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.
For more information on the displayed data, click the info button on the right side of each box.
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 the CIS region is experiencing subdued growth due to various factors such as increasing competition, changing consumer preferences, and fluctuating raw material prices. Despite these challenges, the convenience and popularity of pasta products continue to drive the market's growth within the larger Bread & Cereal Products market in the Food industry.
Customer preferences: The Pasta Market within the Bread & Cereal Products Market is experiencing a shift towards healthier options, as consumers become more health-conscious and seek out plant-based and gluten-free options. This trend is also driven by the growing demand for sustainable and eco-friendly food choices. Additionally, there is a rising preference for convenience and time-saving products, leading to an increase in the sales of ready-to-eat and instant pasta products. These changing consumer preferences are also reflected in the growing popularity of pasta dishes from different cuisines, highlighting the cultural diversity and evolving palates of consumers.
Trends in the market: In the CIS, the Pasta Market of the Bread & Cereal Products Market within The Food market is seeing an increasing demand for healthier and more diverse pasta options, such as whole wheat and gluten-free varieties. This trend is driven by consumers' growing interest in health and wellness, as well as the rise of vegetarian and plant-based diets. Additionally, there is a shift towards convenient and ready-to-eat pasta meals, catering to busy lifestyles. These trends are expected to continue, with potential implications for industry stakeholders such as manufacturers, retailers, and restaurants, who may need to adjust their product offerings and marketing strategies to meet these changing consumer preferences.
Local special circumstances: In the CIS region, the Pasta Market of the Bread & Cereal Products Market within The Food market is greatly influenced by the rich cultural heritage and traditions of pasta consumption. This has resulted in a wide variety of pasta shapes and flavors that cater to local tastes. Additionally, the regulatory environment in this region can also impact the market, with stricter regulations on ingredient sourcing and labeling being a key factor in consumer preferences. These local factors contribute to the uniqueness of the Pasta Market in the CIS region, setting it apart from other markets in terms of product offerings and consumer behavior.
Underlying macroeconomic factors: The Pasta Market within the Bread & Cereal Products Market of The Food market is impacted by macroeconomic factors such as economic stability, consumer purchasing power, and trade policies. Countries with a stable economy and rising disposable incomes are likely to experience higher demand for pasta products. Additionally, favorable trade policies and agreements can contribute to the growth of the pasta market, allowing for easier access to international markets and increasing competition. However, economic downturns and trade conflicts can negatively affect consumer spending and disrupt supply chains, which can have a significant impact on the performance of the pasta market.
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