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 the EU-27 is experiencing negligible growth due to factors such as low consumer demand, lack of innovation, and high competition from other sauces and spices. Despite this, the market is expected to see some growth in the coming years with increasing health consciousness and demand for unique flavors driving sales.
Customer preferences: As consumers become more health-conscious, there is a growing demand for alternative and healthier options in the Other Sauces Market within the Sauces & Spices Market. This has led to an increase in demand for plant-based and organic sauces, as well as low-sugar and low-sodium options. Additionally, the rise of vegan and vegetarian lifestyles has also contributed to the demand for meat-free sauces, such as soy and mushroom-based alternatives. This shift towards healthier and more diverse options is driven by cultural influences and evolving dietary preferences.
Trends in the market: In the EU-27 market, the Other Sauces Market of the Sauces & Spices Market within The Food market is seeing a trend towards healthier and more sustainable options. Consumers are increasingly looking for plant-based and organic sauces, as well as sauces with reduced sugar and sodium content. This trend is driven by growing health and environmental concerns, as well as the rise of flexitarian and vegetarian diets. Industry stakeholders can capitalize on this trend by expanding their product offerings and promoting their sustainability efforts, which can lead to increased market share and consumer loyalty. Moreover, the ongoing COVID-19 pandemic has also accelerated the adoption of e-commerce channels for purchasing sauces, providing an opportunity for companies to reach a wider consumer base and enhance their online presence. As consumers continue to prioritize health and sustainability, it is crucial for industry players to stay ahead of these trends and adapt their strategies accordingly.
Local special circumstances: In EU-27, the Other Sauces Market is heavily influenced by the region's diverse culinary traditions and preferences. For instance, countries such as Italy and France have a strong preference for traditional sauces made from fresh ingredients, while in Eastern European countries, there is a higher demand for pre-packaged sauces. Additionally, strict regulations on food safety and labeling in the EU also impact the market, leading to a focus on high-quality and natural ingredients in sauces. These factors contribute to the unique dynamics of the Other Sauces Market in the EU-27, setting it apart from other markets in the global Sauces & Spices Market.
Underlying macroeconomic factors: The growth of the Other Sauces market is also influenced by macroeconomic factors such as consumer spending levels, trade policies, and agricultural production. Countries with stable economies and strong demand for ethnic cuisines are experiencing higher demand for Other Sauces compared to regions with economic uncertainties and limited access to international markets. Additionally, the rise of health-conscious consumers and the increasing popularity of plant-based diets worldwide are driving the demand for healthier and more sustainable sauce options.
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