Wonder

Condiment Market

Delivered January 28, 2020. Contributor: Sylvester G.

Goals

To obtain the revenue, break down by types, and the top players of the condiment market globally and in the UK for research purposes.

Early Findings

Condiment Market: United Kingdom Condiment market revenue in the United Kingdom experienced a 0.1% growth from 2014 to 2019.
The market revenue was valued at £2 billion in 2019.
The UK sauce and condiment market revenue is poised to grow at a CAGR of 1.5% from 2020 to 2023.
Throughout the forecast, the market will be worth;
2020: $6.438 billion.
2021: $6.563 billion.
2022: $6.648 billion.
2023: $6.741 billion.
According to a market report by IBISWorld, the market with about 240 businesses employs 8,252 individuals.
In terms of market share by country, the United Kingdom holds the fourth spot with a $6.438 billion share and a 1.1495 Gigagram in volume.
Market SegmentsThe UK condiment market is divided into six main categories, namely, "combination sauces, salt, tomato sauces, prepared mustard, vinegar, and spices."
Top PlayerThe most reputable player in the UK condiment market is McCormick UK Ltd.
Another top player is Eastern Country Foods.

Proposed next steps:

You need to be the project owner to select a next step.