The Future of the Syrups & Spreads Market in Saudi Arabia ... 673 1. The Future of the Syrups & Spreads Market in Saudi Arabia to 2017 Market Size, Distribution and Brand Share, Key

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673

1.

The Future of the Syrups & Spreads Market in Saudi

Arabia to 2017

Market Size, Distribution and Brand Share, Key Events and Competitive Landscape

Reference Code: FD0980ER

Published: March 2014

©Canadean.2014 This product is licensed and is not to be photocopied. Reference code: FD0980ER

The Future of the Syrups & Spreads Market in Saudi Arabia to 2017


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Table of Contents

1. Introduction............................................................................................... 13

1.1 What is this Report About?................................................................................. 13

1.2 Definitions .......................................................................................................... 13

1.2.1 This report provides 2012 actual sales; while forecasts are provided for 2013 – 2017 ... 13

1.2.2 Category Definitions ..................................................................................................... 13

1.2.3 Distribution Channel Definitions .................................................................................... 14

1.2.4 Volume Units and Aggregations .................................................................................... 15

1.2.5 CAGR Definition and Calculation .................................................................................. 15

1.2.6 Graphical representation of Brands ............................................................................... 16

1.2.7 Exchange Rates ........................................................................................................... 16

1.2.8 Methodology Summary ................................................................................................. 16

2. Saudi Arabia Syrups & Spreads Market Analysis, 2007–17 .................. 17

2.1 Syrups & Spreads Value Analysis, 2007–17 ...................................................... 17

2.1.1 Overall Syrups & Spreads Market Value, 2007–17 ........................................................ 17

2.1.2 Syrups & Spreads Market Value by Category, 2007–17 ................................................ 18

2.1.3 Market Growth Dynamics by Value – Syrups & Spreads, 2007–17 ................................ 21

2.2 Syrups & Spreads Volume Analysis, 2007–17 ................................................... 22

2.2.1 Overall Syrups & Spreads Market Volume, 2007–17 ..................................................... 22

2.2.2 Per-Capita Consumption - Syrups & Spreads, 2007–17 ................................................ 23

2.2.3 Syrups & Spreads Market Volume by Category, 2007–17 ............................................. 24

2.2.4 Market Growth Dynamics by Volume – Syrups & Spreads, 2007–17 ............................. 26

3. Saudi Arabia Jams, Jellies & Preserves Market Analysis, 2007–17 ..... 27

3.1 Jams, Jellies & Preserves Value Analysis, 2007–17 .......................................... 27

3.1.1 Jams, Jellies & Preserves Market by Value, 2007–17 ................................................... 27

3.1.2 Average Consumer Price/Kg – Jams, Jellies & Preserves, 2007–17 ............................. 29

3.1.3 Jams, Jellies & Preserves Market Value by Segments, 2007–17 ................................... 30

3.2 Jams, Jellies & Preserves Volume Analysis, 2007–17 ....................................... 33

3.2.1 Jams, Jellies & Preserves Market by Volume, 2007–17 ................................................ 33

3.2.2 Jams, Jellies & Preserves Market Volume by Segments, 2007–17 ................................ 34

3.3 Market Growth Dynamics – Jams, Jellies & Preserves, 2007–17 ....................... 36

3.3.1 Jams, Jellies & Preserves Market Growth Dynamics by Value, 2007–17 ....................... 36

3.3.2 Jams, Jellies & Preserves Market Growth Dynamics by Volume, 2007–17 .................... 37

3.4 Jams Analysis, 2007–17 .................................................................................... 38

3.4.1 Jams Market by Value, 2007–17 ................................................................................... 38

3.4.2 Jams Market by Volume, 2007–17 ................................................................................ 39

3.5 Marmalade Analysis, 2007–17 ........................................................................... 40




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3.5.1 Marmalade Market by Value, 2007–17 .......................................................................... 40

3.5.2 Marmalade Market by Volume, 2007–17 ....................................................................... 41

3.6 Preserves Analysis, 2007–17 ............................................................................. 42

3.6.1 Preserves Market by Value, 2007–17 ........................................................................... 42

3.6.2 Preserves Market by Volume, 2007–17 ........................................................................ 43

3.7 Jams, Jellies & Preserves Brand Analysis, 2009–12 .......................................... 44

3.8 Jams, Jellies & Preserves Distribution Channel Analysis, 2009–12 .................... 47

4. Saudi Arabia Molasses Market Analysis, 2007–17 ................................ 50

4.1 Molasses Value Analysis, 2007–17 .................................................................... 50

4.1.1 Molasses Market by Value, 2007–17 ............................................................................ 50

4.1.2 Average Consumer Price/Kg – Molasses, 2007–17 ...................................................... 52

4.2 Molasses Volume Analysis, 2007–17 ................................................................. 53

4.2.1 Molasses Market by Volume, 2007–17 ......................................................................... 53

4.3 Market Growth Dynamics – Molasses, 2007–17 ................................................ 54

4.3.1 Molasses Market Growth Dynamics by Value, 2007–17 ................................................ 54

4.3.2 Molasses Market Growth Dynamics by Volume, 2007–17 ............................................. 55

4.4 Molasses Brand Analysis, 2009–12 ................................................................... 56

4.5 Molasses Distribution Channel Analysis, 2009–12 ............................................. 58

5. Saudi Arabia Savory Spreads Market Analysis, 2007–17...................... 61

5.1 Savory Spreads Value Analysis, 2007–17 .......................................................... 61

5.1.1 Savory Spreads Market by Value, 2007–17 .................................................................. 61

5.1.2 Average Consumer Price/Kg – Savory Spreads, 2007–17 ............................................ 63

5.1.3 Savory Spreads Market Value by Segments, 2007–17 .................................................. 64

5.2 Savory Spreads Volume Analysis, 2007–17 ....................................................... 67

5.2.1 Savory Spreads Market by Volume, 2007–17 ............................................................... 67

5.2.2 Savory Spreads Market Volume by Segments, 2007–17 ............................................... 68

5.3 Market Growth Dynamics – Savory Spreads, 2007–17 ...................................... 70

5.3.1 Savory Spreads Market Growth Dynamics by Value, 2007–17 ...................................... 70

5.3.2 Savory Spreads Market Growth Dynamics by Volume, 2007–17 ................................... 71

5.4 Beef/Yeast Based Analysis, 2007–17 ................................................................ 72

5.4.1 Beef/Yeast Based Market by Value, 2007–17 ............................................................... 72

5.4.2 Beef/Yeast Based Market by Volume, 2007–17 ............................................................ 73

5.5 Meat & Fish Pastes Analysis, 2007–17 .............................................................. 74

5.5.1 Meat & Fish Pastes Market by Value, 2007–17 ............................................................. 74

5.5.2 Meat & Fish Pastes Market by Volume, 2007–17 .......................................................... 75

5.6 Sandwich Fillers Analysis, 2007–17 ................................................................... 76

5.6.1 Sandwich Fillers Market by Value, 2007–17 .................................................................. 76

5.6.2 Sandwich Fillers Market by Volume, 2007–17 ............................................................... 77




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5.7 Savory Spreads Brand Analysis, 2009–12 ......................................................... 78

