China Sauces and Seasonings Market Report 2019
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The Sauces and Seasonings market is experiencing stable development. The sales value is contributed mainly by ascending raw materials prices and the rapid development of foodservice as well as the explosive growth of the food delivery business. Foreign enterprises accelerate their investments in the condiment market in China; domestic leading companies continue to upgrade product formula and enrich product lines by keeping innovation. A growth potential lies in broadening household consumption as families consider the major consumption force of sauces and seasonings products. Household Western-style cooking activities contribute to the growth possibility of exotic sauces in China market.
Written by Zhenni Wu, a leading analyst in the Food & Drink sector, her extensive knowledge delivers in-depth commentary and analysis to highlight current trends and add expert context to the numbers.
“The category is experiencing steady growth and improved in concentration. Category’s future lies in expanding household consumption as well as creating more BFY products. Consumers’ rising health consciousness is not only reflected in their sensitivity to ingredients, but also embodied in their changing cooking habits. Optimistic penetration of exotic sauces implies the growth potential and blurring opportunity in domestic market Zhenni Wu
Food & Drink Analyst
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