Global sauces, dressings, and condiments market is expected to be driven by growing popularity of international cuisines in next 10 years

Rising demand for sauces, dressings, and condiments owing to increasing disposable income coupled with the busy lifestyle of people are some among the factors expected to propel growth of the global sauces, dressings, and condiments market over the forecast period.

However, high raw material costs of sauces, dressings, and condiments is factor expected to hamper growth of the target market in the near future.

The global sauces, dressings, and condiments market has been segmented on basis of type, distribution channel, and region. On the basis of type, the target market is segmented into table sauces, cooking ingredients, dips, pickled products, pastes and purees, and others. Table sauces segment dominates the global market in terms of revenue and is expected to maintain its dominance over the forecast period, owing to increasing use of various table sauces such as mayonnaise and tomato sauce as they are used as instant accompaniments with fast food and snacks.

On the basis of distribution channel global sauces, dressings, and condiments market is segmented into supermarkets/hypermarkets, specialist retailers, convenience stores, and others. Others include mixed retailers, internet retailers, and non-grocery specialists.

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Based upon region global sauces, dressings, and condiments market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East Africa. The market in North America is estimated to be highest share in terms of revenue, owing to growing inclination of consumers towards international flavors, in the region. The markets in Asia Pacific is expected to register significant growth in terms of revenue, owing to rising disposable income, in the region over the forecast period.

Some prominent players in the global sauces, dressings, and condiments market are Nestle SA, Kikkoman Corporation, Tas Gourmet Sauce Co., McCormick & Company Incorporated, Unilever Group, The Kraft Heinz Company, General Mills Inc., Bolton Group, Conagra Brands Inc., and Del Monte Foods Inc.

About the Author

Michelle Boyd
Michelle does an outstanding job, related to the Health and Medicine background. Having experience of more than 8years, have been working before with other companies related to the same field, been an expert in resolving whatever queries are being approached by the team. She likes to enjoy each and every moment of life.

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