Pasta and Noodles Market Accelerates Due to Globalization of Food Culture
The global pasta and noodles market was valued at USD 83.49 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 3.5% from 2023 to 2030. In recent years, the rising demand for international cuisines has significantly boosted the consumption of pasta and noodles worldwide. Notably, Italian pasta consumption has increased in both the U.S. and various Asian countries, which supports the market’s positive growth outlook. Despite the challenges posed by the COVID-19 pandemic and the subsequent global economic downturn, the pasta and noodles industry recorded sales exceeding USD 78.70 billion in 2020. This increase was largely driven by a surge in purchases of packaged and shelf-stable products. Pasta, in particular, became popular due to its long shelf life, making it a preferred choice for consumers aiming to stockpile food for extended periods. During the pandemic, dried pasta demand in grocery stores surged dramatically. According to The...