The price per unit of sauces in the UK between 2009 and 2018 showed noticeable fluctuations. After a steady rise from 2009 to 2013, peaking in 2012, there was a decline that followed through 2017. A minor increase was observed in 2018. Despite these fluctuations, the compound annual growth rate over the last 5 years was negative.
Future trends to watch:
- Potential for ingredient cost hikes due to global supply chain challenges.
- Consumer preference shifts towards premium or organic sauces.
- Impact of new regulations on packaging affecting costs.
