COMPETITIVE LANDSCAPE
Nestlé’s retains leadership with Maggi
Nestlé Ecuador SA holds a dominant position in the local sauces, dips and condiments market, with its flagship brand, Maggi, enjoying an extraordinary level of penetration and brand awareness. In fact, any Ecuadorian consumers perceive Maggi as almost a national brand, reflecting the deep cultural attachment and trust that it has established over many years.
Branded players face growing pressure from private label expansion
Private Label has emerged as the fastest-growing competitor in sauces, dips and condiments in Ecuador, driven by consumer demand for affordable alternatives during times of economic pressure. Shoppers increasingly recognise that the perceived quality of private label products is comparable to that of established brands, particularly since well-known manufacturers such as Los Andes often produce these lines for local retailers.
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Overview:
Understand the latest market trends and future growth opportunities for the Sauces, Dips and Condiments industry in Ecuador with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
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 Ecuador, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Sauces, Dips and Condiments in Ecuador report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Sauces, Dips and Condiments in Ecuador?
- Which are the leading brands in Sauces, Dips and Condiments in Ecuador?
- How are products distributed in Sauces, Dips and Condiments in Ecuador?
- How is the rise of e-commerce and/or the expansion of modern grocery retail impacting traditional retail?
- What are the key health and wellness concerns driving, or challenging, sales in Sauces, Dips and Condiments?
- How significant are vegan and vegetarian dietary requirements in determining sales growth in Ecuador?
- How has COVID-19 impacted consumer demand? To what extent have lockdown, home seclusion and stockpiling boosted sales? Will the longer term economic repercussions of the pandemic stimulate or suppress future growth?
- Where is future growth expected to be most dynamic?
- How significant will values-based claims, such as sustainability and ethical labelling, be in supporting future growth and brand equity?
Sauces, Dips and Condiments in Ecuador - Category analysis
KEY DATA FINDINGS
Product innovation and interest in home cooking boost sales
Sauces, dips, and condiments benefit from home cooking trends
Versatile ketchup leads growth
Stable growth expected, but expansion will remain limited by low-cost foodservice
Health and wellness could emerge as secondary growth driver for sauces, dips, and condiments
Innovation will present key growth opportunity
Nestlé’s retains leadership with Maggi
Branded players face growing pressure from private label expansion
Supermarkets retain their dominance
Discounters emerges as fastest growing channel
Cooking Ingredients and Meals in Ecuador - Industry Overview
Ecuador's cooking ingredients market evolves with affordability pressures and changing consumer needs
KEY DATA FINDINGS
Market stabilises amid decline palm oil prices
Home-cooking trend sustains growth in sauces, dips, and condiments
Economic pressures drive value-seeking behaviours
Steady but modest growth expected
Smaller family sizes will present new opportunities
Practicality in meal preparation will drive demand for convenient formats
La Fabril maintains leadership despite rising private label competition
Private label emerges as a key growth driver
Supermarkets remains primary channel for cooking ingredients and meals
Discounters attract price-sensitive shoppers
COUNTRY REPORTS DISCLAIMER
The following categories and subcategories are included:
Sauces, Dips and Condiments
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- Liquid Stocks and Fonds
- Stock Cubes and Powders
- Gravy Cubes, Powders and Pots
- Monosodium Glutamate
- Herbs and Spices
- Tomato Pastes and Purées
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- Liquid Recipe Sauces (excl pasta sauces)
- Dry Recipe Sauces
- Pasta Sauces
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- Barbecue Sauces
- Fish Sauces
- Ketchup
- Mayonnaise
- Mustard
- Oyster Sauces
- Salad Dressings
- Soy Sauces
- Chili Sauces
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- Dips
- Yeast-based Spreads
- Pickled Products
- Other Sauces and Condiments
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 definitionsWhy 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 report originates from Passport, our Sauces, Dips and Condiments research and analysis database.
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