Sauces, Dressings and Condiments Market To Reach USD 237.54 Billion By 2030
Sauces, Dressings & Condiments Market Growth & Trends The global sauces, dressings, and condiments market size is expected to reach USD 237.54 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.3% from 2024 to 2030. Rising popularity of international cuisines among the youth adult customers is expected to remain a key factor boosting industry growth over the forecast period. Moreover, increasing demand for healthy and nutritious on-the-go food products has propelled the demand for a wide variety of sauces, condiments, and dressings. Dips is expected to be the fastest growing product segment, expanding at a CAGR of 5.3% from 2019 to 2025. Changing diet pattern of the youth population owing to fast moving lifestyle has fueled the demand for dips and table sauces. Moreover, over the past few years, growing popularity of Asian cuisines in U.S. and European countries is propelling the demand for the condiments and ...