Pasta - Seychelles

Seychelles

Highlights

Revenue in the Pasta market amounts to US$4.12m in 2024. The market is expected to grow annually by 13.88% (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$38.01 are generated in 2024.
In the Pasta market, volume is expected to amount to 4.54m kg by 2029. The Pasta market is expected to show a volume growth of 22.4% in 2025.0.
The average volume per person in the Pasta market is expected to amount to 23.9kg in 2024.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureMethodology

The Pasta Market in Seychelles is experiencing mild growth due to factors such as increasing consumer awareness and the convenience of online services. The Bread & Cereal Products Market in The Food market is also contributing to this growth, driven by the adoption of digital technologies.

Customer preferences: As Seychelles continues to attract international tourists, the demand for authentic and regional cuisine is on the rise. This has led to an increase in demand for pasta dishes that incorporate local ingredients and flavors, such as seafood and coconut-based sauces. Additionally, as consumers become more health-conscious, there is a growing preference for whole grain and gluten-free pasta options, driving the market towards healthier alternatives. This trend is also influenced by the rise of vegan and vegetarian diets, with more pasta dishes incorporating plant-based proteins and vegetables.

Trends in the market: In Seychelles, the Pasta Market within the Bread & Cereal Products Market has seen a surge in demand for healthier options, such as whole grain and gluten-free pasta, as consumers become more health-conscious. This trend is expected to continue, with a growing focus on plant-based and organic pasta. These changes in consumer preferences present opportunities for industry stakeholders to innovate and diversify their product offerings. Additionally, the increasing popularity of online grocery shopping and meal delivery services in Seychelles could provide a new avenue for pasta market growth.

Local special circumstances: In Seychelles, the Pasta Market of the Bread & Cereal Products Market within The Food market is heavily influenced by the country's geographical location as an island nation. This makes it challenging to import certain types of pasta and grains, leading to a smaller variety of products available. Additionally, the country's multicultural population favors certain types of pasta, such as spaghetti, over others. This has led to a unique market dynamic where local producers cater to the specific preferences of the population. Furthermore, regulations on food imports and distribution also play a significant role in shaping the Pasta Market in Seychelles.

Underlying macroeconomic factors: The Pasta Market of the Bread & Cereal Products Market within The Food market in Seychelles is influenced by macroeconomic factors such as consumer spending patterns, trade policies, and government regulations. The country's high tourism activity and strong economic growth have led to an increase in consumer spending, driving demand for convenient and affordable food options like pasta. Additionally, favorable trade policies and government support for the agricultural sector have boosted the production and export of wheat, a key ingredient in pasta. However, the market is also impacted by global economic trends such as fluctuating commodity prices and currency exchange rates, which can affect the cost of raw materials and ultimately impact market performance.

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.