Pasta and Noodles Market by Manufacturers, Regions, Product and Forecast
The global Pasta And Noodles Market is anticipated to reach
USD 81.7 billion by 2025, according to a new report by Grand View Research,
Inc. Launch of wide variety of new products, and instant food for working
professionals are the key factors that are driving the market growth.
Further Key Findings From the Study Suggest:
The pasta and noodles market growth is anticipated to
increase due to launch of wide varietey of new products. New products are
continually launched in the pasta and noodles segment, in order to cater the
growing consumer demands. These new launches are necessary to hold the
customers and also to increase the customer base of the company. These products
vary on the basis of flavors, themes, shapes of the pasta, and ingredients.
For instance, in November 2015, Campbell Soup Company
launched Star Wars themed pasta. They also launched limited edition noodles in
cans featuring Star Wars theme. Such launches attracts more customers specially
the kids segment and Star Wars fans. Similarly, based on the ingredients and
taste, Quorn, a UK meat substitute product company, launched two meat-free
pasta variants, Ravioli and Chorizo & Mozzarella Girasoli in July 2015.
Also, some of the companies are innovating their products
to introduce healthier version of the pasta and noodles. For instance, in May
2017, Nestle India Ltd. launched Maggi noodles with less salt and adds iron to
it to make it healthier. Similarly, there are wide variety of pasta products
which are healthier in consumption such as brown rice pasta, whole wheat
spaghetti, whole grain lasagna, organic whole wheat pasta and noodles, and
chickpeas pasta. Barilla, an Italian food company, sells whole grain spaghetti
which has 1.5 g fat and 0 g trans-fat. These products are rich in vitamins and
fiber. Nature’s Best and Roisin Hogan developed and launched a new low calorie
chilled ready meal range of noodles, that has plant based fiber as the major component
that contains carbohydrates and the associated high calories are removed
without compromising on taste and satisfaction. Such variety of products
attracts customers from different age group and customers with various demands
and choices. Also, the companies are creating demand in the market with the
innovative ideas and new launches. Thus, the launch of wide variety of new
products is driving the growth of the pasta and noodles market, globally.
Browse Details of Report @
https://www.grandviewresearch.com/industry-analysis/pasta-noodles-market
https://www.grandviewresearch.com/industry-analysis/pasta-noodles-market
Further Key Findings From the Study Suggest:
- Ambient pasta and noodles accounted for the largest
share in 2016 owing to the wide variety of products which vary in tastes
and flavors are offered in this segment. Also, the factors such as
convenience and longer shelf life is driving the growth of this market.
- Asia Pacific pasta and noodles market is the largest
market and is expected to grow with the highest CAGR over the forecast
period owing to the presence of huge population base and two fastest
growing economies China and India. Additionally, the presence of countries
such as China, Japan and Korea where noodles is the staple food is
expected to bolster the pasta and noodles market.
- Major players of the market include, Nestlé,
Barilla, ITC, Kraft Heinz Company, Conad, ConAgra Foods, Nissin Foods, Brf
Brasil Foods, De Cecco, and Delverde.
About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
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