DUBLIN--(BUSINESS WIRE)--The "Indian Pasta Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.
Currently, the demand for pasta is gaining immense popularity in India, particularly amongst the younger population, due to expansion in food-service restaurants.
According to the report, the pasta market in India reached a sales value of US$ 335.4 Million in 2018, exhibiting a CAGR of 17.1% during 2011-2018. Looking forward, the market value is projected to reach US$ 821.9 Million by 2024, registering a CAGR of 16% during 2019-2024.
The primary factors catalysing the growth of the pasta market in India include rising urbanisation, changing lifestyles and surging demand for ready-to-eat products. In addition to this, the market is also influenced by an increasing women employment rate coupled with rising disposable incomes.
Further, the health-conscious consumers are demanding food products with healthier ingredients, which has led to a rise in the demand for pasta made with whole-wheat and quinoa. Some of the other forces that have been proactive in maintaining the market growth are longer shelf-life and ease of preparation.
On the basis of type, the market has been segmented as dry pasta, instant pasta and fresh pasta. Currently, dry pasta dominates the Indian pasta market, holding the majority of the market share.
Based on raw materials, semolina represents the largest segment, followed by refined flour and durum wheat. This can be accredited to the high gluten content of semolina which helps in maintaining the shape of pasta.
On the basis of distribution channels, the market is segregated as convenience stores, supermarkets/hypermarkets, institutional and e-retail. Amongst these, institutional sales exhibit a clear dominance in the pasta market in India.
Based on cuisines, white sauce pasta represents the largest segment, followed by the red sauce pasta and mix sauce pasta.
Region-wise, the market has been segmented into Uttar Pradesh, Delhi, Maharashtra, Gujarat, Karnataka, Tamil Nadu and others.
The competitive landscape of the market has also been examined with some of the key players being Nestle, ITC, Bambino, MTR and Del Monte.
Key Topics Covered
2 Scope and Methodology
2.1 Objectives of the Study
2.3 Data Sources
2.4 Market Estimation
2.5 Forecasting Methodology
3 Executive Summary
4.2 Key Industry Trends
5 India Pasta Market: Industry Analysis
5.1 Market Overview
5.2 Market Performance
5.2.1 Volume Trends
5.2.2 Value Trends
5.3 Price Analysis
5.3.1 Key Price Indicators
5.3.2 Price Structure
5.3.3 Price Trends
5.4 Market Breakup by Region
5.5 Market Breakup by Type
5.6 Market Breakup by Raw Material
5.7 Market Breakup by Distribution Channel
5.8 Market Breakup by Cuisine
5.9 Market Forecast
5.10 SWOT Analysis
5.11 Value Chain Analysis
5.11.2 Raw Material Procurement
5.12 Porters Five Forces Analysis
5.12.2 Bargaining Power of Buyers
5.12.3 Bargaining Power of Suppliers
5.12.4 Degree of Rivalry
5.12.5 Threat of New Entrants
5.12.6 Threat of Substitutes
6 Competitive Landscape
6.1 Market Structure
6.2 Market Breakup by Key Players
7 Market Breakup by Key Regions
7.1 Uttar Pradesh
7.6 Tamil Nadu
7.7 Other Regions
8 Market Breakup by Type
8.1 Dry Pasta
8.2 Instant Pasta
8.3 Fresh Pasta
9 Market Breakup by Raw Material
9.2 Refined Flour
9.3 Durum Wheat
10 Market Breakup by Distribution Channel
10.2 Convenience Stores
11 Market Breakup by Cuisine
11.1 White Sauce Pasta
11.2 Red Sauce Pasta
11.3 Mix Sauce Pasta
12 India Pasta Market: Consumer Landscape
12.1 Consumer Mapping
12.1.1 By Age
12.1.2 By Gender
12.1.3 By Occupation
12.1.4 By Lifestyle
12.1.5 By Education Attainment
12.1.6 By Consumption Type (Institution)
12.2 Consumer Buying Habits
12.3 Key Reasons driving the Purchase of Pasta
13 Company Profiles
13.1 Nestle India Limited
13.2 ITC Limited
13.3 Bambino Agro Industries Limited
13.4 Del Monte
13.5 MTR Foods Private Limited
For more information about this report visit https://www.researchandmarkets.com/r/heqjgl