Canada Spreads Market Research Report, 2028

Spreads have an essential place in Canadian cuisine as a result of the nation's multiculturalism and wide range of culinary influences. Given its diverse population, Canadians have a love for many different international flavours, which has increased demand for distinctive and cutting-edge culinary spreads. Nut butters (including peanut, almond, and cashew butter), fruit spreads (such as jams, jellies, and preserves), chocolate spreads, honey, maple syrup, and savoury spreads like hummus and cheese spreads are some of the most well-liked varieties of food spreads in Canada. In addition to being used as independent spreads, these products are also added to dishes, baked goods, and snacks. Consumer tastes and health-conscious trends are having a significant impact on the Canadian market for food spreads. Natural and organic food spreads without artificial ingredients, preservatives, or excessive sugars are becoming more and more popular as customers place a higher priority on their health and wellness. In addition, a variety of alternative spreads, including as vegan, gluten-free, and sugar-free choices, have become more prevalent on the Canadian food spread market. With more product options, businesses may target more niche markets and serve a wider spectrum of customers. According to the research report "Canada Spreads Market Research Report, 2028," published by Actual Market Research, The Canada Spreads Market was valued at above USD 2.31 Billion in 2022. Canada is renowned for its production of maple syrup, and it plays a significant role in the food spread market. With its distinct, rich flavor, maple syrup is not only enjoyed as a pancake topping but also incorporated into various spreads, sauces, and desserts. Peanut butter holds a special place in the hearts of Canadians. It is one of the most popular and widely consumed food spreads in the country, loved by people of all ages. From classic peanut butter and jelly sandwiches to creative culinary uses, Canadians have a deep affinity for this versatile spread. Canada's multiculturalism is reflected in its food spread market. Consumers have a taste for diverse international flavors, leading to a wide variety of spreads inspired by different cuisines. From Mediterranean hummus to exotic fruit spreads, Canadians embrace the global culinary palette. Canadians are increasingly mindful of their dietary choices, and this has influenced the food spread market. There is a growing demand for healthier options, such as organic, natural, and low-sugar spreads. Manufacturers are responding to this trend by offering alternatives that cater to various dietary needs and preferences. Canada's vast and diverse landscape gives rise to regional specialties in the food spread market. For instance, the Quebec region is known for its creamy, indulgent "cretons" spread, while the East Coast boasts delightful seafood-based spreads like lobster and crab pates. The food spread market in Canada has seen a rise in artisanal and locally produced spreads. Consumers appreciate the craftsmanship, quality ingredients, and small-batch production that comes with supporting local businesses. This focus on artisanal products adds an element of authenticity and uniqueness to the market. Food spread market in Canada has surge in innovative flavor combinations. From bacon-infused spreads to chocolate chili spreads, Canadian consumers are open to exploring bold and unexpected flavors, seeking exciting taste experiences. With the increasing popularity of online shopping, many food spread brands have expanded their presence in e-commerce platforms. This enables consumers to discover and purchase a wide range of spreads from the comfort of their homes, providing convenience and accessibility.

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The food spread market in Canada embraces the changing seasons. For instance, during the fall, pumpkin spice and apple butter spreads gain popularity, while in the summer, berry jams and preserves take the spotlight. Seasonal offerings add a touch of anticipation and variety to the market. Food spreads in Canada have evolved beyond traditional uses. They are now incorporated into recipes, used as flavor enhancers in cooking, and enjoyed as accompaniments to cheese platters or charcuterie boards, showcasing their versatility and culinary creativity. Canada has a unique grading system for maple syrup, with different grades denoting varying levels of color and flavor intensity. Grades range from the light and delicate Golden, to the rich and robust Amber, and finally to the strong and bold Dark. This system allows consumers to choose their preferred flavor profile. Alongside traditional peanut butter, Canada's food spread market has seen a rise in alternative nut butters. Almond butter, cashew butter, and sunflower seed butter are gaining popularity among health-conscious consumers due to their nutritional benefits and unique taste profiles. The food spread market in Canada is increasingly incorporating indigenous ingredients and flavors. For instance, spreads made with wild berries like Saskatoon berries and cloudberries, or using traditional ingredients like cedar or birch syrup, pay homage to Indigenous culinary traditions. In addition to sweet and savory spreads, Canada offers unique spreadable meat products. Pates and rillettes made from duck, pork, or game meats are enjoyed as delicacies, often paired with crusty bread or crackers. Canadian consumers have a growing interest in sustainability, and this is reflected in the food spread market. Many brands prioritize eco-friendly packaging, responsible sourcing of ingredients, and support for local farmers, fostering a sense of environmental consciousness. The market has witnessed the emergence of functional food spreads that offer additional health benefits. These spreads may contain added ingredients like probiotics, superfoods, or plant-based protein, catering to consumers seeking both flavor and nutritional value. The Food and Drugs Act is the primary legislation governing food products in Canada. It sets out requirements for food safety, quality, and labeling. It prohibits the sale of food products that are adulterated, unsafe, or misbranded. The Canadian Food Inspection Agency (CFIA) is responsible for enforcing food safety regulations. The CFIA conducts inspections, sets standards for food safety, and ensures that food spread manufacturers comply with safety requirements to protect consumers from health risks. Also, The Safe Food for Canadians Regulations (SFCR) mandates specific labeling requirements for food products, including food spreads. Labels must provide accurate and clear information about ingredients, allergens, nutritional facts, and any potential health risks associated with the product. Health Canada regulates the use of health claims and nutrition facts on food product labels. Food spreads must adhere to specific guidelines regarding the declaration of nutritional information and any health claims made on the packaging. In Canada, food products, including spreads, must clearly label common allergens to help consumers with allergies or sensitivities. This includes the identification of allergenic ingredients such as peanuts, tree nuts, gluten, dairy, and soy. Furthermore, The Canadian Organic Standards regulate the production and labeling of organic food products, including organic food spreads. These standards outline requirements for organic farming practices, ingredient sourcing, and certification processes. Considered in this report: • Geography: Canada • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028

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Kripa Shah

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Aspects covered in this report: • Canada Spread Market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Product Type: • Spreadable Fats • Fruit Jam & Preserve Spreads • Nut Based Spreads • Chocolate Spreads • Savory Spreads • Honey Based Spreads By End-Use: • Household • Commercial

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By Nature: • Conventional • Organic / Plant Based By Distribution Channel: • Hypermarket & Supermarket • Convenience Store • Online • Others (Foodserive & Direct Sales) The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us. we have started verifying the details obtained from secondary sources. Intended audience: This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to spread industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.