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Sweet Spreads Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global sweet spreads market size reached US$ 1.19 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 1.47 Billion by 2027, exhibiting a growth rate (CAGR) of 3.54% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Sweet spreads, such as jams, jellies and nut butter, play an integral role in the everyday diet of individuals. Although sweet spreads traditionally formed a part of western cuisines, they have rapidly gained traction in the untapped markets. They are generally consumed with baked wheat products, including bread, bagels, toasts and doughnuts, as a part of breakfast or snack items. Moderate consumption of sweet spreads assists in managing stress, maintaining weight, reducing the risk of cardiovascular diseases, and providing vitamins, minerals, amino acids and other nutrients. As a result, these spreads find applications in the preparation of dips, cakes, pudding, pancakes, smoothies, ice creams and salad dressings.

Owing to rapid urbanization, sedentary lifestyles and hectic schedules, consumers have shifted toward quick, healthy, convenient and on-the-go meal options. This, in turn, is boosting the overall sales of sweet spreads around the world. In addition to this, the growing prevalence of lifestyle diseases in confluence with the increasing health consciousness among consumers has resulted in the rising demand for low-fat and low-sugar sweet spread variants across the globe. Moreover, a significant part of the consumers seek natural and organic products without any artificial additives or preservatives. Further, as consumers are intrigued by different flavors, manufacturers are financing research and development (R&D) activities to introduce new products. Apart from this, several international brands are customizing their products based on the local tastes, preferences and cultural influences to expand their consumer base.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global sweet spreads market report, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on product type, packaging type and distribution channel.

Breakup by Product Type:

  • Jams and Preserves 
  • Honey
  • Chocolate Spreads
  • Nuts and Seed-Based Spreads
  • Others
     

Breakup by Packaging Type:

  • Glass Packaging
  • Plastic Packaging
  • Others
     

Breakup by Distribution Channel:

  • Hypermarkets and Supermarkets
  • Specialist Retail Stores
  • Convenience Stores
  • Online Stores
  • Others
     

Breakup by Region:

  • Europe
  • North America
  • Asia Pacific
  • Middle East and Africa
  • Latin America
     

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being J.M. Smucker Company, Kraft Heinz Company, Unilever PLC/NV, Conagra Brands, Inc., Ferrero International S.A., Mondelez International, Inc., Dabur India Limited, Hershey Company, Hormel Foods Corporation, Andros, SNC, etc.

IMARC Group’s latest report provides a deep insight into the global sweet spreads market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the sweet spreads market in any manner.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Product Type, Packaging Type, Distribution Channel, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Companies Covered J.M. Smucker Company, Kraft Heinz Company, Unilever PLC/NV, Conagra Brands, Inc., Ferrero International S.A., Mondelez International, Inc., Dabur India Limited, Hershey Company, Hormel Foods Corporation and Andros, SNC
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Key Questions Answered in This Report:

  • How has the global sweet spreads market performed so far and how will it perform in the coming years?
  • What are the key regional markets in the global sweet spreads industry?
  • What has been the impact of COVID-19 on the global sweet spreads industry?
  • What is the breakup of the market based on the product type?
  • What is the breakup of the market based on the packaging type?
  • What is the breakup of the market based on the distribution channel?
  • What are the various stages in the value chain of the global sweet spreads industry?
  • What are the key driving factors and challenges in the global sweet spreads industry?
  • What is the structure of the global sweet spreads industry and who are the key players?
  • What is the degree of competition in the global sweet spreads industry?
  • What are the profit margins in the global sweet spreads industry?

1   Preface
2   Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction

    4.1    Overview
    4.2    Key Industry Trends
5   Global Sweet Spreads Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Breakup by Product Type
    5.5    Market Breakup by Packaging Type
    5.6    Market Breakup by Distribution Channel
    5.7    Market Breakup by Region
    5.8    Market Forecast
6   Market Breakup by Product Type
    6.1    Jams and Preserves
        6.1.1    Market Trends
        6.1.2    Market Forecast
    6.2    Honey
        6.2.1    Market Trends
        6.2.2    Market Forecast
    6.3    Chocolate Spreads
        6.3.1    Market Trends
        6.3.2    Market Forecast
    6.4    Nuts and Seed-Based Spreads
        6.4.1    Market Trends
        6.4.2    Market Forecast
    6.5    Others
        6.5.1    Market Trends
        6.5.2    Market Forecast
7   Market Breakup by Packaging Type
    7.1    Glass Packaging
        7.1.1    Market Trends
        7.1.2    Market Forecast
    7.2    Plastic Packaging
        7.2.1    Market Trends
        7.2.2    Market Forecast
    7.3    Others
        7.3.1    Market Trends
        7.3.2    Market Forecast
8   Market Breakup by Distribution Channel
    8.1    Hypermarkets and Supermarkets
        8.1.1    Market Trends
        8.1.2    Market Forecast
    8.2    Specialist Retail Stores 
        8.2.1    Market Trends
        8.2.2    Market Forecast
    8.3    Convenience Stores
        8.3.1    Market Trends
        8.3.2    Market Forecast
    8.4    Online Stores
        8.4.1    Market Trends
        8.4.2    Market Forecast
    8.5    Others 
        8.5.1    Market Trends
        8.5.2    Market Forecast
9   Market Breakup by Region
    9.1    Europe
        9.1.1    Market Trends
        9.1.2    Market Forecast
    9.2    North America
        9.2.1    Market Trends
        9.2.2    Market Forecast
    9.3    Asia Pacific
        9.3.1    Market Trends
        9.3.2    Market Forecast
    9.4    Middle East and Africa
        9.4.1    Market Trends
        9.4.2    Market Forecast
    9.5    Latin America
        9.5.1    Market Trends
        9.5.2    Market Forecast
10  SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11  Value Chain Analysis
12  Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13  Price Analysis
    13.1    Key Price Indicators
    13.2    Price Structure
    13.3    Margin Analysis
14  Competitive Landscape
    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
       14.3.1    J.M. Smucker Company
       14.3.2    Kraft Heinz Company
       14.3.3    Unilever PLC/NV
       14.3.4    Conagra Brands, Inc.
       14.3.5    Ferrero International S.A.
       14.3.6    Mondelez International, Inc.
       14.3.7    Dabur India Limited
       14.3.8    Hershey Company
       14.3.9    Hormel Foods Corporation
       14.3.10      Andros, SNC

