How speculative attacks on currencies led to the East Asian Crisis of Massive and rapid growth is a wonderful buffer. Like a river in flood, it hides the rocks on the river bed. Diminishing opportunities at home encouraged Japanese banks to ramp up their lending to other Asian countries — in particular to highly speculative real estate concerns — and by they were providing nearly half the credit of the region. At the same time, falling Japanese interest rates led to the emergence of a carry trade in yen, where international speculators would borrow cheaply in yen and then invest in higher yielding regional currencies, such as the Thai baht, and earn the spread. Petronas Towers over the Kuala Lumpur skyline.
The forecast period is set from to and the market is expected to grow at 6. The change in lifestyle and eating habits of people have impelled them to try new cuisines most of the time. This makes way for international cuisines to be tried, tested, and then start falling into the trending food category. Such factors contribute to the growth of the global market for hot sauce. Additionally, the rising popularity of various Asian cuisines, which includes spicy, tangy, and unique taste such as Thai, Chinese, and Indian food items, is also propelling the Hot Sauce Market growth. Besides this, there is a rising demand for exotic cuisines and fast-food, which is fueling the demand for hot sauce globally. However, the rising price of ingredients used for making sauce such as high price of spices, condiments, seasonings, and others is anticipated to cause hindrance to the growth of the market globally.