Condiments & Dressings Market Research Reports & Industry Analysis
Condiments and dressings, which also include sauces and seasonings, are highly popular throughout the United States and the world. This category often encompasses salsas, pasta sauce, mustard, ketchup, mayonnaise, oils, vinegars, salad dressings, relishes, herbs, spices, seasoning mixes, jams, jellies, conserves, honey and syrups. This popularity of these products helps to push the success of the seasoning, sauce and condiment category globally.
Statistics show that U.S. sales of all condiments, dressings and marinades amounted to nearly $11 billion in 2013, which is a boost from about $91.5 billion in 2012. Specialty condiments have also experienced growth in the United States. Sales grew from about $1.5 billion in 2012 to nearly 1.6 billion in 2013. In the U.S., Unilever held the lead position in retail sales of sauces, dressings and condiments with a value share of 9% in 2014. The company’s major brands include Hellman’s, Wish-Bone and Knorr. Research shows that the sauces, dressings and condiments category saw steady growth from 2007 to 2012, largely due to cost-conscious consumers who opted to eat at home following the recession. As the U.S. economy continues to strengthen, consumers are expected to spend more money dining out. But despite the projected shift, consumer demand is expected to remain high for products in this category. MarketResearch.com offers a comprehensive collection of reports to help your company capitalize on trends that shape the condiments category. You can explore forecasted market data, new product introductions, mergers and acquisitions and monthly news and events to get a well rounded take on this market.