Increasing domestic production is a key factor in the development of sweet spreads in Uzbekistan. Domestic spreads manufacturers invested in improving the quality of their products and diversifying their offer towards the end of the review period, providing Uzbekistani consumers with an expanding range of affordable sweet spreads.
Honey is a category that is set to benefit from increasing local production during the forecast period. The President’s approval of the Beekeeping Industry Development Programme for 2017-2021 is expected to lead to the production of honey products increasing from 15,400 tonnes to 23,700 tonnes.
Chocolate spreads is expected to be the fastest-growing sweet spreads category over the forecast period, as it continues to expand from a relatively low base and does not see growth dampened by intensifying pricing competition to the same extent as other categories.
Sharf Shirin XF retained the lead in sweet spreads with an increased value share in 2018. The company’s strength and share growth were founded on the popularity of its Chococream and Chocotella brands in the expanding chocolate spreads category.
Relatively new entrants to sweet spreads performed well in 2018. Samo-Product and Chocolate Gold, which both entered the category in 2016, saw their brands maintain momentum and continue to build consumer bases in the final year of the review period.
Domestic manufacturers dominate sweet spreads, with the higher prices of international brands such as Nutella limiting the size of their potential consumer bases. Moreover, the strength of domestic players is set to be bolstered by increasing investment in local production during the forecast period.
You have no recently viewed reports.
Why not browse through our Featured or Trending Reports to see what we have to offer?
Discover the latest market trends and uncover sources of future market growth for the Spreads industry in Uzbekistan 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 Spreads industry in Uzbekistan, our research will save you time and money while empowering you to make informed, profitable decisions.
The Spreads in Uzbekistan market research report includes:
Our market research reports answer questions such as:
Why buy this report?
This industry report originates from Passport, our Packaged Food market research database.