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Lun - Ven, 9:00 - 18:00 h (EST)
Lun - Ven, 9:00 - 18:00 h (EST)
Lun - Ven, 9:00 - 17:00 h (SGT)
Lun - Ven, 10:00 - 18:00 h (JST)
Lun - Ven, 9:00 - 18:00 h (GMT)
Lun - Ven, 9:00 - 18:00 h (EST)
Key regions: India, South Korea, United Kingdom, United States, Spain
The Pasta Market in Russia is experiencing minimal growth due to factors such as low consumer awareness, limited availability of digital technologies and lack of convenience in online services. The Bread & Cereal Products Market, within the overall Food Market, is also impacted by slow growth in the country.
Customer preferences: As the health and wellness trend continues to gain momentum in Russia, consumers are increasingly gravitating towards healthier and more nutritious food options. This has led to a growing demand for pasta made from alternative grains such as quinoa and lentils, as well as gluten-free and organic varieties. Additionally, there has been a rise in demand for plant-based protein sources, with more consumers opting for vegetarian and vegan pasta options. This shift towards healthier and more sustainable food choices is driven by a growing awareness of the impact of diet on overall health and well-being.
Trends in the market: In Russia, the Pasta Market of the Bread & Cereal Products Market within The Food market is experiencing a shift towards healthier and more diverse options. This trend is driven by increasing consumer awareness of the importance of a balanced diet and the availability of alternative ingredients such as whole wheat, quinoa, and lentils. As a result, there has been a rise in the demand for organic and gluten-free pasta products. This trend is expected to continue, with manufacturers focusing on innovation and product differentiation to cater to changing consumer preferences. Additionally, the use of online platforms for purchasing pasta products is gaining momentum, providing convenience and accessibility for consumers.
Local special circumstances: In Russia, the Pasta Market of the Bread & Cereal Products Market within The Food market is heavily influenced by the country's strong tradition of consuming noodle-based dishes. This cultural preference has created a demand for a variety of pasta options, ranging from traditional Russian-style noodles to imported Italian pastas. Additionally, strict regulations on food imports have led to a preference for locally-made pasta products, providing opportunities for domestic producers to thrive in the market.
Underlying macroeconomic factors: The Pasta Market in Russia is greatly impacted by macroeconomic factors such as the country's economic health, import/export policies, and consumer spending. Russia's economic growth has been sluggish in recent years due to the decline in oil prices and international sanctions. This has resulted in a decrease in consumer spending, affecting the demand for pasta products. Additionally, the country's import/export policies have a significant impact on the availability and prices of pasta in the market, as Russia heavily relies on imports for its pasta products. Furthermore, the changing dietary preferences of consumers and the rising health concerns related to carbohydrates are also influencing the pasta market in Russia. The market is expected to experience slow growth in the coming years due to these macroeconomic factors.
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.Lun - Ven, 9:00 - 18:00 h (EST)
Lun - Ven, 9:00 - 18:00 h (EST)
Lun - Ven, 9:00 - 17:00 h (SGT)
Lun - Ven, 10:00 - 18:00 h (JST)
Lun - Ven, 9:00 - 18:00 h (GMT)
Lun - Ven, 9:00 - 18:00 h (EST)