Spreads & Sweeteners - Worldwide

  • Worldwide
  • Revenue in the Spreads & Sweeteners market amounts to €250.60bn in 2024. The market is expected to grow annually by 7.42% (CAGR 2024-2029).
  • In global comparison, most revenue is generated in China (€133,700m in 2024).
  • In relation to total population figures, per person revenues of €32.34 are generated in 2024.
  • In the Spreads & Sweeteners market, volume is expected to amount to 105.30bn kg by 2029. The Spreads & Sweeteners market is expected to show a volume growth of 5.3% in 2025.
  • The average volume per person in the Spreads & Sweeteners market is expected to amount to 11.1kg in 2024.

Key regions: Spain, Japan, China, Philippines, United Kingdom

Comparaison de régions

Analyst Opinion

In many cultures across the world, spreads, such as jelly, marmalade, and peanut butter, are considered to be an integral part of breakfast. The crucial role of spreads in morning meals has been one of the key driving factors for the growth of this segment. Even amid the COVID-19 pandemic, it witnessed a rise in sales as consumers stockpiled products such as jellies and cheese spreads amid pandemic-related anxiety. The Spreads & Sweeteners segment experienced a slight decline in 2022. This drop can be attributed to production and supply chain issues amid the Russia-Ukraine war; however, it is expected to recover in the near future.

The industry is expected to be driven by innovations in flavor and nutritional value, which particularly appeal to the health-conscious demographic. A notable example of this is the mid-2022 U.S. release of the all-natural peanut butter spread from the Icelandic company GOOD GOOD, which was advertised as being nearly sugar-free and containing dietary fibers from chicory root, resulting in a low carb count.


Data coverage:

The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).

Modeling approach:

Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.


In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.

Vue d’ensemble

  • Revenue
  • Volume
  • Price
  • Analyst Opinion
  • Sales Channels
  • Global Comparison
  • Methodology
  • Key Market Indicators
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