Asia Pacific Pasta Sauce Market Size, Outlook Trends by 2026

Asia Pacific Pasta Sauce Market By Base (Vegetable based and Meat Based), By Product (Tomato based & Marinara, Ragù & Bolognese, Pesto, Alfredo & Four Cheese and Others), By Distribution Channel (Hypermarkets & Supermarkets, Convenience Stores and Online & D2C), By Country, Growth Potential, Industry Analysis Report and Forecast, 2020 - 2026

Published Date: April-2021 | Number of Pages: 82 | Format: PDF | Report ID: KBV-14719

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Market Report Description

The Asia Pacific Pasta Sauce Market would witness market growth of 7.3% CAGR during the forecast period (2020-2026). Customers prefer to involve only plant-based products in their recipes with an aim to cut down the influence on the environment & support animal welfare.

Moreover, people are encouraged to adopt vegetarian diet due to the rising health complexities because of the constant consumption of meat. Therefore, vegetable-based pasta sauce, which involves various plant-based ingredients, would propel the growth of the pasta sauce market.

The booming food & beverage sector, combined with a rising inclination towards ready-to-eat food products, is one of the main aspects fueling the market development. The inclinations towards packaged & simple to use pasta sauces has increased around the world due to the rising number of working professionals & fast-paced lifestyles. Moreover, the growth of the market is boosted by the increasing consumer preference to accept and try flavor-rich dishes & intercontinental cuisines. The increasing health awareness among consumers has further increased the demand for nutrient-rich and healthy product alternatives. Makers are preparing pasta sauces that are developed using organic & gluten-free ingredients. In addition, cafes, restaurants, and other eateries are also trying out various flavors and combinations of sauces to provide unique & new pasta dishes to their customers. The growth of the market is driven by the increasing disposable incomes & quick urbanization.

The China market dominated the Asia Pacific Convenience Stores Market by Country in 2019, growing at a CAGR of 4.4 % during the forecast period. The Japan market is exhibiting a CAGR of 7.7% during (2020 - 2026). Additionally, The India market is anticipated to witness a CAGR of 7.7% during (2020 - 2026).

The Vegetable based market dominated the South Korea Pasta Sauce Market by Base in 2019, thereby, achieving a market value of $314.9 million by 2026. The Meat Based market is expected to witness a CAGR of 8.5% during (2020 - 2026).

Based on Base, the market is segmented into Vegetable based and Meat Based. Based on Product, the market is segmented into Tomato based & Marinara, Ragù & Bolognese, Pesto, Alfredo & Four Cheese and Others. Based on Distribution Channel, the market is segmented into Hypermarkets & Supermarkets, Convenience Stores and Online & D2C. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

Free Valuable Insights: Pasta Sauce Market in Asia Pacific is expected to register a CAGR of 7.3% during the forecast period (2020-2026)

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Campbell Soup Company, B&G Foods, Inc., Conagra Brands, Inc., Del Monte Pacific Limited, The Kraft Heinz Company, Lassonde Industries, Inc. (3346625, Canada Inc.), Mizkan Holdings Co., Ltd., Premier Foods PLC, Barilla G. e R. Fratelli S.p.A, and Mars, Inc.

Scope of the Study

Market Segments Covered in the Report:

By Base

  • Vegetable based
  • Meat Based

By Product

  • Tomato based & Marinara
  • Ragù & Bolognese
  • Pesto
  • Alfredo & Four Cheese
  • Others

By Distribution Channel

  • Hypermarkets & Supermarkets
  • Convenience Stores
  • Online & D2C

By Country

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Key Market Players

List of Companies Profiled in the Report:

  • Campbell Soup Company
  • B&G Foods, Inc.
  • Conagra Brands, Inc.
  • Del Monte Pacific Limited
  • The Kraft Heinz Company
  • Lassonde Industries, Inc. (3346625, Canada Inc.)
  • Mizkan Holdings Co., Ltd.
  • Premier Foods PLC
  • Barilla G. e R. Fratelli S.p.A
  • Mars, Inc.

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