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Sauces, Condiments, and Dressing Market Proposals & Trends Leading to 2.3% CAGR Growth during 2017-2026
Fact.MR
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The next section offers an overview of the global sauces, condiments, and dressing market. This comprises an introduction to the market, along with a standard definition of the product – sauces, condiments, and dressing. In this section, market value and year-over-year growth is offered to the readers. Year-over-year growth provides readers with a broader view of growth patterns over the forecast period.
The report’s succeeding section focuses on drivers, restraints and key trends from macroeconomic, demand, and supply perspectives. Impact analysis of weighted average model-based growth drivers is contained in the report for better provision of decision-making insights to clients.
In order to offer readers with up-to-date information about the latest advancements in the global sauces, condiments, and dressing market, the report provides updates about market opportunities, which can benefit leading manufacturers of sauces, condiments, and dressing. With continuous evolution of the food & beverage sector, keeping a record of latest developments and trends is fundamental for sauces, condiments, and dressing manufacturers to formulate key business strategies. Detailed insights about raw material sourcing, supply chain, pricing analysis, list of distributors, and cost structure are provided in this section.
Prevalence of Acid Reflux to Inhibit Demand
Overconsumption of salt has continued to impact health of the customers adversely. According to CDC, excessive consumption of sodium increases the probability of hypertension, stroke or cerebrovascular accidents and heart disease. Moreover, World Health Organization recommends that consumption of salt by an individual should not be less than 5 grams daily.
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As sodium continues to remain a major ingredient in range of hot sauces, overconsumption of the hot sauces can adversely affect the health of customers. Excessive consumption of hot sauces can lead to gastroesophageal reflux disease (GERD) or acid reflux. Due to growing apprehensions of acid reflux, customers with sensitive stomachs avoid consumption of various hot and spicy sauces. In addition, excessive consumption of tomato sauce can cause headache, vomiting and dizziness. Bound to these factors, demand for the sauces, condiments, and dressings is expected to drop during the forecast period.
Cooking Sauce to Represent a Leading Segment
Growing need to enhance flavor of various delicacies has led to surge in demand for cooking sauces in the food industry globally. On the basis of product type, the cooking sauce segment is expected to represent the highest revenue growth, accounting for a value of over US$ 14,500 Mn by the end of 2026. In contrary, the pickled product type segment is expected to register a robust CAGR during the forecast period.
Based on distribution channel, the foodchain services segment is expected to generate significant revenues, recording a value of over US$ 9,700 Mn by the end of 2017. On the other hand, the online store distribution channel segment is expected to register significant CAGR throughout the forecast period.
Competition Tracking
Leading market players operating in the global sauces, condiments, and dressing market include General Mills Inc, Hormel Foods Corp, Nestle SA, ConAgra Foods Inc, McCormick & Co Inc, The Kraft and Heinz Company, Unilever Group, PepsiCo Inc., Kikkoman Corp and Clorox Co, The.
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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Food & Beverages market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
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