Market Research Report
Pasta Sauce Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025
|Published by||IMARC Services Private Limited||Product code||933933|
|Published||Content info||107 Pages
Delivery time: 2-3 business days
|Pasta Sauce Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025|
|Published: April 16, 2020||Content info: 107 Pages||
The global pasta sauce market grew at a CAGR of 6% during 2014-2019. Pasta sauce is a cream-based liquid or semi-solid paste that is used as a savory topping over pasta and other Italian dishes, including pizza and lasagna. It is commonly prepared using a mixture of ingredients, such as tomatoes, onions, garlic, cheese, herbs and seasonings for unique flavoring and taste. It is also rich in various macronutrients, vitamins, minerals and fibers. Some of the most common variants of pasta sauce include red, green, white, meat-based, emulsified, butter-based and vegetable sauces. They are usually stored and distributed in glass and aluminum containers, along with plastic pouches and packets.
The thriving food and beverage industry, along with a growing preference for ready-to-eat food products, is one of the key factors driving the growth of the market. Owing to the increasing working population and hectic schedules, the preference for packaged and easy to cook pasta sauces has increased significantly across the globe. Furthermore, a rising consumer inclination to try inter-continental cuisines and flavor-rich dishes is also providing a boost to the market growth. The growing health consciousness among the masses has further enhanced the demand for nutrient-rich and healthy product variants. Manufacturers are creating pasta sauces that are made using gluten-free and organic ingredients. Moreover, restaurants, cafes and other eateries are also experimenting with multiple flavors and combinations of sauces to offer innovative and unique pasta dishes to their customers. Other factors, including rising disposable incomes and rapid urbanization, are projected to drive the market further. Looking forward, IMARC Group expects the market to continue its moderate growth during the next five years.