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Other Sauces - Niger

Niger
  • Revenue in the Other Sauces market amounts to US$71.59m in 2024. The market is expected to grow annually by 7.75% (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$2.54 are generated in 2024.
  • In the Other Sauces market, volume is expected to amount to 40.55m kg by 2029. The Other Sauces market is expected to show a volume growth of 6.6% in 2025.0.
  • The average volume per person in the Other Sauces market is expected to amount to 1.1kg 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 Niger is experiencing subdued growth due to factors such as limited consumer awareness and lower disposable income. Despite being a part of the lucrative Sauces & Spices Market within The Food market, the growth rate of this market is impacted by the slow adoption of digital technologies and lack of convenience in online purchasing.

Customer preferences:
As consumers become more health-conscious, there is a growing demand for healthier and more nutritious options in the Other Sauces Market of the Sauces & Spices Market within The Food market. This has led to a rise in the popularity of plant-based and organic sauces, as well as sauces with reduced sugar, salt, and preservatives. Additionally, there is a shift towards global flavors and exotic ingredients, as consumers seek new and unique flavor experiences. This trend is fueled by a growing interest in international cuisines and a desire for more diverse and adventurous taste profiles.

Trends in the market:
In Niger, the Other Sauces Market of the Sauces & Spices Market within The Food market is experiencing a rise in demand for traditional sauces, such as peanut and tomato-based sauces, as they are considered healthy and flavorful options. This trend is driven by the growing health consciousness among consumers and the availability of locally sourced ingredients. As a result, industry stakeholders are focusing on expanding their production and distribution capabilities to meet the increasing demand. Additionally, there is a rising interest in fusion sauces, incorporating global flavors into traditional sauces, to cater to the evolving palates of consumers. This trend is expected to continue in the coming years, presenting opportunities for innovation and growth in the Other Sauces Market.

Local special circumstances:
In Niger, the Other Sauces Market of the Sauces & Spices Market within The Food market is heavily influenced by the country's traditional cuisine. Nigerien dishes often feature a variety of sauces made from local ingredients such as peanuts, tomatoes, and onions. This local preference for sauces with bold and complex flavors sets the Other Sauces Market apart from other markets. Additionally, the limited access to imported goods in Niger has led to a thriving market for locally made sauces, creating a unique competitive landscape in the country. Overall, the traditional and locally-focused nature of the Nigerien market greatly impacts the demand and supply dynamics of the Other Sauces Market.

Underlying macroeconomic factors:
The Other Sauces Market of the Sauces & Spices Market within The Food market is also impacted by macroeconomic factors, such as changing consumer preferences, economic growth, and government regulations. Countries with favorable trade policies and stable economic conditions are likely to experience higher market growth compared to regions with political instability and trade barriers. Additionally, the growing trend of international cuisine and the increasing demand for healthier and organic food products are contributing to the growth of the Other Sauces Market in Niger and other countries.

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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