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Opportunities in the Asia-Pacific Seasonings, Dressings & Sauces Sector: Analysis of Opportunities Offered by High Growth Economies

Opportunities in the Asia-Pacific Seasonings, Dressings & Sauces Sector: Analysis of Opportunities Offered by High Growth Economies

Summary

Global Seasonings, Dressings & Sauces sector was valued at US$99,510.3 Million in 2016 and is forecasted to record a CAGR of 5.4% during 2016-2021 to reach US$129,618.7 Million by 2021. Asia-Pacific, with a value share of 36.8% in the global SDS sector in 2016, represents the largest regional market with value sales in the region forecasted to grow at a CAGR of 8.2% during 2016-2021. Growing busy lifestyles in a majority of the fast developing Asia-Pacific countries and growing participation of women in the workforce are expected to drive the demand for convenient solutions to add flavor to meals.

Asia-Pacific is the largest SDS market in the world, accounting for US$36,644.5 Million in 2016 and is forecasted to reach US$54,397 Million in 2021. Condiment Sauces is the largest market within the sector accounting for US$ 14,766.4 (40.3% of the overall SDS sector) in 2016 and is expected to reach US$22,774.4 Million in 2021, growing at a CAGR 9.1%. At a country level, China alone accounts for 46.2% of this market, followed by Japan and Indonesia. Condiment Sauces is followed by the Herbs, Spices & Seasonings and Dressings markets with shares of 13.4% and 12.4% in 2016.

Based on the relative performance of countries on multiple metrics, New Zealand, Japan, Malaysia, and China were shortlisted as high potential countries primarily owing to the large SDS sector size, projected high value growth rates, and projected rising per capita value growth levels. Japan is the largest contributor in terms of market value as of 2016, while China is forecasted to witness the highest CAGR of 12.0% during 2016-2021. Rising income levels and growing urbanization in the developing economies of the region are driving the growth of SDS market.

The Health & Wellness SDS market stood at US$1,214.5 Million in 2016, accounting for 3.3% of the Asia-Pacific SDS sector and is forecasted to reach US$1,715 Million witnessing a CAGR of 7.1%. Growing concerns over the intake of salt and sugar, and rising incidences of kidney diseases and diabetes drive consumers towards H&W products. Also, government regulations on food labeling increases consumer awareness, further were driving the growth of H&W products.

Hypermarkets & Supermarkets was the mode of choice in the Asia-Pacific SDS sector, amounting to a 59.2% distribution channel share, followed by convenience stores with a 19.5% share in 2016. Among the high potential countries, Malaysia has the highest share of Hypermarkets & Supermarkets with an 81.5% share, followed by New Zealand and China with 73.3% and 70.1% shares respectively. However, Japan has a relatively lower share of Hypermarkets & Supermarkets at 46.7% and Convenience Stores at 29.3%.

The report Opportunities in the Asia-Pacific Seasonings, Dressings & Sauces Sector: Analysis of Opportunities Offered by High Growth Economies, provide a comprehensive overview of the Asia-Pacific Seasonings Dressings & Sauces sector.

In particular, this report provides the following analysis -

  • Market overview: Includes sector size, market size and growth analysis by markets.
  • Change in consumption: Provides a shift in the consumption of Seasonings, Dressings & Sauces by markets across different countries in the Asia-Pacific region.
  • High potential countries: Provides Risk-Reward analysis of 12 countries across the Asia-Pacific region based on market assessment, economic development, socio-demographic, governance indicators, and technological infrastructure. Out of 12, a total of 4 high potential countries are shortlisted.
  • Health & Wellness analysis: Provides insights on the Health & Wellness products in terms of value and percentage share in the overall Seasonings, Dressings & Sauces sector during 2011-2021. The analysis includes key Health & Wellness attributes and consumer benefits driving the sales of Seasonings, Dressings & Sauces in 2016. It also covers the market share of leading companies offering Seasonings, Dressings & Sauces with health and wellness attributes in the same year.
  • Brand Analysis: Provides an overview of leading brands in Asia-Pacific region, besides analyzing the growth of Private Label in the region.
  • Key distribution channels: Provides analysis on the leading distribution channels in the SDS sector in 2016. It covers five distribution channels - Hypermarkets & Supermarkets, Convenience Stores, Food & Drinks Specialists, Department Stores, e-Retailers, Cash & Carries and Warehouse Clubs, Dollar Stores and Other channels.
  • Preferred packaging formats: The report provides percentage share (in 2016) and growth analysis (during 2011-2021) for various packaging materials, container, closure, and outer types based on the volume sales (by pack units) of Seasonings, Dressings & Sauces.
Companies mentioned in this report: Unilever, Kraft Heinz, Shanghai Totole, Mars, Lee Kum Kee, Kikkoman, Kewpie, Foshan Haitian, Amoy Foods, Ajinomoto Group.

Scope

This report brings together multiple data sources to provide a comprehensive overview of the Asia-Pacific Seasonings Dressings & Sauces sector. It includes analysis on the following -
  • Market overview: Includes sector size, market size and growth analysis by markets .
  • Change in consumption: Provides a shift in the consumption of Seasonings, Dressings & Sauces by markets across different countries in the Asia-Pacific region.
  • High potential countries: Provides Risk-Reward analysis of 12 countries across the Asia-Pacific region based on market assessment, economic development, socio-demographic, governance indicators, and technological infrastructure. Out of 12, a total of 4 high potential countries are shortlisted.
  • Health & Wellness analysis: Provides insights on the Health & Wellness products in terms of value and percentage share in the overall Seasonings, Dressings & Sauces sector during 2011-2021. The analysis includes key Health & Wellness attributes and consumer benefits driving the sales of Seasonings, Dressings & Sauces in 2016. It also covers the market share of leading companies offering Seasonings, Dressings & Sauces with health and wellness attributes in the same year.
  • Brand Analysis: Provides an overview of leading brands in Asia-Pacific region, besides analyzing the growth of Private Label in the region.
  • Key distribution channels: Provides analysis on the leading distribution channels in the SDS sector in 2016. It covers five distribution channels - Hypermarkets & Supermarkets, Convenience Stores, Food & Drinks Specialists, Department Stores, e-Retailers, Cash & Carries and Warehouse Clubs, Dollar Stores and Other channels.
  • Preferred packaging formats: The report provides percentage share (in 2016) and growth analysis (during 2011-2021) for various packaging materials, container, closure, and outer types based on the volume sales (by pack units) of Seasonings, Dressings & Sauces.
Reasons to buy
  • Manufacturing and retailers seek latest information on how the market is evolving to formulate their sales and marketing strategies. There is also demand for authentic market data with a high level of detail. This report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities of growth within the sector in the APAC region.
  • The report provides a detailed analysis of the high potential countries in the region, covering the key challenges, competitive landscape and demographic analysis , that can help companies gain insight into the country specific nuances
  • The analysts have also placed a significant emphasis on the key trends that drive consumer choice and the future opportunities that can be explored in the region, than can help companies in revenue expansion
  • To gain competitive intelligence about leading brands in the sector in the region with information about their market share and growth rates


