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Sweet Spreads in Malaysia

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    Report

  • 21 Pages
  • November 2024
  • Region: Malaysia
  • Euromonitor International
  • ID: 594130
Retail value sales of sweet spreads are expected to decline in Malaysia in 2024. The unit selling price has continued to grow for all sweet spreads, albeit more slowly than in the previous year, due to price hikes for raw materials (including raw honey, fresh fruits, and cocoa), packaging and transportation. This has served to dampen willingness to spend on sweet spreads amongst budget conscious consumers.

The Sweet Spreads in Malaysia report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2019-2023, it identifies the leading companies, brands and retail outlets, and assesses the key trends and demographic shifts behind consumer demand and sales growth. How key trends such as health and wellness, sustainability and recovery from the pandemic are shaping the market directly informs our forecasts to 2028, clearly indicating how the market is expected to change.

Product coverage: Chocolate Spreads, Honey, Jams and Preserves, Nut and Seed Based Spreads.

Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the Sweet Spreads market
  • Pinpoint growth sectors and identify factors driving change
  • Understand the competitive environment, the market’s major players and leading brands
  • Use five-year forecasts to assess how the market is predicted to develop.

Table of Contents

KEY DATA FINDINGS
2024 DEVELOPMENTS
  • Retail volume growth decelerates as consumers spend less on sweet spreads in 2024
  • Consumers switch to affordable options and spend cautiously in 2024
  • Private label underperforms in retail channels in 2024
PROSPECTS AND OPPORTUNITIES
  • Consumers are likely to trade down to less expensive brands over the forecast period
  • Shrinkflation is likely to be adopted by players over the forecast period
  • Nut and seed based spreads is anticipated to see retail value decline over the forecast period
CATEGORY DATA
  • Table 1 Sales of Sweet Spreads by Category: Volume 2019-2024
  • Table 2 Sales of Sweet Spreads by Category: Value 2019-2024
  • Table 3 Sales of Sweet Spreads by Category: % Volume Growth 2019-2024
  • Table 4 Sales of Sweet Spreads by Category: % Value Growth 2019-2024
  • Table 5 Sales of Jams and Preserves by Leading Flavours: Rankings 2019-2024
  • Table 6 NBO Company Shares of Sweet Spreads: % Value 2020-2024
  • Table 7 LBN Brand Shares of Sweet Spreads: % Value 2021-2024
  • Table 8 Distribution of Sweet Spreads by Format: % Value 2019-2024
  • Table 9 Forecast Sales of Sweet Spreads by Category: Volume 2024-2029
  • Table 10 Forecast Sales of Sweet Spreads by Category: Value 2024-2029
  • Table 11 Forecast Sales of Sweet Spreads by Category: % Volume Growth 2024-2029
  • Table 12 Forecast Sales of Sweet Spreads by Category: % Value Growth 2024-2029
COOKING INGREDIENTS AND MEALS IN MALAYSIA
EXECUTIVE SUMMARY
  • Cooking ingredients and meals in 2024: The big picture
  • Key trends in 2024
  • Competitive landscape
  • Channel developments
  • What next for cooking ingredients and meals?
MARKET DATA
  • Table 13 Sales of Cooking Ingredients and Meals by Category: Volume 2019-2024
  • Table 14 Sales of Cooking Ingredients and Meals by Category: Value 2019-2024
  • Table 15 Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2019-2024
  • Table 16 Sales of Cooking Ingredients and Meals by Category: % Value Growth 2019-2024
  • Table 17 NBO Company Shares of Cooking Ingredients and Meals: % Value 2020-2024
  • Table 18 LBN Brand Shares of Cooking Ingredients and Meals: % Value 2021-2024
  • Table 19 Penetration of Private Label by Category: % Value 2019-2024
  • Table 20 Distribution of Cooking Ingredients and Meals by Format: % Value 2019-2024
  • Table 21 Forecast Sales of Cooking Ingredients and Meals by Category: Volume 2024-2029
  • Table 22 Forecast Sales of Cooking Ingredients and Meals by Category: Value 2024-2029
  • Table 23 Forecast Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2024-2029
  • Table 24 Forecast Sales of Cooking Ingredients and Meals by Category: % Value Growth 2024-2029
DISCLAIMER
SOURCES
  • Summary 1 Research Sources