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Pasta Sauce Market size was valued at USD 9.9 billion in 2019 and is poised to grow from USD 10.64 billion in 2023 to USD 18.98 billion by 2031, growing at a CAGR of 7.5% in the forecast period (2024-2031).

The presence of a significant number of players with a broad geographic presence, a strong brand image, and comprehensive distribution network makes the pasta sauce market competitive. Manufacturers in the market have also been concentrating on expanding their shelf space in offline distribution/retail channels due to the growing involvement of retail giants such as Carrefour and the rising popularity of shopping malls. Furthermore, they have been concentrating more on sponsorship deals and partnerships because these strategies help them reach the right audience. As a result, industry participants are expected to form alliances with local distributors in order to ensure continuous product access to buyers over the next few years. Furthermore, socially and environmentally sustainable and brand popularity help businesses generate more revenue. ' Conagra Brands, Inc. ', ' Barilla G. e R. Fratelli S.p.A. ', ' Mars, Incorporated (Uncle Ben's, Dolmio) ', ' Mizkan Group ', ' Nestlé S.A. (Buitoni) ', ' The Kraft Heinz Company ', ' F.lli Saclà S.p.A. ', ' Newman's Own, Inc. ', ' The Hain Celestial Group, Inc. ', ' Bertolli (a subsidiary of Unilever) ', ' Del Monte Foods, Inc. ', ' Giovanni Food Company, Inc. ', ' Victoria Fine Foods, LLC ', ' Cucina Antica Foods Corp. ', ' Classico (a subsidiary of Kraft Heinz) ', ' Ragu (a subsidiary of Mizkan) ', ' Ina Garten, LLC (Barefoot Contessa) ', ' Giovanni Rana ', ' La San Marzano ', ' Seggiano '

One of the primary drivers of the pasta sauce market is the thriving food and beverage industry, as well as the increasing popularity for ready-to-eat food products. The growing workforce and hectic schedules have increased demand for ready-to-cook pasta cakes all over the world. Furthermore, a growing audience interest in trying intercontinental regional cuisine and spicy dishes fuels industry growth. The increasing public health consciousness has increased the demand for nutrient-dense and well-balanced food options. To attract more customers, manufacturers create pasta sauces with organic and gluten-free ingredients. Restaurants, cafes, and other eateries experiment with a variety of flavors and sauce variations to provide their customers with unique and creative pasta dishes.

Pasta sauce demand has increased significantly in emerging markets due to the increasing popularity of western meal dishes, inter - continental cuisines, and tangy foods. For instance, the growing popularity of pasta as a quick food substitute for rice and grain products has driven the market.

In 2021, Europe dominated the pasta sauce market, accounting for more than 30.0% of revenue. The emergence of pasta in the region, as well as its widespread penetration in European countries, has fueled regional market growth.

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Global Pasta Sauce Market

Product ID: SQMIG30H2090