Pasta & Couscous Market Will Be Valued At US$ 42 billion By 2026-End Latest Research
Verfasser: yogesh on Tuesday, 4 December 2018The staple food of Italy and North Africa’s popular appetizer, together, are spanning the globe for being affordable, tasty and healthy as well. There’s no denying that pasta and couscous will continue to be in demand for their easy-to-make preparatory approach and their status as flavorsome culinary delicacies. A latest study published by Persistence Market Research projects that the global market for pasta & couscous, which is presently estimated at US$ 29.5 billion, will soar at 3.7% CAGR to bring in a little over US$ 42 billion in revenues by the end of 2026.
According to the report, titled “Pasta & Couscous Market: Global Industry Analysis and Forecast, 2016-2026,” the global demand for pasta & couscous will grow moderately as global consumers continue to be less aware about couscous’ nutritional content. Fluctuating prices of raw materials used for making pastas is also a key deterrent revealed in the report. The most significant factor restraining the growth of global pasta & couscous market is volatile competition imposed by other noodle-based and rice-based staple food products. Canned or preserved pasta, despite being affordable, will also see dip in its global sales, owing to the health concerns arising from speculated product analysis.
How the World Likes its Pasta & Couscous