| Product Code: ETC4946693 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Cyprus continues to heavily rely on imports for packaged food, with top exporters in 2024 being Greece, Netherlands, Germany, UK, and Austria. The market shows high concentration with a very high HHI in 2024. The industry has seen steady growth, with a compound annual growth rate (CAGR) of 4.49% from 2020 to 2024. The growth rate in 2024 alone is an impressive 7.68%, indicating a positive trend in the demand for packaged food imports in Cyprus.

By 2027, the Packaged Food market in Cyprus is anticipated to reach a growth rate of 6.56%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Cyprus Packaged Food Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Packaged Food Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Packaged Food Market - Industry Life Cycle |
3.4 Cyprus Packaged Food Market - Porter's Five Forces |
3.5 Cyprus Packaged Food Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Cyprus Packaged Food Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Cyprus Packaged Food Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Packaged Food Market Trends |
6 Cyprus Packaged Food Market Segmentations |
6.1 Cyprus Packaged Food Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Packaged Food Market Revenues & Volume, By Dairy Products, 2021-2031F |
6.1.3 Cyprus Packaged Food Market Revenues & Volume, By Bakery Products, 2021-2031F |
6.1.4 Cyprus Packaged Food Market Revenues & Volume, By Ready Meals, 2021-2031F |
6.1.5 Cyprus Packaged Food Market Revenues & Volume, By Confectionery, 2021-2031F |
6.1.6 Cyprus Packaged Food Market Revenues & Volume, By Breakfast Cereals, 2021-2031F |
6.1.7 Cyprus Packaged Food Market Revenues & Volume, By Baby Food, 2021-2031F |
6.1.9 Cyprus Packaged Food Market Revenues & Volume, By Sauces, Condiments, and Dressings, 2021-2031F |
6.1.10 Cyprus Packaged Food Market Revenues & Volume, By Sauces, Condiments, and Dressings, 2021-2031F |
6.2 Cyprus Packaged Food Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Packaged Food Market Revenues & Volume, By Supermarket/Hypermarket, 2021-2031F |
6.2.3 Cyprus Packaged Food Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.2.4 Cyprus Packaged Food Market Revenues & Volume, By Retail Stores, 2021-2031F |
6.2.5 Cyprus Packaged Food Market Revenues & Volume, By E-commerce, 2021-2031F |
7 Cyprus Packaged Food Market Import-Export Trade Statistics |
7.1 Cyprus Packaged Food Market Export to Major Countries |
7.2 Cyprus Packaged Food Market Imports from Major Countries |
8 Cyprus Packaged Food Market Key Performance Indicators |
9 Cyprus Packaged Food Market - Opportunity Assessment |
9.1 Cyprus Packaged Food Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Cyprus Packaged Food Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Cyprus Packaged Food Market - Competitive Landscape |
10.1 Cyprus Packaged Food Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Packaged Food Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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