Food which made up of a durum wheat flour is known as pasta; it is a variety of food having different taste. Pasta gives healthy carbohydrates which give energy to humans, and it is a quickly made food. Due to a change in lifestyle, food habits also varied thus demand pasta products is rapidly increased and leads to the growth of the pasta market. These pasta products are mixed with different kind of sauces and give several tastes which are liked by many people.
Asia Pacific Pasta Market Size & Growth:
Asia Pacific Pasta Market was valued to be nearly $xx Billion in 2017 and is projected to reach over $xx Billion by the end of 2025 with a CAGR of almost xx% during the forecasting period. Increasing number of the pasta consuming population is driving the growth of the market. As growing industrialisation in the food production business and changing food habits of customers, creating demand for food with specific texture and flavour has indirectly increased the sales pasta market. Increasing demand for a variety of food consuming population is the primary driver which leads to the growth of the pasta market. Growing awareness against the excessive use of different kind of sauces in pasta products has caused the government to have stringent regulations. With the growing demand from the burgeoning population, the APAC pasta market is witnessing many new product launches, mergers and acquisitions, and partnership between the APAC players. Lack of awareness about pasta products among people, and demand for raw materials are rapidly
Asia Pacific Pasta Market Share:
Asia Pacific Pasta Market share is classified by type, by raw materials type, by distribution, by geography. Regarding type dried pasta is the leading the type segment concerning consumption. Dried pasta is the largest market which leads to the growth of the pasta market during the forecast period. Dried pasta is mainly obtained from wheat; these can be combined in different kinds of sauces to suit every taste and to remedy the deficiency of wheat regarding a few necessary amino acids.
Regarding raw materials, durum wheat semolina is the largest market which leads to the growth of the pasta market during the forecast period. Durum wheat semolina is a verity of wheat, it is a hard wheat product, and it contains high proteins. It is used to make all types of pasta because when it is mixed with water, it is easy to roll into different shapes of pasta.
Concerning the distribution of the supermarkets and online play a vital role in the growth of the market. Supermarkets are the largest segment due to the increase in population, and hence the demand for pasta is increased, which in turn has led to the growth of the pasta market. Online is the fastest growing market in cities, due to works many of them are not having sufficient time to get their needs, so online market is a
Regarding geography, APAC is predicted to be a dominant market in the pasta market in 2017. China, Japan are the prime consumers in the pasta market in the APAC region. Also, the region has the significant pasta production in the world and consequently produces high demand for pasta products. APAC is said to be the fastest growing market as well, regarding pasta owing to the increasing demand for food products in the region.
Asia Pacific Pasta Market Trends:
Asia Pacific Pasta Market Research Report:
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Starting from $2700
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