26-Sep-2024 | Zion Market Research
Analysts at Zion Market Research (ZMR) have anticipated that the global pasta market value surpassed USD 70.10 Billion in 2023 and is projected to hit USD 86.02 Billion by 2032, with a compound annual growth rate (CAGR) of 2.3% during the forecast period 2024-2032.
The comprehensive evaluation regarding the production, sales, and performance of the dominating market players is illustrated in the report. Some of the contenders are considerably driving the global pasta market, which includes Campbell Soup Company, American Italian Pasta Company, General Mills, Armanino Foods of Distinction Inc., ConAgra Foods Inc., Nissin Foods Holdings Co. Ltd., Strom Products Ltd., and Fiori-Bruna Pasta Products.
Pasta, a carbohydrate-rich traditional Italian dish, is prepared from fermented dough consisting of eggs or water in wheat, barley, maize flour, etc. Apart from options in recipes, the Italian dish is also available in different shapes and sizes. The report categorizes the pasta market based on the raw material type, product type, distribution channel, and others. Based on the raw material used, the report emphasizes the global pasta market by sub-categorizing into durum wheat, barley, maize, rice, mix, and others. Based on the product type, the report segments the global market into fresh pasta, dried pasta, canned pasta, and others. By distribution channel, the market is fragmented into e-commerce Stores, hypermarkets, independent small groceries, discounters, supermarkets, and others.
Dried pasta can be stored for longer periods, but fresh pasta is perishable. That’s why fresh pasta is costlier than dried pasta. While evaluating the individual performance of both types, the former holds the dominating share in the global market.
Preferring Pasta Over Other Foods Likely To Impel The Global Market Growth
In consideration of rapid urbanization, most of the Eastern regions are trying to adopt the western culture. The hectic daily routine has influenced people to replace traditional foods with instantly cooked foods, and pasta is one of them with a long shelf life. Moreover, pasta is easily accessible owing to the solid and well-established distribution channels. Besides this, pasta is considered as one of the healthy foods, as it has low sodium content and is cholesterol-free. Based on all the above-mentioned points, the global sales of the existing pasta products and the upcoming new pasta varieties with added value and flavors would surge gradually during the forecast period.
Regionally, Europe accounts for the biggest share in terms of demand. On the other hand, the Asia Pacific pasta market is not performing as expected because of the higher market value of the Italian dish compared to the staple foods. Moreover, the sale of pasta is also hobbling across the region due to its abundant availability.
Browse the full “Global Pasta Market - By Raw Materials (Barley, Maize, Wheat, Rice, Mix, and Others), By Product Raw Materials (Fresh/Chilled Pasta, Preserved/ Canned Pasta, Dried Pasta, and Others), By Distribution Channels (Independent Small Groceries, Online Stores, Hypermarkets, Discounters, Supermarkets, and Others), and By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024 – 2032.” Report at https://www.zionmarketresearch.com/report/pasta-market
By Raw Material:
By Product Type:
By Distribution Channel:
By Region
About Us:
Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.
Contact Us:
Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
Website: https://www.zionmarketresearch.com
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed