Commenting on the report, an analyst from the research team said: The market is experiencing evolving taste preferences. In response to the growing interest in unique styles, local products, and artisanal flavors, manufacturers are expanding production.
According to the report, the demand for gourmet jams and preserves contributed significantly to the growth of the market in 2015. Many consumers perceive gourmet jams and preserves as self-indulgent luxuries. Consumers like to indulge in such products and are willing to pay a higher price for them as these products are perceived to have exceptional characteristics.
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?