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Pre-Made Salsa Production - Industry Market Research Report

  • August 2016
  • 34 pages
  • Ibisworld
Report ID: 1084780

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Double dip: Salsa demand will rise with an expanding market and greater consumer spending



Abstract

Pre-Made Salsa Production

The Pre-Made Salsa Production industry produces refrigerated or shelf-stable salsas purchased by wholesalers, grocery stores and other food service outlets and then sold to consumers. Over the past five years, the industry has experienced increasing revenue as per capita disposable income and consumer demand for Hispanic cuisine has risen. 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. Exports of pre-made salsa from domestic manufacturers are also on the rise, suggesting the United States is now a hub for the global production and distribution of salsa. Looking forward, industry prospects are optimistic. Rising discretionary income enables consumers to purchase a greater volume of snacks and trade up to branded and premium products at retail stores.

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 like 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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