Europe Pasta Sauce Market Size & Outlook, 2019-2027
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Europe pasta sauce market highlights
- The Europe pasta sauce market generated a revenue of USD 4,061.1 million in 2019.
- The market is expected to grow at a CAGR of 2.2% from 2020 to 2027.
- In terms of segment, tomato based & marinara was the largest revenue generating product in 2019.
- Alfredo & Four Cheese is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, UK is expected to register the highest CAGR from 2020 to 2027.
Europe data book summary
| Market revenue in 2019 | USD 4,061.1 million |
| Market revenue in 2027 | USD 4,818.4 million |
| Growth rate | 2.2% (CAGR from 2019 to 2027) |
| Largest segment | Tomato based & marinara |
| Fastest growing segment | Alfredo & Four Cheese |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Tomato Based & Marinara, Ragu & Bolognese, Pesto, Alfredo & Four Cheese |
| Key market players worldwide | Conagra Brands Inc, Mizkan America |
Other key industry trends
- In terms of revenue, Europe region accounted for 30.2% of the global pasta sauce market in 2019.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2027.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,903.0 million by 2027.
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Pasta Sauce Market Scope
Pasta Sauce Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Mizkan America | View profile | 501-1000 | America, Alabama, United States, North America | http://mizkan.com |
| Conagra Brands Inc | View profile | 18600 | 222 W. Merchandise Mart Plaza, Suite 1300, Chicago, IL, United States, 60654 | https://www.conagrabrands.com |
Europe pasta sauce market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to pasta sauce market will help companies and investors design strategic landscapes.
Tomato based & marinara was the largest segment with a revenue share of 26.27% in 2019. Horizon Databook has segmented the Europe pasta sauce market based on tomato based & marinara, ragu & bolognese, pesto, alfredo & four cheese covering the revenue growth of each sub-segment from 2016 to 2027.
High consumption of pasta in countries such as Italy, Germany, France, the U.K., Spain, and the Netherlands is driving the market for pasta sauce. The long shelf life, high nutritional value, and versatility that suites different culture and food habits have led to the increased demand for pasta and pasta sauce.
The tomato-based & marinara segment accounted for the largest market share of 26.3% in 2019 in the Europe pasta sauce market and is projected to remain dominant throughout the forecast period, owing to the higher product availability in the market as compared to other sauces.
Manufacturers are focused on launching products in this category. For instance, in April 2020, Alfredo Alla Scrofa, a restaurant based in Italy, launched its own bottled version of alfredo pasta sauce made from butter, rice flour, and Parmigiano Reggiano cheese.
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Our clientele includes a mix of pasta sauce market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe pasta sauce market , including forecasts for subscribers. This continent databook contains high-level insights into Europe pasta sauce market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Europe pasta sauce market size, by country, 2016-2027 (US$M)
Europe Pasta Sauce Market Outlook Share, 2019 & 2027 (US$M)
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