Sweet spreads is expected to register slowed retail current value growth during the forecast period, though volume growth will improve as consumption rises. but improved volume growth as consumption rises during the forecast period.
Jams and preserves will perform poorly over the forecast period as a result of accelerating health and wellness awareness. There will be a persistent shift away from high-sugar products towards cleaner, healthier and more natural options such as nut butters.
One area where sweet spreads will see persistently positive growth is in foodservice, with developments in Canada’s foodservice sector set to continue apace. Migrants will remain a significant boost to the country’s economy despite reduced immigration numbers, and greater investment in travel and tourism will further support growth.
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Understand the latest market trends and future growth opportunities for the Sweet Spreads industry in Canada 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 Canada, 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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