Country Profile: Seasonings, Dressings & Sauces sector in Venezuela

Country Profile: Seasonings, Dressings & Sauces sector in Venezuela

Published: May 2017
Publisher: GlobalData
Product ref: 283077
Pages: 107
Format: PDF
Delivery: By product vendor

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Summary

Changing lifestyle due to rising urbanization rates, and urge for new taste preferences among consumers are the main drivers aiding growth in the Venezuelan Seasonings, Dressings & Sauces sector. Of the nine markets, Herbs, Spices & Seasonings is the largest market while Chutneys & Relishes is forecast to register the fastest growth in value terms during 2016-2021. Convenience Stores is the leading channel for the distribution of seasonings, dressings and sauces in the country. Glass is the most commonly used packaging material in the sector. Kraft Heinz, Nestle and Industrias Iberia Ca are the leading players in the Venezuelan Seasonings, Dressings & Sauces sector.

GlobalData’s Country Profile report on the Seasonings, Dressings & Sauces sector in Venezuela provides insights on high growth markets to target, trends in the usage of packaging materials, types and closures category level distribution data and brands market shares.

What else is contained?
• Market data: Overall market value and volume data with growth analysis for 2011-2021
• Category coverage: Value and growth analysis for Bouillons & Stocks, Chutneys & Relishes, Condiment Sauces, Dips, Dressings, Dry Cooking Sauces, Herbs, Spices & Seasonings, Tomato Pastes and Purées, and, Wet Cooking Sauces with inputs on individual category share within each market and the change in their market share forecast for 2016-2021
• Leading players: Market share of brands and private labels, including private label growth analysis from 2011-2016
• Distribution data: Percentage of sales within each market through distribution channels such as Cash & Carries and warehouse Clubs, Hypermarkets & Supermarkets, Convenience Stores, Food & Drinks Specialists, eRetailers and others
• Packaging data: consumption breakdown for packaging materials and containers in each market, in terms of percentage share of number of units sold. Packaging material data for Glass, Flexible Packaging, Paper & Board, Rigid Plastics, and others; container data for: Jar, Bottle, Bag/Sachet, Tub, Box, Pouch, and Tube.

Scope

• Herbs, Spices & Seasonings is the largest market by value in 2016 and it is expected to grow at a CAGR of 1.4% during 2016-2021
• Convenience Stores is the leading distribution channel in the Norwegian Seasonings, Dressings & Sauces sector
• Heinz is the leading brand by value in the country
• Glass is the most commonly used packaging material in the Venezuelan Seasonings, Dressings & Sauces sector
• Low employment rate and high consumer prices challenge market growth

Reasons to buy

• Identify high potential categories and explore further market opportunities based on detailed value and volume analysis
• Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
• Gain an understanding of the total competitive landscape based on detailed brand share analysis to plan effective market positioning
• Manufacturers can identify the opportunities to position products with H&W attributes/benefits
• Access the key and most influential consumer trends driving Seasonings, Dressings & Sauces products consumption, and how they influence consumer behavior in the market which will help determine the best audiences to target
• Our team of analysts have placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion
• The packaging analysis report helps manufacturers, in identifying the most commonly used packaging materials in the sector
• Analysis on key macro-economic indicators such as GDP per capita, population (overall and breakdown by age), and consumer price index. It also covers a comparative analysis of political, economic, socio-demographic, and technological indicators (PEST) across 50 countries.

Original price: $875.00

Price: $743.75

Don't worry. No payment is taken yet

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Related research categories

By sector: Dressings (in Spreads, sauces & condiments), Sauces (in Spreads, sauces & condiments)

By market: Venezuela (in South America)


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