LAMEA 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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The Latin America, Middle East and Africa Pasta Sauce Market would witness market growth of 6.9% CAGR during the forecast period (2020-2026). Pasta is among the most delicious & extensively consumed Italian food item which is consumed across the globe, and as a result, the consumption of pasta sauce is also very high.
Owing to the rising prominence & demand for pasta sauce, many makers that are involved in the production of pasta are putting high significance on taking pasta sauce into their product lines. In the global pasta market, the accessibility of various kinds of pasta is also impacting the pasta sauce market, like a particular type of pasta sauce as per the kind of pasta.
Consumers prefer & attracted to delicious products in the food & beverage market. Additionally, the flavor is also impacting the food & beverage market, as individuals get to know more about the world with the help of the palatability of their cuisines. In the pasta sauce market, flavor inspiration is one of the main aspects which are propelling the demand for pasta sauce among customers. Pasta sauce is prepared with various food ingredients that give their aroma, taste, & texture to the pasta sauce. Due to the broad accessibility of different products, pasta sauce is available in the grocery stores as the highly preferred go-to cooking sauce.
The Brazil market dominated the LAMEA Pesto Market by Country in 2019, thereby, achieving a market value of $54.7 million by 2026. The Argentina market would witness a CAGR of 8.8% during (2020 - 2026). Additionally, The UAE market is showcasing a CAGR of 7.3% during (2020 - 2026).
The Vegetable based market dominated the South Africa Pasta Sauce Market by Base in 2019, growing at a CAGR of 7.2 % during the forecast period. The Meat Based market is expected to witness a CAGR of 8.1% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
- Saudi Arabia
- South Africa
- Rest of LAMEA
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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