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Sales of Sauces, Dressings and Condiments Market to Surge Strongly in Germany: Ken Research

July 2014  

The proportion of aging population in Germany has been growing rapidly, thus causing a significant impact on the food safety considerations as older people showcase preference for consuming fresh home-cooked food. The increasing food inflation and the higher cost of dining outside the home in popular restaurants has led to the emergence of the trend for cooking food at home.

The sauces, dressings and condiments market has been treading the upward trajectory by growing at the CAGR of 3.7% from 2011-2013 and is further expected to grow at the CAGR of 5.5% from 2013-2018. The value sales growth rate for sauces, dressings and condiments in Germany has surpassed the volume sales growth of sauces, dressings and condiments in Germany for the period 2011-2013, thus showing an year on year increase in the unit price of the sauces, dressings and condiments over the years due to higher quality products made with natural ingredients. The leading brands in the sauces, dressings and condiments market in Germany are Unilever Group, Fuchs Gewurze, Carl Kuhne KG, Kraft Foods and others.

The growth of sauces, dressings and condiments market in Germany is majorly driven by the cooking sauces segment, which dominated the overall revenues of this market with a share of ~% in 2013. The herbs and spices, which contribute significantly to the revenues of cooking sauces, have been lauded for the growing revenues of Germany sauces, dressings and condiments market.  
 

According to research report, “Germany Packaged Food Industry Outlook to 2018 – Focus on Nutritional Food and Staples Market” by Ken Research, “The sauces, dressings and condiments sector, which accounted for the third position in the packaged food industry in Germany, is likely to grow at a steady rate in the future, owing to the trend of cooking meals at home on their own, using ready-to-use sauces and dressings which make the food taste good. Discounters will continue to be the prime retail channel in Germany in the coming years”.
 
The report provides detailed overview on packaged food industry in Germany and helps readers to identify the ongoing trends in the key segments of the industry and anticipated growth in future depending upon changing industry dynamics in coming years. The report will aid industry consultants and analysts, packaged food manufacturing companies and the entire packaged food supply chain stakeholders to align their market centric strategies according to ongoing and expected trends in future.