Hot Sauce Market Forecast, 2022-2027

Hot Sauce Market size is estimated to reach $3.9 billion by 2027, growing at a CAGR of 5.8% during the forecast period 2022-2027. Hot sauce is nothing more than a condiment prepared from hot chilies that has a variety of culinary applications and is used in diverse cuisines to confer a spicy and bold flavor. Vegetables, capsaicin extracts, chili pepper, vinegar, citrus juice, seasonings, and salt are the featuring ingredients of hot sauce. Many times, mustard oil is also taken into account to highlight the flavor or add additional heat. It is mainly categorized into very hot, medium hot, and mild hot; whereas, Aji, Cascabel, Cayenne, and Anaheim are the most persistently used peppers to formulate the same. The presence of chemical compounds like capsaicin in the hot sauce adds nutritional benefits as it is a sound source of carotenoids and nutrients like lutein, carotene, zinc, and vitamin C. Besides, the presence of antioxidants makes hot sauce extremely useful in treating acidity, high blood pressure, and premature aging complications. Moreover, proliferating usage in food preparation, enlarging fast and RTE food consumption among urban dwellers, culture exchanges, broadening disposable incomes, and augmenting predilection for spicy food among younger people are factors set to drive the growth of the Hot Sauce Market for the period 2022-2027.

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Report Coverage

The report: “Hot Sauce Market Forecast (2022-2027)”, by Industry ARC, covers an in-depth analysis of the following segments of the Hot Sauce Market.

By Type: Extremely hot, Medium hot, and Minor hot.


By Packaging: Glass Jars, Bottles (Glass and Plastic), Sachets, and Others.


By Distribution Channel: Offline (Supermarket/Hypermarkets, Convenience stores, brick-and-mortar) and online.


By End User: Foodservice Providers and Households.


By Geography: North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia & New Zealand, and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America) and Rest of World (the Middle East and Africa).

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Key Takeaways

  • Geographically, the North America Hot Sauce Market accounted for the highest revenue share in 2021. The growth is owing to diverse cultures, heavy consumption of RTE food, high disposable incomes, and the presence of prominent players in the said market. Furthermore, Asia-Pacific is poised to dominate the market over the period 2022-2027.
  • Enlarging longings for peppery food, spiraling foodservice industry, strengthening the retail network, and growing living standards of people in developing countries are said to be preeminent drivers driving the growth of the Hot Sauce Market. Whereas, strangled demand and supply and health hitches accompanied by excess consumption are said to reduce the market growth.
  • Detailed analysis of the Strength, Weaknesses, and Opportunities of the prominent players operating in the market will be provided in the Hot Sauce Market report.

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Rising GDP per capita is expected to boost market demand

Besides countries like Luxembourg, Liechtenstein, and Ireland that have per capita over $110,000, the GDP per capita of several European Union countries has reached over $65,000 which is way higher compared to other parts of the world. As a result, people residing in these countries enjoy quality lifestyles. However, the world is witnessing a drastic shift in wealth from west to east. Asia has emerged as a new wealth center as exports from developing countries like China and India are sky-rocketing. According to a report published by Global Times, despite the pandemic, Chia’s GDP per capita income in 2021 reached $12,551. Later that year, China declared itself free from extreme poverty. Consequently, with growing affluence, it is becoming easy for people to make purchases easily.

Hot Sauce Market Challenges

Health issues connected with overconsumption coupled with demand and supply mismatch owing to the pandemic are anticipated to hamper the market growth

The downside of consuming too much hot sauce is that it can set complications like loose motions, vomiting, and severe digestion issues in motion. Similarly, spicy foods increase the threat of developing piles problems over time which can challenge the growth of the hot sauce market. In a survey by Kalsec, in the U.S., among consumers aged 18 and older, 80% of consumers enjoy hot and spicy foods. Over half of those surveyed eat spicy foods at least once a week. In addition, the frequency of consumption and heat levels of hot and spicy foods continues to rise causing many health issues. In addition to that, there is a gigantic disparity between demand and supply as the world is seeing a new virus variant every 2 or 3 months.

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Hot Sauce Industry Outlook:

Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the aforementioned Market. The Hot Sauce market top 10 companies include-

1. Garner Foods
2. Kraft Heinz
3. McIlhenny Company
4. McCormick
5. B&G Foods
6. Schwarts
7. Baumer Foods
8. Conagra Brands
9. Unilever PLC
10. Campbell Soup Company

Recent Developments

  • On December 30, 2020, Maryland, United States-based McCormick & Company (a firm well-known for its condiments, spices, and seasoning mixes) declared that it has successfully acquired a full ownership interest in US-based FONA International (a company that manufactures flavors). A payment of $710 (cash) was made by McCormick to bring the acquisition to a close.
  • On December 1, 2020, New Jersey, United States-based branded food company “B&G Foods” announced that it has successfully acquired oil brand Ionic Crisco from Ohio, United States-based food manufacturing company “The J.M. Smucker Company.” The total value of the transaction stands around $550 million (all in cash). Besides an oil brand, B&G has added a manufacturing facility to its Assets.
  • On August 2, 2019, New Jersey, United States-based Campbell soup Company (a firm that deals in snack and food processing business) announced that it has successfully reached an agreement with US-based investment firm “KKR.” According to the agreement Campbell agreed to sell some of its operations to KKR. Moreover, Campbell will receive an astounding payment of $2.2 billion on completion of the deal.

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Location: United States

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