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Country Profile: Seasonings, Dressings & Sauces sector in Hungary

  • Id : RNR-95099
  • Category : Food Beverages
  • Publish Date : 25-May-2017
  • Pages : 142
  • Format : PDF
License Type

Country Profile: Seasonings, Dressings & Sauces sector in Hungary


GlobalData?s Country Profile report on the Seasonings, Dressings & Sauces sector in Hungary 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.

The urge for new tastes and flavor preferences and rising acceptance of multi-cuisine food formats, coupled with economic recovery are driving the demand for Seasonings, dressings and sauces in Hungary. Condiment Sauces is the largest market, while the Bouillons & Stocks market is expected to register the fastest growth during 2016-2021, in value terms. Hypermarkets & Supermarkets is the largest channel for the distribution of seasonings, dressings and sauces in the country. The top 5 players in the country account for 38.5% value share in 2016. Univer Zrt and Knorr are the leading market players in the Hungarian Seasonings, Dressings & Sauces sector.

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 Pur?es, 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.


- The Seasonings, Dressings & Sauces sector in Hungary is forecast to grow at 2.2% CAGR in value terms during 2016-2021
- Per capita consumption of Herbs, Spices & Seasonings is higher in Hungary compared to the regional and global levels
- Hypermarkets & Supermarkets is the largest distribution channel followed by Convenience Stores and Food & Drinks Specialists
- Univer is the leading brand in value terms in the Hungarian Seasonings, Dressings & Sauces sector, while Knorr leads in volume terms
- Condiment Sauces market offers products with Health & Wellness claims in the Seasonings, Dressings & Sauces Sector
- Glass is the most commonly used packaging material in the Hungarian Seasonings, Dressings & Sauces 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 Seasonings, Dressings & Sauces 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.