Published Date: 21-Apr-2021
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According to a new report Global Pasta Sauce Market, published by KBV research, The Global Pasta Sauce Market size is expected to reach $16.6 billion by 2026, rising at a market growth of 6% CAGR during the forecast period.
The tomato-based & marinara segment obtained a major revenue share in 2019. There is a wide variety of tomato-based pasta in the market including tomato garlic pasta sauce, keto marinara, tomato basil pasta sauce, tomato roasted garlic pasta sauce & garlic marinara. The sauce is generally seasoned with onions & herbs, like basil, garlic, or oregano. The sauce is filled with the taste & juice of tomato and has a velvety color with a rice content of olive oil.
The online stores & D2C would display a substantial growth rate during the forecast period. The majority of e-commerce platforms consist of virtual assistants that provide automated replies to most of the queries of the customers. The utilization of chatbots aids in managing problems with respect to the buying process of the item. Online shopping provides freedom from the annoying task of standing up in a queue at the checkout counters.
Asia-Pacific would register a significant growth rate during the forecast period. The globalization of food has developed a broad penetration of pasta & pasta sauce in the region. Fast-food chains have also played a crucial role in developing the penetration for pasta. As pasta is increasingly becoming the main recipe, pasta sauce has gained massive traction in the region.
Full Report: https://www.kbvresearch.com/pasta-sauce-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.
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