Pasta sauces are manufactured by using fresh or canned tomato and can be used in any recipe such as pasta, meat-based and vegetable.They are used to provide a proper taste and aroma to the various pasta recipes.These sauces are made using various condiments, vegetables, spices, and regular ingredients that can be used to produce general sauce. There are various types of pasta sauces that include red sauce, white sauce, green sauce, emulsified sauce, meat-based sauce, vegetable sauce, hot sauce, sweet sauce, butter sauce, and black sauce. The pasta sauces available in the global market are Tomato Basil, Marinara, Arrabbiata, Puttanesca, Garlic & Onion, Roasted Portobello, 4 Cheese, Mushroom & Green Peppers, Mushroom & Eggplant, Primavera, Napolitana, Bolognese Sauce, Spicy Bolognese, 3 Meat Sauce, Italian Sausage, Spicy Italian Sausage, Lasagna Sauce, Green or Black Olive Tapenade, Tomato & Basil Bruschetta and Artichoke Bruschetta. The adoption of pasta sauce has been quite high in the developed countries such as the U.S., Canada, and Germany, while emerging countries such as China, Brazil and India are catching up quickly.
The global pasta sauce market has witnessed significant growth over the years and is expected to grow at a steady pace during the forecast period. This can be attributed to growing influence and adoption of western food culture among consumers. Moreover, rise in consumers interest in hotels and restaurants sector for the western food due to reduced allocated time for the household work such as cooking, has paved the way for the pasta sauce market. In addition, increase in disposable income and improvement in living standards in the emerging countries such as China and India, along with rise in affinity of consumers in emerging economies toward delicious and spicy food products boost the demand for condiments and pasta sauce.However, fluctuation in the cost of raw materials of the pasta sauce increases the cost of pasta sauce, which is expected to restrict the growth of the global market. On the contrary, rise in influence of western food in the emerging and untapped regions is anticipated to provide lucrative growth opportunities for the pasta sauce market.
The pasta sauce market has been segmented based on type, distribution channel, and region. On the basis of type, the market is split into red sauce, white sauce, green sauce, emulsified sauce, meat-based sauce, vegetable sauce, and others. Based on distribution channel, it is segmented into supermarket/hypermarket, convenience stores, grocery stores, and online stores. On the basis of region, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in the report include B&G Foods, Inc., Barilla G. e R. Fratelli S.p.A, Campbell Soup Company, ConAgra Foods, Inc., Del Monte Foods, Inc., Lassonde Industries Inc., Mars, Incorporated, Mizkan America, Inc., Premier Foods Group Limited., and The Kraft Heinz Company.
KEY BENEFITS FOR STAKEHOLDERS
KEY MARKET SEGMENTATION:
By Type
By Distribution Channel
By Region
The global pasta sauce market has witnessed significant growth over the years and is expected to grow at a steady pace during the forecast period. This can be attributed to growing influence and adoption of western food culture among consumers. Moreover, rise in consumers interest in hotels and restaurants sector for the western food due to reduced allocated time for the household work such as cooking, has paved the way for the pasta sauce market. In addition, increase in disposable income and improvement in living standards in the emerging countries such as China and India, along with rise in affinity of consumers in emerging economies toward delicious and spicy food products boost the demand for condiments and pasta sauce.However, fluctuation in the cost of raw materials of the pasta sauce increases the cost of pasta sauce, which is expected to restrict the growth of the global market. On the contrary, rise in influence of western food in the emerging and untapped regions is anticipated to provide lucrative growth opportunities for the pasta sauce market.
The pasta sauce market has been segmented based on type, distribution channel, and region. On the basis of type, the market is split into red sauce, white sauce, green sauce, emulsified sauce, meat-based sauce, vegetable sauce, and others. Based on distribution channel, it is segmented into supermarket/hypermarket, convenience stores, grocery stores, and online stores. On the basis of region, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in the report include B&G Foods, Inc., Barilla G. e R. Fratelli S.p.A, Campbell Soup Company, ConAgra Foods, Inc., Del Monte Foods, Inc., Lassonde Industries Inc., Mars, Incorporated, Mizkan America, Inc., Premier Foods Group Limited., and The Kraft Heinz Company.
KEY BENEFITS FOR STAKEHOLDERS
- The report provides a quantitative analysis of the current market trends, estimations, and dynamics of the market size from 2018 to 2026 to identify the prevailing pasta sauce market opportunities.
- Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
- In-depth analysis of the size and segmentation assists in determining the prevailing market opportunities.
- The major countries in each region are mapped according to their revenue contribution to the global industry.
- The market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the market players in the pasta sauce industry.
