Market Overview:
The global composite seasoning product market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for convenience foods and rising disposable income of consumers. In terms of type, the sauce segment is expected to dominate the global composite seasoning product market during the forecast period, followed by juice and oils segments. The retail sector is expected to be the largest application segment for composite seasoning products during the forecast period, followed by restaurant and food processing plant segments.
Product Definition:
A composite seasoning product is a blend of spices that are used to flavor food. This type of seasoning is important because it can add depth and complexity to dishes. It can also be used to make meals more flavorful without adding a lot of salt or fat.
Sauce:
Sauce is a condiment, flavoring agent or dressing used as a component in another food product. It can be made from scratch or purchased pre-made from stores and restaurants. The sauce industry has been growing at an exponential rate for the past few years due to changing consumer tastes and demand for ethnic foods across the globe. This factor is expected to have a positive impact on composite seasoning products market over the forecast period.
Juice:
Juice is a concentrated fruit product that consists of pulp, seeds and water. It is used in composite seasoning products to add flavor and color to the food. Composite seasoning products are made up of natural ingredients such as oil, herbs and spices along with preservatives which give it an edge over other conventional seasonings available in the market.
Application Insights:
The retailers segment held the largest share of over 60.0% in 2017. The product is widely used by supermarkets, hypermarkets, convenience stores and food retail outlets to enhance the flavor of various foods including curries, soups & sauces, snacks & cereals and other composite dishes. In addition to enhancing the overall taste of these products; it also helps reduce salt intake which is a major concern for most people globally due to high blood pressure levels coupled with an unhealthy lifestyle dominated by too much stress and not enough physical activity.
Regional Analysis:
North America dominated the global composite seasoning product market in 2017. The region is expected to witness a considerable growth rate of 5.9% from 2018 to 2030 owing to increasing demand for ethnic foods and rising awareness about healthy lifestyle among consumers in the region. Furthermore, growing popularity of Mexican cuisine coupled with increasing number of restaurants serving authentic Mexican food is projected to drive regional product demand over the forecast period.
Europe accounted for a significant share in global market revenue owing to high consumer preference toward ethnic foods and sauces as well as increased adoption by restaurant chains serving various cuisines across countries such as Germany, U.K.
Growth Factors:
- Increasing demand for convenience foods: The growing trend of busy lifestyles has led to an increased demand for convenient foods that are easy to prepare and do not require a lot of time. Composite seasoning products fit this need perfectly, as they are quick and easy to use and can add flavor to any dish in just a few seconds.
- Rising popularity of ethnic cuisine: With people becoming more interested in different cultures and their cuisines, the demand for ethnic seasonings is on the rise. Composite seasoning products offer a variety of flavors from all over the world, making it possible to add some spice to any dish.
- Health-consciousness among consumers: There is a growing trend among consumers towards healthier eating habits, which has led to an increased demand for healthy seasonings that don’t contain artificial additives or preservatives. Composite seasoning products fit this need perfectly, as they are made with all natural ingredients and contain no added salt or sugar.
Scope Of The Report
Report Attributes
Report Details
Report Title
Composite Seasoning Product Market Research Report
By Type
Sauce, Juice, Oils, Other
By Application
Retailers, Restaurant, Food Processing Plant
By Companies
CheilJedang, Ottogi, Young Add Food Industry, Dongwon Home Food, Lee Kum Kee, Foshan Haitian Flavouring and Food Company, Shanghai Totole, Lao Gan Ma, Yihai International, Teway Food, Zhumadian Wangshouyi Multi-Flavoured Spice Group, Hong Jiujiu, Chongqing Dezhuang, Inner Mongolia Red Sun, Anji Foodstuff, Kewpie Food, House Foods, Ajinomoto, Ebara Foods, Beijing Salion Foods
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
126
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Composite Seasoning Product Market Report Segments:
The global Composite Seasoning Product market is segmented on the basis of:
Types
Sauce, Juice, Oils, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Retailers, Restaurant, Food Processing Plant
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- CheilJedang
- Ottogi
- Young Add Food Industry
- Dongwon Home Food
- Lee Kum Kee
- Foshan Haitian Flavouring and Food Company
- Shanghai Totole
- Lao Gan Ma
- Yihai International
- Teway Food
- Zhumadian Wangshouyi Multi-Flavoured Spice Group
- Hong Jiujiu
- Chongqing Dezhuang
- Inner Mongolia Red Sun
- Anji Foodstuff
- Kewpie Food
- House Foods
- Ajinomoto
- Ebara Foods
- Beijing Salion Foods
Highlights of The Composite Seasoning Product Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Sauce
- Juice
- Oils
- Other
- By Application:
- Retailers
- Restaurant
- Food Processing Plant
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Composite Seasoning Product Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Composite seasoning product is a blend of herbs and spices that are designed to provide a complex flavor profile in food. It is often used as a replacement for traditional seasonings such as salt, pepper, and garlic.