5.8 Savory Spreads Distribution Channel Analysis, 2009–12 ................................... 81

6. Saudi Arabia Sweet Spreads Market Analysis, 2007–17 ....................... 84

6.1 Sweet Spreads Value Analysis, 2007–17 ........................................................... 84

6.1.1 Sweet Spreads Market by Value, 2007–17 ................................................................... 84

6.1.2 Average Consumer Price/Kg – Sweet Spreads, 2007–17 .............................................. 86

6.1.3 Sweet Spreads Market Value by Segments, 2007–17 ................................................... 87

6.2 Sweet Spreads Volume Analysis, 2007–17 ........................................................ 90

6.2.1 Sweet Spreads Market by Volume, 2007–17................................................................. 90

6.2.2 Sweet Spreads Market Volume by Segments, 2007–17 ................................................ 91

6.3 Market Growth Dynamics – Sweet Spreads, 2007–17 ....................................... 93

6.3.1 Sweet Spreads Market Growth Dynamics by Value, 2007–17 ....................................... 93

6.3.2 Sweet Spreads Market Growth Dynamics by Volume, 2007–17 .................................... 94

6.4 Chocolate Spreads Analysis, 2007–17 ............................................................... 95

6.4.1 Chocolate Spreads Market by Value, 2007–17 ............................................................. 95

6.4.2 Chocolate Spreads Market by Volume, 2007–17........................................................... 96

6.5 Honey Analysis, 2007–17 .................................................................................. 97

6.5.1 Honey Market by Value, 2007–17 ................................................................................. 97

6.5.2 Honey Market by Volume, 2007–17 .............................................................................. 98

6.6 Nut-Based Spreads Analysis, 2007–17 .............................................................. 99

6.6.1 Nut-Based Spreads Market by Value, 2007–17 ............................................................. 99

6.6.2 Nut-Based Spreads Market by Volume, 2007–17 ........................................................ 100

6.7 Sweet Spreads Brand Analysis, 2009–12 ........................................................ 101

6.8 Sweet Spreads Distribution Channel Analysis, 2009–12 .................................. 104

7. Saudi Arabia Syrups Market Analysis, 2007–17 .................................. 107

7.1 Syrups Value Analysis, 2007–17 ...................................................................... 107

7.1.1 Syrups Market by Value, 2007–17 .............................................................................. 107

7.1.2 Average Consumer Price/Kg – Syrups, 2007–17 ........................................................ 109

7.2 Syrups Volume Analysis, 2007–17 ................................................................... 110

7.2.1 Syrups Market by Volume, 2007–17 ........................................................................... 110

7.3 Market Growth Dynamics – Syrups, 2007–17 .................................................. 111

7.3.1 Syrups Market Growth Dynamics by Value, 2007–17 .................................................. 111

7.3.2 Syrups Market Growth Dynamics by Volume, 2007–17 ............................................... 112

7.4 Syrups Brand Analysis, 2009–12 ..................................................................... 113

7.5 Syrups Distribution Channel Analysis, 2009–12 ............................................... 116

8. Profiles of Companies Active in the Global Syrups & Spreads Market119

8.1 Cargill, Incorporated ......................................................................................... 119

8.1.1 Cargill, Incorporated Business Analysis ...................................................................... 119




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8.1.2 Cargill, Incorporated Major Products and Services ...................................................... 120

8.1.3 Cargill, Incorporated Key Competitors......................................................................... 123

8.1.4 Cargill, Incorporated SWOT Analysis .......................................................................... 123

8.1.5 Cargill, Incorporated History ....................................................................................... 128

8.1.6 Cargill, Incorporated Key Employees .......................................................................... 132

8.1.7 Cargill, Incorporated Locations and Subsidiaries ......................................................... 133

8.2 Unilever PLC .................................................................................................... 138

8.2.1 Unilever PLC Business Analysis ................................................................................. 138

8.2.2 Unilever PLC Major Products and Services ................................................................. 139

8.2.3 Unilever PLC Key Competitors ................................................................................... 140

8.2.4 Unilever PLC SWOT Analysis ..................................................................................... 140

8.2.5 Unilever PLC History .................................................................................................. 146

8.2.6 Unilever PLC Key Employees ..................................................................................... 149

8.2.7 Unilever PLC Locations and Subsidiaries.................................................................... 151

8.3 Reckitt Benckiser Group Plc ............................................................................. 156

8.3.1 Reckitt Benckiser Group Plc Business Analysis .......................................................... 156

8.3.2 Reckitt Benckiser Group Plc Major Products and Services .......................................... 157

8.3.3 Reckitt Benckiser Group Plc Key Competitors ............................................................. 165

8.3.4 Reckitt Benckiser Group Plc SWOT Analysis .............................................................. 165

8.3.5 Reckitt Benckiser Group Plc History ........................................................................... 170

8.3.6 Reckitt Benckiser Group Plc Key Employees .............................................................. 172

8.3.7 Reckitt Benckiser Group Plc Locations and Subsidiaries ............................................. 173

8.4 Land O’Lakes, Inc. ........................................................................................... 178

8.4.1 Land O’Lakes, Inc. Business Analysis......................................................................... 178

8.4.2 Land O’Lakes, Inc. Major Products and Services ........................................................ 179

8.4.3 Land O’Lakes, Inc. Key Competitors ........................................................................... 180

8.4.4 Land O’Lakes, Inc. SWOT Analysis ............................................................................ 180

8.4.5 Land O’Lakes, Inc. History .......................................................................................... 185

8.4.6 Land O’Lakes, Inc. Key Employees ............................................................................ 187

8.4.7 Land O’Lakes, Inc. Locations and Subsidiaries ........................................................... 190

8.5 Grupo Bimbo, S.A.B. de C.V. ........................................................................... 193

8.5.1 Grupo Bimbo, S.A.B. de C.V. Business Analysis ......................................................... 193

8.5.2 Grupo Bimbo, S.A.B. de C.V. Major Products and Services ........................................ 194

8.5.3 Grupo Bimbo, S.A.B. de C.V. Key Competitors ........................................................... 195

8.5.4 Grupo Bimbo, S.A.B. de C.V. SWOT Analysis ............................................................ 195

8.5.5 Grupo Bimbo, S.A.B. de C.V. History .......................................................................... 199

8.5.6 Grupo Bimbo, S.A.B. de C.V. Key Employees ............................................................. 202

8.5.7 Grupo Bimbo, S.A.B. de C.V. Locations and Subsidiaries ........................................... 204

8.6 Nestle USA, Inc. ............................................................................................... 206

8.6.1 Nestle USA, Inc. Business Analysis ............................................................................ 206




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8.6.2 Nestle USA, Inc. Major Products and Services ............................................................ 207

8.6.3 Nestle USA, Inc. Key Competitors .............................................................................. 210

8.6.4 Nestle USA, Inc. SWOT Analysis ................................................................................ 210

8.6.5 Nestle USA, Inc. History ............................................................................................. 214

8.6.6 Nestle USA, Inc. Key Employees ................................................................................ 216

8.6.7 Nestle USA, Inc. Locations and Subsidiaries............................................................... 217

8.7 The Hershey Company .................................................................................... 218

8.7.1 The Hershey Company Business Analysis .................................................................. 218

8.7.2 The Hershey Company Major Products and Services ................................................. 219

8.7.3 The Hershey Company Key Competitors .................................................................... 220

8.7.4 The Hershey Company SWOT Analysis ..................................................................... 220

8.7.5 The Hershey Company History ................................................................................... 224

8.7.6 The Hershey Company Key Employees ...................................................................... 226

8.7.7 The Hershey Company Locations and Subsidiaries .................................................... 227

8.8 Ingredion Incorporated ..................................................................................... 230

8.8.1 Ingredion Incorporated Business Analysis................................................................... 230

8.8.2 Ingredion Incorporated Major Products and Services .................................................. 231

8.8.3 Ingredion Incorporated Key Competitors ..................................................................... 231

8.8.4 Ingredion Incorporated SWOT Analysis ...................................................................... 231

8.8.5 Ingredion Incorporated History .................................................................................... 236

