The Europe Red Sauce Market would witness market growth of 5.7% CAGR during the forecast period (2022-2028).
Diets that are high in tomato products that are rich in lycopene may lower the risk of dying from cancer. Consuming tomato products such as red sauce rich in lycopene may also lower the chance of developing heart disease; hence, factors such as these are anticipated to increase the demand for red sauce in the market. Furthermore, it's possible that having high levels of lycopene in the blood can lower the chance of having a stroke.
In addition, diets high in carotenoids enhance the bone mineral density and reduce the risk of osteoporosis, a dangerous bone disease that raises the risk of fractures. Diets high in carotenoids also increase bone mineral density. In addition, the red sauce market provides a number of health benefits, including the control of blood sugar levels, the alleviation of chronic pain, and the promotion of stronger bone structure as a result of the presence of vitamin B6, vitamin A, and potassium.
Because of its adaptability, tomato sauce is the inspiration for creating many of favorite recipes. A good tomato sauce can range from being light and fresh to being soothing and robust; it provides consumers with many alternatives in the kitchen while also giving the human body some nutrients that are very much appreciated.
Introducing new products in the red sauce market could eventually have a favorable impact on the red sauce market as a whole. In addition, the availability of a wide range of pasta has positively impacted the market demand in the area. Furthermore, Germany is the largest food & beverage industry in the European Union, home to about 83 million of the world's wealthiest customers (EU). With a nominal GDP of almost $4 trillion (USD) in 2018, Germany was the fourth-largest economy in the world. Germany is a major producer of food and agricultural goods and an economic force. Imports increased by 2.9% from 2017 to 108 billion US dollars in 2018. Red sauce consumption will rise along with the nation's food and beverage sector's quick development.
The Germany market dominated the Europe Red Sauce Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $289.1 Million by 2028. The UK market is anticipated to grow at a CAGR of 4.7% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 6.6% during (2022 - 2028).
Based on Nature, the market is segmented into Conventional and Organic. Based on Distribution Channel, the market is segmented into Offline and Online. Based on Packaging Type, the market is segmented into Bottle, Pouches and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Red Sauce Market will Hit $4.5 Billion by 2028, at a CAGR of 6.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include The Kraft Heinz Company, Barilla G. e R. Fratelli S.p.A, General Mills Inc., Conagra Brands, Inc., Campbell Soup Company, Victoria Fine Foods, LLC (B&G Foods), Goya Foods, Inc., Organicville (Litehouse), Newman’s Own, Inc., and G.L. Mezzetta, Inc.
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