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Seasonings, Dressings & Sauces in China

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    Report

  • 41 Pages
  • August 2024
  • Region: China
  • MarketLine
  • ID: 6018095
Seasonings, Dressings & Sauces in China industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The Seasonings, Dressings & Sauces market includes the sale of any additives/mixtures added to the food to enhance the flavor such as, wet cooking sauces, dressings, condiment sauces, dips, herbs, spices & seasonings and chutneys & relishes. The market is valued according to retail selling price (RSP) and includes any applicable taxes. All currency conversions used in the creation of this report have been calculated using constant annual average 2023 exchange rates.
  • The Chinese Seasonings, Dressings & Sauces market had total revenues of $30.76 billion in 2023, representing a compound annual growth rate (CAGR) of 10.5% between 2018 and 2023.
  • Market consumption volume increased with a CAGR of 6% between 2018 and 2023, to reach a total of 7.72 billion kilograms in 2023.
  • The performance of the market is forecast to decelerate, with an anticipated CAGR of 8.2% for the five-year period 2023-2028, which is expected to drive the market to a value of $45.53 billion by the end of 2028.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the seasonings, dressings & sauces market in China
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the seasonings, dressings & sauces market in China
  • Leading company profiles reveal details of key seasonings, dressings & sauces market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the China seasonings, dressings & sauces market with five year forecasts

Reasons to Buy

  • What was the size of the China seasonings, dressings & sauces market by value in 2023?
  • What will be the size of the China seasonings, dressings & sauces market in 2028?
  • What factors are affecting the strength of competition in the China seasonings, dressings & sauces market?
  • How has the market performed over the last five years?
  • What are the main segments that make up China's seasonings, dressings & sauces market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market share
1.8. Market rivalry
1.9. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
4.3. Market distribution
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Market share
7.2. Who are the leading players in the Chinese seasonings, dressings & sauces market?
7.3. Which companies have been most successful in increasing their market shares in the last 5 years (2018-23)?
7.4. Which companies market shares have suffered in the last 5 years (2018-23)?
7.5. What are the most popular brands in the Chinese seasonings, dressings & sauces market?
8 Company Profiles
8.1. Foshan Haitian Flavoring Food Co Ltd
8.2. McCormick & Co Inc
8.3. CITIC Group Corp
8.4. Lee Kum Kee Co Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: China seasonings, dressings & sauces market value: $ million, 2018-23
Table 2: China seasonings, dressings & sauces market volume: million kilograms, 2018-23
Table 3: China seasonings, dressings & sauces market category segmentation: % share, by value, 2018-23
Table 4: China seasonings, dressings & sauces market category segmentation: $ million, 2018-23
Table 5: China seasonings, dressings & sauces market geography segmentation: $ million, 2023
Table 6: China seasonings, dressings & sauces market distribution: % share, by value, 2023
Table 7: China seasonings, dressings & sauces market value forecast: $ million, 2023-28
Table 8: China seasonings, dressings & sauces market volume forecast: million kilograms, 2023-28
Table 9: China seasonings, dressings & sauces market share: % share, by value, 2023
Table 10: Foshan Haitian Flavoring Food Co Ltd: key facts
Table 11: Foshan Haitian Flavoring Food Co Ltd: Annual Financial Ratios
Table 12: Foshan Haitian Flavoring Food Co Ltd: Key Employees
Table 13: McCormick & Co Inc: key facts
Table 14: McCormick & Co Inc: Annual Financial Ratios
Table 15: McCormick & Co Inc: Key Employees
Table 16: CITIC Group Corp: key facts
Table 17: CITIC Group Corp: Key Employees
Table 18: Lee Kum Kee Co Ltd: key facts
Table 19: Lee Kum Kee Co Ltd: Key Employees
Table 20: China Size of Population (million), 2019-23
Table 21: China real GDP (Constant 2010 Prices, $ billion), 2019-23
Table 22: China GDP (Current Prices, $ Billion), 2019-23
Table 23: China Inflation, 2019-23
Table 24: China Consumer Price Index (Absolute), 2019-23
Table 25: China exchange rate, 2018-23
List of Figures
Figure 1: China seasonings, dressings & sauces market value: $ million, 2018-23
Figure 2: China seasonings, dressings & sauces market volume: million kilograms, 2018-23
Figure 3: China seasonings, dressings & sauces market category segmentation: $ million, 2018-23
Figure 4: China seasonings, dressings & sauces market geography segmentation: % share, by value, 2023
Figure 5: China seasonings, dressings & sauces market distribution: % share, by value, 2023
Figure 6: China seasonings, dressings & sauces market value forecast: $ million, 2023-28
Figure 7: China seasonings, dressings & sauces market volume forecast: million kilograms, 2023-28
Figure 8: Forces driving competition in the seasonings, dressings & sauces market in China, 2023
Figure 9: Drivers of buyer power in the seasonings, dressings & sauces market in China, 2023
Figure 10: Drivers of supplier power in the seasonings, dressings & sauces market in China, 2023
Figure 11: Factors influencing the likelihood of new entrants in the seasonings, dressings & sauces market in China, 2023
Figure 12: Factors influencing the threat of substitutes in the seasonings, dressings & sauces market in China, 2023
Figure 13: Drivers of degree of rivalry in the seasonings, dressings & sauces market in China, 2023
Figure 14: China seasonings, dressings & sauces market share: % share, by value, 2023

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Foshan Haitian Flavoring Food Co Ltd
  • McCormick & Co Inc
  • CITIC Group Corp
  • Lee Kum Kee Co Ltd