The global Pasta Market was valued at 13 billion USD in 2019 and is expected to reach 16 billion USD by the end of 2025, with a CAGR of roughly 2.9% between 2020 and 2025.
The report evaluates and analyses the global and regional pasta markets. The analysis delves thoroughly into industry rivalry, restrictions, sales forecasts, opportunities, existing and prospective trends, and industry-validated market information. The research looks at historical data from 2016 to 2018, as well as value projections from 2019 to 2025. (Priced in US dollars).
Introduction
Pasta has long been regarded as an important nutritional component of South American and Mediterranean cuisine. The dish is a tasty and popular supper for families all over the world, as well as a basic functional diet. It also has a variety of nutritious components and is beneficial to one’s health. An NCBI study of the relationship between pasta consumption and BMI and waist-to-hip ratio revealed that pasta eating has no effect on the health or obesity of Mediterranean people.
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Market Growth Drivers:
Due to the high consumption of pasta in the United States, individual obesity levels will have little impact on market growth during the projection timeframe. Also, when properly prepared, pasta has a low glycemic index and can significantly increase one’s pleasure. When combined with tomato products, pasta contains a lot of lycopene. This will aid in the market’s expansion throughout the coming years. In addition, epidemiological studies demonstrate that consuming phytochemical-rich meals with pasta reduces the incidence of heart disease, cancer, obesity, and diabetes. Pasta also aids in the prevention of chronic degenerative diseases and boosts dietary nutritional value.
Due to the high consumption of pasta in European countries, the regional market will grow over the projection period. Furthermore, growth in per capita sales of the product in Europe will boost the expansion of the European pasta sector over the forecast period. Because of the large consumption of pasta in European countries, the regional market will rise throughout the projection period. Additionally, increased product per capita sales in Europe will drive the rise of the European pasta sector over the forecast period.
Key players profiled in the pasta industry include Strom Products Ltd., Nissin Foods Holdings Co. Ltd., Armanino Foods of Distinction Inc., General Mills, ConAgra Foods Inc., Campbell Soup Company, American Italian Pasta Company, Fiori-Bruna Pasta Products.
The report segments the global pasta market as follows:
By Raw Material
Barley
Durum Wheat Semolina
Wheat
Maize
Rice
Others
By Product Raw Materials
Canned/Preserved Pasta
Fresh/Chilled Pasta
Dried Pasta
Others
By Distribution Channel
Hypermarkets
Supermarkets
Independent Small Groceries
Discounters
E-commerce Stores
Others
By Region
North America
The U.S.
Canada
Europe
France
The UK
Spain
Germany
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa
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