This is Korea’s best-selling instant noodles in 2023

Summary

In 2023, Shin Ramyun emerged as South Korea's best-selling instant noodles, with Nongshim's other products like Chapagetti and Jin Ramen following closely, and the popularity of Korean snacks and beverages continuing to rise globally.

Abstract

Shin Ramyun, a product of Nongshim, has secured the top spot as South Korea's most popular instant noodles in 2023, amassing sales of 383.6 billion won. This success is part of a broader trend where Korean instant noodles, or ramyeon, are experiencing increased international demand, with exports reaching 1 trillion KRW. Other Nongshim products, such as Chapagetti and Jin Ramen, also performed well, along with Buldak Ramen, known for its spicy chicken flavor. In the snack category, Nongshim's Saeukkang led with significant sales, while Orion's Pocachip and Pringles were the top-selling biscuits. The chocolate market favored Lotte Confectionery's Pepero, and World Cone was the ice cream of choice. In the beverage sector, Oriental Brewery's Cass beer and HiteJinro's Chamisul soju were the frontrunners in sales.

Opinions

The data suggests a strong preference for Nongshim's instant noodle products among South Korean consumers.
The K-culture craze is likely a contributing factor to the surge in Korean ramen exports and the popularity of Korean snacks and beverages internationally.
The sales figures indicate a robust market for Korean food and beverage products, with specific items like Shin Ramyun and Chamisul soju enjoying significant consumer loyalty.
The success of Korean instant noodles and snacks reflects a global trend of increasing interest in Korean cuisine and culture.

This is Korea’s best-selling instant noodles in 2023

In 2023, the title of South Korea’s most popular instant noodles went to Shin Ramyun, as revealed by recent data.

This product, offered by Nongshim in both package and cup noodle variants, racked up a staggering 383.6 billion won (US$287.8 million) in retail sales, according to statistics compiled by the Korea Agro-Fisheries & Food Trade Corp.

Other best-sellers trailing behind Shin Ramyun included Nongshim’s Chapagetti, garnering 213.1 billion won in sales, and Jin Ramen with 209.2 billion won.

Buldak Ramen, famously known for its hot chicken flavor, also held its own with 147.2 billion won.

For snacks, Nongshim’s Saeukkang reigned supreme, boasting annual sales of 135.9 billion won.

Orion’s Pocachip and Pringles rounded out the top three with 116.4 billion won and 98.5 billion won respectively.

The biscuit category saw Haitai’s Homerun Ball topping the charts with 86.5 billion won in sales, beating out competitors like Ace crackers, Oreo cookies, and Margaret cookies.

When it comes to chocolates, Lotte Confectionery’s Pepero was the crowd favorite, with 118.5 billion won in sales.

World Cone also emerged as the preferred ice cream, achieving 71 billion won in sales.

As for the beer market, Oriental Brewery’s Cass led the pack with an impressive 1.5 trillion won in annual sales, outpacing Terra and FiLite.

In the soju segment, HiteJinro’s Chamisul was the frontrunner with 1.1 trillion won in annual sales, followed by Chum Churum and Jinro.

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