Pasta sauce originated in Italy and is an essential ingredient for preparing pasta. Increasing demand for international cuisines, fuelled by hectic lifestyle, and increasing disposable income of individuals is expected to boost growth for global pasta sauce market. However, high cost of raw material and inclination towards frozen pasta can limit growth of global pasta sauce market to certain extent.
Global pasta sauce market has been segmented on the basis of type, distribution channel, packaging, and by region. On the basis of type, the market is segmented into red sauce, green sauce, white sauce, emulsified sauce, meat-based sauce, butter sauce, vegetable sauce, and others (hot sauce, sweet sauce, and black sauce). On the basis of packaging, the market is segmented into glass, cans, pouches, PET (polyethylene terephthalate) packaging, and cartons. The glass segment is expected to account for a major share, owing to it being a traditional form of packaging in several countries. Similarly, PET segment is expected to grow in primarily in the Asia Pacific region, owing to it being a cost-effective option.
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On the basis of distribution channel, the market is segmented as direct and indirect. Indirect segment is further sub-segmented into departmental stores, modern trade, e-commerce, convenience stores, and others. The indirect segment is expected to register substantial growth in the target market.
Based on region the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Increasing demand for international cuisines and increasing cross culture influence is expected to drive the Asia Pacific pasta sauce market over the forecast period.
Some prominent players in the global pasta sauce market are Mizkan Co., Ltd., Barilla S.p.A., Mars Food UK Ltd., Conagra Brands, Inc., Newman’s Own, Inc., The Kraft Heinz Co., B&G Foods, Inc., CSC Brands LP, Premier Foods plc, and Knorr Foods Co., Ltd.
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