Worcestershire Sauce Market Size and Trends

Worcestershire Sauce Market, By Product Type (Certified Organic, Certified Gluten Free, Certified Kosher), By End-Use (Commercial, Residential), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : Sep 2023

Code : CMI4970

Pages :120

Formats :

Excel and PDF

Industry : Food and Beverages

Worcestershire Sauce MarketSize and Trends

The global Worcestershire sauce market is projected to reach around US$ 1,228.1 Million by 2030, in terms of revenue, exhibiting a CAGR of 6.2% during the forecast period (2023-2030).

Global Worcestershire Sauce Market: Trends

Continuous innovation and new product launches: The growth of the product launches that contain Worcestershire sauce is projected to be a major contributor to the growth of the Worcestershire sauce market over the forecast period. For instance, in 2021, Taco Bell launched a limited-edition Worcestershire sauce-flavored hard shell taco. Taco Bell IP Holder, LLC, d/b/a Taco Bell, is an American multinational chain of fast food restaurants founded in 1962 by Glen Bell in Downey, California. Taco Bell is a subsidiary of Yum! Brands, Inc. The taco was a collaboration with Hot Ones, a popular youTube channel that features spicy food challenges. Moreover, in 2022, Baxters launched a Worcestershire sauce flavored-soup made with beef, carrots, celery, and Worcestershire sauce, and Heniz launched a Worcestershire sauce-flavored ketchup made with tomato puree, vinegar, sugar, molasses, spices, and Worcestershire sauce.