Fortified Breakfast Spreads Market Information: By Source (Fruit Based, Nut Based, Dairy Based, And Others), By Nutrients (Vitamins, Minerals, Proteins, Prebiotics & Probiotics, Others), By Distribution Channel (Store-Based And Non-Store Based) And By Region - Forecast To 2030
ID: MRFR/F-B & N/2587-HCR | February 2021 | Region: Global | 110 Pages
Table of Content
1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Scope of the study
2.2.1 Research Objectives
2.2.2 Assumptions
2.2.3 Limitations
2.3 Markets Structure
2.4 Stakeholders
3 Research methodology
3.1 Research process
3.2 Secondary research
3.3 Primary research
3.4 Forecast model
3.5 Market Size estimation
4 MARKET DYNAMICS
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
5 MARKET TRENDS
5.1 Trends in Supply/Production
5.2 Trends in Demand/Consumption
5.3 Emerging Markets (Supply & Demand)
5.4 Emerging Brands
5.5 Trade (Import-export) Analysis
5.6 Innovations in Products/Process
5.7 Macroeconomic indicators Analysis for top 5 Producing countries
6 MARKET FACTOR ANALYSIS
6.1 Introduction
6.2 Value chain analysis
6.3 Porter’s five forces
6.4 Supply Chain Analysis
7Market, By source
7.1 Introduction
7.2 Market size (sub segments)
7.2.1 Fruit based
7.2.2 Nut based
7.2.3 Dairy Based
7.2.4 Others
8 Market, By Nutrients
8.1 Introduction
8.2 Market size(sub segments)
8.2.1 Vitamins
8.2.2 Minerals
8.2.3 Proteins
8.2.4 Prebiotics & probiotics
8.2.5 Others
9. MARKET -By Distribution Channel
9.1 Introduction
9.2 Market size(sub segments)
9.2.1 Store-based
9.2.2 Non Store-based
10. MARKET -By Region
10.1 Introduction
10.2 North America
10.2.1 U.S.
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Introduction
10.3.1 Germany
10.3.2 France
10.3.3 Italy
10.3.4 U.K
10.3.5 Rest of Europe
10.4 Asia– Pacific
10.4.1 China
10.4.2 India
10.4.3 Japan
10.4.4 Rest of Asia-Pacific
10.5 RoW
10.5.1 Latin America
10.5.2 Middle East
10.5.3 Others
11. Competitive landscape
11.1 Introduction
11.2 Product Launch/Development
11.3 Partnerships and collaborations
11.4 Acquisitions
11.5 Business Expansion
12. COMPANY PROFILE
12.1 Unilever Group (U.K.)
12.2 Wellness Foods Ltd. (U.K.)
12.3 Premier Foods Plc (U.K.)
12.4 Ferrero Group (Italy)
12.5 Andros SAS (France)
12.6 Daiya Foods Inc. (Canada)
12.7 Kraft Foods Group, Inc. (U.S.)
LIST OF TABLES
TABLE 1 PESTLE ANALYSIS-U.S
TABLE 2 PESTLE ANALYSIS- INDIA
TABLE 3 PESTLE ANALYSIS- CHINA
TABLE 4 PESTLE ANALYSIS- JAPAN
TABLE 5 PESTLE ANALYSIS- GERMANY
TABLE 6 KEY SUPPLIERS OF SOURCES FOR FORTIFIED BREAKFAST SPREADS PRODUCTION
TABLE 7 GLOBAL MARKET FOR BREAKFAST SPREADS, BY SOURCE, (2020–2027), USD MILLION
TABLE 8 GLOBAL MARKET FOR BREAKFAST SPREADS, BY NUTRIENTS, (2020–2027), USD MILLION
