Country Profile: Syrups & Spreads in Australia

Country Profile: Syrups & Spreads in Australia

Summary

The Australian syrups & spreads sector is led by the sweet spreads category in both value and volume terms in 2018.The category is also expected to register the fastest value growth during 2018-2023.Hypermarkets & supermarket is the leading channel for distribution of syrups & spreads sector in the country. Glass is the most commonly used pack material in the sector, followed by rigid plastics and rigid metal. Ferrero, Mondelez International, Inc and Capilano Honey Pty Ltd. are the leading market players in the Australian syrups & spreads sector.

GlobalData’s Country Profile report on the Syrups & Spreads sector in Australia provides insights on high growth categories to target, trends in the usage of package materials, category level distribution channel data and market share of brands.

Scope

- The Australian syrups & spreads sector is forecast to register growth at a CAGR of 4.9% during 2018-2023.
- The Australian consumers prefer premium products in the syrups & spreads sector
- The sweet spreads is the largest and fastest growing category in value terms
- The sweet spreads category is expected to gain maximum market share in volume terms during 2018-2023
- Sales of molasses with health & wellness claims are forecast to grow the fastest during 2018-2023.

Reasons to buy

- Identify high potential categories and explore further market opportunities based on detailed value and volume analysis
- Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
- Gain an understanding of the total competitive landscape based on detailed brand share analysis to plan effective market positioning
- Our team of analysts have placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion
- The packaging analysis report helps manufacturers, in identifying the most commonly used packaging materials in the sector
- Analysis on key macro-economic indicators such as real GDP, nominal GDP, consumer price index, household consumption expenditure, population (by age group, gender, rurral-urban split, and employed people and unemployment rate. It also includes economic summary of the country along with labor market and demographic trends.