Category: Spreads
Spreads market research reports by Euromonitor International
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Butter and Spreads in Poland
Butter and Spreads in Poland In 2023, the Polish dairy industry experienced increasing production costs leading to extremely high retail prices for butter. This prompted producers to explore various strategies to prevent further price hikes, maintaining consumer affordability. One approach involved ... Read More
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Butter and Spreads in Nigeria
Butter and Spreads in Nigeria Butter and spreads demonstrates improved volume growth in 2023 compared to the previous year, rebounding slightly after a decline in 2022. Despite this positive trend, the presence of persistently high inflationary conditions throughout 2023 hinders a more substantial g ... Read More
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Butter and Spreads in Germany
Butter and Spreads in Germany Butter has long been a staple dairy ingredient in German cuisine, with a rich history and cultural significance. After two years of pandemic-driven home seclusion, which benefited the consumption of butter as cooking and baking were adopted as pleasurable activities, de ... Read More
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Butter and Spreads in Finland
Butter and Spreads in Finland The consumption of butter and spreads continues to normalise in 2023, following the heightened demand witnessed during the COVID-19 pandemic, when Finns cooked and ate more at home. In addition, unit prices increased in 2022 and continued to do so at the beginning of 20 ... Read More
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Butter and Spreads in Greece
Butter and Spreads in Greece Due to the increase in price points, general inflation, and consumers' lower disposable incomes, the demand for butter has decreased. Consumers have looked to make butter last longer, to purchase cheaper varieties or simply remove the product from their shopping baskets. ... Read More
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Butter and Spreads in Bolivia
Butter and Spreads in Bolivia In 2023, the consumption of butter at home is expected to register similar healthy growth levels in sales volumes similar to those registered before the start of the pandemic. That being said, value sales are still low, with margarine and spreads and cooking fats accoun ... Read More
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Butter and Spreads in Israel
Butter and Spreads in Israel Butter in Israel had a very high customs tax of 126-140%. This made importing butter unviable for players in the category, except for specific importers allowed to import small amount without the customs tax attached. In 2019, the country started to see shortages of butt ... Read More
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Butter and Spreads in Guatemala
Butter and Spreads in Guatemala Butter and spreads is expected to register moderate current value growth, but constant value sales are expected to fall as persistent inflation cuts into profitability. In addition, with persistent inflation, consumers are expected to trade down – for instance trading ... Read More
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Butter and Spreads in China
Butter and Spreads in China Retail sales of butter saw accelerated growth in current value terms in 2023. Growth was boosted by the lifting of pandemic-related measures, which saw a revival in offline consumption, combined with an enhanced consumer awareness of Western cuisine. The product also cont ... Read More
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Butter and Spreads in Vietnam
Butter and Spreads in Vietnam In 2023, margarine and spreads is projected to continue to be the dominant category in retail volume and value sales terms, followed by butter, with cooking fats sales still negligible. The popularity of margarine and spreads is underpinned by its versatility for baking ... Read More
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Butter and Spreads in Canada
Butter and Spreads in Canada Butter and spreads growth remains stagnant in 2023. The category is facing one of the steepest price increases, as inflation reaches a record high. Although the overall Canadian Consumer Price Index (CPI) experienced a decline in the early months of 2023, food inflation ... Read More
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Butter and Spreads in France
Butter and Spreads in France Butter benefited from the first year of home seclusion during the pandemic, with retail sales climbing as consumers cooked and baked more frequently at home. While retail volume sales continue to decline in 2023 following a notable drop the previous year, demand remains ... Read More
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Butter and Spreads in Costa Rica
Butter and Spreads in Costa Rica Current value sales are expected to increase, along with an overall healthy increase in volume sales. While there is still economic uncertainty, as a result of rising inflation, the growth in inflation is expected to ease. That being said, consumers are expected to c ... Read More
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Butter and Spreads in South Africa
Butter and Spreads in South Africa In 2023, double-digit food inflation has seen consumers reduce their overall consumption across categories, with butter, cooking fats, and margarine and spreads all set to see retail volume declines. This is the second year that the prices of margarine and spreads ... Read More
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Butter and Spreads in Indonesia
Butter and Spreads in Indonesia Butter and spreads maintains positive growth in 2023, thanks to a combination of factors, including a return to on-the-go lifestyles and trends which emerged during the COVID-19 pandemic. Butter and spreads are commonly used in preparing quick breakfasts before school ... Read More
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Butter and Spreads in the Czech Republic
Butter and Spreads in the Czech Republic Butter consumption in the Czech Republic was challenged following the surge caused by the COVID-19 pandemic. This decrease in retail volume continued in 2022, with the significant increase in prices impacting sales, but in 2023, we expect the consumption to s ... Read More
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Butter and Spreads in New Zealand
Butter and Spreads in New Zealand As New Zealanders’ dairy spread of choice, butter continues to dominate, and is set to reach value sales of over NZD250 million in 2023, whereas margarine is lagging far behind, expected to reach NZD33 million. This discrepancy shows a clear preference amongst consu ... Read More
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Butter and Spreads in Australia
Butter and Spreads in Australia Within dairy, butter is the most consumed product within butter and spreads, with higher sales than margarine and spreads, and cooking fats combined. This was not always the case in Australia, as margarine was the more popular spread amongst consumers. However, recent ... Read More
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Butter and Spreads in Italy
Butter and Spreads in Italy During the Coronavirus (COVID-19) pandemic, consumers found or rediscovered a passion for cooking/baking and the demand for quality, but also traditional, butter increased. Thus, COVID-19 in Italy saw demand increase strongly as consumers stocked up on butter, not least f ... Read More
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Butter and Spreads in Argentina
Butter and Spreads in Argentina Butter and spreads registered a decline in retail volume sales in 2022, which is set to continue throughout 2023. The decline results from the high level of sales reached in 2020 during the pandemic, with many people preparing home-made meals. Despite this, sales of b ... Read More
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Butter and Spreads in Austria
Butter and Spreads in Austria Following the record-high growth rates for Butter during 2022, due to inflation and the higher cost of energy, boosting price points, the average unit price of Butter slightly declined in 2023. The amount of special offers for branded butter products continues to be hig ... Read More
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Butter and Spreads in Bulgaria
Butter and Spreads in Bulgaria Butter and spreads continue to witness decline in retail volume sales due to price inflation. Butter was among the food categories with the highest price growth in 2022 as players faced soaring costs. Retail prices continued to increase in the first half of 2023 due to ... Read More
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Butter and Spreads in Croatia
Butter and Spreads in Croatia Despite the recovery of pre-pandemic lifestyles, with Croatians returning to office workplaces and spending less time at home, margarine sales continue to decrease. In recent years, margarine has been labelled as a less healthy option than butter, and has been unable to ... Read More
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Butter and Spreads in Hong Kong, China
Butter and Spreads in Hong Kong, China The consumption of butter in Hong Kong experienced robust total volume growth following the initial pandemic disruption. Over the course of recent years, butter consumption in Hong Kong has been consistently influenced by a variety of lifestyle trends, with two ... Read More
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Butter and Spreads in Azerbaijan
Butter and Spreads in Azerbaijan Butter and spreads are seeing retail prices fall in 2023, following a period of dynamic price increases in 2022. Current value sales have been pushed into decline as the inflation rate slowed in Azerbaijan and logistical supply chains were adjusted to support an incr ... Read More
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