Market Research Future (MRFR) has published a cooked research report on the “Global Fresh Pasta Market”that contains information from 2018 to 2032.TheFresh Pasta market is estimated to register a CAGR of 3.50% during the forecast period of 2023 to 2032.
MRFR recognizes the following companies as the key players in the global Fresh Pasta market— Barilla Group - Italy, Ebro Foods - Spain, Nestlé SA - Switzerland, General Mills - United States, Newlat Food - Italy, De Cecco - Italy, Vicenzi Group - Italy, Fresh Cuisine - United States, Marcello Raffetto - United States, Buitoni Italy (Nestlé subsidiary), Roncadin – Italy, Lustucru Frais - France (Ebro Foods subsidiary), The Gragnano Pasta Factory - Italy, Cirio Delverde food industries - Italy, Pasta Evangelists - United Kingdom, Lancia Pasta - United States, Paesana - United States, Pasta Lensi - Italy, Davinci - United States, Manicaretti Italian Food Importers United States, Fratelli Carli - Italy, Seggiano - Italy
Fresh Pasta Market Highlights
The global Fresh Pasta market is accounted to register a CAGR of 3.50% during the forecast period and is estimated to reach USD 2 billion by 2032.
A growing customer preference for pasta options that are not just healthier but also more nutritionally balanced is reflected in the fresh pasta market's Health and Wellness Focus trend. This tendency is consistent with changing food habits. Customers voicing a wish for pasta products that more closely fit a lifestyle focused on health. When compared to dried spaghetti, fresh pasta has a shorter shelf life. This complicates storage and delivery, raising expenses and possibly reducing market reach.
Segment Analysis
The global Fresh Pasta market has been segmented based on Type, Application.
On the basis of Type, the market is segmented into Long Style Pasta, Short Style Pasta, and Filled Style Pasta. The Short Style Pasta segment was attributed to holding the largest market share in 2022. This is because it cooks quickly and can be used in a variety of recipes.
Based on Application, the global Fresh Pasta market has been segmented into, Residential, Restaurant, Airplane & Train, and Others. The Restaurant segment was expected to hold the largest market share in 2022 because in order to provide patrons with a diverse range of culinary experiences.
Regional Analysis
The global Fresh Pasta market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Fresh Pasta market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Fresh Pasta market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Fresh Pasta market comprises of Middle East, Africa, and Latin America.
The largest market share for Fresh Pasta was maintained by the North American regional sector. Customers are looking for fresher and more natural food options as they become more conscious of their health and wellness. Demand for fresh pasta is driven by consumers who are health-conscious because it is frequently thought of as a healthier option to processed or packaged goods. Because of the diversity of North America's population, there is a growing interest in other cuisines, particularly Italian food, which emphasizes the use of fresh pasta. The demand for fresh pasta products is also fueled by the success of Italian eateries and the impact of famous chefs.
Moreover, the Europe market has been persistently growing over the forecast period. The demand for Fresh Pasta is driven by rising Fresh pasta products are in high demand because of the foodservice industry, which includes cafes, restaurants, and catering services. Because fresh pasta is so versatile, chefs may use it to create menu items that are appealing to a wide variety of customers.
Additionally, the expansion of the middle class and rising disposable incomes is results of economic growth in many Asia Pacific nations. Spending on specialist and expensive food items, including fresh pasta, has grown as a result. Meal options that are convenient and ready to cook are in greater demand due to rapid urbanization and changing lifestyles. Fresh pasta appeals to busy urban consumers looking for quick and easy meal alternatives because of its diversity and ease of preparation.
Furthermore, the rest of the world's Fresh Pasta market is divided into the Middle East, Africa, and Latin America. This growth is attributed to the region's rising use of expensive food items, including fresh pasta. Government support, a rise in investor interest, and the viability of the technology in the sector are all contributing factors to the market expansion.
Key Findings of the Study
- The global Fresh Pasta market is expected to reach USD 2 billion by 2032, at a CAGR of 3.50% during the forecast period.
- The Asia-Pacific region accounted for the fastest-growing global market due to the increasing disposable incomes is results of economic growth in many Asia Pacific nations.
- Based on application, the Restaurant segment was expected to hold the largest market share in 2022.
- Barilla Group - Italy, Ebro Foods - Spain, Nestlé SA - Switzerland, General Mills - United States, Newlat Food - Italy, De Cecco - Italy, Vicenzi Group - Italy, Fresh Cuisine - United States, Marcello Raffetto - United States, Buitoni Italy (Nestlé subsidiary), Roncadin – Italy, Lustucru Frais - France (Ebro Foods subsidiary), The Gragnano Pasta Factory - Italy, Cirio Delverde food industries - Italy, Pasta Evangelists - United Kingdom, Lancia Pasta - United States, Paesana - United States, Pasta Lensi - Italy, Davinci - United States, Manicaretti Italian Food Importers United States, Fratelli Carli - Italy, Seggiano - Italy
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Companies Covered | 15 |
Pages | 128 |
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