Pandemic and inflation boost new business opportunities. Uni-President (1216), which has just held its shareholders meeting, revealed that its sales of instant noodles have grown year after year. Last year, more than 18.93 million boxes of instant noodles were sold, with an output value of 5.46 billion yuan, a record high and an annual growth rate of over 8.67%. The sales volume of instant noodles in Taiwan alone exceeded 18.66 million boxes, with an output value of more than 4.89 billion yuan.
At present, Uni-President has a market share of more than 50% in Taiwan's instant noodles market. Its instant noodles sales are mainly domestic, and some products are exported to Hong Kong, Australia, South Korea, Japan, Malaysia and other photo retouching regions. The instant noodles sold in Taiwan are divided into daily noodles (instant noodles), leisure noodles (dry noodles), noodles, fresh noodles and meat-dried flavor sauces according to product lines. The main brands are Uniform Noodles, Manhan Dinner, Laiyike, Scientific Noodles, Ah Q Barrel Noodles, Uniform Crispy Noodles, Ramen Dao, Hao Jin Dao Noodles, Uniform Mixed Rice Noodles, Dabu Tie, etc.
According to a unified analysis, the Taiwanese instant noodle market has seen a significant increase in public demand during the epidemic prevention period due to the characteristics of the product itself, which is easy to store and convenient for cooking, driving the growth of the overall market. Taking the data of supermarket retail channels as an example, more than 40% of UPC's instant noodle products are sold through supermarkets. In addition, with the change of lifestyle, the demand for food outside is increasing, and UPC has entered the business noodle market.