PROSPECTS AND OPPORTUNITIES
New honey regulations enhance transparency and traceability
Honey is among the most frequently falsified food products – a fact which has prompting years of lobbying for change. In 2024, the European Parliament approved new regulations aimed at tackling adulterated honey imports from outside the EU.
Convenient, on-the-go breakfast options challenge sales of sweet spreads
As the foodservice landscape recovers, there will be a shift from retail to foodservice, driven by both consumer preferences and the revitalisation of the tourism industry. This will also be the outcome of the improved purchasing power of Slovak households and the growing popularity of accommodations that include breakfast in their booking price.
E-commerce becomes a growing channel for the sales of sweet spreads
E-commerce is expected to remain a rapidly developing distribution channel for sweet spreads in Slovakia. While price sensitivity is a significant driver for online shopping, the increasing demand for convenient and fast shipping options will further boost this trend.
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Overview:
Understand the latest market trends and future growth opportunities for the Sweet Spreads industry in Slovakia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Sweet Spreads industry in Slovakia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Sweet Spreads in Slovakia report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Sweet Spreads in Slovakia?
- Which are the leading brands in Sweet Spreads in Slovakia?
- How are products distributed in Sweet Spreads in Slovakia?
- How is the rise of e-commerce and/or the expansion of modern grocery retail impacting traditional retail?
- What are the key health and wellness concerns driving, or challenging, sales in Sweet Spreads?
- How significant are vegan and vegetarian dietary requirements in determining sales growth in Slovakia?
- How has COVID-19 impacted consumer demand? To what extent have lockdown, home seclusion and stockpiling boosted sales? Will the longer term economic repercussions of the pandemic stimulate or suppress future growth?
- Where is future growth expected to be most dynamic?
- How significant will values-based claims, such as sustainability and ethical labelling, be in supporting future growth and brand equity?
Sweet Spreads in Slovakia - Category analysis
KEY DATA FINDINGS
Rising sugar prices impact sales, however, retail volume growth remains positive
Fall in locally sourced products puts pressure on the retail prices of honey
Home-made jam challenges sales of retail products in 2024
New honey regulations enhance transparency and traceability
Convenient, on-the-go breakfast options challenge sales of sweet spreads
E-commerce becomes a growing channel for the sales of sweet spreads
Cooking Ingredients and Meals in Slovakia - Industry Overview
Cooking ingredients and meals in 2024: The big picture
Key trends in 2024
Competitive landscape
Channel developments
What next for cooking ingredients and meals?
DISCLAIMER
Sweet Spreads
Excludes: Any products sold unpackaged or in bulk; margarine, butter substitutes, vegetable-oil based, yeast-based, and meat/seafood-based spreads.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Sweet Spreads research and analysis database.
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