The global fruit spreads market to grow at a CAGR of 3.08% during the period 2016-2020.
The report, Global Fruit Spreads Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One of latest trends in the market is increase in private labels. The number of private-label brands for fruit spreads has been increasing worldwide with an increase in organized retailing. A large percentage of the growth of private-label brands is because of the consolidation and expansion of the retail food industry. Many retailers are also entering this market by increasing their investments in perishable food products, attracted by the growing popularity of fruit spreads for at-home consumption. For instance, private labels represented about 33% of the UK's fruit spread sales in 2014. In the US, Kroger has developed private-label products under its Value, Kroger, and private selection product lines.
According to the report, one of the primary drivers in the market is demand for gourmet fruit spreads. Consumers perceive gourmet fruit spreads as self-indulgent luxuries and they are thus used for gifting. Many individuals are introduced to gourmet fruit spreads through personal gifts from friends and relatives, business gifts, or host gifts. Consumers are also purchasing these products for themselves, which increases the demand for fruit spreads. Consumers like to indulge in new products due to increased disposable income. They are willing to pay a higher price for such products as these products are perceived to have exceptional characteristics and be healthy.
- Cascadian Farm
- Crofters Food
- The J.M. Smucker Company
- Really Good
- Santa Cruz
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by distribution channel
Part 07: Geographical segmentation
Part 08: Key leading countries
Part 09: Market drivers
Part 10: Impact of drivers
Part 11: Market challenges
Part 12: Impact of drivers and challenges
Part 13: Market trends
Part 14: Vendor landscape
Part 15: Key vendor analysis
Part 16: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/ngtjsr/global_fruit