Consumer and Market Insights: Seasonings, Dressings and Sauces Market in Saudi Arabia

Date: 2015-10

The Saudi Arabian economy opening up to foreign investment is likely to support the growth of consumer goods in the country. The Saudi Arabian Seasonings, Dressings and Sauces market will register higher growth in value and volume terms during 2014-2019 compared to 2009-2014. The Herbs, Spices and Seasonings category is the market leader in value terms and the Dressings category has the highest volume share.

Key Findings
– The Saudi Arabian Seasonings, Dressings and Sauces market grew at a CAGR of 4.4% during 2009-2014 and is forecast to register higher growth at a CAGR of 4.9% during 2014-2019.

– The food price inflation was reported at 2.6% and has resulted in a trading down scenario, where consumers gave higher preference for value products.

– The Herbs, Spices and Seasonings category is the leading value category accounting for 30.8% of the Seasonings, Dressings and Sauces market in 2014. However, the Wet Cooking Sauces category is forecast to register fastest growth during 2014-2019

– The Chutneys and Relishes, Dressings, Bouillons and Stocks categories are forecast to lose market share between 2014 and 2019.

Canadean’s Consumer and Market Insights report on the Seasonings, Dressings and Sauces in Saudi Arabia provides insights on high growth categories to target, trends in the usage of packaging materials, types and closures category level distribution data and brands market shares.

What else is contained?

– Market data: Overall market value and volume data with growth analysis for 2014-2019

– Category coverage: Value and growth analysis for Condiment Sauces, Bouillons and Stocks, Dips, Dressings, Dry Cooking Sauces, Chutneys and Relishes, Herbs, Spices and Seasonings, Wet Cooking Sauces, Tomato Pastes and Purees, with inputs on individual segment share within each category and the change in their market share forecast for 2014-2019

– Leading players: Market share of brands and private labels, including private label growth analysis from 2011-2014

– Distribution data: Value shares within each category through channels such as Hypermarkets and Supermarkets, Convenience Stores, Food and Drinks Specialists and more

– Packaging data: consumption breakdown for packaging materials and containers in each category, in terms of percentage share of number of units sold. Packaging material data for flexible packaging, rigid plastics, rigid metal and others; container data for: trays, tubs, foils and others.

– Identify high potential categories and explore further market opportunities based on detailed value and volume analysis

– Existing and new players can analyse key distribution channels to identify and evaluate trends and opportunities

– Gain an understanding of the total competitive landscape based on detailed brand share analysis to plan effective market positioning

– Our team of analysts have placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion .”

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