Market Overview:
The global vegetable sauce market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for convenience foods, increasing disposable income, and growing awareness about health and nutrition. The tomato-based sauces segment is expected to dominate the global vegetable sauce market in terms of revenue share during the forecast period. This segment is projected to grow at a CAGR of 5.8% from 2018 to 2030. The potato-based sauces segment is projected to be the fastest-growing segment during the forecast period, owing to its high nutritional value and increasing demand for healthy food options across regions.
Product Definition:
A sauce used to enhance the flavor of vegetables, typically made from a blend of vegetables, herbs, and spices. Vegetable sauce is important because it can add flavor and nutrients to any dish.
Tomato:
Tomato is a fruit and it's main ingredients are vitamin C, potassium, iron, calcium and fiber. Tomatoes are rich in lycopene which is a plant carotenoid that protects the body from heart-related diseases such as strokes and coronary artery disease. Lycopene also helps to reduce the risk of prostate cancer.
Cabbage:
Cabbage is a green or purple vegetable, usually shaped like a head, and is considered to be an important part of the cruciferous vegetables family. Cabbage has been used as an important food crop across the world for thousands of years. The ancient Egyptians were cultivating cabbage over five thousand years ago. Cabbage was also grown by the Celts and early European settlers in America.
Application Insights:
Commercial use accounted for more than 70.0% share of the global revenue in 2017. The sauces are widely used in restaurants and food joints across the world as they enhance the taste of various dishes, including noodles, dumplings, curries and stir-fries. They also add a rich flavor to foods when paired with authentic ingredients.
The home use application segment is expected to witness significant growth over the forecast period owing to growing awareness among consumers regarding healthy eating habits and increasing availability of recipes using vegetable sauce as an ingredient or condiment. In addition, manufacturers are launching new products with innovative packaging designs that appeal to a wider consumer base leading them towards greater consumption at home which is likely to boost market growth over the coming years.
Regional Analysis:
Europe was the largest regional market in 2017 owing to high consumption of vegetable sauces. Germany, U.K., France, and Italy are some of the major consumers in Europe due to high awareness regarding health benefits associated with these products. Asia Pacific is expected to be the fastest-growing region over the forecast period on account of increasing meat alternatives demand coupled with rising consumer interest towards healthier options for sauce preparation.
China accounted for a significant share in global production owing to low labor costs.
Growth Factors:
- Increasing demand for convenience foods: The growing trend of busy lifestyles has led to an increased demand for convenient food options. Vegetable sauces are a convenient and healthy option, which is driving their growth in the market.
- Rising awareness about the health benefits of vegetables: There is a growing awareness among consumers about the health benefits of consuming vegetables. This is leading to an increase in the demand for vegetable sauces, as they provide an easy way to consume vegetables.
- Growing popularity of ethnic cuisine: There is a growing trend of adopting different cuisines from around the world, especially Asian cuisine. Vegetable sauces are popular in Asian cuisine, and this is contributing to their growth in the market.
- Innovative product offerings by manufacturers: Manufacturers are introducing innovative product offerings such as vegan and gluten-free vegetable sauces to cater to the needs of different consumers segments. This is helping drive growth in the market for vegetable sauces.. 5) increasing disposable income levels among consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Vegetable Sauce Market Research Report
By Type
Tomato, Cabbage, Potato, Other
By Application
Home Use, Commercial Use
By Companies
Conagra Brands, Del Monte Food, Nestle, The Kraft Heinz, Unilever, Mott, GoGo Squeez, Manzana Products, Eden Foods, Vermont Village, Conagra Brands, Leahy Orchards, TreeTop, J.M. Smucker, Heinz, White House Foods
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
152
Number of Tables & Figures
107
Customization Available
Yes, the report can be customized as per your need.
