PASTA AND COUSCOUS MARKET ANALYSIS

Pasta and Couscous Market, By Product Form (Dried, Fresh/Chilled, Others), By Product Type (Pasta (Ravioli, Macroni, Angel Hair, Spaghetti, Farfalle, Fusilli, Penne, Others), Couscous (Traditional, Whole Grain)), By Raw Material (100% Durum Wheat, 100% Wheat, Mix (Durum and Wheat), Barley, Rice, Maize, Multigrain, Others), By Distribution Channel (Supermarket/Hypermarket, Convenience Store, Unorganized Small Stores, Online Channels, Others), and By Region (North America, Europe, APAC, Latin America, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027

Published In : Mar 2020
Code : CMI3578
Pages :120
Formats :
Excel and PDF
Industry : Food and Beverages

Pasta And Couscous MarketSize and Trends

The global pasta & couscous market is projected to reach around US$ 44.0 billion by the end of 2027, in terms of revenue, growing at CAGR of 3.8% during the forecast period (2019-2027).

Market Trends

The rising focus of manufacturers to expand their product portfolio and geographical expansion by entering into a new market is expected to foster the market growth of pasta & couscous. For instance, in October 2016, in order to expand its business in the market in Brazil, Kellogg Co. purchased Brazil’s Parati Group for around US$ 430 million. This acquisition is Kellogg’s largest in Latin America and will enable it to expand its presence in emerging markets such as Brazil.

Various manufacturers are focusing on expanding its production facility in order to cater to rising demand for pasta and couscous products is expected to augment the market growth. For instance, in February 2016, Valley Fine Foods announced plans to expand production capacity on the East Coast in order to support retail growth and cater to increasing demand for its food products in the domestic market. As a part of the move, the company has built out and add two new production lines for fresh pasta and sauces.

Pasta And Couscous Market Report Snapshots