Low Fat Pasta: Market outlook
Rising awareness of ultra-low fat diet practices is driving the demand for low fat pasta across the globe as well as these diet promotes the consumption of food with less than 10% fat. For this diet practice, Low fat pasta is one of the ideal food.
Low fat pasta is an Italian origin famous food made from wheat flours, semolina with durum wheat, rice, maize and other flours and served with various creamy sauces.
The ingredients using for manufacturing low fat pasta contain less fat and are high in carbs, which helps to manage body weight and long-term health benefits. Therefore, the consumers are focused on reducing weight and improve wellbeing that will boost the global demand for low fat pasta during the forecast period.
Due to fast paced lifestyle, consumer put less effort and time into a cooking meal at home. Low fat past is considered as one of the convenient food, so consumers prefer to use low fat pasta for round-the-clock eating.
Along with convenience, Low fat pasta contains high carbohydrates, proteins, fibers, and vitamins. It helps to stomach problems, reduce cholesterol, build strong muscle and stay track on a healthy diet. Health factors and convenient to prepare make drastic demand for low fat pasta in global market.
Increasing research and development on low fat pasta manufacturing activities, changing distribution channels and preference of online purchasing open up the new opportunities for developing low fat pasta market. Inadequate raw material supply and climate dependency restrain for low fat pasta market.
Rising fitness enthusiastic millennial generation propel the low fat pasta market:
Fitness is key for good health, physical exercise and balanced food help keep safe from heart disease, diabetes, high blood pressure, and obesity. Over a decade, 1/3rd of the millennial population facing high blood pressure and obesity problem. 30% of North American consumers aged 23 to 38 continuously trying to reduce weight and increase their stamina. So they are opting low fat dieting to maintain their physical fitness.
Major millennial generation population wishes to invest in healthy low-fat food consumption. Around 17% of consumers aged 19 to 35 spent 25% of their savings on covenant fat-free food products. Moreover, 87% of consumers aged 20 to 30 prefer low fat pasta in restaurants and Cafes at least once a week. This drives increasing demand for low fat pasta in the global market.
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Low Fat Pasta Market: Key Players
Some of the key players operating their business in the global low fat pasta market are:
- Barilla Holding (Italy)
- Nestle (Switzerland)
- De Cecco (Italy)
- Mafka (Russia)
- Armanino Foods of Distinction Inc(US)
- Tree House Foods Inc. (US)
- ITC Limited (India)
- Conagra Brands (US)
- General Mills,m Inc. (US)
- Nissin Foods (Hong Kong)
- Ajinomoto Co, Inc.
Low Fat Pasta: Regional Analysis:
Europe holds prominent share in the production of low fat pasta in the global market. Significant key manufacturers conducting their activities in Italy, Germany and Switzerland countries. During forecast period, Europe is expected to maintain its dominance in the global low fat pasta market by holding major market share by introducing new products, expanding the region and many other strategic activities.
Followed by North America shows fastest growth in low fat pasta market. Rising awareness of health and fitness boost the demand for low fat pasta. Along with this, growing HoReCa preference for food consumption supports to the drastic market growth for low fat pasta. In Asia Pacific region, India, China and Japan leading the market over a forecast period. New manufacturers enters the market to fulfill the global demand for low fat pasta.
The Low fat pasta market report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the low fat pasta market, including but not limited to: regional markets, type, source, and distribution channel.
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The study is a source of reliable data on:
- Low fat pasta market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The low fat pasta market report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases).
The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the low fat pasta market report projects the attractiveness of each major segment over the forecast period.
An Adaptive Approach to Modern-day Research Needs
Highlights of the Low fat pasta market report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the low fat pasta market
- Recommendations to companies for strengthening their foothold in the low fat pasta market
Low Fat Pasta: Market Segmentation
On the basis of the source, global low fat pasta market can be segmented as:
- Whole wheat
On the basis of the product type, global low fat pasta market can be segmented as:
- Spaghetti Pasta
- Fettuccine Pasta
- Penne Pasta
- Rotini Pasta
On the basis of the distribution channel, global low fat pasta market can be segmented as:
- HoReCa (Food Service Sector)
- Online Retail
- Convenience Stores
- Specialty Food Stores
NOTE - Although care has been taken to maintain the highest levels of accuracy in Fact.MR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
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