Seasonings, Herbs and Spices Sample

Seasonings, SE A SONINGS Herbs & Spices H ERBS & SP I C ES ASIA PACIFIC 2014

WESTERN EUROPE

EASTERN EUROPE

515,565 tonnes

313,860 tonnes

124,063 tonnes M A R K E T A N A LYS I S

NAFTA

38% 23%

DASHBOARD

Global Overview

9%

22% CENTRAL & SOUTH AMERICA

WESTERN EUROPE

EASTERN EUROPE

NAFTA

CENTRAL&SOUTHAMERICA

309,391 tonnes

ASIA PACIFIC

MIDDLE EAST & AFRICA

Volume usage

313,860 tonnes 124,063 tonnes 515,565 tonnes 68,884 tonnes 309,391 tonnes 38,742 tonnes

Volume growth rate 2004 to 2009

1.5%

4.0%

1.8%

4.3%

3.2%

2.5%

Market value

$1.3 billion

$0.5 billion

$2.0 billion

$0.4 billion

$1.4 billion

$0.2 billion

Forecast value growth rate 2009 to 2014

1.7%

2.9%

1.6%

3.4%

2.9%

2.1%

Russia Ukraine Poland

USA

Brazil

China Japan India

Turkey

Key Markets

UK Germany France Spain Italy > UK is the largest market by volume > Usage in Spain is forecast to grow by 4.9% > Meat & savoury products is the largest sector

> Russia is the largest market > Snacks is one of the fastest growing sectors for seasonings > The market in Ukraine is forecast to be worth $115m by 2014

> USA accounts for 87% share of the market by volume > Snacks is the largest sector > Usage in Mexico is forecast to grow by 4.9%

> Meat & savoury products is the largest sector > Brazil is the fastest growing market

> China is the largest market > Usage in India is forecast to grow at a rate of 5.2% > Sauces & dressings accounts for 25% of seasonings usage

> Meat & savoury products accounts for almost half total usage of seasonings > Turkey is the largest market

Highlights

All data for 2009. Source: RTS Resource. See report for full list of definitions

DEFINITIONS

38,742 tonnes

ASIA PACIFIC

C O N T E N TS

MIDDLE EAST & AFRICA

APPENDICES

68,884 tonnes

Market Analysis

DASHBOARD

Seasonings, Herbs & Spices

The effects of recession Despite the current global recession, the focus does not have to be on cheapness and ‘value’. This is (and always has been) a question of perspective. Declines in

Consumers will still want to indulge, treat themselves and try new tastes. They will also continue to be interested in healthier eating and in overall well-being. Perhaps towards the end of the forecast period, as the economic situation

effective planning for the future requires a total view of the market and its many developments

improves, ready meals, added value meal centres and snacks may provide a stronger path to even further growth and development of foods, providing that consumers can be convinced of their suitability.

APPENDICES

The food market and ingredients The task of the food ingredient supplier is, arguably, one of the most demanding. To be successful, the supplier not only needs to assess and respond to latest consumer trends and demands but must also understand the complexities of the market and the supply chain - as well as its own relationships with food manufacturers and retailers. All of these are necessary in order to understand the demands of the market as a whole and thereby effectively identify new opportunities and satisfy customer requirements.

DEFINITIONS

These complexities and demands of the market increase the need for information. To plan for the future effectively requires a total view of the market and its many developments. In addition, many of the market pressures being experienced by manufacturers and retailers are being downloaded to suppliers who, in turn, are expected to become more professional, market-aware and pro-active. Encouraging signs Whilst severe market pressures will prevail there are more encouraging signs that, over the longer-term, disposable incomes will rise. This, in turn, will boost a parallel demand for eating out, added value and convenience, and healthy food and drink

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C O N T E N TS

food purchases today take up a much smaller proportion of overall expenditure than they did in the past. So, despite the undoubted pressures, opportunities will remain.

