Iraq Dried Pasta Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Iraq Dried Pasta Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Report Format: PDF+Excel | Report ID: SR112023A1689
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Market Overview:

The Iraq dried pasta market size reached US$ 140.7 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 190.7 Million by 2028, exhibiting a growth rate (CAGR) of 5.1% during 2023-2028.

The dried pasta market in Iraq is experiencing healthy growth rates, owing to the increasing penetration of foodservice joints and restaurants especially in the capital city, Baghdad, where the presence of several European restaurants have been increasing in the last few years. The market is also being catalyzed by the increasing westernization of food habits, driven by the booming food service sector offering exposure to western food items, leading to a change in palatability and food patterns of the Iraqi consumers. Moreover, due to increasing urbanizations, consumers living in urban settlements are increasingly demanding pasta due to its easy-to-cook nature and hassle-free preparation, thereby further augmenting the demand for dried pasta in the country. In response to the growing demand, many domestic players are foraying into the Industry. The market, however, is currently import-dependent with the majority of the dried pasta being imported from Turkey and Iran.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the Iraq dried pasta market report, along with forecasts for the period 2023-2028. Our report has categorized the market based on SKU and shape.

Breakup by SKU:

  • 500g
  • 400g
  • 200/250g
  • 1kg
  • 5kg
  • Others
     

Breakup by Shape:

  • Penne
  • Fusilli
  • Spaghetti
  • Farfalle
  • Others
     

Competitive Landscape:

The report has also examined the competitive landscape of Iraq dried pasta market and provides the profiles of the key players operating in this market.

Report Coverage:

Report Features Details
Base Year of the Analysis 2022
Historical Period 2017-2022
Forecast Period 2023-2028
Units Tons, US$ Million
Segment Coverage SKU, Shape
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

According to the estimates by IMARC Group, the Iraq dried pasta market is expected to grow at a CAGR of 5.1% during 2023-2028.

Sudden outbreak of the COVID-19 pandemic had resulted in an increasing demand for food items with longer shelf life, such as dried pasta. However, numerous travel restrictions, labor shortages and disrupted supply chains in the country had negatively impacted the market for dried pasta.

The rising demand for easy-to-cook food products, along with the increasing penetration of foodservice joints and restaurants, represent some of the key drivers for the Iraq dried pasta market.

The growing preference of western food items and escalating number of domestic players foraying into the industry are some of the key trends in the Iraq dried pasta market.

On the basis of the SKU, the market has been bifurcated into 500g, 400g, 200/250g, 1kg, 5kg, and others. Currently, 500g holds the majority of the total market share.

On the basis of the shape, the market has been divided into penne, fusilli, spaghetti, farfalle and others. Among these, penne-shaped dried pasta represents the largest segment.

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Iraq Dried Pasta Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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