TABLE 9 GLOBAL MARKET FOR FORTIFIED BREAKFAST SPREADS MARKET, BY DISTRIBUTION CHANNEL, (2020–2027), USD MILLION
TABLE 10 GLOBAL MARKET FOR FORTIFIED BREAKFAST SPREADS SALES AND GROWTH RATE (2020-2027) USD MILLION
TABLE 11 GLOBAL MARKET FOR FORTIFIED BREAKFAST SPREADS TOP 5 COUNTRIES
TABLE 12 GLOBAL MARKET FOR FORTIFIED BREAKFAST SPREADS TOP COMPANIES-USD MILLION
TABLE 13 NORTH AMERICAN MARKET FOR BREAKFAST SPREADS, BY SOURCE, 2020–2027 (USD MILLION)
TABLE 14 NORTH AMERICAN MARKET FOR BREAKFAST SPREADS, BY NUTRIENTS, 2020–2027 (USD MILLION)
TABLE 15 NORTH AMERICAN MARKET FOR BREAKFAST SPREADS, BY DISTRIBUTION CHANNEL, 2020–2027 (USD MILLION)
TABLE 16 EUROPEAN MARKET FOR BREAKFAST SPREADS, BY SOURCE, 2020–2027 (USD MILLION)
TABLE 17 EUROPEAN MARKET FOR BREAKFAST SPREADS, BY NUTRIENTS, 2020–2027 (USD MILLION)
TABLE 18 EUROPEAN MARKET FOR BREAKFAST SPREADS, BY DISTRIBUTION CHANNEL, 2020–2027 (USD MILLION)
TABLE 19 APAC MARKET FOR BREAKFAST SPREADS, BY SOURCE, 2020–2027 (USD MILLION)
TABLE 20 APAC MARKET FOR BREAKFAST SPREADS, BY NUTRIENTS, 2020–2027 (USD MILLION)
TABLE 21 APAC MARKET FOR BREAKFAST SPREADS, BY DISTRIBUTION CHANNEL, 2020–2027 (USD MILLION)
TABLE 22 REST OF THE WORLD MARKET FOR BREAKFAST SPREADS, BY SOURCE, 2020–2027 (USD MILLION)
TABLE 23 REST OF THE WORLD MARKET FOR BREAKFAST SPREADS, BY NUTRIENTS, 2020–2027 (USD MILLION)
TABLE 24 REST OF THE WORLD MARKET FOR BREAKFAST SPREADS, BY DISTRIBUTION CHANNEL, 2020–2027 (USD MILLION)
TABLE 25 COMPETITIVE LANDSCAPING BASED ON FINACIALS DURING THE YEAR 2027
TABLE 26 COMPETITIVE LANDSCAPING BASED ON FINACIALS DURING THE YEAR 2027
TABLE 27 PRODUCTS
TABLE 28 KEY DEVELOPMENTS
 
LIST OF FIGURES
FIGURE 1 RESEARCH METHODOLOGY
FIGURE 2 PRIMARY DATA ANALYSIS APPROACH
FIGURE 3 SECONDARY DATA ANALYSIS APPROACH
FIGURE 4 TREND IN MARKET FOR FORTIFIED BREAKFAST SPREADS IMPORTS 2020-27
FIGURE 5 GROWTH RATE IN MARKET FOR FORTIFIED BREAKFAST SPREADS IMPORTS 2020-27
FIGURE 6 FORTIFIED BREAKFAST SPREADS IMPORTS MARKET SHARE BY TOP 5 IMPORTERS (2020 VS 2027)
FIGURE 7 TREND IN FORTIFIED BREAKFAST SPREADS EXPORTS 2020-207
FIGURE 8 GROWTH RATE MARKET FOR FORTIFIED BREAKFAST SPREADS EXPORTS 2020-2027
FIGURE 9 FORTIFIED BREAKFAST SPREADS EXPORTS MARKET SHARE BY TOP 5 EXPORTERS (2020 VS 2027)
FIGURE 10 VALUE CHAIN ANALYSIS
FIGURE 11 COST ANALYSIS: FUNCTIONAL BEVERAGES
FIGURE 12 PORTER’S FIVE FORCES ANALYSIS
FIGURE 13 MARKET FOR FORTIFIED BREAKFAST SPREADS MARKET BY SOURCE: (2020-2027E)
FIGURE 14 MARKET FOR FORTIFIED BREAKFAST SPREADS MARKET TRENDS BY NUTRIENTS: (2020-2027E)
FIGURE 15 MARKET FOR FORTIFIED BREAKFAST SPREADS MARKET TRENDS BY DISTRIBUTION CHANNEL: (2020-2027E)
FIGURE 16 FINANCIALS
Fortified Breakfast Spreads Market
Fortified Breakfast Spreads Market is expected to grow at a 7.30% CAGR and reach USD 54 million by 2030.
