The Latin America, Middle East and Africa Sweet Spread Market would witness market growth of 5.5% CAGR during the forecast period (2021-2027).
Nut-based spreads such as cashew butter and peanut butter serve various benefits to the human body. Cashew butter is rich in nutrients and serves various health benefits. The cashew butter is made of raw as well as roasted cashew and is naturally sweet. These kinds of butter can be used for thickening and flavoring sauces, fruit shakes, and soups. Cashew butter is rich in vitamin E, calcium, iron, protein, and riboflavin.
Additionally, cashew butter also contains oleic acid in a balanced quantity. Cashew butter along with other nut-based spreads consist of unsaturated fats which are essential for the body and help in fighting against bad cholesterol. Although, it is suggested to consume calcium butter in a limited quantity as it is rich in calorie and fat content.
The food & beverage industry in the LAMEA region, specifically Africa is witnessing massive growth. In addition, the hospitality sector with luxury hotels, restaurants cafes, etc in the region is also flourishing with the rising tourism at the places like Burj Khalifa in Dubai. The consumers in the region are becoming health conscious and thus, demanding the organic foods. Moreover, various health benefits of sweet spreads coupled with the rising disposable income of the consumers are resulting in high demand for sweet spread foods. Also, the demand for organic foods is increasing with the rapid urbanization in the LAMEA region.
The Brazil market dominated the LAMEA Sweet Spread Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $29.1 million by 2027. The Argentina market would exhibit a CAGR of 6% during (2021 - 2027). Additionally, The UAE market is poised to grow a CAGR of 5.2% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Sweet Spread Market is Predict to reach $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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Sweet Spread Market, by Packaging
1.4.2 LAMEA Sweet Spread Market, by Product Type
1.4.3 LAMEA Sweet Spread Market, by Distribution Channel
1.4.4 LAMEA 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. LAMEA Sweet Spread Market by Packaging
3.1 LAMEA Glass Market by Country
3.2 LAMEA Plastic Market by Country
Chapter 4. LAMEA Sweet Spread Market by Product Type
4.1 LAMEA Jam, Jelly & Preserve Market by Country
4.2 LAMEA Chocolate spread Market by Country
4.3 LAMEA Nut-spread Market by Country
4.4 LAMEA Other Product Type Market by Country
Chapter 5. LAMEA Sweet Spread Market by Distribution Channel
5.1 LAMEA Supermarket/Hypermarket Market by Country
5.2 LAMEA Grocery & Convenience store Market by Country
5.3 LAMEA Online Sales Channel Market by Country
5.4 LAMEA Others Market by Country
Chapter 6. LAMEA Sweet Spread Market by Country
6.1 Brazil Sweet Spread Market
6.1.1 Brazil Sweet Spread Market by Packaging
6.1.2 Brazil Sweet Spread Market by Product Type
6.1.3 Brazil Sweet Spread Market by Distribution Channel
6.2 Argentina Sweet Spread Market
6.2.1 Argentina Sweet Spread Market by Packaging
6.2.2 Argentina Sweet Spread Market by Product Type
6.2.3 Argentina Sweet Spread Market by Distribution Channel
6.3 UAE Sweet Spread Market
6.3.1 UAE Sweet Spread Market by Packaging
6.3.2 UAE Sweet Spread Market by Product Type
6.3.3 UAE Sweet Spread Market by Distribution Channel
6.4 Saudi Arabia Sweet Spread Market
6.4.1 Saudi Arabia Sweet Spread Market by Packaging
6.4.2 Saudi Arabia Sweet Spread Market by Product Type
