Lucintel Forecasts the Global Pasta Market to Reach $21.3 billion by 2030
Lucintel Forecasts the Global Pasta Market to Reach $21.3 billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global pasta market looks promising with opportunities in the supermarket, hypermarket, discounter, independent small grocery, and online store markets. The global pasta market is expected to reach an estimated $21.3 billion by 2030 from $19.1 billion in 2023,at a CAGR of 1.8% from 2024 to 2030. The major drivers for this market are increasing trend of adopting diverse cuisines and flavors and growing consumer preferences towards ready-to-cook food options.
A more than 150-page report to understand trends, opportunity and forecast in pasta market to 2030 by product type (dried pasta, chilled/fresh pasta, canned/preserved pasta, and others), raw material (durum wheat semolina, wheat, mix, barley, rice, maize, and others), distribution channel (supermarkets, hypermarkets, discounters, independent small groceries, online stores, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that dried pasta is expected to witness the highest growth over the forecast period due to its growing popularity among consumers owing to its long shelf life, easy storage, low cost, quick preparation time, and adaptability in matching with different sauces and seasonings.
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Europe will remain the largest region over the forecast period due to augmenting trend of plant-based diets among population, growing exportation of Italian pasta to various countries, and expanding introduction of innovative pasta varieties by manufacturers in the region.
Barilla Holding, Grupo Ebro Puleva, Nestle, De Cecco, Makfaare the major suppliers in the pasta market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.comTo get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market &unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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