Today: February 14, 2016, 4:57 am

United States spreads market led by JM Smucker Co with a 40% share in 2013
Spreads in the US - a new market research report on 2014-04-10 15:57:01
Mass-market oriented manufacturers started to focus much more on premium products in 2013. For the last few years, premium products such as chocolate spreads, high-priced jams and preserves and almond butter were very strong growth areas for spreads. This did not go unnoticed by major mass-market companies, many of which attempted to enter these areas with their most popular brands. JM Smucker Co entered the higher end spread market with Jif Almond and Jif Cashew in 2013.

The JM Smucker Co is expected to maintain its leading position in spreads in 2013, with a value share of 40%. The Ohio-based producer of brands such as Jif and the eponymous Smucker´s has developed into the biggest player in the two largest categories: jams and preserves and nut and seed based spreads. The company increased its overall retail value size by 31% over the review period by quickly recognising new consumer interests and out-innovating some of its competitors. These innovations included extending the Jif brand into chocolate spreads in 2012, and into almond butter and cashew spreads in 2013.

Spreads is expected to increase by 18% in constant value terms during the forecast period, whilst retail volume sales are expected to increase by 4%. This healthy retail growth will be due to the continued push by major manufacturers towards premium products, which fit the increasingly refined and fickle tastes of younger consumers.

Click for report details: ..

Browse all Food and Drink Market Research Reports ..

Browse all Food and Drink Company Profile Reports ..

Browse all Latest Market Research Reports ..

About Us is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles,’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.

Press Information

Published by
Mike King
London: +44 (0) 203 086 8600

# 427 Words
Related Articles
More From Finance
Arizona Real Estate Stats 2015
COMMENTARY by Tom Ruff of The Information Market Permission is granted only to ARMLS® Subscribers for reproduction with attribution [..] Announces New Trader Counsel Services
LONDON - Jan. 25, 2016 - British financial news source has announced that it will now be offering the [..] Offers Free Advice For Getting Completely [..]
Everyone has some degree of debt to deal with. Some folks have a lot of it, and they need to [..]
Offshore Processing slashes credit card processing costs [..]
High risk and high volume merchants engaged in unconventional trades, such as Adult Content, Adult Goods, Online Casinos, Online [..]
Real-Estate-Yogi Offers Free Advice to Returning Veterans [..]
Veterans of the United States are returning from active duty and need places to live. It is up to lenders [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.