Due to closures of foodservice outlets and lack of travel, consumers are spending more time at home during 2020, and this is positively impacting the landscape for sauces, dressings and condiments. As such, value growth is set to move from 7% in 2019 to 8% in 2020. Stockpiling was evident, with many products in sauces, dressings and condiments, being viewed as essential by consumers. Due to their essential nature, price-sensitivity is not set to impact sales, as consumers still maintained strong...
Euromonitor International's Sauces, Dressings and Condiments in Vietnam report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2015-2019, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they new product developments, distribution or pricing issues. Forecasts to 2024 illustrate how the market is set to change.
Product coverage: Cooking Ingredients, Dips, Other Sauces, Dressings and Condiments, Pickled Products, Table Sauces, Tomato Pastes and Purées, 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, Dressings 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.
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Sauces, Dressings and Condiments in Vietnam
Euromonitor International
December 2020
List OF CONTENTS AND TABLES
KEY DATA FINDINGS
2020 IMPACT
The outbreak of COVID-19 leads to a strong increase in demand, as sauces, dressings and condiments benefit home cooking
Modern grocery retailers adapt to the outbreak of COVID-19, boosting share in 2020
Masan Consumer Corp retains its lead, seeing an increase of sales in Q1 and Q2 of 2020, due to COVID-19 stockpiling
RECOVERY AND OPPORTUNITIES
Volume growth returns to levels recorded pre-COVID-19, and healthy, diverse recipes move the landscape forward
The natural, traditional food trend boosts sales of dry sauces across the forecast period
Consumers will increasingly demand premium products that align with the health trends, promoting their natural ingredients
CATEGORY DATA
Table 1 Sales of Sauces, Dressings and Condiments by Category: Volume 2015-2020
Table 2 Sales of Sauces, Dressings and Condiments by Category: Value 2015-2020
Table 3 Sales of Sauces, Dressings and Condiments by Category: % Volume Growth 2015-2020
Table 4 Sales of Sauces, Dressings and Condiments by Category: % Value Growth 2015-2020
Table 5 Sales of Cooking Sauces by Type: % Value 2015-2020
Table 6 NBO Company Shares of Sauces, Dressings and Condiments: % Value 2016-2020
Table 7 LBN Brand Shares of Sauces, Dressings and Condiments: % Value 2017-2020
Table 8 Distribution of Sauces, Dressings and Condiments by Format: % Value 2015-2020
Table 9 Forecast Sales of Sauces, Dressings and Condiments by Category: Volume 2020-2025
Table 10 Forecast Sales of Sauces, Dressings and Condiments by Category: Value 2020-2025
Table 11 Forecast Sales of Sauces, Dressings and Condiments by Category: % Volume Growth 2020-2025
Table 12 Forecast Sales of Sauces, Dressings and Condiments by Category: % Value Growth 2020-2025