Market for Mixed Condiment, Sause and Seasoning in the United States
Market Overview
The U.S. market for mixed condiments, sauses and seasonings dropped slightly to $
in , declining by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, enjoyed a prominent expansion. Over the period under review, the market reached the peak level at $ in , and then dropped modestly in the following year.
In value terms, mixed condiment, sause and seasoning production contracted to $ in . Overall, production, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2008 with an increase of %. Mixed condiment, sause and seasoning production peaked at $ in , and then reduced slightly in the following year.
in , declining by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, enjoyed a prominent expansion. Over the period under review, the market reached the peak level at $ in , and then dropped modestly in the following year.In value terms, mixed condiment, sause and seasoning production contracted to $
in . Overall, production, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2008 with an increase of %. Mixed condiment, sause and seasoning production peaked at $ in , and then reduced slightly in the following year.Consumption
Mixed condiment, sause and seasoning consumption in the United States expanded modestly to tons in , increasing by % compared with . Overall, consumption continues to indicate a strong increase. Mixed condiment, sause and seasoning consumption peaked in and is expected to retain growth in years to come.
The size of the market for mixed condiments, sauses and seasonings in the United States expanded to $ in , with an increase of % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed strong growth. Over the period under review, the market hit record highs in and is expected to retain growth in the immediate term.
tons in , increasing by % compared with . Overall, consumption continues to indicate a strong increase. Mixed condiment, sause and seasoning consumption peaked in and is expected to retain growth in years to come.The size of the market for mixed condiments, sauses and seasonings in the United States expanded to $
in , with an increase of % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed strong growth. Over the period under review, the market hit record highs in and is expected to retain growth in the immediate term.Market Forecast
Driven by increasing demand for mixed condiments, sauses and seasonings in the United States, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .
In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to bring the market volume to tons by the end of .In value terms, the market is forecast to increase with an anticipated CAGR of +
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Affected by an intensive growth in domestic production, which will gradually displace imported products from the market, the share of imports decreased from % in 2007 to % in . The United States domestic supply is expected to continue its growth.
% in 2007 to % in . The United States domestic supply is expected to continue its growth.Trade Balance
The United States remains a net importer of mixed condiment, sause and seasoning; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a trade deficit of tons, which was equal to $. Those figures reflect the fact that neither imports nor exports don’t dominate the trade balance, and the country may export not only the product manufactured domestically, but also re-export some previously imported goods.
. In , there was a trade deficit of tons, which was equal to $. Those figures reflect the fact that neither imports nor exports don’t dominate the trade balance, and the country may export not only the product manufactured domestically, but also re-export some previously imported goods.
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