now world’s third largest instant noodles market

[ASEAN NOW News]

 

A person holds a pack of instant noodles in a supermarket in Ho Chi Minh City on July 3, 2020. Photo by VnExpress/Quynh Tran

 

Vietnam has become the world's third largest instant noodles market with over 7.03 billion servings consumed last year, up two places from a year before.

 

According to Vietnam Express, this is an increase of 29 percent from 2019 and a new record for the country, according to data from the World Instant Noodles Association (WINA).

 

The latest figure means that Vietnam accounted for around 6 percent of instant noodles servings in the world. Each Vietnamese consumed 55.6 servings last year.

 

The country ran behind China and Indonesia with 46.35 billion and 12.64 billion servings, respectively.

 

India and Japan make up the top five instant noodles consumers in the world.

 

The surge in instant noodles consumption in Vietnam has happened as the country dealt with two major Covid-19 outbreaks last year, forcing people to stay at home under social distancing orders.

 

Global consumption of instant noodles rose nearly 10 percent in 2020 to 116.56 billion servings, WINA data shows.