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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Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Mar 2024
Sources: Statista Market Insights, Statista Consumer Insights Global
Most recent update: Nov 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
The Spreads Market in Germany is facing negligible growth, influenced by factors such as the increasing demand for healthier alternatives, growing consumer awareness about the negative effects of high sugar consumption, and the availability of a wide range of options in the sub-markets. The market is also impacted by the trend towards more natural and organic products, as well as the rising popularity of homemade spreads.
Customer preferences: In Germany, consumers are showing a growing interest in natural and organic spreads and sweeteners, driven by rising health-consciousness and demand for clean label products. Additionally, the trend towards plant-based diets is also influencing the market, with consumers seeking alternatives to traditional animal-based spreads and sweeteners. This is further supported by an increasing focus on sustainability and ethical consumption, as well as a preference for locally sourced products. Moreover, convenience and on-the-go consumption are becoming more important factors for consumers, leading to a rise in single-serve and portable spread and sweetener options.
Trends in the market: In Germany, the Spreads & Sweeteners Market within The Food market is seeing a growing demand for organic and natural spreads, as consumers become more health-conscious. This trend is also reflected in the rise of vegan and plant-based spreads, with a focus on sustainable and ethical production methods. In addition, there is a shift towards smaller, artisanal spreads and regional specialties, as consumers seek out unique and authentic flavors. These trends are significant for industry stakeholders as they must adapt to changing consumer preferences and invest in sustainable and ethical production methods to remain competitive in the market. This trajectory is expected to continue, with potential implications such as increased competition and the need for innovative product offerings.
Local special circumstances: In Germany, the Spreads & Sweeteners market is heavily influenced by the country's strong emphasis on organic and natural products. With a well-established culture of health-conscious eating, German consumers prioritize products that are free from artificial ingredients and preservatives. This has led to a rise in demand for organic and natural spreads and sweeteners. Additionally, the country's strict food regulations and labeling requirements have also shaped market dynamics, with a focus on transparency and traceability.
Underlying macroeconomic factors: The Spreads Market of the Spreads & Sweeteners Market within The Food market in Germany is greatly impacted by macroeconomic factors such as consumer spending, economic growth, and government policies. As the largest economy in Europe, Germany's economic health and stability greatly influence the performance of its food market. With a strong focus on sustainability and health-consciousness, consumers in Germany are increasingly demanding natural and organic products, leading to a rise in the demand for spreads and sweeteners made from natural ingredients. Furthermore, government initiatives promoting healthy eating and stricter regulations on food labeling also play a significant role in driving market growth. Additionally, the growing trend of plant-based diets and the increasing popularity of veganism in Germany are creating opportunities for new and innovative spreads and sweeteners in the market.
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.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights