The dips and spreads market size has grown strongly in recent years. It will grow from $103.86 billion in 2024 to $109.94 billion in 2025 at a compound annual growth rate (CAGR) of 5.9%. The growth in the historic period can be attributed to culinary diversity, convenience and snacking culture, ethnic food integration, social gathering trends, ingredient quality awareness.
The dips and spreads market size is expected to see strong growth in the next few years. It will grow to $142.19 billion in 2029 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to functional ingredients, tech-driven distribution, clean label movement, convenience preferences. Major trends in the forecast period include zero-waste initiatives, plant-based spreads, customization and DIY kits, interactive consumer experiences, global fusion blends.
The expanding food and beverage industry is expected to drive the growth of the dips and spreads market in the future. This sector encompasses various businesses involved in the manufacturing, processing, packaging, transportation, and service of food and beverages. As consumer preferences and tastes evolve, there is a growing demand for convenient, ready-to-eat items that enhance the flavor of meals and snacks. For example, a report from the agriculture and agri-food department of a Canada-based government agency indicated that in 2022, exports of processed food and beverage products reached a record high of $54.3 billion, reflecting a 14.1% increase from the previous year and constituting 34.7% of the total production value. Therefore, the growth of the food and beverage industry is poised to significantly boost the dips and spreads market.
The rapid expansion of the chocolate industry is expected to boost the growth of the dips and spreads market in the future. The chocolate industry encompasses the production, processing, distribution, and sale of chocolate and related products. Dips and spreads enhance taste and texture while providing visually appealing contrasts in confectionery items. For example, a report from the National Confectioners Association in March 2024 indicated that confectionery sales reached $48 billion in 2023, largely driven by inflation. Over 98% of American consumers purchased chocolate, candy, gum, and mints that year, with sales during Valentine’s Day, Easter, Halloween, and the winter holidays accounting for 64% of total confectionery sales. The report projects that U.S. confectionery sales will grow to $61 billion by 2028. Therefore, the rapid growth of the chocolate industry is significantly driving the dips and spreads market.
Product innovations are emerging as a prominent trend in the dips and spread market, with companies actively introducing new offerings to maintain their market positions. For instance, in May 2023, The Kraft Heinz manufacturer, a US-based food company, unveiled HEINZ REMIX, a groundbreaking customizable and IoT-enabled digital sauce dispenser device. This innovation allows customers to personalize their taste combinations, offering over 200 condiment pairings tailored for food-service clients. The product, featuring a free-standing design and touchscreen operation, empowers customers to select from various bases and customize their choices with enhancers at their preferred intensity level.
Major companies in the dips and spread market are dedicated to creating novel solutions to reinforce their market presence. In August 2022, Nature Nate’s Honey Co., a US-based natural honey producer, introduced Whipped Honey in Original, Cinnamon, and Maple flavors. The Original Whipped Honey enhances charcuterie and cheese boards or serves as a topping for toast. Cinnamon Whipped Honey complements fruits and sweetens coffee, while Maple Whipped Honey offers a convenient natural substitute for maple syrup on pancakes and waffles.
In February 2024, The Compleat Food Group, a UK-based leading supplier of chilled foods to supermarket chains, acquired Zorba Foods for an undisclosed amount. This acquisition aims to enhance Compleat's portfolio in the private-label chilled party foods, dips, and deli fillings sectors. It is part of Compleat's strategy to strengthen its market position and drive innovation within these categories. Zorba Foods, based in South Wales, specializes in manufacturing a variety of dips, deli fillers, and soups, including traditional Greek houmous and an array of dips inspired by Greek, Tex-Mex, and Asian cuisines.
Major companies operating in the dips and spreads market include Nestlé SA, PepsiCo Inc.(Frito-Lay), Tyson Foods Inc., Mars Inc., Mondelez International, Kraft Heinz Company, General Mills, Kellogg Company, Hormel Foods Corp., Conagra Brands Inc., Kerry Group, Campbell Soup Company, McCormick and Company Inc., Britannia Industries Limited, Sandridge Food Corporation, AVT Gavia Foods Pvt. Ltd., Frontera Foods Inc., Arizona Spice Company LLC, Desert Pepper Trading Company, Cornitos, Greendot Health Foods Pvt. Ltd., Wingreens Farms Pvt. Ltd., Veeba Food Services Private Limited, Sabra Dipping Company LLC, Salsalito.
North America was the largest region in the dips and spreads market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the dips and spreads market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the dips and spreads market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Dips and spreads, condiments crafted by blending diverse ingredients, serve to enhance the taste and texture of a variety of cuisines. These versatile condiments are employed to add flavor to an array of finger foods, including crackers, fresh vegetables, breads, shellfish, dumplings, and more.
