Market Research Report
Seasonings, Dressings and Sauces Global Industry Almanac 2015-2024
|Seasonings, Dressings and Sauces Global Industry Almanac 2015-2024|
Published: March 31, 2021
Content info: 579 Pages
Delivery time: 1-2 business days
Global Seasonings, Dressings & Sauces industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2015-19, and forecast to 2024). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
The seasonings, dressings & sauces market includes the sale of any additives/mixtures added to the food to enhance the flavor such as, wet cooking sauces, dressings, condiment sauces, dips, herbs, spices & seasonings and chutneys & relishes. The market is valued according to retail selling price (RSP) and includes any applicable taxes. All currency conversions used in the creation of this report have been calculated using constant annual average 2019 exchange rates.
The global seasonings, dressings & sauces market had total revenues of US$127.3bn in 2019, representing a compound annual growth rate (CAGR) of 4.8% between 2015 and 2019.
Market consumption volume increased with a CAGR of 2.9% between 2015-2019, to reach a total volume of 31.0 billion kilograms in 2019.
The global rise of urbanization and increasing disposable income are primary factors encouraging the growth of this market.