Sauces, Dressings, and Condiments Market Set to Exhibit Tremendous Growth in Coming Years

“The increasing popularity of exotic dishes and international cuisines and surging disposable income of the people are the major factors responsible for the soaring demand for dressings, sauces, and condiments across the globe”. There has been a sharp rise in travel and tourism over the last few years and this has led to a huge rise in interaction between people of different cultures. This has massively increased the popularity of many regional cuisines and food items, that require sauces and dressings for their preparation.

“The other major factor fuelling the need for sauces and dressings is the increasing preference for healthy snacks throughout the world”. Healthy sauces are often used in preparing these snacks, thereby boosting the demand for various kinds of sauces across the world. Due to these drivers, “the global sauces, dressings, and condiments market generated $115.3 billion revenue in 2017 and is predicted to attain a value of $143.9 billion in 2023”, advancing at a CAGR of 3.8% from 2018 to 2023.

Sauces, Dressings, and Condiments Market


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On the other hand, “the sales of table sauces was found to be the highest in the past”. As a result, this category generated considerably high revenue in the sauces, dressings, and condiments market over the last few years. Chili sauces, mayonnaise, tomato sauces, mustard sauces, soy sauces, horseradish sauces, barbecue sauces, and oyster sauces are the main types of table sauces used across the world. Out of these different sauces, the usage of mayonnaise and tomato sauces was found to be considerably high in the last few years.

Historically, “the APAC (Asia-Pacific) sauces, dressings, and condiments market was dominated by Japan”. This is ascribed to the widespread usage of various types of sauces such as wasabi sauce, soy sauce, and teriyaki sauce in many traditional Japanese dishes and cuisines. However, despite these factors, “the market growth in this country will be outpaced by that in India in the upcoming years”, as per the estimates of the market research firm P&S Intelligence, mainly because of the rising popularity of fast foods in the country.

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Hence, it can be safely said that the market will surge rapidly throughout the globe over the next few years, on account of the increasing popularity of international cuisines and exotic dishes and growing cultural exchange and tourism activities across the world.

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