Hot Sauce Production
The Hot Sauce Production industry produces spicy sauces made from chili peppers and other ingredients which are then sold to retailers, wholesalers and other food manufacturers. Following exponential gains in the early 2000s, the industry has settled into more moderate growth in the five years to 2017. The outlook for domestic hot sauce producers remains largely positive, particularly as demand for US-made condiments continues to rise in export markets. Whereas the previous five years were characterized by increasing market acceptance and usage of hot sauces, the next five years will be characterized by growth in per capita consumption and increasing competition from foreign manufacturers and new industry entrants. Although the market has become more saturated since 2012, industry revenue is expected to continue growing as more mainstream consumers switch over to hot sauce as their condiment of choice.
This industry manufactures spicy sauce made from chili peppers and other ingredients. These products are then packaged and sold directly to consumers or distributed to grocery wholesalers, supermarkets, specialty food stores and food-service contractors. This industry excludes producers of pre-made salsa and paste-style products such as hot curry or chili pastes.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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