Savory spreads and condiments are usually spread on a slice of bread or toast to give it some flavor but these condiments can also be used in cooking, in salads, as side dishes and many more ways. Pates are one of the most popular food categories in Europe and can be made from pretty much any meat.
Product description and use
Savory spreads, condiments and pates have been a popular food category for many centuries and are one of the most purchasable and consumed ingredients on the market in the current age. Savory spreads and condiments are usually spread on a slice of bread or toast to give it some flavor but these condiments can also be used in cooking, in salads, as side dishes and many more ways. Pates are one of the most popular food categories in Europe and can be made from pretty much any meat. One of the most popular savory spreads and condiments are butter, ketchup, mayonnaise, cheese spreads, tuna spreads, tartar and many more. Private label brands have been witnessing a lot of success in the field of savory spreads and consumers prefer them to national brands.
Market for savory spreads and private label opportunities
The global market size for spreads, condiments and pates was valued at USD 1.1 billion in 2018 and is expected to register a CAGR of 1.3% from 2019 to 2025. Consumers are looking for quick and easy ingredients to enjoy for their breakfast or snack. Another factor that has had an impact on the global market is the adoption of western cuisine and consumer preference for processed foods. Savory spreads are delicious, quick to consume products that can be enjoyed by all socioeconomical age groups. The market for private label branded savory spreads, condiments and pates has been booming in recent years. Consumers have shifted from national brands and prefer private label brands because of their transparency, affordability, loyalty and rise in product quality. Private label brands have offered immense variety when it comes to savory spreads, constantly improving and providing new products to keep the market fresh.
Benefits and services provided by private label manufacturers
Benefits of opting for a private label manufacturer are higher profit margins, lower operating costs, better brand loyalty and greater market stability. Private label manufacturers offer a wide array of savory spreads, condiments and pates to your brand, greatly reducing the production costs and making it possible to mass produce and distribute high quality products. Innovation is key to success and private label manufacturers are constantly pushing boundries and introducing new products to customers. This creates a brand loyalty and customers will want to purchase your branded products. Private label teams go in depth of consumer demand and market stability, producing and marketing products that will surely perform well. Packaging is another benefit of private labeling. What attracts the consumers attention is a creative and bold packaging and slogan. With a creative design team your savory spread, condiment and pate products can bring in the customers and compete with national brands.