Asia-Pacific Food Spreads Market - Segmented by Type and Geography - Trends and Forecasts (2015 - 2020)
The food spreads market in Asia Pacific accounted to a value of 3.7 billion USD. The major market players in this industry are Unilever Group, Wellness Foods Ltd., Premier Foods Plc, Ferrero Group and Auric Pacific Group Ltd. With changing dietary styles, bread has supplanted rice as a staple at the breakfast table of many Japanese households, and food makers are keen to capitalize on the development by offering a variety of spreads. By virtue of its sheer population Asia is a huge consumer of the food spreads. The spreads market is set to witness a growth of 23% in Asia. Hindustan Unilever is the leading brand for spreads in India holding a major share of 20%. South Korea and Taiwan witnessed a 2% retail value growth. The market for Jams and Jellies remained stagnant throughout 2014 and is not expected to show any significant growth. India and China are the major markets in Asia Pacific with a market share of 36% of the total retail sales. Key Deliverables in the Study • Market analysis for the Report title Asia Pacific food spread market, with region specific assessments and competition analysis on global and regional scales. • Market definition along with the identification of key drivers and restraints. • Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale. • Extensively researched competitive landscape section with profiles of major companies along with their market shares. • Identification and analysis of the macro and micro factors that affect the Report title Asia Pacific food spread market on both global and regional scales. • A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information. • A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market. • Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped.