About Fettuccine
Fettuccine is primarily introduced by the European countries especially Italy, which is now considered a global cuisine. Fettuccine is one of the types of pasta and noodles. These food products are generally made from an unleavened dough of durum wheat flour which is then blended with egg, it can be manufactured in a number of attractive shapes. Over the past few decades, since the global working population has increased, it has ultimately increased the demand for ready to eat and instantly made food products. Several flavors are being introduced to the global markets according to the local consumer tastes and preferences.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 9.3% |
The companies are exploring the market by adopting expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations.The Vendors having a strong hold in the market are Barilla Group, Buitoni, De Cecco, Divella, and La Molisana. Analyst at AMA Research estimates that Italian Vendors will contribute the maximum growth to Global Fettuccine market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Barilla Group (Italy), Buitoni (Italy), De Cecco (Italy), Divella (Italy), La Molisana (Italy), Giovanni Rana (United States), Voiello (Italy), C.F. Mueller Company (United States), National Pasta Association (United States) and Demaco (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Fettuccine market by Type (Dried, Fresh and Others), Application (For Baking, For Boiling and For Other Purposes) and Region.
On the basis of geography, the market of Fettuccine has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, 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). If we see Market by Distribution Channel, the sub-segment i.e. Online Retail will boost the Fettuccine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Demand for High Calory and Minimal Fat Based, Healthy Fettuccine and Introduction to the Past which Minimizes the Risk of High Blood Pressure
Market Growth Drivers:
Upsrgiing Demand for Ready to Eat or Instant Food Products across the Global Population and Increase in Online Delivery Restaurants and Working Professionals
Challenges:
Stringent Government Regulations on Manufacturing Packaged Food Products and Continuously Changing Consumer Preferences and Changing Eating Habits
Restraints:
Availability if Numerous Substitute Foof Products and Demand Volatility since the Global Market is Dominated by European Consumers
Opportunities:
Cultural Effects Leading to Increased Consumption from Asian Countries like Japan, Korea, China, and other South Asian Countries
Market Leaders and their expansionary development strategies
July 14, 2023, Ebro Foods, a Spanish multinational food processing company, acquires Garofalo, an Italian pasta manufacturer known for its premium fettuccine.
On July 18, 2019, The Barilla Group has switched to 100% cage-free eggs for all of the Group’s egg supply chains in all the countries in which it operates and has now completed the changeover also in the United States, Turkey, and Brazil. The Barilla Group will use free-range eggs only, in keeping with its mission successful for its consumers and positive for the environment.
The Food and Drug Administration (FDA) that has defined standards of identity for macaroni products regulate the U.S. pasta which says "Fresh pasta's which are prepackaged must have water content more than 24%, must be stored refrigerated at a temperature less than 4°C and 2°C tolerance, heat treatment must be equivalent to pasteurization, and to be sold within 5 days of the manufacturing date. In the U.S. and other European countries, pasta is usually consumed as the staple carbohydrates.
Key Target Audience
Fettuccine Manufacturers, Fettuccine Distributors and Suppliers, Fettuccine International Traders, Fettuccine Upstream Downstream Buyers, Food and Drug Industry Associations, Research and Development Institutes, Government Agencies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.