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Consumer and Market Insights: Seasonings, Dressings and Sauces Market in Venezuela

  • October 2015
  • -
  • GlobalData
  • -
  • 62 pages

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Summary
High inflation and exchange rate fluctuations are affecting the Venezuelan economy. Growth in the Seasonings, Dressings and Sauces market will be marginally higher in local currency terms during 2014-2019. Herbs, Spices and Seasonings is the largest category in terms of value while Chutneys and Relishes is forecast to be the fastest growing category. Convenience Store is the leading distribution channel in the Seasonings, Dressings and Sauces market.

Key Findings
- The Seasonings, Dressings and Sauces market in Venezuela is forecast to register higher growth during 2014-2019 compared to 2009-2014 in local currency terms.

- Chutneys and relishes is the fastest value growth category registering a CAGR of 4.5% during 2014-2019.

- Convenience Store is the leading distribution channel in the market.

- Glass as Packaging material will register fastest growth at a CAGR of 1.4% during 2014-2019

Synopsis
Canadean's Consumer and Market Insights report on the Seasonings, Dressings and Sauces market in Venezuela provides insights on high growth categories 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 2014-2019

- Category coverage: Value and growth analysis for Condiment Sauces, Bouillons and Stocks, Dips, Dressings, Dry Cooking Sauces, Chutneys and Relishes, Herbs, Spices and Seasonings, Wet Cooking Sauces and Tomato Pastes and Purees with inputs on individual segment share within each category and the change in their market share forecast for 2014-2019

- Leading players: Market share of brands and private labels, including private label growth analysis from 2011-2014

- Distribution data: Value shares within each category through channels such as Hypermarkets and Supermarkets, Convenience Stores, Food and Drinks Specialists and more
Packaging data: consumption breakdown for packaging materials and containers in each category, in terms of percentage share of number of units sold. Packaging material data for Flexible Packaging, Glass, Paper and Board, rigid metal and others; container data for: Bag/Sachet, Bottle, Box, Pouch and others.

Reasons To Buy
- Identify high potential categories and explore further market opportunities based on detailed value and volume analysis

- Existing and new players can analyse 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

- 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

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