The future of Australian honey faces a significant challenge due to the presence of the Varroa mite, a destructive parasite that poses a serious threat to bee populations and the honey industry. The Australian government has made a crucial decision to discontinue its efforts to eradicate the Varroa mite and is now focusing on managing its spread.
Over the forecast period, supermarkets is likely to remain the dominant distribution channel for sweet spreads in Australia. However, discounters is gaining popularity among consumers, with Aldi gradually becoming a staple in consumers' shopping routines, driven by the desire to manage their budgets by purchasing essential products from this channel.
The prevailing trend for sweet spreads over the forecast period is likely to be the continuous innovation of health-related products, driven by consumers' increasing preference for healthier food choices. This shift includes a focus on reducing sugar intake, avoiding artificial additives, and using organic ingredients.
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Understand the latest market trends and future growth opportunities for the Sweet Spreads industry in Australia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Sweet Spreads industry in Australia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Excludes: Any products sold unpackaged or in bulk; margarine, butter substitutes, vegetable-oil based, yeast-based, and meat/seafood-based spreads.
See All of Our DefinitionsThis report originates from Passport, our Sweet Spreads research and analysis database.
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