Sauces, dips and condiments will register muted constant value and volume growth over the forecast period. As inflation is predicted to continue to rise, this will dampen overall value growth and there will be a degree of trading down to cheaper brands and cheaper products and less focus on premiumisation.
Sauces, dips and condiments with a healthier positioning witnessed rising sales at the end of the review period and this is set to continue to see positive performances over the forecast period. Such products will benefit from their current low penetration, as well as the healthy eating trend.
Higher income consumers will continue to be interested in trying new exotic flavours. Such consumers will show an interest in cuisines from around the world, which will boost demand for cooking sauces for example.
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Sauces, Dips and Condiments
This is the aggregation of cooking ingredients and condiments, dips, pickled products, sauces, yeast-based spreads, and other sauces, dips and condiments. Excludes: Unpackaged/bulk sauces, dressings and condiments, such as unpackaged herbs and spice or instances where consumers bring an empty contained to be (re)filled. Excludes: Table salt, vinegar, baking ingredients, desiccated coconut, and cooking cream/milk/powder for cooking and baking.See All of Our Definitions
This report originates from Passport, our Sauces, Dips and Condiments research and analysis database.
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