Barilla invests US$1.2b in an expansion plan as demand for pasta rises

ITALY – Barilla, an Italian food company, has invested US$1.2 billion over five years to expand production and launch new products as the world’s biggest pasta maker responds to shifting demand. According to Reuters, Barilla’s pasta and sauces have grown faster than its bakery business in recent years, and now account for almost 60% of…

Global pasta consumption continues to rise on increased interest in wellness

ITALY - Global pasta consumption is on the rise from the positive trends in global pasta sales which rose 0.6% in 2017 attributable to increased awareness on healthy diets and wellness, according to data from the Nielsen Co. Based on a report by the International Pasta Organization (IPO), this trend is expected to continue influenced…

France processed food sector increases by 5.6% to US$191b

FRANCE - The French food processing sector value has been increased by 5.6% in 2017 and is valued at US$191 billion with over 17,600 food processors from small-scale to some of the largest food companies in the world. According to Global Agricultural Information Network, the progress in food technology, marketing innovations and exports of finished…

GEA acquires Italian pasta equipment maker, Pavan Group

GERMANY - GEA, one of the largest suppliers of process technology for the food industry has acquired the Italian Pavan Group, a leading supplier of extrusion and milling technology for processing of all kinds of pasta, snacks and breakfast cereals. Pavan Group had in 2016 generated revenue of around US$182.5 million, with EBITDA of almost…

Pasta & Noodles: Grabbing a share of the consumer’s plate in Africa

This article appeared in the November/December 2016 issue of Food Business Africa Africa provides the next growth market for pasta and instant noodles, driven by a growing population, cost and convenience. We review the hotspots of growth in Africa and seek ways to drive faster adoption in this product category.   Catherine, a young college…