Global Sweet Spreads Market 2024-2028
Technavio has been monitoring the sweet spreads market and is forecast to grow by USD 4291.2 mn during 2023-2028, accelerating at a CAGR of 4.36% during the forecast period. Our report on the sweet spreads market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in on-the-go consumption, expanding organized retail landscape, and evolving taste preferences.
Technavio's sweet spreads market is segmented as below:
By Type
- Nuts and seed-based spreads
- Jams jellies and preserves
- Honey
- Chocolate spreads
By Distribution Channel
By Geography
- Europe
- North America
- APAC
- South America
- Middle East and Africa
This study identifies the growth of online retailing as one of the prime reasons driving the sweet spreads market growth during the next few years. Also, growth of clean label solutions and sugar-reduced spreads and rising number of new product launches will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the sweet spreads market covers the following areas:
- Sweet spreads market sizing
- Sweet spreads market forecast
- Sweet spreads market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading sweet spreads market vendors that include Algood Food Co., Andros SNC, B and G Foods Inc., Chocoladefabriken Lindt and Sprungli AG, Conagra Brands Inc., Dabur India Ltd., Dr. August Oetker KG, F. Duerr and Sons Ltd., Ferrero International S.A., Hormel Foods Corp., Mondelez International Inc., Murphy Orchard, Nestle SA, PepsiCo Inc., Rochak Agro Food Products Pvt. Ltd., The Hain Celestial Group Inc., The Hershey Co., The J.M Smucker Co., The Kraft Heinz Co., and Wilkin and Sons Ltd.. Also, the sweet spreads market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.