8.8.6 Ingredion Incorporated Key Employees ...................................................................... 238

8.8.7 Ingredion Incorporated Locations and Subsidiaries ..................................................... 240

8.9 The J.M. Smucker Company ............................................................................ 245

8.9.1 The J.M. Smucker Company Business Analysis.......................................................... 245

8.9.2 The J.M. Smucker Company Major Products and Services ......................................... 246

8.9.3 The J.M. Smucker Company Key Competitors ............................................................ 247

8.9.4 The J.M. Smucker Company SWOT Analysis ............................................................. 247

8.9.5 The J.M. Smucker Company History ........................................................................... 252

8.9.6 The J.M. Smucker Company Key Employees ............................................................. 254

8.9.7 The J.M. Smucker Company Locations and Subsidiaries ............................................ 256

8.10 ITC Limited ...................................................................................................... 261

8.10.1 ITC Limited Business Analysis .................................................................................... 261

8.10.2 ITC Limited Major Products and Services ................................................................... 262

8.10.3 ITC Limited Key Competitors ...................................................................................... 263

8.10.4 ITC Limited SWOT Analysis ....................................................................................... 264

8.10.5 ITC Limited History ..................................................................................................... 269

8.10.6 ITC Limited Key Employees ........................................................................................ 272

8.10.7 ITC Limited Locations and Subsidiaries ...................................................................... 274

9. News and Key Events in the Global Syrups & Spreads Market .......... 278




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9.1 Category News ................................................................................................ 278

9.1.1 Hormel Foods reports 2014 first quarter results .......................................................... 278

9.1.2 Falafel King of Boulder recalls Hummus and Wraps over Listeria contamination risk ... 280

9.1.3 Cathedral City introduces new cheese spreadable ...................................................... 280

9.1.4 Post Holdings closes takeover of Golden Boy Foods, Dymatize Enterprises ............... 281

9.1.5 Kitchen by Brad Smoliak recalls Bacon spread over Clostridium contamination ........... 281

9.1.6 Nutroganics partners Clark's Honey to expand presence in US ................................... 282

9.1.7 Albertsons carries Trailblazer Food's offerings in US .................................................. 282

9.1.8 Hershey's unveils new chocolate spreads range in US ................................................ 283

9.1.9 HOPE Foods Gains Certification as Non-GMO VerifiedTransparency at Core of Natural Foods

Company’s Values...................................................................................................... 283

9.1.10 Post Holdings to acquire Golden Boy Foods, Dymatize Enterprises ............................ 284

10. Deal Activities in the Global Syrups & Spreads Market ...................... 285

10.1 Category Deals ................................................................................................ 285

10.1.1 Cargill acquires Leonardo Olive Oil business of Dalmia Continental ............................ 285

10.1.2 Centre Lane acquires candle operations of Lancaster Colony ..................................... 286

10.1.3 Hellers to acquire meats business of Goodman Fielder ............................................... 287

10.1.4 MPS Greenery Developers to divest 30% stake in MPS Food Products ...................... 288

10.1.5 Peak Rock Capital acquires Natural American Foods ................................................. 289

10.1.6 Kewpie Corp. to acquire 23.2% stake in Aohata Corp. ................................................ 290

10.1.7 Ryohin Keikaku to acquire stake in MUJI.tw Co. ......................................................... 292

10.1.8 Hershey to acquire 80% stake in Shanghai Golden Monkey........................................ 294

10.1.9 Shayne Foods to raise US$1 million in equity funding ................................................. 295

10.1.10 Tat Gida to acquire 50% stake in Tedi Icecek Sanayi from Maspex ............................. 296

11. Appendix ................................................................................................. 299

11.1 About Canadean .............................................................................................. 299

11.2 Disclaimer ........................................................................................................ 299




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List of Figures

Figure 1: Saudi Arabia Syrups & Spreads Market Value (LCU m) and Growth (Y-o-Y), 2007–17.................................................. 17 Figure 2: Saudi Arabia Syrups & Spreads Market Value (LCU m) by Category, 2007–17 .............................................................. 20 Figure 3: Saudi Arabia Syrups & Spreads Market Dynamics, by Category, by Market Value, 2007–17 ........................................ 21 Figure 4: Saudi Arabia Syrups & Spreads Market Volume (Kg m) and Growth (Y-o-Y), 2007–17 ................................................. 22 Figure 5: Saudi Arabia Per-Capita Syrups & Spreads Consumption (Kg/head & Y-o-Y growth), 2007–17.................................... 23 Figure 6: Saudi Arabia Syrups & Spreads Market Volume (Kg m) by Category, 2007–17 ............................................................. 25 Figure 7: Saudi Arabia Syrups & Spreads Market Dynamics, by Category, by Market Volume 2007–17 ...................................... 26 Figure 8: Saudi Arabia Jams, Jellies & Preserves Market Value (LCU m) and Growth (Y-o-Y), 2007–17 ..................................... 28 Figure 9: Saudi Arabia Jams, Jellies & Preserves Average Consumer Price (LCU) and Growth (Y-o-Y), 2007–17...................... 29 Figure 10: Saudi Arabia Jams, Jellies & Preserves Market Value (LCU m) by Segments, 2007–17 ............................................. 32 Figure 11: Saudi Arabia Jams, Jellies & Preserves Market Volume (Kg m) and Growth (Y-o-Y), 2007–17 ................................... 33 Figure 12: Saudi Arabia Jams, Jellies & Preserves Market Volume (Kg m) by Segments, 2007–17 ............................................. 35 Figure 13: Saudi Arabia Jams, Jellies & Preserves Market Growth Dynamics by Value, 2007–17 ................................................ 36 Figure 14: Saudi Arabia Jams, Jellies & Preserves Market Growth Dynamics by Volume, 2007–17 ............................................. 37 Figure 15: Saudi Arabia Jams Market by Value (LCU m), 2007–17 ................................................................................................. 38 Figure 16: Saudi Arabia Jams Market by Volume (Kg m), 2007–17................................................................................................. 39 Figure 17: Saudi Arabia Marmalade Market by Value (LCU m), 2007–17 ....................................................................................... 40 Figure 18: Saudi Arabia Marmalade Market by Volume (Kg m), 2007–17 ....................................................................................... 41 Figure 19: Saudi Arabia Preserves Market by Value (LCU m), 2007–17 ......................................................................................... 42 Figure 20: Saudi Arabia Preserves Market by Volume (Kg m), 2007–17 ......................................................................................... 43 Figure 21: Saudi Arabia Jams, Jellies & Preserves Market Value by Brands (LCU m), 2009–12 .................................................. 46 Figure 22: Saudi Arabia Jams, Jellies & Preserves Market Value by Distribution Channel (LCU m), 2009–12 ............................. 49 Figure 23: Saudi Arabia Molasses Market Value (LCU m) and Growth (Y-o-Y), 2007–17 .............................................................. 51 Figure 24: Saudi Arabia Molasses Average Consumer Price (LCU) and Growth (Y-o-Y), 2007–17 .............................................. 52 Figure 25: Saudi Arabia Molasses Market Volume (Kg m) and Growth (Y-o-Y), 2007–17.............................................................. 53 Figure 26: Saudi Arabia Molasses Market Growth Dynamics by Value, 2007–17 ........................................................................... 54 Figure 27: Saudi Arabia Molasses Market Growth Dynamics by Volume, 2007–17........................................................................ 55 Figure 28: Saudi Arabia Molasses Market Value by Brands (LCU m), 2009–12 ............................................................................. 57 Figure 29: Saudi Arabia Molasses Market Value by Distribution Channel (LCU m), 2009–12........................................................ 60 Figure 30: Saudi Arabia Savory Spreads Market Value (LCU m) and Growth (Y-o-Y), 2007–17 ................................................... 62 Figure 31: Saudi Arabia Savory Spreads Average Consumer Price (LCU) and Growth (Y-o-Y), 2007–17.................................... 63 Figure 32: Saudi Arabia Savory Spreads Market Value (LCU m) by Segments, 2007–17.............................................................. 66 Figure 33: Saudi Arabia Savory Spreads Market Volume (Kg m) and Growth (Y-o-Y), 2007–17 ................................................... 67 Figure 34: Saudi Arabia Savory Spreads Market Volume (Kg m) by Segments, 2007–17 ............................................................. 69 Figure 35: Saudi Arabia Savory Spreads Market Growth Dynamics by Value, 2007–17 ................................................................ 70 Figure 36: Saudi Arabia Savory Spreads Market Growth Dynamics by Volume, 2007–17 ............................................................. 71 Figure 37: Saudi Arabia Beef/Yeast Based Market by Value (LCU m), 2007–17 ............................................................................ 72 Figure 38: Saudi Arabia Beef/Yeast Based Market by Volume (Kg m), 2007–17 ............................................................................ 73 Figure 39: Saudi Arabia Meat & Fish Pastes Market by Value (LCU m), 2007–17.......................................................................... 74 Figure 40: Saudi Arabia Meat & Fish Pastes Market by Volume (Kg m), 2007–17 ......................................................................... 75 Figure 41: Saudi Arabia Sandwich Fillers Market by Value (LCU m), 2007–17............................................................................... 76 Figure 42: Saudi Arabia Sandwich Fillers Market by Volume (Kg m), 2007–17 .............................................................................. 77 Figure 43: Saudi Arabia Savory Spreads Market Value by Brands (LCU m), 2009–12 .................................................................. 80 Figure 44: Saudi Arabia Savory Spreads Market Value by Distribution Channel (LCU m), 2009–12 ............................................. 83 Figure 45: Saudi Arabia Sweet Spreads Market Value (LCU m) and Growth (Y-o-Y), 2007–17 .................................................... 85 Figure 46: Saudi Arabia Sweet Spreads Average Consumer Price (LCU) and Growth (Y-o-Y), 2007–17 ..................................... 86 Figure 47: Saudi Arabia Sweet Spreads Market Value (LCU m) by Segments, 2007–17 ............................................................... 89 Figure 48: Saudi Arabia Sweet Spreads Market Volume (Kg m) and Growth (Y-o-Y), 2007–17 .................................................... 90 Figure 49: Saudi Arabia Sweet Spreads Market Volume (Kg m) by Segments, 2007–17 .............................................................. 92 Figure 50: Saudi Arabia Sweet Spreads Market Growth Dynamics by Value, 2007–17 ................................................................. 93 Figure 51: Saudi Arabia Sweet Spreads Market Growth Dynamics by Volume, 2007–17 .............................................................. 94 Figure 52: Saudi Arabia Chocolate Spreads Market by Value (LCU m), 2007–17 .......................................................................... 95 Figure 53: Saudi Arabia Chocolate Spreads Market by Volume (Kg m), 2007–17 .......................................................................... 96 Figure 54: Saudi Arabia Honey Market by Value (LCU m), 2007–17 ............................................................................................... 97 Figure 55: Saudi Arabia Honey Market by Volume (Kg m), 2007–17 ............................................................................................... 98 Figure 56: Saudi Arabia Nut-Based Spreads Market by Value (LCU m), 2007–17 ......................................................................... 99 Figure 57: Saudi Arabia Nut-Based Spreads Market by Volume (Kg m), 2007–17 ....................................................................... 100




