26-Jul-2019 | Zion Market Research
Zion Market Research has published a new report titled “Pasta Sauce Market by Nature (Organic and Conventional), By Product (Tomato-Based, Pesto-Based, and Alfredo-Based), and by Distribution Channel (Direct, Indirect, and Online Retailing): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025”. According to the report, the global pasta sauce market accounted for USD 33 billion in 2018 and is expected to reach around USD 52.26 billion by 2025, at a CAGR of 6.8% between 2019 and 2025.
Pasta sauce is a liquid, cream, or semi-solid paste that acts as a topping for the popular Italian dish called Pasta. Pasta sauces are available in different varieties and made from different ingredients like basil, cheese, tomato, etc. Pasta has gained worldwide acceptance owing to its tasty flavor and aroma. The global pasta sauce market is expected to show significant growth in the future, owing to the rising global pasta demand. Moreover, pasta sauces have substantially evolved in the last few decades and currently, we have different varieties of sauces, such as gluten-free and organic options, to choose from. This exponential growth has also influenced leading companies like Barilla and Mizkan America to acquire other companies to boost their profits by using their brand image. However, studies have shown that high pasta consumption of pasta can lead to blood-sugar level fluctuations and even cause diabetes.
Browse the full “Pasta Sauce Market by Nature (Organic and Conventional), By Product (Tomato-Based, Pesto-Based, and Alfredo-Based), and by Distribution Channel (Direct, Indirect, and Online Retailing): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025” Report at https://www.zionmarketresearch.com/report/pasta-sauce-market
The global pasta sauce market is fragmented on the basis of nature, product, and distribution channel. On the basis of nature, the pasta sauce market is classified into organic and conventional. The organic pasta sauce segment is becoming more and more popular due to the increasing health-consciousness of the global population. Additionally, conventional pasta sauces dominate the market globally, due to their easy availability and low cost in comparison to organic pasta sauces.
Based on the product, the pasta sauce market is categorized into pesto-based, alfredo-based, and tomato-based pasta sauces. The tomato-based segment holds the highest market and recorded a revenue of about USD 15 billion in 2018. This can be due to its delicious taste and health benefits of tomato. The alfredo-based segment is the second most popular among the three sauces due to its rich, creamy taste.
By distribution channel, the global pasta sauce market includes direct, indirect, and online retailing. The indirect segment is the most popular and convenient medium for the common masses. All retail outlets like hypermarkets, supermarkets, and small retail stores sell these sauces in different flavors and varieties. Alternatively, online retailing is gaining popularity in recent years, owing to the increasing number of smartphones and rising tech-savvy population along with online retailing’s reliability and home delivery feature. Moreover, direct selling involves B2C business and has become unpopular in recent times.
Europe is the dominating region of the global pasta sauce market, with the highest per capita pasta and pasta sauce consumption from Italy. This regional market is expected to grow notably over the forthcoming time period. North America is another profitable market for pasta sauce, owing to the increasing regional demand for pasta, growing technological advancements, and rising focus on product development.
Some major players operating in the global pasta sauce market are Nellino’s Sauce, The H. J. Heinz, Mizkan, Monterey Gourmet Foods, Barilla, Lassonde Specialties, CSC Brand, Premier Foods, B&G Foods Holdings, and Giovanni Food Company.
This report segments the global pasta sauce market into:
Global Pasta Sauce Market: Nature Analysis
Global Pasta Sauce Market: Product Analysis
Global Pasta Sauce Market: Distribution Channel Analysis
Global Pasta Sauce Market: Regional Analysis
Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.
Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651