Definition:
The Pasta market covers all types of food made from a mixture of flour and water that is formed into various shapes. This market covers fresh and dried pasta and noodles made from cereals that are usually used as part of a main meal.
Additional Information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram), sales channels. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption; out-of-home consumption is not included.
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Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Nov 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
The Pasta market in Brunei Darussalam has seen minimal growth due to factors such as low consumer awareness, limited availability of online services, and traditional food preferences. This has hindered the market's growth rate, despite the overall growth of The Food market in the region.
Customer preferences: The Pasta Market in Brunei Darussalam has seen a rise in demand for healthier options, such as whole grain and gluten-free alternatives, reflecting a growing awareness of health and wellness among consumers. This trend is also influenced by the country's predominantly Muslim population, who adhere to halal dietary restrictions. Additionally, there has been a rise in demand for convenient and ready-to-eat pasta products, catering to busy lifestyles and changing eating habits.
Trends in the market: In Brunei Darussalam, the Pasta Market within the Bread & Cereal Products Market is experiencing a surge in demand for healthier and more diverse options. This trend is driven by a growing health-conscious population and increased awareness of the benefits of whole grain and gluten-free pasta. As a result, companies are expanding their product offerings to cater to these preferences. Furthermore, there is a shift towards online purchasing of pasta, with consumers preferring the convenience and variety offered by e-commerce platforms. As this trend continues, industry stakeholders should consider investing in digital marketing strategies and partnerships with online retailers to capitalize on the growing demand for healthier pasta options.
Local special circumstances: In Brunei Darussalam, the Pasta Market of the Bread & Cereal Products Market within The Food market is heavily influenced by the country's Islamic culture and Halal dietary guidelines. This has led to a demand for Halal-certified pasta products, as well as a preference for traditional pasta dishes using local ingredients. Additionally, the country's small population and limited land for agricultural production have resulted in a reliance on imported pasta products, making price and quality control important factors in the market. Furthermore, the government's efforts to promote healthy eating habits have led to a growing interest in whole wheat and gluten-free pasta options among health-conscious consumers.
Underlying macroeconomic factors: The Pasta Market of the Bread & Cereal Products Market within The Food market in Brunei Darussalam is influenced by various macroeconomic factors. The country's stable economic growth, favorable regulatory environment, and increasing investment in healthcare infrastructure are key drivers of market growth. Additionally, with the rising prevalence of chronic diseases and an aging population, there is a growing demand for pasta products that offer convenience, nutritional value, and affordability. Global trends such as the increasing popularity of plant-based diets and the rise of e-commerce are also impacting the market. These factors, along with changing consumer preferences and purchasing power, will continue to shape the Pasta Market in Brunei Darussalam.
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.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights