Seasoned well: Producers are anticipated to benefit from shifting consumer trends

The Seasoning, Sauce and Condiment Production industry in Canada experienced growth over the five years to 2018, despite mixed demand from grocery stores and food service providers for industry products. Rising per capita disposable income permitted consumers to trade up to premium and more expensive brands, while increasing health-consciousness curbed demand for most industry products high in sodium and calories. Industry participants introduced a variety of new products during this period to drive demand for their brands. Manufacturers focused on providing lighter, healthier brand extensions and new flavours in response to changing consumer needs. Over the five years to 2023, producers are anticipated to benefit from shifting consumer trends...read more.

Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 13-18
1.8%
Forecast Growth 18-23
Profit
Employment
4,224
Businesses
202

Industry Threats & Opportunities

  • Despite favourable trends, industry participants experienced intensifying competition from foreign manufacturers
  • The prices of some key ingredients used to produce sauces and condiments declined
  • The expanding immigrant population will drive demand for unique sauces and condiments
  • Industry Report - Industry SWOT Analysis Chapter

    The Seasoning, Sauce and Condiment Production industry in Canada is in the mature stage of its life cycle. Over the 10 years to 2023, industry value added (IVA), which measures an industry's contribution to the economy, is forecast to increase at an annualized rate of 0.8%. Although slightly slower, this growth rate falls generally in line with the projected annualized 1.9% growth of GDP during the same period, which is reflective of a mature industry. Along with the industry's performance growing in line with the overall economy, manufacturers experience full market acceptance of seasonings, condiments and sauces.However, in recent years, producers have introduced a variety of new products aimed at health- and nutrition-conscious consumers. Con...purchase to read more.

    Additional Insights for the Seasoning, Sauce and Condiment Production Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Seasoning, Sauce and Condiment Production Industry are

  • Ability to pass on cost increases
  • Control of distribution arrangements
  • Economies of scale and scope
  • IBISWorld analysts also discuss how external factors such as Per capita disposable income and Canadian-dollar effective exchange rate index in the Seasoning, Sauce and Condiment Production industry impact industry performance..

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    What's in this report

    What is the Seasoning, Sauce and Condiment Production Industry?

    This industry manufactures products such as mayonnaise, dressings, spices, extracts and dry food mixes from a variety of ingredients. Industry products are then sold to downstream wholesalers, food manufacturers and retail markets. Ketchup and other tomato-based sauces are excluded, as they are part of the Canned Fruit and Vegetable Processing industry in Canada (see IBISWorld report 31142CA).

    Industry Products
  • Mayonnaise, salad dressings and sandwich spreads
  • Prepared sauces (excluding tomato)
  • Salt, pepper and other spices
  • Dry mix food preparations
  • Flavouring extracts
  • Industry Activities
  • Manufacturing salad dressing
  • Producing mayonnaise
  • Manufacturing vinegar and cider
  • Producing mustard
  • Producing horseradish
  • Manufacturing hot sauce
  • Manufacturing soy sauce
  • Producing salt and seasonings
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Per capita disposable income
  • Canadian-dollar effective exchange rate index
  • Total health expenditure
  • World price of sugar

  • Current Performance
  • Disposable income increases
  • Import and export growth
  • Growing health concerns and profit
  • Interest in sauce heats up
  • Chart: Revenue Growth

  • Industry Outlook
  • Rising income
  • Profit and structure
  • Table: Seasoning, Sauce and Condiment Production Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Seasoning, Sauce and Condiment Production Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Frozen Food Production in Canada
  • Snack Food Production in Canada
  • Grocery Wholesaling in Canada
  • Supermarkets & Grocery Stores in Canada

  • Key Selling Industries
  • Dairy Wholesaling in Canada
  • Fruit & Vegetable Wholesaling in Canada
  • Glass Product Manufacturing in Canada
  • Plastic Film, Sheet & Bag Manufacturing in Canada

  • Products & Services
  • Mayonnaise, salad dressings and sandwich spreads
  • Dry mix food preparations
  • Flavouring extracts
  • Prepared sauces (excluding tomato)
  • Salt, pepper and other spices
  • Chart: Seasoning, Sauce and Condiment Production Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Exports
  • Grocery wholesalers
  • Retailers
  • Foodservice providers
  • Food manufacturers
  • Chart: Major Market Segmentation for the Seasoning, Sauce and Condiment Production Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Seasoning, Sauce and Condiment Production

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Seasoning, Sauce and Condiment Production Industry

  • Industry Globalization
    The Kraft Heinz Company, Unilever, McCormick & Company Inc.,
  • Table: The Kraft Heinz Company - financial performance
  • Table: Unilever - financial performance
  • Table: McCormick & Company Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Seasoning, Sauce and Condiment Production Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Seasoning, Sauce and Condiment Production Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Exports (2009-2023)
  • Imports (2009-2023)
  • Wages (2009-2023)
  • Per capita disposable income (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Computer-Aided Manufacturing
  • The use of computer software to control machine tools and related machinery.
  • Radiant Energy Vacuum
  • Technology that combines vacuum pressure and microwave energy to enhance the flavour profile and shelf life of ingredients.
  • Wholesale Bypass
  • The ability for retailers and foodservice providers to save on operating costs by sourcing inputs directly from manufacturers rather than wholesalers.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Seasoning, Sauce and Condiment Production market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Seasoning, Sauce and Condiment Production:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Seasoning, Sauce and Condiment Production market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Seasoning, Sauce and Condiment Production, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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