Food & Beverages
Middle East Ovine Market
| Label | Wheat | Rice | Maize | Soy | Multigrain | Others |
|---|---|---|---|---|---|---|
| 2018 | 3040.7 USD Mn | 161.1 USD Mn | 109.4 USD Mn | 25 USD Mn | 282.7 USD Mn | 419.2 USD Mn |
| 2019 | 3202.5 USD Mn | 169.8 USD Mn | 115.8 USD Mn | 26.4 USD Mn | 299 USD Mn | 442.9 USD Mn |
| 2020 | 3360.2 USD Mn | 178.3 USD Mn | 122 USD Mn | 27.7 USD Mn | 315.1 USD Mn | 466.2 USD Mn |
| 2021 | 3537.5 USD Mn | 188.1 USD Mn | 129.1 USD Mn | 29.2 USD Mn | 334.1 USD Mn | 492.2 USD Mn |
| 2022 | 3725.5 USD Mn | 198.5 USD Mn | 136.7 USD Mn | 30.8 USD Mn | 354.3 USD Mn | 519.8 USD Mn |
| 2023 | 3925.5 USD Mn | 209.5 USD Mn | 144.8 USD Mn | 32.4 USD Mn | 376 USD Mn | 549.3 USD Mn |
| 2024 | 4137.7 USD Mn | 221.2 USD Mn | 153.4 USD Mn | 34.2 USD Mn | 399.1 USD Mn | 580.6 USD Mn |
| 2025 | 4363.5 USD Mn | 233.7 USD Mn | 162.7 USD Mn | 36.1 USD Mn | 423.9 USD Mn | 613.9 USD Mn |
| 2026 | 4602.5 USD Mn | 247 USD Mn | 172.5 USD Mn | 38.1 USD Mn | 450.3 USD Mn | 649.3 USD Mn |
Data Source: Wantstats Repository
The demand for pasta in the Chinese market has been on the rise in recent years. This can be attributed to various factors, such as changing consumer preferences, increasing disposable income, and globalization. Pasta, which was once considered a foreign food, has now become a staple in many Chinese households.
One of the major drivers of the demand for pasta in China is changing consumer preferences. With the rise of urbanization and exposure to western cultures, Chinese consumers are becoming more open to trying new foods. Pasta, with its versatility and adaptability to different flavors, has gained popularity among Chinese consumers. Moreover, the increasing health consciousness among Chinese consumers has also led to the demand for healthier and more nutrient-rich food options, such as whole wheat and vegetable-based pasta.
Another factor contributing to the demand for pasta in China is the increase in disposable income. With the growing economy and rising middle class, more Chinese households are now able to afford higher-priced and imported goods. This has led to an increase in the consumption of imported pasta, particularly from Italy, which is renowned for its high-quality pasta.
Globalization has also played a significant role in boosting the demand for pasta in China. The proliferation of western fast-food chains and the popularity of Italian cuisine have familiarized Chinese consumers with pasta dishes. Moreover, the expansion of international food retail chains, such as Carrefour and Metro, have made a variety of pasta products more accessible to consumers, further driving the demand.
The demand for pasta in China is not limited to just traditional Italian varieties. Chinese manufacturers have also been exploring and experimenting with creating their own versions of pasta, using local ingredients and flavors. This has resulted in a wide range of Chinese-style pasta products, such as spicy Sichuan-style noodles and cold sesame noodles.
In conclusion, the demand for pasta in China shows no signs of slowing down. As consumers become more adventurous and health-conscious, and with increasing disposable income and globalization, the market for pasta in China is only expected to grow. This presents a significant opportunity for both domestic and international pasta manufacturers to tap into this lucrative market.
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I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
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China Pasta Market by Source
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