Japan Pasta Sauce Market Size & Outlook, 2019-2027
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Japan pasta sauce market highlights
- The Japan pasta sauce market generated a revenue of USD 487.1 million in 2019 and is expected to reach USD 720.1 million by 2027.
- The Japan market is expected to grow at a CAGR of 5% 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.
Pasta sauce market data book summary
| Market revenue in 2019 | USD 487.1 million |
| Market revenue in 2027 | USD 720.1 million |
| Growth rate | 5% (CAGR from 2019 to 2027) |
| Largest segment | Tomato based & marinara |
| Fastest growing segment | Alfredo & Four Cheese |
| Historical data | 2016 - 2018 |
| Base year | 2019 |
| Forecast period | 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, Japan accounted for 3.6% of the global pasta sauce market in 2019.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
- In Asia Pacific, China pasta sauce market is projected to lead the regional market in terms of revenue in 2027.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 720.1 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 |
Japan 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 26.18% in 2019. Horizon Databook has segmented the Japan 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.
The consumption of pasta is increasing in the country owing to the changing consumer preference and the rising trend for convenience food products that need less time to cook. These factors are anticipated to drive the demand for pasta sauce in the country.
Furthermore, the Economic Partnership Agreement (EPA) signed between Japan and the European Union in February 2019 is expected to boost this market’s growth.
In Japan, tomato-based & marinara accounted for the largest share of 26.2% in the pasta sauce market in 2019. Alfredo & Four Cheese pasta sauce is projected to witness the fastest growth, owing to the rising consumer demand for white sauce pasta.
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Our clientele includes a mix of pasta sauce market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan pasta sauce market , including forecasts for subscribers. This country databook contains high-level insights into Japan pasta sauce market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Japan pasta sauce market size, by base, 2016-2027 (US$M)
Japan Pasta Sauce Market Outlook Share, 2019 & 2027 (US$M)
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