Global Pasta Market – Size, Outlook, Trends and Forecast (2024

Global Pasta Market - Size

Study Period

2018 - 2030

Base Year For Estimation

2023

Forecast Data Period

2024-2030

Historical Data Period

2018-2021

CAGR

7 %

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

Pasta is a variety of food which having different taste and made up of unleavened dough of a durum wheat flour. Pasta is a quickly made food which gives healthy carbohydrates which gives energy to humans. Pasta products are mixed with different kind of sauces and give several tastes which are liked by many people. 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.

Global Pasta Market Size & Growth:

Pasta market was valued to be nearly $19.52 billion in 2017 and is projected to reach over $28.86 billion by the end of 2025 with a CAGR of almost 5.02% during the forecasting period. Increasing number of the pasta consuming population is driving the growth of the pasta 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. Increase in the use of pasta products in society drive pasta market growth over the forecast period. 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 global pasta market is witnessing many new product launches, mergers and acquisitions, and the partnership between the global players. Lack of awareness about

Global Pasta Market - Growth

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

pasta products among people, and demand for raw materials are rapidly growing; it is restricting the growth of pasta market.

Global Pasta Market Share:

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 several 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 significant market which leads to the growth of pasta market. Growing income

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Global Pasta Market - Porter's Five Force Analysis

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

of middle-class population that need to meet demand-supply gap has fuelled the growth of the pasta market.

Regarding geography, Europe is predicted to be a dominant market in the pasta market in 2017. UK, Germany is the prime consumers in the pasta market in the Europe region. Also, the region has the significant pasta production in the world and consequently produces high demand for pasta products. Europe is said to be the fastest growing market as well, regarding pasta owing to the increasing demand for food products in the region.

Global Pasta Market Trends:

Feb 2018, Campbell Soup Company released SpaghettiOs® organic original continues to bring smiles to mealtime by crafting your family’s favourite o-shaped pasta.
June 2017, Barilla released SMOKED SALMON PASTA SALAD it is a gluten free pasta.

Global Pasta Market Research Report:

An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
To have a complete market analysis through industry value chain analysis, Porter’s five, PESTLE, SWOTanalysis, and Y-o-Y analysis.
Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year–On–Year
Identifying DROC in the current market and their impact on altering the market dynamics.
Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial analysis with significant competitors.
Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
Identify the latest developments, market shares and strategies that are employed by the major market players, such as
- Campbell Soup Company
- Strom Products Ltd
- Nissin Foods Holdings
- Barilla
- BCH Limited

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