  • Executive Summary
  • Market size and growth analysis
    • Market Size Analysis - Asia-Pacific compared to other regions
      • Table Regional comparison: Market size, growth, and per capita analysis, 2016-2021
    • Growth Analysis by Region
    • Growth Analysis by Country
    • Growth Analysis by Market
  • Identifying High Potential Countries in Asia-Pacific
    • High potential countries in Asia-Pacific
    • Analyzing high potential countries in Asia-Pacific - Methodology
    • Risk, reward and opportunity analysis of Asia-Pacific countries
  • Market size and growth analysis
    • High potential countries in Asia-Pacific - Overview
    • Growth Contribution Analysis by Country
    • Share of Seasonings, Dressings & Sauces compared to other Food sectors
    • Change in consumption levels by country and Seasonings, Dressings & Sauces markets
    • Per Capita Consumption Analysis
  • High Potential Country Analysis: Asia-Pacific
    • New Zealand
      • Seasonings, Dressings & Sauces in New Zealand - Overview
        • Table % Value Share, 2016
      • Seasonings, Dressings & Sauces in New Zealand - Demographic Analysis
      • Seasonings, Dressings & Sauces in New Zealand - Key trends
    • Japan
      • Seasonings, Dressings & Sauces in Japan - Overview
        • Table Overview % Value Share, 2016
      • Seasonings, Dressings & Sauces in Japan - Demographic Analysis
      • Seasonings, Dressings & Sauces in Japan - Key trends
    • Malaysia
      • Seasonings, Dressings & Sauces in Malaysia - Overview
        • Table Overview % Value Share, 2016
      • Seasonings, Dressings & Sauces in Malaysia - Demographic analysis
      • Seasonings, Dressings & Sauces in Malaysia - Key trends
    • China
      • Seasonings, Dressings & Sauces in China- Overview
        • Table Overview Key markets value share, 2016
      • Seasonings, Dressings & Sauces in China - Demographic analysis
      • Seasonings, Dressings & Sauces in China - Key trends
  • Success Stories
    • About Case Studies
    • Case Study: Specially Selected Gourmet Pasta Sauce Toscana
    • Case Study: Mother's Recipe Rajasthan Sweet Lime Pickle
    • Case Study: Kikkoman Special Selection Organic Soy Sauce
  • Company and Brand Analysis
    • Brand Share Analysis in the SDS Sector
    • Leading companies in Asia-Pacific's SDS sector
    • Leading brands in Asia-Pacific's Seasonings, Dressings & Sauces sector
    • Private Label penetration in the Seasonings, Dressings & Sauces sector
  • Health & Wellness Analysis
    • Health & Wellness Analysis - Overview
      • Table Health & Wellness value and its share in overall sales, 2011-2021
    • Health & Wellness market growth analysis by country
      • Health & Wellness Analysis - Key product attributes and consumer benefits
    • Health & Wellness Analysis - Key Product Attributes and Consumer Benefits
    • Health & Wellness Analysis - Key Product Attributes and Consumer Benefits
    • Leading Health & Wellness companies by market share
  • Key Distribution Channels
    • Leading Distribution Channels by countries
      • Table Leading Distribution Channels in Asia-Pacific by countries, 2016
    • Leading Distribution Channels by markets
      • Table Leading Distribution Channels in Asia-Pacific region by markets, 2016
      • Table Leading Distribution Channels in Asia-Pacific region by markets, 2016
      • Table Leading Distribution Channels in Asia-Pacific region by markets, 2016
  • Key Packaging Formats
    • Growth analysis by key packaging material and container type
    • Growth analysis by closure type and outers
  • Challenges and Future Outlook
    • Key Challenges
    • Future Outlook - Asia-Pacific
  • Appendix
    • Table Global - SDS Sales, by Region - Value (US$ million)
    • Table Global SDS Sales, by Region- Volume (Kg Million)
    • Table Growth Analysis, by Country- Value (US$ million)
    • Table Growth Analysis, by Country- Volume (Kg Million)
    • Table Market Growth Analysis, by Country - Bouillons & Stocks (US$ Million)
    • Table Market Growth Analysis, by Country -Chutneys & Relishes (US$ Million)
    • Table Market Growth Analysis, by Country -Condiment Sauces (US$ Million)
    • Table Market Growth Analysis, by Country - Dips (US$ Million)
    • Table Market Growth Analysis, by Country - Dressings (US$ Million)
    • Table Market Growth Analysis, by Country - Dry Cooking Sauces (US$ Million)
    • Table Market Growth Analysis, by Country - Herbs, Spices & Seasonings (US$ Million)
    • Table Market Growth Analysis, by Country - Tomato pastes and purées (US$ Million)
    • Table Market Growth Analysis, by Country - Wet Cooking Sauces (US$ Million)
    • Table Market Growth Analysis, by Country - Bouillons & Stocks (Kg Million)
    • Table Market Growth Analysis, by Country -Chutneys & Relishes (Kg Million)
    • Table Market Growth Analysis, by Country -Condiment Sauces (Kg Million)
    • Table Market Growth Analysis, by Country - Dips (Kg Million)
    • Table Market Growth Analysis, by Country - Dressings (Kg Million)
    • Table Market Growth Analysis, by Country - Dry Cooking Sauces (Kg Million)
    • Table Market Growth Analysis, by Country - Herbs, Spices & Seasonings (Kg Million)
    • Table Market Growth Analysis, by Country - Tomato pastes and purées (Kg Million)
    • Table Market Growth Analysis, by Country - Wet Cooking Sauces (Kg Million)
    • Table Global - Brands vs. Private Label Value (2016, US$ million)
    • Table Asia-Pacific- Brands vs. Private Label Value (2016, US$ million)
    • Table Asia-Pacific- Brands vs. Private Label Value, by Country (2016, US$ million)
    • Table Asia-Pacific Top 5 Brands value sales, Bouillons & Stocks (US$ million)
    • Table Asia-Pacific Top 5 Brands value sales, Chutneys & Relishes (US$ million)
    • Table Asia-Pacific Top 5 Brands value sales, Condiment Sauces (US$ million)
    • Table Asia-Pacific Top 5 Brands value sales, Dips (US$ million)
    • Table Asia-Pacific Top 5 Brands value sales, Dressings (US$ million)
    • Table Asia-Pacific Top 5 Brands value sales, Dry Cooking Sauces (US$ million)
    • Table Asia-Pacific Top 5 Brands value sales, Herbs, Spices & Seasonings (US$ million)
    • Table Asia-Pacific Top 5 Brands value sales, Tomato pastes and purées (US$ million)
    • Table Asia-Pacific Top 5 Brands value sales, Wet Cooking Sauces (US$ million)
    • Table Health & Wellness product attribute analysis for Asia-Pacific
    • Table Health & Wellness consumer benefit attribute analysis for Asia-Pacific
    • Table Leading Distribution Channels in the Asia-Pacific region, 2016
    • Table Volume Growth by Packaging Material (2011-2021)
    • Table Volume Growth by Container Type (2011-2021)
    • Table Volume Growth by Closure Type (2011-2021)
    • Table Volume Growth by Outer Type (2011-2021)
  • Trends Definitions
    • GlobalData's TrendSights Framework
    • GlobalData has identified eight mega-trends that can be broken down into 63 trends
    • Definitions - Trends: Health & Wellness
    • Definitions - Trends: Sensory & Indulgence
    • Definitions - Trends: Comfort & Uncertainty
    • Definitions - Trends: Sustainability & Ethics
    • Definitions - Trends: Individualism & Expression
    • Definitions - Trends: Smart & Connected
    • Definitions - Trends: Easy & Affordable
  • About Global Data

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