Tomato Ketchup - Burundi | Statista Market Forecast

Revenue in the Tomato Ketchup market amounts to US$5.02m in 2024. The market is expected to grow annually by 8.88% (CAGR 2024-2029).
In global comparison, most revenue is generated United States (US$6bn in 2024).
In relation to total population figures, per person revenues of US$0.37 are generated in 2024.
In the Tomato Ketchup market, volume is expected to amount to 3.81m kg by 2029. The Tomato Ketchup market is expected to show a volume growth of 3.2% in 2025.0.
The average volume per person in the Tomato Ketchup market is expected to amount to 0.2kg in 2024.

Definition:

The Tomato Ketchup market covers sauces that are largely derived from tomatoes. It is frequently used as the foundation for other sauces as well as a topping or component in many different types of food, including pasta, pizza, and soups.

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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Tomato ketchup
Tomato-based sauces similar to ketchup
Tomato sauces
Sieved tomatoes
No added sugar tomato ketchup, flavored tomato ketchup

Other sauces (e.g. chutneys, soya sauce, mayonnaise, mustard)
Out-of-home consumption

The Tomato Ketchup market in Burundi is seeing minimal growth due to factors such as limited consumer awareness and traditional preference for homemade sauces. Despite the convenience of online purchasing, the growth rate remains low.

Customer preferences: With the rise in health consciousness and increasing awareness about the harmful effects of artificial ingredients, consumers are gravitating towards organic and natural options in the Tomato Ketchup Market. This trend is driven by a cultural emphasis on clean eating and a preference for locally sourced, sustainable products. Additionally, there has been a growing demand for low-sugar and gluten-free options, catering to the evolving dietary preferences of consumers.

Trends in the market: In Burundi's Tomato Ketchup Market, there is a noticeable trend towards healthier and more diverse product offerings. This is reflected in the introduction of organic and low-sugar ketchup options, as well as the incorporation of local ingredients and traditional flavors. These trends align with the growing consumer demand for healthier and more sustainably sourced food products. As such, industry stakeholders should continue to focus on innovation and differentiation in order to remain competitive in this evolving market. Additionally, there is potential for partnerships with local farmers and suppliers to further enhance the authenticity and sustainability of these products.

Local special circumstances: In Burundi, the Tomato Ketchup market is heavily influenced by the country's agricultural landscape and local culinary preferences. With a strong focus on farming, the market for locally-grown tomatoes is a major contributor to the production of ketchup. Additionally, Burundian cuisine is known for its use of spicy and tangy flavors, making tomato ketchup a popular condiment. Furthermore, the country's strict regulations on food imports have created a demand for locally-produced ketchup, providing a competitive advantage to domestic brands.

Underlying macroeconomic factors: The Tomato Ketchup Market of the Sauces & Spices Market within The Food market in Burundi is impacted by several macroeconomic factors. The country's economic health, global economic trends, and fiscal policies all play a role in shaping the market's performance. Burundi's economy has been heavily reliant on agriculture, and as such, the growth of the tomato ketchup market is heavily influenced by the country's agricultural policies and production levels. Additionally, global trends in health and wellness have spurred an increasing demand for healthy and natural food products, leading to a rise in the consumption of tomato ketchup. The government's efforts to promote sustainable farming practices and increase investment in the food sector have also positively impacted the market's growth. However, the country's political instability and low per capita income levels have hindered market growth to some extent. Overall, the tomato ketchup market in Burundi is expected to witness steady growth in the coming years, driven by favorable economic policies and increasing demand for healthy food products.

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.