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India Spaghetti Market to Grow at a CAGR of 16% During 2022-2027, Driven by Innovations in Product Portfolio by Leading Market Players

According to a new report by EMR titled, ‘India Spaghetti Market Report and Forecast 2022-2027’, the India spaghetti market is expected to grow at a CAGR of 16% during the forecast period of 2022-2027.

The rise in the Indian market for spaghetti is attributable to the rising awareness regarding international cuisines owing to the strong influence of social media, growing urban cities, and surging per capita incomes. The market has been significantly determined by the innovations in product by leading companies. The development of different variants of spaghetti such as wheat, quinoa, and gluten-free ingredients that address the demands of health-conscious consumers are providing impetus to the growth of the market. The introduction of ready-to-cook spaghetti to cater the demands of dual working households is another factor stimulating the growth of the industry. Shifts in manufacturing practices and the introduction of clean-label products with longer shelf life are factors further pushing the market growth of spaghetti in India. Apart from this, the market is further anticipated to witness surge with inflating disposable incomes, the flourishing restaurant industry, and the expanding food and beverage sector of India.

Disano, a leading provider of pasta and its by-products in the Indian market, offers a wide range of pasta products including spaghetti. The spaghetti by Disano is made from durum wheat, has a long shelf lie, and is rich in Vitamin-B. In addition, the product is widely available through various offline retail channels and online distribution channels including Amazon (NASDAQ: AMZN), Flipkart, Big Basket, and Grofers. Such products by leading market players are pushing forward the growth of the market.

Market Analysis by Product, End-Use, Distribution Channel, and Region:

  • Based on product, the market can be divided into fresh and dried.
  • The market, based on end-use, can be categorised into retail and HoReCa.
  • On the basis of distribution channel, the market segmentations include supermarket and hypermarket, convenience store, and online, among others.
  • The regional markets for spaghetti in India include North India, South India, East India, and West India.

Key Findings of the Report:

  • The market is being driven by the rising awareness regarding international cuisines owing to the western influence, social media penetration, and growing urban population.
  • The rising industrial demand for spaghetti from the restaurant industry in India is positively influencing the growth of the market.
  • The strong establishment of offline and online distribution channels which aid in quick, easy, and affordable availability of spaghetti in the country is stimulating the market growth.
  • The expansion in product portfolio with the introduction of gluten free, ready-to-cook, packed, and spaghetti with long shelf lives is augmenting the growth of the market.

Key Offerings of the Report:

  • The EMR report gives an overview of the spaghetti industry in India for the periods (2017-2021) and (2022-2027).
  • The report also offers historical (2017-2021) and forecast (2022-2027) markets for products, end-uses, distribution channels, and regions of spaghetti.
  • The report analyses market dynamics, covering the key demand and price indicators in the market along with an assessment of the SWOT and Porter’s Five Forces Model.

The major players in the India spaghetti market are Gustora Foods Pvt. Ltd., Agastya Nutri Food, Bambino Agro Industries Limited, Savorit (House of Naga), Disano, and Borges International Group, S.L., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium-sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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