Global Sambal Market 2018-2022
Sambal is a pepper sauce and condiment that is made from ground or mashed chilies. It also includes other secondary ingredients such as garlic paste, ginger paste, shrimps, fish sauce, vinegar, palm sugar, shallots, scallion, lime juice, sugar, and other spices.
Technavio’s analysts forecast the Global Sambal Market to grow at a CAGR of 4.76% during the period 2017-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the Global Sambal Market 2018-2022. To calculate the market size, the report covers packaged sambal products. It includes segmentation based on products and geography.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Sambal Market 2018-2022.
Technavio recognizes the following companies as the key players in the Global Sambal Market
Commenting on the report, an analyst from Technavio’s team said: “One trend that is affecting the market is rising demand for preservative and additive-free sambal products”
According to the report, one driver that is affecting the market is wide range of applications.
Further, the report states that one challenge that is affecting the market is threat of substitutes.
Fung Group (Woh Hup Food Industries)
HUY FONG FOODS
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