Consumer and Market Insights: Syrups & Spreads market in Turkey
Sweet Spreads is the leading value category, accounting for two-thirds of the Syrups & Spreads market in 2015. Molasses, which is the smallest value category, is forecast to register the fastest growth during 2015-2020. Turkey is a largely urbanized country with urbanization increasing at a rate of 1.97% per annum. Urban dwellers in the country lead very busy lifestyles and therefore the demand for Syrups & Spreads products packaged in convenient formats that enable on-the-go consumption, will be high.
The Turkish Syrups & Spreads market will register higher growth both in value and volume terms during 2015-2020 compared to 2010-2015.
Among all the Syrups & Spreads categories, the Molasses category will register the fastest growth at a CAGR of 4.5% during 2015-2020.
Value and On-The -Go are the major trends that are driving the Turkish Syrups & Spreads market.
Demand for locally-made products will increase in the Turkish Syrups & Spreads market.
Hypermarkets & Supermarkets is the leading distribution channel in the Turkish Syrups & Spreads market.
Jar is the most commonly used container type in the Syrups & Spreads market in Turkey.
Canadean’s Consumer and Market Insights report on the Syrups & Spreads market in Turkey provides insights on high growth categories to target, trends in the usage of packaging materials, types and closures category level distribution data and brands market shares.
What else is contained?
Market data: Overall market value and volume data with growth analysis for 2010-2020
Category coverage: Value and growth analysis for Syrups, Molasses, Sweet Spreads, Jams, Jellies & Preserves and Savory Spreads with inputs on individual segment share within each category and the change in their market share forecast for 2015-2020
Leading players: Market share of brands and private labels, including private label growth analysis from 2012-2015
Distribution data: Percentage of sales within each category through distribution channels such as Hypermarkets & Supermarkets, Convenience Stores, Food & Drinks Specialists and others in 2015
Packaging data: consumption breakdown for packaging materials and containers in each category, in terms of percentage share of number of units sold. Packaging material data for glass, rigid plastics, flexible packaging and others; container data for: Jar, Bottle, Tube, Bag/Sachet and others
Consumer level trends: Top four consumer trends, which influence Syrups & Spreads products consumption
Future outlook: Reviews and recommendations on how the market will shape up from 2015-2020
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