Asia Pacific condiments sauces market is set to expand and become organized during 2014-20

Asia Pacific condiments sauces market is set to expand and become organized during 2014-20

  • Submitted By: amyjames
  • Date Submitted: 02/03/2016 9:46 PM
  • Category: Business
  • Words: 1024
  • Page: 5

Transparency Market
Research

Condiments Sauces Market - Asia Pacific Industry Analysis,
Size, Share, Growth, Trends and Forecast 2014 - 2020

Published Date
07-10-2014

117 Page Report

Buy Now

Request Sample

Press Release

Asia Pacific Condiments Sauces Market to Reach US$8.6 bn by
2020 owing to Changing Eating Patterns of Consumers

Transparency Market Research
State Tower,
90, State Street, Suite 700.
Albany, NY 12207
United States
www.transparencymarketresearch.com
sales@transparencymarketresearch.com

Condiments Sauces Market

REPORT DESCRIPTION

Transparency Market Research has published a new report on the Asia Pacific condiments sauces market.
As per the report, the Asia Pacific condiments sauces market stood at US$6.1 bn in 2014. The report, titled
‘Condiments Sauces Market - Asia Pacific Industry Analysis, Size, Share, Growth, Trends and Forecast 2014
- 2020’, states that the Asia Pacific condiments sauces market is predicted to reach US$8.6 bn by 2020,
progressing at a 5.85% CAGR during the period from 2014 to 2020.
Condiments sauces are added to various food dishes to add extra flavor and enhance the taste. A wide
variety of condiments sauces is used as table dips or in cooking. Due to rapid changes in food consumption
patterns, the trends in sauce consumption are predicted to experience a rapid change in the years to
come. The introduction of a wide variety of sauces by leading companies is expected to contribute to the
growth of the Asia Pacific condiments sauces market during the period between 2014 and 2020.
The Asia Pacific condiment sauces market is primarily driven by the rising consumption of sauces in
countries such as Australia, Hong Kong, India, China, New Zealand, the Philippines, Thailand, South Korea,
and Malaysia. In 2014, China led the Asia Pacific condiments sauces market.
Based on type, the Asia Pacific condiments sauces market is classified into tomato ketchup, mustard
sauce,...

Similar Essays