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Prepared Meal Production in Cyprus - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

CY-C1075 July 2024 Factsheet

Revenue

€13.0m

2019-2024 6.0 %
2024-2029 X.X %

Employees

162

2019-2024 2.0 %
2024-2029 X.X %

Businesses

30

2019-2024 1.3 %
2024-2029 X.X %

Wages

€X.Xm

2019-2024 X.X %
2024-2029 X.X %

Prepared Meal Production in Cyprus market size outlook

Total value and annual change from from 2014-2029. Includes 5-year outlook.

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About Factsheets

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
#26 In Europe
Business
#30 In Europe
Employees
#30 In Europe
Wages
#27 In Europe

The Prepared Meal Production in Cyprus ranks 26 in Europe with regards to its 2024 revenue (€13.0m). Revenue received by operators in Cyprus has been low in volatility over the past five-year period, with the average annual change in revenue (6.0 %) most comparable to...

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Enterprises
Number of businesses in 2024

Revenue per Enterprise
Value (€ Million) in 2024

Top Questions Answered in this Report

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What is the market size of the Prepared Meal Production industry in Cyprus in 2024?

The market size of the Prepared Meal Production industry in Cyprus is €13.0m in 2024.

How many businesses are there in the Prepared Meal Production in Cyprus industry in 2024?

There are 30 businesses in the Prepared Meal Production industry in Cyprus, which has declined at a CAGR of 1.3 % between 2019 and 2024.

Has the Prepared Meal Production industry in Cyprus grown or declined over the past 5 years?

The market size of the Prepared Meal Production industry in Cyprus has been declining at a CAGR of 6.0 % between 2019 and 2024.

What is the forecast growth of the Prepared Meal Production industry in Cyprus over the next 5 years?

Over the next five years, the Prepared Meal Production industry in Cyprus is expected to grow.

What does the Prepared Meal Production in Cyprus include?

Prepared meat meals and Prepared fish meals are part of the Prepared Meal Production industry.

How competitive is the Prepared Meal Production industry in Cyprus?

The level of competition is moderate and steady in the Prepared Meal Production industry in Cyprus.

Related Industries

This industry is covered in 37 countries

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Table of Contents

About this industry

Industry definition

Operators in this industry manufacture ready-made meals and dishes that are already seasoned and cooked. Prepared dishes must contain at least two ingredients in addition to seasonings. These meals are preserved, such as in frozen or canned form.

What's included in this industry?

Prepared meat mealsPrepared fish mealsPrepared vegetarian and vegan mealsPrepared pasta dishesOther prepared dishes

Industry Code

ISIC 2006

1075 - Manufacture of prepared meals and dishes in Cyprus

Performance

Revenue Highlights

Trends
  • Revenue
  • 2024 Revenue CAGR
  • Revenue Volatility

Employment Highlights

Trends
  • Employees
  • Employees per Business
  • Revenue per Employee

Business Highlights

Trends
  • Businesses
  • Employees per Business
  • Revenue per Business

Current Performance

Charts
  • Revenue in the Prepared Meal Production in Cyprus
  • Employees in the Prepared Meal Production in Cyprus
  • Business in the Prepared Meal Production in Cyprus
  • Profit in the Prepared Meal Production in Cyprus

Current Performance

Analysis

How does this country's performance compare to Europe?


Life Cycle

Charts
  • Industry Life Cycle Matrix

Products and Markets

Highlights

Trends
  • Largest Market
  • Product Innovation

International Trade

Heat maps
  • Industry Concentration of Imports by Country
  • Industry Concentration of Exports by Country

Competitive Forces

Highlights

Trends
  • Concentration
  • Competition
  • Barriers to Entry
  • Substitutes
  • Buyer Power
  • Supplier Power
ANALYSIS

What is the competitive landscape in Europe?

External Environment

Highlights

Trends
  • Regulation & Policy
  • Assistance

Key Takeaways

Strict regulations govern the food market in Europe. Such policies ensure food safety, control nutritional content and maintain high quality standards across the sector.

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External Drivers

Analysis

What demographic and macroeconomic factors impact the Prepared Meal Production in Cyprus industry?

Financial Benchmarks

Highlights

Trends
  • Profit Margin
  • Average Wage
  • Largest Cost

Key Takeaways

The prepared meal sector faces tough profitability challenges. Rising food costs and fierce competition from newcomers have squeezed margins, forcing established companies to innovate without significantly raising prices to keep consumers interested.

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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 Prepared Meal 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. 

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.

To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.