PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1383505
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1383505
According to SPER Market Research, 'Cooking Sauce Market Size- By Type, By Product, By Application, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033' state that the Cooking Sauce Market is predicted to reach USD 72.90 billion by 2033 with a CAGR of 4.41%.
When food is being cooked, cooking sauces-which are liquid or semi-liquid preparations-are used to improve its flavour and taste. Vegetables, herbs, spices, and seasonings are frequently combined to create these sauces. There are many other flavours that they come in, such as pasta, stir-fry, tomato-based, curry, and barbecue sauces.
Furthermore, cooking sauce sales have been significantly impacted by the COVID-19 epidemic. Convenient meal options became more in demand as a result of the pandemic's lockdowns and limitations, which also encouraged cooking at home. To make meal preparation easier and enhance the taste of their handmade dishes, consumers started using cooking sauces. But the epidemic also brought with it difficulties for the market, including shake-ups in the supply chain, scarcity of some ingredients, and variations in demand.
Market size available for years: 2019-2033
Base year considered: 2022
Forecast period: 2023-2033
Segments covered: By Type, By Product, By Application, By Distribution Channel
Regions covered: North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
Companies Covered: Bolton Group, Conagra Brands Inc., Del Monte Foods Inc., General Mills Inc., Kikkoman Corporation, Nestle SA, Tas Gourmet Sauce Co., The Kraft Heinz Company, The Unilever Group, Others
By Application: Based on the Application, Global Cooking Sauce Market is segmented as; Cafes, Households, Restaurants & Hotels, Street Food, Others.
By Distribution Channel: Based on the Distribution Channel, Global Cooking Sauce Market is segmented as; Convenience Stores, Hypermarkets, Supermarkets, Online.
By Region: This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.