
Tomato Ketchup Market Size, Share & Trends Analysis Report By Product (Regular, Flavored), By Packaging (Bottled, Pouch), By Distribution Channel (Offline, Online), By Region, And Segment Forecasts, 2022 - 2028
Description
Tomato Ketchup Market Size, Share & Trends Analysis Report By Product (Regular, Flavored), By Packaging (Bottled, Pouch), By Distribution Channel (Offline, Online), By Region, And Segment Forecasts, 2022 - 2028
Tomato Ketchup Market Growth & Trends
The global tomato ketchup market size is expected to reach USD 25.4 billion by 2028, according to a new report by Grand View
Research, Inc. It is expected to expand at a CAGR of 2.8% from 2022 to 2028. The increasing processed food industry and
rising demand for fast food across the world are driving the market. Moreover, the continuous efforts on introducing flavored
products with attractive packaging increase the demand for tomato processed products in emerging economies.
Moreover, a lockdown situation has been observed during the COVID-19 pandemic, and it showed an impact on the market for
tomato ketchup due to the suspended or delayed supply of raw materials like tomato and other raw materials. However, it
significantly impacted the export and import of the market. Moreover, the increasing demand for fast food and ready-to-eat
products after the COVID-19 pandemic will create opportunities for the market players.
The flavored product segment is expected to expand at the fastest growth rate of 3.2% from 2022 to 2028. The rising demand
for flavored tomato ketchup such as hot and spicy, organic, and roasted garlic will boost the growth of the market. Moreover,
several manufacturers across the globe are introducing new products with various flavors due to the rising inclination of
consumers towards western lifestyles and changing dietary habits, thus driving the market.
The pouch packaging segment is expected to register the fastest growth rate of 3.0% from 2022 to 2028. The increasing demand
for innovative and attractive packaging for tomato processed products is propelling the growth of this segment. Moreover,
companies are adopting these pouches as they are environmentally friendly, sustainable, and fully recyclable, which, in turn,
is projected to fuel the market growth over the forecast period.
The online distribution channel segment is anticipated to register the fastest CAGR of 3.7% from 2022 to 2028. Several
manufacturers of these products are offering products on their websites and on e-commerce platforms. Moreover, the internet
penetration rate has witnessed lucrative growth in recent years, which led to the significant growth of the e-commerce sector
across the globe.
North America held the largest revenue share of over 35.0% in 2021. The increasing awareness regarding the health benefits of
consuming tomato ketchup in this region is propelling the growth of the market. In this region, consumers prefer ketchup
other than sauces and condiments, and approximately 97% of households in the U.S. consume ketchup, which has led to
significant growth in the market. Moreover, the rising consumption of fast-food products in the U.S. and Canada is
accelerating market growth.
Tomato Ketchup Market Report Highlights
Tomato Ketchup Market Growth & Trends
The global tomato ketchup market size is expected to reach USD 25.4 billion by 2028, according to a new report by Grand View
Research, Inc. It is expected to expand at a CAGR of 2.8% from 2022 to 2028. The increasing processed food industry and
rising demand for fast food across the world are driving the market. Moreover, the continuous efforts on introducing flavored
products with attractive packaging increase the demand for tomato processed products in emerging economies.
Moreover, a lockdown situation has been observed during the COVID-19 pandemic, and it showed an impact on the market for
tomato ketchup due to the suspended or delayed supply of raw materials like tomato and other raw materials. However, it
significantly impacted the export and import of the market. Moreover, the increasing demand for fast food and ready-to-eat
products after the COVID-19 pandemic will create opportunities for the market players.
The flavored product segment is expected to expand at the fastest growth rate of 3.2% from 2022 to 2028. The rising demand
for flavored tomato ketchup such as hot and spicy, organic, and roasted garlic will boost the growth of the market. Moreover,
several manufacturers across the globe are introducing new products with various flavors due to the rising inclination of
consumers towards western lifestyles and changing dietary habits, thus driving the market.
The pouch packaging segment is expected to register the fastest growth rate of 3.0% from 2022 to 2028. The increasing demand
for innovative and attractive packaging for tomato processed products is propelling the growth of this segment. Moreover,
companies are adopting these pouches as they are environmentally friendly, sustainable, and fully recyclable, which, in turn,
is projected to fuel the market growth over the forecast period.
