Market Overview
The UK food spread market is projected to reach USD 814.37 million by 2023, at a CAGR of 3.01% during the forecast period.
Scope of the Report
The United Kingdom Food Spreads Market is segmented by Type into Nut-and-seed based spread, Fruit-based spread, Honey, Chocolate-based spread and Others. By Distribution Channel the United Kingdom Market is segmented into Supermarkets/Hypermarkets, Convenience Stores, Online Retailers and Others.
Key Market Trends
Fruit-Based Spread Holds The Largest Market Share
To augment consumers’ interest, new sweet spread products are being launched in the British market with an emphasis on premium qualities and eco-awareness attributes, such as "vegetarian" and "environment-friendly packaging."
In terms of health and wellness, the sweet spreads are not so healthy products and therefore the Europeans are shifting to Fruit Spreads. They may not be so healthy but are definitely better than chocolate spread or any other spread. Also, the Europeans are more into using fruit spreads during their baking operations rather than breakfast.
E-Commerce Sales Driving Spreads Market In UK
The spread's are a basic component during breakfast and evening snacks among the British. Due to their hectic lifestyles, they prefer ordering online than by going to the market. Also, many other small players can't be found on supermarket shelves and so these players are usually found on these online platforms. They sell at low rates than the one's in supermarkets. This helps save time and money of the British people. This accounts for the booming E-Commerce Sales of the Food Spreads Market.
Competitive Landscape
United Kingdom Food Spreads Market is a Fragmented Market, with the presence of both prominent as well as regional players. Some of the major players are Unilever, Ferrero, Upfield, Bon Maman,etc which are active players in the United Kingdom Market.
UK is more mature when it comes to clean label products and is,therefore, advanced in this area than its counter countries Russia and Poland.
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The UK food spread market is projected to reach USD 814.37 million by 2023, at a CAGR of 3.01% during the forecast period.
- It is important for manufacturers and marketers of sweet and savoury spreads to research what products appeal to consumers in a region, as there can be great variation in consumer taste and preference across Europe.
- Jam and jelly spreads dominate the United Kingdom's market as a easy snack. Chocolate spreads sales are also growing due to increasing number of private label brands. As the competetion among the retailers intensifies, the private label brands will be a new battleground.
Scope of the Report
The United Kingdom Food Spreads Market is segmented by Type into Nut-and-seed based spread, Fruit-based spread, Honey, Chocolate-based spread and Others. By Distribution Channel the United Kingdom Market is segmented into Supermarkets/Hypermarkets, Convenience Stores, Online Retailers and Others.
Key Market Trends
Fruit-Based Spread Holds The Largest Market Share
To augment consumers’ interest, new sweet spread products are being launched in the British market with an emphasis on premium qualities and eco-awareness attributes, such as "vegetarian" and "environment-friendly packaging."
In terms of health and wellness, the sweet spreads are not so healthy products and therefore the Europeans are shifting to Fruit Spreads. They may not be so healthy but are definitely better than chocolate spread or any other spread. Also, the Europeans are more into using fruit spreads during their baking operations rather than breakfast.
E-Commerce Sales Driving Spreads Market In UK
The spread's are a basic component during breakfast and evening snacks among the British. Due to their hectic lifestyles, they prefer ordering online than by going to the market. Also, many other small players can't be found on supermarket shelves and so these players are usually found on these online platforms. They sell at low rates than the one's in supermarkets. This helps save time and money of the British people. This accounts for the booming E-Commerce Sales of the Food Spreads Market.
Competitive Landscape
United Kingdom Food Spreads Market is a Fragmented Market, with the presence of both prominent as well as regional players. Some of the major players are Unilever, Ferrero, Upfield, Bon Maman,etc which are active players in the United Kingdom Market.
UK is more mature when it comes to clean label products and is,therefore, advanced in this area than its counter countries Russia and Poland.
This product will be delivered within 2 business days.
Table of Contents
1 INTRODUCTION
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
5 MARKET SEGMENTATION
6 COMPETITIVE LANDSCAPE
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Unilever
- Ferrero
- Upfield
- Histon Sweet Spreads Limited
- Stute Foods
- Bonne Maman
- British Corner Shop
Methodology
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