DUBLIN--(BUSINESS WIRE)--The "Hot Sauce Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
The global hot sauce market reached a value of US$ 4.5 Billion in 2020. The market is forecast to exhibit moderate growth during 2021-2026.
Hot sauce or chili sauce is manufactured using chili peppers, vinegar and other ingredients. It is used as condiments, dressings and seasonings. Hence, it can be consumed along with cooked food or used as an ingredient in cooking to add complementary or contrasting flavours. It has become a significant part of the modern kitchen; however, the preparation styles and flavours are different across the globe.
The demand for hot sauce has been witnessing significant growth with increasing popularity of Pan Asian and Latin American cuisines across the globe. Introduction of innovative sauce flavours with health beneficial attributes have further augmented the demand for hot sauce. In addition, increasing consumption of fast and frozen foods among the busy city-dwellers, especially in the emerging countries, has also led to an increased usage of hot sauce, thereby creating a positive impact in the market.
Apart from that, increasing urban population, modernization of storage and logistics, rising number of expatriates in countries and cultural exchanges are some of the other factors that catalyse the growth of the hot sauce market.
The report has also examined the competitive landscape of the market. Some of the major players include McIlhenny Company, McCormick and Co., Huy Fong Food, Baumer Foods, Garner Foods, B&G Foods, Kraft Heinz, Salsa Tamazula, Bruce Foods, Schwartz, etc.
Key Questions Answered in This Report:
- How has the global hot sauce market performed so far and how will it perform in the coming years?
- What are the key regions in the global hot sauce market?
- What has been the impact of COVID-19 on the global hot sauce market?
- Which are the popular product types in the global hot sauce market?
- What are the key application segments in the global hot sauce market?
- What are the major end-use sectors in the global hot sauce market?
- What are the major distribution channels in the global hot sauce market?
- What are the various stages in the value chain of the global hot sauce market?
- What are the key driving factors and challenges in the global hot sauce industry?
- What is the structure of the global hot sauce market and who are the key players?
- What is the degree of competition in the global hot sauce industry?
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How are hot sauces manufactured?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
5 Global Hot Sauce Market
5.1 Market Overview
5.2 Market Trends
5.3 Impact of COVID-19
5.4 Market Breakup by Region
5.5 Market Breakup by Product Type
5.6 Market Breakup by Application
5.7 Market Breakup by End-Use
5.8 Market Breakup by Packaging
5.9 Market Breakup by Distribution Channel
5.10 Market Forecast
5.11 SWOT Analysis
5.12 Value Chain Analysis
5.13 Porters Five Forces Analysis
5.14 Price Analysis
6 Market Breakup by Region
7 Market Breakup by Product Type
7.1 Medium Hot Sauce
7.2 Mild Hot Sauce
7.3 Very Hot Sauce
8 Market Breakup by Application
8.1 Cooking Sauce
8.2 Table Sauce
9 Market Breakup by End-Use
9.1 Commercial
9.2 Household
10 Market Breakup by Packaging
10.1 Jars
10.2 Bottles
10.3 Others
11 Market Breakup by Distribution Channel
11.1 Supermarkets and Hypermarkets
11.2 Traditional Grocery Retailers
11.3 Online Stores
11.4 Others
12 Hot Sauce Manufacturing Process
12.1 Product Overview
12.2 Raw Material Requirements
12.3 Manufacturing Process
12.4 Key Success and Risk Factors
13 Competitive Landscape
- McIlhenny Company
- McCormick Co.
- Huy Fong Food
- Baumer Foods
- Garner Foods
- B&G Foods
- Kraft Heinz
- Salsa Tamazula
- Bruce Foods
- Schwartz
For more information about this report visit https://www.researchandmarkets.com/r/vc9510
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