Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 70.10 Billion | USD 86.02 Billion | 2.3% | 2023 |
According to a report from Zion Market Research, the global Pasta Market was valued at USD 70.10 Billion in 2023 and is projected to hit USD 86.02 Billion by 2032, with a compound annual growth rate (CAGR) of 2.3% during the forecast period 2024-2032.
This report explores market strengths, weakness, opportunities, and threats. It also provides valuable insights into the market's growth drivers, challenges, and the future prospects that may emerge in the Pasta industry over the next decade.
Pasta has been identified as a constituent of healthy meals in Latin America and Mediterranean regions. The dish is a delicious & favorite meal of families across the globe and serves as a key functional food. It also possesses a large number of nutritive supplements and has positive therapeutic effects on the health of an individual. As per NCBI study on the relation between pasta intake with BMI and waist-to-hip ratio, the consumption of pasta did not impact the health of the persons residing in the Mediterranean region nor did it increase their obesity.
With a high intake of pasta in the U.S. due to its, no impacts witnessed on obesity levels of individuals will steer the market growth over the forecast timeline. Apart from this, after the pasta is cooked correctly it can possess a low glycemic index and can be contributed majorly towards the satisfaction of an individual. Furthermore, after the pasta is consumed with tomato products it offers a high source of dietary lycopene. This will expand the market scope over the forecasting years.
Moreover, epidemiologic evidence has unleashed the intake of foods enriched in phytochemicals consumed with pasta displaying a reduction in the cases of heart ailments, cancer, obesity, and diabetes. In addition to this, pasta also helps in reducing chronic degenerative ailments and raises the nutrient quality of the diet. All these aforementioned factors are anticipated to steer the expansion of the pasta industry over the forthcoming years.
Report Attributes | Report Details |
---|---|
Report Name | Pasta Market |
Market Size in 2023 | USD 70.10 Billion |
Market Forecast in 2032 | USD 86.02 Billion |
Growth Rate | CAGR of 2.3% |
Number of Pages | 110 |
Key Companies Covered | Strom Products Ltd., Nissin Foods Holdings Co. Ltd., Armanino Foods of Distinction Inc., General Mills, ConAgra Foods Inc., Campbell Soup Company, American Italian Pasta Company, and Fiori-Bruna Pasta Products |
Segments Covered | By Raw Material, By Product Type, By Application And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The growth of the regional market over the forecast period is owing to a huge intake of pasta in European countries. Additionally, an increase in per capita sales of the product in Europe will spearhead the growth of the pasta industry in the European region over the forecast period.
The global pasta market is led by players like:
By Raw Material
By Product Raw Materials
By Distribution Channel
By Region
FrequentlyAsked Questions
Pasta is a traditional Italian dish that is prepared by combining wheat flour (typically durum wheat), water, and occasionally eggs. The dough is then shaped into a variety of sizes and shapes. It is generally prepared by boiling and accompanied by a diverse selection of condiments, vegetables, meats, or cheeses. Pasta is a staple cuisine in numerous cultures and is renowned for its simplicity, versatility, and capacity to complement a diverse array of flavors.
The growing demand for healthier food options is resulting in the development of fortified, gluten-free, and whole grain pasta products, which are designed to meet the needs of consumers seeking nutritious alternatives.
According to a report from Zion Market Research, the global Pasta Market was valued at USD 70.10 Billion in 2023 and is projected to hit USD 86.02 Billion by 2032.
According to a report from Zion Market Research, the global Pasta Market a compound annual growth rate (CAGR) of 2.3% during the forecast period 2024-2032.
The growth of the regional market over the forecast period is owing to a huge intake of pasta in European countries. Additionally, an increase in per capita sales of the product in Europe will spearhead the growth of the pasta industry in the European region over the forecast period.
Key players profiled in the pasta industry include Strom Products Ltd., Nissin Foods Holdings Co. Ltd., Armanino Foods of Distinction Inc., General Mills, ConAgra Foods Inc., Campbell Soup Company, American Italian Pasta Company, and Fiori-Bruna Pasta Products.
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