India Chinese & Hot Sauces Market Outlook, 2021

 Published On: Nov, 2015 |    No of Pages: 92 |  Published By: Bonafide Research | Format: PDF
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The chinese & hot sauces market is one of the rapidly growing dynamic markets in food services sector in India. Due to increase standard of living and changing lifestyle, the demand for sophisticated taste in meal is become an emerging trend of food industry that makes positive impact on chinese & hot sauces markets. The various chinese & hot sauces products like red chili sauce, green chili sauce, soya sauce, schezwan sauce, pepper sauce, chili garlic sauce, hot & sweet tomato chili sauce, salsa sauce are greater than ever, thereby providing high impetus to the Indian chinese & hot sauces market. The wealthy class requires the quality, tasty and ready to eat meal, for this the use of chinese & hot sauces in chinese and spicy food recipes that make dish attractive and tasty. Chinese sauces like red chili sauce, green chili sauce, soya sauce, etc have become an integral ingredient in all the chinese cuisines as well as Indian Chinese cuisines. For many urban households now, preparing Chinese food at home is nothing new in India that means stocking up on chinese sauces. According to most retailers Ching’s Secret leads the market in Chinese soy and chili sauce that results into Ching’s holds maximum market share in chinese sauce category. The Chinese & Hot sauces industry is a marketplace for new product developments and producers are trying to make innovation and introduce new variants. However, the penetration of chinese & hot sauces market is low, but the penetration of cooking sauces such as chinese & hot sauces is likely to grow in tandem.   

India Chinese & Hot sauces Market is growing with a CAGR of 21.2% from last five years and is projected to get more than five times by the year 2021 due to growing trend of international & convenience food, brand awareness, increasing disposable income, growing demand in middle class people,  and increasing international food chains. The unorganized market in this industry is behind from organized industry; as institutional food players focus on quality chinese and hot sauces rather than prices so that they only consume the branded chinese & hot sauces variants. However, the unorganized market for chinese sauces is likely to grow in upcoming year as the unorganized roadside restaurants, street food stalls, hotels are driving the unorganized chinese sauces market in India.    

According to “India Chinese & Hot Sauces Market Outlook 2021”, India’s chinese & hot sauces market is predictable to increase at a CAGR of 24.94% over six years. Ching’s, Fun Foods, Remia, Del Monte, Sil, Tops and Tabasco are operating the organized chinese & hot sauces market. Red chili sauce dominates the chinese sauce market, followed by soya sauce along with its various variants. Ching’s is leading in chinese sauces category from past years. Metro cities of India account for a considerable market share in the sales of chinese & hot sauces products, with various variants are growing rapidly among upper middle class consumers. “India Chinese & Hot Sauce Market Outlook 2021” discusses the following aspects of chinese & hot sauces market in India:
1. Executive Summary
2. India Chinese & Hot Sauces Market Outlook
2.1. Market Size
2.1.1. By Value
2.1.2. By Volume
2.2. Market Share
2.2.1. By Segment
2.2.2. By Organized & Unorganized Market
3.  Chinese Sauces market Outlook
3.1. Market Size
3.1.1. By Value
3.1.2. By Volume
3.2. Market Share
3.2.1. By Brand
3.2.2. By Types
3.2.3. By Organized & Unorganized
3.2.4. By End User
3.3. Pricing Analysis
3.4. Raw Materials
3.5. Unorganized market Outlook
4. Hot Sauces Market Outlook
4.1. Market Size
4.1.1. By Value
4.1.2. By Volume
4.2. Market Share
4.2.1. By Brand
4.2.2. By Types
4.2.3. By Organized & Unorganized
4.2.4. By End user
4.3. Pricing Analysis
4.4. Raw Material
4.5. Unorganized market Outlook
5. India Economic Snapshot
6. Policy & Regulatory Landscape
7. Chinese & Hot Sauce Market Trade Dynamics
7.1. Imports
7.2. Export
8. Channel Partner Analysis
9. Chinese & Hot Sauce Market Dynamics
9.1. Key Drivers
9.2. Key Challenges
10. Chinese & Hot Sauce Market Trends & Developments
10.1. Rising Specialized Restaurants
10.2. Increasing Trend of Chinese Dishes in Traditional Occasions
10.3. Growing Craze of Indian Chinese Cuisines
11. Competitive Landscape
11.1. Porters Five Forces
11.2. Company Profile
11.2.1. Ching’s Secrete
11.2.2. Fun Foods India Pvt Ltd.
11.2.3. Tops India
11.2.4. FieldFresh Foods Private Limited (The Del Monte)
11.2.5. United Distributor (Tabasco by Mcllhenny Company)
11.2.6. Remia International
11.2.7. Scandic India Food Pvt. Ltd (SIL)
12.  Strategic Recommendations
13. Disclaimer   

