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text 2020-10-07 13:49
COVID-19 Impact On Pasta Market Research, Technological Advancement, Development Strategy by 2023

Pasta Market Scenario

Pasta is made up of flour & egg and unleavened dough and usually served with an Italian sauce. It is produced in different forms according to varying regional tastes. A new report on the global pasta market, published by Market Research Future (MRFR), speculates that this market can observe progress at 5.85% CAGR during the forecast period (2017-2023).

The far-reaching market drivers for The Global Pasta Market Research growth are an increase in the working population, demand for convenience food, and ease of cooking pasta. Depending on what vegetables have been added to pasta, pasta can have nutritional value. The availability of pasta in organized food services is enhancing the market growth. Other factors extending the global Pasta Market growth include changing lifestyles, increasing investment from key market players, availability of pasta with multiple brands as well as in multiple varieties, increasing veganism, availability of non-veg pastas (in some countries), increasing disposable income, higher purchasing power of consumers, and increasing popularity as well as consumption of pasta.

 

Key Players

Big players in the global Pasta Market are Nestlé  SA (Switzerland), Ajinomoto Co., Inc. (Japan), The Unilever Group (Knorr) (U.K.), Campbell Soup Company (U.S.), Nissin Foods Co., Ltd (Hong Kong), Capital Foods Limited (India), ITC Limited (India). Applebee’s has introduced pasta dishes accompanied with various combinations for its esteemed customers.

 

Market Segmentation

Based on distribution channels, this market has been segmented into store-based distribution channel and non-store-based distribution channel. Store-based distribution channels segment covers retail outlets, whereas Non-store-based distribution channels segment covers e-commerce and online portals.

By type, the market has been segmented into fettuccine pasta, penne pasta, rotini pasta, spaghetti pasta, and others. Among these segments, spaghetti is the largest segment. During the forecast period, the fettuccine pasta segment is expected to witness the fastest market growth.

 

Regional Segmentation

During the forecast period, the Asia Pacific region can be the fastest growing regional market as it grows at 6.22% CAGR. Increasing urbanization and craze for western cuisines is elevating the market growth. The presence of rising economies like China and India that have a high density of population is also helping the market growth. Other important markets in this region are Japan and Thailand that generate significant revenue. Apart from Thailand, some other Association of Southeast Asian Nations (ASEAN) countries that are decent markets in this region are Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, and Vietnam. 

 

Browse More Details on This Report @ https://www.marketresearchfuture.com/reports/pasta-market-2428

 

In North America, the market is strong due to a strong economy, high purchasing power of people, and craze for fast food. The maximum revenue in this regional market comes from the USA, Canada, and Mexico.

The RoW region comprises the Middle East, Africa, and Latin America. Compared to these three regions, Latin America is the biggest regional market segment due to the presence of many growing economies like Argentina and Brazil.

 

About Market Research Future

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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text 2020-03-19 12:30
Pasta Market Research Evolving Technology, Trends, Size, Share, Industry Analysis, Forecast To 2023

Pasta Market Scenario

Pasta is made up of flour & egg and unleavened dough and usually served with an Italian sauce. It is produced in different forms according to varying regional tastes. A new report on the global pasta market, published by Market Research Future (MRFR), speculates that this market can observe progress at 5.85% CAGR during the forecast period (2017-2023).

The far-reaching market drivers for The Global Pasta Market Research growth are an increase in the working population, demand for convenience food, and ease of cooking pasta. Depending on what vegetables have been added to pasta, pasta can have nutritional value. Other factors extending the global Pasta Market growth include changing lifestyles, increasing investment from key market players, availability of pasta with multiple brands as well as in multiple varieties, increasing veganism, availability of non-veg pastas (in some countries), increasing disposable income, higher purchasing power of consumers, and increasing popularity as well as consumption of pasta.

 

Key Players

Big players in the global Pasta Market are Nestlé  SA (Switzerland), Ajinomoto Co., Inc. (Japan), The Unilever Group (Knorr) (U.K.), Campbell Soup Company (U.S.), Nissin Foods Co., Ltd (Hong Kong), Capital Foods Limited (India), ITC Limited (India). Applebee’s has introduced pasta dishes accompanied with various combinations for its esteemed customers.

 

Market Segmentation

The global Pasta Market segmentation encompasses distribution channels, functionality, sources, and types. MRFR’s research on the market highlights many factors of the market in-depth.

Based on distribution channels, this market has been segmented into store-based distribution channel and non-store-based distribution channel. Store-based distribution channels segment covers retail outlets, whereas Non-store-based distribution channels segment covers e-commerce and online portals.

