The Global Pasta Sauce Market size is expected to reach $16.6 billion by 2026, rising at a market growth of 6% CAGR during the forecast period. Pasta sauces contain pleasant toppings & blend of ingredients that improve the overall flavor, taste, texture, and aroma of pasta. There are different varieties of pasta sauce available in the market including alfredo, pesto, & marinara, and consists of various ingredients such as cheese, tomatoes, basil, & others. Pasta is regarded as one of the most liked Italian cuisines and is achieving popularity at the global level. The consumption of pasta sauce is increased due to the high demand for pasta. At the world-scale, due to the appetizing & delicious taste, the demand for pasta sauce has witnessed massive increment. Over the years, pasta sauce products have witnessed developments like these are accessible as gluten-free, organic, and involve non-GMO ingredients.
The growth of the global pasta sauce market would be augmented by the rising prominence of pasta as a replacement for rice & other staple meals at the global level. By using the packaged pasta sauce, we can significantly cut down the time needed for getting each ingredient required for the sauce, processing it, & preparing the dish carefully. Due to this aspect, these products would gain prominence among students & working-class professionals. In the last few years, there is a substantial rise in the middle-class population around the world, which caused the high reliance on imported food & farm items. The demand for convenience packaged foods, including pasta is boosted by the rising middle-class population, along with quick urbanization.
Based on Base, the market is segmented into Vegetable based and Meat Based. The vegetable-based segment would garner a considerable share of the global revenue in 2019. The market is currently dominated by vegetable sauces because the majority of individuals who cook pasta at their home prefer including different vegetable ingredients. In addition, the majority of the read-made sauces are vegetable-based. Moreover, the above-mentioned product is appropriate for various consumers with a preference of a vegan & vegetarian diet.
Based on Product, the market is segmented into Tomato based & Marinara, Ragù & Bolognese, Pesto, Alfredo & Four Cheese and Others. The alfredo & four-cheese segment would exhibit a promising growth rate during the forecast years. In South Asian Countries, the inclinations for rich & creamy sauce have increased as the arrival of the sauce is quite new in these countries.
Based on Distribution Channel, the market is segmented into Hypermarkets & Supermarkets, Convenience Stores and Online & D2C. Hypermarkets & Supermarkets procured the prominent revenue share of the global market in 2019. The majority of customers prefer to purchase the sauce from these outlets as they provide a different & large variety of goods under one shop.
Report Attribute | Details |
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Market size value in 2019 | USD 12 Billion |
Market size forecast in 2026 | USD 16.6 Billion |
Base Year | 2019 |
Historical Period | 2016 to 2018 |
Forecast Period | 2020 to 2026 |
Revenue Growth Rate | CAGR of 6% from 2020 to 2026 |
Number of Pages | 200 |
Number of Tables | 360 |
Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Companies Strategic Developments, Company Profiling |
Segments covered | Base, Product, Distribution Channel, Region |
Country scope | US, Canada, Mexico, Germany, UK, France, Russia, Spain, Italy, China, Japan, India, South Korea, Singapore, Malaysia, Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria |
Growth Drivers |
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Restraints |
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Free Valuable Insights: Global Pasta Sauce Market to reach a market size of $16.6 Billion by 2026
Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa. In 2019, Europe emerged as the leading region in the global pasta sauce market in terms of revenue. The arrival of pasta in the region & its broad-scale penetration in the European nations has been boosting the growth of the regional market.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Campbell Soup Company, B&G Foods, Inc., Conagra Brands, Inc., Del Monte Pacific Limited, The Kraft Heinz Company, Lassonde Industries, Inc. (3346625, Canada Inc.), Mizkan Holdings Co., Ltd., Premier Foods PLC, Barilla G. e R. Fratelli S.p.A, and Mars, Inc.
By Base
By Product
By Distribution Channel
By Geography
The global pasta sauce market size is expected to reach $16.6 billion by 2026.
Massive demand for pasta which is creating the demand for pasta sauce are driving the market in coming years, however, High prices of raw material have limited the growth of the market.
Campbell Soup Company, B&G Foods, Inc., Conagra Brands, Inc., Del Monte Pacific Limited, The Kraft Heinz Company, Lassonde Industries, Inc. (3346625, Canada Inc.), Mizkan Holdings Co., Ltd., Premier Foods PLC, Barilla G. e R. Fratelli S.p.A, and Mars, Inc.
The tomato-based & marinara segment obtained a major revenue share in 2019.
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