United Kingdom Food Spread Market Report and Forecast 2024-2032

United Kingdom Food Spread Market Outlook

The United Kingdom food spread market size is projected to grow at a CAGR of 4.30% in the forecast period of 2024-2032. The market growth is being driven by increasing demand for convenience foods, diversification in product offerings, and expansion of distribution channels.

Key Trends in the Market

Food spreads are edible food products that can be spread onto other foods such as bread, toast, crackers, and biscuits, and also mixed in with other recipes. These spreads can be made from a variety of ingredients, including fruits and chocolates, or feature a single ingredient like honey. Food spreads are used to add flavour and texture to foods in a quick and easy manner.

• The increasing demand for convenience foods, surged by the busy lifestyles led by working professionals, is driving the United Kingdom food spread market growth. Food spreads are ready-to-eat and can be instantly paired with a variety of foods for quick and convenient foods.

• Rising popularity of healthy food spreads is a key trend in the food spread market in the United Kingdom, supported by increasing product development of plant-based and healthy food spreads. These spreads offer nutritional benefits while also being convenient, catering to health-conscious consumers.

• Prevalence of various recipes featuring food spreads is another factor augmenting the United Kingdom food spread market demand. Professional and home chefs are popularising numerous recipes made with food spreads for easy and flavourful meals, leading to a higher demand for food spreads.

Market Analysis

Based on type, the market is divided into fruit based spread, chocolate based spread, nut based spread, and honey, among others. On the basis of distribution channel, the United Kingdom food spread market segmentation is hypermarkets and supermarkets, convenience stores, speciality stores, and online stores, among others.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the UK food spread market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.

• Unilever PLC

• Ferrero International S.A

• Conagra Brands, Inc. 

• Kraft Heinz Company

• B&G Foods, Inc.

• Chocoladefabriken Lindt & Sprüngli AG

• Nestlé S.A. 

• The J.M. Smucker Co.

• The Hain Celestial Group, Inc.

• Upfield Europe B.V.

• Others

Market Share by Type

Chocolate based spreads account for a sizable share of the United Kingdom food spread market, supported by their popularity among young adults and the youth. As a flavour, chocolate is immensely popular in the United Kingdom, and chocolate based spreads offer an easy and convenient flavouring option. Chocolate based spreads are available ready-to-eat and pre-packaged and can be used in various ways, including spread on toast, bread, crackers, and waffles. Moreover, chocolate based spreads are also commonly used in various dessert preparations, providing a quick and easy way to elevate a dessert item. For busy consumers, chocolate based spreads are an instant source of sweetness, which is expanding its share in the UK food spread market.

Market Share by Distribution Channel

Online stores and other online distribution channels are anticipated to witness rapid growth in the food spread market in the United Kingdom. With consumers leading increasingly busy lives and expansion of e-commerce and logistics capabilities, more consumers are turning to online shopping for groceries. Through online stores, consumers can purchase their desired food spreads along with their groceries can avail of convenient home deliveries. The United Kingdom food spread market share of online stores is also being bolstered by the wide range of food spreads available online in varying price points and sizes. Depending upon their usage patterns, consumers can choose desired food spreads and experiment with new product variants.

Competitive Landscape

Unilever PLC, a manufacturer of consumer packaged products, was established in 1929 and is currently based in London, England. The company operates in five business groups, which are beauty and wellbeing, personal care, home care, nutrition, and ice cream, with a vast array of well-known brands.

Ferrero International S.A, founded in 1946 and headquartered in Sennengerbierg, Luxembourg, is a leading sweet-packaged food company, with iconic brands such as Ferrero Rocher, Nutella, and Kinder. With a global presence, the company focuses on selection of raw materials of the highest quality for their products.

Conagra Brands, Inc., based in Illinois in the United States, and established in 1919, is a manufacturer, marketer, and distributor of consumer packaged goods and foodservice ingredients and items. The leading brands of the company include Healthy Choice, Duke’s, Jiffy Pop, Log Cabin, and Kid Cuisine.

Other market players include Kraft Heinz Company, B&G Foods, Inc., Chocoladefabriken Lindt & Sprüngli AG, Nestlé S.A., The J.M. Smucker Co., The Hain Celestial Group, Inc., and Upfield Europe B.V., among others.

Key Highlights of the Report