Sweet spreads are set to see solid value growth over the forecast period, with jams and preserves set to be both the most dynamic and largest category. The price inflation seen during 2021 and 2022 will impact the category throughout the forecast period although it will not impact consumption levels.
The chocolate spreads category will continue to grow in the future, due to its strong popularity among Azerbaijanis, notably children and despite the general trend towards the consumption of healthier products with a reduced sugar content. The distinction between premium brands represented by Nutella and more affordable brands such as Turkish brands OZMO and local brands Shokki Mokki will continue.
The majority of honey consumed in the country will be purchased outside official retail outlets in Azerbaijan’s open markets. An emphasis on local production will help to maintain sales in the informal channel, supported by government efforts to promote local production.
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Understand the latest market trends and future growth opportunities for the Sweet Spreads industry in Azerbaijan 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.
If you're in the Sweet Spreads industry in Azerbaijan, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Excludes: Any products sold unpackaged or in bulk; margarine, butter substitutes, vegetable-oil based, yeast-based, and meat/seafood-based spreads.
See All of Our DefinitionsThis report originates from Passport, our Sweet Spreads research and analysis database.
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