What is the Pasta Sauce Production industry?
The Pasta Sauce Production industry is highly concentrated, with the four largest operators accounting for over 70% of industry revenue. Strong branding, the large scale of operations and secure contracts with suppliers and downstream markets contribute to the major players dominating the industry. These factors provide large operators, such as Simplot, with a competitive advantage over smaller enterprises. The production of pasta sauce also benefits from economies of scale, which effectively reduce the costs for larger players. However, market share concentration has declined over the past five years, as the major players have increasingly faced competition from private-label brands... purchase to read more