Pre-Made Salsa Production in the US - Industry Market Research Report

Pre-Made Salsa Production in the US - Industry Market Research Report

  • April 2021 •
  • 37 pages •
  • Report ID: 5103599 •
  • Format: PDF
On fire: Rising discretionary income will likely enable consumers to purchase more industry products

Abstract

Pre-Made Salsa Production
Over the past five years to 2018, the Pre-Made Salsa Production industry has experienced increasing revenue as per capita disposable income and consumer demand for Hispanic cuisine has risen. Rising incomes enabled many consumers to choose quality dipping sauces made with vegetables to complement their snacks and meals. To the benefit of the industry, the nation’s Hispanic population is rising and Americans of all ethnicities are expanding their tastes to include cuisines from all over the world. Looking forward, industry prospects are optimistic and industry revenue growth is anticipated to accelerate. Increasing demand for specialty products abroad will also boost industry exports, further supporting revenue growth over the next five years to 2023.

The industry produces pre-made tomato-based Mexican-style dips that are purchased by grocery wholesalers and supermarkets and then sold to consumers and food service outlets. This salsa may be refrigerated or shelf-stable. The industry excludes dairy-based and other dips such as hummus and guacamole. The industry also does not include dry mix salsa flavoring or Italian-style sauces.

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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