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United Kingdom Food Spreads Market - Growth, Trends and Forecast (2019 - 2024)

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  • 80 Pages
  • April 2019
  • Region: United Kingdom
  • Mordor Intelligence
  • ID: 4827970
UP TO OFF until Jun 30th 2023
Market Overview

The UK food spread market is projected to reach USD 814.37 million by 2023, at a CAGR of 3.01% during the forecast period.
  • It is important for manufacturers and marketers of sweet and savoury spreads to research what products appeal to consumers in a region, as there can be great variation in consumer taste and preference across Europe.
  • Jam and jelly spreads dominate the United Kingdom's market as a easy snack. Chocolate spreads sales are also growing due to increasing number of private label brands. As the competetion among the retailers intensifies, the private label brands will be a new battleground.

Scope of the Report

The United Kingdom Food Spreads Market is segmented by Type into Nut-and-seed based spread, Fruit-based spread, Honey, Chocolate-based spread and Others. By Distribution Channel the United Kingdom Market is segmented into Supermarkets/Hypermarkets, Convenience Stores, Online Retailers and Others.

Key Market Trends

Fruit-Based Spread Holds The Largest Market Share

To augment consumers’ interest, new sweet spread products are being launched in the British market with an emphasis on premium qualities and eco-awareness attributes, such as "vegetarian" and "environment-friendly packaging."

In terms of health and wellness, the sweet spreads are not so healthy products and therefore the Europeans are shifting to Fruit Spreads. They may not be so healthy but are definitely better than chocolate spread or any other spread. Also, the Europeans are more into using fruit spreads during their baking operations rather than breakfast.

E-Commerce Sales Driving Spreads Market In UK

The spread's are a basic component during breakfast and evening snacks among the British. Due to their hectic lifestyles, they prefer ordering online than by going to the market. Also, many other small players can't be found on supermarket shelves and so these players are usually found on these online platforms. They sell at low rates than the one's in supermarkets. This helps save time and money of the British people. This accounts for the booming E-Commerce Sales of the Food Spreads Market.

Competitive Landscape

United Kingdom Food Spreads Market is a Fragmented Market, with the presence of both prominent as well as regional players. Some of the major players are Unilever, Ferrero, Upfield, Bon Maman,etc which are active players in the United Kingdom Market.

UK is more mature when it comes to clean label products and is,therefore, advanced in this area than its counter countries Russia and Poland.

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Table of Contents

1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
3.1 Market Overview
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5.1 By Product Type
5.1.1 Nut- and Seed-based Spread
5.1.2 Fruit-based Spread
5.1.3 Honey
5.1.4 Chocolate-based Spread
5.1.5 Others
5.2 By Distribution Channel
5.2.1 Supermarket/Hypermarket
5.2.2 Convenience Stores
5.2.3 Online Retailers
5.2.4 Others
6.1 Most Active Companies
6.2 Most Adopted Strategies
6.3 Market Share Analysis
6.4 Company Profiles
6.4.1 Unilever
6.4.2 Ferrero
6.4.3 Upfield
6.4.4 Histon Sweet Spreads Limited
6.4.5 Stute Foods
6.4.6 Bonne Maman
6.4.7 British Corner Shop

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Unilever
  • Ferrero
  • Upfield
  • Histon Sweet Spreads Limited
  • Stute Foods
  • Bonne Maman
  • British Corner Shop