Pasta - Angola | Statista Market Forecast

Pasta - Angola

Angola

Highlights

Revenue in the Pasta market amounts to US$176.60m in 2024. The market is expected to grow annually by 12.94% (CAGR 2024-2029).
In global comparison, most revenue is generated China (US$28bn in 2024).
In relation to total population figures, per person revenues of US$4.67 are generated in 2024.
In the Pasta market, volume is expected to amount to 137.80m kg by 2029. The Pasta market is expected to show a volume growth of 12.0% in 2025.0.
The average volume per person in the Pasta market is expected to amount to 2.7kg in 2024.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureMethodology

The Pasta Market in Angola is seeing a moderate growth rate, influenced by factors such as consumers' growing preference for convenient food options and increasing awareness about health and nutrition. This trend is expected to continue as the Bread & Cereal Products Market gains traction in the overall Food Market in the region.

Customer preferences: As the economy in Angola continues to grow, consumers are becoming more health-conscious and seeking out healthier food options. This trend has led to a rise in demand for pasta made from alternative grains such as quinoa, buckwheat, and chickpea flour. Additionally, there has been an increase in demand for gluten-free and vegan pasta options, reflecting a shift towards more plant-based diets. This trend is driven by a growing awareness of the health benefits of these ingredients and a desire for sustainable and ethically-sourced products.

Trends in the market: In Angola, the Pasta Market of the Bread & Cereal Products Market within The Food market is experiencing a shift towards healthier options, with an increase in demand for whole wheat and gluten-free options. Additionally, there is a rise in the consumption of pasta as a quick and convenient meal option, driving the market growth. These trends are significant as they reflect changing consumer preferences and a growing awareness of health and wellness. Industry stakeholders must adapt to these trends by expanding their product offerings and marketing strategies to target health-conscious consumers. Failure to do so may result in losing market share to competitors.

Local special circumstances: In Angola, the Pasta Market of the Bread & Cereal Products Market within The Food market is influenced by the country's unique geographical location and cultural preferences. Due to its coastal location, seafood is a popular ingredient in pasta dishes, leading to a higher demand for seafood-based pasta products. Additionally, the country's diverse cultural influences, including Portuguese and Brazilian cuisine, have led to a fusion of flavors in the pasta market. Furthermore, certain regulations on food imports have also impacted the availability and variety of pasta products in the market.

Underlying macroeconomic factors: The performance of the Pasta Market of the Bread & Cereal Products Market within The Food market is heavily influenced by macroeconomic factors such as consumer spending patterns, trade policies, and government regulations. The stability of a country's economy, as well as its ability to attract foreign investment, can greatly impact the growth and profitability of the market. Additionally, changes in global commodity prices, inflation rates, and currency exchange rates can also affect the demand and supply of pasta products in Angola. Furthermore, initiatives promoting healthy and sustainable eating habits, as well as shifting dietary preferences, can also influence the overall market growth in the country.

Data coverage:

The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).

Modeling approach:

Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.