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Condiments & Seasoning Manufacturing in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Condiments & Seasoning Manufacturing Market Research Report | SIC C10.840 | Jun 2014

Spiced up: Operators relish as product innovation drives revenue growth

IBISWorld’s Condiments & Seasoning Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
English Provender Company Ltd English Provender Company Ltd market share
H J Heinz Manufacturing UK Ltd H J Heinz Manufacturing UK Ltd market share
McCormick (UK) Ltd McCormick (UK) Ltd market share
Industry Statistics & Market Size
Revenue
£2bn
Annual Growth 10-15
4.0%
Annual Growth 15-20
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Profit
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Employment
6,130
Businesses
112
Industry Analysis & Industry Trends

The Condiments and Seasoning Manufacturing industry has emerged strongly from the economic downturn suffered during the past five years. The global economic collapse took its toll on the industry early in the period, although this was mitigated by a boost in the number of meals prepared and eaten at home. Many industry products are perceived as essential, meaning that profit margins never fell far. Revenue growth has been supported by product alterations and intense competition. Some brands operating in the industry have been in production since the 19th century, accruing enormous brand power through traditional consumption.

Recently, the threat from supermarket retailers has increased, bringing cheaper own-label condiments and seasoning... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

IBISWorld classifies the Condiments and Seasoning Manufacturing industry into the mature stage of its life cycle. The majority of products are fixed in demand and consolidation activity is taking place. The value that the industry adds to the overall economy is expected to grow at a compound annual rate of 2.7% over the 10 years through 2019-20, higher than the compound annual growth rate of 2.1% that IBISWorld forecasts for GDP. The industry's share of GDP is growing a small amount because of a switch in demand back to more expensive branded products, but this is only a temporary effect. It is expected to cool off over the next five years, when industry operators are likely to struggle against an overcrowded market and ever cheaper supermarket goods... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Condiments & Seasoning Manufacturing Industry?

Enterprises in this industry convert a variety of raw ingredients into packaged, ready-to-use condiments and seasonings. This includes spices, sauces and garnishes such as mayonnaise, mustard powder, prepared mustard and vinegar. The processing of salt into table salt is also included in the industry.

Industry Products
Combination saucesSaltTomato saucesPrepared mustardVinegarSpices
 
Industry Activities
Processing of herbs and spicesdressings and saucesProcessing of cooking and table salt


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