Thursday, February 29, 2024

Email id: support@kenresearch.com, Contact Us : +91-9871552944

Home Food Beverage and tobacco Rise in Preference for Easy-to-Prepare Diet Expected to Drive Global Pasta Market:...

Rise in Preference for Easy-to-Prepare Diet Expected to Drive Global Pasta Market: Ken Research

Pasta is a type of Italian dish that represents one of the most accessible & healthy carbohydrate-rich foods. It is made from unleavened dough that consists of wheat durum flour and water or eggs. It is generally available in different sizes or shapes. It can be supplementary to soups, served cold with other ingredients in a salad, boiled & served with a sauce, stuffed with cheese, meat, or vegetables and then boiled & baked.

According to study, “Global Pasta Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024” the key companies operating in the global pasta market are Maffei, Voltan SpA, RP’s Pasta Company, Ugo Foods Group, Waitrose, SpaghettoFactory, Giovanni Rana, Marcello Raffetto, Pastificio Gaetarelli, Pappardelle’s Pasta, Lilly’s Fresh Pasta, The Fresh Pasta Company, Pastificio Mansi, Pastificio Brema, Pasta Jesce. To entice consumers, small & large manufacturers are now experimenting with various ingredients ranging from rice flour and chickpea flour to tomato, carrot, spinach, or beet juices and different herbs or spices for enhanced flavor & color.

Based on type, pasta market is segmented into spaghetti pasta, rotini pasta, penne pasta, fettuccine pasta, and others. Based on style type, market is segmented into short style pasts, long style pasta and filled style pasta. Based on product type, market is segmented into dried pasts, canned/preserved pasta, chilled/fresh pasta and others. Dried pasta segment dominates the market owing to its longer shelf-life affordable price, and convenience offered during cooking as well as storing. Based on functionality, market is segmented into vegan, gluten-free, and organic. Based on raw material, market is segmented into barley, wheat, durum wheat semolina, mix, maize, rice and others. Based on distribution channel, market is segmented into discounters, supermarkets, independent small groceries, hypermarkets, online stores and others. Supermarket is expected to exhibit higher growth rate as they provide ample shelf space and an extensive range of products from different bands during the forecast period. The segment also provides convenience to customers in terms of selecting a product from a single place. In addition, based on application, market is segmented into restaurant, residential, airplane & train and others.

The pasta market is driven by rise in preference for easy-to-prepare diet, followed by high nutritional value of the products along with its low sodium content and massive intake of vermicelli, noodles, macaroni, fusilli, and spaghetti and change in tastes of the customers. However, growth in popularity of low-carbohydrate diets may impact the market. Moreover, hectic lifestyles & western influences is a key opportunity for market.

Based on geography, the European region holds major share in pasta market, followed by North-American region owing to high intake of the product in various countries in the region. The Asian-Pacific region is likely to exhibit higher growth rate due to rise in consumption of processed & convenience food products in growing economies and growth in demand for ready to eat food products over the forecast period. The global market is estimated to grow at a CAGR of approximately 1.9% over the next five years, will reach US $1089.1 million in 2024, from US $1011.4 million in 2019.

For More Information, click on the link below:-

Global Pasta Market Research Report

Related Reports:-

Global Fresh Pasta Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

ankur@kenresearch.com

+91-9015378249

RELATED ARTICLES

Vending Machine Market Size and Share and Forecast to 2032

The global vending machine industry, valued at USD 18.3 billion in 2022, is projected to reach USD 37.2 billion by 2032, exhibiting a steady...

Packaged Food Market Size, Share & Forecast to 2028

The Packaged Food market stands at the forefront of the global culinary landscape, a bustling industry valued at a staggering USD 2.44 trillion in...

Exploring the Dynamics of the Cooking Oil Market

In the ever-evolving realm of culinary delights, the Cooking Oil Market stands as a central player, shaping both traditional and modern kitchens around the...

Most Popular

Hybrid Vehicle Market Size, Share, Growth Analysis

The automotive industry is in the midst of a transformative era, and one of the key players driving change is the Hybrid Vehicle Market....

Energy Drinks: Soaring Market, Shifting Trends & Future Outlook (USD 60.8 Billion, CAGR 8.51%)

Energy drinks have become a staple for many, providing a quick energy boost to power through busy days or intense workouts. The energy drink...

The Animal Care Industry Growth, Revenue and Statistical Insights

The animal care market is a vital component of global welfare, ensuring the health and well-being of animals across various sectors, including agriculture, companion...

How Effective Are Real Estate Consultancy Services?

In the dynamic realm of real estate, navigating the complexities of the global market requires expertise and insight. Real estate consultancy serves as a...