Global Fresh Pasta Market by Product Types (Long Style Pasta, Short Style Pasta, and Filled Style Pasta), Raw Materials (Wheat, Barley, Rice, and Mix) Distribution Channels (Supermarkets, Department Stores, Specialty Stores, and Online Sales), Application

The global fresh pasta market was valued at over USD 1011 million in 2019 and is expected to surpass nearly USD 1089 million by 2026, expanding at a CAGR of about 2% during the forecast period, 2020 – 2026. The growth of the market is due to increasing demand of pasta among the health cognizant buyers around the globe as it is rich in taste but without cholesterol and sodium. Pasta is a customary Italian dish and the most starch rich nourishments. It is produced using unleavened mixture comprising of wheat flour, water and eggs. The batter is massaged like bread mixture and afterward squeezed through rollers until it's as slight as wanted. At that point it's cut into long noodles or stuffed into tortellini and ravioli. There is a huge assortment of pasta accessible in various sizes and shapes. It very well may be added to soups, presented with a sauce or plate of mixed greens, and loaded down with meat or vegetables.

Market Trends, Drivers, Restraints, and Opportunities:

Huge investments in research and development and creating new products to cater to changing consumer needs are some of the key trends driving the growth of the market.
Increasing urbanization and busy lifestyles is expected to increase the demand for readymade food items which require less cooking time and skills. This, in turn, is driving the market growth.
Use of chemical preservatives creates health concerns among consumers which will restraint the growth of the market.
The policies and regulations of government agencies create a compliance burden for the manufactures. This is a restraint of the market.
The rising ecommerce especially in the untapped markets of emerging economies like China and product innovations are the opportunities to foster the growth of the market during the forecast period.

Scope of the Report

The report on the global fresh pasta market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report. AttributesDetailsBase Year2019Historic Data2018–2019Forecast Period2020–2026Regional ScopeAsia Pacific, Europe, North America, the Middle East & Africa, and Latin AmericaReport CoverageCompany Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Global Fresh Pasta Market Segment Insights:

Based on product types, the global fresh pasta market is divided into long style pasta, short style pasta, and filled style pasta. Long style pasta has the biggest pie in the market share of more than 40% in the global fresh pasta market in 2019 and will dominate the market during the forecast period. This product segment is expected to reach more than USD 487 million by 2026 from around USD 412 million in 2019 with a phenomenal CAGR of nearly 18%. On basis of raw materials, the market is divided into wheat, barley, rice, and mix. At present, wheat segment has majority of the total market share and will exhibits dominance in the market for the forecast period. However the mixed segment will grow at the fastest CAGR due to product differentiation and changing preferences of the consumers. In terms of distribution channels, the market is fragmented into supermarkets, department stores, specialty stores and online sales. Supermarkets are biggest share of the overall industry in 2018. Buyers favor purchasing from supermarkets because of the accessibility of various kinds and brands at discounted price. Online distribution channel is anticipated to witness the fastest CAGR for the forecasted period from 2020 to 2026 by virtue of easy item selection and doorstep delivery services. Also, increasing number of Smartphone and web clients is expected to drive the product deals through online. On the basis of applications, the global fresh pasta market is segmented into residential, restaurants, and airplanes & trains. The residential segment holds the largest share in terms of applications, and it is expected to be dominant in the market during the forecast period by growing at a substantial CAGR of more than 2% and reaching a volume consumption of more than 577 thousand metric ton by 2026. In terms of regions, the market is divided into Asia Pacific, Europe, North America, the Middle East & Africa, and Latin America. Europe enjoys the largest market segment due to huge demand for organic variants of pasta. On the other hand, the APAC is expected to witness the highest CAGR in the forecast period due to several growth opportunities in China and India.

Competitive Landscape:

Key industry members include Barilla G. e R. Fratelli Società per Azioni, Dakota Growers Pasta Co. Inc., Ebro Foods SA, F. Divella Spa, F.lli De Cecco di Filippo Fara San Martino Spa, Nestle SA, Rana USA Inc., The Kraft Heinz Co., TreeHouse Foods, Inc., and Unilever Plc. Major players operating in the global fresh pasta market are continuously involved in Research and Development, to gain a competitive edge in the industry.

In February 2020, Barilla launched new wheat based pasta Protein+ which is made from 100% plant protein from lentils, chickpeas, and peas.
In October 2019, Barilla completed its USD 65 million expansion project for its pasta plant and mill located at Ames in the United States.

The Global Fresh Pasta Market has been segmented on the basis of

Product Types

Long Style Pasta
Short Style Pasta
Filled Style Pasta

Raw Materials

Wheat
Barley
Rice
Mix

Distribution Channels

Supermarkets
Department Stores
Drug Stores
Departmental Stores
Online Retail Stores
Convenience Stores

Applications

Residential
Restaurants
Airplanes & Trains

Regions

Asia Pacific

China
India
Japan

Europe

Germany
K.
France

North America

S.
Canada

Latin America

Brazil
Mexico

Middle East & Africa