Seasoning, Sauce and Condiment Production in the US - Industry Market Research Report

Seasoning, Sauce and Condiment Production in the US - Industry Market Research Report

  • April 2021 •
  • 44 pages •
  • Report ID: 317301 •
  • Format: PDF
Spicy and saucy: Demand from consumers and restaurants will likely support revenue growth

Abstract

Seasoning, Sauce and Condiment Production in the US
The Seasoning, Sauce and Condiment Production industry produces goods such as mayonnaise, salad dressings, spices, extracts and dry food mixes from a variety of ingredients, which are then sold to wholesalers, other food manufacturers and retailers. Since this industry produces a wide array of products, some segments have performed better than others over the five years to 2019. Hot sauce and ethnic spices have been on the rise while traditional condiments, such as mayonnaise and salad dressings, have not performed as well. Increasing knowledge of the consequences of eating food with high fat and sodium content has caused some consumers to shun fatty and salty condiments and sauces. Consequently, manufacturers have expanded their product lines. The industry’s future appears positive, with demand for seasoning, sauce and condiments expected to gradually increase over the five years to 2024.

The Seasoning, Sauce and Condiment Production industry manufactures products such as mayonnaise, salad dressings, spices, extracts and dry food mixes from a variety of ingredients. Industry products are then sold to downstream wholesalers, food manufacturers and retail markets. Ketchup and other tomato-based sauces are excluded due to they are part of the Canned Fruit and Vegetable Processing industry (IBISWorld report 31142).

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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