Growth in the number of people opting for vegetarianism and increase in the demand for convenience food to drive global vegan pasta market
According to TechSci Research,“Global Vegan Pasta Market By Category (Fresh, Dried), By Nature (Organic, Conventional), By Source (Wheat, Rice, Legumes, Buckwheat, Oats, Others), By Product Type (Penne, Spaghetti, Elbows, Fettuccine and Linguine, Filled Pasta, Others (Angel Hair, Farfalle, etc.)), By Distribution Channel (Hypermarkets/Supermarkets, Convenience Stores, Discount Stores, Independent Small Groceries, Online Retail), By Region, Forecast & Opportunities, 2025”, the global vegan pasta market is expected to grow at a steady CAGR during the forecast period on account of rising preference for vegan food. Majority of packaged pasta contains ingredients that are plant-based. Food manufacturers are engaging in innovations in the space for developing healthier food products, which includes pasta derived from the ingredients such as whole grains and legumes. Vegan pasta sourced from legumes encompass lentils that offer nutrients including protein and fiber along with various other vital nutrients such as calcium, iron and vitamins, thereby increasing the nutrient intake and driving the growth of vegan pasta market. The demand for healthy and clean label food products is motivating pasta makers to focus on the production of vegan pasta. Consumers which are having intolerance towards gluten tends to shift away from gluten-based products. Hence, vegan pasta has become important diet for health-conscious and vegan consumers. Vegan pasta minimizes health related issues; hence, it is mostly preferred by customers.
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The global vegan pasta market is segmented based on category, nature, source, product type, distribution channel, company and region. Based on category, the market is divided into fresh and dried. Here, dried segment is expected to dominate the market during the forecast period. as the dried pasta is mostly gluten free which helps to ease digestive symptoms and reduced chronic inflammation. Based on product type, elbows segment is expected to dominate the market during the forecast period due to growing demand from youth population across the globe.
Barilla Group, Ebro Foods Inc., TreeHouse Foods Inc., Dakota Growers Pasta Company, De Cecco Company, Nestle S.A., Delverde Industrie Alimentari S.p.a, RFM Corporation, Grupo La Moderna, General Mills Inc.are some of the leading players operating in global vegan pasta market. The companies operating in the market are focusing on launching gluten free variants of pasta so as to increase their share in the market.
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“Europe is expected to dominate the global vegan pasta market during the forecast period due to consumers shift from home-cooked food to ready-to-eat food. Due to increase in the sales of convenience food and rising vegetarianism in the region, the sale of vegan pasta is expected to hold the largest market share until 2025. Following Europe, Asia-Pacific is also anticipated to witness high demand through 2025. Growing economies and changing lifestyles of the people are major factors contributing to rising demand of vegan pasta in the region.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Global Vegan Pasta Market By Category (Fresh, Dried), By Nature (Organic, Conventional), By Source (Wheat, Rice, Legumes, Buckwheat, Oats, Others), By Product Type (Penne, Spaghetti, Elbows, Fettuccine and Linguine, Filled Pasta, Others (Angel Hair, Farfalle, etc.)), By Distribution Channel (Hypermarkets/Supermarkets, Convenience Stores, Discount Stores, Independent Small Groceries, Online Retail), By Region, Forecast & Opportunities, 2025”, has evaluated the future growth potential of global vegan pasta market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global vegan pasta market.