Global Pasta & Noodles Sector to Reach $107.9 Billion by 2027 with a CAGR of 3.9% [Yahoo! Finance]
Treehouse Foods, Inc. (THS)
Last treehouse foods, inc. earnings: 2/13 06:55 am
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Source: Yahoo! Finance
The global pasta & noodles sector was valued at $89.2 billion in 2022 and will reach $107.9 billion in 2027 at a compound annual growth rate (CAGR) of 3.9%. The sector's volume will reach 29.5 billion kg in 2022 and will generate a CAGR of 2.1% during 2022-27. In 2022, dried & instant noodles was the largest category by value, accounting for a share of 55.1%, followed by dried pasta with 35.3%. China was the leading country in value terms globally in the year, amassing a share of 28.4%. Asia-Pacific and the Americas were the leading markets for pasta & noodles in 2022, with value shares of 54.3% and 20.7%, respectively. The report brings together multiple data sources to provide a comprehensive overview of the global pasta & noodles sector, analyzing data from 107 countries. It includes an analysis of the following - Sector overview: Provides an overview of the current sector scenarios in terms of ingredients, manufacturer claims, labeling, and packaging. The analysis also prov
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