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Figure 58: Saudi Arabia Sweet Spreads Market Value by Brands (LCU m), 2009–12 .................................................................. 103 Figure 59: Saudi Arabia Sweet Spreads Market Value by Distribution Channel (LCU m), 2009–12 ............................................ 106 Figure 60: Saudi Arabia Syrups Market Value (LCU m) and Growth (Y-o-Y), 2007–17 ................................................................ 108 Figure 61: Saudi Arabia Syrups Average Consumer Price (LCU) and Growth (Y-o-Y), 2007–17 ................................................ 109 Figure 62: Saudi Arabia Syrups Market Volume (Kg m) and Growth (Y-o-Y), 2007–17................................................................ 110 Figure 63: Saudi Arabia Syrups Market Growth Dynamics by Value, 2007–17 ............................................................................. 111 Figure 64: Saudi Arabia Syrups Market Growth Dynamics by Volume, 2007–17 .......................................................................... 112 Figure 65: Saudi Arabia Syrups Market Value by Brands (LCU m), 2009–12 ............................................................................... 115 Figure 66: Saudi Arabia Syrups Market Value by Distribution Channel (LCU m), 2009–12 .......................................................... 118




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List of Tables

Table 1: Category Definitions - Syrups & Spreads Market............................................................................................................... 13 Table 2: Distribution Channel Definitions - Syrups & Spreads Market ............................................................................................ 14 Table 3: Volume Units for Syrups & Spreads Market ........................................................................................................................ 15 Table 4: Saudi Arabia Exchange Rate LCU (Local Currency Unit) – USD (Annual Average), 2007 – 2012 .................................. 16 Table 5: Saudi Arabia Syrups & Spreads Market Value (LCU m) and Growth (Y-o-Y), 2007–17 ................................................... 17 Table 6: Saudi Arabia Syrups & Spreads Market Value (USD m) and Growth (Y-o-Y), 2007–17 .................................................. 17 Table 7: Saudi Arabia Syrups & Spreads Market Value (LCU m) by Category, 2007–12 ............................................................... 18 Table 8: Saudi Arabia Syrups & Spreads Market Value (LCU m) by Category, 2012–17 ............................................................... 18 Table 9: Saudi Arabia Syrups & Spreads Market Value (USD m) by Category, 2007–12............................................................... 19 Table 10: Saudi Arabia Syrups & Spreads Market Value (USD m) by Category, 2012–17 ............................................................ 19 Table 11: Saudi Arabia Syrups & Spreads Market Dynamics: past and future growth rates (2007–12 & 2012–17) and market

size (2007, 2012 & 2017), by Category, by Value (LCU m) .............................................................................................................. 21 Table 12: Saudi Arabia Syrups & Spreads Market Volume (Kg m) and Growth (Y-o-Y), 2007–17................................................. 22 Table 13: Saudi Arabia Per-capita Syrups & Spreads Consumption (Kg/head & Y-o-Y growth), 2007–17.................................... 23 Table 14: Saudi Arabia Syrups & Spreads Market Volume (Kg m) by Category, 2007–12 ............................................................. 24 Table 15: Saudi Arabia Syrups & Spreads Market Volume (Kg m) by Category, 2012–17 ............................................................. 24 Table 16: Saudi Arabia Syrups & Spreads Market Dynamics: past and future growth rates (2007–12 & 2012–17) and market

size (2007, 2012 & 2017), by Category, by volume (Kg m) .............................................................................................................. 26 Table 17: Saudi Arabia Jams, Jellies & Preserves Market Value (LCU m) and Growth (Y-o-Y), 2007–17 .................................... 27 Table 18: Saudi Arabia Jams, Jellies & Preserves Market Value (USD m) and Growth (Y-o-Y), 2007–17 .................................... 27 Table 19: Saudi Arabia Jams, Jellies & Preserves Average Consumer Price (LCU) and Growth (Y-o-Y), 2007–17 ..................... 29 Table 20: Saudi Arabia Jams, Jellies & Preserves Market Value (LCU m) by Segments, 2007–12 ............................................... 30 Table 21: Saudi Arabia Jams, Jellies & Preserves Market Value (LCU m) by Segments, 2012–17 ............................................... 30 Table 22: Saudi Arabia Jams, Jellies & Preserves Market Value (USD m) by Segments, 2007–12 .............................................. 31 Table 23: Saudi Arabia Jams, Jellies & Preserves Market Value (USD m) by Segments, 2012–17 .............................................. 31 Table 24: Saudi Arabia Jams, Jellies & Preserves Market Volume (Kg m) and Growth (Y-o-Y), 2007–17 .................................... 33 Table 25: Saudi Arabia Jams, Jellies & Preserves Market Volume (Kg m) by Segments, 2007–12 .............................................. 34 Table 26: Saudi Arabia Jams, Jellies & Preserves Market Volume (Kg m) by Segments, 2012–17 .............................................. 34 Table 27: Saudi Arabia Jams, Jellies & Preserves Market Dynamics: past and future growth rates (2007–12 & 2012–17) and

