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Report Description

Report Description

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 stores 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.


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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 introduced 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 Aids Market Growth

Manufacturers of condiments around the world are examining several different aspects, including packaging. The visual appearance of the product plays a major role in marketing as a packaging design should have vibrant and fresh colors which instantly attract customers. Launching small squeezable tubes within the sauce category, many brands in the market are experimenting with eye-catching shapes for their product packaging to attract attention. 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. A new line of hot fill sauce bottles with a curved, top-down design for improved dispensing and consumer convenience has been introduced by Berry Global.

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 Stores, Convenience Stores, 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), 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., are among the major market players in India that lead the market growth of the India Condiments Market.

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

Product

Distribution Channel

Region

State

Company

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)

 Report Scope:

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

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in India Condiments market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

It is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

Table of content

1.    Introduction

1.1.  Product Overview

1.2.  Key Highlights of the Report

1.3.  Market Coverage

1.4.  Market Segments Covered

1.5.  Research Tenure Considered

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary         

3.1.  Market Overview

3.2.  Market Forecast

3.3.  Key Regions

3.4.  Key Segments

4.    Voice of Customer Analysis (B2C Model Analysis)

4.1.  Sample Size Determination

4.1.1.     Respondent Demographics

4.1.2.     By Gender

4.1.3.     By Age

4.1.4.     By Occupation

4.2.  Brand Awareness

4.3.  Frequency of Usage

4.4.  Factors Influencing Purchase Decision

4.5.  Brand Satisfaction

4.6.  Customer Satisfaction

4.7.  Challenges Faced Post Purchase

5.    India Condiments Market Outlook

5.1.  Market Size & Forecast          

5.1.1.     By Value

5.1.2.     By Volume

5.2.  Market Share & Forecast

5.2.1.     By Product Market Share Analysis (Sauces & Ketchup, Pickles, Mayonnaise & Dressings, Others (Seasonings, etc.))

5.2.2.     By Distribution Channel Market Share Analysis (Hypermarket/ Supermarket, Departmental Stores, Convenience Stores, Online Sales Channel and Others (Direct Sales, etc.)

