The Asia Pacific Sweet Spread Market would witness market growth of 4.0% CAGR during the forecast period (2021-2027).
Honey spread is also among the popular sweet spreads consumed widely for several reasons. Honey contains an array of plant chemicals and serves many health benefits along with its delicious taste. Honey spreads are considered a good source of antioxidants which help in protecting the human body from cell damage and aging. The polyphenols present in honey spread may reduce the risk of heart disease.
Additionally, honey also has antibacterial & antifungal properties. It contains hydrogen peroxide which kills unwanted fungus and bacteria. Honey consists of phytonutrients which is the reason that honey is considered an immune booster and anticancer. Honey is also used for curing digestive issues like diarrhea. Also, honey is a proven remedy for treating Helicobacter pylori bacteria (H. pylori) which is the major cause of stomach ulcers. Moreover, Honey is also an ancient remedy used for sore throat.
China is among the largest populated countries in the world and is estimated to reach 1.46 billion in number by the end of 2030. Chinese consumers, especially youngsters are highly influenced by packed food products. People of the region seek to consume easy to cook food in order to ease their hectic schedules. In addition, the rising adoption of western food culture in developing countries such as India and China, is rising the demand for various sweet spreads.
The China market dominated the Asia Pacific Sweet Spread Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $104.4 million by 2027. The Japan market is experiencing a CAGR of 3.4% during (2021 - 2027). Additionally, The India market would showcase a CAGR of 4.6% during (2021 - 2027).
Based on Packaging, the market is segmented into Glass and Plastic. Based on Product Type, the market is segmented into Jam, Jelly & Preserve, Chocolate spread, Nut-spread, and Others. Based on Distribution Channel, the market is segmented into Supermarket/Hypermarket, Grocery & Convenience store, Online Sales Channel, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Sweet Spread Market is Projected to reach USD 1.5 Billion by 2027, at a CAGR of 3.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Andros Group, Premium Vegetable Oils Sdn Bhd, Conagra Brands, Inc., PepsiCo, Inc. (Pioneer Foods), Ferrero Group, Unilever PLC, Hormel Foods Corporation, Dabur India Ltd., Mondelez International, Inc., and The Hershey Company (Hershey Trust Company).
Scope of the Study
Market Segments Covered in the Report:
By Packaging
By Product Type
- Jam, Jelly & Preserve
- Chocolate spread
- Nut-spread
- Others
By Distribution Channel
- Supermarket/Hypermarket
- Grocery & Convenience store
- Online Sales Channel
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Andros Group
- Premium Vegetable Oils Sdn Bhd
- Conagra Brands, Inc.
- PepsiCo, Inc. (Pioneer Foods)
- Ferrero Group
- Unilever PLC
- Hormel Foods Corporation
- Dabur India Ltd.
- Mondelez International, Inc.
- The Hershey Company (Hershey Trust Company)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Sweet Spread Market, by Packaging
1.4.2 Asia Pacific Sweet Spread Market, by Product Type
1.4.3 Asia Pacific Sweet Spread Market, by Distribution Channel
1.4.4 Asia Pacific Sweet Spread Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Asia Pacific Sweet Spread Market by Packaging
