(Food-Beverage-News.Com, November 15, 2017 ) Jams and Preserves Market was worth USD 7.94 billion in 2016 and estimated to be growing at a CAGR of 3.2%, to reach USD 9.3 billion by 2021. Jams and preserves Industry are both made from fruit mixed with sugar and pectin. Pectin is an indigestible carbohydrate and is found in the cell wall of many fruits. Jam contains the fruit in the form of a pulp or in the crushed form. Preserves however, come in the form of chunks in syrup or a jam.
Due to the rising disposable incomes, consumers are ready to spend on gourmet food which involves the use of jams and preserves. Jams help in producing a versatile range of food products. Due to the rising urbanization, the demand for ready to eat food products has risen causing the growth of the market. However, the high cost of raw materials and various government regulations on processed food and food additives are slowing down the growth of the market. Moreover, there are a lot of products in the market causing competition between various players.
Jams and Preserves Market Segmentation by product type, flavour, pricing and distribution channel. By product type the market is classified into Jams and marmalade, honey, sweet spreads and others. Jam products account for a major share in the global market. By flavour type the market is segmented into strawberry, grape, raspberry, blackberry, apricot and others. By pricing the market is divided into economic, premium and others. By distribution channel the market is classified into supermarkets, grocery stores, wholesale and other .On the basis of geography, the market is analysed under various regions namely North America, Europe, Asia-Pacific and Rest of the World. The Jams and Preserves market was dominated by Europe and North America. The regions of South America and Asia Pacific are expected to grow at a high CAGR.
Some of the major Jams and Preserves Market leaders are J.M Smucker, Kraft Foods, Unilever Group, ConAgra Foods Inc, B&G Foods Inc, Ferrero Group, Hershey Co., Nestle, Sioux Honey Association and National Grape Co-operative Association Inc.
Reasons to buy Global Jams and Preserves Market Research Report: Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped Segment-level analysis in terms of product type, flavour, pricing and distribution channel along with market size forecasts and estimations to detect key areas of industry growth in detail Identification of key drivers, restraints, opportunities and challenges (DROC) in the market and their impact on shifting market dynamics Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economic and political, among other macro-environmental factors presented in an extensive PESTLE Analysis Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analyzing the level of competition and business strategy development A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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