North America 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 North America Pasta Sauce Market would witness market growth of 5.1% CAGR during the forecast period (2020-2026). Pasta sauces are generally made of fresh or canned tomato and can be utilized in any recipe like pasta, vegetable, & meat-based dish. They are created in a manner that gives savory, & pleasant taste, and aroma to any recipe.
Pasta sauces are prepared with the help of various ingredients & condiments like meat and different vegetable for specific recipes. These ingredients are Tomato Basil, Spicy Bolognese, Mushroom & Green Peppers, Green or Black Olive Tapenade, Roasted Portobello, Arrabbiata, Puttanesca, Garlic & Onion, 4 Cheese, Mushroom & Eggplant, Primavera, Napolitana, Bolognese Sauce, 3 Meat Sauce, Italian Sausage, Tomato & Basil Bruschetta, Spicy Italian Sausage, Marinara, Lasagna Sauce, and Artichoke Bruschetta. These ingredients are easily available in the global market.
Due to a surge in the prominence of western food recipes, pasta sauce has been highly popular in the emerging regions. The growth of the market is boosted by the increment in consumers’ preferences towards hotels & restaurants industry for the western food owing to decreased allocated time for household work like cooking. The global pasta sauce market would witness various growth avenues due to the active marketing strategies & celebrity endorsement for the product. Some of the aspects would act as obstacles for the growth of the global market & these obstacles include volatile costs of raw materials like vegetables, & condiments, utilized in preparing sauces, and stringent government norms for the utilization of chemical-based preservatives in food items. On the other hand, the market would witness various attractive possibilities due to the massive demand for western food recipes like various kinds of pastas & the surge in prominence of fast food among youth.
The US market dominated the North America Meat Based Market by Country in 2019, thereby, achieving a market value of $1,018.5 million by 2026, growing at a CAGR of 4.9 % during the forecast period. The Canada market is experiencing a CAGR of 8.1% during (2020 - 2026). Additionally, The Mexico market would witness a CAGR of 7.2% 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 U.S., Mexico, Canada, and Rest of North America.
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 North America
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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