Spread is a food substance that is added onto food stuffs especially on bakery foods such as breads, crackers and so on. Spreads add taste, color as well as texture the food stuffs.
Sales of sweet & savory spreads are highly related to bakery foods consumption of particular region. The consumer choice regarding spreads depends on the food stuff that is being consumed, required taste profile and other factors such as sugar content, naturalness, source of the spread and so on. Spreads are mostly available as bottled and canned products. Squeeze containers are becoming popular in most of as they are flexible while using. Few sources of spreads include fruits, nuts, dairy, yeast and so on, of which fruit preserves especially jam is highly consumed across the world.
Asia-Pacific market has been growing consistently in the recent years and this trend is estimated to continue in the coming years with the considerable growth in the consumption of bakery and snack items. Changing lifestyles and breakfast patterns have significantly affected the sweet & savory spreads sales. The increasing popularity of packaged foods and its availability in the retail chains is also one of the favorable factors for the market growth. Price and taste are the two important factors the consumer look into while buying a packaged spread product in this region. There are many homemade traditional spreads which are losing prominence in the recent years based with the increasing penetration of packaged ones.
The report analyzes the market based on type of sweet and savory spreads namely: Honey, Chocolate Spreads, Fruit preserves, Nut & seed-based spreads and others. The report provides detailed analysis on distribution landscape and potential of various distribution channels such as Supermarkets/Hypermarkets, Convenience stores, specialty food stores, grocery stores and others. Country specific trends and market dynamics are also covered in the report.
Sample Companies Profiled in this Report are:
- Unilever Group
- Wang’s Bee Garden Co Ltd
- Dabur India Ltd.
- Marizarasa Sarimurni