The pasta market - Italy

Pasta is a food made from hard or soft wheat flour, often mixed with water and sometimes eggs, shaped into various shapes and sizes, dried or prepared fresh, and typically cooked in boiling water. it is a mainstay of Italian cuisine, used in a wide variety of dishes and seasoned with different sauces and ingredients. The global pasta market will grow from US$71.42 billion in 2024 to US$100.24 billion by 2032, with a compound annual growth rate (CAGR) of 5.47 percent during the 2025-2032 forecast period. In 2023, Italy clearly stands out in per capita pasta consumption with 23 kg, almost double that of the second country, Tunisia, with 17 kg. It is followed by Venezuela with 15 kg and Greece with 12.2 kg. Our country is confirmed as the world's largest producer of pasta with 3,670,000 tons, clearly distancing other countries. The United States and Turkey follow with similar production, 2,000 and 1,987 thousand tons respectively. From 2023 to 2029, the value of the European pasta market is expected to grow steadily from USD 20.19 billion to USD 31.25 billion. This represents a 54.8 percent increase in six years at a compound annual growth rate of 7.55 percent. The European market accounts for 29.54 percent of the global total. In recent yearsthe turnover of Italian pasta production companies has grown by 32.5 percent, as has the value of production sold, which has increased by 56.5 percent. Good news also regarding production made and sold, which increased by 21.9% and 24% respectively, these figuresreflect strong demand for pasta and robust growth in the Italian pasta market in terms of value.