The Plant-Based Pasta Market size is expected to grow from USD 182.17 Million in 2022 to USD 310.67 Million by 2030, at a CAGR of 6.9% during the forecast period.
Plant-Based Pasta is a food item made from a dough of various plant sources, such as whole wheat, lentils, brown rice, black beans, chickpeas, and more which is squeezed into various shapes and cooked in boiling water. Plant-Based pasta is different from the standard white pasta which is made from durum flour and eggs as the composition i.e. the ingredients used in both are different. White standard pasta is high in refined carbs, low in nutrients, while the plant-based pasta contains more fiber, protein, vitamins, and minerals making it a healthier choice than the standard pasta. Several health benefits of plant-based pasta are leading it to be a favorite choice in the market. Eating such pastas makes good gut bacteria feed on the fiber and produce short-chain fatty acids (SCFAs) which helps to strengthen the gut lining and reduce inflammation.
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The Top Key Players Covered in Plant-Based Pasta Market are:
· Barilla Group (Italy)
· De Cecco (Italy)
· Colavita (Italy)
· Bionaturae LLC(USA)
· Rummo (Italy)
· Nuovo Pasta (USA)
· The Only Bean (USA)
· General Mills, Inc (USA)
· Nestlé (Switzerland)
· Garofalo (Italy)
· Banza LLC (USA)
· Seggiano ltd (UK) and Other Key Players
The latest research on the Plant-Based Pasta Market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Plant-Based Pasta Market industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Plant-Based Pasta Market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.
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Segmentation Analysis of Plant-Based Pasta Market:
By Type
· Penne
· Spaghetti
· Elbows
· Filled Pasta
· Others
By Category
· Organic
· Regular
By Source
· Wheat
· Legumes
· Rice
· Oats
· Others
Region and Country level Analysis:
§ North America (U.S., Canada, Mexico)
§ Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
§ Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
§ Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
§ Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
§ South America (Brazil, Argentina, Rest of SA)
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Report includes Competitor's Landscape:
· Major trends and growth projections by region and country
· Key winning strategies followed by the competitors
· Who are the key competitors in this industry?
· What shall be the potential of this industry over the forecast tenure?
· What are the factors propelling the demand for the Action Figures and Statues?
· What are the opportunities that shall aid in significant proliferation of the market growth?
· What are the regional and country wise regulations that shall either hamper or boost the demand for Action Figures and Statues?
· How has the covid-19 impacted the growth of the market?
· Has the supply chain disruption caused changes in the entire value chain?
COVID-19 Impact on the Global Plant-Based Pasta Market
· COVID-19 Pandemic has notably impacted Plant based pasta market, leading to fall in sales. The reason behind the lower sales is interruptions in the supply chain of several specialty food products including plant-based pasta. Also, the supply of raw material used for pasta was discontinued during the pandemic period, strict regulations on supplies and lockdowns resulted in halt on almost every Sales Chanel which added to the lower production and sales of plant-based pasta.
· Accessibility and need of essential food items during the pandemic period, made consumers to shift towards wholegrains rather than refined food products, which ultimately shrunk the plant-based pasta sales. However, as people started getting more mindful towards health and diet subsequently after the COVID-19, it can be concluded that the pandemic served as a great demand lifting factor, owing to consumer shift towards plant-based product to reduce the food allergy and immune problems that spread from animal-based food products.
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