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:
Market Scope
Base Year
2024
End Year
2028
Series Year
2024-2028
Growth Momentum
Accelerate
YOY 2024
4.11%
CAGR
4.36%
Incremental Value
$4291.2mn
By Type
Nuts and seed-based spreads
Jams jellies and preserves
Honey
Chocolate spreads
By Distribution Channel
Offline
Online
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.
Table of Contents
1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market by Geography
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Market Segmentation by Distribution Channel
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Sweet Spreads Market 2018 - 2022
Historic Market Size - Data Table on Global Sweet Spreads Market 2018 - 2022 ($ million)