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 EMEA is experiencing minimal growth, impacted by factors such as changing consumer preferences, fluctuations in raw material prices, and increasing competition. Despite this, the market is expected to continue growing due to the growing popularity of international cuisines and the rise of health-conscious consumers.
Customer preferences: The growing demand for plant-based and organic food products is driving the Other Sauces Market in EMEA, as consumers become more health-conscious and environmentally aware. This trend is also reflected in the rising popularity of vegan and vegetarian diets, leading to an increase in demand for plant-based sauces and condiments. Additionally, the shift towards home cooking and experimenting with different cuisines at home has also contributed to the growth of the Other Sauces Market in EMEA.
Trends in the market: In EMEA, the Other Sauces Market within the Sauces & Spices Market is experiencing a shift towards healthier, organic and natural options. This trend is driven by the increasing consumer demand for clean label and transparent ingredients. Additionally, there is a growing interest in global flavors and fusion cuisines, leading to the introduction of unique and exotic sauces in the market. These trends are expected to continue in the coming years, impacting industry players and opening up new growth opportunities for innovative products and partnerships.
Local special circumstances: In EMEA, the Other Sauces Market is heavily influenced by the diverse culinary traditions and preferences of the region. For instance, in Europe, the market is driven by the demand for premium and specialty sauces, such as truffle sauce in Italy and mustard in France. In the Middle East, the market is shaped by the widespread use of traditional sauces like tahini and harissa, while in Africa, the market is driven by the popularity of local condiments like peri-peri sauce in South Africa and shito in Ghana. These local factors play a crucial role in shaping the product offerings and consumer behavior in the EMEA Other Sauces Market.
Underlying macroeconomic factors: The Other Sauces Market of the Sauces & Spices Market within The Food market is affected by macroeconomic factors such as changing consumer preferences, economic growth, and government policies. Countries with a stable economy and growing disposable income are driving the demand for convenient and flavorful sauces. In contrast, regions with economic instability and higher tariffs on imported goods are experiencing slower market growth. Additionally, the growing trend of healthy and natural food products is positively impacting the demand for organic and low-sodium sauces, leading to the growth of this market segment.
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