Thanks to its strength in the North American market, where it is a leading player in a number of categories, including ready meals, pickled products and tomato pastes and purées, ConAgra is a top 10 player in cooking ingredients and meals globally. Although it is very heavily exposed to its reliance on a single regional market, ConAgra is expected to continue growing, given the expertise it has within the areas that it operates

Unilever is the number two player in global cooking ingredients and meals, mainly thanks to its leadership of the sauces, dips and condiments category, although it also has a significant presence in meals and soups. Unilever continued to close the gap on leading player Kraft Heinz in 2024, with expectations that it could even overtake it in the coming years.

Sauces, dips and condiments in India is set to maintain retail volume and current value growth in 2024, while foodservice volumes are also expected to continue to increase. The influence of Western culture on the food preferences of Indian consumers is on the rise. With growing exposure to Western dishes in the consumer foodservice industry, consumers are trying to replicate these dishes at home, and the usage of cooking and table sauces such as ketchup and mayonnaise has been on the rise, and t

Sauces, dips and condiments registered modest volume growth in in Algeria 2024, supported by continuing population growth and also the conveniences of buying ready-made sauces, dips and condiments. Tomato pastes and purée, followed by herbs and spices, continued to account for most value sales. Mayonnaise was the most popular table sauces, followed by salad dressing.

In 2024, sauces, dips and condiments in Thailand is expected to maintain stable retail volume growth, driven by flavour innovation, as well as a greater product variety and wider availability. As consumers continue to cook more meals at home, there has been a noticeable rise in demand for these products. Flavour innovations continue to fuel consumer interest, and contribute to growth. This expansion stems from shifting consumer preferences shaped by both local and global flavour trends, encourag

Sauces, dips and condiments in Vietnam is set to demonstrate slow total volume growth in 2024, despite the broader economic uncertainties, largely due to the essential role these products play in daily consumption. Sauces, dips and condiments are considered staple items in Vietnamese households, with their spending on such products not significant enough to prompt drastic changes in consumer habits during tougher economic times. This stability has further been supported by the ability of players

Sauces, dips and condiments saw another year of growth in both retail volume terms in Indonesia in 2024. Sauces remained the biggest contributor to the category’s development, specifically soy sauce products, which are an integral part of many traditional meals, such as nasi goreng (fried rice), satay (grilled skewers), soto (soup), and gado-gado (vegetable salad with peanut sauce).

In January 2024, Osem Food Industries Ltd announced a price rise on its sauces and condiments by 5-8%. Despite the government trying to prevent companies from increasing prices with the threat of being put on a ‘blacklist’, many companies, including Osem Food Industries went through with price increases. In 2023, Osem opted to remove sales and discounts for most of the year, which led to an average price increase of 5% on its products. Price increases resulting from supply chain issues and the r

Sauces, dips, and condiments posted positive growth in Switzerland in 2024, largely owing to the increasing demand for convenience in using prepared sauces instead of making them from scratch. Other factors driving growth included consumers' willingness to experiment with different and exotic dishes, along with the popularity of barbecues in Switzerland during the summer. The positive performance was also attributed to continuous product innovation, focusing on value-added offerings. Notably, se

Inflation and significant price increases of sauces, dips and condiments is affecting consumption habits in 2024. There is a notable shift to economy products and local brands sold at more affordable prices than their international counterparts, as well as shopping during promotions. Indeed, there is growing demand for sauces, dips and condiments from the discounter Aziza. Overall, all categories are recording lower volume growth in 2024 than in the previous year.

Affordability continues to be a defining factor in shaping consumer preferences within the sauces, dips, and condiments category in Cameroon in 2024. This is particularly evident in the demand for packaged herbs, spices, tomato paste, and stock cubes, all of which are staples in the average Cameroonian kitchen. Price sensitivity has intensified, with consumers opting for the most cost-effective solutions to meet their daily culinary needs.

Overall, sauces, dips and condiments is expected to register both healthy constant value and volume growth. However, though general inflation has eased, in April 2024, the 5% VAT on food was reintroduced, after being cut to zero in 2022. This lessened the relief from the overall reduction in inflation in 2024. That being said, core products like ketchup, mustard, and mayonnaise maintain strong demand, with ketchup remaining the leading condiment. To cope with rising costs, many brands are adjust

Sauces, dips, and condiments has faced notable challenges in 2024 due to Nigeria's prevailing economic difficulties, including high inflation. Despite these obstacles, the category has managed to achieve marginal positive volume growth, as many of its products are essential cooking ingredients. However, rising unit prices, following sharp increases in 2023, have forced consumers to adapt their purchasing habits. Price sensitivity remains relatively limited for essential products such as stock cu

Price sensitivity has significantly impacted the category in 2024, with consumers opting for more affordable sauces and condiments. Companies have responded by introducing budget-friendly options, promotions and reducing pack sizes. Sauces from brands like Zesta (Trufoods Ltd) and Peptang (Premier Foods Plc), for instance, are now available in sachets, which are more affordable to consumers seeking value for money.