market size (2007, 2012 & 2017), by Value (LCU m), by Segments ................................................................................................ 36 Table 28: Saudi Arabia Jams, Jellies & Preserves Market Dynamics: past and future growth rates (2007–12 & 2012–17) and

market size (2007, 2012 & 2017), by Volume (Kg m), by Segments ................................................................................................ 37 Table 29: Saudi Arabia Jams Market by Value (LCU m), 2007–17 .................................................................................................. 38 Table 30: Saudi Arabia Jams Market by Value (USD m), 2007–17.................................................................................................. 38 Table 31: Saudi Arabia Jams Market by Volume (Kg m), 2007–17 .................................................................................................. 39 Table 32: Saudi Arabia Marmalade Market by Value (LCU m), 2007–17 ........................................................................................ 40 Table 33: Saudi Arabia Marmalade Market by Value (USD m), 2007–17 ........................................................................................ 40 Table 34: Saudi Arabia Marmalade Market by Volume (Kg m), 2007–17 ........................................................................................ 41 Table 35: Saudi Arabia Preserves Market by Value (LCU m), 2007–17 .......................................................................................... 42 Table 36: Saudi Arabia Preserves Market by Value (USD m), 2007–17 .......................................................................................... 42 Table 37: Saudi Arabia Preserves Market by Volume (Kg m), 2007–17 .......................................................................................... 43 Table 38: Saudi Arabia Jams, Jellies & Preserves Market Value by Brands (LCU m), 2009–12.................................................... 44 Table 39: Saudi Arabia Jams, Jellies & Preserves Market Value by Brands (USD m), 2009–12 ................................................... 45 Table 40: Saudi Arabia Jams, Jellies & Preserves Market Value by Distribution Channel (LCU m), 2009–12 .............................. 47 Table 41: Saudi Arabia Jams, Jellies & Preserves Market Value by Distribution Channel (USD m), 2009–12.............................. 48 Table 42: Saudi Arabia Molasses Market Value (LCU m) and Growth (Y-o-Y), 2007–17 ............................................................... 50 Table 43: Saudi Arabia Molasses Market Value (USD m) and Growth (Y-o-Y), 2007–17............................................................... 50 Table 44: Saudi Arabia Molasses Average Consumer Price (LCU) and Growth (Y-o-Y), 2007–17................................................ 52 Table 45: Saudi Arabia Molasses Market Volume (Kg m) and Growth (Y-o-Y), 2007–17 ............................................................... 53 Table 46: Saudi Arabia Molasses Market Dynamics: past and future growth rates (2007–12 & 2012–17) and market size (2007,

2012 & 2017), by Value (LCU m), by Segments ............................................................................................................................... 54 Table 47: Saudi Arabia Molasses Market Dynamics: past and future growth rates (2007–12 & 2012–17) and market size (2007,

2012 & 2017), by Volume (Kg m), by Segments ............................................................................................................................... 55 Table 48: Saudi Arabia Molasses Market Value by Brands (LCU m), 2009–12 .............................................................................. 56 Table 49: Saudi Arabia Molasses Market Value by Brands (USD m), 2009–12 .............................................................................. 56 Table 50: Saudi Arabia Molasses Market Value by Distribution Channel (LCU m), 2009–12 ......................................................... 58 Table 51: Saudi Arabia Molasses Market Value by Distribution Channel (USD m), 2009–12 ........................................................ 59




11

Table 52: Saudi Arabia Savory Spreads Market Value (LCU m) and Growth (Y-o-Y), 2007–17 .................................................... 61 Table 53: Saudi Arabia Savory Spreads Market Value (USD m) and Growth (Y-o-Y), 2007–17 .................................................... 61 Table 54: Saudi Arabia Savory Spreads Average Consumer Price (LCU) and Growth (Y-o-Y), 2007–17 ..................................... 63 Table 55: Saudi Arabia Savory Spreads Market Value (LCU m) by Segments, 2007–12 ............................................................... 64 Table 56: Saudi Arabia Savory Spreads Market Value (LCU m) by Segments, 2012–17 ............................................................... 64 Table 57: Saudi Arabia Savory Spreads Market Value (USD m) by Segments, 2007–12 .............................................................. 65 Table 58: Saudi Arabia Savory Spreads Market Value (USD m) by Segments, 2012–17 .............................................................. 65 Table 59: Saudi Arabia Savory Spreads Market Volume (Kg m) and Growth (Y-o-Y), 2007–17 .................................................... 67 Table 60: Saudi Arabia Savory Spreads Market Volume (Kg m) by Segments, 2007–12 .............................................................. 68 Table 61: Saudi Arabia Savory Spreads Market Volume (Kg m) by Segments, 2012–17 .............................................................. 68 Table 62: Saudi Arabia Savory Spreads Market Dynamics: past and future growth rates (2007–12 & 2012–17) and market size

(2007, 2012 & 2017), by Value (LCU m), by Segments .................................................................................................................... 70 Table 63: Saudi Arabia Savory Spreads Market Dynamics: past and future growth rates (2007–12 & 2012–17) and market size

(2007, 2012 & 2017), by Volume (Kg m), by Segments .................................................................................................................... 71 Table 64: Saudi Arabia Beef/Yeast Based Market by Value (LCU m), 2007–17 ............................................................................. 72 Table 65: Saudi Arabia Beef/Yeast Based Market by Value (USD m), 2007–17 ............................................................................. 72 Table 66: Saudi Arabia Beef/Yeast Based Market by Volume (Kg m), 2007–17 ............................................................................. 73 Table 67: Saudi Arabia Meat & Fish Pastes Market by Value (LCU m), 2007–17 ........................................................................... 74 Table 68: Saudi Arabia Meat & Fish Pastes Market by Value (USD m), 2007–17 .......................................................................... 74 Table 69: Saudi Arabia Meat & Fish Pastes Market by Volume (Kg m), 2007–17........................................................................... 75 Table 70: Saudi Arabia Sandwich Fillers Market by Value (LCU m), 2007–17 ................................................................................ 76 Table 71: Saudi Arabia Sandwich Fillers Market by Value (USD m), 2007–17 ............................................................................... 76 Table 72: Saudi Arabia Sandwich Fillers Market by Volume (Kg m), 2007–17 ................................................................................ 77 Table 73: Saudi Arabia Savory Spreads Market Value by Brands (LCU m), 2009–12 .................................................................... 78 Table 74: Saudi Arabia Savory Spreads Market Value by Brands (USD m), 2009–12 ................................................................... 79 Table 75: Saudi Arabia Savory Spreads Market Value by Distribution Channel (LCU m), 2009–12 .............................................. 81 Table 76: Saudi Arabia Savory Spreads Market Value by Distribution Channel (USD m), 2009–12 .............................................. 82 Table 77: Saudi Arabia Sweet Spreads Market Value (LCU m) and Growth (Y-o-Y), 2007–17...................................................... 84 Table 78: Saudi Arabia Sweet Spreads Market Value (USD m) and Growth (Y-o-Y), 2007–17 ..................................................... 84 Table 79: Saudi Arabia Sweet Spreads Average Consumer Price (LCU) and Growth (Y-o-Y), 2007–17 ...................................... 86 Table 80: Saudi Arabia Sweet Spreads Market Value (LCU m) by Segments, 2007–12 ................................................................ 87 Table 81: Saudi Arabia Sweet Spreads Market Value (LCU m) by Segments, 2012–17 ................................................................ 87 Table 82: Saudi Arabia Sweet Spreads Market Value (USD m) by Segments, 2007–12................................................................ 88 Table 83: Saudi Arabia Sweet Spreads Market Value (USD m) by Segments, 2012–17................................................................ 88 Table 84: Saudi Arabia Sweet Spreads Market Volume (Kg m) and Growth (Y-o-Y), 2007–17 ..................................................... 90 Table 85: Saudi Arabia Sweet Spreads Market Volume (Kg m) by Segments, 2007–12 ................................................................ 91 Table 86: Saudi Arabia Sweet Spreads Market Volume (Kg m) by Segments, 2012–17 ................................................................ 91 Table 87: Saudi Arabia Sweet Spreads Market Dynamics: past and future growth rates (2007–12 & 2012–17) and market size

