Sweet Spread Market - Forecast(2021 - 2026)

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Sweet Spread Market Overview

Sweet Spread Market size in 2020 is estimated to be $1,120 million, growing at a CAGR of 3.2% during the forecast period 2021-2026. Sweet spread contain jams, marmalades, jellies, honey, nut-based spreads, and chocolate spreads. The spreads are consumed with toast, breads, and other similar products. Increasing consumption of ready-to-eat foods and rising awareness regarding nutritive value of foods are the major factors driving the growth of the market. Moreover, increasing urbanization and changing lifestyle further enhance the overall market demand for sweet spread during the forecast period 2021-2026.

Sweet Spread Market Report Coverage

The report: “Sweet Spread Market – Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the Sweet Spread Market:
By Product Type : Jams and Preserves, Honey, Chocolate Spreads, Nuts and Seed-Based Spreads, Others
By Distribution Channel : Hypermarkets and Supermarkets, Retailer, Convenience Stores, Online Stores, Others
By Geography: North America, Europe, Asia-Pacific, and Rest of the World

Key Takeaways

  • In 2020, North America dominates the Sweet Spread Market owing to rising demand for low-fat and low-sugar sweet spread variants.
  • Increasing consumption of ready-to-eat foods and rising awareness regarding nutritive value of foods is driving the market growth of sweet spread.
  • Detailed analysis of the Strength, Weakness, and opportunities of the prominent players operating in the market will be provided in the Sweet Spread Market report.
  • Unavailability of raw materials are challenging the growth of the market. 

Sweet Spread Market Segment Analysis - By Product Type

Based on the Product Type, Sweet Spread Market is segmented into Jams and Preserves, Honey, Chocolate Spreads, Nuts and Seed-Based Spreads, Others. The Jams and Preserves segment is forecast to be the fastest-growing segment and is projected to grow at a CAGR of 2.8% during the forecast period 2021-2026. This is mainly owing to increasing consumer demand for gourmet jams and preserves, which are mostly used for gifting are contributing to the growth of this segment. 

Sweet Spread Market Segment Analysis - By Distribution Channel

Based on the Distribution Channel, Sweet Spread Market is segmented into Hypermarkets and Supermarkets, Retailer, Convenience Stores, Online Stores, Others. In 2020, online stores held the largest share in the Sweet Spread Market. This is mainly owing to increasing e-commerce website and rising bust lifestyle are contributing to the growth of this segment.

Sweet Spread Market Segment Analysis - By Geography

North America dominated the Market share accounting for 40% of the market in 2020. This is mainly owing to rising demand for low-fat and low-sugar sweet spread variants and increasing consumer preference towards ready-to-eat meals.However, the Asia Pacific region is projected to be the fastest-growing during the forecast period 2021-2026. This is owing to rapid industrialization and increasing hectic lifestyle.

Sweet Spread Market Drivers

Increasing Consumption of Ready-to-Eat Foods

Consumers are shifting towards the consumption of foods that are readily available owing to their hectic lifestyle or lack of cooking skills that prevent them from cooking are some factor driving the market growth of this segment. Moreover, sweet and savory spread has a high demand from people of old age owing to their inability to cook food which are increasing the market growth of sweet spread.

Rising  Awareness towards nutritive Value of Food

Rise in awareness regarding the nutritive value of spread among consumers is a significant factor driving the growth of the market. Moreover, consumers are ready to spend on products such as spreads that provide health benefits and are contributing to the growth of Sweet Spread Market.

Sweet Spread Market Challenges

Unavailability of raw materials are challenging the growth of the market. Moreover, the rise in popularity of cereals and decline in the sales of breads are further restraining its market growth during the forecast period 2021-2026.
During COVID-19 Pandemic, there is a worldwide shutdown of shops, supermarkets  that have largely affected the sales of sweet. However, the COVID-19 pandemic has ruined a large stock of sweets in manufacturing units and shops, which has caused huge loss to manufacturers.

Sweet Spread Market Outlook

Product launches, Merger & Acquisitions, joint ventures and R&D activities are key strategies adopted by players in the Sweet Spread Market. Sweet Spread top 10 companies are Monteagle Group, ATLANTIC GRUPA D.D., Pioneer Foods, Uniliver Group, Dr. Oetker, HERSHEY’S, Nestle, Glanbia Consumer Foods, Kraft Foods, Ferrero Group.

Acquisitions/Product Launches:
On 30 August 2018, Kraft Heinz has partnership with Hershey Company and launch Milk Chocolate and Reese’s Peanut Butter Cup Dairy Whipped Toppings which helps to add a delicious dimension to any sweet treat.


