Sauces, Dips and Condiments in Hong Kong, China

November 2022 | 24 pages | ID: SE023BEAEA0EN
Euromonitor International Ltd

Abstracts

Retail demand for sauces, dips and condiments notably declined in 2021, in line with the resumption of activity outside of the home as restrictions eased, including the return to foodservice (which in contrast recorded double-digit volume growth). Furthermore, given the long shelf life of some products such as cooking ingredients, some consumers were still using accumulated stock from the previous year when panic buying ensued following the initial emergence of the pandemic.

Euromonitor International's Sauces, Dips and Condiments in Hong Kong, China report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2017-2021, it identifies the leading companies, brands and retail outlets, and assesses the key trends and demographic shifts behind consumer demand and sales growth. How key trends such as health and wellness, sustainability and recovery from the pandemic are shaping the market in <|Year|> directly informs our forecasts to 2026, clearly indicating how the market is expected to change.

Product coverage: Cooking Ingredients and Condiments, Dips, Other Sauces and Condiments, Pickled Products, Sauces, Yeast-based Spreads.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

• Get a detailed picture of the Sauces, Dips and Condiments market;
• Pinpoint growth sectors and identify factors driving change;
• Understand the competitive environment, the market’s major players and leading brands;
• Use five-year forecasts to assess how the market is predicted to develop.

Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.

Contents

SAUCES, DIPS AND CONDIMENTS IN HONG KONG, CHINA

KEY DATA FINDINGS

2022 DEVELOPMENTS

Retail sales rebound during fifth wave of COVID-19
Lee Kum Kee continues to comfortably lead category in 2022
Healthy alternatives gain greater attention

PROSPECTS AND OPPORTUNITIES

Stable but undynamic performance for retail volume sales, while foodservice will fully recover
The rising demand for regular-sized products
Health and wellness trend creates opportunity for salad dressings as well as other table sauces

CATEGORY DATA

Table 1 Sales of Sauces, Dips and Condiments by Category: Volume 2017-2022
Table 2 Sales of Sauces, Dips and Condiments by Category: Value 2017-2022
Table 3 Sales of Sauces, Dips and Condiments by Category: % Volume Growth 2017-2022
Table 4 Sales of Sauces, Dips and Condiments by Category: % Value Growth 2017-2022
Table 5 Sales of Liquid Recipe Sauces by Type: % Value 2017-2022
Table 6 NBO Company Shares of Sauces, Dips and Condiments: % Value 2018-2022
Table 7 LBN Brand Shares of Sauces, Dips and Condiments: % Value 2019-2022
Table 8 Distribution of Sauces, Dips and Condiments by Format: % Value 2017-2022
Table 9 Forecast Sales of Sauces, Dips and Condiments by Category: Volume 2022-2027
Table 10 Forecast Sales of Sauces, Dips and Condiments by Category: Value 2022-2027
Table 11 Forecast Sales of Sauces, Dips and Condiments by Category: % Volume Growth 2022-2027
Table 12 Forecast Sales of Sauces, Dips and Condiments by Category: % Value Growth 2022-2027

COOKING INGREDIENTS AND MEALS IN HONG KONG, CHINA

EXECUTIVE SUMMARY

Cooking ingredients and meals in 2022: The big picture
Key trends in 2022
Competitive landscape
Channel developments
What next for cooking ingredients and meals?

MARKET DATA

Table 13 Sales of Cooking Ingredients and Meals by Category: Volume 2017-2022
Table 14 Sales of Cooking Ingredients and Meals by Category: Value 2017-2022
Table 15 Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2017-2022
Table 16 Sales of Cooking Ingredients and Meals by Category: % Value Growth 2017-2022
Table 17 NBO Company Shares of Cooking Ingredients and Meals: % Value 2018-2022
Table 18 LBN Brand Shares of Cooking Ingredients and Meals: % Value 2019-2022
Table 19 Penetration of Private Label by Category: % Value 2017-2022
Table 20 Distribution of Cooking Ingredients and Meals by Format: % Value 2017-2022
Table 21 Forecast Sales of Cooking Ingredients and Meals by Category: Volume 2022-2027
Table 22 Forecast Sales of Cooking Ingredients and Meals by Category: Value 2022-2027
Table 23 Forecast Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2022-2027
Table 24 Forecast Sales of Cooking Ingredients and Meals by Category: % Value Growth 2022-2027

DISCLAIMER

SOURCES

Summary 1 Research Sources