(MENAFN- IMARC Group) According to the latest report by IMARC Group, titled “Sweet Spreads Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global sweet spreads market to grow at a CAGR of around 4% during 2021-2026. Sweet spreads include marmalades, honey, jams, peanut butter and chocolate spreads that are consumed with bread, bagels, toasts and doughnuts. Sweet spreads are popular among the masses as they enhance the flavor and texture of the food. Apart from this, they are also used in the preparation of ice creams, dips, cakes and smoothies. They are widely available through online and offline organized retail channels across the globe, thereby gaining widespread prominence among the masses.     

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Global Sweet Spreads Market Trends:

The global market is primarily driven by significant growth in the food and beverages industry. Along with this, the shifting lifestyle and dietary preferences of individuals are creating a positive outlook for the market. Furthermore, the increasing investments by major players to develop innovative marketing strategies and robust promotional campaigns are also providing a boost to the sales of sweet spreads across the globe. Some of the other factors contributing to the market growth include rapid urbanization and inflating disposable income levels of the masses.

Key Market Segmentation:                      

Competitive Landscape:                                      

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:            


The J.M. Smucker Company
The Kraft Heinz Company
Unilever
Conagra Brands
Ferrero Group
Mondelez International
Dabur India Limited
Hershey
Hormel Foods
Andros


Breakup by Product Type:


Jams and Preserves
Honey
Chocolate Spreads
Nuts and Seed-Based Spreads
Others


Breakup by Packaging Type:


Glass Packaging
Plastic Packaging
Others


Breakup by Distribution Channel:


Hypermarkets and Supermarkets
Specialist Retail Stores
Convenience Stores
Online Stores
Others


Breakup by Region:


North America (United States, Canada)
Asia Pacific (Germany, France, United Kingdom, Italy, Spain, Others)
Europe (China, Japan, India, Australia, Indonesia, Korea, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)


Key highlights of the Report:


Market Performance (2015-2020)
Market Outlook (2021-2026)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape