Top 10 Noodles Producers in India
India is one of the largest consumers of noodles in the world, with a diverse range of noodle brands catering to the tastes of the Indian population. In recent years, the demand for instant noodles has surged, driven by factors such as convenience, affordability, and changing consumer preferences. This report will highlight the top 10 noodles producers in India, based on their market share, revenue, and brand recognition.
Nestle India
Nestle India is one of the leading noodles producers in India, known for its popular brand Maggi. Maggi has been a household name in India for several decades and is synonymous with instant noodles. Nestle India has a strong distribution network and a wide range of noodle variants, making it a favorite among consumers across all age groups.
In terms of financials, Nestle India reported a revenue of INR 12,295 crore in the fiscal year 2020-21, with a significant contribution from its noodles segment. The company continues to invest in product innovation and marketing to maintain its market leadership in the noodles category.
ITC Limited
ITC Limited is another major player in the Indian noodles market, with its brand Yippee! gaining popularity among consumers. ITC has focused on offering a range of flavors and packaging options to cater to diverse consumer preferences. The company has a strong presence in both urban and rural markets, making it a formidable competitor in the noodles segment.
ITC Limited reported a revenue of INR 46,673 crore in the fiscal year 2020-21, with its foods business, including noodles, contributing significantly to its overall revenue. The company’s focus on quality and innovation has helped it maintain a competitive edge in the market.
Hindustan Unilever Limited (HUL)
HUL, a subsidiary of Unilever, is a key player in the noodles market in India, with its brand Knorr being well-known among consumers. Knorr offers a range of noodles products, including instant noodles and pasta, catering to different taste preferences. HUL’s strong distribution network and brand reputation have helped it capture a significant market share in the noodles segment.
In terms of financial performance, HUL reported a revenue of INR 45,311 crore in the fiscal year 2020-21, with its foods and refreshments segment, including noodles, contributing to its overall revenue. The company’s focus on sustainability and product quality has resonated well with consumers, driving its growth in the noodles category.
CG Foods India Pvt. Ltd.
CG Foods India Pvt. Ltd., a subsidiary of the Chaudhary Group based in Nepal, is a prominent player in the noodles market in India, with its brand Wai Wai gaining popularity among consumers. Wai Wai offers a range of instant noodles and noodle snacks, catering to the snacking needs of consumers. The company has a strong presence in both urban and rural markets, making it a preferred choice among consumers.
CG Foods India Pvt. Ltd. has been steadily growing its market share in the noodles segment and reported a revenue of INR 1,200 crore in the fiscal year 2020-21. The company’s focus on product innovation and marketing has helped it establish a strong foothold in the Indian noodles market.
Capital Foods Pvt. Ltd.
Capital Foods Pvt. Ltd. is a leading noodles producer in India, known for its brand Ching’s Secret. Ching’s Secret offers a range of instant noodles and noodle sauces, catering to the taste preferences of Indian consumers. The company has a strong presence in the urban markets and has been expanding its reach in the rural markets as well.
In terms of financial performance, Capital Foods Pvt. Ltd. reported a revenue of INR 500 crore in the fiscal year 2020-21, with its noodles segment contributing significantly to its overall revenue. The company’s focus on product quality and innovation has helped it maintain a loyal customer base in the noodles category.
AAKASH GLOBAL FOODS PVT. LTD.
Aakash Global Foods Pvt. Ltd. is a prominent player in the noodles market in India, with its brand Top Ramen being a popular choice among consumers. Top Ramen offers a range of instant noodles and noodle soups, catering to the diverse taste preferences of consumers. The company has a strong distribution network and a wide range of products, making it a preferred choice among consumers.
Aakash Global Foods Pvt. Ltd. reported a revenue of INR 800 crore in the fiscal year 2020-21, with its noodles segment contributing significantly to its overall revenue. The company’s focus on product quality and affordability has helped it maintain a competitive edge in the noodles category.
Gits Food Products Pvt. Ltd.
Gits Food Products Pvt. Ltd. is a well-known noodles producer in India, with its brand Gits Instant Noodles gaining popularity among consumers. Gits offers a range of instant noodles and noodle mixes, catering to the convenience needs of consumers. The company has a strong presence in the urban markets and has been expanding its reach in the rural markets as well.
In terms of financial performance, Gits Food Products Pvt. Ltd. reported a revenue of INR 300 crore in the fiscal year 2020-21, with its noodles segment contributing significantly to its overall revenue. The company’s focus on product innovation and quality has helped it maintain a loyal customer base in the noodles category.
AASTHA AGRO INDIA PVT. LTD.
Aastha Agro India Pvt. Ltd. is a growing player in the noodles market in India, with its brand Aastha Noodles gaining traction among consumers. Aastha Noodles offers a range of instant noodles and noodle snacks, catering to the taste preferences of consumers. The company has been focusing on expanding its distribution network and product range to capture a larger market share.
Aastha Agro India Pvt. Ltd. reported a revenue of INR 100 crore in the fiscal year 2020-21, with its noodles segment showing promising growth. The company’s commitment to quality and affordability has helped it establish a foothold in the Indian noodles market.
Marico Limited
Marico Limited is a diversified consumer goods company in India, with its brand Saffola Masala Oats offering a unique twist to the traditional noodles segment. Saffola Masala Oats provides a healthier alternative to instant noodles, catering to health-conscious consumers. The company has been focusing on product innovation and marketing to position itself as a premium player in the noodles category.
In terms of financial performance, Marico Limited reported a revenue of INR 7,500 crore in the fiscal year 2020-21, with its foods business, including Saffola Masala Oats, contributing significantly to its overall revenue. The company’s focus on health and wellness has helped it capture a niche market in the noodles segment.
Future Consumer Limited
Future Consumer Limited is a subsidiary of Future Group, a leading retail conglomerate in India, with its brand Kosh offering a range of instant noodles and noodle soups. Kosh has gained popularity among consumers for its unique flavors and packaging options. The company has a strong presence in the modern retail sector, making its products easily accessible to consumers.
Future Consumer Limited reported a revenue of INR 2,000 crore in the fiscal year 2020-21, with its noodles segment contributing significantly to its overall revenue. The company’s focus on product innovation and marketing has helped it establish a strong position in the Indian noodles market.
In conclusion, the Indian noodles market is highly competitive, with several established players vying for market share. The top 10 noodles producers in India highlighted in this report have demonstrated strong growth, innovation, and brand recognition in the segment. With the increasing demand for instant noodles and changing consumer preferences, these companies are well-positioned to capitalize on the growing market opportunities in India.