Pro
Food & Beverage
Australia & New Zealand Dried Fruits MARKET By Application
| Label | Asia Pacific | China | India | Japan | Rest of Asia Pacific | Australia and New Zealand |
|---|---|---|---|---|---|---|
| 2016 | 22190.32 USD Mn | 9608.16 USD Mn | 1185.015902 USD Mn | 2653.605 USD Mn | 8592.059095 USD Mn | 151.48 USD Mn |
| 2017 | 22829.92897 USD Mn | 9879.522325 USD Mn | 1223.702944 USD Mn | 2732.557599 USD Mn | 8839.749468 USD Mn | 154.3966337 USD Mn |
| 2018 | 23501.68149 USD Mn | 10164.47725 USD Mn | 1264.390464 USD Mn | 2815.501443 USD Mn | 9099.851074 USD Mn | 157.461266 USD Mn |
| 2019 | 24218.46453 USD Mn | 10443.79127 USD Mn | 1313.439373 USD Mn | 2915.759725 USD Mn | 9384.190961 USD Mn | 161.2831951 USD Mn |
| 2020 | 24974.08486 USD Mn | 10738.07983 USD Mn | 1365.31908 USD Mn | 3021.642085 USD Mn | 9683.733607 USD Mn | 165.3102594 USD Mn |
| 2021 | 25768.28551 USD Mn | 11047.09365 USD Mn | 1420.074896 USD Mn | 3133.193891 USD Mn | 9998.386475 USD Mn | 169.5365959 USD Mn |
| 2022 | 26598.06385 USD Mn | 11369.41196 USD Mn | 1477.600063 USD Mn | 3250.125127 USD Mn | 10326.98822 USD Mn | 173.9384798 USD Mn |
| 2023 | 27459.88917 USD Mn | 11703.40477 USD Mn | 1537.753794 USD Mn | 3372.074391 USD Mn | 10668.16694 USD Mn | 178.4892796 USD Mn |
Data Source: Wantstats Repository
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.
Research Methodology
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.
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