Latest News- Pesto Sauces Market: Retail is expected to lead the End-user segment during 2025-2029

The Pesto Sauces Market is being driven by New product launch

The Pesto Sauces Market is expected to grow at a CAGR of 4.9% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 1117.4 million. The global pesto sauces market is experiencing significant growth due to the expanding retail landscape, particularly in emerging economies. Traditional distribution channels, including supermarkets and hypermarkets, remain dominant, accounting for a substantial market share. However, the increasing popularity of e-commerce as a sales medium is poised to drive market expansion. Consumers' growing preference for online shopping is leading to an uptick in sales through platforms like Amazon and others. Overall, the retail sector's evolution and consumers' shifting purchasing behaviors are key trends influencing the pesto sauces market's growth trajectory. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• End-user
  • Retail
  • Food service
• Packaging
  • Glass bottles
  • PET
  • Cans
  • Pouches
  • Cartons
• Geography
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • North America
    • Canada
    • US
  • South America
    • Brazil
    • Argentina
  • APAC
    • China
    • Japan
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• New product launch
• Need for convenience in cooking
• Increasing popularity of Italian cuisine

However, the market also witnesses some limitations, which are as follows:

• Fluctuating price of raw materials
• Effect of natural calamities
• Stringent regulations and guidelines

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Market Scope in Pesto Sauces Market Research Report

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Research Analysis Overview

The Pesto Sauce Market encompasses various types of pestos, including sun-dried tomato, pesto for baking, and breakfast pesto. Gourmet shops offer an array of options such as pesto for salads, dips, and holidays. Gluten-free, low-sodium, and vegan pestos cater to dietary needs. Basil pesto and pesto with chicken are popular choices. Pesto is used in Italian food industry for cooking, grilling, and as marinades. Food safety regulations and food waste reduction are key challenges. Pesto sauces are also utilized in food service industry for dinner, brunch, and parties. Pesto recipes can be found for low-fat and healthy options using healthy ingredients like garlic paste. Pesto is used for appetizers, sandwiches, pasta, pizza, and as a flavoring ingredient. The market includes pesto for snacks, pesto for events, pesto for lunch, and pesto for pasta. The market faces challenges from food safety regulations in the Italian food industry and food service sector. The garlic paste market is also related as it is a common ingredient in pesto sauces.

Market Research Overview

The global packaged foods and meats market encompasses businesses engaged in food processing to ensure food safety and increase product longevity. According to Technavio, the market's size is determined by the consolidated revenue of participating vendors. This sector does not encompass equipment manufacturers or producers of packaged beverages, including alcoholic and non-alcoholic varieties. Factors fueling market expansion include the health benefits linked to the consumption of minimally processed foods, such as pesto sauces made with authentic, eco-friendly ingredients, and the growing demand for ready-to-eat options in the food service industry. Consumers increasingly prefer foods with healthy profiles, free from artificial additives, saturated fats, and excessive sodium. As a result, pesto sauces in metal cans, a staple in the pizza industry, are gaining traction due to their ability to maintain authentic flavors while adhering to health-conscious trends.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/