Market Share of United States Food Spread Industry
The J.M. Smucker Company, Ferrero International (Nutella), Sioux Honey Association Co-op, Conagra Brands Inc., Unilever PLC, and The Hershey Company are some of the major players in the US market. These companies provide a range of food spreads, including natural and conventional choices for consumers. Mergers and acquisitions between companies are helping the market to grow at a faster rate. Product innovations and increasing demand for vegan spreads are one of the drivers for the market. Market players are focused on consumer demand, innovating products by considering the food trends and changing the food habits of consumers.
US Food Spread Market Leaders
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The J.M. Smucker Company
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Sioux Honey Association Co-op
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Unilever PLC
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Ferrero International S.A.
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Conagra Brands Inc.
*Disclaimer: Major Players sorted in no particular order