McIlhenny Company, McCormick & Company, Inc., The Kraft Heinz Foodservice, B&G Foods, Inc., and Baumer Foods Inc., among others are the key players in the global hot sauce market.
The global hot sauce market is further expected to grow in the forecast period of 2023-2028 at a CAGR of 5.00%.
Chili peppers, along with additional ingredients such as vinegar, salt, fruits, vegetables, and garlic, are used to make hot sauce. It is also known as chili or pepper sauce, and it's made commercially by blending chili pepper paste with red tomato puree, then cooking it to get a unique flavour. The introduction of innovative sauce flavours with health beneficial properties, the increasing consumption of fast and frozen foods among the busy city-dwellers, increasing urban population, rising number of expatriates in countries, and cultural exchanges, and the modernisation of storage and logistics are some factors aiding in the market growth. North America is the dominant region in the global market.
Rising disposable incomes, combined with hectic work schedules, are projected to drive hot sauce consumption in the future years. Long product shelf-life, easy product availability through various e-commerce platforms, and the continuous launch of unique flavour varieties are some of the major factors positively impacting the market growth.
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|Headquarters:||Avery Island, Louisiana, United States|
McIlhenny Company is a family-owned company. The world-famous Tabasco brand products are made by McIlhenny Company. The sauce is made with three quality ingredients - distilled vinegar, tabasco peppers, and salt. While the original red pepper sauce stays true to the history of Tabasco brand, the tabasco family of flavours features 8 varieties of high-quality pepper sauces.
|Headquarters:||Maryland, United States|
McCormick is a global leader in flavour operating in two segments across 160 countries and territories. It has officially been named on the Fortune 500 list. The company’s most famous hot sauce is the old bay hot sauce. It contains aged red cayenne peppers, vinegar, spices and paprika. McCormick also owns Cholula Hot Sauce and Frank’s RedHot Sauce, which are popular hot sauce brands.
|Headquarters:||Chicago, Illinois, United States|
Kraft Heinz Company is a globally trusted producer of delicious foods, which provides high quality, great taste, and nutritious foods. The company provides traditional hot sauce in single serve pouches as well as in bottles and in bulk. It also produces three other hot sauces, namely Tapatio Hot Sauce, Texas Pete Hot Sauce, and Red Devil Cayenne Pepper Sauce.
|Headquarters:||New Jersey, United States|
B&G Foods is multibillion dollar company with more than 50 brands. It specialises in providing good quality and tasty food to its customers. The company produces hot sauce under the Trappey brand. Trappey’s products fall into two major categories—high quality peppers and hot sauces, including Trappey’s Red Devil Sauce.
|Headquarters:||Metairie, Louisiana, United States|
Baumer Foods is the producer of the well-known Crystal Hot Sauce. It is one of the most popular hot sauce brands in the United States. The company is an environment friendly manufacturer, as it uses all the pepper to make the hot sauce. It provides 12 different flavours of Crystal Hot Sauce. Due to its popularity, Baumer has also released a merchandise line for Crystal Hot Sauce.
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