The key players included in the market report are Nestlé S.A., ITC Limited, BambinoAgro, MTR Foods, and Del Monte Foods, Inc, among others. The Indian pasta market reached a value of USD 392 million in 2020. The market is further expected to grow at a CAGR of more than 16.2% between 2022 and 2027 to reach a value of approximately USD 965 million by 2026.
Pasta is an essential part of traditional Italian cuisine, made from durum wheat semolina, mixed with water, formed into shapes and then cooked by boiling or baking. Many additional ingredients have been used to improve pasta's nutritional properties, such as fibres, proteins, and vitamins. Pasta is a carbohydrate food as it is more slowly digested than many other foods.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Rising urbanisation, changing lifestyle, and increasing working population moving towards ready to eat products are the key drivers of the Indian pasta market. An increasing awareness of the health benefits of pasta such as, enhancing digestion, being cholesterol-free, preventing diabetes and obesity, lowering the risk of heart disease because of low glycemic index will further boost the Indian pasta market. Growing demand for pasta amongst the younger population owing to longer shelf-life and ease of preparation is expected to propel the growth of the Indian pasta market during the forecast period. Even the manufacturer is focusing on expanding their product in terms of different shapes is anticipated to drive the Indian pasta market. However, consumer shift towards gluten-free pasta is the main factor hindering the Indian pasta market.
Headquarters: Vevey, Switzerland
Nestlé S.A. is a Swiss multinational food and drinks processing conglomerate corporation. It is the largest food company in the world, measured by revenue and other metrics since 2014. It ranked no. 64 on the Fortune Global 500 in 2017 and no. 33 on the 2016 edition of the Forbes Global 2000 list of largest public companies. Nestlé's products include baby food, medical food, bottled water, breakfast cereals, coffee and tea, confectionery, dairy products, ice cream, frozen food, pet foods, and snacks.
Headquarters: Kolkata, India
ITC Limited is an Indian company headquartered in Kolkata, West Bengal. ITC has a diversified presence across industries such as cigarettes, FMCG, hotels, packaging, paperboards, speciality papers, and agribusiness. The company has a total of 13 businesses in 5 segments. Also, there are 90 countries where ITC exports its products. Its products are available in 6 million retail outlets.
Headquarters: Secunderabad, India
Bambino's pasta products are manufactured from Semolina (suji/rava) and come in various forms (fusilli, penne, macaroni, etc.). The products are used in cosy family meals and exotic gourmet lunches. Vermicelli is widely used in Indian homes and is nothing but a variant of pasta. Over the years, Bambino has worked towards bringing convenience to consumers' lives. Adapting to the changing lifestyles and consumer behaviour, they have also introduced a wide range of products in convenience food, ready-to-eat and blended spices segments.
Headquarters: Bengaluru, India
MTR Foods is a food products company based in Bengaluru, India. The company manufactures a range of packaged foods, including breakfast mixes, ready to eat meals, masalas and spices, snacks and beverages. MTR Foods is a subsidiary of Norwegian conglomerate Orkla.
Headquarters: Walnut Creek, California, United States
Del Monte Foods, Inc (trading as Del Monte Foods) is a North American food production and distribution company headquartered in Walnut Creek, California, United States. Del Monte Foods is one of the country's largest producers, distributors and marketers of branded processed food for the United States. Its brands includes Del Monte, S&W, Contadina, College Inn, Fruit Burst, Fruit Naturals, Orchard Select and SunFresh. The company also produces, distributes and markets private-label food.
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.