Some of the major companies in the composite seasoning product market are CheilJedang, Ottogi, Young Add Food Industry, Dongwon Home Food, Lee Kum Kee, Foshan Haitian Flavouring and Food Company, Shanghai Totole, Lao Gan Ma, Yihai International, Teway Food, Zhumadian Wangshouyi Multi-Flavoured Spice Group, Hong Jiujiu, Chongqing Dezhuang, Inner Mongolia Red Sun, Anji Foodstuff, Kewpie Food, House Foods, Ajinomoto, Ebara Foods, Beijing Salion Foods.
The composite seasoning product market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Composite Seasoning Product Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Composite Seasoning Product Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Composite Seasoning Product Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Composite Seasoning Product Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Composite Seasoning Product Market Size & Forecast, 2018-2028
4.5.1 Composite Seasoning Product Market Size and Y-o-Y Growth
4.5.2 Composite Seasoning Product Market Absolute $ Opportunity
Chapter 5 Global Composite Seasoning Product Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Composite Seasoning Product Market Size Forecast by Type
5.2.1 Sauce
5.2.2 Juice
5.2.3 Oils
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Composite Seasoning Product Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Composite Seasoning Product Market Size Forecast by Applications
6.2.1 Retailers
6.2.2 Restaurant
6.2.3 Food Processing Plant
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Composite Seasoning Product Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Composite Seasoning Product Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Composite Seasoning Product Analysis and Forecast
9.1 Introduction
9.2 North America Composite Seasoning Product Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Composite Seasoning Product Market Size Forecast by Type
9.6.1 Sauce
9.6.2 Juice
9.6.3 Oils
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Composite Seasoning Product Market Size Forecast by Applications
9.10.1 Retailers
9.10.2 Restaurant
9.10.3 Food Processing Plant
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Composite Seasoning Product Analysis and Forecast
10.1 Introduction
10.2 Europe Composite Seasoning Product Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Composite Seasoning Product Market Size Forecast by Type
10.6.1 Sauce
10.6.2 Juice
10.6.3 Oils
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Composite Seasoning Product Market Size Forecast by Applications
10.10.1 Retailers
10.10.2 Restaurant
10.10.3 Food Processing Plant
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Composite Seasoning Product Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Composite Seasoning Product Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Composite Seasoning Product Market Size Forecast by Type
11.6.1 Sauce
11.6.2 Juice
11.6.3 Oils
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Composite Seasoning Product Market Size Forecast by Applications
11.10.1 Retailers
11.10.2 Restaurant
11.10.3 Food Processing Plant
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Composite Seasoning Product Analysis and Forecast
12.1 Introduction
12.2 Latin America Composite Seasoning Product Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Composite Seasoning Product Market Size Forecast by Type
12.6.1 Sauce
12.6.2 Juice
12.6.3 Oils
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Composite Seasoning Product Market Size Forecast by Applications
12.10.1 Retailers
12.10.2 Restaurant
12.10.3 Food Processing Plant
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Composite Seasoning Product Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Composite Seasoning Product Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Composite Seasoning Product Market Size Forecast by Type
13.6.1 Sauce
13.6.2 Juice
13.6.3 Oils
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Composite Seasoning Product Market Size Forecast by Applications
13.10.1 Retailers
13.10.2 Restaurant
13.10.3 Food Processing Plant
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Composite Seasoning Product Market: Competitive Dashboard
14.2 Global Composite Seasoning Product Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CheilJedang
14.3.2 Ottogi
14.3.3 Young Add Food Industry
14.3.4 Dongwon Home Food
14.3.5 Lee Kum Kee
14.3.6 Foshan Haitian Flavouring and Food Company
14.3.7 Shanghai Totole
14.3.8 Lao Gan Ma
14.3.9 Yihai International
14.3.10 Teway Food
14.3.11 Zhumadian Wangshouyi Multi-Flavoured Spice Group
14.3.12 Hong Jiujiu
14.3.13 Chongqing Dezhuang
14.3.14 Inner Mongolia Red Sun
14.3.15 Anji Foodstuff
14.3.16 Kewpie Food
14.3.17 House Foods
14.3.18 Ajinomoto
14.3.19 Ebara Foods
14.3.20 Beijing Salion Foods