The primary varieties of dips and spreads encompass chipotle, tomato, corn, black bean, jalapeno, and mayonnaise, among others. Chipotle, a smoked and dried chili pepper, finds widespread use in Mexican and Mexican-inspired recipes. These condiments cater to both household and food-service industrial applications, available for purchase through various distribution channels, both online and offline.
The dips and spreads market research report is one of a series of new reports that provides dips and spreads market statistics, including dips and spreads industry global market size, regional shares, competitors with dips and spreads market share, detailed dips and spreads market segments, market trends and opportunities, and any further data you may need to thrive in the dips and spreads industry. This dips and spreads market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The dips and spreads market consists of sales of peanut butter, hummus, mayonnaise, pesto, cheese spreads, and fruit spreads. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The dips and spreads market size is expected to see strong growth in the next few years. It will grow to $142.19 billion in 2029 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to functional ingredients, tech-driven distribution, clean label movement, convenience preferences. Major trends in the forecast period include zero-waste initiatives, plant-based spreads, customization and DIY kits, interactive consumer experiences, global fusion blends.
The expanding food and beverage industry is expected to drive the growth of the dips and spreads market in the future. This sector encompasses various businesses involved in the manufacturing, processing, packaging, transportation, and service of food and beverages. As consumer preferences and tastes evolve, there is a growing demand for convenient, ready-to-eat items that enhance the flavor of meals and snacks. For example, a report from the agriculture and agri-food department of a Canada-based government agency indicated that in 2022, exports of processed food and beverage products reached a record high of $54.3 billion, reflecting a 14.1% increase from the previous year and constituting 34.7% of the total production value. Therefore, the growth of the food and beverage industry is poised to significantly boost the dips and spreads market.
The rapid expansion of the chocolate industry is expected to boost the growth of the dips and spreads market in the future. The chocolate industry encompasses the production, processing, distribution, and sale of chocolate and related products. Dips and spreads enhance taste and texture while providing visually appealing contrasts in confectionery items. For example, a report from the National Confectioners Association in March 2024 indicated that confectionery sales reached $48 billion in 2023, largely driven by inflation. Over 98% of American consumers purchased chocolate, candy, gum, and mints that year, with sales during Valentine’s Day, Easter, Halloween, and the winter holidays accounting for 64% of total confectionery sales. The report projects that U.S. confectionery sales will grow to $61 billion by 2028. Therefore, the rapid growth of the chocolate industry is significantly driving the dips and spreads market.
Product innovations are emerging as a prominent trend in the dips and spread market, with companies actively introducing new offerings to maintain their market positions. For instance, in May 2023, The Kraft Heinz manufacturer, a US-based food company, unveiled HEINZ REMIX, a groundbreaking customizable and IoT-enabled digital sauce dispenser device. This innovation allows customers to personalize their taste combinations, offering over 200 condiment pairings tailored for food-service clients. The product, featuring a free-standing design and touchscreen operation, empowers customers to select from various bases and customize their choices with enhancers at their preferred intensity level.
Major companies in the dips and spread market are dedicated to creating novel solutions to reinforce their market presence. In August 2022, Nature Nate’s Honey Co., a US-based natural honey producer, introduced Whipped Honey in Original, Cinnamon, and Maple flavors. The Original Whipped Honey enhances charcuterie and cheese boards or serves as a topping for toast. Cinnamon Whipped Honey complements fruits and sweetens coffee, while Maple Whipped Honey offers a convenient natural substitute for maple syrup on pancakes and waffles.
In February 2024, The Compleat Food Group, a UK-based leading supplier of chilled foods to supermarket chains, acquired Zorba Foods for an undisclosed amount. This acquisition aims to enhance Compleat's portfolio in the private-label chilled party foods, dips, and deli fillings sectors. It is part of Compleat's strategy to strengthen its market position and drive innovation within these categories. Zorba Foods, based in South Wales, specializes in manufacturing a variety of dips, deli fillers, and soups, including traditional Greek houmous and an array of dips inspired by Greek, Tex-Mex, and Asian cuisines.
Major companies operating in the dips and spreads market include Nestlé SA, PepsiCo Inc.(Frito-Lay), Tyson Foods Inc., Mars Inc., Mondelez International, Kraft Heinz Company, General Mills, Kellogg Company, Hormel Foods Corp., Conagra Brands Inc., Kerry Group, Campbell Soup Company, McCormick and Company Inc., Britannia Industries Limited, Sandridge Food Corporation, AVT Gavia Foods Pvt. Ltd., Frontera Foods Inc., Arizona Spice Company LLC, Desert Pepper Trading Company, Cornitos, Greendot Health Foods Pvt. Ltd., Wingreens Farms Pvt. Ltd., Veeba Food Services Private Limited, Sabra Dipping Company LLC, Salsalito.
