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United Kingdom Food Spread Market Size, Price, Trends, Forecast: By Type: Fruit Based Spread, Chocolate Based Spread, Nut Based Spread, Honey, Others; By Distribution Channel: Hypermarkets and Supermarkets, Convenience Stores, Speciality Stores, Online Stores, Others; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032
United Kingdom Food Spread Market Outlook
The United Kingdom food spread market size is projected to grow at a CAGR of 4.30% in the forecast period of 2024-2032. The market growth is being driven by increasing demand for convenience foods, diversification in product offerings, and expansion of distribution channels.
Key Trends in the Market
Food spreads are edible food products that can be spread onto other foods such as bread, toast, crackers, and biscuits, and also mixed in with other recipes. These spreads can be made from a variety of ingredients, including fruits and chocolates, or feature a single ingredient like honey. Food spreads are used to add flavour and texture to foods in a quick and easy manner.
- The increasing demand for convenience foods, surged by the busy lifestyles led by working professionals, is driving the United Kingdom food spread market growth. Food spreads are ready-to-eat and can be instantly paired with a variety of foods for quick and convenient foods.
- Rising popularity of healthy food spreads is a key trend in the food spread market in the United Kingdom, supported by increasing product development of plant-based and healthy food spreads. These spreads offer nutritional benefits while also being convenient, catering to health-conscious consumers.
- Prevalence of various recipes featuring food spreads is another factor augmenting the United Kingdom food spread market demand. Professional and home chefs are popularising numerous recipes made with food spreads for easy and flavourful meals, leading to a higher demand for food spreads.
Market Analysis
Based on type, the market is divided into fruit based spread, chocolate based spread, nut based spread, and honey, among others. On the basis of distribution channel, the United Kingdom food spread market segmentation is hypermarkets and supermarkets, convenience stores, speciality stores, and online stores, among others.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the UK food spread market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
- Unilever PLC
- Ferrero International S.A
- Conagra Brands, Inc.
- Kraft Heinz Company
- B&G Foods, Inc.
- Chocoladefabriken Lindt & Sprüngli AG
- Nestlé S.A.
- The J.M. Smucker Co.
- The Hain Celestial Group, Inc.
- Upfield Europe B.V.
- Others
Market Share by Type
Chocolate based spreads account for a sizable share of the United Kingdom food spread market, supported by their popularity among young adults and the youth. As a flavour, chocolate is immensely popular in the United Kingdom, and chocolate based spreads offer an easy and convenient flavouring option. Chocolate based spreads are available ready-to-eat and pre-packaged and can be used in various ways, including spread on toast, bread, crackers, and waffles. Moreover, chocolate based spreads are also commonly used in various dessert preparations, providing a quick and easy way to elevate a dessert item. For busy consumers, chocolate based spreads are an instant source of sweetness, which is expanding its share in the UK food spread market.
Market Share by Distribution Channel
Online stores and other online distribution channels are anticipated to witness rapid growth in the food spread market in the United Kingdom. With consumers leading increasingly busy lives and expansion of e-commerce and logistics capabilities, more consumers are turning to online shopping for groceries. Through online stores, consumers can purchase their desired food spreads along with their groceries can avail of convenient home deliveries. The United Kingdom food spread market share of online stores is also being bolstered by the wide range of food spreads available online in varying price points and sizes. Depending upon their usage patterns, consumers can choose desired food spreads and experiment with new product variants.
Competitive Landscape
Unilever PLC, a manufacturer of consumer packaged products, was established in 1929 and is currently based in London, England. The company operates in five business groups, which are beauty and wellbeing, personal care, home care, nutrition, and ice cream, with a vast array of well-known brands.
Ferrero International S.A, founded in 1946 and headquartered in Sennengerbierg, Luxembourg, is a leading sweet-packaged food company, with iconic brands such as Ferrero Rocher, Nutella, and Kinder. With a global presence, the company focuses on selection of raw materials of the highest quality for their products.
Conagra Brands, Inc., based in Illinois in the United States, and established in 1919, is a manufacturer, marketer, and distributor of consumer packaged goods and foodservice ingredients and items. The leading brands of the company include Healthy Choice, Duke’s, Jiffy Pop, Log Cabin, and Kid Cuisine.
