Country Report

Butter and Margarine in

Butter and Spreads in Azerbaijan

Sep 2020

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Executive Summary

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If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

2020 IMPACT

Cash-strapped consumers favour margarine and spreads during lockdown

Butter and spreads will be negatively impacted in 2020 due to the COVID-19 outbreak. The pandemic has caused a decrease in purchasing power amongst Azerbaijanis, meaning that since lockdown was implemented in Q2, they have been prioritising more essential foods.

Importations threaten local players

Local company Baku Yag & Gida Senaye ASC will continue leading butter and spreads in 2020, with it benefiting from the widespread availability of its products in both modern grocery retailers and traditional grocery retailers. As well as local companies, imports from former Soviet countries such as Russia, Ukraine and Belarus also performed well in 2020, with these typically having lower prices than imported European brands.

Unit prices drop significantly in 2020

Butter and spreads remain popular in Azerbaijan, with these products used as a cooking ingredient as well as separately as a spread on bread and other baked products. Traditionally, butter was regarded as an essential product by consumers.

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Overview

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Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.

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Overview

Discover the latest market trends and uncover sources of future market growth for the Butter and Margarine industry in Azerbaijan with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Butter and Margarine industry in Azerbaijan, our research will save you time and money while empowering you to make informed, profitable decisions.

The Butter and Margarine in Azerbaijan market research report includes:

Analysis of key supply-side and demand trends
Detailed segmentation of international and local products
Historic volumes and values, company and brand market shares
Five year forecasts of market trends and market growth
Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

What is the market size of Butter and Margarine in Azerbaijan?
What are the major brands in Azerbaijan?
Are consumers in emerging markets moving from unpackaged to packaged oils and fats?
What are the sales prospects for “healthy” cooking oils?
Will retail sales suffer as economic prospects improve and consumers move back to eating out rather than cooking at home?

Why buy this report?

Gain competitive intelligence about market leaders
Track key industry trends, opportunities and threats
Inform your marketing, brand, strategy and market development, sales and supply functions

This industry report originates from Passport, our:

Packaged Food market research database.

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Butter and Spreads in Azerbaijan - Category analysis

KEY DATA FINDINGS

2020 IMPACT

Cash-strapped consumers favour margarine and spreads during lockdown

Importations threaten local players

Unit prices drop significantly in 2020

RECOVERY AND OPPORTUNITIES

Margarine and spreads will benefit from the post lockdown recession whilst butter will suffer

A shift away from unpackaged butter is to be expected

Shifts in retailing post lockdown as modern grocery retailers flourish

CATEGORY DATA

Table 1 Sales of Butter and Spreads by Category: Volume 2015-2020
Table 2 Sales of Butter and Spreads by Category: Value 2015-2020
Table 3 Sales of Butter and Spreads by Category: % Volume Growth 2015-2020
Table 4 Sales of Butter and Spreads by Category: % Value Growth 2015-2020
Table 5 NBO Company Shares of Butter and Spreads: % Value 2016-2020
Table 6 LBN Brand Shares of Butter and Spreads: % Value 2017-2020
Table 7 Distribution of Butter and Spreads by Format: % Value 2015-2020
Table 8 Forecast Sales of Butter and Spreads by Category: Volume 2020-2025
Table 9 Forecast Sales of Butter and Spreads by Category: Value 2020-2025
Table 10 Forecast Sales of Butter and Spreads by Category: % Volume Growth 2020-2025
Table 11 Forecast Sales of Butter and Spreads by Category: % Value Growth 2020-2025

Packaged Food in Azerbaijan - Industry Overview

EXECUTIVE SUMMARY

COVID-19 impact on packaged food

COVID-19 country impact

Company response

Retailing shift

Foodservice vs retail split

What next for packaged food?

FOODSERVICE

Sales to Foodservice

COVID-19 severely affects sales of packaged food to foodservice outlets
Foodservice outlets able to adapt to changing economic times are anticipated to continue to fare well
Companies with diverse portfolios are likely to fare better

Category Data

Table 12 Foodservice Sales of Packaged Food by Category: Volume 2015-2020
Table 13 Foodservice Sales of Packaged Food by Category: % Volume Growth 2015-2020
Table 14 Forecast Foodservice Sales of Packaged Food by Category: Volume 2020-2025
Table 15 Forecast Foodservice Sales of Packaged Food by Category: % Volume Growth 2020-2025

MARKET DATA

Table 16 Sales of Packaged Food by Category: Value 2015-2020
Table 17 Sales of Packaged Food by Category: % Volume Growth 2015-2020
Table 18 Sales of Packaged Food by Category: % Value Growth 2015-2020
Table 19 GBO Company Shares of Packaged Food: % Value 2016-2020
Table 20 NBO Company Shares of Packaged Food: % Value 2016-2020
Table 21 LBN Brand Shares of Packaged Food: % Value 2017-2020
Table 22 Distribution of Packaged Food by Format: % Value 2015-2020
Table 23 Distribution of Packaged Food by Format and Category: % Value 2020
Table 24 Forecast Sales of Packaged Food by Category: Volume 2020-2025
Table 25 Forecast Sales of Packaged Food by Category: Value 2020-2025
Table 26 Forecast Sales of Packaged Food by Category: % Volume Growth 2020-2025
Table 27 Forecast Sales of Packaged Food by Category: % Value Growth 2020-2025

Megatrends

Country Report

Butter and Spreads in Azerbaijan

New Report Guarantee

Executive Summary

New Report Guarantee

2020 IMPACT

Cash-strapped consumers favour margarine and spreads during lockdown

Importations threaten local players

Unit prices drop significantly in 2020

Overview

Why buy this report?

Samples

Overview

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Table of Contents

Butter and Spreads in Azerbaijan - Category analysis

KEY DATA FINDINGS

2020 IMPACT

Cash-strapped consumers favour margarine and spreads during lockdown

Importations threaten local players

Unit prices drop significantly in 2020

RECOVERY AND OPPORTUNITIES

Margarine and spreads will benefit from the post lockdown recession whilst butter will suffer

A shift away from unpackaged butter is to be expected

Shifts in retailing post lockdown as modern grocery retailers flourish

CATEGORY DATA

Packaged Food in Azerbaijan - Industry Overview

EXECUTIVE SUMMARY

COVID-19 impact on packaged food

COVID-19 country impact

Company response

Retailing shift

Foodservice vs retail split

What next for packaged food?

FOODSERVICE

Sales to Foodservice

Category Data

MARKET DATA

GLOBAL MACROECONOMIC ENVIRONMENT

GLOBAL INDUSTRY ENVIRONMENT

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