The latest report by IMARC Group, titled “Tomato Ketchup Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“. The global tomato ketchup market size reached US$ 18.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 23.2 Billion by 2028, exhibiting a growth rate (CAGR) of 3.2% during 2023-2028.

Tomato ketchup is a popular condiment that plays a significant role in the culinary world. It is a thick and savory sauce primarily made from tomatoes, along with a blend of vinegar, sugar, salt, and various spices. This iconic red sauce is known for its versatility, making it a staple in households and the food industry worldwide. It is an integral part of many dishes, such as burgers, hot dogs, fries, and countless other fast-food items. Its sweet and tangy flavor profile adds depth and enhances the taste of various dishes.

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/prefeasibility-report-on-a-tomato-ketchup-manufacturing-plant/requestsample

Tomato Ketchup Market Trends and Drivers:

As consumers increasingly adopt fast-food and convenience-oriented diets, the demand for condiments like tomato ketchup rises. Its versatility and ability to enhance the flavor of various dishes make it a preferred choice. Additionally, tomato ketchup is a ubiquitous condiment that transcends borders. The globalization of cuisine and the popularity of dishes like burgers and fries have significantly contributed to its global demand. Other than this, growing health consciousness among consumers has led to the development of low-sugar, low-sodium, and organic variants of tomato ketchup. This diversification caters to health-conscious individuals and expands the market. Besides this, manufacturers continuously innovate, introducing new flavors, packaging, and product sizes to meet consumer preferences. Specialty and gourmet ketchup varieties also find a niche market. In line with this, economic stability and disposable income levels in various regions impact consumer spending on condiments, including tomato ketchup.

Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Type:

• Flavored
• Regular
• Others

Breakup by Packaging:

• Pouch
• Bottle
• Others

Breakup by Distribution Channel:

• Supermarkets and Hypermarkets
• Convenience Stores
• Online Stores
• Others

Breakup by Application:

• Household
• Commercial
• Others

Breakup by Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa

Competitive Landscape:

The report has also analyzed the competitive landscape of the market, with some of the key players being

• Bolton Group S.r.l.
• Campbell Soup Company
• Conagra Brands Inc
• Del Monte Food Inc.
• General Mills Inc.
• Lee Kum Kee Company Limited
• Nestlé S.A.
• Premier Foods plc
• Sky Valley & Organicville (Litehouse Inc.)
• Tate & Lyle plc
• The Kraft Heinz Company and Unilever Plc.

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US

IMARC Group

Email: sales@imarcgroup.com

USA: +1-631-791-1145 | Asia: +91-120-433-0800

Address: 134 N 4th St. Brooklyn, NY 11249, USA

Follow us on Twitter: @imarcglobal