The UK dry pasta market experienced notable fluctuations from 2012 to 2022. Starting from €129.38 million in 2012, the market showed a decline to €123.65 million in 2013, followed by a significant increase in 2014 reaching €151.82 million. From then on, the market displayed steady growth with occasional dips, such as in 2017. The Compound Annual Growth Rate (CAGR) over the last 5 years (2017-2022) stood at 2.52%, indicating a moderate but consistent growth trend.
Key trends over the last two years reflect a year-on-year increase of 1.24% in 2021 and 1.2% in 2022, suggesting a stable market recovery and growth as the market value reached €159.52 million in 2022.
Future trends to watch for include further potential growth driven by increased consumer demand for convenience foods and healthier pasta options, as well as market expansions driven by innovation in product offerings and packaging. Monitoring economic conditions and consumer purchasing power in the UK will also be critical for forecasting future market behavior.
| # | 14 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 686,960,000 | 2023 | +0.38% | +0.8% | View data |
| 2 | 2 Germany | 516,430,000 | 2023 | +1.53% | +4.05% | View data |
| 3 | 3 Spain | 369,290,000 | 2023 | +1.42% | +1.76% | View data |
| 4 | 4 United Kingdom | 161,380,000 | 2023 | +1.16% | +0.97% | |
| 5 | 5 Greece | 152,810,000 | 2023 | -0.51% | -0.98% | View data |
| 6 | 6 Portugal | 98,330,000 | 2023 | -1.02% | -0.062% | View data |
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