Overall, sauces dips and condiments is expected to grow across the forecast period, with moderate volume growth in the upcoming years. However, due to high inflation levels, consumers may switch to areas such as pasta sauces, other sauces, stock cubes, ketchup, mayonnaise, mustard and dressings from cheaper brands, or private label players.
New entrants focused on flavour innovation will help drive growth in sauces, dips and condiments over the forecast period. The end of the review period already welcomed some new artisanal products and domestic flavours that piqued consumer interest.
Over the forecast period, more brands are expected to innovate with packaging formats in sauces, dips and condiments, with the stand-up pouch format anticipated to gain traction. Typically, small flexible packages are more prevalent at the lower end of sauces, dips and condiments, as they allow lower unit prices, while glass and plastic containers are seen at the upper end.
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Understand the latest market trends and future growth opportunities for the Sauces, Dips and Condiments industry in Guatemala with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Sauces, Dips and Condiments industry in Guatemala, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
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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