Glutenfree Pasta- Market Scope
The global Gluten-free Pasta market is expected to witness high growth in the forecasted period due to rising health awareness among people across the world. Gluten-free pasta is regular pasta made with a bit of spinach, often in powder or puree form. The rising popularity of ready-to-eat food, increasing demand due to online availability of the food products, growing demand for Gluten-free Pasta. These are a key triggering factors of the global Gluten-free Pasta market
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Barilla (Italy), DeLallo (United States), Tinkyada (Canada), Ronzoni (United States), Le Veneziane (Italy), ZENB (United States), Jovial (United States), Palmini (Italy), Banza (United States), Garofalo (Italy) and Other |
CAGR | 4.6% |
The local companies are exploring the market by adopting mergers & acquisitions, product expansions, development, investments, and collaborations as their preferred strategies. The players are exploring new geographic regions through expansions and acquisitions to avail a competitive advantage through combined synergies. The market is expected to grow in the hospitality industry. Several companies such as Barilla, DeLallo are operating in the market to provide customers with a better offer with various features & unique offerings. The market is a highly fragmented market with the presence of several local players.
Barilla (Italy), DeLallo (United States), Tinkyada (Canada), Ronzoni (United States), Le Veneziane (Italy), ZENB (United States), Jovial (United States), Palmini (Italy), Banza (United States), Garofalo (Italy) and Other are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Glutenfree Pasta- market by Type and Region with country level break-up.
On the basis of geography, the market of Glutenfree Pasta- has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
October 2023: Beyond Meat, a plant-based meat company, announces a partnership with chickpea pasta brand, Banza, to co-develop plant-based protein and pasta combinations
November 2023: Barilla, a major pasta producer, launches its first line of gluten-free pasta made from lentil and chickpea flour
Influencing Trend:
The rising popularity of Gluten-free Pasta Pasta’s over the globe among the young generation
Market Growth Drivers:
Increasing Consumption of Glue free Pasta due to it is higher in Vitamins and Minerals like Iron, Vitamin B6, and Calcium
Challenges:
Regulatory Guidelines on the Packaging of Food Products
Restraints:
Highly Added Additives
Opportunities:
Growing Demand for Italian Food
Key Target Audience
Regulatory Authorities, New Entrants/Investors, Strategic Business Planners, Governments, Raw Material Supplier and End-use Industry