Mexico Seasonings, Dressings & Sauces Market, 2020 - Older Young Adults Accounted for the Highest Rate of Consumption - ResearchAndMarkets.com

DUBLIN--()--The "Mexico Seasonings, Dressings & Sauces - Market Assessment and Forecasts to 2024" report has been added to ResearchAndMarkets.com's offering.

Summary:

The Mexican seasonings, dressings and sauces sector is led by the dressings category in value terms. The dressings category is also forecast to register fastest value and volume growth during 2019-2024. Convenience stores is the leading channel for distribution of seasoning, dressings and sauces in the country. Glass is the commonly used pack material in the sector. Older young adults (25-34 years) accounted for the highest consumption of seasonings, dressings and sauces in the country. Grupo Herdez S.A.B. de C.V., Conservas La Costena, S.A de C.V. and McCormick are the leading players in the sector.

The Publisher's Country Profile report on the seasonings, dressings & sauces sector in Mexico 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?

  • Sector data: Overall sector value and volume data with growth analysis for 2014-2024
  • Category coverage: Value and growth analysis for bouillons & stocks', chutneys & relishes', condiment sauces, dips, dressings, dry cooking sauces, herbs, spices & seasonings', tomato pastes and pures', and wet cooking sauces with inputs on individual segment share within each category and the change in their market share forecast for 2019-2024
  • Leading players: Market share of brands (in value and volume terms) and private labels (in value terms) in 2019
  • Distribution data: Percentage of sales within each category through distribution channels such as cash & carries and warehouse clubs , convenience stores, department stores, dollar stores, variety stores & general merchandise retailers, e-retailers, food & drinks specialists, hypermarkets & supermarkets, and other general retailers
  • Packaging data: consumption breakdown for package materials and pack types in each category, in terms of percentage share of number of units sold. Pack material data for glass, flexible packaging, paper & board, rigid plastics, and rigid metal; pack type for: jar, bottle, bag/sachet, tub, box, stand-up pouch, can, carton-liquid, foil, carton-folding, speciality container, tray, film and tube.

Scope:

  • The per capita consumption and expenditure of seasonings, dressings & sauces was higher in Mexico compared to both the global and the regional levels in 2019
  • Mexican consumers prefer value for money products in the seasonings, dressings & sauces sector
  • Convenience stores was the leading distribution channel in the Mexican seasonings, dressings & sauces sector
  • Private labels are growing at a higher CAGR than brands in the Mexican seasonings, dressings & sauces sector
  • Glass is the most commonly used pack material in the Mexican seasonings, dressings & sauces sector
  • Kids & babies account for the leading share in the consumption of seasonings, dressings & sauces in Mexico

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
  • 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 real GDP, nominal GDP, consumer price index, household consumption expenditure, population (by age group, gender, rural-urban split, and employed people and unemployment rate. It also includes economic summary of the country along with labor market and demographic trends.

Key Topics Covered:

Report scope

Executive summary

Part 1: Market Environment

  • Value and volume share of Mexico in the global and Latin American market
  • Growth analysis of Mexico compared to other leading countries in the Latin America market
  • PCC and PCE of Mexico compared to global and Latin America market

Part 2: Sector Deep Dive

  • Mexico seasonings, dressings & sauces sector snapshot
  • Market size analysis
  • Demand for premium products
  • Cross category comparison - value growth analysis and category winners and losers
  • Cross category comparison - volume growth analysis and category winners and losers

Part 3: Category Deep Dive

  • Per capita consumption analysis by category
  • Market size analysis- category: bouillons & stocks
  • Market size analysis- category: chutneys & relishes
  • Market size analysis- category: condiment sauces
  • Market size analysis- category: dips
  • Market size analysis- category: dressings
  • Market size analysis- category: dry cooking sauces
  • Market size analysis- category: herbs, spices & seasonings
  • Market size analysis- category: tomato pastes and pures
  • Market size analysis- category: wet cooking sauces

Part 4: Distribution Analysis

  • Channel share analysis

Part 5: Competitive Environment

  • Leading companies value and volume share
  • Brand share analysis of top 5 companies
  • Brand share analysis by category of top 5 companies
  • Private label share analysis by category
  • Growth of private labels compared to branded products
  • Degree of consolidation/fragmentation by category

Part 6: Health & Wellness Analysis

  • Health & wellness analysis by category
  • Health & wellness analysis by product attributes
  • Health & wellness analysis by consumer benefits
  • Cross category comparison- products with H&W Vs. non H&W claims

Part 7: Packaging Analysis

  • Pack material growth analysis
  • Pack type growth analysis
  • Closure type growth analysis
  • Primary outer type growth analysis

Part 8: City Deep Dive

  • Value and volume growth analysis by leading cities
  • Category wise growth analysis by leading cities
  • Growth contribution by leading cities

Part 9: Consumergraphics

  • Demographic analysis

Part 10: Macroeconomic Analysis

  • GDP growth and inflation
  • Population growth
  • Labor market trend
  • Economic summary, labor market trends and demographic trends
  • Mexico risk index (GCRI) 2019
  • Mexico risk analysis- compared to global and Latin America markets
  • Methodology
  • Definitions
  • Appendix

Companies Mentioned

  • Grupo Herdez S.A.B. de C.V.
  • Conservas La Costena S.A de C.V.
  • McCormick
  • Del Monte Foods
  • Grupo Desc Sa De Cv
  • Sabormex
  • Salsa Tamazula
  • Unilever
  • Nestle SA
  • Salsas Sibarita Es

For more information about this report visit https://www.researchandmarkets.com/r/wq7y4o

Contacts

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Laura Wood, Senior Press Manager
press@researchandmarkets.com
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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900