Pasta and Noodles Market 2019 —
Noodles and pasta have become very popular food staples all over the world. Pasta has its origin from Italy and it was originally made from durum wheat flour. There are references of pasta even as early as the 1st century AD. While pasta is very common in all European countries, it has also become a staple food source in the USA and other American nations. Noodles are stringy, long strips of dough that are either steamed or fried. The origin of noodles is from China. Its consumption dates back to more than 4000 years. Both pasta and noodles are good source of carbohydrates and are very tasty when eaten with a variety of sauces and toppings.
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The main reason why the global pasta and noodles market is in for growth is the need for instant food among various kinds of people. Working professionals have very less time to cook and both pasta and noodles can be made quickly, with very less effort. They are, therefore, made multiple times a week. The key players in this market are also quickly introducing multiple flavors in these food items. These flavors also add to the appeal and increase the consumption rate. This report discusses the different segments in this market and projects the market size based on multiple factors like product type, key players, and end users.
There are a total of 16 key players that this report has chosen to analyze. These players all have large market shares in this industry. The top few names discussed here are Nissin Foods, Nestle, Conad, General Mills, Ting Hsin International Group, and Brf Brasil Foods. Different factors like the sales volume, the market share held, the market competition landscape, and the recent developments in these businesses are discussed.
Based on the market size by product, the report talks about ambient pasta and noodles, chilled pasta and noodles, and dried pasta and noodles. There are two end users mentioned in the report - family and commercial. Given the need for quick cooking in homes, the family market will grow very well in the forecast period of 2019 to 2025.
Almost all countries and areas globally consume these carbohydrate loaded food items these days. Some of the top regions considered in this report are North America, Europe, Canada, Mexico, Singapore, Malaysia, Europe, Germany, China, India, Japan, and the Middle East and African countries. Asia pacific will see amazing growth in the global pasta and noodles market during the forecast periods. China and India will especially hold the lion’s share.
As of August 2019, Nestle India is looking to set up a new maggie manufacturing plant in Gujarat, India very soon. There are already 3 plants in India and the 4th plant will have an investment of 700 Crore and will be developed in the next two years. This is a result of high demand for maggie all over India.
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