Global Tomato Ketchup Market Size & Outlook, 2021-2028
Global tomato ketchup market, 2017-2028 (US$M)
Related Markets
Global tomato ketchup market highlights
- The global tomato ketchup market generated a revenue of USD 20,896.6 million in 2021 and is expected to reach USD 25,411.7 million by 2028.
- The market is expected to grow at a CAGR (2022 - 2028) of 2.8% by 2028.
- In terms of segment, regular accounted for a revenue of USD 13,600.1 million in 2021.
- Flavored is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2021.
- Country-wise, South Africa is expected to register the highest CAGR from 2022 to 2028.
Global data book summary
| Market revenue in 2021 | USD 20,896.6 million |
| Market revenue in 2028 | USD 25,411.7 million |
| Growth rate | 2.8% (CAGR from 2021 to 2028) |
| Largest segment | Regular |
| Fastest growing segment | Flavored |
| Historical data covered | 2017 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Regular, Flavored |
Other key industry trends
- In terms of revenue, the North America accounted for 37.4% of the global tomato ketchup market in 2021.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2028.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 158.7 million by 2028.
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Tomato Ketchup Market Scope
Tomato Ketchup Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global tomato ketchup market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to tomato ketchup market will help companies and investors design strategic landscapes.
Regular was the largest segment with a revenue share of 65.08% in 2021. Horizon Databook has segmented the Global tomato ketchup market based on regular, flavored covering the revenue growth of each sub-segment from 2017 to 2028.
- Global Tomato Ketchup Product Outlook (Revenue, USD Million, 2017-2028)
- Regular
- Flavored
- Global Tomato Ketchup Packaging Outlook (Revenue, USD Million, 2017-2028)
- Bottled
- Pouch
- Global Tomato Ketchup Distribution Channel Outlook (Revenue, USD Million, 2017-2028)
- Offline
- Online
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Horizon Databook provides a detailed overview of global-level data and insights on the Global tomato ketchup market , including forecasts for subscribers. This global databook contains high-level insights into Global tomato ketchup market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Global tomato ketchup market size, by regions, 2017-2028 (US$M)
Top 10 countries: Tomato ketchup market size, 2021 (US$M)
Global tomato ketchup market share, by product, 2021 & 2028 (%, US$M)
Tomato ketchup market: Opportunity assessment by country
Global tomato ketchup market, by region, 2021 (US$M)
| Product | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 7,027.1 | 7,223.1 | 7,434.4 | 7,615.9 | 7,811.0 | 8,019.7 | 8,243.6 | 8,482.0 | 8,737.6 | 9,010.4 | 9,300.7 | 9,610.7 | 3.0% |
| Europe | 5,645.6 | 5,781.0 | 5,927.6 | 6,049.2 | 6,180.6 | 6,321.7 | 6,473.5 | 6,635.4 | 6,809.5 | 6,995.4 | 7,193.5 | 7,405.0 | 2.6% |
| Asia Pacific | 4,265.9 | 4,393.7 | 4,531.2 | 4,651.2 | 4,779.9 | 4,917.4 | 5,064.8 | 5,221.7 | 5,389.9 | 5,569.2 | 5,760.2 | 5,964.1 | 3.2% |
| Latin America | 1,292.6 | 1,319.0 | 1,347.4 | 1,369.7 | 1,393.8 | 1,419.5 | 1,447.1 | 1,476.4 | 1,507.7 | 1,541.0 | 1,576.3 | 1,613.6 | 2.1% |
| MEA | 694.6 | 704.3 | 715.2 | 722.8 | 731.3 | 740.7 | 751.1 | 762.4 | 774.8 | 788.3 | 802.7 | 818.3 | 1.6% |
| Overall | 18,925.8 | 19,421.1 | 19,955.8 | 20,408.8 | 20,896.6 | 21,419.0 | 21,980.1 | 22,577.9 | 23,219.5 | 23,904.3 | 24,633.4 | 25,411.7 | 2.8% |
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