Country Profile: Syrups & Spreads in Romania

Country Profile: Syrups & Spreads in Romania

Published: June 2019
Publisher: GlobalData
Product ref: 311897
Pages: 108
Format: PDF
Delivery: By product vendor

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Summary

The Romanian syrups & spreads sector is led by the jams, jellies & preserves category in both value and volume terms in 2018 and the category is also forecast to register the fastest value growth during 2018-2023. Hypermarkets & supermarkets is the leading distribution channel in the country. Glass is the most commonly used pack material, followed by rigid plastics and flexible packaging in 2018. ‘Hormel Foods Corporation, ‘Contec Foods’ and ‘Chipita S.A.’ are the leading players in the Romanian syrups & spreads sector.

GlobalData’s Country Profile report on the Syrups & Spreads sector in Romania provides insights on high growth categories to target, trends in the usage of package materials, category level distribution channel data and market share of brands.

Scope

• The Romanian syrups & spreads sector is expected to grow at a CAGR of 6.8% by value during 2018-2023
• Per capita consumption of jams, jellies & preserves was higher compared to other syrups & spreads categories in Romania
• Hypermarkets & supermarkets is the leading distribution channel in the Romanian syrups & spreads sector
• Contec Foods is the leading company in volume terms in the syrups & spreads sector
• In the Romanian syrups & spreads sector, products with health & wellness claims accounted for value sales of US$0.8 million in 2018
• Glass is the most commonly used pack material in the Romanian syrups & spreads sector
• Older consumers account for the leading share in the consumption of syrups & spreads in Romania

Reasons to buy

• Identify high potential categories and explore further market opportunities based on detailed value and volume analysis
• Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
• Gain an understanding of the total competitive landscape based on detailed brand share analysis to plan effective market positioning
• Our team of analysts have placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion
• The packaging analysis report helps manufacturers, in identifying the most commonly used packaging materials in the sector
• Analysis on key macro-economic indicators such as real GDP, nominal GDP, consumer price index, household consumption expenditure, population (by age group, gender, rurral-urban split, and employed people and unemployment rate. It also includes economic summary of the country along with labor market and demographic trends.



Companies Mentioned
Hormel Foods Corporation
Contec Foods
Chipita S.A.
Mib Prodcom Srl
Adolf Darbo Ag
Mandy Co.
S.C. Conserv Buftea S.A.
Ferrero
Laurul
The Hain Celestial Group Inc

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Related research categories

By sector: Syrups (in Ingredients), Spreads (in Spreads, sauces & condiments)

By market: Romania (in Europe)


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