What is the Pasta Sauce Production industry?
The Pasta Sauce Production industry exhibits moderate barriers to entry, and these have remained relatively steady over the past five years. The primary barriers to entry are high establishment costs, lack of initial scale and relationships with major distributors. Lack of brand equity is also a significant barrier to entry.
Operations require scale to remain profitable. Therefore, initial investment into machinery, equipment and facilities is often required. Large companies also require regulatory approval and have to meet various food standards. A major barrier to entry is the already-established branding of existing players and the customer loyalty that comes with it. Consequently, it may be difficult for new players to penetrate the market... purchase to read more