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Global Fruit Spreads Market 2016-2020

Global Fruit Spreads Market 2016-2020

About Fruit Spreads

The use of jams, jellies, and preserves is increasing in salads, cookies, sandwiches, and smoothies as customers are willing to expand their taste palate. With an increase in health consciousness among consumers, vendors are focusing on products that are both indulgent, have high fruit content, and/or are sugar-free. So, the consumers are slowly shifting to fruit spreads, which are sugar-free, from the traditional jams and jellies that have added sugar.

Technavio’s analysts forecast the global fruit spreads market to grow at a CAGR of 3.08% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global fruit spreads market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of fruit spreads to individual consumers.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • Europe
  • MEA
Technavio's report, Global Fruit Spreads Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Cascadian Farm
  • Crofters Food
  • The J.M. Smucker Company
  • Polaner
  • Really Good
  • Santa Cruz
Other prominent vendors
  • Baxter & Sons
  • Bionaturae
  • Meridian Foods
  • National Grape Co-operative Association
  • Orkla Group
  • Premier Foods
  • Welch
Market driver
  • Need for convenience by consumers.
  • For a full, detailed list, view our report
Market challenge
  • Increasing obesity among consumers.
  • For a full, detailed list, view our report
Market trend
  • Rising demand from millennials for new innovative offerings.
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Fruit Spreads Market 2016-2020

Technavio recognizes the following companies as the key players in the global fruit spreads market: Cascadian Farm, Crofters Food, The J.M. Smucker Company, Polaner, Really Good, and Santa Cruz.

Other prominent vendors in the market are: Baxter & Sons, Bionaturae, Meridian Foods, National Grape Co-operative Association, Orkla Group, Premier Foods, and Welch.

Commenting on the report, an analyst from Technavio’s team said: “One of latest trends in the market is increase in private labels. The number of private-label brands for fruit spreads has been increasing worldwide with an increase in organized retailing. A large percentage of the growth of private-label brands is because of the consolidation and expansion of the retail food industry. Many retailers are also entering this market by increasing their investments in perishable food products, attracted by the growing popularity of fruit spreads for at-home consumption. For instance, private labels represented about 33% of the UK's fruit spread sales in 2014. In the US, Kroger has developed private-label products under its Value, Kroger, and private selection product lines.”

According to the report, one of the primary drivers in the market is demand for gourmet fruit spreads. Consumers perceive gourmet fruit spreads as self-indulgent luxuries and they are thus used for gifting. Many individuals are introduced to gourmet fruit spreads through personal gifts from friends and relatives, business gifts, or host gifts. Consumers are also purchasing these products for themselves, which increases the demand for fruit spreads. Consumers like to indulge in new products due to increased disposable income. They are willing to pay a higher price for such products as these products are perceived to have exceptional characteristics and be healthy.

Further, the report states that one major challenge in the market is rise in cost of ingredients. A major challenge for vendors is the rising costs incurred in the procurement of high-quality ingredients like fruits for fruit spreads. A variety of fruits are required to manufacture fruit spreads. For instance, the prices of fruits and nuts have increased significantly in many countries because of supply constraints in the past two years due to various natural calamities. Such fluctuations and volatility in prices often create problems in production and pricing for vendors. In addition, these lead to inconsistency in the quality of products, hampering the demand for the market. In 2013, Japan-based Kewpie announced a rise in prices of major fruit spread products by 4%-7%, due to higher costs of imported fruits with the yen’s depreciation against other currencies. Therefore, the rising prices can hamper the growth of the market.

Companies Mentioned

Cascadian Farm, Crofters Food, The J.M. Smucker Company, Polaner, Really Good, Santa Cruz, Baxter & Sons, Bionaturae, Meridian Foods, National Grape Co-operative Association, Orkla Group, Premier Foods, Welch.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Key countries in each region
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • Table Overview of global fruit spreads market
    • Global fruit spreads market
      • Table Global fruit spreads market 2015-2020 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by distribution channel
    • Table Global fruit spreads market by distribution channel 2015
    • Table Number of supermarkets in US 2013-2015
    • Table Number of convenience stores 2014 and 2015
    • Table Analysis of different retail formats based on key parameters
  • Geographical segmentation
    • Table Global fruit spreads market by geography 2015 and 2020
    • Fruit spreads market in Europe
      • Table Fruit spreads market in Europe 2015-2020 ($ millions)
    • Fruit spreads market in Americas
      • Table Fruit spreads market in Americas 2015-2020 ($ millions)
    • Fruit spreads market in APAC
      • Table Fruit spreads market in APAC 2015-2020 ($ millions)
    • Fruit spreads market in MEA
      • Table Fruit spreads market in MEA 2015-2020 ($ millions)
  • Key leading countries
    • Table Key leading countries
    • US
      • Table Fruit spreads market in US 2015-2020 ($ millions)
    • Japan
      • Table Fruit spreads market in Japan 2015-2020 ($ millions)
    • UK
      • Table Fruit spreads market in UK 2015-2020 ($ millions)
    • Brazil
      • Table Fruit spreads market in Brazil 2015-2020 ($ millions)
    • China
      • Table Fruit spreads market in China 2015-2020 ($ millions)
  • Market drivers
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Table Obesity rates among adult population (18+) in some countries 2015
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
  • Key vendor analysis
    • Cascadian Farm
      • Table Cascadian Farm: Strength and weakness
      • Table Cascadian Farm: Geographic presence
    • Crofters Food
      • Table Crofters Food: Product segmentation in global fruit spreads market
      • Table Strength and weakness
      • Table Crofters Food: Geographic presence
    • The J.M. Smucker Company
      • Table The J.M. Smucker Company: Product offerings
      • Table The J.M. Smucker Company: Strength and weakness
      • Table The J.M. Smucker Company: Geographic presence
    • Polaner
      • Table Polaner: Product segmentation in global fruit spreads market
      • Table Polaner: Strength and weakness
      • Table Polaner: Geographic presence
    • Really Good
      • Table Product segmentation in global fruit spreads market
      • Table Really Good: Strength and weakness
      • Table Really Good: Geographic presence
    • Santa Cruz
      • Table Santa Cruz: Geographic presence
  • Appendix
    • List of abbreviations
  • Explore Technavio

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