According to the latest report by IMARC Group, titled “Pasta Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global market reached a value of US$ 22.3 Billion in 2021. Looking forward, IMARC Group expects the global pasta market to reach US$ 23.5 Billion by 2027, exhibiting a CAGR of 1.04% during 2022-2027.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Pasta is generally prepared from unleavened dough, which is a mixture of eggs, water and flour. It is a staple food of Italian cuisine that is widely served with soup, sauce, meat, and vegetables. Some of the popular pasta variants include spaghetti, fusilli, penne, ravioli, rigatoni and linguine, which are usually available in different sizes and shapes. Due to the easy product availability through online and offline organized distribution channels, pasta is gaining widespread prominence across the globe. Additionally, it is a rich source of protein, carbohydrates and fiber with low sodium and cholesterol contents, due to which it is widely preferred by health-consciousness consumers.
Global Pasta Market Trends:
The global market is primarily driven by the rising preference for convenience foods among the masses. Moreover, the changing dietary patterns of individuals, along with the inflating disposable income levels of individuals, are providing a boost to the sales of pasta across the globe. In line with this, the shifting lifestyle preferences and hectic schedules led by working professionals are creating a positive outlook for the market. Additionally, leading players are heavily investing in the introduction of gluten-free and vegan pasta variants, which is favorably impacting the market growth. Furthermore, continuous improvements across the e-commerce sector and the proliferation of Italian restaurants and food joints are also providing an impetus to the market growth. Apart from this, increasing investments by key players for developing robust marketing strategies and promotional campaigns are contributing to the market growth. Other factors, including the increasing popularity of international cuisines on the global level and the widespread deployment of automation in the production process, are further projected to drive the market growth.
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Pasta Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape with Key Players:
The competitive landscape of the global pasta market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Barilla Holding
- Grupo Ebro Puleva
- Nestle
- De Cecco
- Mafka
Key Market Segmentation:
The report has segmented the global pasta market on the basis of key regions, product type, raw material and distribution channel.
Performance of Key Regions:
- Europe
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Breakup by Product Type:
- Dried Pasta
- Chilled/Fresh Pasta
- Canned/Preserved Pasta
- Others
Breakup by Raw Material:
- Durum Wheat Semolina
- Wheat
- Mix
- Barley
- Rice
- Maize
- Others
Breakup by Distribution Channel:
- Supermarkets
- Hypermarkets
- Discounters
- Independent Small Groceries
- Online Stores
- Others
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Industry Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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