Country Profile: Seasonings, Dressings & Sauces sector in Venezuela

  • ID: 4307888
  • Report
  • Region: Venezuela
  • 107 pages
  • GlobalData
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FEATURED COMPANIES

  • American Roland Food Corp
  • Empresas Polar SA
  • Krisol
  • Nestle S.A.
  • TAMA Corporation
  • Vera
  • MORE
Country Profile: Seasonings, Dressings & Sauces sector in Venezuela

Summary

Venezuelan Seasonings, Dressings & Sauces sector accounted for a volume share of 0.6% of the global market and 10.9% of the regional (Latin America) market, in 2016. The Seasonings, Dressings & Sauces sector is valued at Bs8, 689.7 million (US$97.8 million) in 2016 and is expected to grow at a CAGR of 2.6% during 2016-2021.

Changing lifestyle due to rising urbanisation rate and urge for new taste preferences among consumers, particularly among young population in country are the main drivers aiding growth in the Seasonings, Dressings & Sauces sector. Per capita consumption stood at 4.81kg when compared to the global and Latin America levels of 4.51kg and 3.62kg, respectively, in 2016. Furthermore, the volume share of Venezuelan Seasonings, Dressings & Sauces sector in the global and Latin American region is expected to reach to 0.6% and 9.9%, respectively, by 2021.

Convenience Stores is the leading distribution channel in the Venezuelan Seasonings, Dressings & Sauces sector, accounting for a total value share of 48.2% in 2016. The share of all major distribution channels increased marginally from 2011 levels. The Venezuelan Seasonings, Dressings & Sauces sector is partly consolidated with the top five players accounting for 43.3% of the market share by value in 2016. Furthermore, Heinz is the leading brand by value in the sector.

Venezuela’s GDP per capita grew at a CAGR of 82.7% during 2011-2016 and reached Bs955,997 in 2016. Low employment rate and high consumer prices challenge market growth.

The report "Country Profile: Seasonings, Dressings & Sauces sector in Venezuela" 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.

In particular, this report provides the following analysis:
- 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 Purées, 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.

Companies mentioned in this report: Industrias Iberia Ca, Nestle S.A., Unilever Plc, Krisol, Procesadora De Alimentos Prodalic C.A, Serpis, TAMA Corporation, American Roland Food Corp, Empresas Polar SA, Jacob Fruitfield Food Group, Mccormick & Company, Inc., Reckitt Benckiser Group plc, Vera, Wanjashan International, Badia Spices Inc.

Scope

- Herbs, Spices & Seasonings is the largest market by value in 2016 and it is expected to grow at a CAGR of 1.4% during 2016-2021
- Convenience Stores is the leading distribution channel in the Norwegian Seasonings, Dressings & Sauces sector
- Heinz is the leading brand by value in the country
- Glass is the most commonly used packaging material in the Venezuelan Seasonings, Dressings & Sauces sector
- Low employment rate and high consumer prices challenge market growth

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.
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Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • American Roland Food Corp
  • Empresas Polar SA
  • Krisol
  • Nestle S.A.
  • TAMA Corporation
  • Vera
  • MORE
Table of Contents
1. Report Scope
2. Executive summary
3. Venezuela in the global and regional context
3.1. Venezuela’s market share in the Global and Latin American Seasonings, Dressings & Sauces sectors
3.2. Venezuela compared to other leading countries in the Latin America region
4. Market size analysis - Seasonings, Dressings & Sauces Sector
4.1. Value and volume analysis - Seasonings, Dressings & Sauces sector in Venezuela
4.2. Per capita consumption analysis -Venezuela compared to the global and Latin America region
4.3. Value and volume analysisof markets in the Seasonings, Dressings &Saucessector
4.4. Growth analysis by markets
5. Market and category analysis
5.1. Per capita consumption analysis by markets
5.2. Market analysis: Bouillons & Stocks
5.3. Market analysis: Chutneys & Relishes
5.4. Market analysis: Condiment Sauces
5.5. Market analysis: Dips
5.6. Market analysis: Dressings
5.7. Market analysis: Dry Cooking Sauces
5.8. Market analysis: Herbs, Spices & Seasonings
5.9. Market analysis: Tomato Pastes and Purées
5.10. Market analysis: Wet Cooking Sauces
6. Distribution analysis
6.1. Distribution channel share analysis: Seasonings, Dressings & Sauces
6.2. Distribution channel share analysis: Bouillons & Stocks
6.3. Distribution channel share analysis: Chutneys & Relishes
6.4. Distribution channel share analysis: Condiment Sauces
6.5. Distribution channel share analysis: Dips
6.6. Distribution channel share analysis:Dressings
6.7. Distribution channel share analysis: Dry Cooking Sauces
6.8. Distribution channel share analysis: Herbs, Spices & Seasonings
6.9. Distribution channel share analysis: Tomato Pastes and Purées
6.10. Distribution channel share analysis: Wet Cooking Sauces
7. Competitive landscape
7.1. Brand share analysis by sector
7.2. Brand share analysis by markets
8. Packaging analysis
8.1. Packaging share and growth analysis by packaging material in the Seasonings, Dressings & Sauces sector
8.2. Packaging share analysis by packaging materialinSeasonings, Dressings & Sauces markets
8.3. Packaging share and growth analysis by container type in the Seasonings, Dressings & Sauces sector
8.4. Packaging share analysis by container type in Seasonings, Dressings & Sauces markets
8.5. Packaging share and growth analysis by closure type in the Seasonings, Dressings & Sauces sector
8.6. Packaging share analysis by closure type in Seasonings, Dressings & Sauces markets
8.7. Packaging share and growth analysis by outer type in the Seasonings, Dressings & Sauces sector
8.8. Packaging share analysis by outer type in Seasonings, Dressings & Sauces markets
9. Macroeconomic analysis
9.1. GDP per capita
9.2. Population and population growth
9.3. Consumer Price Index
9.4. Population breakdown by age
10. Methodology
11. Definitions
12. Appendix
13. About the Publisher
14. Disclaimer
15. Contact Us 1

