Report Overview:

The global pasta market was valued at USD 68.35 billion in 2023 and is expected to grow to USD 100.24 billion by 2032, with a compound annual growth rate (CAGR) of 5.47% from 2024 to 2032. In 2024, the market is projected to reach USD 71.42 billion. The U.S. pasta industry is set for substantial growth, with an estimated market value of USD 12.96 billion by 2032, driven by increasing demand for convenient food options. Europe led the market in 2023, holding a dominant share of 29.54%.

Pasta is a largely consumed, easy-to-make, and an affordable food product. The increasing and regular evolution of pasta propels the pasta market growth during the forecast period. The rising demand for instant food products, such as pasta and Western food culture adoption, is driving the market growth during the forecast period.

Fortune Business Insights™ mentioned this in a report titled “Pasta Market, 2024-2032.”

List of Key Players Present in the Report:

• Barilla G. e R. F.lli S.p.A. (Italy)
• Ebro Foods, S.A. (Spain)
• CAMPBELL SOUP COMPANY (U.S.)
• TreeHouse Foods, Inc. (U.S.)
• Unilever (U.K.)
• The Kraft Heinz Company (U.S.)
• BORGES INTERNATIONAL GROUP (Spain)
• Nestlé (Switzerland)
• F.lli De Cecco di Filippo S.p.A (Italy)
• Armanino Foods of Distinction (U.S.)

Report Coverage:

The research report provides a detailed market analysis and focuses on key aspects such as competitive landscape, product types, raw material, and distribution channel. Besides this, it offers insights into market trends and highlights key industry developments. In addition to the abovementioned factors, the report encompasses several factors contributing to the market's growth in recent years.

Source: https://www.fortunebusinessinsights.com/pasta-market-102284

Segments:

Rising Dried Products Consumption to Propel Segment Growth