Pasta Market is estimated to be US$ 83.65 billion by 2030 with a CAGR of 5.52% during the forecast period

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The Pasta Market, a dynamic and globally influential segment of the food industry, continues to captivate palates worldwide with its diverse range of shapes, flavors, and culinary possibilities. Rooted in traditional Italian cuisine, pasta has evolved into a versatile staple enjoyed across cultures, offering convenient meal options that balance comfort, nutrition, and creativity. With an ever-expanding array of ingredients, production techniques, and innovative recipes, the pasta market remains a cornerstone of culinary innovation and consumer satisfaction.

The report “Pasta Market, By Product Type (Dried pasta, Chilled/fresh pasta, and Canned/preserved pasta), By Distribution Channels (Supermarkets, Hypermarkets, Discounters, and Independent Small Grocers), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030”

Key Highlights:

Banza collaborated with Dan Pashman, the creator of the Castelli pasta shape, in March 2022 to create a chickpea variant. This protein-rich, gluten-free variety will be available online and at Whole Foods stores beginning in March 2022. Bonanza uses chickpea flour instead of wheat flour to make healthier, gluten-free pasta, pizza, and mac and cheese. Banza's pasta has 50% more fiber, three times the protein, and 25% fewer net carbohydrates than regular pasta.

Analyst View:

The pasta market displays resilience and adaptability, driven by factors such as shifting consumer preferences, increasing demand for convenience foods, and the introduction of healthier and alternative ingredient options. The market's sustained growth, coupled with its ability to cater to evolving dietary trends, underscores its potential for continued expansion and competitive differentiation among industry players.

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Key Market Insights from the report:

Global Pasta Market accounted for US$ 47.63 billion in 2020 and is estimated to be US$ 83.65 billion by 2030 and is anticipated to register a CAGR of 5.52%. The global pasta market report segments the market based on type, distribution channel, and region.

·         Based on Type, Global Pasta Market is segmented into Dried pasta, Chilled/fresh pasta, and Canned/preserved pasta. 

·         Based on Distribution Channel, Global Pasta Market is segmented into Supermarkets, Hypermarkets, Discounters, and Independent Small Grocers.

·         By Region, the Global Pasta Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Competitive Landscape & their strategies of Global Pasta Market:

Key players in the global pasta market include, Barilla S.p.A., Nestlé S.A., ITC Limited, Conagra Brands, Inc., Kraft Heinz Company, Nissin Foods Company Limited, BRF S.A, Delverde Industrie Alimentari S.P.A., lli De Cecco di Filippo S.p.A, and BRF S.A.

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