Albany, NY -- (SBWIRE) -- 01/14/2015 -- Transparency Market Research has published a new market report titled "Condiment Sauces Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2014 - 2020." According to the report, the global condiment sauces market is valued at USD 19,357.4 million in 2014 and is estimated to reach USD 23,395.7 million in 2020, expanding at a CAGR of 3.2% from 2014 to 2020. Among different countries, the U.S. and Japan are expected to have a decent growth over the forecast period. One of the major factors driving the growth of condiment sauces market is the spurt in the numbers of restaurants and fast food chains.

The current market trend shows that manufacturers of condiment sauces are focusing more on launching new type of condiment sauces including chutney for the Indian customers in the existing product line including sauces with low calorie and low salt to attract health conscious consumers.

Browse the full Condiment Sauces Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2014 - 2020 report at http://www.transparencymarketresearch.com/condiments-sauces-market.html

Geographically (by country), China, Japan, India and the U.S. are likely to experience strong growth over the forecast period. Asia Pacific region holds the largest market for condiment sauces market in 2014 and is estimated to stay as the leader over the forecast period.

Major players like Tyson Foods, PepsiCo. Saputo Inc, Maple Leaf Inc, Nestle and Unilever are expected to capture the attention of consumers due to their cost effective as well as quality products. Major distribution channels of condiment sauces are Supermarkets, Hypermarkets and Convenience Stores.

Among the emerging countries in global condiment sauces market, Mexico is the major player in terms of value and volume, followed by countries like India and Egypt. Among the developed countries, the U.S. holds the largest market size in terms of value/revenue followed by Japan and China. In terms of volume China is the market leader followed by the U.S.

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The Condiment Sauces market has been segmented as follows:

Global Condiment Sauces Market by Region

Geographies and countries covered under this research study are:
North America
Condiment Sauces Market: By Type
Company Share, 2012 & 2014
Distribution Channel
Europe
Condiment Sauces Market: By Type
Company Share, 2012 & 2014
Distribution Channel
Asia Pacific
Condiment Sauces Market: By Type
Company Share, 2012 & 2014
Distribution Channel
RoW
Condiment Sauces Market: By Type
Company Share, 2012 & 2014
Distribution Channel

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