About Pasta and Noodles
Pastas and noodles have existed for over thousands of years and are an important part of the diet and culture of Asian countries such as China and Japan. Instant noodles were invented in 1958 by Nissin Foods Group. Pastas and noodles are made from wheat semolina, water, and other ingredients such as flour, corn, rice, eggs, and spices.
Technavio’s analysts forecast the global pastas and noodles market to grow at a CAGR of 3.73% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global pasta and noodles market for the period 2016-2020. The market sizes and forecasts provided in this report are calculated on the basis of revenue from the retail sale of pastas and noodles.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Pasta and Noodles Market 2016-2020
Technavio recognizes the following companies as the key players in the Global Pasta and Noodles Market: Barilla, Nestlé, Nissin Foods and Ting Hsin International Group.
Other Prominent Vendors in the market are: Acecook Vietnam JSC, Brf Brasil Foods, CJ Group, Comercial Gallo, Conad, ConAgra Foods, Creamette, De Cecco, Delverde, General Mills, Gerardo di Nola, House Foods Group, ITC, Kraft Heinz Company, Kroger, La Molisana, Masan Consumer, Nongshim, Ottogi Foods, Panzani, Pastificio Rana, Pinehill Arabia Food, San Remo Macaroni Company Pty Ltd, Teigwaren Riesa, Toyo Suisan Kaisha Ltd and Uni-President Enterprises.
Commenting on the report, an analyst from Technavio’s team said: “Health-and-wellness varieties of pastas and noodles include gluten-free, organic, high-fiber, fortified, and reduced-carbohydrate. Companies now offer a wide array of products that cater to this growing demand.”
According to the report, increasing health awareness and growing concerns about the hygiene and quality of food bought outside have led to the increased preference for home-cooked food. Consumers now look at convenient options such as pasta and noodles that can be cooked with minimal time and effort. The growing number of working women globally has also led to an increase in demand for convenient food such as instant noodles, which can be cooked easily.
Further, the report states that Health concerns about the consumption of pastas and noodles, especially the instant cooking varieties, continue to challenge the market.
Barilla, Nestlé, Nissin Foods, Ting Hsin International Group, Acecook Vietnam JSC, Brf Brasil Foods, CJ Group, Comercial Gallo, Conad, ConAgra Foods, Creamette, De Cecco, Delverde, General Mills, Gerardo di Nola, House Foods Group, ITC, Kraft Heinz Company, Kroger, La Molisana, Masan Consumer, Nongshim, Ottogi Foods, Panzani, Pastificio Rana, Pinehill Arabia Food, San Remo Macaroni Company Pty Ltd, Teigwaren Riesa, Toyo Suisan Kaisha Ltd, Uni-President Enterprises.
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