Italy Pasta Sauce Market Size & Outlook, 2019-2027
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Italy pasta sauce market highlights
- The Italy pasta sauce market generated a revenue of USD 947.1 million in 2019 and is expected to reach USD 1,069.7 million by 2027.
- The Italy market is expected to grow at a CAGR of 1.5% from 2020 to 2027.
- In terms of segment, tomato based & marinara was the largest revenue generating product in 2019.
- Alfredo & Four Cheese is the most lucrative product segment registering the fastest growth during the forecast period.
Pasta sauce market data book summary
| Market revenue in 2019 | USD 947.1 million |
| Market revenue in 2027 | USD 1,069.7 million |
| Growth rate | 1.5% (CAGR from 2019 to 2027) |
| Largest segment | Tomato based & marinara |
| Fastest growing segment | Alfredo & Four Cheese |
| Historical data | 2016 - 2018 |
| Base year | 2019 |
| Forecast period | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Tomato Based & Marinara, Ragu & Bolognese, Pesto, Alfredo & Four Cheese |
| Key market players worldwide | Conagra Brands Inc, Mizkan America |
Other key industry trends
- In terms of revenue, Italy accounted for 7.0% of the global pasta sauce market in 2019.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
- In Europe, Italy pasta sauce market is projected to lead the regional market in terms of revenue in 2027.
- UK is the fastest growing regional market in Europe and is projected to reach USD 942.0 million by 2027.
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Pasta Sauce Market Scope
Pasta Sauce Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Mizkan America | View profile | 501-1000 | America, Alabama, United States, North America | http://mizkan.com |
| Conagra Brands Inc | View profile | 18600 | 222 W. Merchandise Mart Plaza, Suite 1300, Chicago, IL, United States, 60654 | https://www.conagrabrands.com |
Italy pasta sauce market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to pasta sauce market will help companies and investors design strategic landscapes.
Tomato based & marinara was the largest segment with a revenue share of 26.39% in 2019. Horizon Databook has segmented the Italy pasta sauce market based on tomato based & marinara, ragu & bolognese, pesto, alfredo & four cheese covering the revenue growth of each sub-segment from 2016 to 2027.
Italy emerged as the largest market for pasta sauce in 2019 with a market share of 23.3% in the Europe pasta sauce market. Pasta being an Italian dish is consumed in large quantities in the country, which is driving the demand for pasta sauce.
According to International Pasta Organization, in 2019, Italy had the highest per capita consumption of pasta in the world at 23.1 kg. The increasing trend of cooking at home, partially due to the outbreak of COVID-19, is anticipated to increase the demand for pasta sauce in the coming years.
Furthermore, development of new products and presence of major manufacturers in the country, such as Barilla G. e R. F.lli S.p.A. and F.lli De Cecco di Filippo S.p.A is also expected to boost market growth.
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Our clientele includes a mix of pasta sauce market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy pasta sauce market , including forecasts for subscribers. This country databook contains high-level insights into Italy pasta sauce market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Italy pasta sauce market size, by product, 2016-2027 (US$M)
Italy Pasta Sauce Market Outlook Share, 2019 & 2027 (US$M)
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