Retail sales of sauces, dips and condiments are predicted to experience only modest growth in volume terms throughout the forecast period. With the economic outlook remaining uncertain, at least in the short-term, constrained consumer purchasing power will have a negative impact on performance.
The rising popularity of international cuisine will continue to have a positive impact on sauces, dressings and condiments during the forecast period, as consumers seek out more distinctive and authentic offerings to captivate their senses. This trend will even be prevalent amongst budget-conscious Hungarians, who will invest in gastro-cultural products, despite their higher prices.
As sustainability becomes an increasingly important consideration in consumer purchasing decisions, an increasing number of companies are changing the packaging of their products to be more environmentally-friendly. The Kraft Heinz Company, for example, has set itself an ambitious target of making all its packaging recyclable, reusable or compostable by 2025.
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Understand the latest market trends and future growth opportunities for the Sauces, Dips and Condiments industry in Hungary with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Sauces, Dips and Condiments industry in Hungary, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Sauces, Dips and Condiments
This is the aggregation of cooking ingredients and condiments, dips, pickled products, sauces, yeast-based spreads, and other sauces, dips and condiments. Excludes: Unpackaged/bulk sauces, dressings and condiments, such as unpackaged herbs and spice or instances where consumers bring an empty contained to be (re)filled. Excludes: Table salt, vinegar, baking ingredients, desiccated coconut, and cooking cream/milk/powder for cooking and baking.
See All of Our DefinitionsThis report originates from Passport, our Sauces, Dips and Condiments research and analysis database.
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