The tomato paste market is diverse, finding applications in various cuisines worldwide. It serves as a fundamental ingredient in pasta sauces, soups, stews, and pizza toppings, adding rich flavor and color. Beyond culinary delight, tomato paste offers health benefits, being a concentrated source of antioxidants such as lycopene, which may reduce the risk of chronic diseases. In the market, the dominating segment is the food industry, where tomato paste is an essential ingredient in numerous processed foods, maintaining its prominence.
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Data Bridge Market Research analyses the U.S. Tomato Paste Market by 2030 and is expected to undergo a CAGR of 3.4% during the forecast period of 2023-2030. Tomato paste is a versatile ingredient that aligns well with vegetarian, vegan, and plant-based diets due to its natural origin and rich flavor. Its ability to enhance plant-focused dishes makes it a favored choice among individuals following these dietary lifestyles, driving its popularity.
Key Findings of the Study
Preservation is expected to drive the market's growth rate
Tomato paste plays a vital role in reducing food waste and ensuring year-round availability of tomato-based products. By processing and concentrating fresh tomatoes, it significantly extends their shelf life, preventing spoilage and waste. This preservation method allows consumers to enjoy tomatoes and tomato-based dishes even during off-seasons. Additionally, it supports sustainability by optimizing the use of tomato crops and minimizing the environmental impact associated with food wastage and transportation.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Segments Covered
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Product Type (Organic Tomato Paste, Conventional Tomato Paste), Brand Category (Branded, Private Label), Packaging Type (Bottles, Jars, Tins/Cans, Pouches/Sachets, Tubes, Others), Packaging Size (Less Than 100 Grams, 101-250 Grams, 251-500 Grams, 501-750 Grams, 751-1000 Grams, More Than 1000 Grams), End User (Household/Retail, Food Service Sector, Others), Distribution Channel (Store Based, Non-Store Based)
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Countries Covered
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U.S.
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Market Players Covered
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Jovial Foods, Inc and bionaturae (U.S.), General Mills Inc. (U.S.), PANOS brands(U.S.), Neil Jones Food Company(U.S.), Pacific Coast Producers(U.S.), La Valle Foods USA(U.S.), PORT ROYAL SALES (U.S.), Del Monte Foods Inc (U.S.), Conagra Brands, Inc. (U.S.), Cento Fine Foods. (U.S.), Mutti S.p.A (Italy), DEI FRATELLI(U.S.), Rao’s Specialty Foods(U.S.), The Morning Star Company(U.S.), Trader Joe’s(U.S.), DeLallo(U.S.), The Napoleon Co. (U.S.), Goya Foods, Inc. (U.S.), POMI USA INC. (U.S.), and Galil Brands (U.S.)among others.
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Segment Analysis:
The U.S. tomato paste market is segmented into six notable segments based on product type, brand category, packaging type, packaging size, end user, and distribution channel.
- On the basis of product type, the U.S. tomato paste market is segmented into conventional tomato paste and organic tomato paste.
- On the basis of brand category, the U.S. tomato paste market is segmented into branded and private labels.
- On the basis of packaging type, the U.S. tomato paste market is segmented into bottles, jars, pouches/sachets, tins/cans, tubes, and others.
- On the basis of packaging size, the U.S. tomato paste market is segmented into less than 100 grams, 101-250 grams, 251-500 grams, 501-750 grams, 751-1000 grams, and more than 1000 grams.
- On the basis of end user, the U.S. tomato paste market is segmented into household/retail, food service sector, and others.
- On the basis of distribution channel, the U.S. tomato paste market is segmented into store based and non-store based.
Major Players
Data Bridge Market Research recognizes the following companies as the U.S. tomato paste market players in U.S. tomato paste market Jovial Foods, Inc and bionaturae (U.S.), General Mills Inc. (U.S.), PANOS brands(U.S.), Neil Jones Food Company(U.S.), Pacific Coast Producers(U.S.), La Valle Foods USA(U.S.), PORT ROYAL SALES (U.S.), Del Monte Foods Inc (U.S.), Conagra Brands, Inc. (U.S.).
Market Developments
- In November 2022, Green Thumb Grown Foods, the largest producer of organic canned tomatoes in the Western United States, introduced the Take Root Organics product line. This line is now available at major retailers nationwide, providing consumers with a cost-effective choice for organic food that promotes both their health and environmental well-being. The Take Root Organics collection comprises six distinct varieties, including Tomato Paste, and is accessible at retail chains such as Kroger, Albertsons, and Food4Less.
- In October 2020, Goya Foods, Inc. unveiled an $80 million expansion project for its Texas-based manufacturing and distribution facility. This initiative encompasses the acquisition of state-of-the-art food processing machinery, poised to double the company's production capabilities. This strategic move aligns with the escalating demand for Goya's products, ensuring that the company can efficiently meet the needs of its growing customer base.
For more detailed information about the U.S. tomato paste market report, click here – https://www.databridgemarketresearch.com/reports/us-tomato-paste-market