KEY MARKET SEGMENTATION:
By Type
- Red Sauce
- White Sauce
- Green Sauce
- Emulsified Sauce
- Meat-based Sauce
- Vegetable sauce
- Others
By Distribution Channel
- Supermarket/Hypermarket
- Convenience Stores
- Grocery Stores
- Online Stores
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Brazil
- South Africa
- Saudi Arabia
- Rest of LAMEA
Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: PASTA SAUCE MARKET, BY TYPE
CHAPTER 5: PASTA SAUCE MARKT, BY DISTRIBUTION CHANNEL
CHAPTER 6: PASTA SAUCE MARKET BY REGION
CHAPTER 7: COMPITITVE LANDSCAPE
CHAPTER 8: COMPANY PROFILES
Executive Summary
According to the report titled 'Pasta Sauce Market by Type and Distribution Channel: Opportunity Analysis and Industry Forecast, 2018-2026,' the pasta sauce market size was valued at $2.9 billion in 2018 and is estimated to reach $4.6 billion by 2026, registering a CAGR of 5.80% from 2019 to 2026. In 2018, the red sauce, green sauce and white sauce segment combined accounted for more than half share in the total pasta sauce industry and is expected to grow at a CAGR of 5.8% throughout the forecast period. North America is one of the prominent regions in the market that accounted for a sizeable share of the total market in 2018. Pasta sauce can be used in all types of western and fast food recipes. These sauces provide a delicious and spicy taste in various recipes. Pasta sauces are made using different traditional condiments and spices. These include Tomato Basil, Marinara, Arrabbiata, Puttanesca, Garlic & Onion, Roasted Portobello, 4 Cheese, Mushroom & Green Peppers, Mushroom & Eggplant, Primavera, Napolitana, Bolognese Sauce, Spicy Bolognese, 3 Meat Sauce, Italian Sausage, Spicy Italian Sausage, Lasagna Sauce, Green or Black Olive Tapenade, Tomato & Basil Bruschetta and Artichoke Bruschetta are available in the global market.The pasta sauce market has witnessed significant growth over the years and is expected to grow at a steady pace during the forecast period. The factors that drive the pasta sauce market growth include surge in food industry owing to rise in the consumers interest in fast food and western food products. In addition, increase indisposable income and improvement in food standards in the emerging countries such as Germany, China, and India, with rise inaffinity of consumers in emerging economies toward western food products boost the demand for pasta sauce. However, availability of low quality and counterfeit products and fluctuations in the prices of raw materials used to make these sauces restrain the market growth. On the contrary, growth in influence of western food culture and increase unpopularity of pasta recipes among the youth are anticipated to provide lucrative growth opportunities for the pasta sauce industry.
The report segments the global pasta sauce market on the basis of type, distribution channel, and region. On the basis of type, the market is divided into red sauce, white sauce, green sauce, emulsified sauce, meat-based sauce, vegetable sauce, and others. Based on distribution channel, it is segmented into supermarket/hypermarket, convenience stores, grocery stores, and online stores. On the basis of region, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
According to Aniket Kadam, Senior Research Associate, Food and Beverage “The influence of western food as well as fast food in the emerging economies has increased over the years and with it the expenditure at hotels and restaurants for such food items has increased fuel the demand for pasta sauces, thereby boosting the growth of the market.”
According to the pasta sauce market analysis in 2018,thered sauce segment generated the highest revenue in 2018 and is expected to remain dominant throughout the forecast period. This can be attributed to its different taste from other sauces and its application in multiple recipes. However, the white sauce segment is expected to grow at the highest CAGR throughout the forecast period. This is due to rising popularity of pasta recipes with white sauce.
In 2018, supermarket/hypermarket was the most prominent segment that accounted for a maximum contribution in the global pasta sauce market share. This can be attributed to the beneficial options such as discounts and trials before purchase as well as the benefit of immediate gratification. However, the online store segment is expected to witness the highest growth, owing to increase in penetration of internet and online shopping.
Based on the pasta sauce market forecast, North America accounted for the maximum share in the global market in 2018 and is expected to remain dominant during the forecast period. This can be attributed to higher expenditure of the consumers on fast food products as they are considered as a standard lifestyle statement. Moreover, developed retail structure and aggressive marketing of pasta sauce help to push sales in this region. However, Asia-Pacific is expected to grow with the highest CAGR throughout the forecast period, owing to rapid rise in influence of western food culture and changes in the food preference of people in this region due to increasing disposable income.
Key findings of the study
- The pasta sauce market was valued at $2.9 billion in 2018 and is estimated to reach $4.6 billion by 2026,growing at a CAGR of 5.80% through the forecast period.
- Based on type, the vegetable sauce segment is expected to witness the fastest growth, registering a CAGR of 6.10% during the forecast period.
- In 2018, based on type, thered sauce segment held the highest share, and red sauce, white sauce, and green sauce combined accounting for more than half of the global market share.
- In 2018, China was the most prominent market in the Asia-Pacific region and is expected to grow at a significant CAGR throughout the forecast period.
- North America was the dominant region in 2018, accounting for more the one third of the global pasta sauce market share.
The key players profiled in this report include B&G Foods, Inc., Barilla G. e R. Fratelli S.p.A, Campbell Soup Company, ConAgra Foods, Inc., Del Monte Foods, Inc., Lassonde Industries Inc., Mars, Incorporated, Mizkan America, Inc., Premier Foods Group Limited., and The Kraft Heinz Company.
Companies Mentioned
- B&G Foods Inc.
- Barilla G. e R. Fratelli S.p.A
- Campbell Soup Company
- ConAgra Foods Inc.
- Del Monte Foods Inc.
- Lassonde Industries Inc.
- Mars Inc.rporated
- Mizkan America Inc.
- Premier Foods Group Limited.
- The Kraft Heinz Company.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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