Spreads Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis (2017-2021) and Forecast (2022-2028)

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Spreads Market: Product Type (Butter/Cheese, Fruit Spreads, Chocolates and Nuts), Distribution Channel (Hypermarket & Supermarket, Convenience Store, Speciality Store and Online Stores) and Geography

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Report

Description

Spreads Market size is valued at USD 65,982.3 Million in 2021 and is expected to grow at a significant CAGR of 3.9% during the forecast period 2022 to 2028. 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.

Key Development:

In 2021, Nestlé 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

MARKET SUMMARY
-
3.9%
  • Study Period– 2022-2028
  • Base Year– 2021
  • CAGR– 3.9%
  • Largest Market–  North America
  • Fastest Growing Market– Asia Pacific

Spreads Market

  • The spreads market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • The spreads market report gives historical, current, and future market sizes (US$ Mn) based on product type,  distribution channel and geography.
Key Players
  • The J.M. Smucker Company
  • The Kraft Heinz Company
  • Unilever PLC
  • Conagra Brands Inc.
  • Nestle SA
Spreads Market Drivers

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

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
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The spreads market report provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
  • The spreads market report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The spreads market report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The spreads market report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The spreads market report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Spreads Market Segmentation


Location

GEOGRAPHY

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


Report

Table Of Content

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, 2017 – 2021 and Forecast, 2022 – 2028
4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.1. Butter/Cheese
5.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028
6.1. Hypermarket & Supermarket
6.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.1. North America
7.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2022 – 2028
8. North America Spreads Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.1. By Product Type Analysis 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028 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, 2022 – 2028
8.5. North America Spreads Market Dynamics – Trends
9. Europe Spreads Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
9.1. By Product Type Analysis 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028 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, 2022 – 2028
9.5. Europe Spreads Market Dynamics – Trends
10. Asia-Pacific Spreads Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
10.1. By Product Type Analysis 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028 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, 2022 – 2028
10.5. Asia-Pacific Spreads Market Dynamics – Trends
11. Latin America Spreads Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
11.1. By Product Type Analysis 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028 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, 2022 – 2028
11.5. Latin America Spreads Market Dynamics – Trends
12. Middle East and Africa Spreads Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
12.1. By Product Type Analysis 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028 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, 2022 – 2028
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

Report

Company Profile

  • 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.

Description

Spreads Market size is valued at USD 65,982.3 Million in 2021 and is expected to grow at a significant CAGR of 3.9% during the forecast period 2022 to 2028. 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.

Key Development:

In 2021, Nestlé 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.

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