Global Condiment Sauces Market: Growth in Distribution Channels to Open Opportunities for Market Players, Finds TMR
In order to cater to the health-conscious consumer base – a large number of companies are currently focusing on product line innovations. Also, big and established players are merging to capture the market. In 2015, HJ Heinz Co and Kraft Foods Group Inc. made the biggest deal in the history of the U.S. packaged food market. With the merger, the new Kraft Heinz Co became the dominant player – sales of US$2.8 billion with a market value of 13%. According...
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