(2007, 2012 & 2017), by Value (LCU m), by Segments .................................................................................................................... 93 Table 88: Saudi Arabia Sweet Spreads Market Dynamics: past and future growth rates (2007–12 & 2012–17) and market size

(2007, 2012 & 2017), by Volume (Kg m), by Segments .................................................................................................................... 94 Table 89: Saudi Arabia Chocolate Spreads Market by Value (LCU m), 2007–17 ........................................................................... 95 Table 90: Saudi Arabia Chocolate Spreads Market by Value (USD m), 2007–17 ........................................................................... 95 Table 91: Saudi Arabia Chocolate Spreads Market by Volume (Kg m), 2007–17 ........................................................................... 96 Table 92: Saudi Arabia Honey Market by Value (LCU m), 2007–17 ................................................................................................ 97 Table 93: Saudi Arabia Honey Market by Value (USD m), 2007–17 ................................................................................................ 97 Table 94: Saudi Arabia Honey Market by Volume (Kg m), 2007–17 ................................................................................................ 98 Table 95: Saudi Arabia Nut-Based Spreads Market by Value (LCU m), 2007–17........................................................................... 99 Table 96: Saudi Arabia Nut-Based Spreads Market by Value (USD m), 2007–17 .......................................................................... 99 Table 97: Saudi Arabia Nut-Based Spreads Market by Volume (Kg m), 2007–17 ........................................................................ 100 Table 98: Saudi Arabia Sweet Spreads Market Value by Brands (LCU m), 2009–12 ................................................................... 101 Table 99: Saudi Arabia Sweet Spreads Market Value by Brands (USD m), 2009–12................................................................... 102 Table 100: Saudi Arabia Sweet Spreads Market Value by Distribution Channel (LCU m), 2009–12 ........................................... 104 Table 101: Saudi Arabia Sweet Spreads Market Value by Distribution Channel (USD m), 2009–12 ........................................... 105 Table 102: Saudi Arabia Syrups Market Value (LCU m) and Growth (Y-o-Y), 2007–17 ............................................................... 107 Table 103: Saudi Arabia Syrups Market Value (USD m) and Growth (Y-o-Y), 2007–17............................................................... 107 Table 104: Saudi Arabia Syrups Average Consumer Price (LCU) and Growth (Y-o-Y), 2007–17................................................ 109 Table 105: Saudi Arabia Syrups Market Volume (Kg m) and Growth (Y-o-Y), 2007–17 ............................................................... 110 Table 106: Saudi Arabia Syrups Market Dynamics: past and future growth rates (2007–12 & 2012–17) and market size (2007,

2012 & 2017), by Value (LCU m), by Segments ............................................................................................................................. 111




12

Table 107: Saudi Arabia Syrups Market Dynamics: past and future growth rates (2007–12 & 2012–17) and market size (2007,

2012 & 2017), by Volume (Kg m), by Segments ............................................................................................................................. 112 Table 108: Saudi Arabia Syrups Market Value by Brands (LCU m), 2009–12 .............................................................................. 113 Table 109: Saudi Arabia Syrups Market Value by Brands (USD m), 2009–12 .............................................................................. 114 Table 110: Saudi Arabia Syrups Market Value by Distribution Channel (LCU m), 2009–12 ......................................................... 116 Table 111: Saudi Arabia Syrups Market Value by Distribution Channel (USD m), 2009–12 ........................................................ 117 Table 112: Cargill, Incorporated Fast Facts..................................................................................................................................... 119 Table 113: Cargill, Incorporated Major Products and Services....................................................................................................... 120 Table 114: Cargill, Incorporated History .......................................................................................................................................... 128 Table 115: Cargill, Incorporated Key Employees ............................................................................................................................ 132 Table 116: Cargill, Incorporated Other Locations ............................................................................................................................ 133 Table 117: Cargill, Incorporated Subsidiaries .................................................................................................................................. 134 Table 118: Unilever PLC Fast Facts ................................................................................................................................................ 138 Table 119: Unilever PLC Major Products and Services .................................................................................................................. 139 Table 120: Unilever PLC History ...................................................................................................................................................... 146 Table 121: Unilever PLC Key Employees ........................................................................................................................................ 149 Table 122: Unilever PLC Subsidiaries ............................................................................................................................................. 151 Table 123: Reckitt Benckiser Group Plc Fast Facts ........................................................................................................................ 156 Table 124: Reckitt Benckiser Group Plc Major Products and Services .......................................................................................... 157 Table 125: Reckitt Benckiser Group Plc History.............................................................................................................................. 170 Table 126: Reckitt Benckiser Group Plc Key Employees ............................................................................................................... 172 Table 127: Reckitt Benckiser Group Plc Subsidiaries ..................................................................................................................... 173 Table 128: Land O’Lakes, Inc. Fast Facts ....................................................................................................................................... 178 Table 129: Land O’Lakes, Inc. Major Products and Services ......................................................................................................... 179 Table 130: Land O’Lakes, Inc. History ............................................................................................................................................. 185 Table 131: Land O’Lakes, Inc. Key Employees ............................................................................................................................... 187 Table 132: Land O’Lakes, Inc. Other Locations .............................................................................................................................. 190 Table 133: Land O’Lakes, Inc. Subsidiaries .................................................................................................................................... 191 Table 134: Grupo Bimbo, S.A.B. de C.V. Fast Facts ...................................................................................................................... 193 Table 135: Grupo Bimbo, S.A.B. de C.V. Major Products and Services ........................................................................................ 194 Table 136: Grupo Bimbo, S.A.B. de C.V. History ............................................................................................................................ 199 Table 137: Grupo Bimbo, S.A.B. de C.V. Key Employees .............................................................................................................. 202 Table 138: Grupo Bimbo, S.A.B. de C.V. Subsidiaries ................................................................................................................... 204 Table 139: Nestle USA, Inc. Fast Facts ........................................................................................................................................... 206 Table 140: Nestle USA, Inc. Major Products and Services ............................................................................................................. 207 Table 141: Nestle USA, Inc. History................................................................................................................................................. 214 Table 142: Nestle USA, Inc. Key Employees .................................................................................................................................. 216 Table 143: Nestle USA, Inc. Subsidiaries ........................................................................................................................................ 217 Table 144: The Hershey Company Fast Facts ................................................................................................................................ 218 Table 145: The Hershey Company Major Products and Services .................................................................................................. 219 Table 146: The Hershey Company History ...................................................................................................................................... 224 Table 147: The Hershey Company Key Employees ....................................................................................................................... 226 Table 148: The Hershey Company Other Location ......................................................................................................................... 227 Table 149: The Hershey Company Subsidiaries ............................................................................................................................. 228 Table 150: Ingredion Incorporated Fast Facts ................................................................................................................................. 230 Table 151: Ingredion Incorporated Major Products and Services ................................................................................................... 231 Table 152: Ingredion Incorporated History ...................................................................................................................................... 236 Table 153: Ingredion Incorporated Key Employees ........................................................................................................................ 238 Table 154: Ingredion Incorporated Subsidiaries .............................................................................................................................. 240 Table 155: The J.M. Smucker Company Fast Facts ....................................................................................................................... 245 Table 156: The J.M. Smucker Company Major Products and Services ......................................................................................... 246 Table 157: The J.M. Smucker Company History ............................................................................................................................. 252 Table 158: The J.M. Smucker Company Key Employees............................................................................................................... 254 Table 159: The J.M. Smucker Company Subsidiaries .................................................................................................................... 256 Table 160: ITC Limited Fast Facts ................................................................................................................................................... 261 Table 161: ITC Limited Major Products and Services ..................................................................................................................... 262 Table 162: ITC Limited History ......................................................................................................................................................... 269 Table 163: ITC Limited Key Employees........................................................................................................................................... 272 Table 164: ITC Limited Subsidiaries ................................................................................................................................................ 274




13

1. Introduction

1.1 What is this Report About?

This report is the result of Canadean’s extensive market research covering the Syrups & Spreads Market

in Saudi Arabia. It provides detailed segmentation of historic and future Syrups & Spreads Market,

covering key categories and segments.

