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.
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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
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Nov 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
The Other Sauces Market in Chad is experiencing minimal growth due to factors such as low consumer awareness and limited availability of online services. Despite this, the Sauces & Spices Market in the country continues to show promising potential for growth in the future.
Customer preferences: As consumers become more health-conscious, there is a growing demand for plant-based and all-natural sauces in the Other Sauces Market of the Sauces & Spices Market within The Food market. This trend is driven by a desire for cleaner and healthier ingredients, as well as a growing preference for vegetarian and vegan diets. Additionally, with the increasing popularity of global cuisines, there is a rising demand for ethnic and specialty sauces, providing a diverse range of options for consumers.
Trends in the market: In Chad and other parts of Africa, there is a growing trend of incorporating traditional African ingredients into sauces, such as baobab fruit and moringa leaves. This trend is driven by a demand for more nutritious and sustainable food options. With the rise of health-conscious consumers, this trend is expected to continue, with potential implications for industry stakeholders such as food manufacturers and retailers. This trend also presents opportunities for local farmers and producers to supply these ingredients, supporting the development of a sustainable and inclusive value chain.
Local special circumstances: In Chad, the Other Sauces Market of the Sauces & Spices Market within The Food market is heavily influenced by the country's traditional cuisine, which includes a variety of spicy and aromatic sauces. These sauces, often made with local ingredients such as peanuts, millet, and sorghum, are deeply ingrained in the culture and play a significant role in daily meals. Additionally, the limited availability of imported ingredients and strict regulations on food imports create a unique market for locally produced sauces, driving the growth of the Other Sauces Market in Chad.
Underlying macroeconomic factors: The Other Sauces Market within the Sauces & Spices Market of The Food market in Chad is influenced by macroeconomic factors such as economic stability, consumer purchasing power, and government policies. As the country continues to recover from political and social unrest, the demand for convenient and affordable food options is expected to increase. Additionally, favorable government policies such as tax incentives for food manufacturers and investments in infrastructure development are likely to drive market growth. However, the market may face challenges due to fluctuating commodity prices and trade policies that impact the cost of raw materials and import/export activities.
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.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights