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
In the Bread & Cereal Products Market, the Pasta Market in Cameroon has seen minimal growth due to factors such as low consumer awareness and limited access to digital technologies. However, the convenience of online services and increasing health consciousness are expected to drive growth in the future.
Customer preferences: With the rise in health consciousness and the growing trend of plant-based diets, the demand for alternative pasta options such as gluten-free, vegetable-based, and vegan pasta has significantly increased in Cameroon. This shift is fueled by the country's diverse cultural background and the increasing number of individuals looking for healthier food options. Additionally, the convenience and versatility of pasta continue to appeal to busy consumers, who are drawn to its quick and easy preparation. As a result, there has been a steady growth in the pasta market, with a notable increase in the consumption of locally produced pasta in recent years.
Trends in the market: In Cameroon, the Pasta Market within the Bread & Cereal Products Market is experiencing a rise in demand for healthier alternatives, as consumers become more health-conscious. This trend is also evident in the global Pasta Market, with an increasing focus on whole wheat and gluten-free options. Additionally, there is a growing trend of incorporating traditional African flavors and ingredients into pasta products. This trajectory highlights the need for industry stakeholders to innovate and adapt to changing consumer preferences, as well as explore opportunities for collaboration with local producers.
Local special circumstances: In Cameroon, the Pasta market is heavily influenced by the country's diverse cultural background. The traditional cuisine of Cameroon incorporates a variety of different pastas, leading to a high demand for these products in the market. Additionally, the country's proximity to neighboring countries with similar preferences for pasta dishes has also contributed to the growth of this market. However, strict regulations on the import and sale of foreign food products have created challenges for international pasta brands looking to enter the market. This has resulted in a strong preference for locally-produced pasta brands, making it a highly competitive market.
Underlying macroeconomic factors: The Pasta Market of the Bread & Cereal Products Market within The Food market in Cameroon is heavily influenced by macroeconomic factors such as global economic trends, national economic health, fiscal policies, and other relevant financial indicators. Cameroon's economy has been growing steadily in recent years, with a strong focus on agriculture and food production. This has contributed to the growth of the Pasta Market, as demand for convenient and affordable food options has increased. Additionally, government initiatives to promote local food production and reduce reliance on imports have also positively impacted the Pasta Market. However, challenges such as inflation, currency fluctuations, and political instability can also have a significant impact on the market's performance. Therefore, it is crucial for businesses operating in the Pasta Market in Cameroon to closely monitor and adapt to these macroeconomic factors to ensure sustained growth and success.
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