As such the report is an essential tool for companies active across the Syrups & Spreads industry and for

new players considering entry into Saudi Arabia’s Syrups & Spreads market.

1.2 Definitions

All the data is collected in volume terms. Syrups & Spreads Market refers to domestic Market only and

includes imports. Please note that rounding errors may occur.

1.2.1 This report provides 2012 actual sales; while forecasts are provided for 2013

– 2017

1.2.2 Category Definitions

Table 1: Category Definitions - Syrups & Spreads Market

Category Segment Definition

Jams, Jellies & Preserves Jams A preserve made of crushed fruit e.g. Robertson's Classic Strawberry Jam. Includes jellies, which are preserves made from fruit juice. Does not include marmalade.

Marmalade A preserve made of the pulp and rind of citrus fruits e.g. Golden Shred Marmalade

Preserves Fruit preserves are preparations of fruits, vegetables and sugar, often canned or sealed for long-term storage

Molasses Molasses - sugar-based liquid sweet spreads which are similar to treacles and syrups. To avoid doubt these will always be termed

"molasses" on product labels.

Savory Spreads Beef/Yeast Based All savory spreads. Primary examples include beef/yeast based (e.g.Marmite, Vegemite); pastes and spreads (a mixture of foodstuffs that have been ground/ reduced into a smooth mass); Pate (liver meat

or fowl finely ground or minced, variously seasoned); and sandwich spreads (products specifically designed as a sandwich filler)

Meat & Fish Pastes Pastes is when fish or meat is chemically treated to form a smooth consistency like a paste. Examles include Ayam spread - Salmon

(Singapore)

Sandwich Fillers Spreads that are added to food like sandwiches or breads/rolls to add a flavour to it. It’s a thick paste that is beaten to be consistent. Does not include dips. Example sinclude Best Foods Sandwich Spread Relish

(USA) and Heinz Original Sandwich Spread (UK)

Sweet Spreads Chocolate Spreads All sweet spreads that contain chocolate or chocolate flavoring e.g Nutella. Includes chocolate-and-nut spreads.




14

Table 1: Category Definitions - Syrups & Spreads Market

Category Segment Definition

Honey A sweet yellow syrup made from nectar by bees. Includes liquid and solid honey e.g. Golden Blossom, Sue Bee's and Gale's Traditional Clear Honey

Nut-Based Spreads All other nut-based spreads including Peanut Butter.

Syrups Syrups - technically different to molasses these are sugar based liquid sweet spreads. Includes Golden syrups and treacle. To avoid doubt products are labelled either "syrups" or "treacles".

Source: Canadean © Canadean

1.2.3 Distribution Channel Definitions

Table 2: Distribution Channel Definitions - Syrups & Spreads Market

Distribution Channel Definition

Cash & carries & warehouse clubs

(Cash & Carry)

Cash & carries sell from a wholesale warehouse to customers (small retailers, professional users) who pay on the spot and transport goods away themselves. Warehouse clubs are no-frills stores that sell discounted goods to members who pay an annual fee. Delivered

wholesale sales are not included. In our data only sales from these stores direct to the public (for example through work place deals allowing otherwise regular consumers to shop there) are covered. Example: Makro, Metro, Costco, Sams Club

Discount, variety store & general

merchandise retailers

(Dollar Stores)

Dollar Stores, Variety Stores & General Merchandise Retailers - A variety store or price-

point retailer (including Dollar stores) is a retail store that sells inexpensive items, often with a single price for all items in the store, or a general low price policy. Typical merchandise includes cleaning supplies, toys, household goods and gardening equipment, basic foods

and beverages. A general store, general merchandise store, or small town store carries a (broad) general line of merchandise, often in a medium (and sometimes small) store format, serving the needs of either the surrounding town or rural area. They differ from convenience stores or corner shops in that it will be the main shop for the community rather

than a convenient supplement and typically carries a broader product line. Example: 9 to 9 Dollar Shop.

Convenience stores & gas stations

(Convenience stores)

Convenience Stores - Includes all sales through stores of an area generally less than 300 sq m, that specialize in a limited range of food & grocery products designed primarily for

consumers with top-up shopping needs. Also includes sales in retail outlets attached to gas stations, where fuel is the main revenue driver, kiosks, and newsstands. This also includes small independent retailers, particularly those present in countries such as China and India.

Department stores

(Department stores)

Department Stores - Includes all sales through multi-category retailers, focusing primarily on non-grocery categories with distinct departments specializing in defined product areas. Examples include Bloomingdale's, Macy's, John Lewis and El Corte Ingles.

Hypermarkets & supermarkets

(Hyper/ Super Markets)

Hypermarkets& Supermarkets (incl. discounters) - Hypermarkets/mass merchandisers include all sales through retailers with floor area over 2,500 sq m that carry full lines of both

grocery and general merchandise (e.g. Walmart). Supermarkets include all sales through retailers with a floor area of 300 sq m -2,500 sq m that offer a wide, departmentalized range of groceries, and may carry some general merchandise lines (e.g. Sainsbury's, Kroger). It

also includes hard grocery discounters such as Walmart.

Vending machines

(Vending machines)

Vending machines - Includes paid-for sales from all vending machines not located within a store (e.g. public places, workplaces, pubs & Bars).

Drug stores & Pharmacies

(Pharmacies)

Drug stores & Pharmacies - Stores licensed to dispense prescription (Rx) and over-the-counter (OTC) healthcare products and where these sales account for the majority of

revenues. Also known as Drug store and Health store. This channel does not include supermarkets with pharmacy counters. Example: Hetro and Apollo pharmacies in India.




15

Table 2: Distribution Channel Definitions - Syrups & Spreads Market

Distribution Channel Definition

Food & drinks specialists

(Food & drinks specialists)

Food & drinks specialists - Includes bakers, butchers, delicatessens, drinks specialists, fishmongers, greengrocers, Food & drinks only stores, and single category stores (e.g. stores selling only cheese, or only olives, or only honey, or only Confectionery products)

Example : Amul Dairy shops In India.

eRetailers

(eRetailers)

eRetailers - Includes all sales that take place over the internet, irrespective of whether the vendor is a pure-play internet company or the online offering of a physical retailer. Example: Amazon, SPAR and FutureBazaar.com in India.

Health & Beauty Stores Retailers that generate the majority of their revenue through a specific product type. In the personal care market, this includes specialist stores other than drugstores. Example: Boots in UK, Himalaya In India.

Other general retailers

(Others)

Others - Includes other generalist retail channels not included in the categories above (e.g. market traders, charity stores, student union stores, direct sales, and Duty Free shops).


