Country Profile: Syrups & Spreads in Italy

Country Profile: Syrups & Spreads in Italy

Summary

The Italian syrups & spreads sector is led by the sweet spread category in value terms in 2018. The syrups category is expected to register the fastest growth in both value and volume terms during 2018-2023. Hypermarkets & supermarkets is the leading channel for the distribution of syrups & spreads products in the country. Health & wellness attributes such as ‘naturally healthy’ and consumer benefits such as ‘general wellbeing’ are expected to contribute the most to the growth of the health & wellness market. Ferrero, Rigoni Di Asiago Spa and Valsoia Spa are the top three companies in the sector.

GlobalData’s Country Profile report on the Syrups & Spreads sector in Imdia 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 Italian syrups & spreads sector is expected to grow at a CAGR of 3.2% by value during 2018-2023
- Sweet spreads is the largest category in value terms in the Italian syrups & spreads sector
- The syrups category is expected to register the fastest growth in both value and volume terms during 2018-2023
- Hypermarkets & supermarkets is the largest distribution channel
- Ferrero, Rigoni Di Asiago Spa and Valsoia Spa are the top three companies in the sector.
- Glass is the most commonly used pack material in the Italian syrups & spreads sector

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.