Latin America Sauce Market Size, Share, Price, Demand, Industry Analysis and Forecast 2020-2025

in latin-america •  4 years ago 

According to the latest report by IMARC Group, titled “Latin America Pasta Sauce Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the pasta sauce market size in Latin America reached a strong growth in 2019. Pasta sauce refers to a mixture of numerous ingredients, such as tomatoes, onion, cheese, garlic, herbs, and other seasonings. It is usually made in the form of liquid or semi-liquid paste that improves the flavor of the pasta dish and helps in quick preparation. Pasta sauce is a rich source of vitamins, minerals, micronutrients, fibers, etc. Tomato or arrabbiata sauce, pesto sauce, and alfredo sauce are some of the major types of pasta sauces available across the Latin American countries.

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The changing consumer tastes and preferences, along with the increasing popularity of intercontinental cuisines, are primarily driving the pasta sauce market in Latin America. Moreover, the hectic and busy lifestyles of the consumers, coupled with the wide availability of easy-to-cook pasta recipes, are also augmenting the market growth. Additionally, the rising consumer health concerns have led to an increasing demand for minimally processed and organic product variants. The expanding foodservice sector in the region, coupled with the introduction of innovative flavors and ingredients, will continue to catalyze the pasta sauce market in Latin America. On account of these factors, IMARC Group expects the market to continue its steady growth during the forecast period (2020-2025).

Breakup by Product Type:

  • Tomato-Based Sauces
    • Traditional Sauce
    • Marinara Sauce
    • Meat Sauce
    • Mushroom Sauce
    • Roasted Garlic Sauce
    • Cheese Sauce
    • Tomato and Basil Sauce
    • Others
  • Pesto-Based Sauces
    • Traditional Basil Pesto Sauce
    • Sun-Dried Tomato Pesto Sauce
    • Others
  • Alfredo-Based Sauces
    • Traditional Alfredo Sauce
    • Garlic Alfredo Sauce
    • Cheese Alfredo Sauce
    • Others
Breakup by Packaging Type:
  • Glass Bottles
  • PET
  • Cans
  • Pouches
  • Cartons
Breakup by Distribution Channel:
  • Direct
  • Indirect
    • Store-Based Retailing
    • Supermarkets
    • Specialty Stores
    • Convenience Stores
    • Online Retailing
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

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