Moroccan consumers have demonstrated heightened price sensitivity in the sauces, dips, and condiments category in 2024. Stock cubes have emerged as a high-performing area, primarily due to rising prices of herbs and spices, which have driven consumers to seek more affordable alternatives. Stock cubes are perceived as cost-effective substitutes for traditional spice mixes, prompting significant consumer uptake. Manufacturers have capitalised on this trend by launching locally inspired flavours su

Overall, sauces, dips and condiments is expected to register healthy constant value growth in Bosnia and Herzegovina in 2024, as inflation eases significantly. However, volume growth is expected to be minimal due to continuing population decline. Pickled products and herbs and spices continue to account for most value sales. Mayonnaise, ketchup, and to a lesser extent mustard, also maintain strong demand, with mayonnaise being the leading condiment. Dips is expected to register the highest value

In 2023 and 2024, Brazil’s macroeconomic scenario has been marked by a mix of positive and challenging factors. While the country has experienced robust economic growth, driven by a strong labour market and fiscal transfers, consumers and businesses have seen significant challenges from inflationary pressures and rising interest rates. In this context, many Brazilian consumers have adopted a more cautious approach to spending. They are prioritising essential goods and services, focusing on cost-

In 2023, sauces, dips, and condiments in Japan was significantly impacted by rising prices, resulting in a decline in retail volume sales, and this trend is set to be maintained in 2024. With Japan’s population decreasing, and many categories within sauces, dips, and condiments reaching maturity, attracting new consumers has become increasingly unrealistic. Moreover, the challenges of expanding per capita consumption are compounded by population decline, leading to direct reductions in volume sa

Sauces, dips and condiments is set to see a slight rise in retail value sales in current terms in Malaysia in 2024. The Malaysian Government withdrew diesel subsidies during the year, though it continued to provide cash aid to low-income groups to help to maintain consumers’ capacity to spend on essential items, including sauces, dips and condiments. Malaysian consumers typically prefer to cook at home occasionally in order to save on household costs. This provides a strong platform for sales of

Sauces, dips and condiments in North Macedonia has performed well on the whole in 2024, with retail volume growth anticipated to be down marginally on 2023 and the vast majority of categories poised to expand in this respect. Following the spike in the cost of living during the latter part of the review period, the increased tendency of consumers to curb expenditure on eating out and cook for themselves more frequently has continued to lift overall demand. The fact that many people developed a g

After several years of elevated inflation rates in sauces, dips, and condiments, prices experienced a contraction in 2024. The decline in international prices of edible oils significantly contributed to the price drop in categories like mayonnaise, ketchup, and mustard. In addition, an improved tomato harvest put downward pressure on prices in categories such as tomato pastes, purées, and pasta sauces.

In 2024, sauces, dips and condiments in Slovenia is expected to register moderate current value growth and muted volume growth. Areas of growth include products with ethnic flavours and this is expected to contribute for healthy growth for herbs and spices, as outlined below. This is also leading to an expanding range of dips with ethnic flavours. However, consumers continue to be price sensitive after several years of rising prices, and this is resulting in growth for private label, as well as

In 2024, sauces, dips, and condiments in Uzbekistan has seen stagnation, reflecting broader market shifts and a significant reduction in the presence of Russian brands. Many Russian labels, such as Calve, have faced challenges in retaining consistent distribution channels, leading to multiple distributor changes that ultimately resulted in a weaker market position. Similarly, brands like Mikado and Monarch have scaled back their share, though they still maintain some activity in the category. Br

Sauces, dips, and condiments in Latvia shows stable performance in 2024, following a period of intense price fluctuations in 2022-2023. The shocks caused by global economic pressures have largely subsided, allowing the market to settle into a more predictable pricing structure. This stability is helping Latvian consumers regain confidence in their purchasing habits, contributing to a steady demand for sauces and condiments that complement local culinary traditions. As in 2023, popular items like