Key regions: Canada, Philippines, China, Spain, India
The Spreads Market in Qatar is experiencing slow growth due to factors such as limited consumer awareness and availability of traditional sweeteners. However, the increasing demand for healthier alternatives and convenience of online shopping could drive growth in the Jams & Marmalades, Chocolate Spreads, and Peanut Butter sub-markets. The subdued growth rate may also be influenced by the country's traditional food culture and preference for natural ingredients.
Customer preferences: Consumers in Qatar are increasingly opting for healthier and natural spreads and sweeteners, in line with global health and wellness trends. This can be attributed to a growing awareness about the harmful effects of artificial sweeteners and processed foods. As a result, there has been a rise in demand for products made with natural and organic ingredients, as well as those that cater to specific dietary preferences such as vegan, gluten-free, and sugar-free. This trend is also influenced by the rise in health-conscious millennials and the growing expatriate population in the country.
Trends in the market: In Qatar, the Spreads & Sweeteners Market within The Food market is experiencing a surge in demand for healthier and natural alternatives to traditional spreads and sweeteners. There is a growing trend of using organic and natural ingredients in spreads and sweeteners, as consumers are becoming more health-conscious. This trend is expected to continue, with an increasing number of consumers seeking out products with clean labels and fewer artificial ingredients. This shift towards healthier options presents opportunities for industry stakeholders to innovate and cater to the changing preferences of consumers. It also highlights the need for clear labeling and transparency in the ingredients used, as well as potential challenges for manufacturers to source and produce these ingredients sustainably.
Local special circumstances: In Qatar, the Spreads & Sweeteners Market within The Food market is heavily influenced by the country's large expatriate population, which has led to a demand for international brands and products. Additionally, the local culture places a strong emphasis on hospitality and sharing food, leading to a high consumption of spreads and sweeteners. Furthermore, the government's focus on promoting healthy eating habits has resulted in a growing demand for natural and low-sugar options in the market. These factors contribute to the unique market dynamics in Qatar, setting it apart from other markets in the region.
Underlying macroeconomic factors: The Spreads Market of the Spreads & Sweeteners Market within The Food market in Qatar is influenced by macroeconomic factors such as the country's economic stability and growth, government policies that promote investment in the food industry, and global market trends. Qatar's strong economic growth and increasing disposable income among its population have led to a growing demand for convenience foods, including spreads and sweeteners. Additionally, the rising health consciousness and growing preference for natural and healthier alternatives are also driving market growth. Government initiatives to promote food security and reduce dependence on imports have also created opportunities for the growth of the spreads and sweeteners market in Qatar.
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.
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