While butter and spreads are expected to experience a growth slowdown in the forecast period, mainly due to anticipated price decreases, butter is poised to stand out as the strongest performing category. Over the years, the perception of butter has improved, now being regarded as an essential component of a healthy diet and lifestyle.
The dynamics within butter and spreads will be significantly influenced by the level of food inflation. Currently, consumers have curtailed their consumption or shifted to more affordable alternatives due to elevated prices.
Butter and spreads will gain from innovative strategies implemented by companies, including the introduction of plant-based alternatives that consumers are currently seeking. The category has reached a level of maturity that necessitates innovation to stimulate growth.
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Understand the latest market trends and future growth opportunities for the Butter and Spreads industry in Canada 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.
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Butter and Spreads
This is the aggregation of butter, cooking fats and margarine and spreads.
See All of Our DefinitionsThis report originates from Passport, our Butter and Spreads research and analysis database.
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