Global Pasta Market Size, Share, Growth, and Forecast Report 2030
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, increasing at a 2.9% CAGR between 2020 and 2025.
The study examines and analyses the worldwide and regional pasta markets. The report looks thoroughly into industry rivalry, constraints, sales estimates, prospects, current and prospective trends, and industry-certified market data. The study examines historical data from 2016 to 2018, as well as projected figures from 2019 to 2025. (Priced in USD).
Introduction
Pasta has long been regarded as an essential nutrient in South American and Mediterranean cuisine. The dish is a delightful and popular supper for families worldwide, as well as a basic functional diet. It also has a range of nutritious components that are good for one's health. An NCBI investigation of the association between pasta consumption and BMI and waist-to-hip ratio discovered that pasta consumption has no effect on Mediterranean people's health or obesity.
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Market Growth Factors:
Individual obesity levels will have no impact on market growth throughout the predicted timeframe due to the high consumption of pasta in the United States. In addition, when correctly made, pasta has a low glycemic index and can considerably boost one's pleasure. Pasta is high in lycopene when paired with tomato products. This will help the market grow in the next years. Furthermore, epidemiological studies show that eating 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 the nutritional value of the diet.
Because to increased pasta consumption in European countries, the regional market will expand during the projection period. Also, higher product per capita sales in Europe will drive the rise of the European pasta sector over the projection period. The regional market would grow during the projection period due to the high consumption of pasta in European countries. Also, increasing per capita product sales in Europe will drive growth in 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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