List of Tables
Table 1: Volume share of Venezuela in the global and Latin America Seasonings, Dressings & Sauces sector, 2011-2021
Table 2: Growth analysis by markets, 2016-2021
Table 3: Value analysis of Bouillons & Stocks market by categories, 2011-2021
Table 4: Volume analysis of Bouillons & Stocks market by categories, 2011-2021
Table 5: Value analysis of Chutneys & Relishes market by categories, 2011-2021
Table 6: Volume analysis of Chutneys & Relishes market by categories, 2011-2021
Table 7: Value analysis by of Condiment Sauces market categories, 2011-2021
Table 8: Volume analysis of Condiment Sauces market by categories, 2011-2021
Table 9: Value analysis of Dips market by categories, 2011-2021
Table 10: Volume analysis of Dips market by categories, 2011-2021
Table 11: Value analysis of Dressings market by categories, 2011-2021
Table 12: Volume analysis of Dressings market by categories, 2011-2021
Table 13: Value analysis of Dry Cooking Sauces market by categories, 2011-2021
Table 14: Volume analysis of Dry Cooking Sauces market by categories, 2011-2021
Table 15: Value analysis of Herbs, Spices & Seasonings market by categories, 2011-2021
Table 16: Volume analysis of Herbs, Spices & Seasonings market by categories, 2011-2021
Table 17: Value analysis of Wet Cooking Sauces market by categories, 2011-2021
Table 18: Volume analysis of Wet Cooking Sauces market by categories, 2011-2021
Table 19: Brand Value-Seasonings, Dressings & Sauces sector
Table 20: Brand Value-Bouillons & Stocks market
Table 21: Brand Value-Chutneys & Relishes market
Table 22: Brand Value-Condiment Sauces market
Table 23: Brand Value-Dips market
Table 24: Brand Value-Dressings market
Table 25: Brand Value-Dry Cooking Sauces market
Table 26: Brand Value-Herbs, Spices &Seasonings market
Table 27: Brand Value-Tomato Pastes and Purées market
Table 28: Brand Value-Wet Cooking Sauces market
Table 29: Market Definitions
Table 30: Category Definitions
Table 31: Category Definitions
Table 32: Category Definitions
Table 33: Category Definitions
Table 34: Channel Definitions
Table 35: Market Value for Bouillons & Stocks- by category (Bs Million), 2011-2021
Table 36: Market Value for Chutneys & Relishes- by category (Bs Million), 2011-2021
Table 37: Market Value for Condiment Sauces- by category (Bs Million), 2011-2021
Table 38: Market Value for Dips - by category (Bs Million), 2011-2021
Table 39: Market Value for Dressings - by category (Bs Million), 2011-2021
Table 40: Market Value for Dry Cooking Sauces- by category (Bs Million), 2011-2021
Table 41: Market Value for Herbs, Spices & Seasonings-by category (Bs Million), 2011-2021
Table 42: Market Value for Tomato Pastes and Purées- by category (Bs Million), 2011-2021
Table 43: Market Value for Wet Cooking Sauces-by category (Bs Million), 2011-2021
Table 44: Market Value for Bouillons & Stocks- by category (US$ Million), 2011-2021
Table 45: Market Value for Chutneys & Relishes- by category (US$ Million), 2011-2021
Table 46: Market Value for Condiment Sauces- by category (US$ Million), 2011-2021
Table 47: Market Value for Dips - by category (US$ Million), 2011-2021
Table 48: Market Value for Dressings - by category (US$ Million), 2011-2021
Table 49: Market Value for Dry Cooking Sauces- by category (US$ Million), 2011-2021
Table 50: Market Value for Herbs, Spices & Seasonings-by category (US$ Million), 2011-2021
Table 51: Market Value for Tomato Pastes and Purées- by category (US$ Million), 2011-2021
Table 52: Market Value for Wet Cooking Sauces-by category (US$ Million), 2011-2021
Table 53: Market Value for Bouillons & Stocks- by category (Kg Million), 2011-2021
Table 54: Market Value for Chutneys & Relishes- by category (Kg Million), 2011-2021
Table 55: Market Value for Condiment Sauces- by category (Kg Million), 2011-2021
Table 56: Market Value for Dips - by category (Kg Million), 2011-2021
Table 57: Market Value for Dressings - by category (Kg Million), 2011-2021
Table 58: Market Value for Dry Cooking Sauces- by category (Kg Million), 2011-2021
Table 59: Market Value for Herbs, Spices & Seasonings-by category (Kg Million), 2011-2021
Table 60: Market Value for Tomato Pastes and Purées- by category (Kg Million), 2011-2021
Table 61: Market Value for Wet Cooking Sauces-by category (Kg Million), 2011-2021
Table 62: Seasonings, Dressings & Sauces Sales Distribution in Venezuela-by Markets (Bs Million), 2016
Table 63: Packaging Material (in Million pack units)
Table 64: Container Type (in Million pack units)
Table 65: Closure Type (in Million pack units)
Table 66: Outer Type (in Million pack units)
Table 67: Exchange Rates: (US$-Bs), 2011-2021
Table 68: GDP Per Capita (Bs)
Table 69: Population
Table 70: Consumer Price Index
Table 71: Age Profile (Millions of Persons)