1. Sweet Spread Market - Overview
        1.1 Definitions and Scope
2. Sweet Spread Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. Sweet Spread Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. Sweet Spread Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5. Sweet Spread Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6. Sweet Spread Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7. Sweet Spread Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. Sweet Spread Market - By Product Type(Market Size -$Million / $Billion)
        8.1 Market Size and Market Share Analysis
        8.2 Application Revenue and Trend Research
        8.3 Product Segment Analysis
9. Sweet Spread Market - By Type(Market Size -$Million / $Billion)
        9.1 MARKET SEGMENTATION
            9.1.1 By Type
                 9.1.1.1 Chocolate Spreads
                 9.1.1.2 Honey
                 9.1.1.3 Jam
                 9.1.1.4 Nut Butter/Spread
            9.1.2 By Distribution Channel
                 9.1.2.1 Specialist Retail Store
                 9.1.2.2 Hypermarket/Supermarket
                 9.1.2.3 Online Channel
                 9.1.2.4 Other Distribution Channels
        9.2 COMPETITIVE LANDSCAPE
            9.2.1 Most Active Companies
10. Sweet Spread - By Application Type(Market Size -$Million / $Billion)
        10.1 Segment type Size and Market Share Analysis
        10.2 Application Revenue and Trends by type of Application
        10.3 Application Segment Analysis by Type
11. Sweet Spread- By Geography (Market Size -$Million / $Billion)
        11.1 Sweet Spread Market - North America Segment Research
        11.2 North America Market Research (Million / $Billion)
            11.2.1 Segment type Size and Market Size Analysis
            11.2.2 Revenue and Trends
            11.2.3 Application Revenue and Trends by type of Application
            11.2.4 Company Revenue and Product Analysis
            11.2.5 North America Product type and Application Market Size
                  11.2.5.1 U.S
                  11.2.5.2 Canada
                  11.2.5.3 Mexico
                  11.2.5.4 Rest of North America
        11.3 Sweet Spread- South America Segment Research
        11.4 South America Market Research (Market Size -$Million / $Billion)
            11.4.1 Segment type Size and Market Size Analysis
            11.4.2 Revenue and Trends
            11.4.3 Application Revenue and Trends by type of Application
            11.4.4 Company Revenue and Product Analysis
            11.4.5 South America Product type and Application Market Size
                  11.4.5.1 Brazil
                  11.4.5.2 Venezuela
                  11.4.5.3 Argentina
                  11.4.5.4 Ecuador
                  11.4.5.5 Peru
                  11.4.5.6 Colombia
                  11.4.5.7 Costa Rica
                  11.4.5.8 Rest of South America
        11.5 Sweet Spread- Europe Segment Research
        11.6 Europe Market Research (Market Size -$Million / $Billion)
            11.6.1 Segment type Size and Market Size Analysis
            11.6.2 Revenue and Trends
            11.6.3 Application Revenue and Trends by type of Application
            11.6.4 Company Revenue and Product Analysis
            11.6.5 Europe Segment Product type and Application Market Size
                  11.6.5.1 U.K
                  11.6.5.2 Germany
                  11.6.5.3 Italy
                  11.6.5.4 France
                  11.6.5.5 Netherlands
                  11.6.5.6 Belgium
                  11.6.5.7 Denmark
                  11.6.5.8 Spain
                  11.6.5.9 Rest of Europe
        11.7 Sweet Spread - APAC Segment Research
        11.8 APAC Market Research (Market Size -$Million / $Billion)
            11.8.1 Segment type Size and Market Size Analysis
            11.8.2 Revenue and Trends
            11.8.3 Application Revenue and Trends by type of Application
            11.8.4 Company Revenue and Product Analysis
            11.8.5 APAC Segment - Product type and Application Market Size
                  11.8.5.1 China
                  11.8.5.2 Australia
                  11.8.5.3 Japan
                  11.8.5.4 South Korea
                  11.8.5.5 India
                  11.8.5.6 Taiwan
                  11.8.5.7 Malaysia
                  11.8.5.8 Hong kong
                  11.8.5.9 Rest of APAC
        11.9 Sweet Spread - Middle East Segment and Africa Segment Research
        11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            11.10.1 Segment type Size and Market Size Analysis
            11.10.2 Revenue and Trend Analysis
            11.10.3 Application Revenue and Trends by type of Application
            11.10.4 Company Revenue and Product Analysis
            11.10.5 Middle East Segment Product type and Application Market Size
                  11.10.5.1 Israel
                  11.10.5.2 Saudi Arabia
                  11.10.5.3 UAE
            11.10.6 Africa Segment Analysis
                  11.10.6.1 South Africa
                  11.10.6.2 Rest of Middle East & Africa
12. Sweet Spread Market - Entropy
        12.1 New product launches
        12.2 M&A s, collaborations, JVs and partnerships
13. Sweet Spread Market - Industry / Segment Competition landscape Premium
        13.1 Market Share Analysis
            13.1.1 Market Share by Country- Top companies
            13.1.2 Market Share by Region- Top 10 companies
            13.1.3 Market Share by type of Application - Top 10 companies
            13.1.4 Market Share by type of Product / Product category- Top 10 companies
            13.1.5 Market Share at global level - Top 10 companies
            13.1.6 Best Practises for companies
14. Sweet Spread Market - Key Company List by Country Premium
15. Sweet Spread Market Company Analysis
        15.1 Market Share, Company Revenue, Products, M&A, Developments
        15.2 Company 2
        15.3 Company 3 & More
*Financials would be provided on a best efforts basis for private companies
16. Sweet Spread Market - Appendix
        16.1 Abbreviations
        16.2 Sources
17. Sweet Spread Market - Methodology
        17.1 Research Methodology
            17.1.1 Company Expert Interviews
            17.1.2 Industry Databases
            17.1.3 Associations
            17.1.4 Company News
            17.1.5 Company Annual Reports
            17.1.6 Application Trends
            17.1.7 New Products and Product database
            17.1.8 Company Transcripts
            17.1.9 R&D Trends
            17.1.10 Key Opinion Leaders Interviews
            17.1.11 Supply and Demand Trends

