Opportunities in the Global Seasonings, Dressings & Sauces Sector 2023

The global seasonings, dressings & sauces sector was valued at $177.2 billion in 2022 and is forecast to generate a CAGR of 5.3% during 2022-27 to reach $229.1 billion in 2027. In volume terms, the sector is predicted to grow from 36.9 billion kg in 2022 to 42.1 billion kg in 2027, at a CAGR of 2.7%. Asia-Pacific was the largest region for the global seasonings, dressings & sauces sector in 2022, with a value share of 37.3%, followed by the Americas and Western Europe, which accounted for 33.5% and 17.7% shares, respectively. Among all the regions, MEA is forecast to record the highest growth rate at 14.4% during 2022-27.

This report brings together multiple data sources to provide a comprehensive overview of the Global Seasonings, dressings & sauces, analyzing data from 108 countries in the region. It includes analysis on the following -

• Market Environment: Includes sector size, market size, and growth analysis by sectors.

High-Potential Countries' Analysis: Indicates changing share of value consumption of various food products by sectors across high-potential countries in the Americas region. It also provides risk-reward analysis of four countries across the Americas region based on market assessment, economic development, sociodemographic factors, governance indicators, and technological infrastructure.

Country Deep Dive: Provides the overview, demographic analysis, and key trends across high-potential countries.

Health & Wellness Analysis*: Provides insights on Health & Wellness products in terms of value and percentage share in the overall food industry between 2016-21. The analysis includes key health & wellness attributes and consumer benefits driving the sales of the food industry in 2021. It also covers the market share of leading companies offering food products with health & wellness attributes in the same year.

Distribution Analysis: Provides analysis on the leading distribution channels in the Americas food industry in 2022. It covers six distribution channels: hypermarkets & supermarkets, food & drinks specialists, convenience stores, e-retailers; “dollar stores” variety stores & general merchandise retailers, and others. Others includes cash & carries and warehouse clubs, drug stores & pharmacies, vending machines, department stores, and others.

Packaging Analysis*: The report provides percentage share (2022) and growth analysis (during 2017-22) for various pack materials, pack types, closures, and primary outer types based on volume sales (by pack units) of food.

Scope

• Provides an overview of current seasonings, dressings & sauces scenario regarding the future outlook in terms of ingredients, product claims, labeling, distribution, and packaging. The analysis also covers regional overview across five regions - Asia-Pacific, Middle East & Africa, Americas, Western Europe, and Eastern Europe - highlighting industry size, growth drivers, latest developments, and future inhibitors for the regions.

Reasons to Buy

• Manufacturing and retailers seek latest information on how the market is evolving to formulate their sales and marketing strategies. There is also demand for authentic market data with a high level of detail. This report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities of growth within the sector in the region
• The report provides a detailed analysis of the countries in the region, covering the key challenges, competitive landscape and demographic analysis, that can help companies gain insight into the country specific nuances
• The analysts have also placed a significant emphasis on the key trends that drive consumer choice and the future opportunities that can be explored in the region, than can help companies in revenue expansion
• To gain competitive intelligence about leading brands in the sector in the region with information about their market share and growth rates