Pasta has been known as a constituent of healthy meals famous in Latin America and also in Mediterranean regions. The dish is quite delicious & favorite meal of families across North & South America, Europe, and other regions. It also contains a large number of nutritive supplements and also has positive therapeutic effects on human health. Pasta is an ideal companion for such other food items, including fish, lean meats &poultry, beans & vegetables, rich tomato sauce, and cheese. The pasta market is likely to be driven due to its growing popularity across the globe. Pasta, though an Italian staple food, is nowadays an extremely popular preparation found in different parts of the world.
MARKET DYNAMICS
The pasta market has witnessed a significant growth owing to factors such as wider product availability such as spaghetti, penne, fettuccine, and others. Pasta is available in both dry and fresh form. Market players, with their innovative product offerings, are contributing to the market growth for pasta globally. Organic, gluten-free, and vegan pasta is also available in the global market through various distribution networks, including supermarkets and hypermarkets, convenience stores, online stores, and others. The growth of the regional market over the forecast period is owing to a huge intake of pasta in European countries. Small and large manufacturers are now experimenting of making pasta with different ingredients ranging from chickpea flour and rice flour to tomato, spinach, carrot, or beet juices and different herbs and spices for enhanced flavor and color. This is further influencing the growth of the pasta market. However, fluctuating prices of raw materials may hamper the growth of the pasta market. Nevertheless, with the steady growth in the food processing industry and agriculture industry, there are opportunities for the market players to invest in this market.
MARKET SCOPE
The "Global Pasta Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the pasta market with detailed market segmentation by form, functionality, distribution channel, and geography. The global pasta market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading pasta market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global pasta market is segmented on the basis of form, type, ingredient, functionality, and distribution channel. On the basis of form, the pasta market is segmented dried and fresh. The pasta market on the basis of the functionality is classified into organic, gluten-free, and vegan. On the basis of distribution channel, global pasta market is bifurcated into supermarkets and hypermarkets, convenience stores, online stores, and others. On the basis of ingredient, the pasta market is segmented wheat, rice, maize, chickpea, and others. Based on type, global pasta market is bifurcated into spaghetti, penne, fettuccine, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global pasta market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The pasta market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the pasta market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the pasta market in these regions.
MARKET PLAYERS
The reports cover various key developments in the global pasta market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from pasta market are anticipated to lucrative growth opportunities in the future with the rising demand for pasta in the global market. Below mentioned is the list of few companies engaged in the pasta market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the pasta market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Ajinomoto Co., Inc.
- Armanino Foods of Distinction Inc.
- Campbell Soup Company
- Capital Foods Limited
- ConAgra Foods, Inc.
- Fiori-Bruna Pasta Products
- ITC Limited
- Nestl? SA
- Nissin Foods Co., Ltd
- The Unilever Group
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.