DUBLIN, May 23, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Ketchup Market 2016-2020" report to their offering.
This comprehensive report forecasts the global ketchup market to grow at a CAGR of 4.39% during the period 2016-2020.
Commenting on the report, an analyst from the research team said: A current trend boosting market growth is the growing popularity of QSRs. The global quick-service restaurant (QSR) market is expected to grow rapidly at a CAGR of 5.54% during 2015-2019. The major reason for such rapid growth is the increase in demand for drive-through products due to hectic lifestyles. Moreover, American culture is highly popular in many Asian and Middle Eastern countries like China, India, the UAE, and Lebanon, where QSRs are popular; fast food giants were able to grasp this insight and are continuously expanding their businesses internationally. As ketchup is a major accompaniment to many snack foods and side dishes, which are the most common offerings in QSRs, it is aiding in the growth of the ketchup market globally.
According to the report, a key driver for market growth is the health benefits associated with ketchup. Ketchup is the most common condiment used on foods such as French fries. Although consumers consider ketchup to be a flavor enhancer, it has a few notable health benefits, as it is made of tomatoes, which is resulting in the increased consumption of the product. Ketchup is also believed by some to reduce the risk of prostate cancer in men, as tomatoes are high in lycopene, which is a powerful antioxidant with anticancer properties. It is also perceived among some consumers that ketchup is good for the eyes and teeth, as tomatoes are rich in vitamin A. Ketchup also aids in reducing bad cholesterol, as tomatoes are rich in nutrients.
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
- ConAgra Foods
- Del Monte Foods
- Kraft Heinz
- Annie's Homegrown
- Bolton Group
- Campbell Soup Company
- General Mills
- Kensington and Sons
- Nestle India
- Red Duck Foods
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Ketchup production process
PART 07: Market segmentation by distribution channel
PART 08: Geographical segmentation
PART 09: Key leading countries
PART 10: Market drivers
PART 11: Impact of drivers
PART 12: Market challenges
PART 13: Impact of drivers and challenges
PART 14: Market trends
PART 15: Vendor landscape
PART 16: Appendix
PART 17: About the Author
For more information visit http://www.researchandmarkets.com/research/342qgl/global_ketchup
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SOURCE Research and Markets