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The global hot sauce market was valued at US$ 4.7 Billion in 2021.
We expect the global hot sauce market to exhibit a CAGR of 5.4% during 2022-2027.
The growing adoption of intercontinental culinary trends, particularly for Pan Asian and Latin
American cuisines, along with the rising awareness towards several health benefits of hot sauce, is
primarily driving the global hot sauce market.
The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from
conventional brick-and-mortar distribution channels towards online retail platforms for the purchase
of hot sauce.
Based on the product type, the global hot sauce market can be bifurcated into mild hot sauce,
medium hot sauce, and very hot sauce. Among these, mild hot sauce currently accounts for the
largest market share.
Based on the application, the global hot sauce market has been divided into cooking sauce and table
sauce. Currently, cooking sauce exhibits a clear dominance in the market.
Based on the end use, the global hot sauce market can be categorized into commercial and
household, where the commercial sector currently holds the majority of the total market share.
Based on the packaging, the global hot sauce market has been segregated into jars, bottles, and
others. Among these, jars account for the largest market share.
Based on the distribution channel, the global hot sauce market can be segmented into supermarkets
and hypermarkets, traditional grocery retailers, online stores, and others. Currently, supermarkets
and hypermarkets exhibit a clear dominance in the market.
On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin
America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global hot sauce market include McIlhenny Company, McCormick
and Co., Huy Fong Food, Baumer Foods, Garner Foods, B&G Foods, Kraft Heinz, Salsa Tamazula,
Bruce Foods, Schwartz, etc.
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