Market Size of Fruit Spreads Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 4.12 % |
Fastest Growing Market | Asia-Pacific |
Largest Market | Europe |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Fruit Spreads Market Analysis
- The global fruit spreads market is projected to register a CAGR of 4.12% during the forecast period.
- Consumers across the world have a strong liking for fruit spreads, including jams, jellies, preserves, etc. The rising inclination towards consuming fruit-based products with large nutritional value in fiber, vitamins, etc., adds to the enhanced consumption of fruit spreads. In addition, the availability of fruit spreads in different flavors and textures and their use in baked products, desserts, snacks, and salad dressings further supports the demand and growth of fruit spreads globally.
- Amid the rising health concerns, consumers in the market are gravitating towards consuming less sugary items. Following the market trends, manufacturers in the global market are launching products made with less sugar and organic and premium ingredients.
- Several high-quality jams, jellies, and preserves launched are GMO-free, gluten-free, and loaded with fiber and less sugar content than conventional jams, jellies, and preserves, attracting consumers towards their consumption and thereby supporting market growth. Furthermore, green labels, ethical claims, fair trades, convenience, and health credentials are some of the most prominent attributes for market growth.