Opportunities in the West European Seasonings, Dressings & Sauces Sector: Analysis of Opportunities Offered by High Growth Economies

2017-05-19
Price :
Published : May-2017
No. of Pages : 126

Opportunities in the West European Seasonings, Dressings & Sauces Sector: Analysis of Opportunities Offered by High Growth Economies

Summary

Global Seasonings, Dressings & Sauces sector was valued at US$99,510.3 Million in 2016 and is forecasted to reach US$129,618.7 Million by 2021, registering a CAGR of 5.4%. Western Europe accounted for a 20.5% value share in the global SDS sector in 2016, and is expected to grow from US$20,428.8 Million in 2016 to US$23462.0 Million in 2021, registering a CAGR of 2.8%. Rising consumer demand for convenient products such as Wet Cooking Sauces and Tomato Pastes and Purées that reduce cooking time, and ethnic flavors such as Thai, Indian, and Mexican, are driving the growth of the West European SDS sector.

Wet Cooking Sauces is the largest market, accounting for 22.6% of the overall SDS value sales in 2016. The market is expected to grow from US$4,608.6 Million in 2016 to US$5,138.4 Million in 2021, growing at a CAGR 2.2%. Condiment Sauces is the second largest market, with value sales of US$3024.4 Million in 2016, followed by Herbs, Spices & Seasonings, and Dressings, which registered value sales of US$2,655.8 Million and US$2,332.5 Million, respectively in 2016..

The value of Seasonings, Dressings & Sauces with Health & Wellness attributes stood at US$1,139.6 Million (5.6% of the overall SDS sector) in 2016 and is forecasted to reach US$1,317.4 Million, at a CAGR of 2.9%. The growth of the Health & Wellness market is largely attributed to the rising prevalence of gluten intolerance and lifestyle diseases such as diabetes, heart disease, and obesity, amongst others.

Hypermarkets & Supermarkets is the largest distribution channel in the West European SDS sector. In 2016, the channel accounted for 65.7% of overall value sales. Convenience Stores and Food & Drink Specialists are the other leading distribution channels, with value shares of 22.6% and 6.1%, respectively.

The report “Opportunities in the West European Seasonings, Dressings & Sauces Sector: Analysis of Opportunities Offered by High Growth Economies”, provide a comprehensive overview of the West European Seasonings Dressings & Sauces (SDS) sector.

In particular, this report provides the following analysis –
– Market Overview: Includes sector size, market size and growth analysis by markets.
– Change in consumption: Provides a shift in the consumption of Seasonings, Dressings & Sauces by markets across different countries in Western Europe.
– Countries Analysis: Provides Risk-Reward analysis of four countries in Western Europe based on market assessment, economic development, socio-demographic, governance indicators, and technological infrastructure.
– Health & Wellness analysis: Provides insights on the Health & Wellness products in terms of value and percentage share in the overall Seasonings, Dressings & Sauces sector during 2011-2021. The analysis includes key Health & Wellness attributes and consumer benefits driving the sales of Seasonings, Dressings & Sauces in 2016. It also covers the market share of leading companies offering Seasonings, Dressings & Sauces with health and wellness attributes in the same year.
– Brand Analysis: Provides an overview of leading brands in the West European SDS sector, besides analyzing the growth of private labels in the region.
– Key distribution channels: Provides analysis on the leading distribution channels in the West European SDS sector in 2016. It covers five distribution channels – Hypermarkets & Supermarkets, Convenience Stores, Food & Drinks Specialists, Department Stores, e-Retailers and Dollar Stores and Others that include – Cash & Carries and Warehouse Clubs and General retailers.
– Preferred packaging formats: The report provides percentage share (in 2016) and growth analysis (during 2011-2021) for various packaging materials, container, closure, and outer types based on the volume sales (by pack units) of Seasonings, Dressings & Sauces.

Companies mentioned in this report: Unilever, Kraft Heinz, Starway, Premier Foods, Orkla group, Nestle, Mccormick, Mars, carl Kuhne Kg, Barill G & Fratelli.

Scope

This report brings together multiple data sources to provide a comprehensive overview of the West European Seasonings Dressings & Sauces (SDS) sector. It includes analysis on the following –
– Market overview: Includes sector size, market size and growth analysis by markets.
– Change in consumption: Provides a shift in the consumption of Seasonings, Dressings & Sauces by markets across different countries in Western Europe.
– Countries analysis: Provides Risk-Reward analysis of four countries in Western Europe based on market assessment, economic development, socio-demographic, governance indicators, and technological infrastructure.
– Health & Wellness analysis: Provides insights on the Health & Wellness products in terms of value and percentage share in the overall Seasonings, Dressings & Sauces sector during 2011-2021. The analysis includes key Health & Wellness attributes and consumer benefits driving the sales of Seasonings, Dressings & Sauces in 2016. It also covers the market share of leading companies offering Seasonings, Dressings & Sauces with health and wellness attributes in the same year.
– Brand Analysis: Provides an overview of leading brands in the West European SDS sector, besides analyzing the growth of private labels in the region.
– Key distribution channels: Provides analysis on the leading distribution channels in the West European SDS sector in 2016. It covers five distribution channels – Hypermarkets & Supermarkets, Convenience Stores, Food & Drinks Specialists, Department Stores, e-Retailers and Dollar Stores and Others that include – Cash & Carries and Warehouse Clubs and General retailers.
– Preferred packaging formats: The report provides percentage share (in 2016) and growth analysis (during 2011-2021) for various packaging materials, container, closure, and outer types based on the volume sales (by pack units) of Seasonings, Dressings & Sauces.

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 APAC region.
– The report provides a detailed analysis of the high potential 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

Filed in: Food & Beverage
Publisher : GlobalData
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