Pasta Market to Display Growth of CAGR 5.85% from 2017 to 2023

Market Research Future published a Cooked Research Report (CRR) on Global Pasta Market which is estimated to grow at 5.85 % by 2023

Market Overview:

Pasta is made up of flour and egg, unleavened dough and produced in a variety of forms, usually served with a sauce which is of Italian origin. Pasta dough is typically made of wheat flour or semolina with durum wheat mainly in the South Italy and soft wheat in the North Italy. The constituents of pasta may vary according to the region of its manufacture, this may include rice, maize, chickpea and other flours. The trend of consumption of convenience food began in western world and spread to other regions rapidly.

Consumers look for convenience food as it is easily available, and possess nutritional value due to fortification, variety and product appeal. Due to changing lifestyles, consumers are spending less time planning and cooking meals at home as they consider preparing food time-consuming chore. Pasta is considered convenient as there is no need to put in efforts in cooking & chopping vegetables, this factor will support the growth of this market. Globally the market (value) for pasta is estimated to grow at the rate of about 5.85% from 2017 to 2023.

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Major Key Players:

This report includes a study of strategies used in the market, mergers and acquisitions in pasta, as well as multiple product launch by pasta market players. It further includes product portfolios and developments of leading major players which includes:

• Nestlé SA (Switzerland)
• Ajinomoto Co., Inc. (Japan)
• The Unilever Group (Pot Noodles) (U.K.)
• Campbell Soup Company (U.S.)
• Nissin Foods Co., Ltd (Hong Kong)
• Capital Foods Limited (India)
• ITC Limited (India)

Table of Contents:

1 Report Prologue

2 Introduction

2.1 Definition 16
2.1.1 Pasta 16
2.2 Scope of the Study 16
2.2.1 Research Methodology 16
2.3 Assumptions 16
2.4 Limitations 17
2.5 Market Structure 17

3   Research Methodology
3.1 Research Process 19
3.2 Primary Research 20
3.3 Secondary Research 22
3.4 Forecast Model 23
 
4   Premium Insights
4.1 Global Pasta Market: Market Mapping & Research Methodology 24
4.2 Market Overview: Global Pasta Market 25
4.3 Industry Trends and Market Environment: Global Pasta Market 26

5   Market Dynamics
5.1 Introduction 28
5.2 Drivers 29
5.2.1 Consumer’s Demand For Healthy Food & Beverages: Fortification Of Pasta 29
5.2.2 Increasing Demand For Convenience Food 29
5.2.3 Increasing Disposable Incomes 30
5.2.4 Growing Working Women Population 30
5.2.5 Strong Performance Of Retail Sector 31
5.2.6 Strong Performance Of Foodservice Industry 31
5.2.7 Easier Availability And Efficiency In Production 32
5.3 Restraints 33
5.3.1 Consumer Acceptance 33
5.3.2 Regulatory Framework 33
5.4 Opportunities 34
5.4.1 Certifications 34
5.4.2 Increasing Demand Of Clean Label Products 34
5.5 Challenges 35
5.5.1 Branding Issues 35
5.5.2 Highly Competitive Market 35

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6   Mega Trends
6.1 Pasta Holds Huge Potential And Ample Scope Of Growth 36
6.2 Trade (Import-Export) Analysis 36
6.3 Innovation In Broth And Process 38
6.4 Macroeconomic Indicators Analysis 39

7   Market Factor Analysis
7.1 Introduction 43
7.2 Value Chain Analysis 43
7.3 Supply Chain Analysis 45
7.4 Porter's Five Forces 46
7.4.1 Porter's 5 Forces Analysis: Pasta 46
7.4.2 Threat Of New Entrants 47
7.4.3 Threat Of Substitutes 47
7.4.4 Bargaining Power Of Buyers 48
7.4.5 Bargaining Power Of Suppliers 48
7.4.6 Intensity Of Rivalry 49

8 Market Analysis
8.1 Introduction 50

9 Market Analysis-by Region
9.1 North America 54
9.1.1 U.S. 55

Continued…

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