Overall sweet spread will register muted constant value growth over the forecast period, in what is a mature product area. Nut and seed based spreads will be the strongest performer, as they fit the box of sweet spreads with added functionality.
Honey will continue to account for significant value and volume sales over the forecast period. However, it will register a decline in volume sales.
Nut and seed based spreads is expected to see the highest growth in volume terms as well as constant retail value over the forecast period, as these products are perceived as being healthier due to the lower sugar content and thanks to the rising popularity of peanut butter. Peanut butter is also popular with sports enthusiasts, due its high protein content.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Sweet Spreads industry in Latvia 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 Latvia, 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.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!