Culinary Sauces Market to Touch USD 59.75 Billion in 2029; Rising Awareness among Buyers Regarding Organic and Salt-Free Products Will Facilitate Industry Growth

The global culinary sauces market size is anticipated to display robust growth by reaching USD 59.75 billion by 2029. Fortune Business Insights™ in its report titled "Culinary Sauces Market Size, Share & COVID-19 Impact Analysis, By Type (Dry and Wet), Application (Households, Food Processors, and HoReCa), End-Use (B2C and B2B), and Regional Forecasts, 2022-2029" observes that the market size in 2021 was valued at USD 45.23 billion in 2021 and reached 46.64 billion in 2022. The market is anticipated to witness a CAGR of 3.60% during 2022-2029. Increasing population about the growing popularity of premium food products and healthy cooking solutions is likely to fuel the market's progress.

Restrictions on Public Mobility Hindered Market's Development Amid COVID-19

A considerable impact has been observed on the food industry during the COVID-19 pandemic. Several factors, such as rising transportation and logistics rates along with restrictions on public mobility, limited the export and import of raw materials in several countries, which has lowered the demand for the product. According to the findings of House of Commons of the United Kingdom research, in 2022, the healthcare sectors had seen a decline of 42% in financial outcomes in 2020. Furthermore, limited workforce availability and limited operational hours hampered the overall performance of the market. Meanwhile, the shifting trend toward ready-to-eat products helped revive the global market to support the industry's needs.

Patak Introduced Plant-Based Range Of Curries to Boost its Market Presence

Patak introduced its latest inauguration of an Indian-style plant-based range of curries that comprises of easy to cook sauces and ready-to-eat kits to establish their footprints in the marketplace.

Rising Shifting Trends towards Healthy Diet Promotes Market Growth

Due to the rising shifting trends among the population worldwide towards ready-to-eat products, the demand for culinary sauces rose significantly. Some of the other factors, such as rising consumer preferences and population diversification towards a healthy diet, escalate the demand for the product to a great extent. Furthermore, the rising demand for exotic and bold flavors in sauces stimulates the need for the product at a better pace. The rising prevalence of different plant-based meat alternatives among end-users so as to cater to the changing consumer preferences is another factor escalating the product's demand. These factors are likely to propel the culinary sauces market growth.

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Leading Players Introduced new products to Bolster their Portfolio

The key business giants operating in the segment are continuously deploying acquisition tactics to fortify their businesses. For example, in April 2022, Kraft Heinz introduced HEINZ DIP & CRUNCH, its first-of-its-kind ketchup, to improve the end-users burger experience. Furthermore, it also helps the firm to gain a substantial market reach, improve its brand image, and boost its resources to establish its prominence in the marketplace.

Key Industry Development

• November 2020: Cholula Hot Sauce was acquired by McCormick & Company Inc. to grow its market opportunities.

Further Report Findings

• The market in North America was valued at USD 16.90 billion in 2021 and is expected to gain a significant portion of the culinary sauces market share during the forecast period. Growing spicy culinary traditions and population dynamics of the different emerging countries are expected to fuel the industry's growth.


• Moreover, due to the rising adoption of various culinary practices and western eating habits for creating new eating experiences is likely to fuel the industry's growth.


• In Europe, the growing popularity of spicy ethnic foods across the region will likely nurture the industry's growth.

List of Key Players Profiled in the Market Report

• The Kraft Heinz Company (U.S.)


• Conagra Brands (U.S.)


• Unilever PLC (U.K.)


• Del Monte Foods Inc. (U.S.)


• Kikkoman Corporation (Japan)


• YAMASA Corporation (Japan)


• Ken’s Foods (U.S.)


• McCormick & Company Inc. (U.S.)


• McIlhennyCompany (U.S.)


• Hormel Foods Corporation (U.S.)

Report Scope & Segmentation