Production of Pasta and Macaroni. Opportunities for Entrepreneurs to Start Own Industry in Food Processing.
Most Italian-type pasta is made from semolina, a grain product taken from the endosperm of durum wheat during milling. Pasta consists mainly of carbohydrates and mineral salts. It also contains very small amounts of protein, fat, and vitamins (mostly vitamin B1). Vitamins are added to all pasta imported to the United States.
Macaroni is one of the most common tube pasta shapes with its short, semicircular shape. There are a few sizes of elbow macaroni for use in a many different types of dishes including soups, salads and casseroles, as this shape offers lots of options for recipes.
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As a category in Italian cuisine, both fresh and dried pastas are classically used in one of three kinds of prepared dishes: as pasta asciutta (or pastasciutta), cooked pasta is plated and served with a complementary side sauce or condiment; a second classification of pasta dishes is pasta in brodo, in which the pasta is part of a soup-type dish.
Uses
Pasta is generally served with some type of sauce; the sauce and the type of pasta are usually matched based on consistency and ease of eating. Northern Italian cooking uses less tomato sauce, garlic and herbs, and white sauce is more common. However Italian cuisine is best identified by individual regions. Pasta dishes with lighter use of tomato are found in Trentino-Alto Adige and Emilia Romagna. In Bologna, the meat-based Bolognese sauce incorporates a small amount of tomato concentrate and a green sauce called pesto originates from Genoa. In Central Italy, there are sauces such as tomato sauce, amatriciana, arrabbiata and the egg-based carbonara. Tomato sauces are also present in Southern Italian cuisine, where they originated.
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Market Outlook
As pasta is a convenient and healthy food product, the consumption of pasta is increasing, especially for vermicelli, fusilli and macaroni. Apart from this, several regional and international manufacturers are introducing a wide variety of pasta in emerging and potential markets for catering to the changing tastes and preferences of consumers. They are also experimenting with different ingredients, such as carrot, spinach, beet juice and herbs, and launching innovative pasta variants including organic, vegan and gluten-free pasta to attract consumers. However, the rising popularity of low-carbohydrate diets can pose a threat to the market growth. Looking forward, IMARC Group expects the global pasta market to exhibit steady growth during the next five years. The global pasta market was estimated at 13 (USD Billion) in 2019 and is projected to be valued at 16 (USD Billion) by 2025 at a CAGR of about 2.9% over 2019-2025.
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The pasta market in India reached a sales value of US$ 335.4 Million in 2018, exhibiting a CAGR of 17.1% during 2011-2018. Looking forward, the market value is projected to reach US$ 821.9 Million by 2024, registering a CAGR of 16% during 2019-2024. On account of increasing awareness about health benefits of pasta as it is made of semolina durum wheat and not from refined flour.
Dried pasta has gained popularity across the world and is the most widely-consumed pasta. However, market growth in this segment will be slower than the growth of the market in the other segments. Growing demand for fresh and instant pasta is expected to contribute to the growth of the other pasta segments during the forecast period. This report provides an accurate prediction of the contribution of all the segments to the growth of the pasta market size.
Related Project: - Pasta and Macaroni
The growing popularity of pasta as an alternative to rice and other staple meals at the global level is expected to remain a favorable factor for industry growth. The use of packaged pasta sauce reduces the time required for collecting every single ingredient required for the sauce, processing it, and preparing the dish drastically. As a result, such products are expected to gain popularity among students and working-class professionals. Over the past few decades, the globe has been witnessing a significant increase in the middle-class population, which has led to its high dependency on imported food and farm products. Increasing the middle-class population, coupled with rapid urbanization, has boosted demand for convenience packaged foods, including pasta.
High growth in emerging economies such as China, India, Japan and ASEAN countries. Latin American countries, offer ample expansion opportunities for major players. The high consumption of processed and convenience food products in growing economies of Asia-Pacific and Latin America and growing demand for ready to eat food products. Among all the segments, wheat pasta accounts for the highest market proportion over the past few years and it is projected to dominate the pasta market during the forecast period. However, maize pasta segment will expand at a high growth.
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Key Players:-
Bambino Agro Inds. Ltd.
Bambino Food Inds. Ltd.
Capital Foods Pvt. Ltd.
Fieldfresh Foods Pvt. Ltd.
I T C Ltd.
M T R Foods Pvt. Ltd.
Nestle India Ltd.
Savorit Ltd.
Shree Foods Ltd.
Venkatramana Food Specialities Ltd.
Weikfield Foods Pvt. Ltd.
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