DUBLIN, Feb. 19, 2024 /PRNewswire/ — The “Global Pasta Market, Size, Forecast 2024-2030, Industry Trends, Share, Growth, Insight, Impact of Inflation, Company Analysis” report has been added to ResearchAndMarkets.com’s offering.
The Global Pasta Market is anticipated to be worth round $35.08 Billion by 2030 from $26.87 Billion in 2023, growing at a CAGR of 3.88% from 2024-2030
The worldwide trend of urbanization considerably influences the surging recognition of pasta. The growing attention of human beings in urban areas amplifies the demand for this cherished dish, as city dwellers prioritize convenient and clean-to-positioned-collectively food amidst their fast-paced lives. Pasta’s versatility and affordability makes it a staple in households the world over.
Its adaptability to numerous cuisines complements its attraction, catering to the options of a several consumer base. As cities lifestyles maintains to form nutritional picks, pasta emerges as a cross-to option, seamlessly aligning with the desire for quick, handy, and price effective culinary solutions.
Moreover, consumers’ heightened health reputation has propelled complete wheat pasta into choose, acknowledged for its perceived fitness blessings as compared to unique carbohydrate assets. Rich in fiber, it aids digestion, weight management, and blood sugar control, imparting vital nutrients like iron, magnesium, and B vitamins.
Customers increasingly opt for pasta as disposable income surge, appreciating its versatility, affordability, and health capability when paired with nutrient-wealthy substances. Pasta’s inherent benefits encompass being low in fats and energy, a splendid supply of protein (particularly complete-wheat variations), and being rich in iron, that is important for oxygen delivery in the body. Its low glycemic index aids blood sugar control, making it a prudent preference for those with diabetes or pre-diabetes.
Further, pasta, a culinary cornerstone throughout numerous cultures, maintains its upward trajectory in international recognition. Further, pasta, a culinary cornerstone throughout several cultures, continues its upward trajectory in international reputation. According to the International Pasta Organization (IPO), global pasta consumption is anticipated to acquire 19.5 million metric tons in 2023, with capita consumption of 7.0 kg.
The surge in whole-wheat pasta’s popularity as a healthier option contributes to this increase. Beyond traditional editions, there is a rising demand for specialty pasta and gluten-loose, vegan, and organic alternatives. Notably, pasta is evolving beyond conventional arrangements, finding a place in healthier culinary creations like salads and soups, reflecting an adaptable and enduring enchantment.
Chilled or fresh pasta is experiencing a substantial growth within the global pasta market
By Type, the Global Pasta Market is divided into Dried Pasta, Chilled/Fresh Pasta, Canned/Preserved Pasta, and Others. The increase in the pasta market can be attributed to converting customer choices closer to fresher, top rate, and convenience driven culinary experiences. The demand for time-efficient, ready-to-prepare dinner options is rising in a fast-paced world.
Fresh pasta aligns with this trend, offering a higher quality and proper taste than dried options. Also, it caters to the growing interest in gourmet and artisanal meals reports. The perceived fitness advantages of brisker components contribute to the recognition of chilled pasta, as consumers numbers are increasing in search of nutritious, minimally processed options, fostering a dynamic thriving segment in the worldwide pasta market.
Semolina holds the most important market percentage of the worldwide pasta market due to its unique properties and traits, making it ideal for pasta manufacturing
The Global Pasta Market is categorized into Semolina, Refined Flour, and Others by raw materials. Semolina, derived from durum wheat and renowned for its high gluten content material, performs a pivotal characteristic in shaping the characteristics of pasta. The protein-rich gluten gives elasticity and strength to the pasta, making sure it maintains its shape and resists becoming delicate during cooking.
The coarse granular texture of semolina contributes to pasta’s smooth, al dente quality, facilitating most useful sauce absorption and enhancing simple flavor. Its firmness and immoderate gluten content permit pasta to preserve its form, accommodating several forms, from lengthy strands to tricky shapes. Semolina’s impartial flavor adapts seamlessly to multiple sauces, while its nutritional profile, consisting of carbohydrates, protein, and fiber, contributes to its appeal. With a prolonged shelf existence compared to other flours, semolina-based pasta sticks out as a flexible, nutritious, and shelf-stable culinary choice.
Discounters Distribution Channel has established a strong presence in the global pasta market
Distribution channels break up the Global Pasta Market into Super Market Hyper Markets, Discounters, Independent Small Grocers, Online, and Others. Discount retailers deliberately offer pasta at lower prices than conventional stores, appealing to cost-conscious consumers, particularly those in lower-income regions.
Featuring cost-effective personal label brands, those retailers keep quality while streamlining operations and passing on savings. Strategically located in price-aware areas, their efficient models limit expenses, allowing for competitive pricing. Overcoming poor perceptions, discounters now emphasize value and comfort, expanding their customer base. Bulk offerings and seasonal promotions fortify market presence, significantly impacting universal pasta income and market proportion.
China has emerged as a leading player in the global pasta market
There has been a significant increase in the demand for pasta in China, especially among the younger generation adopting Western food trends. This can be attributed to the country’s economic growth, rising incomes, and the convenience that pasta provides for busy urban lifestyles. The influence of Western food culture, further amplified by fast-food chains and the culinary media, has also contributed to the popularity of pasta in China.
Local manufacturers have adapted their products to cater to local tastes and have invested heavily in production capacity, positioning China as a significant exporter of pasta. Affordable pricing drives widespread adoption, while a health-conscious perception, bolstered by awareness campaigns and whole-wheat variants, elevates pasta’s status in Chinese diets. Renowned for convenience and versatility, pasta is a favored choice for home cooking and dining out.
Scope of the Report
Company Analysis: Overview, Recent Developments, Revenue
Ebro Foods, S.A.
General Mills
Campbell soup company
Conagra foods Inc
Unilever
TreeHouse Foods, Inc (U.S.)
Nestle (Switzerland)
The Kraft Heinz company (U.S)
Types – Global Pasta Market breakup from 4 viewpoints:
Dried Pasta
Chilled/Fresh Pasta
Canned/Preserved Pasta
Others
Raw Materials – Global Pasta Market breakup from 3 viewpoints:
Semolina
Refined Flour
Others
Distribution Channel – Global Pasta Market breakup from 6 viewpoints:
Super Market
Hyper Market
Discounters
Independent Small Grocers
Online
Other
Country – This report covers the 23 countries Pasta Market
North America
United States
Canada
Europe
Germany
United Kingdom
France
Italy
Spain
Switzerland
Turkey
Asia – Pacific
Japan
China
India
South Korea
Malaysia
Indonesia
Australia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Saudi Arabia
United Arab Emirates
South Africa
Rest of the World
For more information about this report visit https://www.researchandmarkets.com/r/j80d75
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Media Contact:
Research and Markets
Laura Wood, Senior Manager
[email protected]
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg
SOURCE Research and Markets
