The global pasta market is valued at US$ 49.7 billion in 2023 and is predicted to expand at a CAGR of 6.5% from 2023 to 2033. As such, global demand for pasta is forecasted to reach a market valuation of US$ 93.3 billion by the end of 2033.
Fact.MR, in its latest business intelligence study, depicts the nuts and bolts of the global Pasta market. The report presents detailed information regarding the drivers, restraints, opportunities and trends affecting market growth.
Each segment along with its sub-segment is analyzed in terms of value and volume. Further, the report elaborates the market behavior of each vendor operating in the Pasta market.
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Key findings of the Pasta market study:
- Regional breakdown of the Pasta market based on predefined taxonomy.
- Innovative manufacturing processes implemented by Pasta vendors in detail.
- Region-wise and country-wise fragmentation of the Pasta market to grasp the revenue, and growth outlook in these areas.
- Changing preferences among consumers across various regions and countries.
- Factors (Positive and Negative) impacting the growth of the global Pasta market.
Key Companies Profiled
- Ebro Foods, S.A.
- TreeHouse Foods, Inc.
- Unilever
- The Kraft Heinz Company
- Nestle
- Armanino Foods of Distinction
- General Mills Inc.
- Del Monte Foods Inc.
Competitive Landscape
Key manufacturers of pasta are making huge investments in strengthening their supply chain management systems and providing a wide variety of quality products to target end users. In the production of pasta, manufacturers follow certain guidelines, which are implemented by respective governing bodies to ensure minimal environmental impacts and quality control.
New developments, innovations, etc., are some strategies, which are adopted by key players to attract consumers to the target market.
For instance,
- In March 2021, Bernoi, a United States company, announced the launch of frozen food products in different shapes, including macaroni, fusilli, penne, and others. The company aims to offer restaurant-style products for consumption at home.
- In September 2020, AGT Food and Ingredients launched Veggipasta, which is a pea-based product. This initiative of the company provides healthy food alternatives to its consumers.
Key players in the pasta market are Ebro Foods, S.A., TreeHouse Foods, Inc., Unilever, The Kraft Heinz Company, Nestle, Armanino Foods of Distinction, General Mills Inc., and Del Monte Foods Inc.
Segmentation of Pasta Industry Research
- By Type :
- Dry
- Instant
- Fresh
- By Raw Material :
- Semolina
- Durum Wheat
- Refined Flour
- Others
- By Sauce :
- White
- Red
- Mix
- By Distribution Channel :
- Supermarkets/Hypermarkets
- Online Stores
- Convenience Stores
- Others
- By Region :
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
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Queries addressed in the Pasta market report:
- Why are the Pasta market players targeting region for increased product sales?
- What patented technologies are the players utilizing in the global Pasta market?
- Which regions are displaying the fastest growth in the Pasta market?
- What are the underlying micro- macroeconomic factors affecting the global Pasta market?
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