Dry Pasta Production in the US - Industry Market Research Report

Second helping: Industry revenue has grown as a result of surging demand for dry pasta

Pasta and noodles produced by the Dry Pasta Production industry are both staples in the American diet. Versatility and simple cooking instructions keep demand for the industry relatively stable, despite changes in consumer diets and preferences. Even as gluten-free and grain-free diets have become more popular, the industry has maintained demand by offering alternative products. Instead, changes in prices have affected industry revenue over the five years to 2023. During the period, the world price of wheat has surged due to supply chain disruptions. Additionally, while imports have increased, domestic manufacturers have made efforts to increase exports.

Industry revenue is expected to increase at an annualized rate of 1. 8% to $2. 8 billion over the five years to 2023, including a 0. 7% decrease in 2023 when the price of wheat is expected to fall. This industry manufactures dry pasta products after purchasing ingredients from other food manufacturers. The end products are then packaged and distributed to grocery wholesalers, supermarkets and other food outlets. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.