USA Dry Pastas and Noodles Market to Register CAGR of 9.4% Over 2019-2025
LOS ANGELES, December 2, 2019 (Newswire.com) - QY Research has recently published a new detailed market report titled, “USA Dry Pastas and Noodles Market Insights, Forecast to 2025” for the forecast period of 6 years. The report states that the Dry Pastas and Noodles market was valued at US$ 353.1 in 2018, and is expected to reach US$ 659.13 by the end of 2025. The market is expected to register a robust CAGR of 9.4% from 2019 to 2025.
High Demand for Instant Food to Drive Growth of the Dry Pastas and Noodles Market
The availability of a variety of products with various flavors is driving the Dry Pastas and Noodles market. The growing requirement of instant food and a rise in the number of working professionals has led to the growth of the market. Other factors such as convenience food and long shelf life are contributing to propel the growth of the market. Dry Pastas and Noodles can also be stored in refrigerators and can be cooked whenever required. These advantages are likely to fuel the growth of the market.
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Increasing Preference of Customers to Consume Healthy Food to Fuel the Growth of the Application Segment
Based on type, the Dry Pastas and Noodles market is bifurcated into dry noodles and dry pastas. Dry pasta can be stored at room temperature for an indefinite period. This is a major advantage, which has resulted in its increasing popularity leading to the growth of the segment. Based on applications, the market is segregated into the restaurant, residential, airplane & train, and others. Increasing awareness regarding healthy food and consumers preferring food choices containing plant-based fibers to ensure a low intake of carbohydrates without compromising on taste has resulted in the growth of the application segment.
Availability of Variety of Products Offering Different Tastes and Flavours Fuel the Growth of U.S. Market
The US held a significant share of the global market due to the high demand for a variety of products that offer different tastes and flavors. The market in the US is expected to witness remarkable growth due to factors such as the high popularity of instant food and longer shelf life. Wellness trends with consumption of low carbs diet and increasing preference for health-conscious food is driving the growth of the market in the region.
New Products with Innovative Ideas Help Companies to Strengthen Their Portfolio
Treehouse Foods, Barilla SpA, Patificio Lucio Garofalo, De Cecco, RPs Pasta Company, BiAglut, Bionaturae, Quinoa Corporation, Jinshahe, Jovial Foods Inc, and AMI Operating Inc. are some of the top market players operating in the Dry Pastas and Noodles Market in U.S. Companies are launching new products to cater to the demand of the customers. Variety in products is the key to attract different age groups.
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Categories: Food and Beverage Manufacturing