Nut and seed based spreads continue to experience strong growth and this trend will remain the same over the forecast period. Such products lend themselves well to the rising health and wellness trends, being seen as far healthier than other types of sweet spreads such as jams and preserves, and manufacturers have capitalised on this demand through supply.
Following on from the aforementioned health and wellness trends, as enhanced by the time of the pandemic, a growing number of consumers are seeking to lower their consumption of sugar and fat. Therefore, there are opportunities for sugar-free sweet spreads, as well as for reduced-sugar products.
Honey has been another winner due to health and wellness trends, especially during the time of COVID-19, thanks to its high content of minerals, vitamins, and trace elements. Indeed, honey performed particularly well during the pandemic, as it was seen as a way to boost the immune system and is frequently used to treat coughs and sore throats.
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Understand the latest market trends and future growth opportunities for the Sweet Spreads industry in Peru 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 Peru, 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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