The latest research study “Food Service Pasta Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global food service pasta market reached a value of US$ 4,650.3 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 5,922.8 Million by 2027, exhibiting at a CAGR of 3.4% during 2022-2027.
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Pasta is an Italian cuisine prepared by mixing flour, water, oil, and egg. It differs in taste and texture and is kneaded in various shapes commonly known as penne, macaroni, spaghetti, fusilli, and farfalle. Food service pasta includes the sales of pasta for consumption, takeaways, and home deliveries. These pasta variants are available across quick-service restaurants (QSRs), cafes, social and commercial catering, and full-service restaurants. Frozen, dry, and fresh pasta are some of the commonly used food service pasta available in the market.
COVID-19Impact on Market: As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Food Service Pasta Market Trends and Drivers:
The market is primarily driven by the expanding food service sector, along with the rising trend of take-outs and home deliveries. Additionally, the escalating demand for ready-to-eat food products due to sedentary lifestyles and shifting dietary patterns of individuals represent another growth-inducing factor.
Along with this, the shifting consumer preferences toward hygienic, hassle-free, and readily available nutritious food is further propelling market growth. Moreover, various food service restaurants are customizing their consumer’s meals according to their dietary preferences, taste, and budget while also serving authentic pasta dishes.
This, coupled with the introduction of healthy product variants, such as vegan, gluten-free, low-calorie, and organic pasta, across food service outlets, is also creating a positive market outlook.
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Global Food Service Pasta Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Food Service Pasta Companies:
Ajinomoto Co. Inc., Altoni Pasta, Armanino Foods of Distinction, Inc., Barilla G. E R. Fratelli Spa, Dakota Growers Pasta Company, Inc., Ebro Foods, S.A., F.lli De Cecco di Filippo SpA, M. Dias Branco, MAKFA, Nestle, Pasta Foods, Pierino Frozen Foods, and TreeHouse Foods Inc.
The report has segmented the market on the basis of region, product type, and foodservice channel.
Breakup by Product Type
- Dry Pasta
- Fresh Pasta
- Frozen Pasta
- Filled Pasta
- Simple Pasta
- Ready Meal Pasta
Breakup by Foodservice Channel
- Full-Service Restaurants
- Hotels & Leisure
- Social & Commercial Catering
- Quick Service Restaurants
- Travel Catering
- Cash & Carry
- Bars & Cafes
- Others
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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