Market Research Future (Food and Beverages) Salsas, Dips & Spreads Market Research Report | Page 3

Global Salsas, Dips and Spreads Market Research Report - Forecast to 2022
2 Market Overview
Salsa is generally a tomato-based sauce or dip which includes various ingredients such as onions, chilies, beans,
corn, and various spices. It is the Italian and Spanish term for sauce, and also referred to the sauces typical of
Mexican cuisine known as salsa picante, particularly those used as dips in English speaking countries. High
application of salsa, dips & spreads for barbeque purpose and as marinades is one of the major reasons driving the
sales of Salsa, Dips & Spreads across the regions. The sector is driven in a major way by the demand directed from
the convenience food sector. High application of the product as a flavor enhances is one of the major drivers to the
development of this segment. Growth of the convenience food market has also provided an impetus for the increased
demand of this sector.
Urbanization leading to consumers demand for cross-regional cuisines is supporting the growth of this market on a
global level. Changing product preferences, shifting demographics especially in developing countries coupled with
evolving consumer attitudes and strong performance of foodservice industry and retail industry; the demand for
Salsa, Dips & Spreads is growing. Rising demand for salsa, dips & spreads from the bakery and confectionery
industry has also enhanced the market growth trajectory of the sector. Fast pace of lifestyle, increasing awareness
about the variety of products available through product advertisements has significantly given a boost to the Salsas,
Dips & Spreads market.
Regional Analysis:
Salsa, Dips & Spreads Market is segmented into Europe, North America, APAC, and Rest of the World (RoW).
Global Salsa, Dips & Spreads market is highly dominated by North America followed by Asia Pacific and Europe.
Due to rising demand for flavored food and dips & spreads for food accompaniments, APAC is fastest growing region.
The shift in consumers’ food consumption trend and improved disposable income in the region augment the market
growth in Asia-Pacific region. The consumption of Salsa, Dips & Spreads in developing counties is expected to grow
in upcoming years based on rising inclination of consumers towards uniquely flavored food products.
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