LIST OF TABLES

1.Global MARKET SEGMENTATION Market 2019-2024 ($M)
1.1 By Type Market 2019-2024 ($M) - Global Industry Research
1.1.1 Chocolate Spreads Market 2019-2024 ($M)
1.1.2 Honey Market 2019-2024 ($M)
1.1.3 Jam Market 2019-2024 ($M)
1.1.4 Nut Butter/Spread Market 2019-2024 ($M)
1.2 By Distribution Channel Market 2019-2024 ($M) - Global Industry Research
1.2.1 Specialist Retail Store Market 2019-2024 ($M)
1.2.2 Hypermarket/Supermarket Market 2019-2024 ($M)
1.2.3 Online Channel Market 2019-2024 ($M)
2.Global COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
2.1 Most Active Companies Market 2019-2024 ($M) - Global Industry Research
3.Global MARKET SEGMENTATION Market 2019-2024 (Volume/Units)
3.1 By Type Market 2019-2024 (Volume/Units) - Global Industry Research
3.1.1 Chocolate Spreads Market 2019-2024 (Volume/Units)
3.1.2 Honey Market 2019-2024 (Volume/Units)
3.1.3 Jam Market 2019-2024 (Volume/Units)
3.1.4 Nut Butter/Spread Market 2019-2024 (Volume/Units)
3.2 By Distribution Channel Market 2019-2024 (Volume/Units) - Global Industry Research
3.2.1 Specialist Retail Store Market 2019-2024 (Volume/Units)
3.2.2 Hypermarket/Supermarket Market 2019-2024 (Volume/Units)
3.2.3 Online Channel Market 2019-2024 (Volume/Units)
4.Global COMPETITIVE LANDSCAPE Market 2019-2024 (Volume/Units)
4.1 Most Active Companies Market 2019-2024 (Volume/Units) - Global Industry Research
5.North America MARKET SEGMENTATION Market 2019-2024 ($M)
5.1 By Type Market 2019-2024 ($M) - Regional Industry Research
5.1.1 Chocolate Spreads Market 2019-2024 ($M)
5.1.2 Honey Market 2019-2024 ($M)
5.1.3 Jam Market 2019-2024 ($M)
5.1.4 Nut Butter/Spread Market 2019-2024 ($M)
5.2 By Distribution Channel Market 2019-2024 ($M) - Regional Industry Research
5.2.1 Specialist Retail Store Market 2019-2024 ($M)
5.2.2 Hypermarket/Supermarket Market 2019-2024 ($M)
5.2.3 Online Channel Market 2019-2024 ($M)
6.North America COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
6.1 Most Active Companies Market 2019-2024 ($M) - Regional Industry Research
7.South America MARKET SEGMENTATION Market 2019-2024 ($M)
7.1 By Type Market 2019-2024 ($M) - Regional Industry Research
7.1.1 Chocolate Spreads Market 2019-2024 ($M)
7.1.2 Honey Market 2019-2024 ($M)
7.1.3 Jam Market 2019-2024 ($M)
7.1.4 Nut Butter/Spread Market 2019-2024 ($M)
7.2 By Distribution Channel Market 2019-2024 ($M) - Regional Industry Research
7.2.1 Specialist Retail Store Market 2019-2024 ($M)
7.2.2 Hypermarket/Supermarket Market 2019-2024 ($M)
7.2.3 Online Channel Market 2019-2024 ($M)
8.South America COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
8.1 Most Active Companies Market 2019-2024 ($M) - Regional Industry Research
9.Europe MARKET SEGMENTATION Market 2019-2024 ($M)
9.1 By Type Market 2019-2024 ($M) - Regional Industry Research
9.1.1 Chocolate Spreads Market 2019-2024 ($M)
9.1.2 Honey Market 2019-2024 ($M)
9.1.3 Jam Market 2019-2024 ($M)
9.1.4 Nut Butter/Spread Market 2019-2024 ($M)
