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Global Pasta Sauce Sales Market Research Report 2018
Pasta sauce with tomatoes and onions refers to as the main raw material, processed by a seasoned fried, boiled and other technology sauce.
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Generally speaking, Pasta sauce is divided into red sauce, green sauce, white sauce and black sauce. Red sauce is mainly made of tomato sauce, which is the most common basis of many flavors. Because the tomato is cheap and the source is wide, and many people like the taste, red sauce takes the biggest share of all the pasta sauce in the world. In 2016, the share of red sauce is about 40%. Geen sauce, white sauce and black sauce take 26.30%, 24.55% and 7.98% in 2016, respectively.
Pasta sauce is famous for the popular pasta in the world. And now although pasta sauce can also be used to other foods according to people’ taste, the pasta is the mainly application for pasta sauce. In all kinds of pasta, dried pasta is the most popular and so this also consumes most pasta sauce.
USA and Europe are the main consuming regions. In 2016, USA and Europe consumed 181615 MT and 130234 MT respectively, which takes 40.63% and 29.13%. China and other Asia Pacific regions takes about 16% of all pasta sauce, maybe the Europe taste isn’t suitable for consumers in these regions. But with the pasta more popular and some changes made according to these regions’ habits by manufacturers, China and other Asia Pacific regions will be potential markets and now some companies have begun to pay much attention on Asia Pacific.
The market concentrate is high. The main manufacturers are Mizkan, Campbell, Barilla, Dolmio, Hunts, Heinz, Newman's Own, B&G Foods and so on. Top 3 manufacturers take 36.12% of the global consumption in 2016.
In the future the demand will be still increasing and sales volume will increase to 579420 MT in 2023 from 447029 MT in 2016 with the ACGR of 3.78%.
The global Pasta Sauce market is valued at 4810 million US$ in 2017 and will reach 7110 million US$ by the end of 2025, growing at a CAGR of 5.0% during 2018-2025.
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