According to Gen Consulting Company, the global sauces market is set to achieve an incremental growth of USD 13.7 billion, acelerating at a CAGR of almost 3.7% during the forecast period 2022-2028.

The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global sauces market. It traces the market’s historic and forecast market growth. The report identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches. This study also provides an analysis of the impact of the COVID-19 crisis on the sauces industry.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the type, packaging, distribution channel, and region. The global market for sauces can be segmented by type: mustard sauce, hot sauces, soy sauce, barbecue sauce, catsup, others. The soy sauce segment held the largest share of the global sauces market in 2021 and is anticipated to hold its share during the forecast period. Sauces market is further segmented by packaging: pouch, glass and plastic bottle, others. Globally, the glass and plastic bottle segment made up the largest share of the sauces market. Based on distribution channel, the sauces market is segmented into: supermarket and hypermarket, convenience store, online, others. The supermarket and hypermarket segment was the largest contributor to the global sauces market in 2021. On the basis of region, the sauces market also can be divided into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. Asia-Pacific is estimated to account for the largest share of the global sauces market.

Market Segmentation
By type: mustard sauce, hot sauces, soy sauce, barbecue sauce, catsup, others
By packaging: pouch, glass and plastic bottle, others
By distribution channel: supermarket and hypermarket, convenience store, online, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America

The report also provides a detailed analysis of several leading sauces market vendors that include Campbell Soup Co., Conagra Brands Inc., Del Monte Foods Inc., Hormel Foods Corporation, Kikkoman Corporation, Lee Kum Kee Company Limited, McCormick & Company Inc., Nestle S.A., Pepsico Inc., Sovos Brands Intermediate, Inc., The Kraft Heinz Company, among others.
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Historical & Forecast Period
This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.

Scope of the Report
– To analyze and forecast the market size of the global sauces market.
– To classify and forecast the global sauces market based on type, packaging, distribution channel, region.
– To identify drivers and challenges for the global sauces market.
– To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global sauces market.
– To identify and analyze the profile of leading players operating in the global sauces market.

Why Choose This Report
– Gain a reliable outlook of the global sauces market forecasts from 2022 to 2028 across scenarios.
– Identify growth segments for investment.
– Stay ahead of competitors through company profiles and market data.
– The market estimate for ease of analysis across scenarios in Excel format.
– Strategy consulting and research support for three months.
– Print authentication provided for the single-user license.