List of Figures

Figure 1: Global: Sweet Spreads Market: Major Drivers and Challenges
Figure 2: Global: Sweet Spreads Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Sweet Spreads Market: Breakup by Product Type (in %), 2021
Figure 4: Global: Sweet Spreads Market: Breakup by Packaging Type (in %), 2021
Figure 5: Global: Sweet Spreads Market: Breakup by Distribution Channel (in %), 2021
Figure 6: Global: Sweet Spreads Market: Breakup by Region (in %), 2021
Figure 7: Global: Sweet Spreads Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 8: Global: Sweet Spreads Industry: SWOT Analysis
Figure 9: Global: Sweet Spreads Industry: Value Chain Analysis
Figure 10: Global: Sweet Spreads Industry: Porter’s Five Forces Analysis
Figure 11: Global: Sweet Spreads (Jams and Preserves) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Sweet Spreads (Jams and Preserves) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Sweet Spreads (Honey) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Sweet Spreads (Honey) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Sweet Spreads (Chocolate Spreads) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Sweet Spreads (Chocolate Spreads) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Sweet Spreads (Nuts and Seed-Based Spreads) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Sweet Spreads (Nuts and Seed-Based Spreads) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Sweet Spreads (Other Product Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Sweet Spreads (Other Product Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Sweet Spreads (Glass Packaging) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Sweet Spreads (Glass Packaging) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Sweet Spreads (Plastic Packaging) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Sweet Spreads (Plastic Packaging) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Sweet Spreads (Other Packaging Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Sweet Spreads (Other Packaging Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Sweet Spreads Market: Sales through Hypermarkets and Supermarkets (in Million US$), 2016 & 2021
Figure 28: Global: Sweet Spreads Market Forecast: Sales through Hypermarkets and Supermarkets (in Million US$), 2022-2027
Figure 29: Global: Sweet Spreads Market: Sales through Specialist Retail Stores (in Million US$), 2016 & 2021
Figure 30: Global: Sweet Spreads Market Forecast: Sales through Specialist Retail Stores (in Million US$), 2022-2027
Figure 31: Global: Sweet Spreads Market: Sales through Convenience Stores (in Million US$), 2016 & 2021
Figure 32: Global: Sweet Spreads Market Forecast: Sales through Convenience Stores (in Million US$), 2022-2027
Figure 33: Global: Sweet Spreads Market: Sales through Online Stores (in Million US$), 2016 & 2021
Figure 34: Global: Sweet Spreads Market Forecast: Sales through Online Stores (in Million US$), 2022-2027
Figure 35: Global: Sweet Spreads Market: Sales through Other Distribution Channels (in Million US$), 2016 & 2021
Figure 36: Global: Sweet Spreads Market Forecast: Sales through Other Distribution Channels (in Million US$), 2022-2027
Figure 37: Europe: Sweet Spreads Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Europe: Sweet Spreads Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: North America: Sweet Spreads Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: North America: Sweet Spreads Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Asia Pacific: Sweet Spreads Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Asia Pacific: Sweet Spreads Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Middle East and Africa: Sweet Spreads Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Middle East and Africa: Sweet Spreads Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Latin America: Sweet Spreads Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Latin America: Sweet Spreads Market Forecast: Sales Value (in Million US$), 2022-2027

List of Tables

Table 1: Global: Sweet Spreads Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Sweet Spreads Market Forecast: Breakup by Product Type (in Million US$), 2022-2027
Table 3: Global: Sweet Spreads Market Forecast: Breakup by Packaging Type (in Million US$), 2022-2027
Table 4: Global: Sweet Spreads Market Forecast: Breakup by Distribution Channel (in Million US$), 2022-2027
Table 5: Global: Sweet Spreads Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Sweet Spreads Market: Competitive Structure
Table 7: Global: Sweet Spreads Market: Key Players


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