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Butter and Spreads in Azerbaijan

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    Report

  • 17 Pages
  • September 2023
  • Region: Azerbaijan
  • Euromonitor International
  • ID: 3511334
Butter and spreads are seeing retail prices fall in 2023, following a period of dynamic price increases in 2022. Current value sales have been pushed into decline as the inflation rate slowed in Azerbaijan and logistical supply chains were adjusted to support an increase in retail volume sales. Butter, in particular is reliant on imports of raw materials, with only about 50% of local butter produced from local ingredients and this makes butter even more vulnerable to inflationary changes.

The Butter and Spreads in Azerbaijan 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 2018-2022, 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 in 2023 directly informs the forecasts to 2027, clearly indicating how the market is expected to change.

Product coverage: Butter, Cooking Fats, Margarine and 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 Butter and 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
The analyst has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, The analyst has a unique capability to develop reliable information resources to help drive informed strategic planning.

Table of Contents

KEY DATA FINDINGS
2023 DEVELOPMENTS
  • Falling retail prices stimulate volume growth
  • Margarine and spreads gain popularity as consumers economize
  • Iranian products achieve foothold in Azerbaijan
PROSPECTS AND OPPORTUNITIES
  • Healthy volume growth for butter and spreads
  • Health and wellness trends offer challenges and benefits
  • Local production faces good growth prospects
CATEGORY DATA
  • Table 1 Sales of Butter and Spreads by Category: Volume 2018-2023
  • Table 2 Sales of Butter and Spreads by Category: Value 2018-2023
  • Table 3 Sales of Butter and Spreads by Category: % Volume Growth 2018-2023
  • Table 4 Sales of Butter and Spreads by Category: % Value Growth 2018-2023
  • Table 5 NBO Company Shares of Butter and Spreads: % Value 2019-2023
  • Table 6 LBN Brand Shares of Butter and Spreads: % Value 2020-2023
  • Table 7 Distribution of Butter and Spreads by Format: % Value 2018-2023
  • Table 8 Forecast Sales of Butter and Spreads by Category: Volume 2023-2028
  • Table 9 Forecast Sales of Butter and Spreads by Category: Value 2023-2028
  • Table 10 Forecast Sales of Butter and Spreads by Category: % Volume Growth 2023-2028
  • Table 11 Forecast Sales of Butter and Spreads by Category: % Value Growth 2023-2028
DAIRY PRODUCTS AND ALTERNATIVES IN AZERBAIJAN
EXECUTIVE SUMMARY
  • Dairy products and alternatives in 2023: The big picture
  • Key trends in 2023
  • Competitive Landscape
  • Channel developments
  • What next for dairy products and alternatives?
MARKET DATA
  • Table 12 Sales of Dairy Products and Alternatives by Category: Value 2018-2023
  • Table 13 Sales of Dairy Products and Alternatives by Category: % Value Growth 2018-2023
  • Table 14 NBO Company Shares of Dairy Products and Alternatives: % Value 2019-2023
  • Table 15 LBN Brand Shares of Dairy Products and Alternatives: % Value 2020-2023
  • Table 16 Distribution of Dairy Products and Alternatives by Format: % Value 2018-2023
  • Table 17 Forecast Sales of Dairy Products and Alternatives by Category: Value 2023-2028
  • Table 18 Forecast Sales of Dairy Products and Alternatives by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
  • Summary 1 Research Sources