PROSPECTS AND OPPORTUNITIES
Retail volume growth set to remain stable
Sauces, dips and condiments is projected will see further stable retail volume growth over the forecast period. It is a mature category, but it is also subject to a very high degree of product innovation and strong underlying trends, such as convenience, indulgence (restaurant-at-home), exotic flavours, healthier products and locally sourced alternatives.
Category holds much room for further development
Despite being a highly mature category, sauces, dips and condiments hold a lot of growth potential. This is especially so within the sauces segment, for products such as pasta sauces, barbecue sauces, soy sauces and chili sauces, as well as an in salad dressings.
Mexican food trend will gather pace
Mexican food is benefitting from rising demand for more authentic or restaurant-style variants, impacting imported and local producers including Luchito and Como Mexico from Matcompaniet, El Yucateco from Oluf Lorentzen, and El Taco Truck from Conaxess Trade. El Taco Truck is a Swedish brand that started as a food truck and introduced a range of highly recognisable Mexican products (like salsa, jalapeno sauce, spice mix) in pink packaging.
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Overview:
Understand the latest market trends and future growth opportunities for the Sauces, Dips and Condiments industry in Norway 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 Norway, 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 Norway 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 Norway?
- Which are the leading brands in Sauces, Dips and Condiments in Norway?
- How are products distributed in Sauces, Dips and Condiments in Norway?
- 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 Norway?
- 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 Norway - Category analysis
KEY DATA FINDINGS
Growth returning to pre-pandemic patterns
Private label makes modest gains
Convenience, restaurant-at-home, and exotic flavours trends combine to push progress
Retail volume growth set to remain stable
Category holds much room for further development
Mexican food trend will gather pace
Cooking Ingredients and Meals in Norway - Industry Overview
Cooking ingredients and meals in 2024: The big picture
Key trends in 2024
Competitive landscape
Channel developments
What next for cooking ingredients and meals?
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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