PUBLISHER: MarketLine | PRODUCT CODE: 1405193
PUBLISHER: MarketLine | PRODUCT CODE: 1405193
Global Pasta & Noodles industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
The pasta & noodles market consists of the retail sale of dried pasta, dried & instant noodles, chilled pasta, chilled noodles, ambient pasta and ambient noodles. The market is valued according to retail selling price (RSP) and includes any applicable taxes. Any currency conversions used in the compilation of this report have been calculated using 2022 annual average exchange rates.
The global Pasta & Noodles market had total revenues of $80,947.0 million in 2022, representing a compound annual growth rate (CAGR) of 7.4% between 2017 and 2022.
Market consumption volume increased with a CAGR of 4.2% between 2017 and 2022, to reach a total of 26,212.1 million kilograms in 2022.
The performance of the market is forecast to decelerate, with an anticipated CAGR of 3.7% for the five-year period 2022 - 2027, which is expected to drive the market to a value of $96,944.7 million by the end of 2027.