Pasta Market Growth, Key Trends & Factor Driving Industry till 2030

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Pasta Market Growth, Key Trends & Factor Driving Industry till 2030

Global Pasta Market Overview and Insights:

Pasta Market research is an ongoing process. Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.

What is the Future Market Size of the Pasta Industry and its Yearly Growth Rate?

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., 2025-30. The pasta market is experiencing growth due to several key factors, including a growing desire for international cuisine, increased global consumption of Italian pasta products, rising demand for shelf-stable packaged goods, and evolution within the food service industry.

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Who are the Main Competitors Driving the Global Pasta Market Forward?

The prominent players essentially operating in the Pasta Market are as follows:

  • 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

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.

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What is the Segmentation of the Global Pasta Market?

The Pasta market covered in this report is segmented –

  • By Type
    • Dried- Market Size Forecast 2020-2030, USD Million
    • Fresh- Market Size Forecast 2020-2030, USD Million
    • Instant- Market Size Forecast 2020-2030, USD Million

Dried pasta holds the major share of the Pasta Market, driven by several factors that contribute to its widespread popularity and consumption. Dried pasta's shelf stability and convenience make it a popular pantry staple worldwide.

  • By Raw Material
    • Durum Wheat- Market Size Forecast 2020-2030, USD Million
    • Semolina- Market Size Forecast 2020-2030, USD Million
    • Rice- Market Size Forecast 2020-2030, USD Million
    • Refined Flour- Market Size Forecast 2020-2030, USD Million
    • Soy- Market Size Forecast 2020-2030, USD Million
    • Others (Buckwheat, Oats, etc.)- Market Size Forecast 2020-2030, USD Million
  • By Nature
    • Organic- Market Size Forecast 2020-2030, USD Million
    • Conventional- Market Size Forecast 2020-2030, USD Million
  • By Product
    • Long Style Pasta- Market Size Forecast 2020-2030, USD Million
      • Spaghetti- Market Size Forecast 2020-2030, USD Million
      • Fettuccine- Market Size Forecast 2020-2030, USD Million
      • Others (Linguine, Angel Hair, etc.)- Market Size Forecast 2020-2030, USD Million
    • Short Style Pasta- Market Size Forecast 2020-2030, USD Million
      • Penne- Market Size Forecast 2020-2030, USD Million
      • Macaroni- Market Size Forecast 2020-2030, USD Million
      • Others (Elbows, Farfalle, etc.)- Market Size Forecast 2020-2030, USD Million
    • Filled Style/Stuffed Pasta- Market Size Forecast 2020-2030, USD Million
  • By End-Users
    • Households- Market Size Forecast 2020-2030, USD Million
    • Restaurants Food Service- Market Size Forecast 2020-2030, USD Million
    • Travel Hospitality- Market Size Forecast 2020-2030, USD Million
    • Others- Market Size Forecast 2020-2030, USD Million
  • By Packaging Type
    • Packets/Pouches- Market Size Forecast 2020-2030, USD Million
    • Boxes- Market Size Forecast 2020-2030, USD Million
  • By Sales Channel
    • Online Channel- Market Size Forecast 2020-2030, USD Million
    • Offline Channel- Market Size Forecast 2020-2030, USD Million
      • Supermarkets/Hypermarkets- Market Size Forecast 2020-2030, USD Million
      • Convenience Stores- Market Size Forecast 2020-2030, USD Million
      • Others (Independent Small Groceries, Departmental Stores, etc.)- Market Size Forecast 2020-2030, USD Million
    • By Region
      • North America
      • South America
      • Europe
      • The Middle East Africa
      • Asia-Pacific

Key Questions Answered in the Research Report

  1. What is the predicted Pasta market size and growth rate for the years 2025-30?
  2. What challenges are restricting the growth of the Pasta market?
  3. Which segment accounted for the largest market share in the Pasta market?
  4. Which prominent companies are leading growth in the Pasta market?
  5. In what formats does Markntel Advisors deliver the concerned report descriptions?
  6. How long does it take for customers to receive the reports provided by Markntel Advisors?
  7. Does Markntel Advisors provide customized reports?

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