The sauces and condiments market in the Czech Republic was valued at 204 million USD in 2016 (calculated in retail selling prices). From 2016 to 2020, it grew at a compound annual growth rate (CAGR) of 6.52% to reach 262 million USD. The market is segmented into ketchup and tomato sauces and other sauces . In 2020, the segments recorded shares of 25% and 75%, respectively.
In 2016, the per capita consumption value of sauces and condiments in the Czech Republic was 19.27 USD (in retail prices). Until 2020, the consumption increased at a CAGR of 6.20% to reach 24.51 USD. That was lower than the average value for Europe, whose per capita consumption of sauces and condiments was equal to 33.38 USD in 2020.
The market research report presents a strategic analysis of the market and a forecast for its development in the medium term. The research study provides a comprehensive overview of the market:
- Volume and value size and dynamics,
- Structure and characteristics;
- Competitive landscape and major companies;
- Trends and challenges;
- Growth and demand drivers;
- Consumption and prices;
- Imports and exports;
- Forecast for development.
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The market research report was prepared with Williams & Marshall Strategy’s methodology. It includes a blend of qualitative and quantitative data that comes from official sources. All research is then validated by insights gathered from semi-structured interviews with market experts. They are representatives of the main market participants – producers, distributors, wholesalers, and retailers.
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