Condiments Market Size was estimated at USD 9.2 billion in 2023. The condiments industry is projected to expand from USD 9.6 billion in 2024 upto USD 13.8 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.20% during the forecast period (2024 - 2032). The market for condiments has seen an increase in demand due to the growing need for convenient food products that will improve the organoleptic properties of the food item. Additionally, adopting cross-cultural eating patterns across the regions is the key market driver enhancing market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Condiments are among the things that customers frequently seek out since they are natural and healthy. They are increasingly more aware of and interested in things' origins and manufacturing processes. Consumers are embracing sustainable sourcing in affluent nations to safeguard product quality, supply chain security, and, most crucially, the livelihoods of those who cultivate the condiments. Market proportions of condiments produced responsibly are rising in various locations as sustainability certification of spices becomes more commonplace. According to FLOCERT, there were approximately 146 Fairtrade-certified businesses in the condiments industry in Europe in 2021. Expanding businesses is another factor driving the condiments industry revenue.
Veganism and vegetarianism are parts of a rapidly growing trend. The total number of vegans in the U.S. and the U.K. has dramatically increased. Around the world, plant-based condiments industry diets are becoming more and more well-liked. To capitalize on this new trend, businesses are concentrating on launching new products aimed at the vegan and vegetarian community. For instance, in January 2022, Watson's Seasoning Blends, a female- and minority-owned business based in Los Angeles, introduced a new line of vegan gourmet condiments blends that make it simple to prepare delicious plant-based meals. Therefore, veganism has enhanced the condiments market CAGR in recent years.
Condiments Type Insights
The condiments market segmentation, based on type, includes spices, sauces & ketchup, dressings, and others. Given their expanding use in the food industry, spices are expected to hold a major market share in the condiments industry. One of the main factors influencing the usage of spices is the rising demand for real food worldwide. While spices are primarily used nowadays for flavor and taste, they are also widely employed for their health advantages. Additionally, in 2021, the sauces and ketchup sector witnessed significant growth. The availability of a wide variety of flavor enhancer sauces has considerably boosted the condiments industry for sauces due to technological improvements in the food business. Hence, rising applications of sauces positively impact market growth.
October 2021: Patak, based in the United Kingdom, has announced the debut of an Indian-style plant-based curry collection that includes easy-to-cook sauces and ready-to-eat meal kits. Patak's vegan cooking sauces use Indian spices, tomatoes, and lentils to make a daal-style curry flavoring that can be poured and cooked with vegetables. This product introduction has further broadened the growth opportunity for the condiments industry.
Based on packaging type, the condiments market segmentation has been segmented into bottles, pouches & sachets, and others. Bottle packaging dominated the market of condiments. This domination can be linked to the widespread use of wet and ready-to-use sauces in Western countries such as Germany, the United Kingdom, and France. However, the pouches and sachets also experienced the fastest growth in the market for condiments revenue. Product demand is expected to be driven by the availability of healthy options such as cholesterol-free and fat-free goods. These items are offered as bouillon cubes and semi-powders.
The condiments market data has been bifurcated by distribution channels into store-based and non-store-based. In 2021, store-based distribution accounted for a major share of all distribution channels. This supply channel includes convenience stores, supermarkets, brand outlets, hypermarkets, unorganized retail, and direct selling. Sauces, dressings, and condiments major firms such as Walmart, Amazon, and 7-Eleven are investing in developing nations such as India, Thailand, and Taiwan to meet rising consumer demand for sauces, dressings, and condiments.
Figure 1: Condiments Market, by Distribution Channel, 2021& 2030(USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The second fastest-growing segment in the condiments industry is the non-store-based distribution channel. With the rising internet penetration in countries such as India and China, the online distribution channel is predicted to be the fastest-growing segment.
By Region, the study provides market insights into Europe, North America, Asia-Pacific and the Rest of the World. Asia Pacific condiments market accounted for USD 3.8 billion in 2021 and is expected to exhibit a significant CAGR of 41.6 percent growth during the study period. In addition, the region is expected to grow at the quickest rate in the next years. Consumption of condiments, sauces, and dressings is increasing significantly in nations such as China, Japan, India, Taiwan, and Indonesia due to the region's growing popularity of traditional foods. Furthermore, as demand for cuisines grows in India and Indonesia, prominent manufacturers are introducing new items. ORCO, also known as Organic Seasonings, an Indian-based company, debuted 32 new products in its broad array of 100 percent natural, healthful, and certified organic seasonings and spices in January 2021. Moreover, China's condiments industry held the largest market share, and the Indian market for condiments was the fastest-growing market in the Asia-Pacific region.
