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Dry Pasta, Dough, And Flour Mixes Market Competitive Analysis, Emerging Trends, Industry Share, Growing Demand, Key Drivers And Forecast Upto 2032 || Nestlé S.A., Barilla G. e R. Fratelli S.p.A, Buitoni Food Company, Agnesi
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Dry Pasta, Dough, And Flour Mixes Market Size, Growth Rate, And Forecast
The global dry pasta, dough, and flour mixes market size is expected to grow from $125.16 billion in 2022 to $134.95 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global dry pasta, dough, and flour mixes market size is expected to reach $172.40 billion in 2027 at a CAGR of 6.3%.
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Dry Pasta, Dough, And Flour Mixes Market Drivers
The growing demand for bakery products is expected to propel the growth of the dry pasta, dough, and flour mixes market going forward. Bakery products refer to food products that are made by various methods of leavening including yeast-raised, chemical leavening, air leavening, and partial leavening, and involve bread, cake, pastry, and biscuits. The need for dry pasta, dough and flour mixes is fuelled due to rising adoption of intelligent bakery systems, cutting-edge designs, and ground-breaking commercial bakery equipment that are used in the production of these product, making products more tasty, floppy and durable.., For instance, in November 2021, according to the Interreg Atlantic Area, a Belgium based- European Regional Development Fund Project, by European Union, in 2020, the European bakery products market accounted for $226 billion and is forecasted to grow by more than 3% by 2025. The report also accounted that, the European market contributes 41%, followed by Asia 27%, to the global bakery products market. Therefore, the growing demand for bakery products is driving the growth of the dry pasta, dough, and flour mixes market.
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Dry Pasta, Dough, And Flour Mixes Market Segments
• By Source: Wheat, Rice, Multi-Grain, Others
• By Category: Glutan-Free, Conventional
• By Distribution Channel: Supermarket, Conventional Store, Online Retail, Others
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the dry pasta, dough, and flour mixes market.
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Dry Pasta, Dough, And Flour Mixes Market Key Players
Major competitors in the dry pasta, dough, and flour mixes market are Nestlé S.A., Barilla G. e R. Fratelli S.p.A, Buitoni Food Company, Agnesi, Ronzoni, Lipton, De Cecco, Kraft Foods Group, Inc., Knorr, Annie's Homegrown.
The Business Research Company's "Global Dry Pasta, Dough, And Flour Mixes Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Dry Pasta, Dough, And Flour Mixes Market Include:
1. Executive Summary
2. Dry Pasta, Dough, And Flour Mixes Market Characteristics
3. Dry Pasta, Dough, And Flour Mixes Market Trends And Strategies
4. Dry Pasta, Dough, And Flour Mixes Market - Macro Economic Scenario
5. Dry Pasta, Dough, And Flour Mixes Market Size And Growth
………………
27. Dry Pasta, Dough, And Flour Mixes Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Dry Pasta, Dough, And Flour Mixes Market
29. Dry Pasta, Dough, And Flour Mixes Market Future Outlook and Potential Analysis
30. Appendix
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