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Global Culinary Sauces Market to Reach About USD 64.4 Billion by 2027, Driven by the Growing Demand for Healthy and Versatile Culinary Sauces

According to a new report by EMR titled, ‘Global Culinary Sauces Market Report and Forecast 2022-2027’, the global market for culinary sauces attained a value of about USD 49.7 billion in 2021. The market is further estimated to grow at a CAGR of 4.40% in the forecast period of 2022-2027 to reach a value of approximately USD 64.4 billion by 2027.

With the growing trend of health-consciousness, the demand for culinary sauces that offers versatile taste and health benefits is surging and propelling the market growth. As the environmentally-conscious population is increasing, the use of non-genetically modified and organic ingredients in the development of culinary sauces is rising. The emerging trend of at-home cooking in developed countries, especially in the wake of the COVID-19 pandemic, is increasing the demand for culinary sauces, hence bolstering the market growth. Moreover, the expansion of the foodservice sector and the proliferation of quick-service restaurants (QSRs) are significantly surging the utilisation of culinary sauces. The growing cost-effectiveness of exotic culinary sauces is also adding to the market’s expansion. The increasing development of exotic blends of sauces owing to the growing demand for bold flavour profiles is further augmenting the growth of the market.

The Kraft Heinz Company (NASDAQ: KHC), one of the leading companies in the market, announced an investment of USD 199 million in its manufacturing units in the United Kingdom in June 2021. This would enable the manufacturing of mayonnaise, ketchup, and salad cream in the United Kingdom. The investment would boost the growth of the local economy, fund technology and equipment, and combat the shortages of tomato ketchup sachets after the COVID-19 pandemic. Moreover, the company would add new production lines in its factories to enhance the production of tomato sauces. Such investments by the leading companies are providing impetus to the market for culinary sauces.

Market Analysis by Product Type, Packaging, End-User, Distribution Channel, and Region:

  • The market, on the basis of product type, can be divided into hot sauces, soy sauces, barbeque sauces, oyster sauces, pasta sauces, and tomato sauces, among others.
  • Based on packaging, the market can be divided into bottles and jars, and pouches and sachets, among others.
  • The major end-users of culinary sauces include households, food processors and manufacturers, and HoReCa, among others.
  • By distribution channel, the market is segmented into modern trade, speciality stores, convenience stores, traditional grocery stores, and online stores, among others.
  • The regional markets for culinary sauces include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The market growth can be attributed to the increasing disposable incomes, rising sales of versatile culinary sauces, and the growing demand for ethnically flavoured culinary sauces.
  • With the shifting dietary trends and the growing availability of culinary sauces in various distribution channels, the market is witnessing robust growth.
  • The growing consumption of confectionery products and baked goods is propelling the market for culinary sauces.
  • The increasing research and development (R&D) activities and technological advancements for the development of innovative culinary sauces are driving the growth of the market.

Key Offerings of the Report:

  • The EMR report gives an overview of the global market for culinary sauces for the periods (2017-2021) and (2022-2027).
  • The report also offers the historical (2017-2021) and forecast (2022-2027) markets for the product types packaging, end-users, distribution channels, and major regions of culinary sauces.
  • The market report also analyses the trade data by covering the major importing and exporting countries. 
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global culinary sauces market are The Kraft Heinz Company, Conagra Brands, Inc., Unilever PLC, Del Monte Foods, Inc, Kikkoman Corporation, Yamasa Corporation, Ken’s Foods, Inc., and Hormel Foods Corporation, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

About Us

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium-sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

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