Sweet Spread Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019

Sweet Spread Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019

  • Submitted By: amyjames
  • Date Submitted: 10/28/2015 10:30 PM
  • Category: Business
  • Words: 813
  • Page: 4

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Sweets are a part and parcel of everybody’s life, and are universally regarded for giving a gratifying experience. Consumption of
sweet-spread is historically rooted in the European and American culture. Sweet spreads consist of jams and jellies, honey, nutbased spreads, syrup based spreads, and chocolate spreads. The product is mostly consumed at the breakfast table or with
afternoon tea, and is combined with whole-grain food products like bread, toast or bagels. This industry is highly competitive in
nature where private labels provide stiff competition to the established brands in terms of product innovation as well as price.
The sweet-spread market has witnessed steady growth, and has attracted a large number of players in the market. With product
innovations on the rise, it is expected to grow further at a brisk rate. Europe has the largest market of sweet-spread, with
Germany, Italy, and the UK being the top consumers. The USA is also a huge consumer of sweet-spread and has rapidly
enhanced its consumption. Although it is not a feature of regular Asian breakfast, the sheer population in the Asian region
makes it in one the largest global consumer.
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Product innovation is one of the key drivers of this market. Changing tastes and preferences of consumers has forced...

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