Market Research Report
Global Pasta Market 2019-2023
|Published by||TechNavio (Infiniti Research Ltd.)||Product code||513872|
|Published||Content info||108 Pages
Delivery time: 1-2 business days
|Global Pasta Market 2019-2023|
|Published: November 29, 2018||Content info: 108 Pages||
The pasta manufactures are focusing on the introduction of various flavors such as favors including Korean, Southeast Asian, Chinese, Vietnamese, and Indian flavors into their pasta products. Due to increasing demand as per the seasoning, spice, and taste in different regions. The vendors are also focusing on consumer groups and offer kosher and halal pasta products. The consumers are experimenting with new pasta recipes and sauces to enhance the flavor of their preparations. Therefore, the increasing demand for local flavors and varieties will be a key trend driving pasta market growth at a CAGR of over 5% during the forecast period.
The growing presence of supermarkets, hypermarkets, and specialty stores globally, is indicative of the proliferation of the organized retail stores. As pasta is primarily sold by large organized retailers, this implies that vendors operating in the market compete for the limited shelf space available in such retail stores.
Health concerns over consumption of pasta such as instant varieties, continue to pose challenge the market. Instant pasta does not digest easily and remains in the gastrointestinal tract, and this affects the body's nutrient- absorbing capacity. The high sodium content in such foods is also linked to health issues such as hypertensions, heart disease, stroke and kidney change.
For the detailed list of factors that will drive and challenge the growth of the pasta market during the 2019-2023, view our report.
The global pasta market is in the growth phase and the competitive landscape is moderately fragmented. The regional and international players are launching new products which will support the growth of the market. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.