- Butter/Cheese
- Fruit Spreads
- Chocolates and Nuts
Spreads Market size was valued at USD 65,982.3 Million in 2022 and is expected to grow at a significant CAGR of 3.9% from 2023 to 2029. The global market provides a detailed overview of the Spread Market and that can be segmented by Product Type and Distribution Channel. Based on product type, spreads market has been segmented into Butter/Cheese, Fruit Spreads, Chocolates and Nuts. The Butter/Cheese segment is likely to be the largest and fastest-growing segment in terms of type. Based on distribution channel spreads market is segmented into Hypermarkets & Supermarket, Convenience Stores, Speciality Stores, and Online Stores. Among these, the Hypermarket & Supermarket segment is expected to have the fastest-growing market during the forecast period 2022-2028 during the forecast period according to Precision Business Insights.
Spreads Market Key Development:
- In 2021, Nestle Italia launched a spread version of its Baci Perugina chocolate brand. The company launched Creme Baci, which is gluten-free, and palm oil-free sweet chocolate spread with crunchy hazelnut grains.
Spreads Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
3.9%
Largest Market
North America
Fastest Growing Market
Asia Pacific
Spreads Market Dynamics
One of the primary factors driving the growth of the spread market is the increase in demand for natural and healthy spreads around the world. The market is growing due to an increase in demand for preserves and gourmet jams, which are regarded as luxury commodities, and consumers' perceptions of the food product in developed and developing countries.
North-America Got Significant Share
Spreads Market Regional Analysis
By region, the North America market is expected to witness the highest market share during the forecast period. The development of healthy food spread by manufacturing companies is expected to fuel the growth of the market in this region.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The spreads market report provides granular level information about the market size, regional market share, historic market (2018-2022) and forecast (2023-2029)
- The report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments, and start-up details that are actively working in the market
- The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Spreads Market Segmentation
By Product Type
By Distribution Channel
- Hypermarket & Supermarket
- Convenience Store
- Speciality Store and
- Online Stores
By Geography
- North America
- Europe
- Asia Pacific
- Latin America and
- Middle East and Africa
Frequently Asked Questions
The spreads market is projected to expand at a CAGR of 3.9% during the forecast period.
The major players in the spreads market are The J.M. Smucker Company, The Kraft Heinz Company, Unilever PLC, Conagra Brands Inc., Nestle SA, Hormel Foods LLC, Ferrero SA, Premier Foods Group Services Limited, Sioux Honey Association, Land O’ Lakes Inc.
North America is the fastest-growing region for spreads market
| 1. Executive Summary |
| 2. Global Spreads Market Introduction |
| 2.1. Global Spreads Market - Taxonomy |
| 2.2. Global Spreads Market -Definitions |
| 2.2.1. Product Type |
| 2.2.2. Distribution Channel |
| 3. Global Spreads Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Global Spreads Market Dynamic Factors - Impact Analysis |
| 3.6. Global Spreads Market - Competition Landscape |
| 4. Global Spreads Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 |
| 4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Spreads Market, By Product Type, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.1. Butter/Cheese |
| 5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Fruit Spreads |
| 5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Chocolates & Nuts |
| 5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Others |
| 5.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 6. Global Spreads Market Forecast, By Distribution Channel, 2018 - 2022 and Forecast, 2023 - 2029 |
| 6.1. Hypermarket & Supermarket |
| 6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Convenience Store |
| 6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Specialty Store |
| 6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Online Stores |
| 6.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 7. Global Spreads Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.1. North America |
| 7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Europe |
| 7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Asia-Pacific |
| 7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Latin America |
| 7.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Middle East and Africa |
