Since 2005 the amount of money the Cornish Pasty Industry has turned over has almost doubled from just over £150 million to £300 million annually according to the latest figures.
It’s not just the Cornish who are eating them as more than 120 million pasties are produced per year, Cornwall Food and Drink said.
The news comes as organisers of “Cornwall Calling”, a Cornish event to be held in London later this year, hope that it could increase investment in the county..
The Tate Britain in London os the location for the “Cornwall Calling” event and is being hosted by Cornwall Community Foundation.
The organisation has launched a new year long campaign called Choose Cornish Every Day.
This initiative has been set up to feature local produce from Cornwall and help it become a regular features on shopping lists up and down the country.
The “Cornish pasty” was given protected status by European lawmakers, called a Protected Geographical Indication (PGI) in 2011.
The law has meant that pasties made anywhere other than Cornwall can no longer be called “Cornish”.
Organisers hope the event in London will further boost Cornish produce and the county, too.
Chris Pomfret, from the Local Enterprise Partnership, said: “When you look at the growth rate of some of our businesses, maybe this is a place the finance sector should be pointing potential investors to.”
The event coincides with St Piran’s Day which celebrates the 6th Century Irish monk who was apparently cast into the sea tied to a millstone but floated safely across to Perranporth.