$54 million
Market Size
7.30%
CAGR
North America
Dominating Region
2020- 2030
Forecast Period
Segmentation
Key Players
- Daiya Foods Inc. (Canada)
- Wellness Foods Ltd. (UK)
- Premier Foods Plc (UK)
- Unilever Group (UK)
- Kraft Foods Group (US)
- Andros SAS (France)
- Ferrero Group (Italy)
- Conagra Brands Inc. (US)
- J.M. Smucker Company (US)
Drivers
- rapidly changing pattern of consumption of food
- rising need for convenience food
Fortified Breakfast Spreads Market Overview
The Fortified Breakfast Spreads Market is depicted to witness a notable CAGR of 7.30%. The Market Analysis suggests that the market value will expand up to several millions in the studied forecast period 2020-2030. The fortified spreads are spreadable products that are made up of nuts, fruits, dairy products, etc. This item is spread on the bagels and bread and is generally used during breakfast.
The fortified spreads contain several micronutrients and vitamins. Thus, the rising health consciousness and demand for convenience products are promoting market growth. Hence, the North American region is evaluated to lead the Fortified Breakfast Spreads Market in the upcoming years. Also, the Asia-Pacific is predicted to record the fastest growth.
COVID-19 Analysis
The Market Value observed a significant decline in the growth due to COVID-19 disease. Also, the demand for healthy and nutritious foods spiked up to boost immunity. This further led to have a gradual growth of the market. As the spread of the virus lowers down in the upcoming years, the market can improve.
Market Dynamics
Market Drivers
There are various drivers such as rising demand for ready-to-eat products that will lead to significant market growth. Also, the demand for healthy foods and changing lifestyles is the major driver of the Fortified Breakfast Spreads Market.
Restraints
There are various restraints such as high prices of fortified products that are speculated to hamper the market growth. Thus, the availability of alternatives can slow down the growth of the Fortified Breakfast Spreads Market.
Opportunities
The demand for nutritious products and tasty products for daily consumption is predicted to offer new opportunities for key players. Also, the demand for gluten-free, fat-free products among consumers will have a positive influence on the market.
Challenges
The availability of various alternatives can be challenging for the market player to thrive. Also, the low awareness of new products can restrict market growth.
Cumulative Analysis
Value Chain Analysis
The increasing demand for convenience foods and rising health awareness are promoting the Fortified Breakfast Spreads Market Trends. The various positive factors such as investments by key players and the introduction of new products will further enhance the value chain of the Market in the upcoming years.
Market Segmentations
The segments of the Market are divided into the source, distribution channel, and nutrients. Based upon the source, the Fortified Breakfast Spreads Market is segmented into Nut Based, Dairy-Based, Fruit Based, etc. It is evaluated that the fruit-based sub-segment will dominate the market in the future years.
Based upon distribution channel, the Market is segmented into Non-Store Based and Store-Based. The store-based sub-segment is divided into Convenience Stores, Supermarkets and Hypermarkets, and Others. It is evaluated that store-based sub-segment will lead the market.
Based upon nutrients, the Market is divided into Proteins, Minerals, Vitamins, Probiotics, Prebiotics, and Others.
Regional Analysis
Geographically, the Fortified Breakfast Spreads Market Size is segmented into Asia-Pacific, North America, Europe, and the Rest of the World. The Market Analysis suggests that the North American region will lead the market in the studied forecast period. It consists of countries such as Mexico, Canada, and the US. The changing pattern of lifestyle and prevalence of ready-to-eat foods are improving the market growth in this region.
On the other side, the Asia-Pacific region is depicted to have the fastest growth in the studied forecast period 2021-2028. This region consists of crucial countries such as India, Japan, China, Indonesia, and others. The rising demand of ready to food items, changing lifestyles, and tight schedules are the major driver for the fastest growth in the upcoming years. Also, the increasing disposable income is a great drier for the Fortified Breakfast Spreads Market in the Asia-Pacific.
Furthermore, Europe is anticipated to have the second-largest Fortified Breakfast Spreads Market Share. The high use of breakfast or food spreads is an important factor for the popularity of breakfast foods. Also, the invention of new flavours which includes exotic fruits, figs, etc. is boosting the Market Growth.
Finally, the increasing use of fortified spreads is also increasing in the other regions. The rest of the world region consists of countries of Africa and the Middle East. The rising awareness for health and growing demand for packaged items is leading to comprehensive Fortified Breakfast Spreads Market Growth.
Competitive Landscape
The Fortified Breakfast Spreads Market consists of various key players. These key players play a crucial role in enhancing the Market Trends. They do product launches, acquisitions, partnerships, mergers, etc. to improve their business withhold across the world. Some of the key players in the market are as follows.
