Industry Statistics and Rankings
How does this industry perform in Cyprus compared to Europe?
Country Benchmarking
Industry Data Cyprus
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#22 In EuropeBusiness
#24 In EuropeEmployees
#27 In EuropeWages
#23 In EuropeThe pasta product manufacturing industry in Europe is deeply rooted in tradition and consumer preferences, driving brands to continually adapt and innovate to meet changing demands. With consumers increasingly favouring traditional Italian methods and recipes, demand for Made in Italy brands such as Barilla and De Cecco have been bolstered. Moreover, European producers are embracing these traditional methods, incorporating durum wheat semolina and age-old drying techniques, underscoring the industry's flexibility and resilience in catering to evolving customer preferences.
Enterprises
Number of businesses in 2024
Biggest companies in the Pasta Production in Cyprus
| Company | Market Share (%)
2024 | Revenue (€m)
2024 | Profit (€m)
2024 | Profit Margin (%)
2024 |
|---|
There are no companies that hold a large enough market share in the Pasta Production in Cyprus industry for IBISWorld to include in this product.
Top Questions Answered in this Report
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What is the market size of the Pasta Production industry in Cyprus in 2024?
The market size of the Pasta Production industry in Cyprus is €7.4m in 2024.
How many businesses are there in the Pasta Production in Cyprus industry in 2024?
There are 17 businesses in the Pasta Production industry in Cyprus, which has declined at a CAGR of 2.2 % between 2019 and 2024.
Has the Pasta Production industry in Cyprus grown or declined over the past 5 years?
The market size of the Pasta Production industry in Cyprus has been growing at a CAGR of 11.0 % between 2019 and 2024.
What is the forecast growth of the Pasta Production industry in Cyprus over the next 5 years?
Over the next five years, the Pasta Production industry in Cyprus is expected to grow.
What does the Pasta Production in Cyprus include?
Dried pasta and noodles and Egg pasta and noodles are part of the Pasta Production industry.
How competitive is the Pasta Production industry in Cyprus?
The level of competition is moderate and steady in the Pasta Production industry in Cyprus.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
- Bakery Goods Production in Cyprus
Complementors
International industries
Table of Contents
About this industry
Industry definition
Companies in this industry manufacture pasta products that may be cooked, uncooked, stuffed or not stuffed. These products include items such as macaroni and noodles. The industry also includes the manufacture of canned or frozen pasta products and the manufacture of couscous.
Related Terms
DURUM WHEATANCIENT GRAINS SEMOLINAWhat's included in this industry?
Dried pasta and noodlesEgg pasta and noodlesStuffed pastaCouscousCompanies
Industry Code
1074 - Manufacture of macaroni, noodles, couscous and similar farinaceous products in Cyprus
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Performance
Revenue Highlights
Trends
- Revenue
- Current Year Revenue Growth
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Profit Highlights
Trends
- Total Profit
- Profit Margin
- Profit per Business
Current Performance
Charts
- Revenue
- Employees
- Business
- Profit
Analysis
What's driving current industry performance in the Pasta Production in Cyprus industry?
Outlook
Analysis
What's driving the Pasta Production in Cyprus industry outlook?
Volatility
Analysis
What influences volatility in the Pasta Production in Cyprus industry?
Charts
- Industry Volatility vs. Revenue Growth Matrix
Life Cycle
Analysis
What determines the industry life cycle stage in the Pasta Production in Cyprus industry?
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
Key Takeaways
Stuffed pasta is a convenient meal favourite. With its quick-to-prepare nature and the increasing demand for healthier, plant-based fillings, this food option is satisfying both the taste buds and nutritional needs of busy, health-conscious eaters.
Products and Services
Charts
- Products and Services Segmentation
Analysis
How are the Pasta Production in Cyprus industry's products and services performing?
Analysis
What are innovations in the Pasta Production in Cyprus industry's products and services?
Major Markets
Charts
- Major Market Segmentation
Analysis
What influences demand in the Pasta Production in Cyprus industry?
International Trade
Highlights
- Total Imports into Cyprus
- Total Exports into Cyprus
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Data Tables
Value and annual change (%) included
- Number of Imports and Exports by European Country (2024)
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
Key Takeaways
Innovative product offerings drive market share in Europe's pasta industry. Successful producers must create unique, quality products that cater to evolving consumer tastes, like gluten-free or gourmet options to stay competitive.
Supply Chain
Charts
Buyer and supply industries
Geographic Breakdown
Business Locations
Heat maps
- Share of Total Industry Establishments by Region (2024)
Data Tables
- Number of Establishments by Region (2024)
Charts
- Share of Establishments vs. Population of Each Region
Analysis
What regions are businesses in the Pasta Production in Cyprus located?
Companies
Data Tables
Top 0 companies by market share:
- Market share (2024)
- Revenue (2024)
- Profit (2024)
- Profit margin (2024)
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Manufacturers must follow stringent food standard and labelling requirements. This means manufacturers must adhere to specific guidelines, from ingredient sourcing to labelling, to ensure consumer trust and market stability.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Pasta Production in Cyprus industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Pasta producers thrive with innovation and sustainability. By embracing creative diversification and efficient, sustainable production methods, they've successfully navigated challenges, proving that adaptability is key to maintaining profitability in a changing market.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Pasta Production in Cyprus industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
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To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.
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