Iraq Dried Pasta Market Report and Forecast 2024-2032

Iraq Dried Pasta Market Outlook

The Iraq dried pasta market is expected to grow at a CAGR of about 5.3% between 2024 and 2032. The market in Iraq expected to witness a healthy growth rate during the forecast period of 2024-2032 due to the growing penetration of foodservice joints and restaurants, particularly in the capital city of Baghdad, where the presence of several European restaurants has increased in recent years. The industry, however, is presently dependent on Turkey and Iran for the major volume of imported dried pasta. 

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The market in Iraq is widely being supported by the Middle East pasta market. The rising acceptance and adoption of the product in the country are also aiding the market growth. Consumers are increasingly opting for convenience food products because they are readily available and often have added fortification. Consumers in Iran are spending less time planning, as well as cooking meals at home, because of changing habits and increasingly busy lifestyles. Thus, dried pasta’s ease of preparation will positively influence the growth of the market in the country.

Properties and Applications

Dried pasta is made of the flour and water from the semolina. Such components are combined into a paste, then forced through moulds as well as cut into different types of pasta. When the dough has been formed, a drying process is practised through which all the moisture is removed. Because dry noodles contain zero moisture, these have a longer shelf life than fresh noodles, and if the packaging is not opened, they will last for up to two years.

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Based on SKU, the market can be divided between the following:

• 200/250g
• 400g
• 500g
• 1kg
• 5kg

On the basis of shape, the industry can be segmented as follows:

• Penne
• Fusilli
• Spaghetti
• Farfalle
• Others

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Market Analysis

The dried pasta market in Iraq is primarily being driven by the rising demand for pasta owing to the rapid urbanisation, hectic lifestyles, and western influences, which has led consumers to migrate to easy-to-cook food items that require negligible cooking time. Since pasta is a convenient and healthy food, the consumption of the product is on the increase, specifically for the vermicelli, fusilli, and macaroni variants. In addition, many national and international producers are launching a wide range of pasta in emerging and potential markets to cater to the changing tastes and desires of consumers, which is also expected to influence the market in Iraq positively. The launch of new products to attract consumers, such as organic, vegan, and gluten-free pasta, is also expected to drive the market growth. 

The report gives a detailed analysis of the key players in the Iraq dried pasta market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds. The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report