Inside the report, BGL examines trends shaping sauces and condiments and the increasing interest from investors and strategic acquirors.
Key takeaways include:
- Young consumers are seen as an influential force in fueling innovation
- The demand drivers behind growing consumer participation in flavor exploration
- How better-for-you offerings and functional ingredient additions continue to attract health-conscious consumers
- The opportunities for sauces and condiments to appeal to value-oriented shoppers
With growing interest in global cuisine, desire for intense flavors, and ability to cost-effectively elevate meals, the sauces and condiments market is also attracting strong interest from investors. The M&A market is heating up with growing participation from strategic and financial buyers that span such large consumer packaged goods (CPG) companies as PepsiCo (Siete Foods), Lassonde (The Zidian Group), The Campbell’s Company (Sovos Brands), and McCormick & Company (Cholula), to private equity, demonstrated by numerous recent examples, among them Advent International (Sauer Brands), Shore Capital Partners (Lillie’s Q), and EagleTree Capital (Louisiana Hot Sauce).
BGL’s Food and Beverage investment banking team, led by BGL Managing Director Daniel Gomez, has deep sector knowledge and extensive transaction experience, representing companies across the entire food and beverage landscape. Coverage includes branded and private label products, global supply chain, contract manufacturing, processing, and distribution.