9.2 By Distribution Channel Market 2019-2024 ($M) - Regional Industry Research
9.2.1 Specialist Retail Store Market 2019-2024 ($M)
9.2.2 Hypermarket/Supermarket Market 2019-2024 ($M)
9.2.3 Online Channel Market 2019-2024 ($M)
10.Europe COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
10.1 Most Active Companies Market 2019-2024 ($M) - Regional Industry Research
11.APAC MARKET SEGMENTATION Market 2019-2024 ($M)
11.1 By Type Market 2019-2024 ($M) - Regional Industry Research
11.1.1 Chocolate Spreads Market 2019-2024 ($M)
11.1.2 Honey Market 2019-2024 ($M)
11.1.3 Jam Market 2019-2024 ($M)
11.1.4 Nut Butter/Spread Market 2019-2024 ($M)
11.2 By Distribution Channel Market 2019-2024 ($M) - Regional Industry Research
11.2.1 Specialist Retail Store Market 2019-2024 ($M)
11.2.2 Hypermarket/Supermarket Market 2019-2024 ($M)
11.2.3 Online Channel Market 2019-2024 ($M)
12.APAC COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
12.1 Most Active Companies Market 2019-2024 ($M) - Regional Industry Research
13.MENA MARKET SEGMENTATION Market 2019-2024 ($M)
13.1 By Type Market 2019-2024 ($M) - Regional Industry Research
13.1.1 Chocolate Spreads Market 2019-2024 ($M)
13.1.2 Honey Market 2019-2024 ($M)
13.1.3 Jam Market 2019-2024 ($M)
13.1.4 Nut Butter/Spread Market 2019-2024 ($M)
13.2 By Distribution Channel Market 2019-2024 ($M) - Regional Industry Research
13.2.1 Specialist Retail Store Market 2019-2024 ($M)
13.2.2 Hypermarket/Supermarket Market 2019-2024 ($M)
13.2.3 Online Channel Market 2019-2024 ($M)
14.MENA COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
14.1 Most Active Companies Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Sweet Spread Market Revenue, 2019-2024 ($M)
2.Canada Sweet Spread Market Revenue, 2019-2024 ($M)
3.Mexico Sweet Spread Market Revenue, 2019-2024 ($M)
4.Brazil Sweet Spread Market Revenue, 2019-2024 ($M)
5.Argentina Sweet Spread Market Revenue, 2019-2024 ($M)
6.Peru Sweet Spread Market Revenue, 2019-2024 ($M)
7.Colombia Sweet Spread Market Revenue, 2019-2024 ($M)
8.Chile Sweet Spread Market Revenue, 2019-2024 ($M)
9.Rest of South America Sweet Spread Market Revenue, 2019-2024 ($M)
10.UK Sweet Spread Market Revenue, 2019-2024 ($M)
11.Germany Sweet Spread Market Revenue, 2019-2024 ($M)
12.France Sweet Spread Market Revenue, 2019-2024 ($M)
13.Italy Sweet Spread Market Revenue, 2019-2024 ($M)
14.Spain Sweet Spread Market Revenue, 2019-2024 ($M)
15.Rest of Europe Sweet Spread Market Revenue, 2019-2024 ($M)
16.China Sweet Spread Market Revenue, 2019-2024 ($M)
17.India Sweet Spread Market Revenue, 2019-2024 ($M)
18.Japan Sweet Spread Market Revenue, 2019-2024 ($M)
19.South Korea Sweet Spread Market Revenue, 2019-2024 ($M)
20.South Africa Sweet Spread Market Revenue, 2019-2024 ($M)
21.North America Sweet Spread By Application
22.South America Sweet Spread By Application
23.Europe Sweet Spread By Application
24.APAC Sweet Spread By Application
25.MENA Sweet Spread By Application