Market Overview:
The global ketchup concentrates market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The growth in the market can be attributed to factors such as rising demand for convenience foods, changing lifestyle and growing disposable income. In terms of type, the organic ketchup concentrates segment is projected to grow at a higher CAGR than the conventional ketchup concentrates segment during the forecast period. This can be attributed to increasing awareness about benefits associated with organic food products among consumers across the globe. In terms of application, supermarkets are expected to hold a dominant position in the global ketchup concentrates market throughout the forecast period followed by convenience stores and online stores respectively.
Product Definition:
Ketchup concentrates are a type of ketchup that has been reduced in water, making it thicker and more intense in flavor. It is used as a condiment for various foods, such as hamburgers, hot dogs, and french fries.
Organic Ketchup Concentrates:
Organic Ketchup Concentrates is a new term in the food industry which has been gaining importance over the past few years. It is basically a combination of tomato sauce and spices, with added nutrients such as vitamins and minerals. The product contains no artificial flavors or colors, unlike regular ketchup which has many preservatives in it.
The organic version of this product was first introduced by Unilever in U.K.
Conventional Ketchup Concentrates:
Conventional Ketchup concentrates are tomato products that have been processed to remove the skin and seeds. The product is then mixed with vinegar, water, sugar, spices and other ingredients to make ketchup. Conventional Ketchup concentrates are available in different forms such as paste, liquid and powder.
The global conventional ketchup concentrates market size was valued at USD 1.05 billion in 2015.
Application Insights:
The global ketchup concentrates market has been segmented into convenience stores, supermarkets and online stores on the basis of application. Convenience stores held the largest share in 2017 owing to increasing consumer preference for on-the-go products and a growing number of retail outlets. The segment is also anticipated to register the fastest CAGR over the forecast period due to an increase in spending power and prevalence of middle income groups across developing countries such as China, India, Brazil etc.
Ketchup is one of those condiments that are widely used not only in North America but around the world as well. In most European countries including Germany, France and Italy; ketchup is served with almost every meal along with bread or rolls as a dip for sandwiches or burgers. It can be used both raw & cooked food items thereby making it more versatile among consumers globally which eventually resulted in increased demand from various application segments worldwide over recent years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its dominance over the forecast period as well. This can be attributed to growing demand for convenience food, high standard of living, and increasing health consciousness among consumers in this region. Asia Pacific is anticipated to witness significant growth over the next eight years owing to changing consumer preferences towards healthier foods and rising disposable income levels in developing countries such as China and India.
For instance, In January 2016; Huy Fong Foods Inc.
Growth Factors:
- Increasing demand for convenience foods: The growing demand for convenient foods is one of the key growth drivers for the ketchup concentrates market. Convenience foods are those that can be easily prepared and consumed, without any major preparation time or hassle. This has led to an increase in the popularity of ketchup concentrates, as they can be easily added to various dishes and do not require any additional preparation time.
- Rising disposable income levels: Another key growth driver for the ketchup concentrates market is rising disposable income levels across regions worldwide. This has led to an increase in spending on food items, including condiments such as ketchup concentrates. In addition, it has also encouraged consumers to experiment with different types of cuisine, thereby driving demand for ketchup concentrates products globally.
- Growing trend of snacking: The growing trend of snacking is another important factor fuelling growth in the global ketchup concentrate market . Snacks are generally small and easy-to-eat food items that can be consumed between meals or as a light meal option instead of a full-fledged meal . Ketchups are ideal snacks owing to their high nutritional value and taste profile , which makes them popular among consumers worldwide .
Scope Of The Report
Report Attributes
Report Details
Report Title
Ketchup Concentrates Market Research Report
By Type
Organic Ketchup Concentrates, Conventional Ketchup Concentrates
By Application
Supermarket, Convenience Store, Online Store
By Companies
Conagra Brands, General Mills, Heinz Wattie's, Del Monte Food, Kerry Group, Dohler, ABC Fruits, J Sainsbury
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Ketchup Concentrates Market Report Segments:
The global Ketchup Concentrates market is segmented on the basis of:
Types
Organic Ketchup Concentrates, Conventional Ketchup Concentrates
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Supermarket, Convenience Store, Online Store
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Conagra Brands
- General Mills
- Heinz Wattie's
- Del Monte Food
- Kerry Group
- Dohler
- ABC Fruits
- J Sainsbury
Highlights of The Ketchup Concentrates Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Organic Ketchup Concentrates
- Conventional Ketchup Concentrates
- By Application:
- Supermarket
- Convenience Store
- Online Store
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ketchup Concentrates Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Ketchup concentrates are a type of condiment that is made from tomato sauce and sugar. They are often used as a replacement for ketchup in recipes.
Some of the key players operating in the ketchup concentrates market are Conagra Brands, General Mills, Heinz Wattie's, Del Monte Food, Kerry Group, Dohler, ABC Fruits, J Sainsbury.
The ketchup concentrates market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ketchup Concentrates Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Ketchup Concentrates Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ketchup Concentrates Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Ketchup Concentrates Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Ketchup Concentrates Market Size & Forecast, 2020-2028
4.5.1 Ketchup Concentrates Market Size and Y-o-Y Growth
4.5.2 Ketchup Concentrates Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Organic Ketchup Concentrates
5.2.2 Conventional Ketchup Concentrates
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Supermarket
6.2.2 Convenience Store
6.2.3 Online Store
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ketchup Concentrates Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Ketchup Concentrates Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Organic Ketchup Concentrates
9.6.2 Conventional Ketchup Concentrates
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Supermarket
9.10.2 Convenience Store
9.10.3 Online Store
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Organic Ketchup Concentrates
10.6.2 Conventional Ketchup Concentrates
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Supermarket
10.10.2 Convenience Store
10.10.3 Online Store
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Organic Ketchup Concentrates
11.6.2 Conventional Ketchup Concentrates
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Supermarket
11.10.2 Convenience Store
11.10.3 Online Store
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Organic Ketchup Concentrates
12.6.2 Conventional Ketchup Concentrates
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Supermarket
12.10.2 Convenience Store
12.10.3 Online Store
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Organic Ketchup Concentrates
13.6.2 Conventional Ketchup Concentrates
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Supermarket
13.10.2 Convenience Store
13.10.3 Online Store
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Ketchup Concentrates Market: Competitive Dashboard
14.2 Global Ketchup Concentrates Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Conagra Brands
14.3.2 General Mills
14.3.3 Heinz Wattie's
14.3.4 Del Monte Food
14.3.5 Kerry Group
14.3.6 Dohler
14.3.7 ABC Fruits
14.3.8 J Sainsbury
