Title: Pasta and Noodles Market, Product Type
1 Pasta and Noodles Market, Product Type ,
Trend Analysis, Market Share Forecast,
2021-2027
2Industry Trends Forecast Report 2027 A study,
recently conducted by the strategic consulting
and market research firm BlueWeave Consulting,
revealed that the global pasta and noodles
market was worth USD69.3 Billionin the year
2020. According to the study, the market is
further estimated to grow at a CAGR of 3.9,
earning revenue of around USD89.5 Billion by the
end of 2027.The availability of a wide range of
pasta noodles in the market is one of the major
factors driving the growth of the market. The
market for pasta noodles is also growing due to
natural additives used in some varieties, along
with the quality of their instant preparation.
Also fueling the market growth are the use of
natural additives in certain varieties of pasta
noodles, and the quality of their instant
preparation.
3Growth drivers Rising demand for instant food
options Globally, the demand for instant food is
increasing due to the rise in the number of
working professionals and their hectic
lifestyles. Due to lack of time, consumers
nowadays rarely prefer to spend time cooking
homemade food. Thus, the rise in the demand for
instant food options contributed to the growth of
the global pasta noodles market. The demand for
pasta products, like vermicelli, fusilli, and
macaroni, has been on the rise because it is
convenient and healthy.
4Restraints Noodles and pasta contain excessive
carbohydrates, which can affect a person's blood
sugar levels. Noodles pasta made from
all-purpose flour can also negatively affect
health as the product contains gluten, a type of
protein that can cause issues for those with
gluten sensitivities. Weight gain and loss of
micronutrient balance are two of the health
disorders that can occur when too much pasta is
consumed. Additionally, a number of gluten-free
and low-carb diet movements have contributed to
the flat, and declining sales of pasta in many
major markets.
5Impact of COVID-19 in the Global Pasta Noodles
Market A major increase has been recorded in the
demand for ready-to-eat meals as a result of the
COVID-19 pandemic.During the lockdown, many
restaurants had closed to prevent the spread of
the virus, causing more consumers to cook at
home. Thus, a substantial portion of the populace
had stocked up on pasta, noodles, snacks, and
packaged meals in order to survive through the
ordeal. Food products such as pasta noodles can
be stored for a long time and are extremely easy
to intake. Thats a major factor why the pasta
noodles market witnessed a huge demand during the
pandemic. Moreover, as a result of the pandemic,
the demand for dried pastaincreased as consumers
started seeking economical ways to feed
themselves and their families.
6- Global Pasta Noodles Market Regional Insights
- Based on regions, the global pasta noodles
market is categorized into North America, Latin
America, Europe, Asia Pacific, Middle East, and
Africa. The region dominating the global pasta
noodles market in terms of revenue is the
Asia-Pacific. This region is also expected to
register impressive growth over the coming years.
APAC countries such as Japan, China, and South
Korea are renowned for their consumption of
noodles because noodles are a staple food there.
Additionally, the growing retail sectors, as well
as the growth of the food processing sector, in
developing countries are some factors that drive
demand for pasta and noodles in the Asia Pacific
region.
7Competitive Landscape The key players in
the global pasta noodles marketareAcecook
Vietnam JSC, Nestlé, BrfBrasil Foods, Masan
Consumer, CJ Group, Comercial Gallo, Conad,
ConAgra Foods, Creamette, De Cecco, Delverde,
General Mills, Barilla, Gerardo di Nola, House
Foods Group, ITC, Kraft Heinz Company, Kroger,
Teigwaren Riesa, Toyo Suisan Kaisha, La Molisana,
Nongshim, Ottogi Foods, Conad, Nissin Foods,
Panzani, Pastificio Rana,and other
manufacturers. Sample Copy of the Report
https//www.blueweaveconsulting.com/report/global
-pasta-and-noodles-market/report-sample
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