Food Spreads Market, Size, Share, Outlook and Growth Opportunities 2019-2026

SKU: DFB38 | Last Updated On: Sep 30 2020 | No. of Pages: 216 | Available Formats

> Global Food Spreads Market Expected to reach a high CAGR of 4.0% By 2026: DataM Intelligence

Global Food Spreads Market is segmented by Product Type (Butter Based, Chocolate spreads, Fruit spreads, Others), by Sales Channel (Online Retail, Supermarkets & Hypermarkets, Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2019-2026

 

Food Spreads Market Overview

  • The Global Food Spreads Market is expected to grow at a CAGR of 4.0% during the forecasting period (2019-2026).
  • Common spreads include dairy spreads (such as cheeses, creams, and butter, although the term “butter” is broadly applied to many ranges), honey, and plant-derived spreads (such as jams, jellies, and hummus) are also used widely.
  • Food spreads have become part of the daily diet. Food spreads can be applied to almost all food products; they add taste and flavor to the food. As it is a crucial part of Food diet, thus food spread consumption has a negligible effect from the economic downturn.
  • The latest trend in Food spread market include low-sugar products. Vegan spreads are also becoming popular with increasing vegan trend among the population.

Food Spreads Market Dynamics

  • The rise in consumption of food spreads and low-sugar content food spreads are driving the growth of food spreads expenditure globally.
  • Regulations regarding labeling of nutritional content are expected to hamper high-calorie food spread products.
  • Increasing lifestyle-related diseases around the globe are further hampering the growth of food spreads market.
  • The fluctuating prices of raw materials such as nuts, seeds and sugar and instability of its supply will hamper the food spread market growth.
  • Increasing popularity of cereals as a breakfast dish will be a critical factor that affects the growth of the global food spread market.

Food Spreads Segmentation Analysis

  • Global food spreads market is segmented into Butter, Chocolate spreads, Fruit spreads, and others (margarine, marmite, honey, etc.).
  • For many years margarine enjoyed increased use over butter due to perceived health benefits. However, the latest concerns over trans-fat are affecting the margarine market badly.

  • Thus Butter spread sales are showing growth in recent years and expected to continue over the forecast period to 2025.
  • In butter-based food spreads, Peanut butter is the most popular with increased interest in nut-based butter spreads. Chocolate spread is expected to be the highest growing segment with an increasing desire for chocolate spreads among children globally.

Global Food Spreads Regional Share

  • By region, the market is segmented into North America, South America, Europe, Asia-pacific and rest of the world. North America and Europe dominate the food spread market due to their traditional breakfast cultures such as bread and butter or other food spreads.

  • In North America and Europe fruit spreads extracted from real fruits are going to show higher than artificial/ flavored fruit spreads. In western countries, food brands are boasting about their commitment to ecological issues to avoid any consumer backlash against their products.

Food Spreads Market Report Scope

By Type

• Butter

• Chocolate spreads

• Fruit spreads

• Others (marmite, honey)

By Region

• Asia Pacific

• Europe

• North America

• South America

• Rest of the World

Food Spreads Industry Competitive Trends

  • Food spread market is very competitive. Companies are always trying to gain customer loyalty in the food spread market.
  • Some of the key players in the Food spread market are JM Smucker Co., Hormel Foods Corp., Ferrero Group, ConAgra Foods Inc, Nestle, Hershey’s, B & G Foods Inc., Kraft Foods.
  • Companies are launching products with low-fat content to reach a wide range of consumer groups.
  • Major brands are offering vegan alternatives to all of their products to meet the rising demand for vegan culture. Nutella is the well-known brand in Chocolate spreads.

Food Spreads Market Report Scope

  • The report covers the key factors impacting the market, Porter 5 Forces, Product Benchmarking, and company profiles.
  • The food spread market is segmented by product type (Butter, Chocolate spreads, Fruit spreads, and others (Margarine, Nut butter, marmite, honey)) and by region, the market is segmented into Asia Pacific, Europe, North America, South America, and Rest of the World.

Reasons for purchasing this report?

• Visualize the composition of the Global Food Spread Market across each indication, concerning type highlighting the critical commercial assets and players.

• Identify business opportunities in Global Food Spread Market by analyzing trends and co-development deals.

• Excel data sheet with thousands of data points of Food Spread Market level 4/5 segmentation

• PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study

• Product mapping in excel for the critical Global Food Spread Market products of all major market players

Who can benefit from this report?

• Government Agencies

• Product Suppliers/ Buyers

• Industry Investors/Investment Bankers

Education & Research Institutes

• Research Professionals

• Emerging Companies

• Manufacturers

 

Table of Contents

Global Food Spreads Market

1. Methodology and Scope

1.1. Research Methodology

1.2. The scope of the Report

2. Industry Trends

2.1. Key Trends & Developments

3. Market Outlook

3.1. Industry Impact Factors (Drivers & Restraints)

3.2. Competitive Intensity- Porter 5 Forces

4. Market Segmentation

4.1. By Product Type

4.1.1. Butter Based (Plain Butter & Nut butter)

4.1.2. Chocolate spreads

4.1.3. Fruit spreads

4.1.4. Others (margarine, marmite, honey, etc)

4.2. By Sales Channel

4.2.1. Online Retail

4.2.2. Supermarkets & Hypermarkets

4.2.3. Others (General Retailers)

5. Regional, Country-level Analysis

5.1 North America

5.1.1 The United States

5.1.2 Canada

5.1.3 Mexico

5.2 South America

5.2.1 Brazil

5.2.2 Argentina

5.2.3 Rest of South America

5.3 Europe

5.3.1 Germany

5.3.2 France

5.3.3 United Kingdom

5.3.4 Rest of Europe

5.4 Asia-Pacific

5.4.1 China

5.4.2 Japan

5.4.3 India

5.4.4 Rest of Asia-Pacific

5.5 Rest of the world

6. Competitive Analysis

6.1 Market Share/ Rank Analysis

6.2 Key Strategies adopted by Manufacturers

7. Company Profiles

7.1 JM Smucker Co.

7.2 Hormel Foods Corp.

7.3 Ferrero Group

7.4 ConAgra Foods Inc

7.5 Nestle

7.6 Hershey’s

7.7 B & G Foods Inc.

7.8 Kraft Foods

7.9 Dennis Group

8. Appendix

Did not find what you were looking for?Every 7 out of 10 customers request tailored reports. Get yours today!
We collate your requirements.
Our global research team is put into action.
We deliver, and make sure your endeavour is a success!

Buy This Report



Get your FREE SAMPLE PROPOSAL with a single click!

linkedinpinterest