Green pepper sauce. Mild. For your salad dressings, soups and dips. 57 ml. In 1868 McIlhenny Co. produced the world famous red pepper sauce Tabasco for the first time. Now there is a new pepper sauce - Tabasco Green Pepper Sauce. Since this spicy pepper sauce is mainly made from green Jalapeno peppers, it is milder in flavour than the traditional red Tabasco.