More than mild: Increasing demand for specialty products abroad will also boost revenue growth

Over the past five years to 2018, the Pre-Made Salsa Production industry has experienced increasing revenue as per capita disposable income and consumer demand for Hispanic cuisine has risen. Rising incomes enabled many consumers to choose quality dipping sauces made with vegetables to complement their snacks and meals. To the benefit of the industry, the nation's Hispanic population is rising and Americans of all ethnicities are expanding their tastes to include cuisines from all over the world. Looking forward, industry prospects are optimistic and industry revenue growth is anticipated to accelerate. Increasing demand for specialty products abroad will also boost industry exports, further supporting revenue growth over the next five years to 2023...purchase to read more.

Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 13-18
1.1%
Forecast Growth 18-23
Profit
Employment
1,487
Businesses
89
Market Share of Companies

Industry Threats & Opportunities

  • Increasing demand for specialty products abroad will further supporting revenue growth
  • Strong marketing campaigns and the development of new products helped major companies expand their market share
  • Low unemployment and a bright economic outlook are expected to drive growth in disposable income
  • Industry Report - Industry Analysis Chapter

    The Pre-Made Salsa Production industry has experienced growth over the five years to 2018. Pre-made salsa is a simple addition to snack foods and a traditional Mexican cuisine that has grown popular as a result of its unique taste and ease of consumption. Mexican-style food was introduced into mainstream US culture through the rapid growth of brands like Taco Bell, Tostitos and Chipotle. IBISWorld estimates that revenue for the Pre-Made Salsa Production industry is estimated to increase at an annualized rate of 1.1% over the five years to $1.3 billion in 2018. In 2018 alone, revenue is expected to grow 1.0%, driven primarily by increased consumer spending and higher per capita disposable income...purchase to read more.

    Additional Insights for the Pre-Made Salsa Production Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Pre-Made Salsa Production Industry are

  • Having a high profile in the market
  • Having a loyal customer base
  • Having an extensive distribution/collection network
  • IBISWorld analysts also discuss how external factors such as Per capita fruit and vegetable consumption and Price of vegetables in the Pre-Made Salsa Production industry impact industry performance..

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    What's in this report

    What is the Pre-Made Salsa Production Industry?

    The industry produces pre-made tomato-based Mexican-style dips that are purchased by grocery wholesalers and supermarkets and then sold to consumers and food service outlets. This salsa may be refrigerated or shelf-stable. The industry excludes dairy-based and other dips like hummus and guacamole. The industry also does not include dry mix salsa flavoring or Italian-style sauces.

    Industry Products
  • Mild salsa
  • Medium salsa
  • Hot salsa
  • Other salsa
  • Industry Activities
  • Producing salsa
  • Distributing salsa
  • Developing salsa
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Per capita fruit and vegetable consumption
  • Price of vegetables
  • Healthy eating index
  • Consumer spending
  • Trade-weighted index
  • Per capita disposable income

  • Current Performance
  • Rise of salsa
  • Appealing to consumers
  • Stagnant profit
  • Chart: Revenue Growth

  • Industry Outlook
  • Strengthening economic conditions
  • Salsa competition
  • Table: Pre-Made Salsa Production Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Pre-Made Salsa Production Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Supermarkets & Grocery Stores
  • Specialty Food Stores
  • Chain Restaurants
  • Single Location Full-Service Restaurants
  • Food Service Contractors
  • Fast Food Restaurants
  • Consumers

  • Key Selling Industries
  • Fruit & Vegetable Wholesaling
  • Glass Product Manufacturing
  • Industrial Machinery & Equipment Wholesaling
  • Syrup & Flavoring Production
  • Vegetable Farming

  • Products & Services
  • Medium salsa
  • Hot salsa
  • Mild salsa
  • Other salsa
  • Chart: Pre-Made Salsa Production Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Grocery wholesalers
  • Supermarkets and grocery stores
  • Food service establishments
  • Exports
  • Chart: Major Market Segmentation for the Pre-Made Salsa Production Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesOther
  • Chart: Cost Structure Benchmarking – Sector vs Pre-Made Salsa Production

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Pre-Made Salsa Production Industry

  • Industry Globalization
    PepsiCo Inc., Campbell Soup Company,
  • Table: PepsiCo Inc. - financial performance
  • Table: Campbell Soup Company - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Pre-Made Salsa Production Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Pre-Made Salsa Production Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Exports (2009-2023)
  • Imports (2009-2023)
  • Wages (2009-2023)
  • Per capita disposable income (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Additive
  • A substance added to alter or improve the quality or counteract undesirable properties.
  • Canning
  • The act of preserving cooked food by sealing it in cans or jars.
  • Economies Of Scale
  • The increase in efficiency of production as the number of goods being produced increases.
  • Leadership In Energy & Environmental Design (Leed)
  • An environmental building certificate program that was established under the US Green Building Council and certifies buildings that meet energy-efficiency and green requirements.
  • Premium
  • When producers charge consumers a price for their product that is more than its nominal value.
  • Preservative
  • A chemical substance used to preserve foods or other organic materials from decomposition or fermentation.
  • Wholesale Bypass
  • A popular trend within retail and manufacturing industries where producers supply goods directly to stores, eliminating the middleman.
  • What Our Customers Say

    Why buy this report?

    The Pre-Made Salsa Production industry market report contains strategic analysis of the key drivers influencing the industry. Save hours of time on research and prospecting using IBISWorld’s standardized, up-to-date reports on thousands of industries. Our industry research provides growth and profit forecasts for a five-year outlook period, presented in a clear and user-friendly format.

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    This report on Pre-Made Salsa Production:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Pre-Made Salsa Production market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

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