The price per unit is forecast to experience significant growth in all segments in 2029. The trend observed from 2019 to 2029 remains consistent throughout the entire forecast period. There is a continuous increase in the price per unit across all segments. Notably, the Spices & Culinary Herbs segment achieves the highest value of 19.44 U.S. dollars at 2029.
Data provided by Statista Market Insights are estimates.
Definition:
The Sauces & Spices market covers all substances that are additional ingredients used during the food preparation process. Sauces are defined as liquid or semi-liquid preparations that are used to improve the flavor, texture, and appearance of a dish. Spices are dried seeds, fruits, etc. that are added to food to add taste, scent, and color.
Structure:
The market consists of three different submarkets:
The Tomato Ketchup market covers seasoned sauces most commonly based on tomatoes. It is often used as a condiment for fast food such as burgers and fries.
The Other Sauces market covers other types of sauces other than ketchup, such as mustard, mayonnaise, soy sauce, BBQ sauce, and other emulsified sauces as well as products for preparing sauces, i.e., gravy granules and bouillon cubes.
The Spices and Culinary Herbs market covers salt, spices, and culinary herbs such as pepper, chilis, curry, parsley, rosemary, and thyme.
Additional Information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram), sales channels. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption, out-of-home consumption is not included.
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Statista Market Insights. (December 3, 2024). Average price per unit (PPU) in the Sauces & Spices market for different segments United Kingdom from 2019 to 2029 [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/forecasts/1444162/average-price-per-unit-ppu-sauces-spices-market-for-different-segments-united-kingdom
Statista Market Insights. "Average price per unit (PPU) in the Sauces & Spices market for different segments United Kingdom from 2019 to 2029." Chart. December 3, 2024. Statista. Accessed December 23, 2024. https://www.statista.com/forecasts/1444162/average-price-per-unit-ppu-sauces-spices-market-for-different-segments-united-kingdom
Statista Market Insights. (2024). Average price per unit (PPU) in the Sauces & Spices market for different segments United Kingdom from 2019 to 2029. Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/forecasts/1444162/average-price-per-unit-ppu-sauces-spices-market-for-different-segments-united-kingdom
Statista Market Insights. "Average Price per Unit (Ppu) in The Sauces & Spices Market for Different Segments United Kingdom from 2019 to 2029." Statista, Statista Inc., 3 Dec 2024, https://www.statista.com/forecasts/1444162/average-price-per-unit-ppu-sauces-spices-market-for-different-segments-united-kingdom
Statista Market Insights, Average price per unit (PPU) in the Sauces & Spices market for different segments United Kingdom from 2019 to 2029 Statista, https://www.statista.com/forecasts/1444162/average-price-per-unit-ppu-sauces-spices-market-for-different-segments-united-kingdom (last visited December 23, 2024)
Average price per unit (PPU) in the Sauces & Spices market for different segments United Kingdom from 2019 to 2029 [Graph], Statista Market Insights, December 3, 2024. [Online]. Available: https://www.statista.com/forecasts/1444162/average-price-per-unit-ppu-sauces-spices-market-for-different-segments-united-kingdom