Operators in the Condiments and Seasoning Manufacturing industry convert a variety of raw ingredients into packaged, ready-to-use spices, sauces and garnishes. The non-discretionary nature of many of the industry's products has protected the industry from wider economic volatility to some extent. However, conditions were challenging at the start of the five-year period through 2015-16 owing to the lingering effects of the economic downturn. Since then, growing consumer confidence and consumer preferences trending towards more sophisticated flavours have spurred growth for industry operators.
Enterprises in this industry convert a variety of raw ingredients into packaged, ready-to-use condiments and seasonings. This includes spices, sauces and garnishes such as mayonnaise, mustard powder, prepared mustard and vinegar. The processing of salt into table salt is also included in the industry.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.