PUBLISHER: MarketLine | PRODUCT CODE: 1901455
PUBLISHER: MarketLine | PRODUCT CODE: 1901455
Global Pasta & Noodles industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume , and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Pasta & noodles market includes retail sales of dried & instant noodles, dried pasta, chilled noodles, chilled pasta, ambient pasta, and ambient noodles.
By distribution channel, the market is segmented into independent stores, supermarkets, hypermarkets, discounters and others. The scope of others includes e-commerce, food & drinks specialists, convenience stores, warehouse clubs, etc.
All market data and forecasts are based on nominal prices and all currency conversions used in the creation of this report have been calculated using yearly annual average exchange rates. The USD values may show a declining trend for few countries such as Argentina, Turkey, Nigeria, Egypt, and Russia. This is primarily because of the impact of exchange rates considered.
The global pasta & noodles market recorded revenues of $83,361.6 million in 2024, representing a compound annual growth rate (CAGR) of 5.6% between 2019-24.
Market consumption volume increased with a CAGR of 4.5% between 2019-24, reaching a total of 28,361.8 million kilograms in 2024.
The global pasta & noodles market registered healthy growth during 2019-24 is primarily due to market maturity in the instant noodles segment and shifting consumer dietary preferences.