Top Companies in Pasta Market | VMR Exclusive Industry Top Key Players Comprehensive Study
Pasta is a traditional Italian dish composed with dough, water, eggs, veggies, and oil. The dough is kneaded into a variety of shapes, including penne, spaghetti, farfalle, fettuccine, barbine, and so on.
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Upcoming Trends in Pasta Market
The Global Pasta Market is valued at USD 42.1 Billion in the year 2021 and is projected to reach a value of USD 64.25 Billion by the year 2028. The Global Market is projected to grow to exhibit a Compound Annual Growth Rate (CAGR) of 7.3% over the forecast period. Pasta has been identified as a constituent of healthy meals in Latin America and the Mediterranean regions. The dish is a delicious & favorite meal of families across the globe and serves as a key functional food. It also possesses a large number of nutritive supplements and has positive therapeutic effects on the health of an individual. As per an NCBI study on the relation between Pasta intake with BMI and waist-to-hip ratio, the consumption of Pasta did not impact the health of the persons residing in the Mediterranean region nor did it increase their obesity.
With a high intake of Pasta in the U.S., no impacts witnessed on obesity levels of individuals will steer the market growth over the forecast timeline. Apart from this, after the Pasta is cooked correctly it can possess a low glycemic index and can be contributed majorly to the satisfaction of an individual. Furthermore, after the Pasta is consumed with tomato products it offers a high source of dietary lycopene. This will expand the market scope over the forecasting years.
Moreover, epidemiologic evidence has unleashed the intake of foods enriched in phytochemicals consumed with Pasta displaying a reduction in the cases of heart ailments, cancer, obesity, and diabetes. In addition to this, Pasta also helps in reducing chronic degenerative ailments and raises the nutrient quality of the diet. All these aforementioned factors are anticipated to steer the expansion of the Pasta industry over the forthcoming years.
Some of the key players operating in the Pasta Market are listed below:
|
Company Name |
Revenue in USD |
|
$39 Million |
|
$4 Billion |
|
$34 Million |
|
$18 Billion |
|
$11 Billion |
|
$8 Billion |
|
$12 Million |
|
$7 Million |
Strom Products Ltd. was an American food manufacturer in Bannockburn, Illinois best known for its "No Yolks" brand of cholesterol-free noodles made without egg yolks. Strom Products was acquired by Ebro Foods under its New World Pasta subsidiary in 2012.
Nissin Food Products Co., Ltd. is a Japanese food company that specializes in the production and sale of convenience food and instant noodles. The company is listed as 2897 (TYO) on the Tokyo stock market. In 2021, the company generated revenue of USD 3.59 billion and has approximately 7,000 employees working.
Armanino Foods of Distinction, Inc. is an international food company that manufactures and markets frozen Italian specialty food items such as pestos, sauces, and filled Pastas to the food service, retail, and industrial markets.
General Mills, Inc. is an American multinational manufacturer and marketer of branded consumer foods sold through retail stores. Founded on the banks of the Mississippi River at Saint Anthony Falls in Minneapolis, the company originally gained fame for being a large flour miller. The company is listed as GIS (NYSE) on the stock market. In 2020, the company generated revenue of USD 17.63 billion and has 35,000 employees working.
Conagra Brands, Inc. is an American consumer packaged goods holding company headquartered in Chicago, Illinois. Conagra makes and sells products under various brand names that are available in supermarkets, restaurants, and food service establishments. The company is listed as CAG (NYSE) on the stock market and generates revenue of USD 11.05 billion in 2020.
Campbell Soup Company, doing business as Campbell's, is an American processed food and snack company. The company is listed as CPB (NYSE) in the stock market and generated revenue of USD 8.61 billion in 2020.
American Italian Pasta Company was a Pasta manufacturing company with corporate offices in Kansas City, Missouri, and plants in Excelsior Springs, Missouri; Columbia, South Carolina; Tolleson, Arizona; and Verolanuova, Italy.
Fiori Bruna, traditional Italian Pasta proudly made in the USA. Since 1985, Fiori Bruna has been manufacturing home-style artisan Pasta in Miami Gardens, FL. Founded by Italian-born Pasta lovers who wanted to bring the Italian tradition to the United States and now managed by the Yamin-Nobile Family, with over 60 years of expertise and leadership in the Pasta industry, guarantees excellence and high quality of all products made at Fiori Bruna.
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