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Other Sauces - Brunei Darussalam

Brunei Darussalam
  • Revenue in the Other Sauces market amounts to US$24.89m in 2024. The market is expected to grow annually by 6.16% (CAGR 2024-2029).
  • In global comparison, most revenue is generated China (US$38bn in 2024).
  • In relation to total population figures, per person revenues of US$54.61 are generated in 2024.
  • In the Other Sauces market, volume is expected to amount to 8.81m kg by 2029. The Other Sauces market is expected to show a volume growth of 7.0% in 2025.0.
  • The average volume per person in the Other Sauces market is expected to amount to 15.1kg in 2024.

Definition:

The Other Sauces market covers different types of sauces, excluding ketchup, that are used to improve the flavor, texture, and appearance of a dish. Examples include mustard, mayonnaise, soy sauce, BBQ sauce, and other emulsified sauces as well as products for preparing sauces, i.e., gravy granules and bouillon cubes.

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.

For more information on the displayed data, click the info button on the right side of each box.

In-Scope

  • Soya sauce
  • Mayonnaise
  • Mustard
  • Pre-mixed sauces, hot sauce
  • Seasoning sauce, Worcestershire sauce
  • Barbecue sauce, teriyaki sauce
  • Hoisin sauce, oyster sauce, fish sauce, peanut sauce
  • Chili sauce, pesto sauce, sriracha sauce, remoulade sauce, ponzu sauce

Out-Of-Scope

  • Tomato ketchup
  • Tomato sauces
  • Out-of-home consumption

Revenue

Notes: Data was converted from local currencies using average exchange rates of the respective year.

Most recent update: Sep 2024

Source: Statista Market Insights

Most recent update: Sep 2024

Source: Statista Market Insights

Volume

Most recent update: Sep 2024

Source: Statista Market Insights

Most recent update: Sep 2024

Source: Statista Market Insights

Price

Most recent update: Sep 2024

Source: Statista Market Insights

Sales Channels

Most recent update: Nov 2024

Source: Statista Market Insights

Global Comparison

Most recent update: Sep 2024

Source: Statista Market Insights

Analyst Opinion

The Other Sauces market in Brunei Darussalam is experiencing minimal growth, influenced by factors such as limited consumer awareness and availability of traditional sauces. Despite the convenience of online services, slow adoption of digital technologies is impacting the market's growth rate.

Customer preferences:
There is a growing demand for plant-based and organic sauces in Brunei Darussalam, driven by health-conscious consumers and a preference for natural ingredients. This has led to an increase in the availability of alternative sauces such as vegan mayo, gluten-free soy sauce, and organic chili sauce. Additionally, the rise in popularity of international cuisines, particularly East Asian and Mexican, has also contributed to the growth of the Other Sauces Market in the country.

Trends in the market:
In Brunei Darussalam, the Other Sauces Market within the Sauces & Spices Market is experiencing a surge in demand for organic and natural sauces. This trend is driven by a growing consumer preference for healthier and cleaner label products. Additionally, there is a rising interest in global flavors and exotic ingredients, leading to the introduction of new and diverse sauce options in the market. These trends are expected to continue, creating opportunities for industry players to expand their product portfolios and cater to evolving consumer needs. Moreover, with the increasing popularity of online shopping and e-commerce, companies can leverage digital platforms to reach a wider audience and boost sales. This shift towards healthier and more diverse sauces is likely to drive growth and innovation in the Other Sauces Market, making it an exciting time for stakeholders in the industry.

Local special circumstances:
In Brunei Darussalam, the Other Sauces Market of the Sauces & Spices Market within The Food market is heavily influenced by the country's predominantly Muslim population. This has led to a demand for halal-certified sauces, as well as a preference for locally produced sauces. Additionally, the small size and limited resources of the country's market have resulted in a focus on niche and premium sauces, rather than mass-produced options. These factors have shaped the market dynamics, leading to a unique landscape compared to other markets.

Underlying macroeconomic factors:
The Other Sauces Market of the Sauces & Spices Market within The Food market in Brunei Darussalam is directly impacted by macroeconomic factors such as consumer spending patterns, import and export policies, and government regulations. With a stable national economy and increasing disposable income among consumers, the demand for quality and diverse sauces is expected to rise. Additionally, favorable fiscal policies and investments in food processing industries are also contributing to the growth of the market. However, fluctuations in global trade and uncertain economic conditions may pose challenges to market growth.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).

Modeling approach:

Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.

Key Market Indicators

Notes: Based on data from IMF, World Bank, UN and Eurostat

Most recent update: Sep 2024

Source: Statista Market Insights

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