LIST OF FIGURES
Figure-1: India Chinese & Hot sauces Market Size – By Value 2009 – 2021F (INR Crore)
Figure-2: India Chinese & Hot sauces Market Size Forecast– By Volume (In ‘000 Units) 2009 – 2021F (INR Crore)
Figure-3: India Chinese & Hot sauces Market Share – By Segment 2014 & 2021F
Figure-4: India Chinese & Hot Sauces Market Size - By Organized & Unorganized 2015F – 2021F (INR Crore)
Figure-5: India Chinese Sauces Market Size – By Value 2009 – 2014 (INR Crore)
Figure-6: India Chinese Sauces Market Size Forecast– By Value 2015F – 2021F (INR Crore)
Figure-7: India Chinese Sauces Market Size – By Volume (In ‘000 Units) 2009 – 2014
Figure-8: India Chinese sauces Market Size Forecast– By Volume (In ‘000 Units) 2015F – 2021F
Figure-9: India Chinese Sauces Market Share – By Brand 2014 & 2021F
Figure-10: India Chinese Sauces Market Share – By Types 2014 & 2021F
Figure-11: India Chinese Sauces Market Share – By Organized & Unorganized 2014 & 2021F
Figure-13: India Unorganized Chinese Sauce Market Size – By Value 2009 – 2021F (INR Crore)
Figure-14: India Hot Sauces Market Size – By Value 2009 – 2014 (INR Crore)
Figure-15: India Hot sauces Market Size Forecast– By Value 2015F – 2021F (INR Crore)
Figure-16: India Hot Sauces Market Size – By Volume (In ‘000 Units) 2009 – 2014
Figure-17: India Hot Sauces Market Size Forecast – By Volume (In ‘000 Units) 2009 – 2014
Figure-18: India Hot Sauces Market Share – By Brand 2014 & 2021F
Figure-19: India Hot Sauces Market Share – By Types 2014 & 2021F
Figure-20: India Hot Sauces Market Share – By Organized & Unorganized 2014 & 2021F
Figure-21: India Hot Sauces Market Share – By End User 2014 & 2021F
Figure-22: India Unorganized Hot Sauces Market Size – By Value 2009 – 2021F (INR Crore)
Figure-23: Import of Soy Sauce & Chili Sauce Products in India – By Value 2009 – 2014 (INR Lakh)
Figure-24: Import of Soy Sauce & Chili Sauce Products in India – By Volume  2009 – 2014 (in Kg)
Figure-25: Export of Soy Sauce & Chili Sauce Products From India – By Value  2009 – 2014 (INR Lakh)
Figure-26: Export of Soy Sauce & Chili Sauce Products From India – By Volume  2009 – 2014 (in Kg)
Figure-27: General Distribution Channel followed by Chinese & Hot Sauces Manufacturers in India   

LIST OF TABLES
Table-1: Retail Price of Chinese Sauces Available in India
Table-2: Retail Price of Hot Sauces Available in India
Table-3: India Economic Profile – 2014
Table-4: Key Facts of Ching’s Secret
Table-5: Key Facts of Fun Foods India Pvt. Ltd.
Table-6: Key Facts of Tops Food
Table-7: Key Facts of FieldFresh Foods Pvt. Ltd.
Table-:8 Key Facts of United Distributor
Table-9: Key Facts of Suresh Kumar & Co. (Impex) Pvt. Ltd.
Table-10: Key Facts of Scandic India Food Pvt. Ltd.


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