Market Research on Syrups & Spreads Market in the Uae
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- Date Submitted: 03/01/2016 10:30 PM
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Mar 02nd 2016 Mumbai, India:Bharatbook.com announces a report on “ Market Research on Syrups & Spreads Market in the UAE ”. Consumer and Market Insights report on the Syrups & Spreads market in the UAE provides insights on high growth categories to target, trends in the usage of packaging materials, types and closures category level distribution data and brands market shares. https://www.bharatbook.com/food-market-research-reports-751342/consumer-market-insights-syrups-spreads-uae.html
Summary
The UAE is a very cosmopolitan society with people from different countries making it their home. Exposure to cultures from different parts of the world has spurred demand for Syrups & Spreads offering new tastes and flavors. Sweet Spreads is the leading value category, accounting for just a little less than two-thirds of the overall Syrups & Spreads market in 2015. Savory Spreads category is forecast to register the fastest growth during the forecast period.
Key Findings
• Of the five categories analyzed, Sweet Spreads will be the largest value category registering a CAGR of 9.2% during 2015-2020
• Men account for majority of Molasses consumption in the UAE
• Hypermarkets & Supermarkets is the leading distribution channel in the UAE food market, accounted for half of the distribution share.
• Private label products had high market penetration of 17.5% in 2015. They compete with brands, which has resulted in a Private Label products gaining market share from brands during 2012-2015
• The Syrups & Spreads market in the UAE is led by players such as Hero Group and Ferrero SPA
• Jams & Jellies in convenient and attractive packaging will experience faster growth in the UAE Syrups & Spreads market
Synopsis
Consumer and Market Insights report on the Syrups & Spreads market in the UAE provides insights on high growth categories to target, trends in the usage of packaging materials, types and closures...
Summary
The UAE is a very cosmopolitan society with people from different countries making it their home. Exposure to cultures from different parts of the world has spurred demand for Syrups & Spreads offering new tastes and flavors. Sweet Spreads is the leading value category, accounting for just a little less than two-thirds of the overall Syrups & Spreads market in 2015. Savory Spreads category is forecast to register the fastest growth during the forecast period.
Key Findings
• Of the five categories analyzed, Sweet Spreads will be the largest value category registering a CAGR of 9.2% during 2015-2020
• Men account for majority of Molasses consumption in the UAE
• Hypermarkets & Supermarkets is the leading distribution channel in the UAE food market, accounted for half of the distribution share.
• Private label products had high market penetration of 17.5% in 2015. They compete with brands, which has resulted in a Private Label products gaining market share from brands during 2012-2015
• The Syrups & Spreads market in the UAE is led by players such as Hero Group and Ferrero SPA
• Jams & Jellies in convenient and attractive packaging will experience faster growth in the UAE Syrups & Spreads market
Synopsis
Consumer and Market Insights report on the Syrups & Spreads market in the UAE provides insights on high growth categories to target, trends in the usage of packaging materials, types and closures...