Europe 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
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Market Report Description
The Europe Pasta Sauce Market would witness market growth of 5.7% CAGR during the forecast period (2020-2026). The adoption of delicious foods among the masses has been increasing due to the availability of various fast-casual food chains such as Olive Garden, Pasta Flyer, and Maggiano.
Therefore, numerous individuals while relishing various types of pasta outside also inclined towards cooking it at their home with the help of readymade sauce that is accessible in the majority of grocery stores. For pasta sauce manufacturers, some of the primary properties of developing a valued product are low sodium, freshness, and organic & these properties also enhance the health of the food. The growth of the market would be fueled by the improvements in the product regarding the customized requirements. Moreover, the pasta sauce makers are likely to provide discounts on their items, which will increase their consumer base in the upcoming years.
The growth of the market would witness lucrative opportunities due to the massive acceptance of pasta as a main course in formal meals among students & working-class individuals. In addition, one of the prime factors that add to the growth of the pasta sauce market is a rising number of vegans & vegetarian populations around the world.
The Germany market dominated the Europe Alfredo & Four Cheese Market by Country in 2019, growing at a CAGR of 6.5 % during the forecast period. The UK market is exhibiting a CAGR of 6.2% during (2020 - 2026). Additionally, The France market is poised to grow at a CAGR of 8.6% during (2020 - 2026).
The Hypermarkets & Supermarkets market dominated the Spain Pasta Sauce Market by Distribution Channel in 2019, thereby, achieving a market value of $223 million by 2026. The Convenience Stores market is expected to witness a CAGR of 5.9% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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:
- Vegetable based
- Meat Based
- Tomato based & Marinara
- Ragù & Bolognese
- Alfredo & Four Cheese
By Distribution Channel
- Hypermarkets & Supermarkets
- Convenience Stores
- Online & D2C
- Rest of Europe
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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