DUBLIN--(BUSINESS WIRE)--The "Sweet and Savory Spreads Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024" report has been added to ResearchAndMarkets.com's offering.
The report predicts the global sweet and savory spreads market to grow with a CAGR of 4.95% over the forecast period of 2018-2024. The study on sweet and savory spreads market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific and RoW for the period of 2016 to 2024.
Sweet & savory spreads market is growing due to changing lifestyle of middle class people, and breakfast patterns. In addition, increasing demand of processed & packaged food, rising middle class income level and availability of diverse spreads in retail stores are also responsible for driving the growth in the sweet & savory spreads market.
However, some sweets and savory products contains food preservatives, such as sulphur dioxide and sodium benzoate that results in side effects among consumers. Thus, rising concern for healthy food products among consumers hinders the market growth.
Increasing purchasing power among youth in developing countries and increase adoption of organic and honey based spreads to help to grow sweet and savory spreads in near future. Also, growing organized retail stores prominently in developing countries helps in impulse purchasing among customers, which in turn can help to increase the spreads sale.
North America accounted for 39.45% market share in 2017 and is expected to dominate the throughout the forecast period. U.S drives the North America region owing to consumption of spreads in their breakfast. Asia-Pacific market is growing consistently in the recent years and this trend is projected to remain the consistent for the forecast period owing to inclination towards in the consumption of bakery and snack items.
Key Topics Covered
2. Executive Summary
3. Global Sweet And Savory Spreads Market Overview
4. Global Sweet and Savory Spreads Market by Product Types
5. Global Sweet and Savory Spreads Market by Distribution Channel
6. Global Sweet and Savory Spreads Market by Region 2018-2024
7. Companies Covered
- Monteagle Group
- ATLANTIC GRUPA D.D.
- Pioneer Foods
- Uniliver Group
- Dr. Oetker
- Glanbia Consumer Foods
- Kraft Foods
- Ferrero Group
For more information about this report visit https://www.researchandmarkets.com/research/shqf4s/sweet_and_savory?w=4