Global Pasta Market BoomingGlobal Pasta Market Booming
April 19, 2010
SAN JOSE, Calif.The world market for pasta is projected to reach 17.9 million tons by the year 2015, according to a new report from market researcher Global Industry Analysts, Inc. (GIA). High nutritional content, easy-to-prepare, longer life, and versatility are resulting in increased consumption of pasta across the globe, even in the Middle Eastern and African regions.
According to the report, "Pasta: A Global Strategic Business Report", the United States and Europe dominate the world pasta market accounting for 60 percent of the consumption. Per capita consumption of pasta varies among different regions worldwide. While, the people in Japan consume approximately 1.8 kilograms of pasta per year, the people in Italy consume as high as 28.6 kilograms of pasta each year. Americas per capita consumption reached 8.9 kilograms per year in 2008.
The report provides a comprehensive review of industry overview, product overview, product introductions/innovations, profiles of major players, and recent industry activity. The report analyzes market data and analytics in terms of volume consumption for the United States, Canada, Japan, Europe, Asia Pacific, Latin America and rest of world markets.
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