Triangulation of trade data, production volume analysis, and revenue mapping were used to determine the global market valuation. The following were part of the methodology:
Identification of more than 60 major producers with an emphasis on sauces, ketchup, spices, and dressings in North America, Europe, Asia-Pacific, Latin America, and the Middle East
Product mapping between the categories of dressings (vinaigrettes, creamy dressings), spices (whole, powdered, blends), and sauces & ketchup (tomato-based, mustard, mayonnaise).
Analysis of annual revenues for condiment product lines, both reported and projected, with non-core segments excluded where appropriate
coverage of producers who will account for 75–80% of the world market in 2024, including both local spice experts and multinational corporations
Segment-specific valuations are obtained through extrapolation utilizing top-down (manufacturer revenue validation, corrected for trade margins) and bottom-up (retail scan data × ASP by country, supplemented by food service volume estimations) methodologies.
To guarantee volume-revenue consistency, cross-validation is done using data on the manufacturing of raw materials (tomato paste, chili peppers, peppercorns, mustard seeds) and packaging consumption metrics (glass bottles, PET, flexible pouches).