Penne Pasta Market was valued at USD 2.5 Billion in 2022 and is projected to reach USD 3.8 Billion by 2030, growing at a CAGR of 6.3% from 2024 to 2030.
The global penne pasta market was valued at approximately USD 4.1 billion in 2022. With a steady growth trajectory, the market is projected to expand at a compound annual growth rate (CAGR) of around 5.2% from 2023 to 2028. This growth is driven by the increasing popularity of Italian cuisine and the rising trend towards convenient and ready-to-cook meals. The market's expansion is further supported by the growing demand for diverse pasta shapes and the adoption of healthier and organic variants of penne pasta.Emerging markets present significant opportunities for growth, particularly in regions such as Asia-Pacific and Latin America. These regions are witnessing a surge in middle-class consumers with changing dietary preferences and an increased inclination towards global cuisine. Additionally, the growing trend of online grocery shopping is enhancing market accessibility and availability, fueling further growth. The evolving consumer preferences towards premium and innovative pasta products are likely to drive the market forward, creating new opportunities for market players and investors.
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Giovanni Rana
Ami
Andriani
Waitrose
Il Pastaio
SpaghettoFactory
Barilla
RP's Pasta Company
Heinz
Bionaturae
De Cecco
Doves Farm Foods
Dr.Schar
Pasta Jesce
Marcello Raffetto
Garofalo
Jovial Foods
Newlat
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Penne Pasta Market
Residential
Restaurant
Airplane & Train
Others
Based on Types the Market is categorized into Below types that held the largest Penne Pasta market share In 2023.
Wholewheat
Mixed Grain
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Penne Pasta Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Penne Pasta Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Penne Pasta Market, By Type
6. Global Penne Pasta Market, By Application
7. Global Penne Pasta Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Penne Pasta Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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