Industry Analysis & Industry Trends
The Pasta Sauce Production industry has performed well over the past five years, in contrast to the downward trend exhibited by many manufacturing industries. Industry revenue is expected to grow at an annualised 2.5% over the five years through 2015-16, to reach $145.7 million. Busy consumer lifestyles, renewed interest in cooking at home and some premiumisation have benefited producers. These factors are expected to contribute to 2.0% revenue growth in 2015-16.
For some consumers, pasta sauce represents a quick and convenient meal component that is cost-effective and healthy. Other consumers use pasta sauce as a recipe base for more sophisticated cooking involving meat, vegetables, herbs and spices... purchase to read more
Industry Report - Industry Analysis Chapter
The Pasta Sauce Production industry has avoided the downward trend experienced by many manufacturing industries over the past five years. Increasingly time-poor consumer lifestyles have stimulated demand for pasta sauce. Some producers have benefited from a strengthening consumer trend of purchasing premium products. Over the five years through 2015-16, industry revenue is projected to post annualised growth of 2.5%, to reach $145.7 million. This includes growth of 2.0% for 2015-16.
Consumer cooking habits
Consumer reasons for purchasing pasta sauce vary according to their lifestyle and cooking habits. Consumers are becoming increasingly time-poor. Work, sporting and social commitments are eating into the amount of time consumers are willing to spend preparing meals... purchase to read more