Pasta Market Is Expected To Witness Massive Growth With Industry Leader Conagra Brands, Inc. Introducing New Classic Italian Pasta Varieties Namely Bertolli Modern Italian Pasta Skillsets
Pasta is a kind of food usually made of a dry dough of wheat flour combined with eggs or water, rolled into thin sheets, cut into long pieces, and baked or fried. It is one of the most popular foods in Italy, and in many other countries in the world. It is a staple food for most Italian people, especially on Sundays. They enjoy having a large bowl of pasta dishes during this time, which they usually eat with meat or fish. The pasta that most Italians like to eat is called spaghetti. Spaghetti comes in various shapes and sizes, although it is usually just a bowl of noodles. In the early days, this was mainly created as a last meal before leaving home for the Sunday service.
Increasing demand for convenience
food products is expected to drive growth of the global pasta market. Rising
urbanization and increasing population of working women have increased the
demand for convenience food in both developed and emerging economies. As a
result of this, major food processing brands are launching novel and
ready-to-eat pasta in numerous varieties. For instance, in July 2020, Conagra Brands
Inc., a U.S.-based food company, launched Birds Eye Meatless Lasagna with
Gardein Plant-based protein. Furthermore, in February 2021, THIS, a U.K.-based
vegan brand, introduced Arrabiata Pasta, a classic Italian dish. Hence, such
factors are expected to drive growth of the global pasta market. Furthermore,
rapid growth of the foodservice industry is expected to propel the global pasta
market growth in the near future.
Stringent competition in the market
due to the presence of well-established players is expected to hamper the
global pasta market growth in the near future. However, rising demand for
clean-label products can provide major business opportunities for market
players in the near future. Among regions, Europe is expected to witness
significant growth in the global pasta market. This is owing to the fact that
pasta is one of the primary staple foods in European counties. Furthermore,
North America is expected to register a robust growth rate, owing to rising
popularity of pasta across the region.
Key players involved in the global
pasta market are General Mills, Inc., Barilla G. e R. F.lli S.p.A., Conagra
Brands, Inc., Thai President Foods Public Company Limited, Quinoa Corporation,
Del Monte Foods, Inc., Ebro Foods, S.A., Ajinomoto Co., Inc., Unilever, and
Nestlé S.A.
For instance, in July 2019, Conagra
Brands, Inc. launched Bertolli Modern Italian Pasta Skillsets.
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