Sauces, dips and condiments are usually purchased from physical stores as part of the weekly grocery shop. Historically, sales in this category have been driven by flavour; however, discounters such as D1 and wholesale outlets such as Makro have gained significant attention during the last couple of years as a result of ongoing economic uncertainty and the rising cost of living in the country.
Local consumers have become increasingly interested in experiencing new flavours, and this offers scope for innovation and dynamic growth in sauces, dips, and condiments in the years ahead. For example, Maggi recently launched a rice and chicken seasoning mix, while chili sauce players have focused on developing fruit combinations.
Over the forecast period, changes in legislation mean that players will increase investment in healthier and nutritional sauces with a broader array of products containing reduced fat, sugar and salt, as well as those with increased protein content. Brands that reformulate their portfolios rapidly and allow consumers to become accustomed to such products will have a competitive advantage.
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Understand the latest market trends and future growth opportunities for the Sauces, Dips and Condiments industry in Colombia 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 Colombia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
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 DefinitionsThis report originates from Passport, our Sauces, Dips and Condiments research and analysis database.
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