6.4.3 Saudi Arabia Sweet Spread Market by Distribution Channel
6.5 South Africa Sweet Spread Market
6.5.1 South Africa Sweet Spread Market by Packaging
6.5.2 South Africa Sweet Spread Market by Product Type
6.5.3 South Africa Sweet Spread Market by Distribution Channel
6.6 Nigeria Sweet Spread Market
6.6.1 Nigeria Sweet Spread Market by Packaging
6.6.2 Nigeria Sweet Spread Market by Product Type
6.6.3 Nigeria Sweet Spread Market by Distribution Channel
6.7 Rest of LAMEA Sweet Spread Market
6.7.1 Rest of LAMEA Sweet Spread Market by Packaging
6.7.2 Rest of LAMEA Sweet Spread Market by Product Type
6.7.3 Rest of LAMEA 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 LAMEA Sweet Spread Market, 2017 - 2020, USD Million
TABLE 2 LAMEA Sweet Spread Market, 2021 - 2027, USD Million
TABLE 3 LAMEA Sweet Spread Market by Packaging, 2017 - 2020, USD Million
TABLE 4 LAMEA Sweet Spread Market by Packaging, 2021 - 2027, USD Million
TABLE 5 LAMEA Glass Market by Country, 2017 - 2020, USD Million
TABLE 6 LAMEA Glass Market by Country, 2021 - 2027, USD Million
TABLE 7 LAMEA Plastic Market by Country, 2017 - 2020, USD Million
TABLE 8 LAMEA Plastic Market by Country, 2021 - 2027, USD Million
TABLE 9 LAMEA Sweet Spread Market by Product Type, 2017 - 2020, USD Million
TABLE 10 LAMEA Sweet Spread Market by Product Type, 2021 - 2027, USD Million
TABLE 11 LAMEA Jam, Jelly & Preserve Market by Country, 2017 - 2020, USD Million
TABLE 12 LAMEA Jam, Jelly & Preserve Market by Country, 2021 - 2027, USD Million
TABLE 13 LAMEA Chocolate spread Market by Country, 2017 - 2020, USD Million
TABLE 14 LAMEA Chocolate spread Market by Country, 2021 - 2027, USD Million
TABLE 15 LAMEA Nut-spread Market by Country, 2017 - 2020, USD Million
TABLE 16 LAMEA Nut-spread Market by Country, 2021 - 2027, USD Million
TABLE 17 LAMEA Other Product Type Market by Country, 2017 - 2020, USD Million
TABLE 18 LAMEA Other Product Type Market by Country, 2021 - 2027, USD Million
TABLE 19 LAMEA Sweet Spread Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 20 LAMEA Sweet Spread Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 21 LAMEA Supermarket/Hypermarket Market by Country, 2017 - 2020, USD Million
TABLE 22 LAMEA Supermarket/Hypermarket Market by Country, 2021 - 2027, USD Million
TABLE 23 LAMEA Grocery & Convenience store Market by Country, 2017 - 2020, USD Million
TABLE 24 LAMEA Grocery & Convenience store Market by Country, 2021 - 2027, USD Million
TABLE 25 LAMEA Online Sales Channel Market by Country, 2017 - 2020, USD Million
TABLE 26 LAMEA Online Sales Channel Market by Country, 2021 - 2027, USD Million
TABLE 27 LAMEA Others Market by Country, 2017 - 2020, USD Million
TABLE 28 LAMEA Others Market by Country, 2021 - 2027, USD Million
TABLE 29 LAMEA Sweet Spread Market by Country, 2017 - 2020, USD Million
TABLE 30 LAMEA Sweet Spread Market by Country, 2021 - 2027, USD Million
TABLE 31 Brazil Sweet Spread Market, 2017 - 2020, USD Million
TABLE 32 Brazil Sweet Spread Market, 2021 - 2027, USD Million
TABLE 33 Brazil Sweet Spread Market by Packaging, 2017 - 2020, USD Million
TABLE 34 Brazil Sweet Spread Market by Packaging, 2021 - 2027, USD Million
TABLE 35 Brazil Sweet Spread Market by Product Type, 2017 - 2020, USD Million
TABLE 36 Brazil Sweet Spread Market by Product Type, 2021 - 2027, USD Million
TABLE 37 Brazil Sweet Spread Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 38 Brazil Sweet Spread Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 39 Argentina Sweet Spread Market, 2017 - 2020, USD Million
