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 incre...
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...
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. Howe...
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...
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 inflati...
While staples in Tunisia is expected to register double-digit percentage current value growth, constant value growth is expected to be much more moderate, though still healthy. This is in spite of continuing high inflation and also slower growth in the economy, as Tunisia grapples with persistent dr...
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 i...
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 F...
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 Cameroon...
Although a wide variety of pack types are used to package products in sauces, dips and condiments in Sweden, glass jars continued to account for the highest share of packaging unit volumes in 2023. Glass jars was the dominant pack type in a number of important categories, such as pickled products, p...