3.1 Asia Pacific Glass Market by Country
3.2 Asia Pacific Plastic Market by Country
Chapter 4. Asia Pacific Sweet Spread Market by Product Type
4.1 Asia Pacific Jam, Jelly & Preserve Market by Country
4.2 Asia Pacific Chocolate spread Market by Country
4.3 Asia Pacific Nut-spread Market by Country
4.4 Asia Pacific Other Product Type Market by Country
Chapter 5. Asia Pacific Sweet Spread Market by Distribution Channel
5.1 Asia Pacific Supermarket/Hypermarket Market by Country
5.2 Asia Pacific Grocery & Convenience store Market by Country
5.3 Asia Pacific Online Sales Channel Market by Country
5.4 Asia Pacific Others Market by Country
Chapter 6. Asia Pacific Sweet Spread Market by Country
6.1 China Sweet Spread Market
6.1.1 China Sweet Spread Market by Packaging
6.1.2 China Sweet Spread Market by Product Type
6.1.3 China Sweet Spread Market by Distribution Channel
6.2 Japan Sweet Spread Market
6.2.1 Japan Sweet Spread Market by Packaging
6.2.2 Japan Sweet Spread Market by Product Type
6.2.3 Japan Sweet Spread Market by Distribution Channel
6.3 India Sweet Spread Market
6.3.1 India Sweet Spread Market by Packaging
6.3.2 India Sweet Spread Market by Product Type
6.3.3 India Sweet Spread Market by Distribution Channel
6.4 South Korea Sweet Spread Market
6.4.1 South Korea Sweet Spread Market by Packaging
6.4.2 South Korea Sweet Spread Market by Product Type
6.4.3 South Korea Sweet Spread Market by Distribution Channel
6.5 Singapore Sweet Spread Market
6.5.1 Singapore Sweet Spread Market by Packaging
6.5.2 Singapore Sweet Spread Market by Product Type
6.5.3 Singapore Sweet Spread Market by Distribution Channel
6.6 Malaysia Sweet Spread Market
6.6.1 Malaysia Sweet Spread Market by Packaging
6.6.2 Malaysia Sweet Spread Market by Product Type
6.6.3 Malaysia Sweet Spread Market by Distribution Channel
6.7 Rest of Asia Pacific Sweet Spread Market
6.7.1 Rest of Asia Pacific Sweet Spread Market by Packaging
6.7.2 Rest of Asia Pacific Sweet Spread Market by Product Type
6.7.3 Rest of Asia Pacific Sweet Spread Market by Distribution Channel
Chapter 7. Company Profiles
7.1 Andros Group
7.1.1 Company Overview
7.2 Premium Vegetable Oils Sdn Bhd
7.2.1 Company Overview
7.3 Conagra Brands, Inc.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental Analysis
7.3.4 Research& Development Expense
7.4 PepsiCo, Inc. (Pioneer Foods)
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.5 Ferrero Group
7.5.1 Company Overview
7.5.2 Recent Strategies and developments:
7.5.2.1 Product Launches and Product Expansions:
7.6 Unilever PLC
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expense
7.6.5 Recent Strategies and developments:
7.6.5.1 Product Launches and Product Expansions:
7.7 Hormel Foods Corporation
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expenses
7.8 Dabur India Ltd.
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expense
7.8.5 Recent Strategies and developments:
7.8.5.1 Product Launches and Product Expansions:
7.9 Mondelez International, Inc.
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Regional Analysis
7.9.4 Research & Development Expenses
7.9.5 Recent Strategies and developments:
7.9.5.1 Acquisitions and Mergers:
7.10. The Hershey Company (Hershey Trust Company)
7.10.1 Company overview
7.10.2 Financial Analysis
7.10.3 Regional Analysis
7.10.4 Research & Development Expenses
TABLE 1 Asia Pacific Sweet Spread Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific Sweet Spread Market, 2021 - 2027, USD Million
TABLE 3 Asia Pacific Sweet Spread Market by Packaging, 2017 - 2020, USD Million
TABLE 4 Asia Pacific Sweet Spread Market by Packaging, 2021 - 2027, USD Million
TABLE 5 Asia Pacific Glass Market by Country, 2017 - 2020, USD Million
TABLE 6 Asia Pacific Glass Market by Country, 2021 - 2027, USD Million
TABLE 7 Asia Pacific Plastic Market by Country, 2017 - 2020, USD Million
TABLE 8 Asia Pacific Plastic Market by Country, 2021 - 2027, USD Million
TABLE 9 Asia Pacific Sweet Spread Market by Product Type, 2017 - 2020, USD Million
TABLE 10 Asia Pacific Sweet Spread Market by Product Type, 2021 - 2027, USD Million
TABLE 11 Asia Pacific Jam, Jelly & Preserve Market by Country, 2017 - 2020, USD Million
TABLE 12 Asia Pacific Jam, Jelly & Preserve Market by Country, 2021 - 2027, USD Million
TABLE 13 Asia Pacific Chocolate spread Market by Country, 2017 - 2020, USD Million
TABLE 14 Asia Pacific Chocolate spread Market by Country, 2021 - 2027, USD Million
TABLE 15 Asia Pacific Nut-spread Market by Country, 2017 - 2020, USD Million
TABLE 16 Asia Pacific Nut-spread Market by Country, 2021 - 2027, USD Million
TABLE 17 Asia Pacific Other Product Type Market by Country, 2017 - 2020, USD Million
TABLE 18 Asia Pacific Other Product Type Market by Country, 2021 - 2027, USD Million
TABLE 19 Asia Pacific Sweet Spread Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 20 Asia Pacific Sweet Spread Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 21 Asia Pacific Supermarket/Hypermarket Market by Country, 2017 - 2020, USD Million
TABLE 22 Asia Pacific Supermarket/Hypermarket Market by Country, 2021 - 2027, USD Million
TABLE 23 Asia Pacific Grocery & Convenience store Market by Country, 2017 - 2020, USD Million
TABLE 24 Asia Pacific Grocery & Convenience store Market by Country, 2021 - 2027, USD Million
