India Spreads Market Report 2022-2027 PDF : Industry Trends, Share, Size, Demand

1. Spreads Market Report 2023 By Product Type, Distribution Channel and Income Group Key Regions and Competitive Landscape www.imarcgroup.com Sales@imarcgroup.com +1-631-791-1145 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved

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3. Report Description and Highlights Report Description India Spreads Market Outlook 2023-2028: The India spreads market reached a value of US$ 202.80 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 674.20 Million by 2027, exhibiting a CAGR of 22.40% during 2022-2027. Spreads are condiments commonly used on crackers, bread, waffles, and toast. They are a popular food product that generally improves the taste and texture of the food and is usually made with nuts, spices, herbs, milk, cocoa, and fruits. They are also used in manufacturing ice cream, dips, smoothies, and salad dressings. As a result, spreads are gaining immense traction in India due to easy product availability through online and offline organized retail channels and the expansion of quick-service restaurants (QSR) and food joints. Request for a free sample report: https://www.imarcgroup.com/india-spreads- market/requestsample

4. Report Description and Highlights Report Description India Spreads Market Trends: The India spreads market is primarily driven by the rapid growth in the food sector and the easy availability of diversified product variants with exotic flavors. Additionally, several key players are heavily investing in launching sugar-free and healthy alternatives of the product due to the increasing health consciousness among the masses, which in turn is positively influencing the market growth. Besides this, the growing popularity of Western food and convenient, on-the-go meals owing to hectic schedules and sedentary lifestyles of individuals has augmented the demand for spreads. Moreover, the surging adoption of numerous innovative marketing strategies, promotional campaigns, and celebrity endorsements by manufacturers and sellers is another major growth-inducing factor. Furthermore, ongoing research and development (R&D) activities by key players across the country to introduce products with prolonged shelf life have catalyzed market growth. Other factors, including the widespread integration of advanced technologies with production processes, inflating consumer disposable incomes, shifting lifestyle preferences, and changing dietary patterns, are also anticipated to drive the market further.

5. Report Description Report Description and Highlights Market Summary: Breakup by Product Type: • Jam • Chocolate spreads • Peanut Butter • Syrup • Others Breakup by Distribution Channel: • Convenience Stores • Supermarkets and Hypermarkets • Online Stores • Others

6. Report Description Report Description and Highlights Breakup by Income Group: • Upper-Middle (INR 5.5 lacs – 27.5 lacs) • High-Income (Greater than INR 27.5 lacs) • Lower-Middle (INR 2.5 lacs- INR 5.5 lacs) • Low-Income (Less than INR 2.5 Lacs) Breakup by Region: • North India • South India • West and Central India • East India On account of the aforementioned factors, the market is anticipated to witness strong growth during 2023-2028.

7. Report Description Report Description and Highlights Competitive Landscape With Key Players: • Hindustan Unilever Limited • G.D. Foods Manufacturing India Pvt. Ltd. • Mapro Foods Pvt. Ltd • Ferrero India Pvt. Ltd. • Dr. Oetker India Pvt. Ltd. • Hershey India Pvt. Ltd. • Agro Tech Foods Ltd View Report TOC, Figures, and Tables: https://www.imarcgroup.com/india-spreads-market

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10. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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