Spreads - CIS | Statista Market Forecast

Revenue in the Spreads market amounts to US$2.61bn in 2024. The market is expected to grow annually by 8.80% (CAGR 2024-2029).
In global comparison, most revenue is generated China (US$19bn in 2024).
In relation to total population figures, per person revenues of US$10.75 are generated in 2024.
In the Spreads market, volume is expected to amount to 770.70m kg by 2029. The Spreads market is expected to show a volume growth of 3.7% in 2025.0.
The average volume per person in the Spreads market is expected to amount to 2.7kg in 2024.

Definition:

The Spreads market covers food products that are intended to be spread over other foods, such as bread. Spreads typically have a semi-solid or creamy texture and are available in a wide range of flavors, such as jam, marmalade, and peanut butter.

Additional Information:

The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram), sales channels. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption; out-of-home consumption is not included.

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Jams and marmalades
Chocolate spreads
Peanut butter

Other bread spreads, such as cream cheese
Honey
Compotes
Out-of-home consumption

The Spreads Market in the CIS region is facing subdued growth due to factors such as high competition and changing consumer preferences for healthier options. However, the Jams & Marmalades, Chocolate Spreads, and Peanut Butter sub-markets are experiencing steady growth, driven by increasing demand for convenient and indulgent breakfast options. Overall, the rising health consciousness and availability of online shopping platforms are expected to drive the Spreads Market in the CIS region in the coming years.

Customer preferences: As health and wellness concerns continue to grow, consumers in the Spreads Market of the Spreads & Sweeteners Market within The Food market are actively seeking healthier options. This has led to an increase in demand for natural and organic spreads, as well as alternative sweeteners such as stevia and honey. Additionally, there has been a shift towards plant-based spreads and sweeteners, driven by the rise of vegan and vegetarian diets. This trend is expected to continue as consumers become more health-conscious and environmentally aware.

Trends in the market: In CIS and Spreads Market of the Spreads & Sweeteners Market within The Food market, there is a growing trend towards healthier and more natural spreads and sweeteners. This is driven by increasing consumer awareness and demand for cleaner labels and natural ingredients. As a result, companies are investing in research and development to create innovative products using alternative sweeteners such as stevia and monk fruit. This trend is expected to continue, with potential implications for industry stakeholders including increased competition and the need for product differentiation to meet evolving consumer preferences.

Local special circumstances: In the CIS and Spreads Market of the Spreads & Sweeteners Market within The Food market, local factors such as cultural preferences and regulatory restrictions play a significant role in shaping the market dynamics. For example, in China, there is a strong demand for natural and organic spreads, while in Russia, there are strict regulations on sugar content in spreads, leading to the popularity of alternative sweeteners. Additionally, in the CIS region, the use of traditional spreads like honey and jam is deeply ingrained in the culture, creating a unique market landscape.

Underlying macroeconomic factors: The Spreads Market of the Spreads & Sweeteners Market within The Food market is heavily influenced by macroeconomic factors such as consumer spending power, global economic conditions, and government regulations. Countries with stable economic growth and increasing disposable income levels are experiencing higher demand for spreads and sweeteners, as consumers have more purchasing power and are willing to spend on indulgent food products. Additionally, government policies and regulations related to food production and trade can also impact the market, with stricter regulations potentially limiting market growth and increasing production costs for manufacturers.

Data coverage:

The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).

Modeling approach:

Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.