List of Figures
Figure 1: Venezuela compared to other top four countries - market size, growth and competitive landscape
Figure 2: Market size analysis by value and volume, Seasonings, Dressings & Sauces sector, 2011-2021
Figure 3: Per capita consumption of Seasonings, Dressings & Sauces in Venezuela compared to global and Latin America average, 2011-2021
Figure 4: Value and volume growth analysis by markets, 2016-2021
Figure 5: Per capita consumption (by markets) in Venezuela compared to global and Latin Americaaverage, 2016
Figure 6: Growth analysis by value and volume in the Bouillons &Stocksmarket, 2011-2021
Figure 7: Value and volume growth analysis, Chutneys & Relishes market, 2011-2021
Figure 8: Value and volume growth analysis, Condiment Saucesmarket, 2011-2021
Figure 9: Value and volume growth analysis, Dips market, 2011-2021
Figure 10: Value and volume growth analysis, Dressings market, 2011-2021
Figure 11: Value and volume growth analysis, Dry Cooking Sauces market, 2011-2021
Figure 12: Value and volume growth analysis, Herbs, Spices & Seasonings market, 2011-2021
Figure 13: Value and volume growth analysis, Tomato Pastes and Puréesmarket, 2011-2021
Figure 14: Value and volume growth analysis, Wet Cooking Saucesmarket, 2011-2021
Figure 15: Distribution channel share, Seasonings, Dressings & Sauces, 2011-2016
Figure 16: Distribution channel share, Bouillons & Stocks market, 2011-2016
Figure 17: Distribution channel share, Chutneys & Relishes market, 2011-2016
Figure 18: Distribution channel share, Condiment Sauces market, 2011-2016
Figure 19: Distribution channel share, Dips market, 2011-2016
Figure 20: Distribution channel share, Dressings market, 2011-2016
Figure 21: Distribution channel share, Dry Cooking Sauces market, 2011-2016
Figure 22: Distribution channel share, Herbs, Spices & Seasonings market, 2011-2016
Figure 23: Distribution channel share, Tomato Pastes and Purées market, 2011-2016
Figure 24: Distribution channel share, Wet Cooking Sauces market, 2011-2016
Figure 25: Leading brands in the VenezuelanSeasonings, Dressings & Sauces sector, value share, 2016
Figure 26: Leading brands in the Bouillons & Stocks market, value share, 2016
Figure 27: Leading brands in the Chutneys & Relishes market, value share, 2016
Figure 28: Leading brands in the Condiment Sauces market, value share, 2016
Figure 29: Leading brands in the Dips market, value share, 2016
Figure 30: Leading brands in the Dressings market, value share, 2016
Figure 31: Leading brands in the Dry Cooking Sauces market, value share, 2016
Figure 32: Leading brands in the Herbs, Spices & Seasonings market, value share, 2016
Figure 33: Leading brands in the Tomato Pastes and Purées market, value and volume share, 2016
Figure 34: Leading brands in the Wet Cooking Sauces market, value share, 2016
Figure 35: Packaging share and growth analysis by packaging material, 2011-2021
Figure 36: Use of packaging material by markets (in pack units), 2016
Figure 37: Packaging share and growth analysis by container type, 2011-2021
Figure 38: Use of container type by markets (in pack units), 2016
Figure 39: Packaging share and growth analysis by closure type, 2011-2021
Figure 40: Use of closure type by markets (in pack units), 2016
Figure 41: Packaging share and growth analysis by outer type, 2011-2021
Figure 42: Use of outer type by markets (in pack units), 2016
Figure 43: Relative comparison of countries based on PEST analysis
Figure 46: Venezuela’s GDP per capita, 2011-2016
Figure 47: Population growth in Venezuela, 2011-2016
Figure 48: Consumer Price Index, Venezuela, 2010-2016
Figure 49: Age Profile, Venezuela, 2016
Figure 50: About the Publisher
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  • Industrias Iberia Ca
  • Nestle S.A.
  • Unilever Plc
  • Krisol
  • Procesadora De Alimentos Prodalic C.A
  • Serpis
  • TAMA Corporation
  • American Roland Food Corp
  • Empresas Polar SA
  • Jacob Fruitfield Food Group
  • Mccormick & Company Inc.
  • Reckitt Benckiser Group plc
  • Vera
  • Wanjashan International
  • Badia Spices Inc.
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
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