Indonesia’s giant instant-noodle maker Indofood Sukses Makmur expects sales to grow by 10 to 15% this year from Rupiah 16.5trn (US$2bn) last year.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

With 11 brands of instant noodles, the company has an 88% share of the Indonesian instant noodle market. The move to expand further was announced by the company president Eva Riyanti Hutapea on Thursday following a shareholders meeting. It is part of a drive to increase the number of small-scale food outlets in rural areas. These are based in small towns and villages and mostly stock Indofood products.

The company reported an 8% increase in 2002 net profit to Rupiah 802.6bn, up from Rupiah 746.3bn in 2001.

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now