Industry Analysis & Industry Trends
Operators in the Pasta Product Manufacturing industry produce dried, fresh, stuffed, frozen and canned pasta, as well as noodles and couscous. The industry does not include production of ready meals containing pasta or couscous (see IBISWorld report C10.850). According to the latest data from the Union of Organizations of Manufacturers of Pasta Products of the EU, the United Kingdom accounts for only 1% of total EU pasta production, which is dominated by Italy. As a result, the majority of pasta eaten in the United Kingdom is imported.
Over the five years through 2016-17, the revenue of UK pasta product manufacturers is expected to increase at a compound annual rate of 1.2%... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The industry is considered to be in the mature stage of the industry life cycle. Industry value added (IVA), which is a measure of the industry's contribution to the overall economy, is expected to rise at a compound annual rate of 1.1% over the 10 years through 2021-22. In comparison, UK GDP is projected to increase at a compound annual rate of 2.3% over the same period. There has been little change in the main products made by industry operators and few technological developments during the past five years, indicating a mature industry. The downstream markets are relatively stable as well, while demand has been steadily increasing.
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