Over the last two observations, the volume is forecast to significantly increase in all segments. The trend observed from 2019 to 2029 remains consistent throughout the entire forecast period. There is a continuous increase in the volume across all segments. Notably, the Other Sauces segment achieves the highest value of 52.75 billion kilograms 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. (September 27, 2024). Volume in the Sauces & Spices market for different segments Worldwide from 2019 to 2029 (in billion kilograms) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/forecasts/1444965/volume-sauces-spices-market-for-different-segments-worldwide
Statista Market Insights. "Volume in the Sauces & Spices market for different segments Worldwide from 2019 to 2029 (in billion kilograms)." Chart. September 27, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/forecasts/1444965/volume-sauces-spices-market-for-different-segments-worldwide
Statista Market Insights. (2024). Volume in the Sauces & Spices market for different segments Worldwide from 2019 to 2029 (in billion kilograms). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/forecasts/1444965/volume-sauces-spices-market-for-different-segments-worldwide
Statista Market Insights. "Volume in The Sauces & Spices Market for Different Segments Worldwide from 2019 to 2029 (in Billion Kilograms)." Statista, Statista Inc., 27 Sep 2024, https://www.statista.com/forecasts/1444965/volume-sauces-spices-market-for-different-segments-worldwide
Statista Market Insights, Volume in the Sauces & Spices market for different segments Worldwide from 2019 to 2029 (in billion kilograms) Statista, https://www.statista.com/forecasts/1444965/volume-sauces-spices-market-for-different-segments-worldwide (last visited November 22, 2024)
Volume in the Sauces & Spices market for different segments Worldwide from 2019 to 2029 (in billion kilograms) [Graph], Statista Market Insights, September 27, 2024. [Online]. Available: https://www.statista.com/forecasts/1444965/volume-sauces-spices-market-for-different-segments-worldwide