IMARC Group, a leading market research company, has recently releases report titled “Pasta Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, The study provides a detailed analysis of the industry, including the global pasta market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the pasta market?
| Report Attributes | Details |
| Market Size in 2022 | US$ 22.8 Billion |
| Market Forecast in 2028 | US$ 25.8 Billion |
| Growth rate (2023 to 2028) | CAGR of 1.5% |
| Base Year of the Analysis | 2022 |
| Forecast Period | 2023-2028 |
What is pasta?
Pasta is traditionally made from an unleavened dough of wheat flour mixed with eggs and water and formed into sheets, then cooked by baking or boiling. It is a classic food of Italian cuisine that is widely served with meat, soup, sauce, and vegetables. Spaghetti, tagliolini, fusilli, capellini, bucatini, and macaroni are some of the commonly available product variants. It is an excellent source of fiber, protein, and carbohydrates with low sodium and cholesterol contents, which is why it is widely preferred by health-consciousness consumers. Currently, pasta is sold in dried, canned, and fresh types.
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What are the growth prospects and trends in the Pasta industry:
The easy product availability through offline and online organized distribution channels represents one of the key factors providing a significant boost to the market growth. The changing lifestyle and rising working populace have considerably facilitated the demand for convenience food products, such as pasta, which is creating a positive outlook for the market. In line with this, the key players are investing heavily in advanced technology to introduce gluten-free and vegan pasta variants to increase their consumer base, which is boosting the market growth. Furthermore, the rapid expansion of Italian restaurants and food joints and surging consumer per capita income are accelerating the market growth. Other factors, such as the rising popularity of international cuisines, are positively contributing to the market growth.
Who are the key players operating in the industry?
The report covers the major market players including:
- Barilla Holding
- Grupo Ebro Puleva
- Nestle
- De Cecco
- Makfa
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Product Type:
- Dried Pasta
- Chilled/Fresh Pasta
- Canned/Preserved Pasta
- Others
Breakup by Raw Material:
- Durum Wheat Semolina
- Wheat
- Mix
- Barley
- Rice
- Maize
- Others
Breakup by Distribution Channel:
- Supermarkets
- Hypermarkets
- Discounters
- Independent Small Groceries
- Online Stores
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Turkey, South Africa, Others)
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