The online distribution channel segment is anticipated to register the fastest CAGR of 3.7% from 2022 to 2028. Several
manufacturers of these products are offering products on their websites and on e-commerce platforms. Moreover, the internet
penetration rate has witnessed lucrative growth in recent years, which led to the significant growth of the e-commerce sector
across the globe.
North America held the largest revenue share of over 35.0% in 2021. The increasing awareness regarding the health benefits of
consuming tomato ketchup in this region is propelling the growth of the market. In this region, consumers prefer ketchup
other than sauces and condiments, and approximately 97% of households in the U.S. consume ketchup, which has led to
significant growth in the market. Moreover, the rising consumption of fast-food products in the U.S. and Canada is
accelerating market growth.
Tomato Ketchup Market Report Highlights
- Europe held the second-largest revenue share in 2021. This can be attributed to the growing manufacturing and
- The flavored product segment is expected to register the fastest CAGR of 3.2% from 2022 to 2028 due to the growing
- Offline distribution channel held the largest revenue share of more than 80.0% in 2021 due to easy access and
- Asia Pacific is expected to register the fastest growth rate of 3.2% from 2022 to 2028 due to the increasing
Table of Contents
80 Pages
- Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR’s Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
- Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Product Outlook
- 2.3. Packaging Outlook
- 2.4. Distribution Channel Outlook
- 2.5. Regional Outlook
- Chapter 3. Tomato Ketchup Market Variables, Trends & Scope
- 3.1. Market Introduction
- 3.2. Penetration & Growth Prospect Mapping
- 3.3. Industry Value Chain Analysis
- 3.3.1. Sales/Retail Channel Analysis
- 3.3.2. Profit Margin Analysis
- 3.4. Market Dynamics
- 3.4.1. Market Driver Analysis
- 3.4.2. Market Restraint Analysis
- 3.4.3. Industry Challenges
- 3.4.4. Industry Opportunities
- 3.5. Business Environment Analysis
- 3.5.1. Industry Analysis - Porter’s
- 3.5.1.1. Supplier Power
- 3.5.1.2. Buyer Power
- 3.5.1.3. Substitution Threat
- 3.5.1.4. Threat from New Entrant
- 3.5.1.5. Competitive Rivalry
- 3.6. Roadmap of Tomato Ketchup Market
- 3.7. Market Entry Strategies
- 3.8. Impact of COVID-19
- Chapter 4. Consumer Behavior Analysis
- 4.1. Consumer Trends and Preferences
- 4.2. Factors Affecting Buying Decision
- 4.3. Consumer Product Adoption
- 4.4. Observations & Recommendations
- Chapter 5. Tomato Ketchup Market: Product Estimates & Trend Analysis
- 5.1. Product Movement Analysis & Market Share, 2021 & 2028
- 5.2. Regular
- 5.2.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
- 5.3. Flavored
- 5.3.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
- Chapter 6. Tomato Ketchup Market: Packaging Estimates & Trend Analysis
- 6.1. Packaging Movement Analysis & Market Share, 2021 & 2028
- 6.2. Bottled
- 6.2.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
- 6.3. Pouch
- 6.3.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
- Chapter 7. Tomato Ketchup Market: Distribution Channel Estimates & Trend Analysis
- 7.1. Distribution Channel Movement Analysis & Market Share, 2021 & 2028
- 7.2. Offline
- 7.2.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
- 7.3. Online
- 7.3.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
- Chapter 8. Tomato Ketchup Market: Regional Estimates & Trend Analysis
- 8.1. Regional Movement Analysis & Market Share, 2021 & 2028
- 8.2. North America
- 8.2.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
- 8.2.2. Market Estimates and Forecast, By Product, 2017 - 2028 (USD Million)
- 8.2.3. Market Estimates and Forecast, By Packaging, 2017 - 2028 (USD Million)
- 8.2.4. Market Estimates and Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
- 8.2.5. U.S.
- 8.2.5.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
- 8.2.5.2. Market Estimates and Forecast, By Product, 2017 - 2028 (USD Million)
- 8.2.5.3. Market Estimates and Forecast, By Packaging, 2017 - 2028 (USD Million)
- 8.2.5.4. Market Estimates and Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
- 8.3. Europe
- 8.3.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
- 8.3.2. Market Estimates and Forecast, By Product, 2017 - 2028 (USD Million)
- 8.3.3. Market Estimates and Forecast, By Packaging, 2017 - 2028 (USD Million)
- 8.3.4. Market Estimates and Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
- 8.3.5. Germany
- 8.3.5.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
- 8.3.5.2. Market Estimates and Forecast, By Product, 2017 - 2028 (USD Million)
- 8.3.5.3. Market Estimates and Forecast, By Packaging, 2017 - 2028 (USD Million)
- 8.3.5.4. Market Estimates and Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
- 8.3.6. U.K.