5.2.3.     By Regional Market Share Analysis

5.2.3.1.         North Market Analysis

5.2.3.2.         West Market Analysis

5.2.3.3.         South Market Analysis

5.2.3.4.         East Market Analysis

5.2.4.     By Company Market Share Analysis

5.3.  India Condiments Market Mapping & Opportunity Assessment

5.3.1.     By Product Market Mapping & Opportunity Assessment

5.3.2.     By Distribution Channel Market Mapping & Opportunity Assessment

5.3.3.     By Regional Market Mapping & Opportunity Assessment

6.    India Sauces & Ketchup Market Outlook

6.1.  Market Size & Forecast          

6.1.1.     By Value

6.1.2.     By Volume

6.2.  Market Share & Forecast

6.2.1.     By Distribution Channel Market Share Analysis

6.2.2.     By Region Market Share Analysis

6.3.  Pricing Analysis

7.    India Pickles Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.1.2.     By Volume

7.2.  Market Share & Forecast

7.2.1.     By Distribution Channel Market Share Analysis

7.2.2.     By Region Market Share Analysis

7.3.  Pricing Analysis

8.    India Mayonnaise & Dressings Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.1.2.     By Volume

8.2.  Market Share & Forecast

8.2.1.     By Distribution Channel Market Share Analysis

8.2.2.     By Region Market Share Analysis

8.3.  Pricing Analysis

9.    Market Dynamics

9.1.  Drivers

9.1.1.     Increasing preference for additional flavors

9.1.2.     Growing presence of Western Cuisines

9.1.3.     Rising demand from food service industry

9.2.  Challenges

9.2.1.     High Competition

9.2.2.     Issue of Storage

9.2.3.     Rapid Change in Consumer Taste

10.  Impact of COVID-19 on India Condiments Market

10.1.              Impact Assessment Model       

10.1.1.  Key Segments Impacted

10.1.2.  Key Regions Impacted

10.1.3.  Key Distribution Channel Impacted

11.  Market Trends & Developments

11.1.              Rising demand of Gen Z

11.2.              Growing Awareness for Variety of Flavors

11.3.              Surging demand from e-commerce channels

11.4.              Launch of innovative flavors

11.5.              Increasing investment within this sector

12.  Import/ Export Analysis

12.1.              Top 5 Exporting Countries

12.1.1.  By Value

12.2.              Top 5 importing Countries

12.2.1.  By Value

13.  Porter’s Five Forces Model

13.1.              Competitive Landscape

13.2.              Buyer Power

13.3.              Supplier Power

13.4.              Threat of New Entrants

13.5.              Threat of Substitutes

14.  SWOT Analysis

14.1.              Strengths

14.2.              Weaknesses

14.3.              Opportunities

14.4.              Threats

15.  Competitive Landscape

15.1.              Competition Outlook

15.2.              Company Profiles

15.2.1.  Nestle India Limited,

15.2.1.1.      Company Details

15.2.1.2.      Products & Services

15.2.1.3.      Financial (As reported)

15.2.1.4.      Key Market Focus & Geographical Presence

15.2.1.5.      Recent Developments

15.2.1.6.      Key Management Personnel

15.2.2.  G.D. Foods Manufacturing (India) Pvt. Ltd. (Tops)

15.2.2.1.      Company Details

15.2.2.2.      Products & Services

15.2.2.3.      Financial (As reported)

15.2.2.4.      Key Market Focus & Geographical Presence

15.2.2.5.      Recent Developments

15.2.2.6.      Key Management Personnel

15.2.3.   DEL Monte Fresh Produce (india) Private Limited

15.2.3.1.      Company Details

15.2.3.2.      Products & Services

15.2.3.3.      Financial (As reported)

15.2.3.4.      Key Market Focus & Geographical Presence

15.2.3.5.      Recent Developments

15.2.3.6.      Key Management Personnel

15.2.4.    Hindustan Unilever

15.2.4.1.      Company Details

15.2.4.2.      Products & Services

15.2.4.3.      Financial (As reported)

15.2.4.4.      Key Market Focus & Geographical Presence

15.2.4.5.      Recent Developments

15.2.4.6.      Key Management Personnel

15.2.5.   Cremica Food Industries Limited

15.2.5.1.      Company Details

15.2.5.2.      Products & Services

15.2.5.3.      Financial (As reported)

15.2.5.4.      Key Market Focus & Geographical Presence

15.2.5.5.      Recent Developments

15.2.5.6.      Key Management Personnel

15.2.6.  Dr Oetker India Pvt. Ltd.

15.2.6.1.      Company Details

15.2.6.2.      Products & Services

15.2.6.3.      Financial (As reported)

15.2.6.4.      Key Market Focus & Geographical Presence

15.2.6.5.      Recent Developments

15.2.6.6.      Key Management Personnel

15.2.7.  Kraft Heinz India Private Limited

15.2.7.1.      Company Details

15.2.7.2.      Products & Services

15.2.7.3.      Financial (As reported)

15.2.7.4.      Key Market Focus & Geographical Presence

15.2.7.5.      Recent Developments

15.2.7.6.      Key Management Personnel

15.2.8.  Veeba Food Services Private Limited

15.2.8.1.      Company Details

15.2.8.2.      Products & Services

15.2.8.3.      Financial (As reported)

15.2.8.4.      Key Market Focus & Geographical Presence

15.2.8.5.      Recent Developments

15.2.8.6.      Key Management Personnel

15.2.9.   Weikfield's Food Pvt. Ltd.

15.2.9.1.      Company Details

15.2.9.2.      Products & Services

15.2.9.3.      Financial (As reported)

15.2.9.4.      Key Market Focus & Geographical Presence

15.2.9.5.      Recent Developments

15.2.9.6.      Key Management Personnel

15.2.10.                 Capital Foods Pvt Ltd. (Ching’s)

15.2.10.1.    Company Details

15.2.10.2.    Products & Services

15.2.10.3.    Financial (As reported)

15.2.10.4.    Key Market Focus & Geographical Presence

15.2.10.5.    Recent Developments

15.2.10.6.    Key Management Personnel

16.  Strategic Recommendations/Action Plan

16.1.              Key Focus Areas

16.2.              Target Regions

16.3.              Target Product

16.4.              Target Distribution Channel

17.  About Us & Disclaimer

Figures and Tables

Frequently asked questions

Frequently asked questions

Simple condiments are celery salt, garlic salt, and onion salt, etc. and compound condiments are (chili sauce, chutney, meat sauce, mint sauce, prepared mustard, etc.). Many compound condiments contain pepper as an ingredient.

Currently, a select few large companies such as Nestle, Field Fresh Foods (Del Monte), Hindustan Unilever, Cremica Food Industries, Dr. Oetker, and Kraft Heinz are the India condiments market players. These companies sell sauces, dressings, pickles, and chutneys.

Yes, the pickle is considered to be one of the well-known addition to the food plateware in Indian households and it plays a significant contribution in the condiments market of India. New varieties are emerging, like other condiments. The company, which ranks among the market leaders in the pickles category such as Nilon's, recently added mango, green chilli, and mixed pickle varieties to its lineup with a focus on Rajasthani flavours.

International sauces and spreads have become a standard household item due to exposure to Western cuisine, including American, Mexican, Thai, and other cuisines. In addition, the growth rates of mayonnaise, spreads, and Italian sauces have surpassed ketchups, and consumers tastes expand to include more exotic flavours. The rising consumption of sauces and dips in India is supported by mayonnaise and Italian sauces.

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