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Culinary Sauces Market Size, Share, Industry, Forecast and outlook (2024-2031)

Published: June 2024 || SKU: FB3236
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Global Culinary Sauces Market is segmented By Type (Dry, Wet), By Application (Household, Food Processors, HoReCa), and By Region (North America, Europe, South America, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031

 

Culinary Sauces Market Size

The Global Culinary Sauces Market USD 47.5 billion in 2022 and is projected to witness lucrative growth by reaching up to USD 66.1 billion by 2030. The market is growing at a CAGR of 4.2% during the forecast period 2024-2031. With the growth in traditional multi-cuisine consumption and changing the eating habits of consumers, there is a surge in the culinary sauces demand in the coming years. Furthermore, the rising consumer preference for fresh and healthy food products, including natural ingredients, will further enhance the culinary sauces demand globally. 

The new trends of multi-cuisine cooking, and demand for different flavors & tastes as per the authentic country’s dish are the factors that drive the growth of the global cooking sauces market. Moreover, the easy availability of sauces at a reasonable price and grocery shops, such as soy sauce and pizza sauce for seasoning and adding flavors to traditional food, is further expected to boost the culinary sauces market growth during the forecast period.

Culinary Sauces Market Scope

Metrics

Details

CAGR

4.2%

Size Available for Years

2022-2031

Forecast Period

2024-2031

Data Availability

Value (US$) 

Segments Covered

Type, Application, and Region

Regions Covered

North America, Europe, Asia-Pacific, South America, and Middle East & Africa

Fastest Growing Region

Asia Pacific

Largest Region

North America

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and Acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, Porter’s Analysis, Pricing Analysis, Regulatory Analysis, Supply-Chain Analysis, and Other key Insights.

 

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Culinary Sauces Market Dynamics

The Surge in Usage of Culinary Sauces in Households, Restaurants & Cafes

The HoReCa sector, including restaurants, hotels, and cafes, has experienced substantial growth in recent years. The demand for culinary sauces has risen in parallel as these establishments use sauces extensively in their menu offerings. The need to cater to diverse palates and enhance the dining experience has driven the demand for a variety of culinary sauces. 

According to Statista, the market for packaged goods in India noticed sales of sauces, dressings, and condiments resulting in $3.79 billion in 2021. The market value of mayonnaise increased from Rs 292 crore in 2017 to Rs 594 crore in 2020. Therefore, there is rapid growth in the culinary sauces sector. 

The Rising Cases of Allergies and Food Intolerances Among the Consumers are Expected to Hamper the Culinary Sauces Market

There has been a notable increase in the prevalence of allergies and food intolerances worldwide. According to various studies and reports, the incidence of allergies, including common allergens such as soy, gluten, dairy, nuts, and others, has been on the rise in recent years.

Allergies and food intolerances can influence consumers' ingredient selection and dietary choices. Individuals with allergies or intolerances to specific ingredients commonly found in culinary sauces may need to avoid or limit their consumption of these sauces. This constraint reduces the potential consumer base for certain sauce varieties.

Culinary Sauces Market Segment Analysis

The global culinary sauces market is segmented based on type, application, and region.

Wet Culinary Sauces Holds a Prominent Share in the Culinary Sauces Market

Wet culinary sauces, such as marinades, dressings, and gravies, offer versatility in their application across a wide range of dishes. They can be used as bases for cooking, as coatings for grilling or roasting, as dressings for salads, or as accompaniments for various cuisines. The broad usage potential of wet sauces increases their market appeal and popularity.

Del Monte reported a 40–50% year-over-year increase in sales of dips and spreads, while Dr. Oetker asserts a threefold increase in sales of its Italian sauces line under the FunFoods brand since the pre–Covid era. The dips, sauces, and spreads category on BigBasket has grown by 100%. This data shows how the wet culinary sauce segment noticed significant growth in the market.  

Source: DataM Intelligence Analysis (2023)

Global Culinary Sauces Market Geographical Share

North America is the Dominating Region During the Forecast Period

The North American region has a thriving fast-food industry and a strong presence of casual dining establishments. Sauces play a significant role in these food service sectors, where they are used as condiments, toppings, and key flavor enhancers. The high consumption of sauces in fast food and casual dining establishments drives the market share in North America. According to Statista, in 2023, per-person revenues of USD 74.18 which is about 11.84 kg per person are produced based on population statistics. 

Source: DataM Intelligence Analysis (2023)

Culinary Sauces Market Companies

The major global players in the culinary sauces market are McCormick & Co Inc., Kraft Heinz Co., Unilever Group, Clorox Co., ConAgra Foods Inc., Nestle S.A. Ltd, Hain Celestial, Concord Foods, LLC, Del Monte Food Inc., and Northwest Gourmet Foods.

COVID-19 Impact on Culinary Sauces Market

COVID Impact

The COVID-19 pandemic has had both positive and negative impacts on the culinary sauces industry. With the implementation of lockdowns and restrictions on dining out, people spent more time cooking at home. This led to increased demand for culinary sauces as consumers sought to recreate restaurant-quality flavors and enhance their homemade meals. As restaurants faced temporary closures or limited operations, consumers relied heavily on grocery stores for their food supplies. Culinary sauces, being a pantry staple, experienced increased sales as consumers stocked up on essentials and looked for ways to diversify their home-cooked meals.

By Type

  • Dry
  • Wet

By Application

  • Household
  • Food Processors
  • HoReCa

By Region

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • The UK
    • France
    • Italy
    • Spain
    • Rest of Europe
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Asia-Pacific
    • China
    • India
    • Japan
    • Australia
    • Rest of Asia-Pacific
  • Middle East and Africa

Key Developments

  • In March 2023, Solina, a leading global partner for the food industry designing savory ingredient solutions, acquired W.T. Lynch Foods Limited in Canada to encourage its expansion in the North American market.
  • In November 2020, McCormick & Company Inc., a global leader in flavor, completed its acquisition to purchase the parent company of Cholula Hot Sauce from L Catterton. 
  • In September 2022, together, Meilleures Marques Inc. and Pacini will introduce a new range of 4 Pasta Sauce Mixes to the agri-food retail sector. Meilleures Marques Inc. is a division of St-Hubert's grocery business. Classic Italian dishes were inspired by Pacini, the top restaurant brand from this product category to enter grocery stores, while St-Hubert, a leader in grocery product marketing in Canada, will introduce the idea to customers. 

Why Purchase the Report?

  • To visualize the global culinary sauces market segmentation based on type and application understand key commercial assets and players.
  • Identify commercial opportunities by analyzing trends and co-development. 
  • Excel data sheet with numerous culinary sauces market-level data points all for segments.
  • PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
  • Product mapping available as excel consisting of key products of all the major players.

The global culinary sauces market report would provide approximately 69 tables, 69 figures, and 200 pages.

Target Audience 2024

  • Manufacturers/ Buyers
  • Industry Investors/Investment Bankers
  • Research Professionals
  • Emerging Companies
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FAQ’s

  • The Culinary Sauces Market is estimated to grow at a CAGR of 4.2% during the forecast period 2024-2031.

  • Major players are McCormick & Co Inc., Kraft Heinz Co., Unilever Group, Clorox Co., ConAgra Foods Inc., Nestle S.A. Ltd, Hain Celestial, Concord Foods, LLC, Del Monte Food Inc., and Northwest Gourmet Foods.

  • Asia Pacific is the fastest-growing region in the Culinary Sauces Market.

  • North America is the Largest Market Share in Culinary Sauces Market.
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