By Type, Tomato Ketchup segment revenue was estimated at US$31.44 Billion in 2023. The ketchup market is expected to grow at a CAGR of 3.7% during the forecast. This is owing to the growth of local fast food items in some regions. Sandwiches, fries, burgers, and grilled and fried meat are all served with tomato ketchup because of its popularity and acceptance by many consumers, it is primarily used as a basis for other sauces. However, with the increased popularity of ready-to-cook pasta sauces, the other category is expected to develop at a quicker rate during the forecast period.
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