Further, the major countries studied in the market report are the U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: CONDIMENTS MARKET SHARE BY REGION 2021 (%)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe's condiments market accounts for the second-largest market share. More consumers are selecting healthier living, new flavor profiles, and packaging ease in the United Kingdom. The condiments industry demand is increasing moderately due to the consistent entry of international cuisines led by the tourist and hospitality industries. In 2021, there will be over 96.8 million visitor arrivals in German travel accommodations. Seasonings such as pepper account for more than 50% of Russian exports in 2021, according to the Centre for the Promotion of Imports; coriander accounts for 19%, and cinnamon accounts for 11.1%. The remaining 18 types of spices contribute to at least 2% of the total export. Further, the German market for condiments held the largest market share, and the UK market of condiments was the fastest-growing market in the European region.
The North American condiments market is predicted to have significant market growth. As changing eating patterns influence how customers think about herbs, North America has been one of the primary condiment markets. In addition, new enterprises are cropping up in the United States and Canada to use spices for purposes other than flavoring food, which is projected to fuel the industry in the coming years. The rising popularity of convenience and ready-to-eat foods, as well as the rising desire for ethnic cuisines, have all contributed to the regional market's expansion. Processed foods account for about 70% of the American diet.
Condiments Key Market Players& Competitive Insights
The market for condiments will keep expanding as major market players make significant R&D investments to diversify their product portfolios. Market players are engaging in several strategic initiatives to strengthen their position globally, in addition to important market developments such as new product releases, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. Offering competitively priced goods is essential for rivals in the condiments industry who want to grow and succeed in a market that is becoming increasingly competitive.
Local production to cut operating costs is one of the main business methods used by the condiments industry to serve customers and expand the market sector. The condiments industry has recently provided some of the most important advantages to medicine. To increase market demand, condiments market major players, including McCormick & Company (US), Del Monte Foods Inc (US), Sing Cheung Co.(India), Unilever (UK), and others, are funding R&D projects.
Sensient Natural Ingredients (SNI), based in Turlock, California, provides farm-to-table components and solutions that cultivate natural ingredients to add flavor, texture, color, and nutrition to food items while keeping labeling clean and simple. The company sells shelf-stable products such as garlic, onion, parsley, chili pepper, capsicums, and vegetables. For instance, in March 2021, Sensient Natural Ingredients LLC (SNI) announced the incorporation of New Mexico Chili Products Inc., a Deming-based dehydrated chili production facility that processes capsicums and other specialty chilies for commercial sale to CPG food makers and spice blenders.
The Kraft Heinz Company makes and markets food and beverage items in the United States, Canada, the United Kingdom, and globally through its subsidiaries. Condiments and sauces, cheese and dairy items, meals, coffee, refreshment beverages, meats, and other grocery products are among its offerings. Dressings, nutritious snacks, and other categories are also available, as well as spices and other seasonings. For instance, in September 2021, the Kraft Heinz Firm announced that it had agreed to buy Companhia Hemmer Industria e Comércio ("Hemmer"), a Brazilian condiments and sauces company. The acquisition of Hemmer, a 106-year-old company headquartered in Blumenau, Santa Catarina, is intended to broaden Brazilian customers' flavor options while supporting Kraft Heinz's aim of expanding its International Taste Elevation product platform and presence in emerging regions.
Condiments Industry Developments
June 2022: McCormick & Company released a limited-edition Old Bay Hot Sauce, with USD 4 from each two-pack sold benefiting the Trevor Project. The fresh launch of the product enhanced the company's sales by delivering its consumers new tastes and flavors of the sauce. The limited-edition hot sauce, which features rainbow elements on the label designed to mimic Old Bay's trademark red, yellow, and blue tin, will be available until June 30.
September 2021: Olam Food Ingredients debuted 'Mixes of the Americas,' the first collection in its new spice blend line. The 17 ready-to-use dry mixes offer food service organizations, manufacturers, and retailers a simple, clean-label solution for creating authentic and consistent flavors inspired by the continent's major cuisines, including those of the Caribbean, Mexico, and the United States Southwest.
| Report Attribute/Metric | Details |
| Market Size 2023 | USD 9.2 billion |
| Market Size 2024 | USD 9.6 billion |
| Market Size 2032 | USD 13.8 billion |
| Compound Annual Growth Rate (CAGR) | 5.20% (2024-2032) |
| Base Year | 2023 |
| Market Forecast Period | 2024-2032 |
| Historical Data | 2018 & 2020 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Type, Packaging Type and Distribution Channel |
| Geographies Covered | Europe, North America, Asia Pacific, and the Rest of the World |
| Countries Covered | The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled | McCormick & Company (US), Del Monte Foods Inc (US), Sing Cheung Co.(India), and Unilever (UK). |
| Key Market Opportunities | Change in lifestyle patterns |
| Key Market Dynamics | Increase in the popularity of international cuisine Rising disposable income |
Condiments Market Highlights:
Frequently Asked Questions (FAQ) :
The size of the market for condiments size was estimated at USD 9.6 billion in 2024.
The market is projected to grow at a CAGR of 5.20% during the forecast period 2024-2032.
The largest portion of the market was in Asia Pacific.
The key players in the market are McCormick & Company (US), Del Monte Foods Inc (US), Sing Cheung Co.(India), and Unilever (UK).
The spice category dominated the market in 2023.
Bottles had the largest share of the market.
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