Global pasta market to reach US$99.71 billion by 2030

GLOBAL – The global pasta market is poised for significant growth, as it is expected to reach US$99.71 billion by 2030, growing at a CAGR of 5.49% from 2024-2030, according to Maximize Market Research, a consulting firm that provides research services.

The primary growth drivers of the global pasta market are changing consumer lifestyles and the rising demand for ready-to-eat, easy-to-prepare meals. Additionally, the increasing global popularity of Italian cuisine has fueled the demand.

Another important factor driving market growth is the expanding health-conscious consumer base. As consumers become more aware of their dietary habits, demand for healthier alternatives such as whole grain, high-protein, fortified, and gluten-free pasta is on the rise.

Moreover, growing awareness regarding the nutritional benefits of pasta made from alternative grains such as quinoa, spelt, and buckwheat has further contributed to market expansion.

The rise of e-commerce platforms has also provided significant growth opportunities for the pasta market. With more consumers shopping online for grocery products, pasta manufacturers and retailers can tap into new markets and increase the accessibility of their products globally.

The global pasta market is segmented based on product type, packaging, distribution channel, and geography.

Pasta can be categorized into different types. Dry Pasta is the most widely consumed form of pasta globally and includes popular shapes such as spaghetti, penne, fusilli, and macaroni. Fresh pasta is often preferred for its delicate texture and flavor, and includes varieties such as ravioli, fettuccine, and tortellini.

Instant Pasta includes instant noodles and cup pasta. It is commonly packaged with sauce or seasoning, and is experiencing an increase in demand as it offers a quick, convenient, and affordable meal solution.

With an increasing number of individuals diagnosed with gluten-related disorders, gluten-free pasta has become a growing market segment. This pasta is made from alternative grains like rice, corn, and quinoa and appeals to both health-conscious and allergy-sensitive consumers.

In terms of pasta packaging, three options dominate the sector: Box packaging, commonly used for dry pasta, bag packaging, typically used for bulk products, and pouch packaging, mostly for fresh or instant pasta.

Supermarkets and hypermarkets remain the dominant channel for pasta sales, as they offer consumers a wide selection of pasta products at competitive prices as well as a one-stop shopping experience.

The pasta market is geographically segmented into regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Europe holds the largest market share, with Italy being the dominant producer and consumer of pasta globally.

The North American market is also growing due to the rising preference for pasta-based dishes, while the Asia-Pacific region is seeing an increasing demand for pasta products, driven by urbanization and the growing adoption of Western dietary habits.

Sign up to HERE receive our email newsletters with the latest news and insights from Africa and around the world, and follow us on our WhatsApp channel for updates.

Newer Post

Thumbnail for Global pasta market to reach US$99.71 billion by 2030

Silos Spain Group expands grain storage capacities in Bolivia and Chile

Older Post

Thumbnail for Global pasta market to reach US$99.71 billion by 2030

Global biscuits market size poised to be worth US$204.9 billion by 2034