Other market players include Kraft Heinz Company, B&G Foods, Inc., Chocoladefabriken Lindt & Sprüngli AG, Nestlé S.A., The J.M. Smucker Co., The Hain Celestial Group, Inc., and Upfield Europe B.V., among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Distribution Channel |
|
| Market Dynamics |
|
| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Global Food Spread Market Overview
8.1 Key Industry Highlights
8.2 Global Food Spread Historical Market (2018-2023)
8.3 Global Food Spread Market Forecast (2024-2032)
8.4 Global Food Spread Market Share by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 United Kingdom Food Spread Market Overview
9.1 Key Industry Highlights
9.2 United Kingdom Food Spread Historical Market (2018-2023)
9.3 United Kingdom Food Spread Market Forecast (2024-2032)
10 United Kingdom Food Spread Market by Type
10.1 Fruit Based Spread
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Chocolate Based Spread
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Nut Based Spread
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Honey
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 United Kingdom Food Spread Market by Distribution Channel
11.1 Hypermarkets and Supermarkets
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Convenience Stores
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Speciality Stores
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Online Stores
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Others
12 Market Dynamics
12.1 SWOT Analysis
12.1.1 Strengths
12.1.2 Weaknesses
12.1.3 Opportunities
12.1.4 Threats
12.2 Porter’s Five Forces Analysis
12.2.1 Supplier’s Power
12.2.2 Buyer’s Power
12.2.3 Threat of New Entrants
12.2.4 Degree of Rivalry
12.2.5 Threat of Substitutes
12.3 Key Indicators for Demand
12.4 Key Indicators for Price
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 Unilever PLC
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 Ferrero International S.A
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 Conagra Brands, Inc.
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 Kraft Heinz Company
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 B&G Foods, Inc.
13.2.5.1 Company Overview
13.2.5.2 Product Portfolio
13.2.5.3 Demographic Reach and Achievements
13.2.5.4 Certifications
13.2.6 Chocoladefabriken Lindt & Sprüngli AG
13.2.6.1 Company Overview
13.2.6.2 Product Portfolio
13.2.6.3 Demographic Reach and Achievements
13.2.6.4 Certifications
13.2.7 Nestlé S.A.
13.2.7.1 Company Overview
13.2.7.2 Product Portfolio
13.2.7.3 Demographic Reach and Achievements
13.2.7.4 Certifications
13.2.8 The J.M. Smucker Co.
13.2.8.1 Company Overview
13.2.8.2 Product Portfolio
13.2.8.3 Demographic Reach and Achievements
13.2.8.4 Certifications
13.2.9 The Hain Celestial Group, Inc.
13.2.9.1 Company Overview
13.2.9.2 Product Portfolio
13.2.9.3 Demographic Reach and Achievements
13.2.9.4 Certifications
13.2.10 Upfield Europe B.V.
13.2.10.1 Company Overview
13.2.10.2 Product Portfolio
13.2.10.3 Demographic Reach and Achievements
13.2.10.4 Certifications
13.2.11 Others
14 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Food Spread Market: Key Industry Highlights, 2018 and 2032
2. United Kingdom Food Spread Market: Key Industry Highlights, 2018 and 2032
3. United Kingdom Food Spread Historical Market: Breakup by Type (USD Million), 2018-2023
4. United Kingdom Food Spread Market Forecast: Breakup by Type (USD Million), 2024-2032
5. United Kingdom Food Spread Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
6. United Kingdom Food Spread Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
7. United Kingdom Food Spread Market Structure
Key Questions Answered in the Report
The market is expected to grow at a CAGR of 4.30% between 2024 and 2032.
The major drivers of the market include increasing demand for convenience foods, diversification in product offerings, and expansion of distribution channels.
The key United Kingdom food spread market trends include rising popularity of vegan diets, increasing demand for healthy food spreads, development of new food spread products, and prominence of recipes featuring food spreads.
The various types of food spreads in the market are fruit based spread, chocolate based spread, nut based spread, and honey, among others.
The leading distribution channels in the food spread market in the United Kingdom are hypermarkets and supermarkets, convenience stores, speciality stores, and online stores, among others.
The shelf life of food spreads depends upon the type of food spread and preservation methods; while honey when properly stored can last for several years, nut based spreads can have a shelf life of 6-24 months.
Based on the ingredients and preparation method, food spreads may or may not be healthy, and both healthy and unhealthy food spreads are available.
The major players in the market, according to the report, are Unilever PLC, Ferrero International S.A, Conagra Brands, Inc., Kraft Heinz Company, B&G Foods, Inc., Chocoladefabriken Lindt & Sprüngli AG, Nestlé S.A., The J.M. Smucker Co., The Hain Celestial Group, Inc., and Upfield Europe B.V., among others.
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