TABLE 25 Asia Pacific Online Sales Channel Market by Country, 2017 - 2020, USD Million
TABLE 26 Asia Pacific Online Sales Channel Market by Country, 2021 - 2027, USD Million
TABLE 27 Asia Pacific Others Market by Country, 2017 - 2020, USD Million
TABLE 28 Asia Pacific Others Market by Country, 2021 - 2027, USD Million
TABLE 29 Asia Pacific Sweet Spread Market by Country, 2017 - 2020, USD Million
TABLE 30 Asia Pacific Sweet Spread Market by Country, 2021 - 2027, USD Million
TABLE 31 China Sweet Spread Market, 2017 - 2020, USD Million
TABLE 32 China Sweet Spread Market, 2021 - 2027, USD Million
TABLE 33 China Sweet Spread Market by Packaging, 2017 - 2020, USD Million
TABLE 34 China Sweet Spread Market by Packaging, 2021 - 2027, USD Million
TABLE 35 China Sweet Spread Market by Product Type, 2017 - 2020, USD Million
TABLE 36 China Sweet Spread Market by Product Type, 2021 - 2027, USD Million
TABLE 37 China Sweet Spread Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 38 China Sweet Spread Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 39 Japan Sweet Spread Market, 2017 - 2020, USD Million
TABLE 40 Japan Sweet Spread Market, 2021 - 2027, USD Million
TABLE 41 Japan Sweet Spread Market by Packaging, 2017 - 2020, USD Million
TABLE 42 Japan Sweet Spread Market by Packaging, 2021 - 2027, USD Million
TABLE 43 Japan Sweet Spread Market by Product Type, 2017 - 2020, USD Million
TABLE 44 Japan Sweet Spread Market by Product Type, 2021 - 2027, USD Million
TABLE 45 Japan Sweet Spread Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 46 Japan Sweet Spread Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 47 India Sweet Spread Market, 2017 - 2020, USD Million
TABLE 48 India Sweet Spread Market, 2021 - 2027, USD Million
TABLE 49 India Sweet Spread Market by Packaging, 2017 - 2020, USD Million
TABLE 50 India Sweet Spread Market by Packaging, 2021 - 2027, USD Million
TABLE 51 India Sweet Spread Market by Product Type, 2017 - 2020, USD Million
TABLE 52 India Sweet Spread Market by Product Type, 2021 - 2027, USD Million
TABLE 53 India Sweet Spread Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 54 India Sweet Spread Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 55 South Korea Sweet Spread Market, 2017 - 2020, USD Million
TABLE 56 South Korea Sweet Spread Market, 2021 - 2027, USD Million
TABLE 57 South Korea Sweet Spread Market by Packaging, 2017 - 2020, USD Million
TABLE 58 South Korea Sweet Spread Market by Packaging, 2021 - 2027, USD Million
TABLE 59 South Korea Sweet Spread Market by Product Type, 2017 - 2020, USD Million
TABLE 60 South Korea Sweet Spread Market by Product Type, 2021 - 2027, USD Million
TABLE 61 South Korea Sweet Spread Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 62 South Korea Sweet Spread Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 63 Singapore Sweet Spread Market, 2017 - 2020, USD Million
TABLE 64 Singapore Sweet Spread Market, 2021 - 2027, USD Million
TABLE 65 Singapore Sweet Spread Market by Packaging, 2017 - 2020, USD Million
TABLE 66 Singapore Sweet Spread Market by Packaging, 2021 - 2027, USD Million
TABLE 67 Singapore Sweet Spread Market by Product Type, 2017 - 2020, USD Million
TABLE 68 Singapore Sweet Spread Market by Product Type, 2021 - 2027, USD Million
TABLE 69 Singapore Sweet Spread Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 70 Singapore Sweet Spread Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 71 Malaysia Sweet Spread Market, 2017 - 2020, USD Million
TABLE 72 Malaysia Sweet Spread Market, 2021 - 2027, USD Million
TABLE 73 Malaysia Sweet Spread Market by Packaging, 2017 - 2020, USD Million
TABLE 74 Malaysia Sweet Spread Market by Packaging, 2021 - 2027, USD Million
TABLE 75 Malaysia Sweet Spread Market by Product Type, 2017 - 2020, USD Million
TABLE 76 Malaysia Sweet Spread Market by Product Type, 2021 - 2027, USD Million
TABLE 77 Malaysia Sweet Spread Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 78 Malaysia Sweet Spread Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 79 Rest of Asia Pacific Sweet Spread Market, 2017 - 2020, USD Million
TABLE 80 Rest of Asia Pacific Sweet Spread Market, 2021 - 2027, USD Million
TABLE 81 Rest of Asia Pacific Sweet Spread Market by Packaging, 2017 - 2020, USD Million
TABLE 82 Rest of Asia Pacific Sweet Spread Market by Packaging, 2021 - 2027, USD Million
TABLE 83 Rest of Asia Pacific Sweet Spread Market by Product Type, 2017 - 2020, USD Million
TABLE 84 Rest of Asia Pacific Sweet Spread Market by Product Type, 2021 - 2027, USD Million
TABLE 85 Rest of Asia Pacific Sweet Spread Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 86 Rest of Asia Pacific Sweet Spread Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 87 Key information – Andros Group
TABLE 88 Key information – Premium Vegetable Oils Sdn Bhd
TABLE 89 Key Information – Conagra Brands, Inc.
TABLE 90 key information – PepsiCo, Inc.
TABLE 91 Key information – Ferrero Group
TABLE 92 Key Information – Unilever PLC
TABLE 93 Key Information – Hormel Foods Corporation
TABLE 94 key Information – Dabur India Ltd.
TABLE 95 Key Information –Mondelez International, Inc.
TABLE 96 Key Information –The Hershey Company
List of Figures
FIG 1 Methodology for the research