
Global Pasta Sauce Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
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Feb 2022
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"Global Pasta Sauce Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global environmental control systems market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global pasta sauce market report has been segmented on the type, packaging, distribution channel, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Overview
Pasta sauce is added to various types pasta for unique taste and flavoring. Over the years, increasing cross-culture influence has increased demand for intercontinental cuisine such as pasta, pizza, lasagna, etc. There are numerous types of pasta sauce available in the market including fresh tomato sauce, primavera, arrabbiata sauce, etc. These sauces are prepared from various ingredients such as tomato puree, garlic, cheese, cream, etc. Different types of pasta sauce are used depending on the choice of pasta.
Dynamics
Increasing demand for intercontinental cuisine, owing to changing consumer preference and increasing disposable income among individuals are major factors boosting the global pasta sauce market. Growing preference for home-cooked food instead of ready-to-eat meals is an additional factor expected to propel growth of the target market over the forecast period. Rising demand from HRI sector (Hotel, Restaurants and Institutions) is also expected to drive growth of the market over the forecast period. In addition, development of retail sector in various regions, as well as high availability of international brands of pasta sauces is expected to augment growth of the global pasta sauce market over the forecast period. However, high cost of raw material resulting in high cost of end products and availability of ready-to-eat products and frozen pasta is expected to hamper growth of the target market to a certain extent.
Segment Analysis
On the basis of type, the market is segmented into red sauce, green sauce, white sauce, emulsified sauce, meat-based sauce, butter sauce, vegetable sauce, and others (hot sauce, sweet sauce, and black sauce). On the basis of packaging, the market is segmented into glass, cans, pouches, PET (polyethylene terephthalate) packaging, and cartons. On the basis of distribution channel, the market is segmented as direct and indirect. Indirect segment is further sub-segmented into departmental stores, modern trade, e-commerce, convenience stores, and others. The indirect segment is expected to register significant growth, owing to increasing number of hypermarkets/ supermarkets in developing countries.
Regional Analysis
Market in Europe is expected to account for majority share in the global pasta sauce market, owing to pasta being a traditional cuisine of Italy and increasing popularity of pasta in nearby countries in the region. North America follows Europe in terms of market share in the global market, owing to pasta and pasta sauce being a stable food item in a number of households in the region. Asia Pacific is expected to register significant growth over the forecast period, owing to developing retail sector, increasing popularity for Italian cuisine, and high disposable income in countries in the region. Markets in Latin America and Middle East and Africa are expected to register moderate growth in the global pasta market over the forecast period.
Global Pasta Sauce Market Segmentation
Segmentation by type:
- Red sauce
- Green sauce
- White sauce
- Emulsified sauce
- Meat-based sauce
- Butter sauce
- Vegetable sauce
- Others (hot sauce, sweet sauce, and black sauce)
Segmentation by packaging
- Glass
- Cans
- Pouches
- PET
- Cartons
Segmentation by distribution channel:
- Direct
- Indirect
- Departmental stores
- Modern Trade
- E-commerce
- Convenience Stores
- Other
Segmentation by region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn -
- Mizkan Co., Ltd.
- Barilla S.p.A.
- Mars Food UK Ltd.
- Conagra Brands, Inc.
- Newman's Own, Inc.
- The Kraft Heinz Co.
- B&G Foods, Inc.
- CSC Brands LP
- Premier Foods plc
- Knorr Foods Co., Ltd
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