A versatile staple cuisine, pasta is produced from an unleavened dough that includes wheat flour, water, and occasionally eggs. Although it is frequently linked with Italian food, it is loved all over the world in a variety of ways, including spaghetti, macaroni, penne, and linguine. It serves as a flavor-absorbing basis for numerous foods because it takes on the flavors of surrounding sauces. Complex carbs of pasta are a great source of energy and satisfaction. It is a healthier choice because it is also low in sodium and fat. Pasta has grown to be a cherished and extensively consumed cuisine worldwide thanks to its versatility in the kitchen and nutritious profile.
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Key Details About the Pasta Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Pasta price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Pasta Price chart, including India Pasta price, USA Pasta price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Pasta Price Trend:
Pasta is a significant element for many industrial uses in addition to its traditional position as a beloved food because of its adaptability, extended shelf life, and simplicity of usage. The rise in popularity of convenience foods and ready-to-eat meals is one key driver of the market. For many pre-packaged meals, including pasta salads, pasta dishes with sauces, and pasta-based casseroles, pasta is a convenient and adaptable ingredient. It is the perfect option for mass-produced, packaged meals due to its long shelf life and simplicity of storing. Pasta is also used in the preparation of dried and instant soups, where it serves as a quick-cooking ingredient that gives the soup base texture and solidity. Additionally, it is employed in the production of dishes in cans, such as pasta in tomato sauce, pasta stuffed with meat or vegetables, and pasta served as a side dish.
Key Players:
- Nestle SA
- Unilever
- ITC Limited
- Barilla G.e.R.F. lli S.p.A. P.I.
- Conagra Foodservice Inc
News and Development:
- 24 October 2022- Italy’s government convenes talks amid skyrocketing pasta prices – Adolfo Urso, Italy’s Minister of Enterprise and Made in Italy, presided over an urgent meeting on Thursday (October 20, 2022) that included representatives from trade and consumer associations, distributors, and government officials to discuss the crisis of skyrocketing pasta prices. According to data from the European Central Bank, the price of the Italian staple has increased by more than twice the rate of inflation.
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