Category: Spreads
Spreads market research reports by Euromonitor International
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New Zealand Butter and Spreads
Butter and Spreads in New Zealand With the price of milk rising significantly towards the end of the review period, all milk by-products have also been suffering from high rates of inflation, with butter in New Zealand no exception to this trend. Butter is a household staple ingredient for many loca ... Read More
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Norway Butter and Spreads
Butter and Spreads in Norway Butter and spreads in Norway is projected to see moderate retail volume growth in 2024. While the full return to pre-Coronavirus (COVID-19) lifestyles has undermined the home baking and cooking trend, this residual practice continues to offer consumption opportunities fo ... Read More
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Hungary Butter and Spreads
Butter and Spreads in Hungary Price inflation had a strong effect on butter and cooking fats in 2024, which are already considered relatively expensive dairy products. Both products witnessed a decrease in volume sales due to lower consumption and a shift towards alternatives at a lower price point. ... Read More
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Portugal Butter and Spreads
Butter and Spreads in Portugal Butter consumption increased in 2023, both in retail volume and value terms and it continues to see steady growth in 2024. Due to the challenging economic environment and the sharp rise in the cost of living, many consumers are eating at home more frequently as it is t ... Read More
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Dominican Republic Butter and Spreads
Butter and Spreads in Dominican Republic In times of high inflation, when consumers reduce their discretionary expenditures and focus more on home-cooked meals, butter and spreads in the Dominican Republic has shown remarkable resilience, continuing to grow in both volume and value terms in 2024. Wh ... Read More
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Costa Rica Butter and Spreads
Butter and Spreads in Costa Rica Butter and spreads is expected to register healthy current value and volume growth in Costa Rica in 2024. Margarine and spreads still account for most volume sales and is expected to register higher value growth, though volume growth is expected to be higher for butt ... Read More
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Ecuador Butter and Spreads
Butter and Spreads in Ecuador The price of margarine in Ecuador continues its downward trend in 2024, following the sharp increase observed in 2022, triggered by the onset of the Russian invasion of Ukraine. The price of margarine is closely tied to the cost of edible oil, which experienced a signif ... Read More
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Romania Butter and Spreads
Butter and Spreads in Romania Butter and spreads in Romania felt the impact of lower average unit prices in 2023, with volume sales remaining flat compared to several years of decline. The government approved legislation to help consumers affected by the high cost of living to purchase basic product ... Read More
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Estonia Butter and Spreads
Butter and Spreads in Estonia Butter and spreads registered moderate current value growth in 2024, while foodservice volume sales saw a modest increase and retail volume sales declined. Economic uncertainty because of the Russian invasion of Ukraine, the meteoric rise in inflation, and a constrained ... Read More
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Greece Butter and Spreads
Butter and Spreads in Greece The market for butter and spreads in Greece is set to experience a slight decline in retail volume terms in 2024. This will be due largely to significant price increases, a trend that is being observed across many dairy categories. The primary driver behind these price h ... Read More
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Croatia Butter and Spreads
Butter and Spreads in Croatia It is expected to be a muted picture for butter and spreads in Croatia in 2024. While current value sales is expected to rise, constant value growth is expected to minimal and volume sales unchanged. With prices continuing to rise, consumers are still price sensitive an ... Read More
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Egypt Butter and Spreads
Butter and Spreads in Egypt Butter and spreads in Egypt remain challenged by high prices in 2024, although there was a slight recovery in volume growth after several years of decline. Current value growth remains extremely high, as was the case in 2023, due to the significant increase in prices. But ... Read More
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Saudi Arabia Butter and Spreads
Butter and Spreads in Saudi Arabia The market for butter and spreads is poised for improved performance in 2024, following a dip in retail volume sales in 2022 and 2023. Demand during these years was significantly impacted by substantial price increases, brought about by the war in Ukraine and assoc ... Read More
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Vietnam Butter and Spreads
Butter and Spreads in Vietnam Butter and spreads is set to see current value growth in Vietnam in 2024. The popularity of margarine and spreads is underpinned by its versatility for baking and cooking, alongside affordability considerations. In general, Vietnamese consumers use margarine and spreads ... Read More
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The US Butter and Spreads
Butter and Spreads in the US While both butter and margarine suffered skyrocketing cost increases in 2022 due to disruptions in the supply of raw ingredients, the price of butter stabilised, while that of margarine continued to climb strongly in 2023. The fallout from these trends saw butter grow so ... Read More
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Mexico Butter and Spreads
Butter and Spreads in Mexico Retail volume sales of margarine and spreads in Mexico declined between 2022 and 2023, while butter was the best performer. Cooking fats, as the largest category, lost some ground but overall demand remained fairly stable. However, 2024 is emerging as a positive year for ... Read More
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Sweet Spreads Packaging in Spain
Sweet Spreads Packaging in Spain In 2023, Spanish honey producers were facing challenges that included a low harvest yield due to drought and competition from low-quality imported honey, particularly from China. This has intensified cost and competitive pressures for local producers. Consequently, P ... Read More
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Chile Butter and Spreads
Butter and Spreads in Chile Ghee has been gaining popularity in Chile for its perceived properties and benefits in relation to traditional butter options. Its is an ingredient that comes from Ayurveda culture and its consumption in the local market has been growing due to its perceived benefits and ... Read More
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Thailand Butter and Spreads
Butter and Spreads in Thailand The market for butter and spreads in Thailand is set to see fairly modest growth in retail volume terms in 2024, continuing the trend of the previous year. Unlike in Western countries, butter is not traditionally a staple in Thai cuisine, where coconut milk, fish sauce ... Read More
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Finland Butter and Spreads
Butter and Spreads in Finland Butter and spreads in Finland is mature and will struggle to advance per capita sales. To boost value sales, the focus is on adding trendy features and value-added health benefits to margarine and spreads. Innovation is expected to concentrate on creating plant-based pr ... Read More
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Colombia Butter and Spreads
Butter and Spreads in Colombia Margarine is the preferred choice in Colombia and garners higher volume sales than butter and cooking fats in 2024. Overall, margarine has a healthier perception and is considered more versatile than butter. The strong volume performance compared to butter is driven by ... Read More
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The United Arab Emirates Butter and Spreads
Butter and Spreads in the United Arab Emirates Retail volume sales of butter and spreads experienced a downturn between 2021 and 2022 as consumers returned to work, leading to reduced home cooking and baking activities that had previously surged during periods of remote working. However, following a ... Read More
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The Netherlands Butter and Spreads
Butter and Spreads in the Netherlands Butter and spreads in the Netherlands has been hurt by changes in the typical Dutch diet. More Dutch consumers are moving away from eating sandwiches for breakfast and lunch and exploring other meal options, such eating yoghurt or quark for breakfast. This means ... Read More
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The Czech Republic Butter and Spreads
Butter and Spreads in the Czech Republic Butter and spreads in the Czech Republic is enjoying a better performance in 2024 compared to recent years. The difficult economic situation in the Czech Republic continues to weigh on consumer purchasing power and force many to remain cautious with expenditu ... Read More
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Australia Butter and Spreads
Butter and Spreads in Australia In line with rising health consciousness among consumers, there is increasing interest in perceived healthier alternative butter and spreads in Australia. Additionally, the growing popularity of Keto and paleo diets has boosted the demand for butter and coconut oil in ... Read More
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