Market Share of Pasta and Noodles Industry
The pasta and noodles market is highly competitive in nature, with many regional and international competitors operating in the market. The major players are Unilever Plc, Ebro Foods SA, Nestle SA, Barilla Group, and Nissin Food Products Co. Ltd. Companies compete based on different factors, including product offerings, quality, taste, flavors, price, functionality, size, packaging, and marketing activities, in order to gain a competitive advantage in the market. Key players are now focusing on social media platforms and online distribution channels for marketing and branding their products to attract more customers. Major players focus extensively on providing consumers with innovative and exotic flavors as well as attractive packaging. For instance, in March 2021, Unilever Company's noodles brand Knorr launched a new flavor of soupy noodles, "Cheesy Chatt Patta Noodles." The sustainable competitive advantage through innovation is resulting in the growth of the market share of major players across the world.
Pasta and Noodles Market Leaders
Ebro Foods, S.A.
Nestle S.A.
Nissin Food Products Co., Ltd
Unilever Plc
Barilla Group
*Disclaimer: Major Players sorted in no particular order
