CONDIMENTS & SPICES BUSINESS STRUCTURE

Around 100 small and medium-sized companies, although at its peak are important processes of concentration that make that, from year to year, a few large groups are scratching market shares and displacing other operators. The supply of large food distribution chains, the rise of white labels and internationalization movements are the factors that stimulate concentration. The business sector of vinegar in our country is atomized, with a base composed of about 40 industries, many of them small and medium in size and with very small production figures.

The sector leader has a market share of around 8% of all sales in volume and just over 5% in value, while the second operator barely reaches 2.5% in volume and 2.2% in value . In the case of DO Vinagre de Jerez there are 9 processing wineries and 36 dedicated to aging. Within the organized distribution, white brands account for 79.3% of all sales in volume and 50% in value. Even among balsamic vinegars, one of the most innovative and dynamic presentations, distribution brands already represent 42% of the total volume and 35% in value. This situation is very different from other countries in our environment, where An extreme concentration tends to be the most prominent feature. Thus, in France, with a production that doubles the Spanish, there are only 17 companies manufacturing vinegar, while in Holland or Denmark is operating a single operator.

About the author

Montse Gonzalez