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Chili Sauce Market Trends

Report ID: GMI7185
Published Date: Oct 2023
Report Format: PDF

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Chili Sauce Market Trends

Health-conscious consumers are increasingly looking for chili sauce options that are low in sodium, sugar, and preservatives. Manufacturers are responding by introducing healthier formulations and labeling their products as such, often highlighting natural ingredients and no additives. In addition, the trend towards supporting local and small-batch producers has led to a surge in artisanal and craft chili sauce brands. These products often emphasize high-quality, handcrafted ingredients, unique flavor profiles, and limited production runs, catering to consumers seeking unique and authentic experiences.

Authors: Kiran Pulidindi, Manish Mohanan

Frequently Asked Questions (FAQ) :

The market size of chili sauce was reached USD 2.75 billion in 2023 and is projected to expand at over 6.5% CAGR from 2024 to 2032, driven by the rising consumer demand for diverse and spicy flavors along with the growing popularity of ethnic and global cuisines.

Mild chili sauce market generated USD 1.6 billion revenue in 2022 and is estimated to witness high demand up to 2032, attributed to its rising consumption among consumers who do not prefer the intense heat of traditional hot sauces.

Asia Pacific market for chili sauce was worth USD 0.91 billion in revenue in 2022 and is anticipated to expand at a robust growth rate through 2032, owing to the long-standing tradition of consuming spicy foods in the region.

Some of the chili sauce providers are Lee Kum Kee, McCormick, McIlhenny, Kikkoman, Huy Fong Foods, Laoganma, Del Monte, Remia International, Chung Jung One, Cholula Hot Sauce, Delmaine Fine Foods, and Kraft Heinz.