PUBLISHER: MarketLine | PRODUCT CODE: 1878460
PUBLISHER: MarketLine | PRODUCT CODE: 1878460
Global Syrups & Spreads industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume , and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Syrups & Spreads market includes retail sales of jams, jellies & preserves, syrups, savory spreads, molasses, and sweet spreads. The market is valued according to retail selling price (RSP) and includes any applicable taxes.
By distribution channel, the market is segmented into independent stores, supermarkets, food & drinks specialists, hypermarkets, and others. The scope of others includes e-commerce, convenience stores, discounters, cash & carries, warehouse clubs, department stores, drug stores & pharmacies, and variety stores & general merchandise retailers.
All market data and forecasts are based on nominal prices and all currency conversions used in the creation of this report have been calculated using yearly annual average exchange rates. The USD values may show a declining trend for few countries such as Argentina, Turkey, Nigeria, Egypt, and Russia. This is primarily because of the impact of exchange rates considered.
The global syrups & spreads market recorded revenues of $38,995.9 million in 2024, representing a compound annual growth rate (CAGR) of 5.5% between 2019-24.
Market consumption volume increased with a CAGR of 2.5% between 2019-24, reaching a total of 4,662.0 million kilograms in 2024.
The global syrups & spreads market experienced a healthy growth during the review period (2019-24), driven by an increase in disposable incomes of consumers, which led to increased investment in gourmet foods.