Sweet spreads looks set to post steady growth in retail volume terms throughout the forecast period, with all categories anticipated to expand consistently in this regard. Traditional consumption habits should ensure overall demand remains robust, as most Bolivians regularly combine these products with bread for a convenient breakfast, lunch or snack option.
Nut and seed based spreads will remain something of a niche area in Bolivia over the forecast period, and is also projected to be the weakest performer within sweet spreads in retail volume growth terms. Nonetheless, the increasing perception of such products as a healthier alternative to jams and preserves or chocolate spreads should continue to broaden their appeal, particularly among mid-to-high-income urban consumers.
While indulgence is the primary attraction of sweet spreads for most Bolivians, health concerns will continue to shape purchasing decisions in the category over the forecast period. In particular, more consumers are expected to gravitate towards products that have reduced levels of sugar or fat and are low in or free from artificial additives and preservatives.
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Understand the latest market trends and future growth opportunities for the Sweet Spreads industry in Bolivia 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 Bolivia, 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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