India Chinese & Hot Sauces Market Outlook, 2021

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India Chinese & Hot Sauces Market Outlook, 2021

Description

The Chinese & hot sauces market is emerging as one of the rapidly growing dynamic category in the
food services industry of India. Due to increasing standard of living and changing lifestyle, the
demand for sophisticated taste in meal is becoming a growing trend in the food industry that is
making a positive impact on this market. Various chinese & hot sauces like red chili sauce, green
chili sauce, soya sauce, schezwan sauce, pepper sauce, chili garlic sauce, hot & sweet tomato chili
sauce and salsa sauce are providing high impetus to the Indian Chinese & hot sauce category. The
elite class demands quality, tasty and ready to eat meals which are turning out to be a greatest
driver for the usage of these sauces in chinese and spicy food recipes. The penetration of chinese &
hot sauce is still very low in India as compared to other nations.
According to “India Chinese & Hot Sauces Market Outlook, 2021”, chinese sauce market is
estimated to reach a market size of INR 100 crore in 2015. Ching’s, Fun Foods, Del Monte, Sil and
Tops are the major players operating in the chinese sauce market. The category is projected to grow
by 2021 due to growing trend of chinese food, different food awareness, increasing disposable
income, growing demand in middle class people and rising number of restaurants serving chinese
food in the country. Unorganized players in this industry are lagging behind as compared to
organized players as institutional food players and restaurants focus more on quality rather than
prices. Hence, they consume only branded sauces. However, the unorganized market for chinese
sauces is also likely to grow in coming years as there is a rise in number of roadside restaurants and
street food stalls in India.
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 Indian
households, preparing chinese food at home is nothing new now. Urban consumers have been
stocking up these sauces in their kitchens for preparing ready to eat meals and snacks. Thus, metro
cities account for a considerable share in the sales of chinese & hot sauces market. Red chili sauce
dominates the chinese sauce market, followed by soya sauce. According to most retailers, Ching’s
Secret leads the market in Chinese soy and chili sauce that results into Ching’s holding maximum
market share in chinese sauce category. Chinese & hot sauce category has become a marketplace
for new product developments and manufacturers are continuously trying to make innovations with
new variants.
“India Chinese & Hot Sauces Market Outlook, 2021” discusses the following aspects of Chinese &
hot sauces in India:
The report gives an in-depth understanding of Chinese & hot sauces market in India:
- India Chinese & Hot Sauces Market Outlook
- India Chinese & Hot Sauces Market Size By Value & Forecast
- India Chinese & Hot Sauces Market Size By Volume & Forecast
- India Chinese & Hot Sauces Market Segmental Analysis: By Segment, By Organized & unorganized
- India Chinese Sauces Market Size By Value & Forecast
- India Chinese Sauces Market Size By Volume & Forecast
- India Chinese Sauces Market Segmental Analysis: By Brand, By Types, By Organized &
unorganized, By End User
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 India Chinese & Hot Sauces Market Outlook, 2021

- India Hot Sauces Market Size By Value & Forecast

- India Hot Sauces Market Size By Volume & Forecast
- India Hot Sauces Market Segmental Analysis: By Brand, By Types, By Organized & unorganized, By
End User
- Pricing Analysis
- The key vendors in this market space
- Competitive Landscape & Strategic Recommendations
This report can be useful to Industry consultants, manufacturers and other stakeholders to align
their market-centric strategies. In addition to marketing & presentations, it will also increase
competitive knowledge about the industry.
Report Methodology
The information contained in this report is based upon both primary and secondary research.
Primary research included interviews with various channel partners of chinese & hot sauces in India.
Secondary research included an exhaustive search of relevant publications like company annual
reports, financial reports and proprietary databases.

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 India Chinese & Hot Sauces Market Outlook, 2021

Table of Contents

TABLE OF CONTENTS
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
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 India Chinese & Hot Sauces Market Outlook, 2021

11.2. Company Profile

11.2.1. Ching’s Secrete
11.2.2. Fun Foods India Pvt Ltd.
11.2.3. G. D. Foods MFG. india Private Limited
(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

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List of figures & tables

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

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Press Releases

The Chinese & Hot Sauces Market is anticipated to grow up at a CAGR of

24.8% over the forecast period: Bonafide Research

Rising urbanization, growing disposable income and increasing spending on restaurant food,
transforming towards ready to eat meal, branded and quality ingredients will indicate a higher
affinity to spend on "convenience food? products. Also institutional food chains, QSR chains, Cinema
chains and other street food chains are drive the various Chinese & hot sauces products in India.
The Chinese & Hot sauces industry contains various chinese sauces variants such as red chili sauce,
green chili sauce, soya sauce, schezwan sauce, etc and hot sauces products like pepper sauce, chili
garlic sauce, hot & sweet tomato chili sauce, salsa sauce, etc. Red chili sauce and soya sauce are the
mandatory cooking sauces to prepare Chinese cuisines so that these sauces are generating highest
revenue for Chinese sauces market. Whereas, green chili sauce, schezwan sauce, mushroom sauce,
Manchurian sauce are used in corresponding Chinese dishes. Pepper sauce is the king of the all hot
sauces; also refer to as synonym of hot sauce. The hot sauces market is gaining presence in the
Indian Chinese & Hot sauces industry as the consumption of hot sauces variants through retail
levels, supermarkets and hypermarkets is growing in India. Many types of spicy food, particularly
Southern dishes, such as grits, jambalaya, and barbecue are made of using hot sauces and these are
driving the growth of hot sauces. Various hot sauces does for foods like wings, dips, seafood,
casseroles, soups, stews, eggs and pizza. Youngsters are enhancing the demand for hot sauces as
they are more touch with international fast foods like burger, sandwich, franky, pizza, etc, where the
use of hot sauces make these item tasty and spicy. Companies are launching the various Chinese &
Hot sauces products made from quality, spicy, creamy ingredients through innovative brands.
According to recently published report of Bonafide Research "India Chinese & Hot Sauces Market
Outlook, 2021", the Chinese & Hot sauces market was growing at a CAGR of nearly 21% over five
years. The rising street food chains, growing Indian Chinese Cuisines in restaurants and growing
middle class group with disposable income provides many opportunities in the Chinese & hot sauces
market. The Chinese & hot sauces product have wide opportunities in Indian market and is fiercely
challenged along with major brands for various Chinese & hot sauces products. Chinese is an
important ingredient for Chinese cuisines as well as Indian Chinese cuisines. There are specific uses
of Chinese sauces in various recipes and for this purpose chefs and food scientists use different
variants of Chinese cooking sauces. New product developments and innovation are the most
important part of the existing as well as new competitor to make efficient presence in the market.
Furthermore, there is no campaign and promotion seen for such sauces through any brand. The
market can develop through various advertisements, social media pages, TV channels, Radio
channels, etc. The players are operating the Chinese & Hot sauces market includes Ching’s, Fun
Foods, Remia, Tops, Del Monte, Tabasco, Sil and Nestle’s Maggi, among them Remia, Del Monte,
and Tabasco are the imported brands that are sold by particular distributors in India.

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