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 Chad is currently experiencing minimal growth, influenced by factors such as low consumer awareness and limited access to digital technologies. Despite this, the convenience of online services and increasing health consciousness may drive future growth.
Customer preferences: Consumers in the Pasta Market of the Bread & Cereal Products Market within The Food market are gravitating towards healthier and more convenient options, reflecting a greater focus on wellness and nutrition. This has led to an increase in demand for gluten-free and plant-based pasta alternatives, as well as ready-to-eat and pre-packaged pasta meals. As more people embrace vegetarian and vegan diets, there has also been a rise in the popularity of pasta made from alternative grains such as quinoa, buckwheat, and lentils. This trend reflects a growing awareness of the impact of food choices on personal health and the environment.
Trends in the market: In Chad, the Pasta Market of the Bread & Cereal Products Market within The Food market is experiencing an increase in demand for healthier options, such as whole grain and gluten-free pasta. This trend is driven by a growing awareness of the health benefits of these products and a shift towards healthier eating habits. In addition, there is a rise in online grocery shopping, providing a convenient platform for consumers to access a variety of pasta products. These trends have significant implications for industry stakeholders, as they may need to adapt their product offerings and marketing strategies to cater to this changing consumer behavior. They may also need to invest in e-commerce capabilities to remain competitive in the market.
Local special circumstances: In Chad, the Pasta Market is influenced by the country's high import dependence for wheat, a key ingredient in pasta production. This is due to the limited production of wheat within the country, making it vulnerable to fluctuations in international prices. Additionally, cultural preferences for rice as a staple food and limited accessibility to refrigeration also contribute to the relatively smaller market size for pasta in Chad. These factors make it challenging for pasta producers to enter and compete in the market, creating a unique dynamic compared to other markets.
Underlying macroeconomic factors: The Pasta Market of the Bread & Cereal Products Market within The Food market in Chad is primarily influenced by macroeconomic factors such as global economic trends, national economic health, and fiscal policies. The country's overall economic stability and growth potential play a crucial role in determining the performance of the pasta market. Moreover, government initiatives to promote domestic production and consumption of food products also impact the market. Additionally, factors such as population growth, changing consumer preferences, and increasing disposable incomes also contribute to the demand for pasta products in Chad.
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