PUBLISHER: TechNavio | PRODUCT CODE: 1491430
PUBLISHER: TechNavio | PRODUCT CODE: 1491430
The pasta market is forecasted to grow by USD 7752.8 mn during 2023-2028, accelerating at a CAGR of 3.6% during the forecast period. The report on the pasta market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased demand for instant pasta, expansion of retail landscape, and growing demand for international cuisine.
Technavio's pasta market is segmented as below:
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 3.43% |
CAGR | 3.6% |
Incremental Value | $7752.8mn |
By Product
By Distribution Channel
By Geographical Landscape
This study identifies the increasing demand for local flavors and varieties as one of the prime reasons driving the pasta market growth during the next few years. Also, prominence of health and wellness pasta and growing prominence of private labels will lead to sizable demand in the market.
The report on the pasta market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading pasta market vendors that include 8TH Avenue Food and Provisions, Archer Daniels Midland Co., Barilla G. e R. Fratelli Spa, Catelli Foods Corp, Ebro foods SA, F. Divella Spa, F.lli De Cecco di Filippo SpA, ITC Ltd., JSC MAKFA, Nestle SA, Newlat Food SpA, Prairie Harvest Canada Ltd., Rana USA Inc., Slendier, The Kraft Heinz Co., TreeHouse Foods Inc., Ugo Foods Group Ltd., and Unilever PLC. Also, the pasta market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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