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Ecuador Pasta Market Size, Share, Trends, Growth, Report: By Product Type: Dried, Chilled, Canned; By Raw Material: Durum Wheat Semolina, Wheat, Barley, Maize, Others; By Distribution Channel: Supermarkets and Hypermarkets, Convenience Stores, Online, Others; Market Dynamics: SWOT Analysis; Competitive Landscape 2024-2032
Ecuador Pasta Market Outlook
The Ecuador pasta market size is assessed to grow at a CAGR of 3.30% between 2024 and 2032. The market is being driven by the rising sales of pasta from e-commerce channels.
Key Takeaways:
- In 2022, Ecuador imported 9.9 million kilograms of pasta, with Peru, Italy, and China being the fastest-growing import markets.
- Online channels are expected to constitute a major portion of the Ecuador pasta market share in the coming years.
- Canned pasta is expected to grow in popularity among consumers due to its convenience and affordability.
The urbanisation rate in Ecuador stands at nearly 64%, reflecting the growing aspirations of city dwellers to switch towards packaged and ready-to-eat food items. In Ecuador, customers typically consume pasta as a second dish in a three-course meal, comprising soup, rice/pasta, and meat, for wholesome nutrition and good health. With evolving consumer preferences and dietary patterns, the Ecuador pasta market is expected to witness significant growth in the coming years.
The growing use of durum wheat semolina, which is rich in proteins and fibres, is favouring the Ecuador pasta market growth. With technological improvements in the processing and breeding of durum wheat, its usage for manufacturing pasta has been soaring steadily over the last few years. Moreover, the high appeal of pasta among children is expected to drive the market development in the coming years.
With improving smartphone penetration (50%+) and internet accessibility, the e-commerce sector has been rising steadily in Ecuador, which is expected to contribute to an increase in sales of pasta over the forecast period. Between 2021 and 2022, the number of internet users in Ecuador increased by 3.4 million, which contributed to the popularity of online distribution platforms. Moreover, with improvements in order placing and receipt on delivery channels, consumers are expected to increasingly buy pasta from online retail channels in the forecast period.
Market Segmentation
Ecuador Pasta Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Product Type
- Dried
- Chilled
- Canned
Market Division by Raw Material
- Durum Wheat Semolina
- Wheat
- Barley
- Maize
- Others
Market Segmentation by Distribution Channel
- Supermarkets and Hypermarkets
- Convenience Stores
- Online
- Others
Key Ecuador pasta market players are focusing on launching healthy pasta to capture consumer attention and cater to their evolving dietary preferences.
The key market players are Barilla G. e R. Fratelli S.p.A, Ecuatoriana De Alimentos S.A., and Moderna Alimentos S.A, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Product Type |
|
| Breakup by Raw Material |
|
| Breakup by Distribution Channel |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Market Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Latin America Pasta Market Overview
8.1 Key Industry Highlights
8.2 Latin America Pasta Historical Market (2018-2023)
8.3 Latin America Pasta Market Forecast (2024-2032)
8.4 Latin America Pasta Market Share by Country
8.4.1 Brazil
8.4.2 Mexico
8.4.3 Argentina
8.4.4 Ecuador
8.4.5 Others
9 Ecuador Pasta Market Overview
9.1 Key Industry Highlights
9.2 Ecuador Pasta Historical Market (2018-2023)
9.3 Ecuador Pasta Market Forecast (2024-2032)
10 Ecuador Pasta Market by Product Type
10.1 Dried
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Chilled
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Canned
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
11 Ecuador Pasta Market by Raw Material
11.1 Durum Wheat Semolina
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Wheat
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Barley
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Maize
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Others
12 Ecuador Pasta Market by Distribution Channel
12.1 Supermarkets and Hypermarkets
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Convenience Stores
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Online
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyers Powers
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Value Chain Analysis
15 Trade Data Analysis (HS Code: 1902)
15.1 Major Importing Countries
15.1.1 By Volume
15.1.2 By Value
15.2 Major Exporting Countries
15.2.1 By Volume
15.2.2 By Value
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Barilla G. e R. Fratelli S.p.A
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Ecuatoriana De Alimentos S.A.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Moderna Alimentos S.A
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Latin America Pasta Market: Key Industry Highlights, 2018 and 2032
2. Ecuador Pasta Market: Key Industry Highlights, 2018 and 2032
3. Ecuador Pasta Historical Market: Breakup by Product Type (USD Million), 2018-2023
4. Ecuador Pasta Market Forecast: Breakup by Product Type (USD Million), 2024-2032
5. Ecuador Pasta Historical Market: Breakup by Raw Material (USD Million), 2018-2023
6. Ecuador Pasta Market Forecast: Breakup by Raw Material (USD Million), 2024-2032
7. Ecuador Pasta Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
8. Ecuador Pasta Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
9. Major Importing Countries by Volume
10. Major Exporting Countries by Volume
11. Major Importing Countries by Value
12. Major Exporting Countries by Value
13. Ecuador Pasta Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 3.30% between 2024 and 2032.
The different product types considered in the market report are dried, chilled, and canned.
The major raw materials used in pasta include durum wheat semolina, wheat, barley, and maize, among others.
The major distribution channels for pasta in Ecuador are supermarkets and hypermarkets, convenience stores, and online, among others.
The key market players are Barilla G. e R. Fratelli S.p.A, Ecuatoriana De Alimentos S.A., and Moderna Alimentos S.A, among others
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