The US hot sauce market is expected to gross 1.55 billion dollars in 2020. Hot sauce or chili sauce is manufactured using chili peppers, vinegar, and other ingredients. It is used as condiments, dressings, and seasonings. Hence, it can be consumed along with cooked food or used as an ingredient in cooking to add complementary or contrasting flavors. It has become a significant part of the modern kitchen; however, the preparation styles and flavors are different across the globe.
The demand for hot sauce has been witnessing significant growth with the increasing popularity of Pan Asian and Latin American cuisines across the globe. The introduction of innovative sauce flavors with health beneficial attributes have further augmented the demand for hot sauce. In addition, increasing consumption of fast and frozen foods among the busy city-dwellers, especially in the emerging countries, has also led to an increased usage of hot sauce, thereby creating a positive impact in the market. Apart from that, increasing the urban population, modernization of storage and logistics, rising number of expatriates in countries, and cultural exchanges are some of the other factors that catalyze the growth of the hot sauce market. Looking forward, the US hot sauce market is expected to witness moderate growth during 2020-2025.