| 7.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 7.6. Global Spreads Market - Opportunity Analysis Index, By Product Type, Distribution Channel, and Region, 2023 - 2029 |
| 8. North America Spreads Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 8.1. By Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 8.1.1. Butter/Cheese |
| 8.1.2. Fruit Spreads |
| 8.1.3. Chocolates & Nuts |
| 8.1.4. Others |
| 8.2. Distribution Channel Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 8.2.1. Hypermarket & Supermarket |
| 8.2.2. Convenience Store |
| 8.2.3. Specialty Store |
| 8.2.4. Online Stores |
| 8.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 8.3.1. USA |
| 8.3.2. Canada |
| 8.4. North America Spreads Market - Opportunity Analysis Index, By Product Type, Distribution Channel, and Country, 2023 - 2029 |
| 8.5. North America Spreads Market Dynamics - Trends |
| 9. Europe Spreads Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 9.1. By Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1. Butter/Cheese |
| 9.1.2. Fruit Spreads |
| 9.1.3. Chocolates & Nuts |
| 9.1.4. Others |
| 9.2. Distribution Channel Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 9.2.1. Hypermarket & Supermarket |
| 9.2.2. Convenience Store |
| 9.2.3. Specialty Store |
| 9.2.4. Online Stores |
| 9.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 9.3.1. Germany |
| 9.3.2. UK |
| 9.3.3. France |
| 9.3.4. Spain |
| 9.3.5. Italy |
| 9.3.6. Rest of Europe |
| 9.4. Europe Spreads Market - Opportunity Analysis Index, By Product Type, Distribution Channel, and Country, 2023 - 2029 |
| 9.5. Europe Spreads Market Dynamics - Trends |
| 10. Asia-Pacific Spreads Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 10.1. By Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1. Butter/Cheese |
| 10.1.2. Fruit Spreads |
| 10.1.3. Chocolates & Nuts |
| 10.1.4. Others |
| 10.2. Distribution Channel Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.2.1. Hypermarket & Supermarket |
| 10.2.2. Convenience Store |
| 10.2.3. Specialty Store |
| 10.2.4. Online Stores |
| 10.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 10.3.1. Japan |
| 10.3.2. China |
| 10.3.3. India |
| 10.3.4. ASEAN |
| 10.3.5. Australia & New Zealand |
| 10.3.6. Rest of Asia-Pacific |
| 10.4. Asia-Pacific Spreads Market - Opportunity Analysis Index, By Product Type, Distribution Channel, and Country, 2023 - 2029 |
| 10.5. Asia-Pacific Spreads Market Dynamics - Trends |
| 11. Latin America Spreads Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 11.1. By Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1. Butter/Cheese |
| 11.1.2. Fruit Spreads |
| 11.1.3. Chocolates & Nuts |
| 11.1.4. Others |
| 11.2. Distribution Channel Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.2.1. Hypermarket & Supermarket |
| 11.2.2. Convenience Store |
| 11.2.3. Specialty Store |
| 11.2.4. Online Stores |
| 11.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 11.3.1. Brazil |
| 11.3.2. Mexico |
| 11.3.3. Argentina |
| 11.3.4. Rest of Latin America |
| 11.4. Latin America Spreads Market - Opportunity Analysis Index, By Product Type, Distribution Channel, and Country, 2023 - 2029 |
| 11.5. Latin America Spreads Market Dynamics - Trends |
| 12. Middle East and Africa Spreads Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 12.1. By Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1. Butter/Cheese |
| 12.1.2. Fruit Spreads |
| 12.1.3. Chocolates & Nuts |
| 12.1.4. Others |
| 12.2. Distribution Channel Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.2.1. Hypermarket & Supermarket |
| 12.2.2. Convenience Store |
| 12.2.3. Specialty Store |
| 12.2.4. Online Stores |
| 12.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 12.3.1. Gulf Cooperation Council (GCC) Countries |
| 12.3.2. Israel |
| 12.3.3. South Africa |
| 12.3.4. Rest of MEA |
| 12.4. MEA Spreads Market - Opportunity Analysis Index, By Product Type, Distribution Channel, and Country, 2023 - 2029 |
| 12.5. MEA Spreads Market Dynamics - Trends |
| 13. Competition Landscape |
| 13.1. Strategic Dashboard of Top Market Players |
| 13.2. Company Profiles (Introduction, Financial Analysis, Distribution Channel & Service Offerings, Key Developments, Strategies, and SWOT Analysis) |
| 13.2.1. The J.M. Smucker Company |
| 13.2.2. The Kraft Heinz Company |
| 13.2.3. Unilever PLC |
| 13.2.4. Conagra Brands Inc. |
| 13.2.5. Nestle SA |
| 13.2.6. Hormel Foods LLC |
| 13.2.7. Ferrero SA |
| 13.2.8. Premier Foods Group Services Limited |
| 13.2.9. Sioux Honey Association |
| 13.2.10. Land O' Lakes Inc. |
| 14. Research Methodology |
| 15. Key Assumptions and Acronyms |
- The J.M. Smucker Company
- The Kraft Heinz Company
- Unilever PLC
- Conagra Brands Inc.
- Nestle SA
- Hormel Foods LLC
- Ferrero SA
- Premier Foods Group Services Limited
- Sioux Honey Association
- Land O' Lakes Inc.