LAMEA Tomato Ketchup Market Size, Share & Industry Trends Analysis Report By Product Type (Regular and Flavored), By Packaging (Bottled and Pouch), By Distribution Channel, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Latin America, Middle East and Africa Tomato Ketchup Market would witness market growth of 6.0% CAGR during the forecast period (2022-2028).
Ketchup has changed throughout time from a bottle to a huge pump, little sachets, and even a fleeting variety of different colored kinds (with the addition of food coloring). Although Heinz picked the name "ketchup" on their packaging, catsup and catchup are other acceptable spellings. Ketchup, on the other hand, is how one can find it listed in most cookbooks.
Ketchup is frequently served in little sachets or tubs at fast-food restaurants. Diners can cut the side or top of the ketchup packets and squeeze the ketchup out, or they can peel the foil lid off the tub for dipping. In 2011, Heinz introduced the "Dip and Squeeze" packet, a novel measured-portion package that can be opened in either direction, providing both options.
The tomato ketchup market in Qatar is expanding. This indicates that tomato manufacturers are updating their technologies and operations. Hydroponic farming and CEA (Controlled Environment Agriculture) are sweeping the Qatari agricultural sector. Agrico, a private Qatari agricultural development enterprise, recently unveiled its Hydroponic Trail and Demonstration Center, which produced a record tomato production.
To improve product adoption, tomato ketchup producers in Qatar are implementing next-generation technology and partnering with professional agronomists. The growing demand for organic vegetables and fruits has provided food producers with attractive commercial prospects. To get a competitive advantage over their competitors, manufacturers are strengthening their R&D in the best horticultural methods and greenhouse technologies.
The Brazil market dominated the LAMEA Tomato Ketchup Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $536.5 million by 2028. The Argentina market is experiencing a CAGR of 6.6% during (2022 - 2028). Additionally, The UAE market would exhibit a CAGR of 5.7% during (2022 - 2028).
Based on Product Type, the market is segmented into Regular and Flavored. Based on Packaging, the market is segmented into Bottled and Pouch. Based on Distribution Channel, the market is segmented into Offline and Online. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Tomato Ketchup Market is Predict to reach $24.1 Billion by 2028, at a CAGR of 2.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include McCormick & Company, Inc., Conagra Brands, Inc., Nestle S.A., The Kraft Heinz Company, Unilever PLC, Del Monte Pacific Limited, Bolton Group S.r.l, Campbell Soup Company, General Mills, Inc., and Premier Foods PLC.
Scope of the Study
Market Segments Covered in the Report:
By Product Type
By Distribution Channel
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- McCormick & Company, Inc.
- Conagra Brands, Inc.
- Nestle S.A.
- The Kraft Heinz Company
- Unilever PLC
- Del Monte Pacific Limited
- Bolton Group S.r.l
- Campbell Soup Company
- General Mills, Inc.
- Premier Foods PLC
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