- 8.3.6.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
- 8.3.6.2. Market Estimates and Forecast, By Product, 2017 - 2028 (USD Million)
- 8.3.6.3. Market Estimates and Forecast, By Packaging, 2017 - 2028 (USD Million)
- 8.3.6.4. Market Estimates and Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
- 8.3.7. France
- 8.3.7.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
- 8.3.7.2. Market Estimates and Forecast, By Product, 2017 - 2028 (USD Million)
- 8.3.7.3. Market Estimates and Forecast, By Packaging, 2017 - 2028 (USD Million)
- 8.3.7.4. Market Estimates and Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
- 8.4. Asia Pacific
- 8.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
- 8.4.2. Market Estimates and Forecast, By Product, 2017 - 2028 (USD Million)
- 8.4.3. Market Estimates and Forecast, By Packaging, 2017 - 2028 (USD Million)
- 8.4.4. Market Estimates and Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
- 8.4.5. China
- 8.4.5.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
- 8.4.5.2. Market Estimates and Forecast, By Product, 2017 - 2028 (USD Million)
- 8.4.5.3. Market Estimates and Forecast, By Packaging, 2017 - 2028 (USD Million)
- 8.4.5.4. Market Estimates and Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
- 8.4.6. India
- 8.4.6.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
- 8.4.6.2. Market Estimates and Forecast, By Product, 2017 - 2028 (USD Million)
- 8.4.6.3. Market Estimates and Forecast, By Packaging, 2017 - 2028 (USD Million)
- 8.4.6.4. Market Estimates and Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
- 8.4.7. Japan
- 8.4.7.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
- 8.4.7.2. Market Estimates and Forecast, By Product, 2017 - 2028 (USD Million)
- 8.4.7.3. Market Estimates and Forecast, By Packaging, 2017 - 2028 (USD Million)
- 8.4.7.4. Market Estimates and Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
- 8.5. Central & South America
- 8.5.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
- 8.5.2. Market Estimates and Forecast, By Product, 2017 - 2028 (USD Million)
- 8.5.3. Market Estimates and Forecast, By Packaging, 2017 - 2028 (USD Million)
- 8.5.4. Market Estimates and Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
- 8.5.5. Brazil
- 8.5.5.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
- 8.5.5.2. Market Estimates and Forecast, By Product, 2017 - 2028 (USD Million)
- 8.5.5.3. Market Estimates and Forecast, By Packaging, 2017 - 2028 (USD Million)
- 8.5.5.4. Market Estimates and Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
- 8.6. Middle East & Africa
- 8.6.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
- 8.6.2. Market Estimates and Forecast, By Product, 2017 - 2028 (USD Million)
- 8.6.3. Market Estimates and Forecast, By Packaging, 2017 - 2028 (USD Million)
- 8.6.4. Market Estimates and Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
- 8.6.5. South Africa
- 8.6.5.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
- 8.6.5.2. Market Estimates and Forecast, By Product, 2017 - 2028 (USD Million)
- 8.6.5.3. Market Estimates and Forecast, By Packaging, 2017 - 2028 (USD Million)
- 8.6.5.4. Market Estimates and Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
- Chapter 9. Competitive Analysis
- 9.1. Key Global Players, Recent Developments & their impact on the industry
- 9.2. Key Company/Competition Categorization (Key Innovators, Market Leaders, Emerging Players)
- 9.3. Vendor Landscape
- 9.3.1. Key Company Market Share Analysis, 2021
- Chapter 10. Company Profiles
- 10.1. Nestle S.A.
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Strategic Initiatives
- 10.2. The Kraft Heinz Company
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Strategic Initiatives
- 10.3. Unilever
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Strategic Initiatives
- 10.4. Bolton Group
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Strategic Initiatives
- 10.5. Del Monte Foods, Inc.
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Strategic Initiatives
- 10.6. Conagra Brands, Inc.
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Strategic Initiatives
- 10.7. General Mills Inc.
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Strategic Initiatives
- 10.8. Campbell Soup Company
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Strategic Initiatives
- 10.9. Premier Foods Plc
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Strategic Initiatives
- 10.10. Kagome
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.11. Lee Kum Kee
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Strategic Initiatives
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