Pasta Market: Trends and Projections for 2023-2029

Global Pasta Market size was valued at USD 68.59 Bn in 2023 and is expected to reach USD 99.71 Bn by 2030, at a CAGR of 5.49%.

Pasta Market Overview:

Extensive Pasta Market analysis is carried out by attentively monitoring important product positioning and the market framework's top competitors. Key competitors are profiled and their tactics are extensively examined to grasp the competitive perspective of the global Pasta market.

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Market Scope:

This research on the Pasta industry is based on a thorough examination of the market, supported by secondary and primary sources. Market volume is determined by a country-by-country model mapping of Pasta utilizing internal and external private information, as well as relevant patent and regulatory sources.

Pasta Market Dynamics: 

A strong, lightweight, and recyclable material is Pasta. Additionally, it is used to make materials for food packaging as well as consumer items like CD and DVD cases. It is a low-cost, high-strength plastic that may be recycled into materials for home building, used to insulate structures, and be made into sterile disposable cutlery. The market is anticipated to grow over the course of the projected period as a result of the expanding product application scope across various end-use sectors.

The market is being driven by the expanding end markets for Pasta, which include the electronics and construction sectors. The expansion of the Pasta market is being driven by the rising usage of expanded Pasta in building and insulation. The Pasta industry will benefit from the rising construction market. 

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Pasta Market Segmentation:

The Pasta Market is divided into General Purpose Pasta, High Impact Pasta, and Expandable Pasta based on the type of resin used. With a sales share of about 34.2% in 2022, the High Impact Pasta sector has become the dominating resin type category. High Impact Pasta, which is exceptionally durable and resistant to cracking, is used in the molding process. Painting and gluing are simple and inexpensive. It is used to make housing and covers, weak structural elements, printed graphics, models and prototypes, fittings, and other things. Other grades include those with ignition resistance, high gloss, and environment stress crack resistance. The market expansion for Pasta in this niche is driven by these significant advantages.

by Product Type

Dried

Chilled

Canned

Others

The market is divided into four segments based on the kind of product: dried, chilled, canned, and others. During the projected period, dried pasta is anticipated to dominate the market. Compared to other product types like chilled or fresh pasta, dried pasta has a much longer shelf life. Because of its strength, storing it is made easier, which makes it a popular option for both homes and businesses. Supermarkets and grocery stores, among other retail establishments, carry a large selection of dried pasta. Convenient meal options are drawn to it due to its accessibility and convenience of preparation. There is a wide variety of shapes, sizes, and compositions of dried pasta available. This range offers customers a large assortment to pick from, satisfying various gastronomic tastes and cooking styles. 

by Raw Material

Wheat

Gluten-free

Others

by Distribution Channel

Supermarkets/Hypermarkets Convenience Stores

Online Stores

Others

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Key Players:

A team of research professionals updates and amends our data regularly to reflect the most recent trends and facts. To fulfill the needs of both individual and corporate clients, we have substantial competence in research and consulting for a wide range of business disciplines. Our knowledgeable staff uses proprietary data sources as well as a range of additional approaches. The key players in the Pasta business are...

Global

1. Barilla Group (Parma, Italy)

2. De Cecco (Fara San Martino, Italy)

3. Nestle (Buitoni brand) (Vevey, Switzerland)

4. Ebro Foods (Ronzoni, Catelli, Garofalo brands) (Reggio Emilia, Italy)

5. Newlat Food Reggio (Emilia, Italy)

North America

1. TreeHouse Foods (Riviana brand) (Oak Brook, Illinois, USA)

2. Dakota Growers Pasta Company (Carrington, North Dakota, USA)

3. C.F. Mueller Company (New Jersey, USA)

4. Dakota Pasta Growers (Carrington, North Dakota, USA)

5. Philadelphia Macaroni Company (Philadelphia, Pennsylvania, USA)

Regional Analysis:

The study presents regional competitive circumstances. These insights help market participants improve their approaches and provide new opportunities to achieve amazing results.

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COVID-19 Impact Analysis on Pasta Market:

The spread of the COVID-19 pandemic has had a wide-ranging influence on people's lives all around the world. Markets have been forced to adopt new norms, trends, and tactics as a result. Essentially, the study report tries to paint a picture of the market's initial and future projections.

Key Questions Answered in the Pasta Market Report are:

  • What will be the CAGR of the Pasta market during the forecast period?
  • Which segment emerged as the leading segment in the Pasta market?
  • Which are the prominent players in the Pasta market?
  • What will be the Pasta market size by 2027?
  • Which company held the largest share in the Pasta market?

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