Salsas, Dips & Spreads Market Analysis, Top Key Players Updates 2018 | Frontera Foods, Hot Sauce Harry's, Tostitos, Sabra, Ricos, Arizona Spice Company | Industry Research Report

Market Overview:
Global Salsas, Dips and Spreads Market is expected to grow at CAGR of 5% backed by increase in demand for salty snacks particularly in segments like nachos and chips. Higher demand is noticed in the products with healthy ingredients. Availability of products in various flavors and particularly the cheese based dips is attracting the consumers of all age groups resulting in increase of salsas, dips and spreads sales in the last few years. Perceptions about dips and salsas as unhealthy option due to sour cream or cream cheese as a base had limited potential market growth. However, with inclusion of cold storage and logistics has resulted in extension of shelf life of products.

Availability of salsas, dips and spreads in various flavors and also in various combinations is supporting the market growth. Among the various combinations salty/sweet combos and spicy/sweet combos that gel with the savory snacks are in higher demand. Major players are introducing healthier products for consumers. Increase in snack products mainly the salty snacks and chips are driving higher demand for salsas, dips and spreads. Growing tendency for western foods in the Asia pacific region is driving high demand especially in countries like India and China.

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Major Key Players:
This report includes a study of strategies, of major market players. It includes the product portfolios, developments of leading major players Frontera Foods Inc. (U.S.), Hot Sauce Harry's (U.S.), Tostitos (U.S.), Sabra (U.S.), Ricos (U.S.), Arizona Spice Company (U.S.), Desert Pepper Trading Company (U.S.), Cornitos (India), Salsalito (India), and Britannia Foods (India)

Key Findings:
• Increase in demand for savory snacks specifically as accompaniments for nachos chips will drive higher demand for salsas, dips and spreads in the coming years.
• Change in snack consumption patterns mainly in the US has resulted in introduction of new ingredients and flavors is driving the sales of salsas, dips and spreads market.

Study Objectives of Salsas, Dips & Spreads Market:
• Detailed analysis of the market segments and sub-segments.
• To estimate and forecast market size by product type, cuisine, specialty type, food preference, flavor type, and region.
• To analyze the key driving forces influencing the market.
• Region level market analysis and market projections for North America, Europe, Asia, and Rest of the World (ROW) and their countries.
• Value chain analysis & supply chain analysis.
• Company profiling of major players in the market.
• Competitive strategy analysis, mapping of key stakeholders in the market
• Analysis of historical market trends, and technologies, and current government regulatory requirements

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Intended Audience:
• Salsas, Dips & Spreads manufacturers
• Savory snack manufacturers
• Nachos chips manufacturers
• Retailers, wholesalers
• E-commerce companies
• Traders, Importers and exporters

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