SEARCH   
MEMBER LOGIN    

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

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Seasoning, Sauce and Condiment Production Market Research Report | NAICS 31194 | Nov 2014

In season: Increasing disposable income and the new healthy products will drive industry demand

IBISWorld’s Seasoning, Sauce and Condiment Production market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Revenue
$19bn
Annual Growth 09-14
1.1%
Annual Growth 14-19
Add to Cart
Profit
Add to Cart
Employment
32,303
Businesses
662
Industry Analysis & Industry Trends

The Seasoning, Sauce and Condiment Production industry revenue grew over the past five years, as a result of increased demand for its products and a rise in per capita disposable income. However, due to higher input costs, manufacturers raised their product prices to maintain earnings, which led to restrained revenue growth during the period. In the five years to 2019, the industry is expected to grow at a slightly faster pace than the previous five years. Higher disposable income levels will drive demand as consumers dine out more and purchase more products at the retail level. In addition, new products and clever marketing strategies will drive revenue growth... purchase to read more

Industry Report - Industry Key Buyers Chapter

The Seasoning, Sauce and Condiment Production industry displays a low level of market share concentration, with the top four players accounting for only 20.8% of industry revenue in 2014, which is an increase from 2009. Over the past five years, concentration has declined despite merger and acquisition activity among the leading manufacturers. For instance, McCormick purchased spice and herb producer Caamacosta Inc. in 2010. While industry leaders acquired smaller competitors to obtain a greater share of the market, demand for leading brands continued to decline, causing their share of the market to wane. Condiments are often substituted by generic brands for consumers who prefer a better value in terms of price... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Seasoning, Sauce and Condiment Production Industry?

This industry manufactures products such as mayonnaise, 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 because they are part of the Canned Fruit and Vegetable Processing industry (IBISWorld report 31142).

Industry Products
Mayonnaise, salad dressings and sandwich spreadsPrepared sauces (excluding tomato)Dry mix food preparationsFlavoring extracts, emulsions, liquid flavors, colorings and vinegarSalt, pepper and spices
 
Industry Activities
Manufacturing mayonnaiseManufacturing salad dressingManufacturing vinegarManufacturing mustardManufacturing horseradishManufacturing soy sauceManufacturing salt and seasoningsManufacturing flavoring extracts (except coffee and meat) and colorings


View Sample
Quote
Select Clients