The Pasta Market is being driven by Increased demand for instant pasta
The Pasta Market is expected to grow at a CAGR of 3.7% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 8235.9 million. In the global pasta market, consumer preferences for pasta dishes vary significantly by region due to cultural influences and ingredient availability. For instance, Mexican consumers have adopted pasta as a staple, but prefer to incorporate local ingredients such as chilis to create unique and authentic dishes. Similarly, Chinese and Indian consumers opt for Eastern flavor pasta, utilizing local ingredients due to the scarcity of traditional Italian pasta ingredients. Conversely, Italians exhibit a diverse palate for pasta, with regional preferences such as Calabrian Lasagna, pasta with sardines in Sicily, and Ciceri e Tria in Puglia. These regional preferences underscore the importance of catering to diverse consumer tastes in the pasta market.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
250 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 3.7% |
Market growth 2025-2029 |
USD 8235.9 million |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
3.5 |
Key countries |
US, Italy, Germany, France, UK, Canada, China, Brazil, Japan, and India |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The pasta market caters to diverse consumer preferences, offering ready-to-cook foods that align with health-consciousness. Durum wheat semolina pasta is rich in B vitamins, iron, and dietary fiber, providing energy. Long shelf life makes it a popular choice for Western food consumption patterns. With growing awareness, plant-based food products, including organic wheat from brands like Bona Furtuna, are gaining traction. Rigatoni, casarecce, linguini, fettuccini, and more are now available as vegan options. Food habits are shifting, with a rise in plant-based dishes due to increasing awareness of celiac disease and meat processing industries. Dried pasta production continues to thrive, meeting the demands of various dietary needs and lifestyles.
The packaged foods and meats market encompasses vendors engaged in food processing to ensure food safety and increase product longevity. According to Technavio, the market's size is determined by the consolidated revenue of participating companies. This market segment excludes equipment manufacturers and beverage producers. Key growth drivers for the global packaged foods and meats industry include the health benefits linked to consuming minimally processed foods, such as ready-to-cook pastas made from durum wheat semolina, which are rich in B vitamins and iron, catering to health-conscious consumers' preferences.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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