With low per capita consumption in India, sweet spreads is expected to maintain stable strong retail volume and current value growth rates in India throughout the forecast period, with increases across all categories. Honey is the most widely used product within sweet spreads in India, and this will remain the case in the forecast period.
An increasing number of sweet spreads brands are focusing on launching products with clean ingredients, especially when it comes to products such as peanut butter (nut and seed based spreads) and honey.
Sweet spreads remains an urban-centric category in India, with demand primarily stemming from metropolitan and tier-1 cities, especially for categories beyond honey. However, going forward, it is expected that there will be greater demand from tier-2 and tier-3 cities due to increasing urbanisation.
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Understand the latest market trends and future growth opportunities for the Sweet Spreads industry in India 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 India, 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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