While New Zealand is well known internationally for the quality of products produced in its dairy, beef and lamb industries, these industries are also New Zealand’s biggest greenhouse gas emitter. With a number of initiatives across both the private and public sectors well underway to combat climate change and reduce the country’s greenhouse gas emissions, consumers are increasingly aware of the carbon footprint of the food they consume.
While New Zealand was the subject of a high level of inflation in 2022, this is likely to be only the start of cost of living pressures to be faced by consumers over the forecast period. While inflation levels are expected to ease off from the beginning of the forecast period, a key driver of this is expected to be rising interest rates, with the Reserve Bank of New Zealand expected to raise the Official Cash Rate to 3% by 2023.
The COVID-19 pandemic, related trading restrictions and border closures decimated the local hospitality and foodservice industry between 2020 and 2022. New Zealand’s cautious approach to re-opening, combined with the fact that its major tourist source market, China, continues to persevere with an elimination strategy means that foodservice sales are not expected to return to pre-pandemic levels before the end of the forecast period.
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Understand the latest market trends and future growth opportunities for the Rice, Pasta and Noodles industry in New Zealand with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Rice, Pasta and Noodles industry in New Zealand, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Rice, Pasta and Noodles
This is the aggregation of rice, noodles and pasta. Includes: Pre-packaged noodles. Excludes: Any noodles, pasta or rice bought loose, bulk and/or unpackaged. Excludes: Any noodle-based ready meals, which would be tracked under ready meals.See All of Our Definitions
This report originates from Passport, our Rice, Pasta and Noodles research and analysis database.
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