India Condiments Market, By Product (Sauces & Ketchup, Pickles, Mayonnaise & Dressings, Others (Seasonings, etc.))), By Distribution Channel (Hypermarket/ Supermarket, Departmental Stores, Convenience Stores, Online Sales Channel and Others (Direct Sales, etc.)), By Region, Competition, Forecast & Opportunities, 2018-2028F
Published on: 2024-10-27 | No of Pages : 320 | Industry : Consumer Goods and Retail
Publisher : MIR | Format : PDF&Excel
India Condiments Market, By Product (Sauces & Ketchup, Pickles, Mayonnaise & Dressings, Others (Seasonings, etc.))), By Distribution Channel (Hypermarket/ Supermarket, Departmental Stores, Convenience Stores, Online Sales Channel and Others (Direct Sales, etc.)), By Region, Competition, Forecast & Opportunities, 2018-2028F
India Condiments Market is anticipated to project robust growth in the forecast period on account of increasing cross-cultural interaction, inclination towards the preference for eating western cuisine, and increase in the number of modern retail retailers that give their customers price and convenience are driving the growth of the India condiments market in the upcoming years.
Exotic sauces are competing for first place with the traditional tomato ketchup that Indians have always loved. In the Indian market's food service and retail segments, the new varieties in distinctive flavors like chilli, garlic chilli, dark soy, and chilli vinegar are gaining momentum.
Condiments have limitations. For example, many condiments aren't very healthy because they have a lot of sugar (ketchup) and/or salt in them (soy sauce). A tablespoon of mayonnaise has about 11 grams of fat, 100 calories, and 85 mg of sodium. However, since this is not generally known, it may not be considered when determining how healthy a dish or meal is. Therefore, it's important to carefully understand which ingredients are present in each of these condiments.
In Comparison to 2020, where India imported around USD 20 million, the figures declined in 2021 to USD 7 million worth of import of sauces, such as soy sauce, tomato ketchup, mayonnaise, salad dressings, and mixed seasonings.
Rising Presence of International Companies are fueling the Market
In the recent months, new foreign companies have entered the Indian market with innovative products, particularly in the sauces category. For instance, soy sauce and oyster sauce have just been launched in the nation by the Japanese company Kikkoman Corporation. Kikkoman's soy sauce is made naturally from soybeans, wheat, salt, and water and can be used with a variety of Asian dishes. In India's food service industry, the company wants to establish itself as the most genuine brand in the Indian Chinese segment. The market is anticipated to experience a high demand in this category among the commercial as well as Indian households due to the growing popularity of different cuisine. With the rising variety and growing presence of international companies in the Condiments sector, the market is boosting with high demand.
Rising demand from food service industry Fueling the Market Growth
The consumption of condiments has increased, and the food services industry has expanded, because of shifting lifestyles and income levels. When dining at restaurants or other food establishments, customers are seeking out more exotic flavors that remain unheard a decade ago. As a result, demand for specific sauces with a distinctive flavor is rising. It's important to note that businesses like Cremica Food Industries are developing and launching a variety of sauces that are incredibly and addictively delicious and can be used as salad dressing, for dips, or to make filling for sandwiches and wraps. This line of sauces from Cremica enhances the flavor and consistency of the food while providing a wealth of vital vitamins, antioxidants, and lycopene that have additional health benefits.
Attractive Packaging
For instance, Kraft Heinz is currently testing the Packet Roller, a device shaped like a bottle of ketchup that enables users to get the most out of a condiment packet.
Market Segmentation
The India condiments market is segmented based on product, distribution channel, region, and by competitional landscape. Based on product, the market is further fragmented into Sauces & Ketchup, Pickles, Mayonnaise & Dressings, and Others. Based on distribution channel, the market is segmented into Hypermarket/ Supermarket, Departmental retailers, Convenience retailers, Online Sales Channel, and Others (Direct Sales, etc.). The market analysis also studies the regional segmentation to devise regional market segmentation, divided among north, west, south, & east.
Company Profiles
Nestle India Limited, G.D. Foods Manufacturing (India) Pvt. Ltd. (Tops),
Attribute | Details |
Base Year | 2022 |
Historic Data | 2018 – 2021 |
Estimated Year | 2023 |
Forecast Period | 2024 – 2028 |
Quantitative Units | Revenue in USD Million, Volume by Thousand Units, and CAGR for 2018-2023 and 2023-2028 |
Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered | ProductDistribution ChannelRegionStateCompany |
Regional Scope | North, West, South & East |
Key Companies Profiled | Nestle India Limited, G.D. Foods Manufacturing (India) Pvt. Ltd. (Tops), DEL Monte Fresh Produce (india) Private Limited, Hindustan Unilever, Cremica Food Industries Limited, Dr Oetker India Pvt. Ltd., Kraft Heinz India Private Limited, Veeba Food Services Private Limited, Weikfield's Food Pvt. Ltd., Capital Foods Pvt Ltd. (Ching’s), etc. |
Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and Purchase Options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request) |
In this report, India Condiments market has been segmented into following categories, in addition to the industry trends which have also been detailed below
- India Condiments Market, By Product
- Sauces & Ketchup
- Pickles
- Mayonnaise & Dressings
- Others
- India Condiments Market, By Distribution Channel
- Hypermarket/ Supermarket
- Departmental Stores
- Convenience Stores
- Online Sales Channel
- Others (Direct Sales, etc.)
- India Condiments Market, By Region
- North
- West
- South
- East