Over the five years to 2023, the Salad Dressing Production industry has experienced an increase in revenue while simultaneously witnessing a decline in the number of establishments and employment. This trend can be attributed to several factors. Firstly, advancements in technology and automation have led to increased production efficiency, allowing fewer establishments to meet the growing demand. As a consequence, some smaller dressing manufacturers may have been unable to compete and thus had to close their operations, leading to a decline in the number of establishments and subsequently, employment opportunities within the industry. Overall, industry revenue is expected to increase at an annualized rate of 3.3% to $4.2 billion over the five years to 2023, including a 1.2% increase in 2023 alone, when profit is expected to total 5.5%.
This industry includes companies that manufacture salad dressing. Most companies typically participate in a variety of sauce and condiment production activities. Industry manufacturers typically produce an array of different types of dressing, ranging from cream-based to oil-based dressings. The industry only includes liquid dressings.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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