Condiment sauces inflation in France stood at 1.080% in April 2023, according to GlobalData’s report on the prices of stock keeping units (SKUs) supplied through online retailers. In Q1 2024, GlobalData monitored the pricing of 40 condiment sauces SKUs from companies such as Lima, Autour Du Riz and Emile Noël that were sold by e-retailers. Buy the report here.
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Pricing is crucial, especially in a challenging economic climate, as competitive pricing and price leadership impact consumers’ choices. GlobalData’s pricing analysis reveals that Greenwiz offered lowest prices of the total SKUs within the condiment sauces category from January through March 2024, followed by la Belle Vie and Annachi. According to the analysis, the price range of $5 and below was the most competitive, with 21 SKUs.
The chart below illustrates price leadership among the covered retailers which offer the highest number of low-priced products in the category. Of all retailers, Greenwiz had greatest share of lowest prices for individual SKUs in condiment sauces in France in Q1 2024.
Analysis of the quarterly price data showed that no discounts were offered for condiment sauces category by the retailers tracked by GlobalData. Among variants, the tracker revealed soy and reduced salt; soy as the most popular (by number of SKUs) condiment sauces variants. These were priced 48.24% higher than the average price of a condiment sauces SKU.
Among the e-retailers tracked by GlobalData, the leading ones, based on the number of SKUs, were Greenwiz, la Belle Vie, Annachi, and . According to the analysis, Annachi had the lowest average unit price, while the retailer with the widest product assortment was Greenwiz.
The report brings attention to the intricate pricing dynamics within the condiment sauces market, examining both the SKU and retailer levels, and offering invaluable insights for stakeholders. Notably, Greenwiz, la Belle Vie and Annachi stood out as prominent e-retailers, providing competitive pricing for a substantial number of condiment sauces SKUs. However, to comprehensively grasp condiment sauces market in France, continuous tracking of SKU pricing over time is necessary.
For a more detailed analysis of pricing trends in the France condiment sauces market, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s online price intelligence platform helps users analyze price leadership and price gaps, as well as visualize product variants at the SKU level, across multiple geographies, retailers, and categories. The platform, a product of Consumer Intelligence Center provides price insights from more than 370 online retailers across 44 countries.
