New Market Study Published: Pasta in South Africa
Growth in retail volume sales of pasta in 2012 was down slightly on 2011, and also slower than the CAGR for the entire review period. This was partly due to increasing maturity. At the same time, retail volume growth was hampered as the rising cost of wheat compelled manufacturers to increase their prices at a time when the purchasing power of most South Africans was falling due to inflationary pressures. Rising raw material costs also discouraged manufacturers from investing in...
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