Asia Pacific was the largest region in the global cookie, cracker, pasta, and tortilla market, accounting for 45% of the market in 2019. Western Europe was the second largest region accounting for 26% of the global cookie, cracker, pasta, and tortilla market. Africa was the smallest region in the global cookie, cracker, pasta, and tortilla market.
Frozen food manufacturers are using
technologies such as individual quick freezing (IQF) to improve yield and
quality of frozen foods. The IQF method involves transferring the individual
food items on a conveyor belt into a blast freezer that quickly freezes the
items. With IQF method, every individual piece of food is frozen separately, as
opposed to bulk or block freezing. This method boosts yield by 1.5-3% and
results in better quality products with high nutritional value and less wastage.
Examples of IQF foods include fruits such as blueberries, strawberries and
peaches, and vegetables such as corn, peas and green beans. The global IQF
vegetable market is expected to reach USD 2 billion by 2026, thus indicating
significant demand for IQF food products in future.
The cookie, cracker, pasta, and tortilla products market consists of sales of cookie, cracker, pasta, and tortilla products by entities (organizations, sole traders and partnerships) that produce cookie, cracker, pasta, and tortilla products. The companies in the cookie, cracker, pasta, and tortilla products industry produce cookies and crackers, or prepare flour and dough mixes and dough from flour ground elsewhere or manufacturing dry pasta. The establishments in this industry may package the dry pasta they produce with other ingredients. The companies package and distribute their products through various distribution channels to both individual customers and commercial establishments.
The global cookie, cracker, pasta,
and tortilla market is expected to grow from USD 267.1 billion in 2019 to USD
275.2 billion in 2020 at a compound annual growth rate (CAGR) of 3.1%. The low
growth is mainly due to economic slowdown across countries owing to the
COVID-19 outbreak and the measures to contain it. The market is then expected
to recover and grow at a CAGR of 8% from 2021 and reach USD 340.3 billion in
2023.
For More Information,
Click on the Link Below:-
Global
Cookie Cracker Pasta and Tortilla Market
Related Reports:-
Cookie,
Cracker, Pasta, and Tortilla Manufacturing Global Market Forecast To 2022
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
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