- Surging Applications of Sauces:
As per USDA, researchers discovered that amidst foods prepared at home, raw tomatoes were responsible for 22 percent of tomato intake, while 24 percent was contributed by tomato sauces for spaghetti and similar pasta. With international cuisines gaining recognition in North America, innovative cooking sauces are in great demand. Cooking sauces provide novel flavors and convenience to consumers. Tomato pastes, tomato purees and tomato sauces find extensive application in North America. Tomato purees may be applied as a base for other recipes like soup or salsa. The surging applications of sauces are therefore driving the growth of the North America Sauces, Dressing & Condiments Market.
- Soaring Utilization of Condiments:
Typical North American condiments include yellow mustard, creole mustard, Hawaiian red salt and more. Yellow mustard is used with sandwiches and hot dogs. It is also frequently utilized in marinades, barbecue sauces and salad dressings. Creole mustard goes well with po-boy sandwiches. Hawaiian red salt is utilized in regional dishes like poke. Typically consumed, pickled products include pickled cucumbers and peppers. Pickled products like pickles are liked by nearly all people. 41% of Americans indicate that their preferred way of consuming pickles is on a sandwich or burger. The soaring utilization of North American condiments is therefore propelling the growth of the Sauces, Dressing & Condiments Industry, thereby contributing to the North America Sauces, Dressing & Condiments Industry Outlook.
In June 2021, Kraft Heinz secured an agreement to gain Turkish sauce firm, Assan Foods from Kibar Holding in a deal worth nearly $100m. The acquisition is in agreement with the international growth strategy of Kraft Heinz.
North America Sauces, Dressing & Condiments Market: Competitive Landscape