Global BBQ Sauces & Rubs Market Research Report 2021

Barbecue sauce (also abbreviated BBQ sauce) is used as a flavoring sauce, a marinade, basting or topping for meat cooked in the barbecue cooking style, including pork or beef ribs and chicken. It is a ubiquitous condiment and is used on many other foods as well.
Barbecue sauces and rubs has become a regular item in kitchens and restaurants across the global. The variety of dishes that use barbecue sauce provide barbecue sauce producers with ample protection from the economic shockwaves of the recession. Furthermore, as the popularity of organic foods increases in the global, new barbecue sauce producers have emerged to meet demand for high quality sauces. These factors have encouraged industry revenue to grow at a average rate of 5% to total $6.3 billion in 2016, including growth of 4% in 2015.

While the largest barbecue sauce producers are major consumer products conglomerates, such as Kraft Foods Group Inc., smaller industry operators have entered the market. Kraft Foods Group Inc hold 3.69% market share. Barbecue sauce is primarily served with meat dishes, so the amount of meat people consume influences the industry's performance.

The BBQ sauces and rubs industry has a low level of concentration. The two largest firms are: Kraft and Sweet Baby Ray's. These major companies hold sizable advantages, including their ability to spend more on product development and marketing than smaller companies. As such, even though barriers to entry are relatively low, revenue from any one small operator will not represent a significant share of total industry revenue. Even independent companies that produce and distribute on a national scale, like Sweet Baby Ray's, will still likely generate far less revenue than major international conglomerates. The global total number of industry enterprises has remained relatively stable since 2008.

The global BBQ Sauces & Rubs market was valued at US$ 7460.6 million in 2019 and is expected to reach US$ 10830 million by the end of 2026, growing at a CAGR of 5.4% during 2021-2026.
This report focuses on BBQ Sauces & Rubs volume and value at the global level, regional level and company level. From a global perspective, this report represents overall BBQ Sauces & Rubs market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.

Global BBQ Sauces & Rubs Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
BBQ Sauces
BBQ Rubs

Segment by Application
Commercial
Household

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

By Company
Kraft
Sweet Baby Ray's
Croix Valley
KC Masterpiece
Stubb's
Victory Lane BBQ
Flagship
Rufus Teague
Traeger
Sucklebusters
Famous Dave's
Open Pit
ConAgra Foods
Oakridge BBQ Rub
Aliminter S.A.
Gyma