M A R K E T A N A LYS I S

dining out or consumption of ready meals open up other opportunities which may comprise added value meals or components. Even in a recession, many consumers will still have considerable disposable incomes and average

Market Analysis

DASHBOARD

Seasonings, Herbs & Spices

INDONESIA In Indonesia, 10,379 tonnes of industrial seasonings, herbs and spices were used in 2009 in market worth $32m. The largest segments are snacks and juices, soft drinks

Use of seasonings, herbs and spices in snacks is expected to grow to 2,957 tonnes by 2014, growing at a rate of 1.9% per year compared to juices, soft drinks and carbonated at which is forecast to grow at a rate of 1.8% per to reach 2,946 tonnes.

seasonings, herbs and spices in Indonesia

is forecast to grow by 2.2% a year in volume terms to reach 11,600 tonnes by 2014. Value growth is anticipated to be slightly higher at 2.7% per year, with the market forecast to be worth $37m by 2014. For more detailed analysis please refer to the datapack.

10,379 tonnes 2.8% growth rate

Manufacturer Indofood Pop Mie has introduced two new flavours: Fried Special and Spicy Fried

USAGE BY SECTOR

OPPORTUNITIES BY SECTOR

Indonesia : Usage of seasonings, herbs & spices by key sector, 2009 tonnes

Indonesia : Forecast growth in usage of seasonings, herbs & spices by growth sector, 2009 - 2014 tonnes

Other 1,373 Pasta, rice, noodles

Meat & savoury 836 Sauces & dressings 1,119

Snacks 2,694

+288 tonnes

Snacks

+263 tonnes

Soft drinks Cakes & pastries 1,663

Cakes & pastries

Soft drinks 2,694

+253 tonnes +149 tonnes

Sauces & dressings

+113 tonnes

Source: RTS Resource Note: See Sources and Definitions for more information

Source: RTS Resource Note: See Sources and Definitions for more information

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DEFINITIONS

Brand Pop Mie

APPENDICES

Spicy Fried Cup Noodles

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C O N T E N TS

Total usage of

datapack see the datapack for more data and analysis...

M A R K E T A N A LYS I S

and carbonated (both at 2,694 tonnes).

Country Profiles

DASHBOARD

Seasonings, Herbs & Spices

EAS TERN

Population

Currency

GDP

Inflation

km²

thousand people

symbol

$bn

%

Bulgaria

Sofia

108,489

7,497

Bulgarian Lev (BGL)

$94

12.3%

Czech

Prague

77,247

10,411

Czech Koruna (CZK)

$263

6.3%

Hungary

Budapest

89,608

9,973

Hungarian Forint (HUF)

$197

6.1%

Poland

Warsaw

304,255

38,038

Polish Zloty (PLN)

$668

4.2%

Romania

Bucharest

229,891

21,190

Romanian Lei (ROL)

$271

7.8%

Russia

Moscow

16,377,742

140,367

Russian Rouble (RUB)

$2,266

14.1%

Slovakia

Bratislava

48,105

5,412

Euro (EUR)

$200

4.6%

Ukraine

Kiev

579,330

45,433

Ukraine Hryvnia (UAH)

$340

25.2%

Notes: Forecast population, 2010. Inflation rate at consumer prices. Source: RTS Resource from CIA World Factbook. Population from Population Division of the Department of Economic and Social Affairs of the United Nations Secretariat, World Population Prospects: The 2008 Revision, http://esa.un.org/unpp, Monday, September 07, 2009

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DEFINITIONS

Land Mass

C O N T E N TS

Capital

COUNTRY PROFILES

M A R K E T A N A LYS I S

EUROPE

FRANCE

ICAT Food

Avon & Ragobert (Sovi) Campofrio Food Group Charal Cuisine Solutions Fleury Michon Group Aoste Hereford Meat (Sovi) Marie Monique Ranou Moy Park Pierre Schmidt Spangherro The LDC Group

! www.avonetragobert.com ! www.campofriofoodgroup.com ! www.charal.fr ! www.cuisinesolutions.com ! www.fleurymichon.fr ! www.groupeaoste.com ! www.hereford-meat.com ! www.marie.fr ! www.ranou.fr ! www.moypark.com ! www.pierre-schmidt.fr ! www.spanghero.fr ! www.LDC.fr