TABLE 40 Argentina Sweet Spread Market, 2021 - 2027, USD Million
TABLE 41 Argentina Sweet Spread Market by Packaging, 2017 - 2020, USD Million
TABLE 42 Argentina Sweet Spread Market by Packaging, 2021 - 2027, USD Million
TABLE 43 Argentina Sweet Spread Market by Product Type, 2017 - 2020, USD Million
TABLE 44 Argentina Sweet Spread Market by Product Type, 2021 - 2027, USD Million
TABLE 45 Argentina Sweet Spread Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 46 Argentina Sweet Spread Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 47 UAE Sweet Spread Market, 2017 - 2020, USD Million
TABLE 48 UAE Sweet Spread Market, 2021 - 2027, USD Million
TABLE 49 UAE Sweet Spread Market by Packaging, 2017 - 2020, USD Million
TABLE 50 UAE Sweet Spread Market by Packaging, 2021 - 2027, USD Million
TABLE 51 UAE Sweet Spread Market by Product Type, 2017 - 2020, USD Million
TABLE 52 UAE Sweet Spread Market by Product Type, 2021 - 2027, USD Million
TABLE 53 UAE Sweet Spread Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 54 UAE Sweet Spread Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 55 Saudi Arabia Sweet Spread Market, 2017 - 2020, USD Million
TABLE 56 Saudi Arabia Sweet Spread Market, 2021 - 2027, USD Million
TABLE 57 Saudi Arabia Sweet Spread Market by Packaging, 2017 - 2020, USD Million
TABLE 58 Saudi Arabia Sweet Spread Market by Packaging, 2021 - 2027, USD Million
TABLE 59 Saudi Arabia Sweet Spread Market by Product Type, 2017 - 2020, USD Million
TABLE 60 Saudi Arabia Sweet Spread Market by Product Type, 2021 - 2027, USD Million
TABLE 61 Saudi Arabia Sweet Spread Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 62 Saudi Arabia Sweet Spread Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 63 South Africa Sweet Spread Market, 2017 - 2020, USD Million
TABLE 64 South Africa Sweet Spread Market, 2021 - 2027, USD Million
TABLE 65 South Africa Sweet Spread Market by Packaging, 2017 - 2020, USD Million
TABLE 66 South Africa Sweet Spread Market by Packaging, 2021 - 2027, USD Million
TABLE 67 South Africa Sweet Spread Market by Product Type, 2017 - 2020, USD Million
TABLE 68 South Africa Sweet Spread Market by Product Type, 2021 - 2027, USD Million
TABLE 69 South Africa Sweet Spread Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 70 South Africa Sweet Spread Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 71 Nigeria Sweet Spread Market, 2017 - 2020, USD Million
TABLE 72 Nigeria Sweet Spread Market, 2021 - 2027, USD Million
TABLE 73 Nigeria Sweet Spread Market by Packaging, 2017 - 2020, USD Million
TABLE 74 Nigeria Sweet Spread Market by Packaging, 2021 - 2027, USD Million
TABLE 75 Nigeria Sweet Spread Market by Product Type, 2017 - 2020, USD Million
TABLE 76 Nigeria Sweet Spread Market by Product Type, 2021 - 2027, USD Million
TABLE 77 Nigeria Sweet Spread Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 78 Nigeria Sweet Spread Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 79 Rest of LAMEA Sweet Spread Market, 2017 - 2020, USD Million
TABLE 80 Rest of LAMEA Sweet Spread Market, 2021 - 2027, USD Million
TABLE 81 Rest of LAMEA Sweet Spread Market by Packaging, 2017 - 2020, USD Million
TABLE 82 Rest of LAMEA Sweet Spread Market by Packaging, 2021 - 2027, USD Million
TABLE 83 Rest of LAMEA Sweet Spread Market by Product Type, 2017 - 2020, USD Million
TABLE 84 Rest of LAMEA Sweet Spread Market by Product Type, 2021 - 2027, USD Million
TABLE 85 Rest of LAMEA Sweet Spread Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 86 Rest of LAMEA 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