Category: Spreads
Spreads market research reports by Euromonitor International
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Butter and Spreads in Switzerland
Butter and Spreads in Switzerland Butter and spreads posted a slight decline in 2023, with health and wellness trends continuing to negatively impact the performance, with the strong competition from healthier variants like olive oil dampening sales. Swiss consumers are increasingly limiting their b ... Read More
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Butter and Spreads in Uruguay
Butter and Spreads in Uruguay Butter and spreads registered a modest increase in retail volume terms in 2022 and a similar performance is expected in 2023. As a mature category, there is little room for growth in butter and spreads. However, the category experienced high demand during the COVID-19 p ... Read More
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Butter and Spreads in Slovakia
Butter and Spreads in Slovakia Retail volume sales of butter began to recover in 2023, following a steep decline in the previous year. The latter was due mainly to rising raw milk and energy prices, which had an impact on production costs, and ultimately, unit prices With high inflation driving up t ... Read More
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Butter and Spreads in Serbia
Butter and Spreads in Serbia In 2023, butter and spreads continue to register strong current value growth, but minimal volume growth. High inflation, amid the ongoing war in Ukraine, is dampening retail volume sales. The slight volume growth is driven mainly by butter, which is outperforming margari ... Read More
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Butter and Spreads in Tunisia
Butter and Spreads in Tunisia 2022 was a challenging year for butter in Tunisia, with a critical volume decline of over 30% due to the continuous shortage of butter caused by the lack of milk production by farmers. Low levels of milk production was caused by a range of factors, including poor weathe ... Read More
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Sweet Spreads Packaging in India
Sweet Spreads Packaging in India The packaging unit volume sales in sweet spreads continued to grow dynamically in 2022 as Indian consumers’ awareness of Western diets continued to increase. Rapid urbanisation and exposure to global culture was helping to drive this trend, and hectic Indian lifestyl ... Read More
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Butter and Spreads in Romania
Butter and Spreads in Romania Value growth in butter and spreads is being supported by high unit prices, while volume remains in a decline. These factors are in direct correlation, as the skyrocketing prices, driven by inflationary pressures and increases in costs, mean price-sensitive consumers are ... Read More
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Butter and Spreads in Lithuania
Butter and Spreads in Lithuania Butter recorded positive retail volume growth in Lithuania during 2023 after retail volume sales in the category fell over the course of 2022 in the face of high average unit price growth. However, falling unit prices in 2023 did mean negative value growth in butter o ... Read More
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Butter and Spreads in Ecuador
Butter and Spreads in Ecuador Butter consumption in Ecuador is relatively low compared to other countries in the region. This is due in part to the availability of cheaper alternatives such as margarine, which are more commonly used for both cooking and baking. Margarine has a wide penetration throu ... Read More
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Butter and Spreads in Kazakhstan
Butter and Spreads in Kazakhstan Butter and spreads is expected to register double-digit current value growth, but much more muted volume growth. Kazakhstan has strong trade links with Russia in particular and its war in Ukraine is negatively impacting the Kazak economy and leading to high inflation ... Read More
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Butter and Spreads in Sweden
Butter and Spreads in Sweden As Swedes spent more time outside homes and ate out more, the elevated need for butter and spreads, as witnessed during the pandemic, was normalised. Nonetheless, while the demand declined, the unit prices increased due to inflation and growing production and transportat ... Read More
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Butter and Spreads in Taiwan
Butter and Spreads in Taiwan In March 2022, as pandemic restrictions gradually eased, a coexistence with the virus emerged. Consequently, the number of confirmed cases began to peak, reaching new daily highs. During the initial two quarters of 2022, most consumers stayed home to prevent catching or ... Read More
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Butter and Spreads in Malaysia
Butter and Spreads in Malaysia During much of 2020 and 2021 consumers found themselves confined to their homes due to the government’s measures to stem the tide of the Coronavirus (COVID-19) pandemic. This encouraged them to take up cooking and baking as a hobby. This trend had a particularly positi ... Read More
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Butter and Spreads in the Philippines
Butter and Spreads in the Philippines Butter and spreads saw accelerated growth in retail volume terms in 2023, thanks to the continuation of the home cooking and baking boom, which took off during the pandemic and which showed no signs of abating, despite that fact that consumers spent more time ou ... Read More
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Butter and Spreads in Georgia
Butter and Spreads in Georgia Butter expected to register healthy current value growth, but minimal volume growth. Continuing economic uncertainty as a result of Russia’s invasion of Ukraine and high inflation is continuing to have an effect and consumers are expected to be highly price sensitive an ... Read More
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Butter and Spreads in Cameroon
Butter and Spreads in Cameroon For several decades, palm oil and vegetable oil have held their position as the primary choice for edible oil in Cameroonian cuisine and it is unlikely to change unless a remarkable transformation takes place. The dominance of these two oils has effectively marginalise ... Read More
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Butter and Spreads in Dominican Republic
Butter and Spreads in Dominican Republic Butter and spreads is expected to register moderate current value growth and marginal retail volume growth, as inflation still bites. Consumers are expected to continue to be highly price sensitive and prioritise value for money, but at the same time players ... Read More
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Butter and Spreads in Latvia
Butter and Spreads in Latvia Retail volume sales of butter and spreads are expected to decrease during 2023, reflecting the declining population and the general trend of consuming less bread. Despite its declining average unit price, retail volume sales of the largest category, butter, recorded a sl ... Read More
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Butter and Spreads in Spain
Butter and Spreads in Spain Butter and spreads witnessed among the highest unit price growth in dairy in 2022 resulting in the category seeing double-digit growth in current value terms. However, sales plummeted in retail volume terms in 2022, even more significantly than in the previous year when t ... Read More
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Butter and Spreads in Egypt
Butter and Spreads in Egypt Butter and spreads is set to witness a decline in retail volume sales during 2023, with a huge increase in price points leading to double-digit results for current retail value growth. These price increases were due to butter being imported from countries such as New Zeal ... Read More
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Butter and Spreads in Bosnia and Herzegovina
Butter and Spreads in Bosnia and Herzegovina Butter and spreads generated robust growth in current value terms during 2023, despite falling demand as unit prices remained high. Butter is increasingly popular in Bosnia and Herzegovina, where it is seen as a healthier alternative to margarine. Consequ ... Read More
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Butter and Spreads in Saudi Arabia
Butter and Spreads in Saudi Arabia The butter market was significantly impacted by the war following the Russian invasion of Ukraine in 2022. The conflict led to a significant increase in prices due to the shortage of supplies and labour, and logistics challenges. All these factors impacted the manu ... Read More
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Butter and Spreads in the United Kingdom
Butter and Spreads in the United Kingdom Butter and spreads continues to face substantial challenges in 2023 as the supply chain remains unstable, milk prices fluctuate, and labour remains an issue. Indeed, as feed and fertiliser prices that plateaued in September 2022 remain extremely high, milk pr ... Read More
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Butter and Spreads in Portugal
Butter and Spreads in Portugal Retail volume sales of butter and spreads remained static in 2023. Demand for such products experienced an upturn during the pandemic, when people spent more time cooking and baking at home. Butter and spreads are particularly likely to be used at breakfast (usually as ... Read More
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Butter and Spreads in Hungary
Butter and Spreads in Hungary The increased price of baked goods and pastries, combined with the popularity of chef shows on TV and social media, has driven the popularity of baking at home. This is increasing retail volume sales of margarine and the moderate retail volume decrease of butter. The hy ... Read More
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