2014-04-02 07:26:02 - Pasta and Noodles in Australia: ISIC 1544 - a new market research report on companiesandmarkets.com
Pasta and noodles market reaches A$1.2 billion in 2012 after registering 21% growth from 2007. Despite slower demand growth households remain main buyers, with share dropping from 60% of total sales in 2007 to 58% in 2012.
Driven by convenience trends cooked and prepared pasta registers most rapid growth, accounting for largest 26% increase over 2007-2012. Further increase in households´ spending power and stronger image of local production will lead to turnover of local producers rising by 19% over 2013-2018.
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