ID: MRFR/F-B & N/1448-HCR | February 2021 | Region: Global | 110 pages
Study Objectives of Salsas, Dips & Spreads Market
Salsa is generally a tomato-based sauce or dip which includes various ingredients such as onions, chilies, beans, corn, and various spices. It is the Italian and Spanish term for sauce, and also referred to the sauces typical of Mexican cuisine known as salsa picante, particularly those used as dips in English speaking countries. Introduction of new flavors, packaging material will boost the market growth during the forecast period.
Globally the market for salsas, dips and spreads is expected to grow at the rate of about 5% from 2016 to 2022.
Increase in demand for savory snacks specifically as accompaniments for nachos chips will drive higher demand for salsas, dips and spreads in the coming years.
Change in snack consumption patterns mainly in the US has resulted in introduction of new ingredients and flavors is driving the sales of salsas, dips and spreads market.
Salsas, dips and spreads market has been segmented on the basis of product type, market is segmented into black bean, chipotle, corn, fruit, tomato, jalapeno and others. On the basis of cuisine the market comprises of American, Indian, Italian, Mexican, and others. On the basis of specialty type, market is segmented into low fat, no artificial flavor, no preservatives and others. On basis of food preference, market is segmented into vegetarian and non-vegetarian. On basis of flavor type, market is segmented into mild, medium, hot and others.
The global salsas, dips and spreads market is segmented into North America, Europe, Asia Pacific, and Rest of the World (RoW). Among this North America region has major market share followed by Asia Pacific and Europe.
The key players profiled in the salsas, dips and spreads market are as Frontera Foods Inc. (U.S.), Hot Sauce Harry's (U.S.), Tostitos (U.S.), Sabra (U.S.), Ricos (U.S.), Arizona Spice Company (U.S.), Desert Pepper Trading Company (U.S.), Cornitos (India), Salsalito (India), and Britannia Foods (India)
The salsas, dips and spreads market is segmented under the following regions mentioned below
The report for Salsas, Dips & Spreads Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions.