Executive Summary

Jan 2019
PROSPECTS
Sauces, dressings and condiments gains more traction from foodservice

With consumers dining out more and increasing their demand for food delivery during both their leisure time and overtime working, consumer foodservice continued to see healthy expansion in 2018. The delicacies and time-saving offered by foodservice can hardly be both met by home cooking.

Clean label is increasingly emphasised in soy sauces

As one of the most mature sauce types in China, low-quality blended soy sauce produced by rapid fermenting has been largely eliminated. With the rising demand for natural and pure, reassuring food, high-quality fermented soy sauce has great appeal, represented by clean label products.

Industrial upgrading underpins the growth of pickled products

Pickles was a heated term in 2017-2018, because the outlook of prosperity for such inferior goods could be taken as an unhappy economic indicator. In normal circumstances, consumers reduce their consumption when they become poorer, but raise the demand for inferior goods during hard times.

COMPETITIVE LANDSCAPE
New retailing brings vitality into China’s time-honoured brands

At the beginning of 2017, Tmall.com from Alibaba Group initiated the China Time-honoured Brands programme, aiming to help these local brands boost their sales, backed by big data analysis and precision marketing, followed by the opening of the China Time-honoured flagship store on JD.

Foshan Haitian Flavouring & Food Ltd remains the standout leading player

With powerful nationwide distribution channels, the leading position of Foshan Haitian Flavouring & Food Ltd is unshakable. It continued to be consolidated during 2018.

Synergy effect among channels boosts sales for Sichuan Haidilao Foodservice Co Ltd

As one of the leading players in the hot pot foodservice industry, Haidilao is a brand that has established a profound reputation. Based on this, Haidilao is constantly expanding its business scope, by splitting business units and operating on a multichannel basis.

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Sauces, Dressings and Condiments in China

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Overview

Discover the latest market trends and uncover sources of future market growth for the Sauces, dressings and condiments industry in China with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Sauces, dressings and condiments industry in China, our research will save you time and money while empowering you to make informed, profitable decisions.

The Sauces, dressings and condiments in China market research report includes:

  • Analysis of key supply-side and demand trends
  • Detailed segmentation of international and local products
  • Historic volumes and values, company and brand market shares
  • Five year forecasts of market trends and market growth
  • Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

  • What is the market size of Sauces, dressings and condiments in China?
  • What are the major brands in China?
  • Will retail sales suffer as economic prospects improve and consumers move back to eating out rather than eating at home?
  • How much are consumers willing to pay for convenience?
  • What are sales opportunities for healthier products (ie, low-fat, low-salt)?

Why buy this report?

  • Gain competitive intelligence about market leaders
  • Track key industry trends, opportunities and threats
  • Inform your marketing, brand, strategy and market development, sales and supply functions

This industry report originates from Passport, our Packaged Food market research database.

Sauces, Dressings and Condiments in China - Category analysis

HEADLINES

PROSPECTS

Sauces, dressings and condiments gains more traction from foodservice
Clean label is increasingly emphasised in soy sauces
Industrial upgrading underpins the growth of pickled products

COMPETITIVE LANDSCAPE

New retailing brings vitality into China’s time-honoured brands
Foshan Haitian Flavouring & Food Ltd remains the standout leading player
Synergy effect among channels boosts sales for Sichuan Haidilao Foodservice Co Ltd

CATEGORY DATA

Table 1 Sales of Sauces, Dressings and Condiments by Category: Volume 2013-2018
Table 2 Sales of Sauces, Dressings and Condiments by Category: Value 2013-2018
Table 3 Sales of Sauces, Dressings and Condiments by Category: % Volume Growth 2013-2018
Table 4 Sales of Sauces, Dressings and Condiments by Category: % Value Growth 2013-2018
Table 5 Sales of Cooking Sauces by Type: % Value 2013-2018
Table 6 NBO Company Shares of Sauces, Dressings and Condiments: % Value 2014-2018
Table 7 LBN Brand Shares of Sauces, Dressings and Condiments: % Value 2015-2018
Table 8 Distribution of Sauces, Dressings and Condiments by Format: % Value 2013-2018
Table 9 Forecast Sales of Sauces, Dressings and Condiments by Category: Volume 2018-2023
Table 10 Forecast Sales of Sauces, Dressings and Condiments by Category: Value 2018-2023
Table 11 Forecast Sales of Sauces, Dressings and Condiments by Category: % Volume Growth 2018-2023
Table 12 Forecast Sales of Sauces, Dressings and Condiments by Category: % Value Growth 2018-2023

Packaged Food in China - Industry Overview

EXECUTIVE SUMMARY

Packaged food grows steadily mainly thanks to convenience, premiumisation and health trends
Packaged food posts steady current value growth in 2018, with the young generation being particularly targeted
Leading players consolidate their positions while other players shine in niches
Internet retailing and convenience stores continue to gain share
Packaged food is set for steady current value growth

FOODSERVICE

Sales to Foodservice
Rising health-awareness underpins sales of healthy food in foodservice
Foodservice-customised packaged food is on the rise
Foodservice is more concentrated than retail
Consumer Foodservice
The preference for light food is reshaping consumer foodservice
Changing consumer habits underpin the growth of consumer foodservice

CATEGORY DATA

Table 13 Foodservice Sales of Packaged Food by Category: Volume 2013-2018
Table 14 Foodservice Sales of Packaged Food by Category: % Volume Growth 2013-2018
Table 15 Forecast Foodservice Sales of Packaged Food by Category: Volume 2018-2023
Table 16 Forecast Foodservice Sales of Packaged Food by Category: % Volume Growth 2018-2023

MARKET DATA

Table 17 Sales of Packaged Food by Category: Volume 2013-2018
Table 18 Sales of Packaged Food by Category: Value 2013-2018
Table 19 Sales of Packaged Food by Category: % Volume Growth 2013-2018
Table 20 Sales of Packaged Food by Category: % Value Growth 2013-2018
Table 21 GBO Company Shares of Packaged Food: % Value 2014-2018
Table 22 NBO Company Shares of Packaged Food: % Value 2014-2018
Table 23 LBN Brand Shares of Packaged Food: % Value 2015-2018
Table 24 Penetration of Private Label by Category: % Value 2013-2018
Table 25 Distribution of Packaged Food by Format: % Value 2013-2018
Table 26 Distribution of Packaged Food by Format and Category: % Value 2018
Table 27 Forecast Sales of Packaged Food by Category: Volume 2018-2023
Table 28 Forecast Sales of Packaged Food by Category: Value 2018-2023
Table 29 Forecast Sales of Packaged Food by Category: % Volume Growth 2018-2023
Table 30 Forecast Sales of Packaged Food by Category: % Value Growth 2018-2023

SOURCES

Summary 1 Research Sources

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