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Country Profile: Seasonings, Dressings & Sauces sector in Austria

Country Profile: Seasonings, Dressings & Sauces sector in Austria

  • April 2017
  • 136 pages
  • ID: 4910415
  • Format: PDF
  • By GlobalData

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Country Profile: Seasonings, Dressings & Sauces sector in Austria

Summary
The impulsive consumer demand for new tastes, and acceptance of multi-cuisine traditions are driving the demand for Seasonings, Dressings & Sauces sector in Austria. The country is expected to register the fastest value as well as volume growth in the Western European region during the forecast period (2016-2021). While Wet Cooking Sauces market is leading the sector in value terms, Herbs, Spices & Seasonings is leading in volume terms, in 2016. Hypermarkets & Supermarkets accounts for nearly half of the distribution share in value terms. The sector is partly consolidated with Orkla Group being the leading company in the country.

GlobalData’s Country Profile report on the Seasonings, Dressings & Sauces sector in Austria 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
- The Austrian Seasonings, Dressings & Sauces sector grew at a CAGR of 3.6% during 2011-2016 and is forecast to register growth at a CAGR of 5.3% during 2016-2021.
- Of the Nine markets, Wet Cooking Sauces is the largest market in the Austrian Meat sector in value terms, while Herbs, Spices & Seasonings is the leading market in volume term in 2016.
- The per capita consumption of seasonings, dressings & sauces in the country is higher compared to global levels in 2016 and expected to be higher during 2016-2021.
- The Austrian Seasonings, Dressings & Sauces sector is partly consolidated with the top five players accounting for nearly 35.7% of the market share by value in 2016.
- Hypermarkets & Supermarkets is the leading distribution channel for the Mexican Meat sector, accounting for a total value share of 50.5% in 2016.
- Glass is the most commonly used packaging material in the Colombian Meat sector.

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 Prepared Meals 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.

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