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Report Overview
The global sauces market is expected to grow at a CAGR of 5% during the forecast period of 2025-2034. A sauce is a cream or semi-solid food that is eaten or used in specific food preparations. The sauces market is being driven by the globalisation of tastes and the rising product diversification.
2024
Base Year
2018-2024
Historical Year
2025-2034
Forecast Year
Sauces Market Competitive Landscape
The report presents a detailed analysis of the following key players in the global sauces market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Campbell Soup Co. (NYSE: CPB)
- Hormel Foods Corp.
- McCormick & Co. Inc.
- The Kraft Heinz Co.
- Unilever PLC
- Others
The EMR report gives an in-depth insight into the sauces market by providing a SWOT analysis as well as an analysis of Porter's Five Forces model.
Sauces Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The global sauces market is projected to grow at a CAGR of 5% between 2025 and 2034.
The major drivers of the market rapid globalisation, rising disposable incomes, the diversification of food products, the expanding food services and restaurant business, and the rising availability of a wide range of sauces in affordable and convenient packaging.
The key trends guiding the market include growing demand for ethnic cuisines, the growing popularity of sauces in pouch packaging, and the increasing demand for innovative flavours.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Table and culinary sauces, among others, are the leading product types of sauces in the market.
The major market players include Campbell Soup Company (NYSE: CPB), Hormel Foods Corporation (NYSE: HRL), McCormick & Company, Inc. (NYSE: MKC), The Kraft Heinz Company (NASDAQ: KHC), and Unilever PLC, among others.
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