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Sauces, Dips and Condiments in Nigeria

November 2022 | 26 pages | ID: S6685240E52EN
Euromonitor International Ltd

US$ 990.00

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Sauces, dips and condiments is projected to register healthy overall retail volume and current value growth in 2022, despite poor economic conditions and reduced consumer spending power in light of high inflation. However, there was a strong divergence within categories, with options like stock cubes and powders, monosodium glutamate (MSG), herbs and spices and tomato pastes and pur?es set to post positive growth in demand, while recipe sauces and cooking and table sauces are seeing declines. Gr...

Euromonitor International's Sauces, Dips and Condiments in Nigeria 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.
SAUCES, DIPS AND CONDIMENTS IN NIGERIA

KEY DATA FINDINGS

2022 DEVELOPMENTS

Perceived essential products perform well in 2022
Competitive stock cubes and powders sees the highest retail volume and value growth
Non-essential Western cooking and table sauces suffer drop in demand

PROSPECTS AND OPPORTUNITIES

Economic recovery and population growth to drive demand over the forecast period
Pack and product varieties to continue to play a key role in stimulating interest
Wider assortments and changes in diet to drive the demand for a number of products

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 NBO Company Shares of Sauces, Dips and Condiments: % Value 2018-2022
Table 6 LBN Brand Shares of Sauces, Dips and Condiments: % Value 2019-2022
Table 7 Distribution of Sauces, Dips and Condiments by Format: % Value 2017-2022
Table 8 Forecast Sales of Sauces, Dips and Condiments by Category: Volume 2022-2027
Table 9 Forecast Sales of Sauces, Dips and Condiments by Category: Value 2022-2027
Table 10 Forecast Sales of Sauces, Dips and Condiments by Category: % Volume Growth 2022-2027
Table 11 Forecast Sales of Sauces, Dips and Condiments by Category: % Value Growth 2022-2027

COOKING INGREDIENTS AND MEALS IN NIGERIA

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

DISCLAIMER

SOURCES

Summary 1 Research Sources



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