Samyang Foods Co Ltd
KRX:003230
Samyang Foods Co Ltd
Revenue
Samyang Foods Co Ltd
Revenue Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
| Company | Revenue | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
|---|---|---|---|---|---|---|
|
S
|
Samyang Foods Co Ltd
KRX:003230
|
Revenue
₩1.7T
|
CAGR 3-Years
39%
|
CAGR 5-Years
26%
|
CAGR 10-Years
19%
|
|
|
CJ CheilJedang Corp
KRX:097950
|
Revenue
₩29.4T
|
CAGR 3-Years
4%
|
CAGR 5-Years
6%
|
CAGR 10-Years
10%
|
|
|
Ottogi Corp
KRX:007310
|
Revenue
₩3.5T
|
CAGR 3-Years
9%
|
CAGR 5-Years
8%
|
CAGR 10-Years
7%
|
|
|
Dongwon Industries Co Ltd
KRX:006040
|
Revenue
₩8.9T
|
CAGR 3-Years
6%
|
CAGR 5-Years
27%
|
CAGR 10-Years
21%
|
|
|
Orion Corp
KRX:271560
|
Revenue
₩3.1T
|
CAGR 3-Years
10%
|
CAGR 5-Years
9%
|
CAGR 10-Years
N/A
|
|
|
Nongshim Co Ltd
KRX:004370
|
Revenue
₩3.4T
|
CAGR 3-Years
9%
|
CAGR 5-Years
8%
|
CAGR 10-Years
5%
|
|
Samyang Foods Co Ltd
Glance View
In the bustling landscape of South Korea's food industry, Samyang Foods Co., Ltd. stands as a testament to innovative culinary prowess and entrepreneurial vision. Founded in 1961 by visionary Jeon Joong Yoon, Samyang Foods played a pivotal role in the modernization of Korean cuisine through its introduction of the first Korean instant noodles. These noodles, quickly embraced by consumers, not only satisfied immediate hunger pangs but also offered an affordable and convenient meal solution. Over the decades, Samyang has expanded its culinary offerings, leveraging its R&D strengths to introduce an array of packaged snacks and condiments that resonate with both domestic tastes and international palates. The company draws a significant portion of its revenue from its renowned flagship product, Ramyeon, a type of instant noodles. As globalization intertwined with culinary curiosity, Samyang deftly navigated the expanding global market, gaining a foothold by exporting its spicy noodle varieties that captivated overseas consumers with their intense flavors. This strategic move, especially the viral sensation generated by their 'Buldak Bokkeum Myeon' or "Hot Chicken Flavor Ramen," has significantly bolstered Samyang's profits. By embracing the power of digital marketing and social media platforms, the company has effectively engaged younger consumers worldwide, consequently enhancing its brand presence and driving revenue upward in an ever-evolving global market.
See Also
What is Samyang Foods Co Ltd's Revenue?
Revenue
1.7T
KRW
Based on the financial report for Dec 31, 2024, Samyang Foods Co Ltd's Revenue amounts to 1.7T KRW.
What is Samyang Foods Co Ltd's Revenue growth rate?
Revenue CAGR 10Y
19%
Over the last year, the Revenue growth was 45%. The average annual Revenue growth rates for Samyang Foods Co Ltd have been 39% over the past three years , 26% over the past five years , and 19% over the past ten years .
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