Inalca SpA Levoni Negroni Raspini

! www.negrinisalumi.com ! www.icatfood.it ! www.inalca.it ! www.levoni.it ! www.negroni.com ! www.raspinisalumi.it

NETHERLANDS Advang Holding (Ad van Geloven) Encko Unilever Vion (Incl. Hendrix meat) Vleems Food Products Zwanenberg Food Group

! www.advangeloven.com ! www.encko.com ! www.unilever.nl ! www.vionfreshmeatnl.com ! www.vleemsfood.nl ! www.zwanenberg.nl

SPAIN GERMANY Bauerngut Fleisch und Wurstwaren GmbH Bernhard Barfuss GmbH & Co. KG Fleischwarenfabrik Emil Roloff KG Franz Wiltmann GmbH Herta GmbH Karl Konecke Fleischwarenfabrik GmbH Lutz Fleischwaren AG Müller Fleisch GmbH Fleischgroßhandel Sauels Schne Frost Spille Stockmeyer Group (Heristo) Vion Vossko West Fleisch Wiesenhof (PHW Group) Zimmermann Zur Muhlen Gruppe

Aragonesa de Piensos

! www-bauerngut.fischer-cgd.com

Argal Carnes Estelles

! www.barfuss.de ! www.roloff-kg.de ! www.wiltmann.de ! www.herta.de ! www.koenecke.de ! www.lutz-fleischwaren.de ! www.mueller-fleisch.de ! www.sauels.de ! www.schne-frost.com ! www.spile.de ! www.heristo.de ! www.vion-Frankfurt.de ! www.vossko.de ! www.westfleisch.de ! www.wiesenhof-online.de ! www.fleischwerke-zimmermann.de ! www.zurmuehlengruppe.de

Casa Tarradellas Come a casa (ter beke) Elpozo Esouna Eurofrits Frimesa Incarlopsa Industrias Frigorificas del Louro Noel

UK 2 Sisters Food Group Anglo Beef processors Bernard Matthews Foods Calder Foods Grampian Country Foods Kerry Group Moy Park Vion UK

ITALY AIA Group (Veronesi) Beretta Campagnolo Citterio Fileni Fileni Fiorucci

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! www.arpisa.com ! www.argal.com ! www.carnes-estelles.com ! www.casatarradellas.es ! www.come-a-casa.com ! www.elpozo.es ! www.espuna.es ! www.eurofrits.es ! www.frimesa.net ! www.incarlopsa.es ! www.coren.es ! www.noel.es

! www.aia-spa.it ! www.berettafood.com ! www.campagnolo.it ! www.citterio.com ! www.fileni.it ! www.fileni.it ! www.fiorucci.com

! www.2sfg.com ! www.anglobeef.com ! www.Bernardmatthewsfarms.com ! www.calderfoods.co.uk ! www.vionuk.com ! www.kerrygroup.com ! www.moypark.com ! www.vionuk.com

EASTERN EUROPE POLAND Drobimex Felix Kieldrob Mazury

F-2

! www.drobimex.com.pl ! www.felix.ipd.pl ! www.kieldrob.eu ! www.zm-mazury.pl

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M A R K E T A N A LYS I S

Gianni Negrini Salumi

MANUFACTURERS

WESTERN EUROPE

DEFINITIONS

Meat & Savoury Products

DASHBOARD

Manufacturers

C O N T E N TS

Seasonings, Herbs & Spices

Central & South America - Seasonings, Herbs & Spices Volume usage by country

Market value by country

Central & South America : Volume usage of seasonings, herbs and spices by country, 2004 to 2014

C & S America : Forecast market value of seasonings, herbs and spices by country, 2009 to 2014

tonnes

2004

2009p

Growth 2004-2009

2014f

Growth 2009-2014

2009p

$m

2014f

Growth 2009-2014

Argentina

4,790

5,831

4.0%

6,788

3.1%

Argentina

$45.7

$53.0

3.0%

Brazil

36,013

44,765

4.4%

53,216

3.5%

Brazil

$268.2

$318.7

3.5%

Other CSA

14,898

18,288

4.2%

21,081

2.9%

Other CSA

$107.1

$125.1

3.2%

TOTAL

55,701

68,884

4.3%

81,085

3.3%

TOTAL

$421.0

$496.8

3.4%

Source: RTS Resource. See report for full list of definitions and sources. Note: All numbers rounded. Growth = CAGR. ns = not significant.

Volume usage by sector

Market value by sector

Central & South America : Volume usage of seasonings, herbs and spices by sector, 2004 to 2014

C & S America : Forecast market value of seasonings, herbs and spices by sector, 2009 to 2014

Growth 2004-2009

2014f

Growth 2009-2014

2009p

2014f

CAGR 2009–2014

343

3.7%

407

3.5%

422

10.0%

631

8.4%

Fruit & vegetables

$2.3

$2.7

3.4%

Carcase meats

$2.8

$4.2

26,931

33,004

4.2%

38,528

8.2%

3.1%

Meat & savoury products

$225.9

$262.1

Ready meals

11,231

15,012

6.0%

3.0%

18,706

4.5%

Ready meals

$98.6

$122.1

Fish & seafood

7

9

4.4%

4.7%

10

3.5%

Fish & seafood

$0.1

$0.1

Flour, pasta, rice

332

3.4%

420

4.8%

516

4.2%

Flour, pasta, rice

$2.9

$3.5

Bread & morning goods

4.0%

174

202

3.0%

231

2.7%

Bread & morning goods

$1.4

$1.6

2.6%

Biscuits & cookies

66

77

3.1%

88

2.7%

Biscuits & cookies

$0.5

$0.6

2.5%

Cakes & pastries

ns

ns

**

ns

**

Cakes & pastries

ns

ns

**

Breakfast cereals & bars

ns

ns

**

ns

**

Breakfast cereals & bars

ns

ns

**

Milk & milk drinks

ns

ns

**

ns

**

Milk & milk drinks

ns

ns

**

Milk powders

ns

ns

**

ns

**

Milk powders

ns

ns

**

Butter & yellow fats

ns

ns

**

ns

**

Butter & yellow fats

ns

ns

**

Cheese

ns

ns

**

ns

**

Cheese

ns

ns

**

Cream & condensed milk

ns

ns

**

ns

**

Cream & condensed milk

ns

ns

**

Yogurt & desserts

ns

ns

**

ns

**

Yogurt & desserts

ns

ns

**

Ice cream & frozen desserts

ns

ns

**

ns

**

Ice cream & frozen desserts

ns

ns

**

Confectionery

5

5

1.9%

6

1.3%

Confectionery

$0.0

$0.0

1.2%

2004

2009p

Fruit & vegetables

286

Carcase meats

263

Meat & savoury products

tonnes

$m

Snacks

11,753

13,585

2.9%

14,843

1.8%

Snacks

$48.3

$53.3

2.0%

Soups & bouillon

675

705

0.9%

737

0.9%

Soups & bouillon

$4.8

$5.0

0.9%

Sauces & dressings

3,601

4,621

5.1%

5,808

4.7%

Sauces & dressings

$30.2

$37.8

4.6%

Baby foods

71

75

1.2%

79

1.0%

Baby foods

$0.5

$0.5

1.0%

Pet foods

ns

ns

**

ns

**

Pet foods

ns

ns

**

Hot beverages

2

2

2.2%

2

0.4%

Hot beverages

$0.0

$0.0

0.5% 3.7%

Soft drinks

305

403

5.8%

493

4.1%

Soft drinks

$2.7

$3.2

Alcoholic drinks

ns

ns

**

ns

**

Alcoholic drinks

ns

ns

**

TOTAL

55,701

68,884

4.3%

81,085

3.3%

TOTAL

$421.0

$496.8

3.4%

Source: RTS Resource. See report for full list of definitions and sources. Note: All numbers rounded. Growth = CAGR. ns = not significant.