Tomato Ketchup - Niger | Statista Market Forecast

Revenue in the Tomato Ketchup market amounts to US$18.64m in 2024. The market is expected to grow annually by 8.12% (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$0.66 are generated in 2024.
In the Tomato Ketchup market, volume is expected to amount to 19.13m kg by 2029. The Tomato Ketchup market is expected to show a volume growth of 7.3% in 2025.0.
The average volume per person in the Tomato Ketchup market is expected to amount to 0.5kg 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 Niger is experiencing subdued growth due to factors such as low consumer awareness, limited access to digital technologies, and the preference for traditional cooking methods. Despite this, the market is expected to grow due to increasing demand for convenience and expanding food industry.

Customer preferences: In Niger, there has been a shift towards healthier food options, with consumers increasingly seeking out organic and locally sourced ingredients. This trend is reflected in the Tomato Ketchup Market of the Sauces & Spices Market within The Food market, as more people are opting for all-natural and preservative-free ketchup options. This is driven by a growing awareness of the health benefits of consuming clean and minimally processed foods, as well as a desire to support local producers and reduce the carbon footprint of food products.

Trends in the market: In the Tomato Ketchup Market of the Sauces & Spices Market within The Food market, there is a growing trend of using healthier and more natural ingredients, as consumers are becoming more health-conscious. This has led to an increase in demand for organic and low-sugar ketchup options. In addition, there is a rising interest in plant-based and vegan options, as well as ketchup alternatives such as salsa and hot sauce. These trends are significant as they reflect a shift towards healthier eating habits and a greater focus on sustainability. For industry stakeholders, this means the need to adapt and innovate in order to meet these changing consumer preferences and stay competitive in the market.

Local special circumstances: In Niger, the Tomato Ketchup market is heavily influenced by the country's agricultural practices and climate. The majority of tomatoes used for ketchup production are grown locally, resulting in a unique flavor profile compared to ketchup from other markets. Additionally, the local demand for spicy and savory flavors has led to the development of unique ketchup variations, such as hot pepper ketchup. The market is also heavily regulated, with strict quality standards and labeling requirements, ensuring the safety and authenticity of products. These factors contribute to the dynamic and diverse Tomato Ketchup market in Niger.

Underlying macroeconomic factors: The Tomato Ketchup Market in Niger is heavily influenced by macroeconomic factors such as global economic trends, national economic health, fiscal policies, and financial indicators. The market is impacted by the country's economic stability, consumer purchasing power, and government regulations. Additionally, the increasing demand for convenient and processed food products, along with the growing population and urbanization, are driving the growth of the Tomato Ketchup Market in Niger. However, challenges such as limited infrastructure and technological advancements may hinder market growth. Furthermore, the rising trend of healthy eating and awareness of the harmful effects of processed foods may also impact the market in the long term.

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.