 

Infographic Images Related Report @  https://www.marketresearchfuture.com/infographics

 

Regarding sources, the market has been segmented into chickpea, maize, rice, whole wheat, and others. Among these segments, the wheat pasta holds the largest market share, and during the forecast period, the maize pasta segment is expected to witness the highest growth.

By type, the market has been segmented into fettuccine pasta, penne pasta, rotini pasta, spaghetti pasta, and others. Among these segments, spaghetti is the largest segment. During the forecast period, the fettuccine pasta segment is expected to witness the fastest market growth.

 

Regional Segmentation

A geographical outlining of the global Pasta Market covers Europe, Asia Pacific, North America, and Rest-of-the-World (RoW).

Being the largest regional market, Europe is expected to grow at 5.72% CAGR during the forecast period. Pasta is Italian cuisine, and as Italy is in Europe, it is natural for Europe to be the biggest market in this region. The large population inclined towards the dish also contributes to market growth. Other important markets in this region are France, Germany, Spain, and the U.K. The survey of the remaining countries in Europe outlines the tremendous potential of the product. 

During the forecast period, the Asia Pacific region can be the fastest growing regional market as it grows at 6.22% CAGR. Increasing urbanization and craze for western cuisines is elevating the market growth. The presence of rising economies like China and India that have a high density of population is also helping the market growth. Other important markets in this region are Japan and Thailand that generate significant revenue. 

 

Browse More Details on This Report @ https://www.marketresearchfuture.com/reports/pasta-market-2428

 

About Market Research Future

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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text 2019-12-31 08:02
Pasta Sauce Market Price. Key Player, Industry Trends and Forecast during 2019-2024

According to the latest report by IMARC Group, titled “Pasta Sauce Market Report: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global pasta sauce market is currently witnessing steady growth. Pasta sauce refers to a thick-textured creamy sauce that is made up of eggs, pepper, garlic, cheese, vegetables and several other ingredients. It is used as a savory topping over pasta and other Italian dishes, like pizza, garlic bread and spaghetti, to enhance the taste and flavoring. Nowadays, a wide range of pasta sauces is available in innovative packaging formats in the market.

 

 

Request Free Sample Report: https://www.imarcgroup.com/pasta-sauce-market/requestsample

 

Global Pasta Sauce Market Trends:

Over the past few years, the growing cross-culture influence has changed the food consumption patterns of consumers. This has led to an increase in the demand for intercontinental dishes, like pasta and pizza, which in turn has boosted the sales of pasta sauce globally. Also, with a rise in the consumption of fast-food, restaurants, cafes and other eateries are widely experimenting pasta sauce by mixing it with different ingredient combinations to offer innovative and unique pasta dishes. Apart from this, owing to the hectic and busy lifestyles, consumers are becoming more inclined toward the use of packaged and easy-to-cook pasta sauces. Along with this, due to the growing health consciousness, they now prefer nutrient-rich and minimally processed products. Owing to this, manufacturers are introducing pasta sauce variants that are made using gluten-free and organic ingredients to boost their profitability and widen the consumer base across the globe. Looking forward, the market is projected to experience stable growth during 2019-2024.

 

Market Summary:

  • Based on the product type, the market has been segregated into tomato-, pesto- and alfredo-based sauces. Tomato-based sauces, such as traditional, marinara, meat, mushroom, roasted garlic, cheese, and tomato and basil, are most widely consumed.
  • The market has been categorized on the basis of the packaging type into glass bottles, polyethylene terephthalate (PET), cans, pouches and cartons. Amongst these, glass bottles account for the majority of the total market share.
  • On the basis of the distribution channel, the market has been classified as direct and indirect segments. The indirect channel exhibits a clear dominance and is further divided into store-based retailing, supermarkets, specialty stores, convenience stores and online retailing.
  • Region-wise, Europe holds the leading position in the market. It is further segmented into Germany, France, the United Kingdom, Italy, Spain, Russia and others. Other major markets include North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others), Latin America (Brazil, Mexico, Argentina, Columbia, Chile, Peru and others), and Middle East and Africa (Turkey, Saudi Arabia, Iran, United Arab Emirates and others ).
  • The competitive landscape of the market has also been examined in the report, providing the detailed profiles of the key players operating in the industry.

Ask Analyst and Download Full Report with List of Figure: https://www.imarcgroup.com/pasta-sauce-market

 

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Email: sales@imarcgroup.com
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Source: www.imarcgroup.com/pasta-sauce-market
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