New regulations on honey and other "breakfast food" labelling are expected to be implemented within the first two years of the forecast period following the European Parliament's approval in April 2024. These changes aim to provide consumers with more precise information about the origin and composition of honey, enhancing transparency in the honey supply chain and reducing fraud.
Sweet spreads is expected to see volume sales stagnate over the forecast period. The category is facing a considerable challenge in adapting to the health and wellness trend, which has seen a growing focus on the part that sugar plays in the development of a variety of health conditions and a resultant consumer desire to reduce sugar intake.
Top producers of chocolate spreads, Idilia Foods and Ferrero, are expected to address the challenges facing chocolate spreads by continuing to diversify their businesses by leveraging the high brand awareness of Nocilla and Nutella. Key areas of business development in which these brands offer notable potential beyond sweet spreads include ice cream and sweet biscuits.
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Understand the latest market trends and future growth opportunities for the Sweet Spreads industry in Spain 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 Spain, 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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