Reports
Global Hot Sauce Market: By Product Type: Medium Hot Sauce, Mild Hot Sauce, Very Hot Sauce; By Packaging; By Distribution Channel; By Application; By End Use; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Manufacturing Process; Competitive Landscape; Industry Events and Developments
Global Hot Sauce Market Outlook
The global hot sauce market attained a value of USD 4.31 billion in 2020. The market is further expected to grow in the forecast period of 2023-2028 at a CAGR of 5.3% to reach USD 5.8 billion by 2026.
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The mild hot sauce represents the leading segment in the market, based on product type, and is anticipated to be the fastest-growing segment over the forecast period. On the basis of the application, cooking sauce dominated the market in 2020. Based on the end-use segment, the commercial sector accounted for the majority of the total market share, followed by the household sector. On the basis of the packaging, the jars segment represents the leading segment in the market. Based on the distribution channel, the supermarkets and hypermarkets segment is anticipated to be the most popular mode of distribution. Regionally, North America holds the leading position in the market.
Properties and Applications
Hot sauce is a condiment that is prepared using chili peppers mixed with other ingredients such as salt, vinegar, vegetables, fruits, and garlic. It is also known as chili or pepper sauce and is prepared commercially by combining the chili peppers paste with red tomato puree and then cooked to achieve a distinct flavor. It is widely consumed to add complementary or contrasting flavours to a variety of dishes. Characterised by a spicy flavour, it forms a vital ingredient in numerous Asian, African, and other cuisines.
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The major product types in the global hot sauce market are:
- Mild
- Medium
- Very Hot
On the basis of packaging, the industry is divided into:
- Jars
- Bottles
- Others
Based on the distribution channel, the market is segmented into:
- Supermarkets and Hypermarkets
- Traditional Grocery Retailers
- Online Stores
- Others
The market can be broadly categorised on the basis of its application segments into:
- Cooking Sauce
- Table sauce
Based on the end-use, the global hot sauce market is segmented into:
- Commercial
- Household
The EMR report looks into the regional markets like North America, the Asia Pacific, Europe, Latin America, and the Middle East and Africa.
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Market Analysis
The demand for hot sauce has been witnessing a significant growth with the growing popularity of Pan Asian and Latin American cuisines across the globe. The introduction of innovative sauce flavours with health beneficial properties is aiding the market growth. In addition, the increasing consumption of fast and frozen foods among the busy city-dwellers, especially in the emerging countries, has also resulted in the increased usage of hot sauce, thereby creating a positive outlook for the market. The increasing urban population, rising number of expatriates in countries, and cultural exchanges, and the modernisation of storage and logistics are some of the other factors attributing to the growth of the hot sauce market. Inflating disposable incomes, coupled with busy working schedules, is expected to propel the demand for hot sauce over the coming years. In addition, long product shelf-life, easy product availability through various e-retail platforms, and the continual launch of innovative flavour variants are some of the other factors influencing the market growth positively.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global hot sauce market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- McIlhenny Company
- McCormick & Company, Inc.
- The Kraft Heinz Foodservice
- B&G Foods, Inc
- Baumer Foods Inc.
- Others
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product Type, Packaging, Distribution Channel, Application, End Use, Region |
| Breakup by Product Type | Medium Hot Sauce, Mild Hot Sauce, Very Hot Sauce |
| Breakup by Packaging | Jars, Bottles, Others |
| Breakup by Distribution Channel | Supermarkets and Hypermarkets, Traditional Grocery Retailers, Online Stores, Others |
| Breakup by Application | Cooking Sauce, Table Sauce |
| Breakup by End Use | Commercial, Household |
| Breakup by Region | North America, Latin America, Europe, Middle East and Africa, Asia Pacific |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | McIlhenny Company, McCormick & Company, Inc., The Kraft Heinz Foodservice, B&G Foods, Inc, Baumer Foods Inc., Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Hot Sauce Market Analysis
8.1 Key Industry Highlights
8.2 Global Hot Sauce Historical Market (2018-2022)
8.3 Global Hot Sauce Market Forecast (2023-2028)
8.4 Global Hot Sauce Market by Product Type
8.4.1 Medium Hot Sauce
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Mild Hot Sauce
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.4.3 Very Hot Sauce
8.4.3.1 Historical Trend (2018-2022)
8.4.3.2 Forecast Trend (2023-2028)
8.5 Global Hot Sauce Market by Packaging
8.5.1 Jars
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Bottles
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.5.3 Others
8.6 Global Hot Sauce Market by Distribution Channel
8.6.1 Supermarkets and Hypermarkets
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Traditional Grocery Retailers
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.6.3 Online Stores
8.6.3.1 Historical Trend (2018-2022)
8.6.3.2 Forecast Trend (2023-2028)
8.6.4 Others
8.7 Global Hot Sauce Market by Application
8.7.1 Cooking Sauce
8.7.1.1 Historical Trend (2018-2022)
8.7.1.2 Forecast Trend (2023-2028)
8.7.2 Table Sauce
8.7.2.1 Historical Trend (2018-2022)
8.7.2.2 Forecast Trend (2023-2028)
8.8 Global Hot Sauce Market by End Use
8.8.1 Commercial
8.8.1.1 Historical Trend (2018-2022)
8.8.1.2 Forecast Trend (2023-2028)
8.8.2 Household
8.8.2.1 Historical Trend (2018-2022)
8.8.2.2 Forecast Trend (2023-2028)
8.9 Global Hot Sauce Market by Region
8.9.1 North America
8.9.1.1 Historical Trend (2018-2022)
8.9.1.2 Forecast Trend (2023-2028)
8.9.2 Europe
8.9.2.1 Historical Trend (2018-2022)
8.9.2.2 Forecast Trend (2023-2028)
8.9.3 Asia Pacific
8.9.3.1 Historical Trend (2018-2022)
8.9.3.2 Forecast Trend (2023-2028)
8.9.4 Latin America
8.9.4.1 Historical Trend (2018-2022)
8.9.4.2 Forecast Trend (2023-2028)
8.9.5 Middle East and Africa
8.9.5.1 Historical Trend (2018-2022)
8.9.5.2 Forecast Trend (2023-2028)
9 North America Hot Sauce Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Hot Sauce Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Hot Sauce Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Hot Sauce Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Hot Sauce Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Manufacturing Process
16.1 Overview
16.2 Detailed Process Flow
16.3 Operation Involved
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 McIlhenny Company
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 McCormick & Company, Inc
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 The Kraft Heinz Foodservice
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 B&G Foods, Inc
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Baumer Foods, Inc.
