Press release
Global Marinades and Dressings Market Size & Share Proceeds is Set to Increase About $11.1 Bn By 2030
The global marinades and dressings market size was nearly $7.1 Billion in 2021 and is set to increase to about $11.1 Billion by 2030 with a CAGR of nearly 4.3% between 2022 and 2030.Marinades are mixtures of seasonings, oil, and acidic ingredients including vinegar, citrus juice, and wine that are utilized for enhancing the food flavor. Marinades are classified into various kinds that include acidic, enzymatic, and dairy marinades. Moreover, enzymatic marinades consist of papain or bromelain. These can break down the meat and make it softer. The calcium in dairy marinades stimulates meat enzymes and makes it tender. Massive popularity of marination can be attributed to its plethora of applications including flavor enhancement, meat tenderization, and meat preservation.
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Expansion of the global marinades and mixtures market over the forecast timeline can be owing to rising demand for convenience food. Apart from this, other growth drivers of the global industry include diverse flavors offered by marinated poultry & meat. Large-scale need of getting pre-flavored proteins at a reasonable price has increased the popularity of marinades and dressings globally. Moreover, marinating meat and chicken have become a key component of the meat sector as a result of the huge consumption of ready-to-eat and nutritious diets. This is likely to scale up the growth of the marinades and mixtures industry.
However, one cannot keep food or meat in marinade for an elongated timespan as after two days marinade can break down the meat fibers and make it mushy. This factor can impede the expansion of the marinades and dressing industry globally. Nevertheless, growing awareness about the beneficial features of marinades & dressings and the need for meat preservation has generated new growth opportunities for the global industry.
The global marinades and dressings market is bifurcated into type, application, and region.
In terms of type, the global marinades and dressings industry is divided into dairy marinades, enzymatic marinades, and acidic marinades. Furthermore, the acidic marinades segment is expected to establish its domination over the forecast timespan. The expansion of the segment during 2022-2030 can be due to the easy availability of acidic marinades along with its growing popularity across the food & beverages industry.
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Based on the application, the global marinades and dressings market is segmented into foodservice industry and household. Furthermore, the foodservice industry segment is predicted to lead the application landscape in the next eight years. The segmental surge over the forecast timeframe can be due to sizable demand for marinades and dressings in the foodservice industry as restaurants & hotels make use of marinades and dressings for tenderizing meat.
The global marinades and dressings industry is divided into five regions that include the Asia-Pacific, North America, The Middle East & Africa, Europe, and Latin America.
The North American marinades and dressings industry, which contributed majorly towards the global industry share in 2021, is projected to retain its numero uno position over the forecast timeframe owing to the massive use of marinades and dressings in the foodservice industry in the countries such as the U.S. and Canada. Moreover, escalating need for ready-to-cook food as well as a flavored diet will create new opportunities for growth for the marinades and dressings industry in North America.
This review is based on a report by Zion Market Research, titled "Marinades and Dressings Market By Type (Acidic Marinades, Dairy Marinades, and Enzymatic Marinades), By Application (Foodservice Industry and Household), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2022 - 2030."- Report at https://www.zionmarketresearch.com/report/marinades-dressings-market
Current Breakthroughs:
In the second half of 2022, Griffith Foods India Private Limited, a food firm based in India, launched a new range of sauces for the Indian market. These new sauces will cater to the food flavor requirements of hotels, restaurants, and caterers & cafes. The strategic move will enlarge the scope of growth of the marinades and dressings business in India and the Asia-Pacific zone.
In April 2019, Tessemae, an organic fresh food organization in the U.S., launched Tessemae's Pantry, a new product line of shelf-stable marinades, dressings, and condiments. Reportedly, the Tessemae's Pantry line includes seven new recipes, referred to as Buffalo Ranch, Classic Italian Dressing, Cilantro Lime Ranch, Classic Balsamic Dressing, Lemon Pepper Dressing, Ranch Vinaigrette, and Classic Ranch. The initiative will augment the growth of the marinade and dressings industry in the U.S. and across the North American sub-continent.
In the second quarter of 2022, California Olive Ranch launched four plant-based products, thereby expanding its marinades & sauces product portfolio. For the record, the four plant-based products are Golden Thai, Garlic Dijon and rosemary, Chile lime Verde, and Teriyaki. Such moves will contribute majorly towards the sizable growth of the global marinades and dressings industry.
Key participants profiled in the global marinades and dressings market include:
Heinrich Schwarz & Sohn GmbH & Co. KG
Alimento Ventures Inc.
Sensi Food GmbH
ADMIRAL Sp. z o.o.
Celtrade Canada Inc
Wiberg Corporation
McCormick & Company Inc.
Burning Asphalt Sauces LLC
Dolores Canning Co. Inc.
Gourmets Tempel
Rocky Mountain Spice Company
Gwürzhüsli Bizarro AG
Heinz Co HJ
Nestlé S.A.
World Foods LLP
Kraft Foods Inc.
MOGUNTIA FOOD GmbH
Stello Foods Inc.
Unilever Plc.
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The global Marinades and Dressings market is segmented as follows:
By Type
Acidic Marinades
Dairy Marinades
Enzymatic Marinades
By Application
Foodservice Industry
Household
By Region
North America
The U.S.
Canada
Europe
France
The UK
Spain
Germany
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of the Middle East & Africa
FREQUENTLY ASKED QUESTIONS
Which key factors will influence global Marinades and Dressings market growth over 2022-2030?
What will be the value of the global Marinades and Dressings market during 2022-2030?
Which region will contribute notably towards the global Marinades and Dressings market proceeds?
Which are the major players leveraging the global Marinades and Dressings market growth?
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