Market Overview:
The global ketchup 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 ketchup from food service providers and increasing disposable income of consumers. In terms of type, the original ketchup segment is expected to dominate the global ketchup market during the forecast period. However, flavored ketchups are also gaining popularity among consumers due to their unique flavors and taste profiles. In terms of application, family consumption is expected to account for a major share of the global ketchup market during the forecast period. This can be attributed to changing lifestyles and growing preference for convenience foods among consumers across regions.
Product Definition:
Ketchup is a type of sauce made from tomatoes, vinegar, sugar and spices. It is usually red in color and has a sweet and sour taste. Ketchup is one of the most popular condiments in the world and is used on many different types of food.
Original Ketchup:
The Original Ketchup is a tomato-based sauce, usually produced from fresh tomatoes. It contains no artificial ingredients and has a rich, authentic taste. The product is gaining popularity among consumers due to its natural flavor and low sodium content as compared to the regular ketchup sold in stores.
Flavored Ketchup:
Flavored Ketchup is a condiment that contains flavoring agents, sweeteners and preservatives. It is usually made from tomato sauce, vinegar, spices and other flavors. The product can be used as a substitute for regular ketchup in various dishes such as sandwiches or burgers.
The global flavored ketchup market was valued at USD 1.01 billion in 2015.
Application Insights:
The food services market is expected to reach USD 1.96 billion by 2030. The application segment dominated the global ketchup market in 2017, accounting for over 60% of the overall revenue share and is projected to continue its dominance over the forecast period. This growth can be attributed to increasing consumer preference for flavored foods along with rising demand from fast food chains and casual restaurants across various regions globally.
Ketchup has a significant place in American cuisine; it is considered as an essential ingredient in numerous popular dishes such as bacon cheeseburgers, chicken nuggets, hot dogs and French fries among others which are widely consumed throughout the world especially in North America and Europe regions.
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 consumer awareness regarding health, along with a shift in trend towards healthier alternatives such as fresh tomatoes and vegetable-based ketchups across the U.S., Canada, and Mexico.
The Asia Pacific has been one of largest producers of tomatoes since 2010; however it imports around 90% of its requirements because it does not have enough production capacity itself (China).
Growth Factors:
- Increasing demand for convenience foods: Ketchup is a convenient condiment that can be used in many different dishes. As more people move towards convenience foods, the demand for ketchup will continue to grow.
- Growing popularity of ethnic cuisine: Ketchup is a popular condiment in many different types of cuisine, including American, Mexican, and Indian food. As the popularity of ethnic cuisine continues to grow, so will the demand for ketchup.
- Rising disposable income: As people's incomes rise, they are increasingly able to afford luxury items like high-quality ketchups. This will lead to increased demand for ketchup in the coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Ketchup Market Research Report
By Type
Original Ketchup, Flavored Ketchup
By Application
Family Consumption, Food Services Market
By Companies
The Kraft Heinz Company, Nestle, ConAgra Foods, Del Monte, General Mills, Kissan, Kagome, Chalkis Health Industry, Organicville, Red Duck Foods, GD Foods, Red Gold, Cofco Tunhe
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Ketchup Market Report Segments:
The global Ketchup market is segmented on the basis of:
Types
Original Ketchup, Flavored Ketchup
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
Family Consumption, Food Services Market
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:
- The Kraft Heinz Company
- Nestle
- ConAgra Foods
- Del Monte
- General Mills
- Kissan
- Kagome
- Chalkis Health Industry
- Organicville
- Red Duck Foods
- GD Foods
- Red Gold
- Cofco Tunhe
Highlights of The Ketchup 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:
- Original Ketchup
- Flavored Ketchup
- By Application:
- Family Consumption
- Food Services Market
- 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 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?
Ketchup is a condiment made from tomatoes and vinegar.
Some of the major players in the ketchup market are The Kraft Heinz Company, Nestle, ConAgra Foods, Del Monte, General Mills, Kissan, Kagome, Chalkis Health Industry, Organicville, Red Duck Foods, GD Foods, Red Gold, Cofco Tunhe.
The ketchup market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Ketchup Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Ketchup Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Ketchup Market - Supply Chain
4.5. Global Ketchup Market Forecast
4.5.1. Ketchup Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Ketchup Market Size (000 Units) and Y-o-Y Growth
4.5.3. Ketchup Market Absolute $ Opportunity
5. Global Ketchup Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Ketchup Market Size and Volume Forecast by Type
5.3.1. Original Ketchup
5.3.2. Flavored Ketchup
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Ketchup Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Ketchup Market Size and Volume Forecast by Application
6.3.1. Family Consumption
6.3.2. Food Services Market
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Ketchup Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Ketchup Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Ketchup Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Ketchup Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Ketchup Demand Share Forecast, 2019-2026
9. North America Ketchup Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Ketchup Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Ketchup Market Size and Volume Forecast by Application
9.4.1. Family Consumption
9.4.2. Food Services Market
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Ketchup Market Size and Volume Forecast by Type
9.7.1. Original Ketchup
9.7.2. Flavored Ketchup
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Ketchup Demand Share Forecast, 2019-2026
10. Latin America Ketchup Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Ketchup Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Ketchup Market Size and Volume Forecast by Application
10.4.1. Family Consumption
10.4.2. Food Services Market
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Ketchup Market Size and Volume Forecast by Type
10.7.1. Original Ketchup
10.7.2. Flavored Ketchup
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Ketchup Demand Share Forecast, 2019-2026
11. Europe Ketchup Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Ketchup Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Ketchup Market Size and Volume Forecast by Application
11.4.1. Family Consumption
11.4.2. Food Services Market
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Ketchup Market Size and Volume Forecast by Type
11.7.1. Original Ketchup
11.7.2. Flavored Ketchup
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Ketchup Demand Share, 2019-2026
12. Asia Pacific Ketchup Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Ketchup Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Ketchup Market Size and Volume Forecast by Application
12.4.1. Family Consumption
12.4.2. Food Services Market
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Ketchup Market Size and Volume Forecast by Type
12.7.1. Original Ketchup
12.7.2. Flavored Ketchup
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Ketchup Demand Share, 2019-2026
13. Middle East & Africa Ketchup Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Ketchup Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Ketchup Market Size and Volume Forecast by Application
13.4.1. Family Consumption
13.4.2. Food Services Market
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Ketchup Market Size and Volume Forecast by Type
13.7.1. Original Ketchup
13.7.2. Flavored Ketchup
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Ketchup Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Ketchup Market: Market Share Analysis
14.2. Ketchup Distributors and Customers
14.3. Ketchup Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. The Kraft Heinz Company
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Nestle
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ConAgra Foods
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Del Monte
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. General Mills
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Kissan
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Kagome
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Chalkis Health Industry
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Organicville
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Red Duck Foods
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. GD Foods
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Red Gold
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Cofco Tunhe
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