Global Vegetable Sauce Market Report Segments:
The global Vegetable Sauce market is segmented on the basis of:
Types
Tomato, Cabbage, Potato, Other
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
Home Use, Commercial Use
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
- Del Monte Food
- Nestle
- The Kraft Heinz
- Unilever
- Mott
- GoGo Squeez
- Manzana Products
- Eden Foods
- Vermont Village
- Conagra Brands
- Leahy Orchards
- TreeTop
- J.M. Smucker
- Heinz
- White House Foods
Highlights of The Vegetable Sauce 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:
- Tomato
- Cabbage
- Potato
- Other
- By Application:
- Home Use
- Commercial Use
- 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 Vegetable Sauce 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Vegetable sauce is a type of sauce that is made from vegetables.
Some of the major players in the vegetable sauce market are Conagra Brands, Del Monte Food, Nestle, The Kraft Heinz, Unilever, Mott, GoGo Squeez, Manzana Products, Eden Foods, Vermont Village, Conagra Brands, Leahy Orchards, TreeTop, J.M. Smucker, Heinz, White House Foods.
The vegetable sauce market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Vegetable Sauce 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 Vegetable Sauce Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vegetable Sauce 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 Vegetable Sauce 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 Vegetable Sauce Market Size & Forecast, 2018-2028
4.5.1 Vegetable Sauce Market Size and Y-o-Y Growth
4.5.2 Vegetable Sauce Market Absolute $ Opportunity
Chapter 5 Global Vegetable Sauce 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 Vegetable Sauce Market Size Forecast by Type
5.2.1 Tomato
5.2.2 Cabbage
5.2.3 Potato
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Vegetable Sauce 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 Vegetable Sauce Market Size Forecast by Applications
6.2.1 Home Use
6.2.2 Commercial Use
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vegetable Sauce 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 Vegetable Sauce 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 Vegetable Sauce Analysis and Forecast
9.1 Introduction
9.2 North America Vegetable Sauce 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 Vegetable Sauce Market Size Forecast by Type
9.6.1 Tomato
9.6.2 Cabbage
9.6.3 Potato
9.6.4 Other
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 Vegetable Sauce Market Size Forecast by Applications
9.10.1 Home Use
9.10.2 Commercial Use
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 Vegetable Sauce Analysis and Forecast
10.1 Introduction
10.2 Europe Vegetable Sauce 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 Vegetable Sauce Market Size Forecast by Type
10.6.1 Tomato
10.6.2 Cabbage
10.6.3 Potato
10.6.4 Other
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 Vegetable Sauce Market Size Forecast by Applications
10.10.1 Home Use
10.10.2 Commercial Use
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 Vegetable Sauce Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Vegetable Sauce 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 Vegetable Sauce Market Size Forecast by Type
11.6.1 Tomato
11.6.2 Cabbage
11.6.3 Potato
11.6.4 Other
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 Vegetable Sauce Market Size Forecast by Applications
11.10.1 Home Use
11.10.2 Commercial Use
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 Vegetable Sauce Analysis and Forecast
12.1 Introduction
12.2 Latin America Vegetable Sauce 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 Vegetable Sauce Market Size Forecast by Type
12.6.1 Tomato
12.6.2 Cabbage
12.6.3 Potato
12.6.4 Other
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 Vegetable Sauce Market Size Forecast by Applications
12.10.1 Home Use
12.10.2 Commercial Use
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) Vegetable Sauce Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Vegetable Sauce 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) Vegetable Sauce Market Size Forecast by Type
13.6.1 Tomato
13.6.2 Cabbage
13.6.3 Potato
13.6.4 Other
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) Vegetable Sauce Market Size Forecast by Applications
13.10.1 Home Use
13.10.2 Commercial Use
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 Vegetable Sauce Market: Competitive Dashboard
14.2 Global Vegetable Sauce Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Conagra Brands
14.3.2 Del Monte Food
14.3.3 Nestle
14.3.4 The Kraft Heinz
14.3.5 Unilever
14.3.6 Mott
14.3.7 GoGo Squeez
14.3.8 Manzana Products
14.3.9 Eden Foods
14.3.10 Vermont Village
14.3.11 Conagra Brands
14.3.12 Leahy Orchards
14.3.13 TreeTop
14.3.14 J.M. Smucker
14.3.15 Heinz
14.3.16 White House Foods
