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Pasta Machine Market Forecast: Rising at a 5.6% CAGR between 2023 and 2033, Reaching US$ 3621.2 Million

08-08-2023 11:37 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Inisghts

Pasta Machine Market

Pasta Machine Market

The Pasta Machine Market is witnessing a surge in demand as dried pasta and innovative cheese-based recipes gain popularity among full-service restaurants, cafeterias, quick-service restaurants, and hotels worldwide. The market's growth is further fueled by the exciting collaboration between renowned celebrity chefs, social media influencers, and leading food brands, who are teaming up to co-develop new and enticing pasta lines. This trend promises to offer consumers a diverse range of pasta options and flavors, driving the industry's expansion and captivating the taste buds of pasta enthusiasts across the globe.
The global pasta machine market is anticipated to exceed US$ 3621.2 million by the end of 2033 from US$ 2,100 million in 2023. Demand for pasta machines is projected to escalate at a CAGR of 5.6% throughout the forecast period (2023 to 2033).
Rising demand for dried pasta and new cheese-based recipes from full-service restaurants, cafeterias, quick-service restaurants, and hotels across the globe is likely to drive the market. Various celebrity chefs and social media influencers are projected to team up with leading food brands to co-develop new pasta lines.
James Oliver, a popular chef, and restaurateur collaborated with a renowned United Kingdom-based delivery-first kitchen group named Taster to launch Pasta Dream, a cutting-edge pasta concept in October 2022. It would enable clients to click and order their favorite pasta from key delivery platforms, including UberEats.
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According to a study by Future Market Insights, dried pasta is considered to be a healthier alternative to their chilled counterparts owing to less processing across developed countries. In August 2022, for instance, Crosta & Mollica, a leading manufacturer of Italian food, introduced its first Italian pasta sauces and pastas.
The company's products will be exclusively available across all Waitrose stores in the U.K. Its products include four pasta sauces, accompanied by four pasta variants. The entire pasta line was developed by utilizing golden durum wheat, which is mainly sourced from a group of dedicated growers across Italy.
Key Takeaways from the Pasta Machine Market Study:
• The pasta machine market is projected to surge at a CAGR of about 5.6% over the next ten years in Mexico.
• Europe's pasta machine market is likely to exhibit 40% CAGR between 2023 and 2033.
• China's pasta machine market is estimated to generate a share of 32% during the assessment period.
• The North American pasta machine market is expected to register a 38% CAGR between 2023 and 2033.
• The United Kingdom pasta machine market is anticipated to exceed a valuation of US$ 184.8 million by 2033.
"Growing demand for dried pasta for utilization at home is likely to bode well for the global market. Apart from that, surging use of dried noodles across India and China for making numerous dishes such as casseroles, soups, and spaghetti meals with meatballs is projected to drive demand," says a lead analyst at Future Market Insights.
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Competition Landscape: Pasta Machine Market
CucinaPro Inc., Eurodib Inc., Koninklijke Philips N.V., Lakeland, Kenwood Corporation, Atlas, Imperia, Williams-Sonoma, Inc., Foodax Engineering Works, S.K. Food Equipment, and Weston Brands LLC are few of the leading companies present in the global pasta machine market.
Key companies are aiming to compete in the global market and expand their product ranges by engaging in joint ventures, collaborations, and mergers & acquisitions. They are also focusing on investing in research and development activities to offer customized solutions.
Get Valuable Insights into Pasta Machine Market
Future Market Insights, in its new offering, provides an unbiased analysis of the pasta machine market presenting historical demand data (2018 to 2022) and forecast statistics for the period from (2023 to 2033). The study divulges compelling insights on the demand for pasta machines based on product type (manual pasta roller, automatic pasta roller, electric pasta roller), model (floor model, mid-size model, personal model), application (commercial kitchen, household kitchen), and region.
Pasta Machine Market Outlook by Category
By Product Type:
• Manual Pasta Roller
• Automatic Pasta Roller
• Electric Pasta Roller
• Others
By Application:
• Commercial Kitchen
• Household Kitchen
By Model:
• Floor Model
• Mid-size Model
• Personal Model
By Region:
• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• Middle East and Africa (MEA)
Navigate Your Market Triumph: Request Your Tailored Report Now to Unearth Exclusive Regional Insights and Forge Ahead with a 360-Degree View of the Competitive Landscape@: https://www.futuremarketinsights.com/customization-available/rep-gb-16506

Contact Us:

Future Market Insights Inc.
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Suite 401, Newark, Delaware - 19713, USA
T: +1-845-579-5705
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For Sales Enquiries: sales@futuremarketinsights.com

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, Stevie Award - recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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