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.3.6 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Hot Sauce Market: Key Industry Highlights, 2018 and 2028
2. Global Hot Sauce Historical Market: Breakup by Product Type (USD Billion), 2018-2022
3. Global Hot Sauce Market Forecast: Breakup by Product Type (USD Billion), 2023-2028
4. Global Hot Sauce Historical Market: Breakup by Packaging (USD Billion), 2018-2022
5. Global Hot Sauce Market Forecast: Breakup by Packaging (USD Billion), 2023-2028
6. Global Hot Sauce Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2022
7. Global Hot Sauce Market Forecast: Breakup by Distribution Channel (USD Billion), 2023-2028
8. Global Hot Sauce Historical Market: Breakup by Application (USD Billion), 2018-2022
9. Global Hot Sauce Market Forecast: Breakup by Application (USD Billion), 2023-2028
10. Global Hot Sauce Historical Market: Breakup by End Use (USD Billion), 2018-2022
11. Global Hot Sauce Market Forecast: Breakup by End Use (USD Billion), 2023-2028
12. Global Hot Sauce Historical Market: Breakup by Region (USD Billion), 2018-2022
13. Global Hot Sauce Market Forecast: Breakup by Region (USD Billion), 2023-2028
14. North America Hot Sauce Historical Market: Breakup by Country (USD Billion), 2018-2022
15. North America Hot Sauce Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Europe Hot Sauce Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Europe Hot Sauce Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Asia Pacific Hot Sauce Historical Market: Breakup by Country (USD Billion), 2018-2022
19. Asia Pacific Hot Sauce Market Forecast: Breakup by Country (USD Billion), 2023-2028
20. Latin America Hot Sauce Historical Market: Breakup by Country (USD Billion), 2018-2022
21. Latin America Hot Sauce Market Forecast: Breakup by Country (USD Billion), 2023-2028
22. Middle East and Africa Hot Sauce Historical Market: Breakup by Country (USD Billion), 2018-2022
23. Middle East and Africa Hot Sauce Market Forecast: Breakup by Country (USD Billion), 2023-2028
24. Global Hot Sauce Market Structure
Key Questions Answered in the Report
In 2020, the global hot sauce market attained a value of nearly USD 4.31 billion.
The market is projected to grow at a CAGR of 5.3% between 2021 and 2026.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach about USD 5.8 billion by 2026.
The major drivers of the industry such as the growing popularity of Pan Asian and Latin American cuisines, introduction of innovative sauce flavours with health beneficial properties, and the increasing consumption of fast and frozen foods among the busy city-dwellers, are expected to aid the market growth.
The key market trend guiding the growth of the hot sauce market include the easy product availability through various e-retail platforms and the continual launch of innovative flavour variants.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with North America accounting for the largest market share.
The mild hot sauce segment is the leading product type in the industry.
The leading packaging segment within the industry is jars.
The distribution channel segment is led by supermarkets and hypermarkets.
The dominant application within the industry is cooking sauce.
The leading end-use of the hot sauce is the commercial sector.
The major players in the industry are McIlhenny Company, McCormick & Company, Inc., The Kraft Heinz Foodservice, B&G Foods, Inc, and Baumer Foods Inc., among others.
Analyst Review
The global hot sauce market attained a value of USD 4.31 billion in 2020, driven by the increasing consumption of fast and frozen foods among the busy city-dwellers. Aided by the continual launch of innovative flavour variants, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 5.3%. The hot sauce market is projected to reach USD 5.8 billion by 2026.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its product types, the mild hot sauce segment is the leading segment in the industry. On the basis of packaging, jars account for the leading share in the industry. On the basis of distribution channel, the industry is being led by supermarkets and hypermarkets. On the basis of application, cooking sauce is the leading segment in the industry. On the basis of end use, the industry is being led by commercial sector. The major regional markets for the product are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with North America accounting for the largest share of the market. The key players in the above market include McIlhenny Company, McCormick & Company, Inc., The Kraft Heinz Foodservice, B&G Foods, Inc, Baumer Foods Inc., and others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with industry insights that are accurate, actionable, and help them remain ahead of their competition.
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