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Learn moreDec 2020
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The rate of growth in retail current value sales of sauces, dressings and condiments will double during 2020, with COVID-19 the main driver. Consumers have been seeking to stock up on essentials and cooking more meals at home due to the pandemic.
In general, retail current value sales growth in sauces, dressings and condiments is driven by premiumisation for more mature offerings, such as mayonnaise and pickled products, while emerging products like chilli and oyster sauce usually relate to international cuisine and are characterised by relatively high prices and limited demand. Nonetheless, the influence of international cuisine, particularly Asian street food, is increasingly noticeable in sauces, dressings and condiments, with soy sauces and oyster sauces among the top performers during the review period.
Since it acquired the Spilva brand in 2015, Orkla Foods Latvija SIA has strengthened its leadership position in sauces, dressings and condiments. The Spilva brand is widely recognised and respected by local consumers and strongly backed by marketing.
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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 Latvia 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 Latvia, our research will save you time and money while empowering you to make informed, profitable decisions.
The Sauces, dressings and condiments in Latvia market research report includes:
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Why buy this report?
This industry report originates from Passport, our Packaged Food market research database.
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.