Pasta Market is estimated to be US$ 216.2 Billion by 2034 with a CAGR of 13.50% during the forecast period

Pasta consumption has skyrocketed in recent years due to hectic lifestyles and shifting purchasing habits. Pasta originated in Italy, but it quickly gained worldwide popularity due to its quick cooking quality. Due to urbanization and Western influence, pasta consumption is increasing in the Asia Pacific developing economies. A shift in the dietary preferences of the younger generation is pushing pasta consumption. Furthermore, rising demand for various pasta kinds such as fusilli, vermicelli, spaghetti, macaroni, and penne helps the pasta industry grow. New pasta forms have emerged due to the growing trend of eating healthy, organic, and gluten-free cuisine.

Region Analysis:

The pasta market can be divided into several regions, including North America, Europe, Asia Pacific, and the rest of the globe. Various factors may operate as market drivers, influencing the performance of regional market segments. The European market is expected to dominate during the anticipated period and contribute to the enlarged pasta market size. Italy would serve as the region's primary supplier, accelerating the region's pasta industry's expansion. Other elements that are predicted to play a vital function and impact the segment's growth in the future include a rise in population members' per capita disposable income and rapid population development in the region.

Key Highlight:

• 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.

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Key Market Insights from the report:

Pasta Market accounted for US$ 68.4 Billion in 2024 and is estimated to be US$ 216.2 Billion by 2034 and is anticipated to register a CAGR of 13.50%. The 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 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.