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Sweet Spread Market According to a new report published by Allied Market Research, titled, “Sweet spread Market by Product Type, End-Use, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021–2030,” The global sweet spread market was valued at $1,205.0 million in 2020, and is projected to reach $1,647.1 million by 2030, registering a CAGR of 3.2%. Europe was the highest revenue contributor, accounting for $507.3 million in 2020, with a CAGR of 2.7%. The market growth is propelled by the inclination towards healthy food products that offer healthfulness. Sweet spreads offer a portable, convenient, and inventive way to eat more fruit, generally with premium, indulgent and exotic products. The rise in health consciousness among consumers has increased exponentially. There is an ongoing shift in the dietary habits among consumers, wherein they are increasing opting for heathier plant-based alternatives. Hence, the food industry players are responding by developing a wide range of healthy alternatives, such as seed-based and nut-based sweet spreads prepared using plant-based ingredients.
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Sweet Spread Market Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/14500 Frontrunners in the industry
ConAgra Foods Inc
Duerr& Sons
Pioneer Foods
Unilever Group
Ferrero Group
Mondelez International
Dabur India Limited
Hormel Foods, Andros
HERSHEY’S
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Sweet Spread Market Market Segment According to the sweet spread market analysis, the market comprises of product type, packaging, distribution channel, and region. Depending on product type, the market is categorized into chocolate spread, jam jelly & preserves, nut butter and others. By packaging, it is bifurcated into glass and plastic. According to distribution channel, it is classified into supermarket & hypermarket, grocery & convenience store, online retail and others. By product type, the jams, jelly & preserves sweet spread category was the dominant segment in 2020 with 47.1% share in the sweet spread market. This is attributed to the fact that has a wide product offering as compared to other sweet spreads and is hence largely consumed. On the basis of packaging, the glass category was the dominant segment in 2020 with 64.6% share in the sweet spread market. This is due to consumers perception towards glass as a premium, non-toxic and reusable material. As per distribution channel, the supermarket & hypermarket segment accounted for the maximum sweet spread market share in 2020. This is attributed to the fact that supermarkets & hypermarkets provide high visibility and attractive assortment of spread products to consumers.
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Sweet Spread Market
Region wise, Europe was the prominent region in 2020 due to tremendous popularity and substantial consumption of sweet spreads in the region. In addition, this region is one of the largest producers and consumers of sweet spread and its products. Consumption of spreads in countries like Germany, France and U.K. is very high as compared to other countries of the world. Purchase this Report (Price 6,169 USD for single user license): https://www.alliedmarketresearch.com/checkout-final/d1c1b519f5ab4809a34ffba4cf6ab516 Key findings of the study
By product type, the Jam Jelly & Preserves segment held the highest share, accounting for 47.1% of the global sweet spread market.
Based on Packaging, the glass segment held the major share of 64.6% of the sweet spread market.
In 2020, Europe held the major share in the market, and is expected to remain dominant throughout the forecast period.
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Sweet Spread Market
Covid-19 scenario
The outbreak of Covid-19 led to the enforcement of lockdown in almost all the countries across the world. It caused significant hardship to several industrial verticals along with the Sweet Spread Market. There were huge disruptions in the supply chain as well.
Nevertheless, the government bodies are now coming up with relaxations on the existing regulations to help different sectors get back on their feet yet again.
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Sweet Spread Market About Allied Market Research: Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting services to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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Sweet Spread Market Contact Us: David Correa 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States USA/Canada (Toll Free): 1-800-792-5285, 1-503-894-6022, 1-503-446-1141 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1(855)550-5975 help@alliedmarketresearch.com Web: https://www.alliedmarketresearch.com Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research
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