Albany, NY -- (SBWIRE) -- 02/09/2015 -- Transparency Market Research has published a new market report titled Condiments Sauces Market Asia Pacific Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2014 - 2020. According to the report, the asia pacific condiments sauces market is valued at USD 6137.01 million in 2014 and is anticipated to reach USD 8629.7 million in 2020, expanding at a CAGR of 5.85% from 2014 to 2020. China is an attractive market for condiment sauce products in 2014 and is expected to become the most lucrative market for these products by 2020 due to high growth of the Chinese catering industry.

Browse full Condiments Asia Pacific Sauces Market
http://www.transparencymarketresearch.com/asia-pacific-condiments-sauces-market.html

Rapid changes in lifestyle of people in major markets such as China and Japan are projected to boost the condiments sauces market in Asia Pacific. Furthermore, growth in fast food restaurant chains and product innovation is expected to significantly influence consumption of condiments sauces in the region over the next six years.

Emerging countries such as India, Australia, South Korea, New Zealand, and Indonesia are among the fastest growing markets for condiment sauce products. The condiments sauces market in these countries is anticipated to experience moderate growth during the forecast period due to busy lifestyle of population and developing distribution channels.

Geographically (by country), China and Japan are likely to experience strong growth in the next six years, while Thailand and Singapore are expected to witness sluggish growth as compared to other countries in Asia Pacific in terms of consumption of condiment sauces. China accounted for the largest share of the condiments sauces market in Asia Pacific in 2014, followed by Japan; India is anticipated to continue its dominance in the Asia Pacific market till 2020.

asia-pacific-condiments-sauces-market

Haitian in China, Kikkoman in Japan, and Maggi in India is expected to capture the attention of consumers due to the products' strong presence and cost-effectiveness in the respective markets. Major distribution channels in Asia Pacific are cash and carries, warehouse clubs, dollar stores, variety stores, general merchandise and retailers.

Browse full Press Release:
http://www.transparencymarketresearch.com/pressrelease/asia-pacific-condiments-sauces-market.htm

The condiments sauces market has been segmented as follows:

Asia Pacific Condiments Sauces Market by Country

Countries covered under this research study include:
Australia
Condiment Market: by type
Brand Share, 2012 & 2014
Distribution Channel
China
Condiment Market: by type
Brand Share, 2012 & 2014
Distribution Channel
Hong Kong
Condiment Market: by type
Brand Share, 2012 & 2014
Distribution Channel
India
Condiment Market: by type
Brand Share, 2012 & 2014
Distribution Channel
Indonesia
Condiment Market: by type
Brand Share, 2012 & 2014
Distribution Channel
Japan
Condiment Market: by type
Brand Share, 2012 & 2014
Distribution Channel
Malaysia
Condiment Market: by type
Brand Share, 2012 & 2014
Distribution Channel
New Zealand
Condiment Market: by type
Brand Share, 2012 & 2014
Distribution Channel
Philippines
Condiment Market: by type
Brand Share, 2012 & 2014
Distribution Channel
Singapore
Condiment Market: by type
Brand Share, 2012 & 2014
Distribution Channel
South Korea
Condiment Market: by type
Brand Share, 2012 & 2014
Distribution Channel
Thailand
Condiment Market: by type
Brand Share, 2012 & 2014
Distribution Channel

Request a Sample of this Report :
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1548

About Transparency Market Research
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company's exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR's data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.