According to the latest report by IMARC Group, titled "Food Service Pasta Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the global food service pasta market reached a value of US$ 4,650.3 Million in 2021. Pasta is generally prepared from an unleavened dough that mainly consists of flour, egg, vegetable oil and water, which is further extruded into various shapes and sheets. It differs on the basis of textures and tastes and is widely available across the globe. It is a staple food of Italian cuisine that is popularly served with sauces, soups, vegetables and meats. Food service pasta is generally offered across quick-service restaurants, full-service restaurants, cafes and social and commercial catering. It includes the selling of multiple varieties of pasta via takeaways and home deliveries or immediate consumption that is usually pre-prepared.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Food Service Pasta Market Trends:
The global market is primarily driven by the growing popularity of takeaway services among the masses. This is supported by the emergence of home delivery models, along with the proliferation of food service outlets across the globe. Along with this, the changing dietary patterns and the rising preference for convenience food items due to the hectic routine and busy schedules led by working professionals have created a positive market outlook. Moreover, continuous improvements in the food and beverage sector are providing a boost to the demand for food service pasta among individuals, especially young adults. In line with this, various food service establishments are adopting ready-prepared systems, wherein pre-prepared foods are stored and served to customers, thereby contributing to the market growth across the globe. Furthermore, the introduction of vegan, low calorie and gluten-free pasta variants in the market are gaining widespread prominence among the masses. Some of the other factors impacting the market include the escalating popularity of Italian cuisine among individuals and the inflating per capita income levels. On account of the aforementioned factors, the market is anticipated to reach a value of US$ 5,922.8 Million by 2027, growing at a CAGR of 3.4% during 2022-2027.
- On the basis of the product type, the market has been segregated into dry, fresh and frozen pastas (filled, simple and ready meal pasta).
- Based on the foodservice channel, the market has been classified into full-service restaurants, hotels and leisure, social and commercial catering, quick service restaurants, travel catering, cash and carry, bars and cafes and others.
- On the basis of the region, the market has been divided into North America (the United States and Canada), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others), the Middle East and Africa (Saudi Arabia, Turkey and others) and Latin America (Brazil, Mexico and others).
- The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.?Some of these players include 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.
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