According to the latest report by IMARC Group, titled “Pasta Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global pasta market size reached a value of US$ 22.3 Billion in 2021. On account of the aforementioned factors, the market is anticipated to reach a value of US$ 25.7 Billion by 2027.
Pasta refers to a traditional Italian dish that is prepared from unleavened dough comprising of wheat durum flour, water, eggs, oil, etc. It is commonly available in various shapes, including penne, spaghetti, farfalle, fettuccine, barbine, etc. Pasta is a rich source of carbohydrates, protein, fiber, etc. Furthermore, it can be boiled and served with a sauce, added to soups, served cold in a salad with several ingredients, or stuffed with meat, cheese, vegetables, etc.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Global Pasta Market Trends and Drivers:
The growing consumer inclination towards easy-to-cook food items that require limited cooking time and skills is primarily driving the pasta market. Additionally, the escalating demand for non-genetically modified organism (non-GMO) product variants with natural ingredients, such as carrot, spinach, beet juice, herbs, etc., on account of rising health concerns among individuals, is further catalyzing the market growth. Besides this, numerous food service businesses are offering a fusion of international cuisines by preparing pasta with a wide array of domestic spices to expand their customer base, which, in turn, is acting as another significant growth-inducing factor. Moreover, the rising investments in R&D activities aimed at automating the pasta production process are also augmenting the global market. Apart from this, the inflating popularity of Italian restaurants and cuisine across countries and the increasing number of departmental stores, convenience stores, hypermarkets, supermarkets, etc., are anticipated to fuel the pasta market over the forecasted period.
Pasta Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the global pasta market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Barilla Holding
- Ebro Puleva Group
- By Cecco
Key Market Segmentation:
The report has segmented the global pasta market on the basis of product type, raw material, distribution channel and region.
Breakup by Product Type:
- Dried Pasta
- Chilled/Fresh Pasta
- Canned/Preserved Pasta
Breakup by Raw Material:
- Durum Wheat Semolina
Breakup by Distribution Channel:
- Independent Small Groceries
- Online Stores
- North America
- Latin America
- Middle East and Africa
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Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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