MarkNtel Advisors, a leading market research firm, has showed its latest study titled "Global Pasta Market", offering a detailed industry overview and market perspective. This comprehensive research provides insights into the current state of the market, highlighting recent advancements and emerging trends.
The report combines in-depth quantitative analysis with qualitative analysis; it ranges from macro-overviews of the overall market size, industry chain, and market dynamics to micro details of segment markets. This, as a result, provides a thorough overview of the industry under study as well as a profound understanding of all of its important features.
Analysis and Insights into the Global Pasta Market: 2024-2030
The Global Pasta Market size was valued at around USD 48.5 billion in 2023 and is projected to reach around USD 92.6 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 6.8% during the forecast period, i.e., 2024-30.
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Global Pasta Market Driver:
A Surge in Demand for Convenient Foods Boosting Market Growth – The rising demand for convenience foods is a significant factor contributing to the growth of the pasta industry. This is attributed to several socio-economic and lifestyle changes that have influenced consumer behavior. In today's fast-paced world, people lead increasingly busy lives with little time to spare for cooking. Pasta, being a convenient and quick meal option, fits perfectly into the lifestyles of those who have limited time to prepare meals. Pasta is known for its ease of preparation, as it requires minimal cooking skills. This convenience factor appeals to a larger population worldwide.
In addition, pasta is seen as one of the most affordable meal options, especially when compared to other convenient foods. Its affordability makes it an attractive choice for budget-conscious consumers. According to the National Pasta Association, the average price an American pays for pasta is about USD 1.45 per pound every year. This shows the affordability of pasta worldwide.
Global Pasta Market Segmentation:
The Global Pasta Market is categorized in to different segments. Analyzing growth across these segments enables a comprehensive understanding of key growth areas within the industry. This segmentation provides valuable market insights, empowering stakeholders to make strategic decisions and identify primary market applications effectively.
By Type
-Dried- Market Size Forecast 2019-2030, USD Million
-Fresh- Market Size Forecast 2019-2030, USD Million
-Instant- Market Size Forecast 2019-2030, USD Million
By Raw Material
-Durum Wheat- Market Size Forecast 2019-2030, USD Million
-Semolina- Market Size Forecast 2019-2030, USD Million
-Rice- Market Size Forecast 2019-2030, USD Million
-Refined Flour- Market Size Forecast 2019-2030, USD Million
-Soy- Market Size Forecast 2019-2030, USD Million
-Others (Buckwheat, Oats, etc.)- Market Size Forecast 2019-2030, USD Million
By Nature
-Organic- Market Size Forecast 2019-2030, USD Million
-Conventional- Market Size Forecast 2019-2030, USD Million
By Product
-Long Style Pasta- Market Size Forecast 2019-2030, USD Million
-Spaghetti- Market Size Forecast 2019-2030, USD Million
-Fettuccine- Market Size Forecast 2019-2030, USD Million
-Others (Linguine, Angel Hair, etc.)- Market Size Forecast 2019-2030, USD Million
-Short Style Pasta- Market Size Forecast 2019-2030, USD Million
-Penne- Market Size Forecast 2019-2030, USD Million
-Macaroni- Market Size Forecast 2019-2030, USD Million
-Others (Elbows, Farfalle, etc.)- Market Size Forecast 2019-2030, USD Million
-Filled Style/Stuffed Pasta- Market Size Forecast 2019-2030, USD Million
By End-Users
-Households- Market Size Forecast 2019-2030, USD Million
-Restaurants Food Service- Market Size Forecast 2019-2030, USD Million
-Travel Hospitality- Market Size Forecast 2019-2030, USD Million
-Others- Market Size Forecast 2019-2030, USD Million
By Packaging Type
-Packets/Pouches- Market Size Forecast 2019-2030, USD Million
-Boxes- Market Size Forecast 2019-2030, USD Million
By Sales Channel
-Online Channel- Market Size Forecast 2019-2030, USD Million
-Offline Channel- Market Size Forecast 2019-2030, USD Million
- Supermarkets/Hypermarkets- Market Size Forecast 2019-2030, USD Million
- Convenience Stores- Market Size Forecast 2019-2030, USD Million
- Others (Independent Small Groceries, Departmental Stores, etc.)- Market Size Forecast 2019-2030, USD Million.
Geographical Analysis into the Global Pasta Market:
- North America
- South America
- Europe
- The Middle East Africa
- Asia-Pacific
Read Detailed Index of full Research Study at – https://www.marknteladvisors.com/research-library/pasta-market.html
Competitive Landscape and Global Pasta Market Share Analysis:
The competitive landscape of the Global Pasta Market includes comprehensive details about competitors. These details encompass company overviews, financial performance, revenue generation, market potential, investments in research and development, new market strategies, production facilities, strengths and weaknesses, product launches, ongoing trials, approvals, patents, product range, dominant applications, and technology life cycle.
The report features major players including:
BambinoAgro, Del Monte Foods Pvt. Ltd., MTR Foods Pvt. Ltd., Ancient Harvest (Quinoa), Ebro Foods Brand, Unilever (Knorr Pasta), Nestle Foods (Maggi Pazzta), GOODLES, Barilla Group, Armanino Foods, General Mills, Newlat Food, De Cecco, Pasta Lensi, MAKFA, Fratelli Minaglia, Others.
Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address.
Questions Addressed in this Study
- What factors are driving the Global Pasta Market growth?
- How is the Global Pasta Market expected to grow over the next five years?
- What are the key insights into the current trends in the Global Pasta Market?
- What is the current size of the Global Pasta Market, and how is it projected to change in the future?
- What is the future outlook for the Global Pasta Market in terms of technological advancements and market expansion?
Why choose MarkNtel?
MarkNtel Advisors is a leading market research company, consulting, data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial varied client base, including multinational corporations, financial institutions, governments, individuals, among others.
Our specialization in niche industries emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing forecasting, trend analysis, among others, for 15 diverse industrial verticals.
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