Global Pasta Market To Spur Gradually And Reach An Approx. Value Of USD 16 Billion By 2025

16-Mar-2020 | Zion Market Research

Analysts at Zion Market Research (ZMR) have anticipated that the global pasta market value surpassed USD 13 Billion in 2019 and is likely to spur at a CAGR of around 2.9% during the forecast period of six years. The global pasta market will probably attain a value of around $16 Billion by the end of 2025.

Global Pasta Market

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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, 2019 – 2025. Report at https://www.zionmarketresearch.com/report/pasta-market

The report segments the global pasta market as follows:

By Raw Material:

  • Barley
  • Durum Wheat Semolina
  • Wheat
  • Maize
  • Rice
  • Others

By Product Type:

  • 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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