Los Angeles, CA -- (SBWIRE) -- 08/02/2019 -- The attractiveness and wide variety of products offered in the global pasta and noodles market are foretold to create business opportunities for producers in the coming years. High number of working individuals around the world who prefer having ready-to-eat foods because of lack of time and their busy lifestyle are prophesied to positively impact the global market. Producers might consider expanding their product portfolio for gaining a foothold in the global market. In May 2019, Noodles & Company, a US fast-casual restaurant, added two new zucchini-based menu options, viz. Zucchetti in White Wine Garlic Sauce with Balsamic Chicken and Zucchini and Asparagus with Lemon Sauce due to the overwhelming response to its Zoodle dishes.
High Demand for Instant Foods among Working Professionals to Support Growth
? Working professionals increasing the demand for instant food items could be key consumers of the global pasta and noodles market
? Pasta and noodles are staple foods of some countries, which could work in the favor of producers
? Availability of a range of varieties in pasta and noodles is foreseen to attract a large number of consumers
? High popularity of ready-cooked or pre-prepared meals among young populations is anticipated to bode well for the global pasta and noodles market
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Companies to Focus on Regional Expansion to Expand Consumer Base
Some of the key players of the global pasta and noodles market are Nestlé, Delverde, Barilla, De Cecco, ITC, BRF Brazil Foods, Kraft Heinz Company, Nissin Foods, Conad, and ConAgra Foods. Besides introducing new products, companies are forecast to adopt regional expansion as a leading strategy to expand their footprint in the global market. They could also invest in new production techniques to optimize their operations and ensure compliance with regulations of government and food authorities.
Nestlé, a Swiss multinational food and drink company, is one of the major players of the global pasta and noodles market. In April 2019, it announced the launch of its R&D Accelerator to boost speed-to-market and innovation through advancement of science and technology while bringing together startups, students, and its scientists.
By Product
? Ambient Pasta and Noodles
? Chilled Pasta and Noodles
? Dried Pasta and Noodles
Among products, ambient pasta and noodles are prognosticated to account for a significant share of the global market. Producers of ambient pasta and noodles offer a wide range of products varying in flavor and taste. The factors of longer shelf life and convenience are foreseen to push the market growth of this segment.
By Region
Regionally, Asia Pacific is expected to secure a substantial share of the global pasta and noodles market because of the considerable demand in emerging economies such as India and China. Availability of a wide consumer base in these countries is also anticipated to increase the growth of the Asia Pacific market. Furthermore, noodles are a staple food of some countries in the region.
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