North America was the largest region in the dips and spreads market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the dips and spreads market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the dips and spreads market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Dips and spreads, condiments crafted by blending diverse ingredients, serve to enhance the taste and texture of a variety of cuisines. These versatile condiments are employed to add flavor to an array of finger foods, including crackers, fresh vegetables, breads, shellfish, dumplings, and more.
The primary varieties of dips and spreads encompass chipotle, tomato, corn, black bean, jalapeno, and mayonnaise, among others. Chipotle, a smoked and dried chili pepper, finds widespread use in Mexican and Mexican-inspired recipes. These condiments cater to both household and food-service industrial applications, available for purchase through various distribution channels, both online and offline.
The dips and spreads market research report is one of a series of new reports that provides dips and spreads market statistics, including dips and spreads industry global market size, regional shares, competitors with dips and spreads market share, detailed dips and spreads market segments, market trends and opportunities, and any further data you may need to thrive in the dips and spreads industry. This dips and spreads market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The dips and spreads market consists of sales of peanut butter, hummus, mayonnaise, pesto, cheese spreads, and fruit spreads. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Dips and Spreads Market Characteristics3. Dips and Spreads Market Trends and Strategies4. Dips and Spreads Market - Macro Economic Scenario including the impact of Interest Rates, Inflation, Geopolitics and Covid and Recovery on the Market32. Global Dips and Spreads Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Dips and Spreads Market34. Recent Developments in the Dips and Spreads Market
5. Global Dips and Spreads Growth Analysis and Strategic Analysis Framework
6. Dips and Spreads Market Segmentation
7. Dips and Spreads Market Regional and Country Analysis
8. Asia-Pacific Dips and Spreads Market
9. China Dips and Spreads Market
10. India Dips and Spreads Market
11. Japan Dips and Spreads Market
12. Australia Dips and Spreads Market
13. Indonesia Dips and Spreads Market
14. South Korea Dips and Spreads Market
15. Western Europe Dips and Spreads Market
16. UK Dips and Spreads Market
17. Germany Dips and Spreads Market
18. France Dips and Spreads Market
19. Italy Dips and Spreads Market
20. Spain Dips and Spreads Market
21. Eastern Europe Dips and Spreads Market
22. Russia Dips and Spreads Market
23. North America Dips and Spreads Market
24. USA Dips and Spreads Market
25. Canada Dips and Spreads Market
26. South America Dips and Spreads Market
27. Brazil Dips and Spreads Market
28. Middle East Dips and Spreads Market
29. Africa Dips and Spreads Market
30. Dips and Spreads Market Competitive Landscape and Company Profiles
31. Dips and Spreads Market Other Major and Innovative Companies
35. Dips and Spreads Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Dips and Spreads Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on dips and spreads market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for dips and spreads? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The dips and spreads market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Chipotle; Tomato; Corn; Black Bean; Jalapeno; Mayonnaise; Other Types2) By Application: Household; Foodservice Industry
3) By Distribution Channel: Online; Offline
Subsegments:
1) By Chipotle Dips: Chipotle Cream; Chipotle Salsa2) By Tomato Dips: Tomato Salsa; Tomato Basil Spread
3) By Corn Dips: Corn Salsa; Corn and Pepper Spread
4) By Black Bean Dips: Black Bean Salsa; Black Bean Hummus
5) By Jalapeno Dips: Jalapeno Cheese Spread; Jalapeno Salsa
6) By Mayonnaise: Regular Mayonnaise; Flavored Mayonnaise
7) By Other Types: Hummus; Pesto; Spinach and Artichoke Dip
Key Companies Mentioned: Nestlé SA; PepsiCo Inc.(Frito-Lay); Tyson Foods Inc.; Mars Inc.; Mondelez International
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Nestlé SA
- PepsiCo Inc.(Frito-Lay)
- Tyson Foods Inc.
- Mars Inc.
- Mondelez International
- Kraft Heinz Company
- General Mills
- Kellogg Company
- Hormel Foods Corp.
- Conagra Brands Inc.
- Kerry Group
- Campbell Soup Company
- McCormick and Company Inc.
- Britannia Industries Limited
- Sandridge Food Corporation
- AVT Gavia Foods Pvt. Ltd.
- Frontera Foods Inc.
- Arizona Spice Company LLC
- Desert Pepper Trading Company
- Cornitos
- Greendot Health Foods Pvt. Ltd.
- Wingreens Farms Pvt. Ltd.
- Veeba Food Services Private Limited
- Sabra Dipping Company LLC
- Salsalito
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | February 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 109.94 Billion |
Forecasted Market Value ( USD | $ 142.19 Billion |
Compound Annual Growth Rate | 6.6% |
Regions Covered | Global |
No. of Companies Mentioned | 25 |