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Market Dynamics
The convenience with which such products can be bought and used is a major reason why people opt for these. They are ready to eat products with numerous health benefits. With people in the urban areas leading a busy lifestyle, many the sales of these food spreads is growing at a high rate. The sales of bread directly affect the sales of the jams and preserves. More the sales of bread, much better is the situation for the players in this market. The producers are determined on attracting the health freak population by increasing the amount of fruit content in the spreads. Introduction of sugar free commodities is also a measure to help people lead a healthy lifestyle. Many local companies are also coming up which are providing stiff competition to their international counterparts.
There are numerous factors which restrain the growth of this market. Mass production of commodities is boon and a bane. With a large number of products being produced all at once, there is a huge chance of a bad batch being produced. Consumer trust has a very thin base. There are numerous examples which show how big companies have been brought into question. The rising cost of raw materials used for production is also a major blow to the growth of the market.
Market Segmentation
The jam and preserves market can be segmented by:
> Product types
> Flavors
> Ingredients
> Distribution channels
> Geography
In the product segment, jam accounted the largest share in the market, followed by jelly.
In the flavors segment, the market is segmented into:
> Blackberry
> Raspberry
> Strawberry
> Apricot
> Grape
> Blueberry flavors
> Mixed
> Others
On the grounds of distribution channels, the market can be classified into:
On the basis of geography, the market is classified into the following:
--> America
--> APAC (Asia Pacific)
--> Europe
--> MEA (Middle East and Africa)
Geographical Analysis
Europe and North America lead the market in terms of consumption. With the people in these regions being subject to urbanization, the busy lifestyle has made these food spreads a popular choice. The growing population in countries like Brazil, India, China, Japan, South Africa, etc. also provides a major growth opportunity for the players in the market.
Key Players
B&G Foods, Baxter & Sons, Bonne Maman, Centura Foods, ConAgra Foods Inc, Duerr& Sons, Ferrero Group, Hartley's, Hershey Company, J.M. Smucker, Kewpie
Report Contents:
> Market segments
> Market Drivers, Restraints and Opportunities
> Market Size & Forecast 2016 to 2022
> Supply & Demand Value Chain
> Market - Current Trends
> Competition & Major Companies
> Technology and R&D Status
> Porters Five Force Analysis
> Strategic and Critical Success Factor Analysis of Key Players
Regional Analysis:
> North America
>> US and Canada
> Latin America
>> Mexico, Brazil, Argentina and Rest of Latin America
> Western Europe
>> EU5 (Germany, France, Italy, Spain, U.K.)
>> Nordic Countries (Denmark, Finland, Norway, and Sweden)
>> Benelux (Belgium, The Netherlands, and Luxembourg)
>> Rest of Western Europe
> Eastern Europe
>> Russia
>> Poland
>> Rest of Eastern Europe
> Asia Pacific
>> China
>> India
>> Japan
>> Australia and New Zealand
>> Rest of Asia Pacific
> Middle East and Africa
>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
>> South Africa
>> North Africa
>> Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.
Report Highlights:
> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
> Consumer and Pricing Analysis
> Market dynamics of the industry
> Market Segmentation
> Estimated Market Sizing in terms of volume and value
> Recent trends in Market and impact
> Research Status and Technology Overview
> Extensive Industry Structure Coverage
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