Due to the outbreak of COVID-19, sweet spreads is expected to record faster growth in value and volume terms in 2020, compared to 2019. Chocolate spreads is set to lead both volume and value growth, benefiting from having multiple uses. Jams and preserves is set to follow chocolate spreads, also recording high levels of growth. While traditional grocery retailers is set to account for the bulk of sales, the improved demand for sweet spreads was also observed through e-commerce, especially for ja…
Euromonitor International’s Sweet Spreads in Philippines report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2015-2019, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market – be they new product developments, distribution or pricing issues. Forecasts to 2024 illustrate how the market is set to change.
Product coverage: Chocolate Spreads, Honey, Jams and Preserves, Nut and Seed Based Spreads.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
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* Get a detailed picture of the Sweet Spreads market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.
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Table of Content
Sweet Spreads in the Philippines
List OF CONTENTS AND TABLES
KEY DATA FINDINGS
The lockdown improves sales through e-commerce, while chocolate spread leads value and volume growth
More time spent at home improves sales of baked goods, supporting growth for sweet spreads
Newborn Food Products retains its lead; however, the top three players lose share
RECOVERY AND OPPORTUNITIES
Growth will be driven by sweet spreads relationship with baked goods, and the ease and convenience of its use
Following the outbreak of COVID-19, price-sensitivity increases, boosting sales for affordable and local brands
Nut and seed based spread players focus on innovation, while the outbreak of COVID-19 brings focus to locally sourced ingredients
Table 1 Sales of Sweet Spreads by Category: Volume 2015-2020
Table 2 Sales of Sweet Spreads by Category: Value 2015-2020
Table 3 Sales of Sweet Spreads by Category: % Volume Growth 2015-2020
Table 4 Sales of Sweet Spreads by Category: % Value Growth 2015-2020
Table 5 Sales of Jams and Preserves by Leading Flavours: Rankings 2015-2020
Table 6 NBO Company Shares of Sweet Spreads: % Value 2016-2020
Table 7 LBN Brand Shares of Sweet Spreads: % Value 2017-2020
Table 8 Distribution of Sweet Spreads by Format: % Value 2015-2020
Table 9 Forecast Sales of Sweet Spreads by Category: Volume 2020-2025
Table 10 Forecast Sales of Sweet Spreads by Category: Value 2020-2025
Table 11 Forecast Sales of Sweet Spreads by Category: % Volume Growth 2020-2025
Table 12 Forecast Sales of Sweet Spreads by Category: % Value Growth 2020-2025
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