Noodles market is worth Tk 1,000 crore in Bangladesh1 min read
Rapid growth in urbanization has propelled the growth of noodles market in Bangladesh. The market size of noodles is worth around Tk 1,000 crore with about 10% annual growth rate. The growth rose to 16% during pandemic due to staying home.
The total annual demand for noodles is 27,000 tonne and Instant noodle demand makes up about 60% of the total demand. Maggi, Mr. Noodles & Cocola are the top 3 noodle brands in Bangladesh with 30%, 22% & 20% market share respectively.
The export market for noodles also grew by 25% in FY 2020-21.