Indian Pasta Market to Reach US$ 2,062 Million by 2028, Propelled by the Augmenting Demand for Convenient Food Products

The latest report by IMARC, titled "Indian Pasta Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", finds that The Indian pasta market size reached US$ 785.4 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 2,062 Million by 2028, exhibiting a growth rate (CAGR) of 17.52% during 2023-2028.

Pasta refers to an old, traditional, Italian food that is identified as one of the healthiest and carbohydrate-rich foods. It is prepared from numerous ingredients, such as eggs, water, and flour. It is further boiled in hot water and cooked or baked with vegetables, sauces, or meat. Pasta is available in different shapes, such as penne, noodles, spaghetti, macaroni, and fettuccine. The consumption of pasta offers various benefits as it contains minerals, vitamins, and iron. In recent years, pasta has gained traction across the Indian region due to the increasing number of food-service restaurants.

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Indian Pasta Market Trends:

One of the primary factors driving the market is the growing popularity of ready-to-cook food products on account of the rising working population and hectic schedules is creating a positive market outlook. Other than this, as individuals are becoming more health-conscious, there have been increasing sales of healthy product variants, such as pasta, made from wheat, quinoa and gluten-free ingredients.

Besides this, numerous food trends, such as pairing pasta with other food products, including soup and salads is accelerating the product sales across the country. Furthermore, the increasing popularity of Italian cuisines due to rapid westernization and expanding income levels of the masses are catalyzing the market growth. Moreover, several food service businesses are now offering a fusion of the Italian and Indian cuisines by preparing pasta with Indian spices to cater to a larger consumer base across the country.

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Key Market Segmentation:

Top Companies in Indian Pasta Industry:

• Nestlé India Limited
• ITC Limited
• Bambino Agro Industries Limited
• MTR Foods Private Limited and Del Monte (FieldFresh Foods Private Limited)

Key Market Segmentation:

Breakup by Type:

• Dry Pasta
• Instant Pasta
• Fresh Pasta

Breakup by Raw Materials:

• Semolina
• Refined Flour
• Durum Wheat
• Others

Breakup by Distribution Channel:

• Institutional
• Convenience Stores
• Hypermarket/Supermarket
• E-Retailing

Breakup by Cuisines:

• White Sauce Pasta
• Red Sauce Pasta
• Mix Sauce Pasta

Breakup by State:

• Uttar Pradesh
• Delhi
• Maharashtra
• Gujarat
• Karnataka
• Tamil Nadu
• Other Regions

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This release was published on openPR.