Pune, 13, May 2024: Stellar Market Research, a Food and Beverage business research firm has published a report on the “Fresh Pasta Market”. The total market opportunity for the Fresh Pasta Market was USD 8.9 Bn. in 2023 and is expected to grow at 7 percent CAGR through the forecast period by reaching nearly USD 14.29 Bn.
Fresh Pasta Market Report Scope and Research Methodology
Market Size in 2023 USD 8.9 Bn.
Market Size in 2030 USD 14.29 Bn.
CAGR 7% (2024-2030)
Forecast Period 2024-2030
Base Year 2023
Number of Pages 283
No. of Tables 119
No. of Charts and Figures 116
Segment Covered Type, Application and Distribution Channel
Regional Scope North America, Europe, Asia Pacific, Middle East and Africa, South America
Report Coverage Market Share, Size & Forecast by Revenue | 2023−2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, Stellar Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis.
The Fresh Pasta Market report offers a comprehensive examination of the leading players’ strategies within the industry, coupled with a thorough analysis of market segments and regional dynamics. Delving deep into market dynamics, the report explores drivers, restraints, opportunities, and challenges on both regional and segment levels. Additionally, it furnishes crucial figures on import/export consumption, supply and demand, pricing, costs, revenue, and gross margins, rendering it an invaluable resource for investors navigating this sector.
The Fresh Pasta Market report gathered data through a blend of primary and secondary research methods, ensuring its authenticity. Primary research involved distributing questionnaires, conducting surveys, and holding phone interviews with experts, industry leaders, marketers, and entrepreneurs within the Fresh Pasta sector. Employing a bottom-up approach, the report estimated both global and regional market sizes. Additionally, SWOT analysis was utilized to highlight the strengths and weaknesses of key players in the Fresh Pasta industry.
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Fresh Pasta Market Overview
Fresh pasta is made from a simple dough of eggs and flour, usually all-purpose flour or high-gluten flour. The dough is kneaded like bread dough and then pressed through rollers until it’s as thin as desired. Over the forecast period, it is expected that the growing Fresh Pastas is expected to become a popular consumer, across the globe. Fresh Pastas are preferred more owing to increasing demand for convenience foods.
Fresh Pasta Market Dynamics
The Fresh Pasta market has seen significant growth recently owing to changing consumer tastes, higher demand for easy meals, and the global popularity of Italian Cuisine. With hectic schedules on the rise, customers are looking for convenient and easy dining options. Thanks to its quick cooking time and ability to be used in various ways, pasta meets the needs of consumers. The rising trend of Italian cuisine worldwide and curiosity about diverse ethnic flavors are boosting the demand for various fresh pasta options.
A restriction has been the need for significant investments in infrastructure, like storage facilities and grid improvements, to enable the incorporation of Fresh Pasta solutions into existing energy systems. The growth of the market has been influenced by interruptions in the supply chain, which have impacted both the availability and pricing of Fresh Pasta solutions due to scarcities of crucial materials or components.
Fresh Pasta Market Regional Insights
Europe was the leading market in 2023 and is projected to continue its dominance until 2030 with a rising CAGR. Key reasons for the popularity of fresh pasta are the nutritious durum wheat it contains, which is expected to help lower cholesterol, and the versatility of pasta to be paired with different sauces, catering to a wide range of tastes in various cultures.
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Fresh Pasta Market Segmentation
By Type
- Long Style Pasta
- Short Style Pasta
Based on Type, the Short Style Fresh Pasta segment is expected to hold the largest Fresh Pasta Market share. As small style pasta is convenient and has grain traction globally thanks to the growing popularity of small shapes pasta such as orzo, ditalini, couscous, etc., and versatility of pasta has propelled the market.
By Application
- Residential
- Restaurant
Based on Application, the Restaurant segment is expected to hold the largest share of the global market in the future. The increase in demand in the restaurant owing to the richer and flavorful texture of it has driven the market growth. The market demand is driven by fresh pasta’s ability to retain and absorb sauces better owing to its porous texture, which gives the bite more cohesiveness and flavor.
By Distribution Channel
- Online
- Offline
Based on Distribution Channel, Online segment is expected to hold the largest Fresh Pasta Market share in the future. Online shopping offers convenience, allowing customers to browse and purchase fresh pasta from the comfort of their homes. The convenience is particularly appealing to busy individuals or those who may not have access to specialty pasta shops locally.
Fresh Pasta Key Competitors include:
- Giovanni Rana
- Voltan SpA
- Pasta Regina
- Ugo Foods Group
- RP’s Pasta Company
- Lilly’s Fresh Pasta
- Pastificio Gaetarelli
- Pastificio Mansi
- The Fresh Pasta Company
- Pastificio Brema
- Pasta Jesce
- Barilla Group
- Nestlé SA (including Buitoni brand)
- Conagra Brands (including Bertolli brand)
- Delverde Industrie Alimentari
- Pastificio Lucio Garofalo
- De Cecco
- Pasta ZARA
- Agnesi
- Rummo
- Bertagni
- Barilla
- La Pasta di Aldo
- Morelli
- XXX
Key questions answered in the Fresh Pasta Market report are:
- What is Fresh Pasta?
- Which market segment held the largest share of the global Fresh Pasta market in 2023?
- What are the global trends in the Fresh Pasta Market?
- Which region held the largest Fresh Pasta Market Share in 2023?
- What are the recent industry trends that can be implemented to generate additional revenue streams for Fresh Pasta Market?
- What growth strategies are the players considering to increase their presence in Fresh Pasta Market?
- What are the upcoming industry applications and trends for the Fresh Pasta Market?
- Who are the leading companies and what are their portfolios in Fresh Pasta Market?
- What are the major challenges that the Fresh Pasta Market could face in the future?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022 )
- Past Pricing and price curve by region (2018 to 2022 )
- Market Size, Share, Size & Forecast by different segment | 2023−2030
- Fresh Pasta Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Fresh Pasta Market Segmentation – A detailed analysis by Type, Application, Distribution Channel and Region
- Competitive Landscape – Profiles of selected key players by region in a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
Stellar Market Research is leading Automotive & Transportation research firm, has also published the following reports:
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Potable Alcohol Market– The market size is expected to reach USD 14.10 billion by 2030 at a CAGR of 5.6 percent during the forecast period. The market is expected to be fuelled by Economic growth, rising disposable incomes, and urbanization.
About Stellar Market Research:
Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical Types and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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Website: https://www.stellarmr.com/report/Fresh-Pasta-Market/1840