- Daiya Foods Inc. (Canada)
- Wellness Foods Ltd. (UK)
- Premier Foods Plc (UK)
- Unilever Group (UK)
- Kraft Foods Group (US)
- Andros SAS (France)
- Ferrero Group (Italy)
- Conagra Brands Inc. (US)
- J.M. Smucker Company (US)
Recent Developments
- Nestle Italia in 2021 announced the launch of its popular chocolate brand called “Baci Perugina.” It launched palm-oil less and gluten-free chocolate spread added with hazelnut grains called Crème Baci.
- Kraft Heinz Canada in 2020 announced the launch of its new Hazelnut Spread called “Nutella + Cocoa.”
- Ferrero Group in 2020 announced the launch of a new product of hazelnut and chocolate spread under its range called “Nutella +Cocoa.”
Report Overview
The report overview of Fortified Breakfast Spreads Market Outlook is as follows.
- Market Overview
- COVID-19 Analysis
- Dynamics of the Market
- Value Chain Analysis
- Market Segmentation
- Regional Analysis
- Competitive Analysis
- Recent Development
Report Score and Segmentation
The report score is to provide necessary information about the Fortified Breakfast Spreads Market Forecast. It covers information about market value, CAGR opportunities, challenges, etc. The information provided in this report is collected from several primary and secondary sources.
- Study Period- 2021-2028
- Base Year-2021
- Forecast Period- 2021-2028
- Historical Period-2017-2020
Segmentation
By Nutrients
- Proteins
- Minerals
- Vitamins
- Probiotics
- Prebiotics
- Others
By Source
- Nut Based
- Dairy-Based
- Fruit Based
- Others
By Distribution Channel
- Non-Store Based
- Store-Based
- Convenience Stores
- Supermarkets and Hypermarkets
- Others
By Region
- Europe
- North America
- Asia-Pacific
- Rest of the World
Frequently Asked Questions (FAQ) :
What is the estimated CAGR of the Fortified Breakfast Spreads Market in the studied forecast period?
The Fortified Breakfast Spreads Market is evaluated to grow at a substantial CAGR of 7.30% during the studied forecast period.
The fortified breakfast spread is a product made up of nuts, fruits, dairy, etc. in a spreadable form. It is spread upon a bagel, bread, and generally eaten during breakfast. The fortified breakfast spreads contained extra micronutrients to provide necessary nutrients and vitamins on a daily basis.
There are various factors that are anticipated to boost the Fortified Breakfast Spreads Market Growth. It includes the rapidly changing pattern of consumption of food, and the rising need for convenience food is driving the market gradually.
The segments of the Fortified Breakfast Spreads Market are divided into the source, distribution channel, and nutrients. Based upon the source, the Fortified Breakfast Spreads Market is segmented into Nut Based, Dairy-Based, Fruit Based, etc. It is evaluated that the fruit-based sub-segment will dominate the market in the future years. Based upon distribution channel, the Fortified Breakfast Spreads Market is segmented into Non-Store Based and Store-Based. The store-based sub-segment is divided into Convenience Stores, Supermarkets and Hypermarkets, and Others. It is evaluated that store-based sub-segment will lead the market. Based upon nutrients, the Fortified Breakfast Spreads Market is divided into Proteins, Minerals, Vitamins, Probiotics, Prebiotics, and Others.
The Fortified Breakfast Spreads Market based on region is divided into Asia-Pacific, Europe, North America and Africa, and the Rest of the world. According to the Fortified Breakfast Spreads Market Forecast, it is predicted that North America holds the largest share. The changing pattern of food consumption and growing awareness are notable drivers. After that, Europe is evaluated to hold the second-largest share in the market. The growing investments by key players and the emergence of various key players are the crucial reasons for notable shares. Thirdly, it is suggested that the Asia-Pacific region will record the fastest growth in the future years. Various factors such as tight schedule, demand for convenient foods, and rising health awareness are known for the notable CAGR. Mainly countries such as India and China are playing a major role in enhancing the Fortified Breakfast Spreads Market Growth. Thirdly, the rest of the world region consists of countries from Africa and the Middle East. This region is depicted to have gradual growth as compared to the past few years.
The notable key players of Fortified Breakfast Spreads Market are Daiya Foods Inc. (Canada), Wellness Foods Ltd. (UK), Premier Foods Plc (UK), Unilever Group (UK), Kraft Foods Group (US), Andros SAS (France), Ferrero Group (Italy), Conagra Brands Inc. (US), J.M. Smucker Company (US) and others.
