The global pasta market was valued at 13 (USD Billion) in 2019 and is expected to grow to 16 (USD Billion) by 2025, at a CAGR of roughly 2.9% between 2019 and 2025. The research provides an appraisal and analysis of the global and regional pasta markets. The study provides an in-depth analysis of industry rivalry, restraints, sales projections, opportunities, present and developing trends, and industry-validated market numbers. The research provides historical data from 2016 to 2018, as well as a projection based on value from 2019 to 2025. (USD Billion).
Pasta has been identified as a component of healthy meals throughout Latin America and the Mediterranean areas. The dish is a delicious and popular supper among families all over the world, and it also acts as a fundamental functional food. It also contains a big variety of nutritional supplements and has therapeutic effects on an individual’s health. According to an NCBI study on the relationship between pasta consumption and BMI and waist-to-hip ratio, pasta consumption had no impact on the health of people living in the Mediterranean region, nor did it raise their obesity.
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Market Growth Factors:
With a high consumption of pasta in the United States, no impact on obesity levels of individuals will drive market expansion over the projected timeline. Aside from that, when pasta is cooked correctly, it has a low glycemic index and can significantly contribute to an individual’s contentment. Furthermore, when combined with tomato products, pasta provides a significant dose of dietary lycopene. This will broaden the market’s scope in the next years.
Furthermore, epidemiologic studies have revealed a reduction in the occurrences of heart disease, cancer, obesity, and diabetes when foods high in phytochemicals are ingested with pasta. Pasta also aids in the reduction of chronic degenerative diseases and improves the nutritious content of the diet. All of the aforementioned causes are expected to drive the rise of the pasta sector in the future years.
Key players profiled in the pasta industry include Strom Products Ltd., Nissin Foods Holdings Co. Ltd., Armanino Foods of Distinction Inc., General Mills, ConAgra Foods Inc., Campbell Soup Company, American Italian Pasta Company, Fiori-Bruna Pasta Products.
The report segments the global pasta market as follows:
By Raw Material
Durum Wheat Semolina
By Product Raw Materials
By Distribution Channel
Independent Small Groceries
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