Red Sauce Market growing at a CAGR of 6.1% - Increasing Demand, Emerging Trends, Opportunities and Future scope By 2031
The red sauce industry is segmented on the basis of packaging type, nature, distribution channel, and region.
PORTLAND, OR, US, February 11, 2023 /EINPresswire.com/ -- According to a new report published by Allied Market Research, titled, โRed Sauce Market," The red sauce market was valued at $3.1 billion in 2021, and is estimated to reach $5.6 billion by 2031, growing at a CAGR of 6.1% from 2022 to 2031.
Red sauce is a tomato-based product that is thicker than tomato juice but not as thick as tomato puree. Generally, adding herbs, spices, onion, and garlic enhances the flavor of the dish. Most grocery stores sell red sauce in commercial cans. It is used in many different cuisines and as the foundation for other sauces. The texture and flavor intensity of tomato paste, tomato puree, and tomato sauce varies across the globe and boosts the red sauce market opportunity to generate revenue. The flavor is more intense when the consistency is thicker.
๐ฅ๐ฒ๐พ๐๐ฒ๐๐ ๐ง๐ต๐ฒ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐ฃ๐๐ ๐ข๐ณ ๐ง๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐: https://www.alliedmarketresearch.com/request-sample/47689
๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐๐ฟ๐ผ๐๐๐ต ๐๐ป๐ฑ ๐๐ฒ๐บ๐ฎ๐ป๐ฑ
The consistency of tomato sauce varies from thin to thick, with tomato paste being the thickest and due to its consistency the tomato sauce preferred across the globe. In addition, using red sauce in multiple cuisines is one of the growing red sauce market trends.
Despite the fact that tomatoes are typically safe to eat, some people may face side effects with the consumption. A few issues tomatoes might cause include acid reflux, intolerance-related effects, and muscle aches. In addition, lycopene is regarded as being safe, because it offers a number of advantages.
๐๐ฒ๐ฎ๐ฑ๐ถ๐ป๐ด ๐๐ฒ๐ ๐ฃ๐น๐ฎ๐๐ฒ๐ฟ๐
According to the red sauce market analysis, the major players operating in the global red sauce are Chilzo, General Mills, The Kraft Heinz Company, Victoria, Organicville, Newmanโs Own, ConAgra Foods, Mezzetta Family Co., Campbell Soup Company, Barilla, Ragu, Goya Foods, Mutti, Raoโs Homemade and Cento Fine Foods.
๐๐๐ ๐๐ง๐๐-๐ง๐๐ ๐ ๐ข๐๐๐๐ฅ - ๐๐๐ ๐ก๐ผ๐ & ๐๐ฒ๐ ๐๐ ๐ฐ๐น๐๐๐ถ๐๐ฒ ๐๐ถ๐๐ฐ๐ผ๐๐ป๐ ๐ผ๐ป ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐: https://www.alliedmarketresearch.com/checkout-final/daaf1328d1fbc2b05cae2e24fd28382b
By region, North America held the largest share in 2021 i.e., $1012.9 million in 2021, and is expected to reach $1767.1 million by 2031 at a CAGR of 5.8%. According to the WorldAtlas, California produces 255,388 thousand centum weights (cwt) of tomatoes each year. As a result, it is recognized as one of the top tomato growers worldwide and the country's top tomato producing state. More specifically, California produces 95% of the tomatoes grown in the U.S. and around one-third of the tomatoes farmed globally. The North American region dominates the red sauce market as a result of all these factors.
๐๐ฒ๐ ๐๐ถ๐ป๐ฑ๐ถ๐ป๐ด๐ ๐ข๐ณ ๐ง๐ต๐ฒ ๐ฆ๐๐๐ฑ๐
-> The global red sauce market was valued at $ 3,107.2 million in 2021, and is projected to reach $ 5,574.6 million by 2031, registering a CAGR of 6.1 % from
2021 to 2031.
-> By packaging type, the bottles segment was the highest contributor to the red sauce market size, with $ 1,333.3 million in 2021, and is estimated to reach
$ 2,369 million by 2031, at a CAGR of 6.0% during the forecast period.
-> By region, North America was the highest revenue contributor, accounting for $1,012.9 million in 2021, and is estimated to reach $1,767.1 million by 2031,
with a CAGR of 5.8% in the red sauce market forecast year..
๐๐ฒ๐ ๐ฌ๐ผ๐๐ฟ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐๐๐๐๐ผ๐บ๐ถ๐๐ฒ๐ฑ @: https://www.alliedmarketresearch.com/request-for-customization/47689
By distribution channel, the indirect sales segment was the largest share in 2021 and are expected to have the largest market share in 2031. Rising urbanization, an increase in the number of people in the working class, and affordable costs all contribute to the popularity of indirect sales. These sales formats often have competitive pricing and are located in convenient locations where customers can buy products. As a result, customers may complete all of their shopping needs under one roof.
๐๐ต๐ฒ๐ฐ๐ธ ๐ผ๐๐ ๐บ๐ผ๐ฟ๐ฒ ๐ฟ๐ฒ๐น๐ฎ๐๐ฒ๐ฑ ๐๐๐๐ฑ๐ถ๐ฒ๐ ๐ฝ๐๐ฏ๐น๐ถ๐๐ต๐ฒ๐ฑ ๐ฏ๐ ๐๐ ๐ฅ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต:
Avocado Puree Market - https://www.alliedmarketresearch.com/avocado-puree-market-A16925
Fruit Puree Market - https://www.alliedmarketresearch.com/fruit-puree-market-A16912
IQF Fruits Market - https://www.alliedmarketresearch.com/iqf-fruits-market-A16883
Chocolate Confectionery Market - https://www.alliedmarketresearch.com/chocolate-confectionery-market-A27762
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