Global Fresh Pasta Machine Market was valued at USD 1.6 Billion in 2018, and is projected to exhibit a healthy CAGR over the forecast period 2020–2026. Factors like increase in preference for pasta, rise in number of home chefs, cafes and restaurants, easy usage and less time requirement to make pasta, coupled with less electricity consumption are driving the market growth.
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A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
- Increase in the number of home chefs, cafes, and restaurants and high demand for fresh pasta are fueling the market growth.
- Users prefer to buy pasta machines are easy to use and store, consume less electricity, and require less time to make pasta. Most machines are equipped with attachments or accessories such as cutters and extruders. These factors are driving the adoptions of the fresh pasta machines.
- High costs of fresh pasta machines are likely to hamper the growth of the market.
- Technology innovation and provision of prompt services are expected to create opportunities for the market players.