1.2.4 Volume Units and Aggregations

Table 3: Volume Units for Syrups & Spreads Market

Category Segment Units

Syrups & Spreads Jams, Jellies & Preserves Kg m

Molasses Kg m

Savory Spreads Kg m

Sweet Spreads Kg m

Syrups Kg m


1.2.5 CAGR Definition and Calculation

Compound Annual Growth Rate (CAGR) is the year-over-year growth rate of a value over a specified

period of time.

For this report, CAGR for historic time period is Calculated from 2007-2012, as

CAGR = (( 2012 Value / 2007 Value ) ^ ( 1 / (2012-2007)) ) - 1

CAGR for forecast time period is Calculated from 2012-2017, as

CAGR = (( 2017 Value / 2012 Value ) ^ ( 1 / (2017-2012)) ) - 1

For Brand Analysis and Distribution Channel Analysis, CAGR is Calculated from 2009-2012, as

CAGR = (( 2012 Value / 2009 Value ) ^ ( 1 / (2012-2009)) ) - 1




16

1.2.6 Graphical representation of Brands

Top 10 brands are considered for each category in the market subject to availability of such data. Brand

analysis charts are displayed only for categories where data is available for more than two brands.

1.2.7 Exchange Rates

All research is conducted in local currency in nominal prices. US dollar conversions for all historic data

and for the latest year of actual data (2012 in this report) are made using an annual average exchange

rate. For details please refer to table below. As we do not forecast exchange rates, the forecast data

(from 2013 to 2017) is converted using a fixed 2012 exchange rate. As a result, annual growth rates for

historic data will differ between local currencies and US dollar conversions, whereas they will be the

same for forecasts.

Table 4: Saudi Arabia Exchange Rate LCU (Local Currency Unit) – USD (Annual Average), 2007

– 2012

Currency 2007 2008 2009 2010 2011 2012

LCU – USD XXXX XXXX XXXX XXXX XXXX XXXX


1.2.8 Methodology Summary

In order to create the data for all the reports in this series and ensure its robustness, a comprehensive

and empirically robust research methodology has been adopted. This combines both a large-scale

program of industry research with the results of extensive primary industry interviewing and calling.

Furthermore, all definitions are standardized across products and countries to ensure comparability.

The two main research methods, secondary research and primary research (the program of interviewing

industry contacts), are brought together and because both sets of research processes have been

designed in conjunction with each other they can be combined and consolidated into the final, integrated

data sets.

The secondary research process involves covering publicly available sources, trade associations,

specialist databases, company annual reports, and industry publications. While primary research involves

a major program of interviewing leading industry executives for each category covered in each country –

all with local country experts; typically brand, product and marketing managers for major brands within

each country. These processes help analysts in capturing both qualitative and quantitative information

about the market.

The final stage of the process is the triangulation of inputs obtained from all the research methods with

the analyst’s own understanding of the market in order to finalize the data. Once the data is finalized, it

goes through various top level quality checks prior to publishing.




17

2. Saudi Arabia Syrups & Spreads Market Analysis, 2007–17

2.1 Syrups & Spreads Value Analysis, 2007–17

2.1.1 Overall Syrups & Spreads Market Value, 2007–17

Table 5: Saudi Arabia Syrups & Spreads Market Value (LCU m) and Growth (Y-o-Y), 2007–17

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Market Value

Y-o-Y growth


Table 6: Saudi Arabia Syrups & Spreads Market Value (USD m) and Growth (Y-o-Y), 2007–17

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Market Value

Y-o-Y growth


Figure 1: Saudi Arabia Syrups & Spreads Market Value (LCU m) and Growth (Y-o-Y), 2007–17





18

2.1.2 Syrups & Spreads Market Value by Category, 2007–17

Table 7: Saudi Arabia Syrups & Spreads Market Value (LCU m) by Category, 2007–12

Category 2007 2008 2009 2010 2011 2012 CAGR

2007–12

Jams, Jellies & Preserves

Molasses

Savory Spreads

Sweet Spreads

Syrups

Overall


Table 8: Saudi Arabia Syrups & Spreads Market Value (LCU m) by Category, 2012–17

Category 2012 2013 2014 2015 2016 2017 CAGR

2012–17

Jams, Jellies &

Preserves

Molasses

Savory Spreads

Sweet Spreads

Syrups

Overall





19

Table 9: Saudi Arabia Syrups & Spreads Market Value (USD m) by Category, 2007–12

Category 2007 2008 2009 2010 2011 2012 CAGR

2007–12


Molasses

Savory Spreads

Sweet Spreads

Syrups

Overall


Table 10: Saudi Arabia Syrups & Spreads Market Value (USD m) by Category, 2012–17

Category 2012 2013 2014 2015 2016 2017 CAGR

2012–17


Molasses

Savory Spreads

Sweet Spreads

Syrups

Overall





20

Figure 2: Saudi Arabia Syrups & Spreads Market Value (LCU m) by Category, 2007–17





21

2.1.3 Market Growth Dynamics by Value – Syrups & Spreads, 2007–17

Table 11: Saudi Arabia Syrups & Spreads Market Dynamics: past and future growth rates

(2007–12 & 2012–17) and market size (2007, 2012 & 2017), by Category, by Value (LCU m)

Category CAGR 2012–17 CAGR 2007–12 Market Size

2007 Market Size

2012 Market Size

2017

Jams, Jellies &

Preserves

Molasses

Savory Spreads

Sweet Spreads

Syrups

Overall


Figure 3: Saudi Arabia Syrups & Spreads Market Dynamics, by Category, by Market Value,

2007–17





22

2.2 Syrups & Spreads Volume Analysis, 2007–17

2.2.1 Overall Syrups & Spreads Market Volume, 2007–17

Table 12: Saudi Arabia Syrups & Spreads Market Volume (Kg m) and Growth (Y-o-Y), 2007–17

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Market Volume

Y-o-Y growth


Figure 4: Saudi Arabia Syrups & Spreads Market Volume (Kg m) and Growth (Y-o-Y), 2007–17





23

2.2.2 Per-Capita Consumption - Syrups & Spreads, 2007–17

Table 13: Saudi Arabia Per-capita Syrups & Spreads Consumption (Kg/head & Y-o-Y growth),

2007–17

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Per-Capita

Consumption

Y-o-Y growth


Figure 5: Saudi Arabia Per-Capita Syrups & Spreads Consumption (Kg/head & Y-o-Y growth),

2007–17





24

2.2.3 Syrups & Spreads Market Volume by Category, 2007–17

Table 14: Saudi Arabia Syrups & Spreads Market Volume (Kg m) by Category, 2007–12

Category 2007 2008 2009 2010 2011 2012 CAGR

2007–12


Molasses

Savory Spreads

Sweet Spreads

Syrups

Overall


Table 15: Saudi Arabia Syrups & Spreads Market Volume (Kg m) by Category, 2012–17

Category 2012 2013 2014 2015 2016 2017 CAGR

2012–17

Jams, Jellies &

Preserves

Molasses

Savory Spreads

Sweet Spreads

Syrups

Overall





25

Figure 6: Saudi Arabia Syrups & Spreads Market Volume (Kg m) by Category, 2007–17





26

2.2.4 Market Growth Dynamics by Volume – Syrups & Spreads, 2007–17

Table 16: Saudi Arabia Syrups & Spreads Market Dynamics: past and future growth rates

(2007–12 & 2012–17) and market size (2007, 2012 & 2017), by Category, by volume (Kg m)

Category CAGR 2012–17 CAGR 2007–12 Market Size

2007 Market Size

2012 Market Size

2017

Jams, Jellies &

Preserves

Molasses

Savory Spreads

Sweet Spreads

Syrups

Overall


Figure 7: Saudi Arabia Syrups & Spreads Market Dynamics, by Category, by Market Volume

2007–17


Documents

The Future of the Syrups & Spreads Market in Saudi Arabia ... 673 1. The Future of the Syrups & Spreads Market in Saudi Arabia to 2017 Market Size, Distribution and Brand Share, Key