Market Insights Consumer Food Sauces & Spices

Tomato Ketchup - Switzerland

Switzerland

Revenue in the Tomato Ketchup market amounts to €229.70m in 2024. The market is expected to grow annually by 3.96% (CAGR 2024-2029).
In global comparison, most revenue is generated in the United States (€5,572m in 2024).
In relation to total population figures, per person revenues of €25.74 are generated in 2024.
In the Tomato Ketchup market, volume is expected to amount to 65.55m kg by 2029. The Tomato Ketchup market is expected to show a volume growth of 3.2% in 2025.
The average volume per person in the Tomato Ketchup market is expected to amount to 6.4kg in 2024.

Key regions: United States, United Kingdom, Japan, South Korea, Canada

Marché

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Comparaison de régions

Monnaie

Analyst Opinion

The Tomato Ketchup market in the Switzerland Food Market is experiencing minimal growth, impacted by factors such as consumer preference for healthier options and the saturation of the market. However, the convenience of online shopping and increasing health consciousness may drive future growth.

Customer preferences: Consumers in Switzerland are gravitating towards healthier and more natural food options, leading to a growing demand for organic and all-natural tomato ketchup. This trend is driven by a strong cultural emphasis on clean and sustainable eating, as well as a rising awareness of the potential health risks associated with artificial ingredients. Additionally, with a growing number of health-conscious individuals in the country, there is a rising demand for low-sugar and low-sodium ketchup alternatives.

Trends in the market: In Switzerland, the Tomato Ketchup Market within the Sauces & Spices Market is experiencing a trend towards healthier, organic options. This is driven by consumer demand for natural and sustainable products, as well as increasing health consciousness. As a result, companies are introducing new, innovative products and expanding their organic offerings. This trend is expected to continue, with potential implications for industry stakeholders including increased competition and the need for sustainable sourcing and production methods. Additionally, there is a growing demand for plant-based ketchup alternatives, driven by the rise of vegan and flexitarian diets. This presents opportunities for companies to tap into this market and diversify their product offerings.

Local special circumstances: In Switzerland, the Tomato Ketchup Market of the Sauces & Spices Market within The Food market is heavily influenced by the country's strict regulations on food labeling and quality standards. This has led to a market dominated by premium and organic ketchup products, catering to the health-conscious Swiss consumers. Additionally, the cultural preference for home-cooked meals has resulted in a smaller market share for fast food chains, limiting the demand for ketchup in the foodservice sector. The country's high GDP per capita also allows for a higher purchasing power, leading to a preference for higher-priced, artisanal ketchup brands.

Underlying macroeconomic factors: The Tomato Ketchup Market of the Sauces & Spices Market within The Food market in Switzerland is largely influenced by macroeconomic factors such as consumer spending, inflation rates, and trade policies. With a stable economy and high consumer purchasing power, Switzerland has a strong demand for quality food products, including tomato ketchup. Additionally, the country's strict food safety regulations and strong emphasis on sustainable and organic food production have led to a growing preference for premium and natural ketchup products. Furthermore, Switzerland's strategic location and open trade policies make it a key player in the global food market, providing opportunities for export and import of ketchup products.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).

Modeling approach:

Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.