Global Almond Butter Market Size study, by Nature (Organic, Conventional), by Product (Regular, Flavored), by Distribution Channel (Supermarket/Hypermarket, Speciality Stores, Online Stores, Others) and Regional Forecasts 2022-2028

Global Almond Butter Market Size study, by Nature (Organic, Conventional), by Product (Regular, Flavored), by Distribution Channel (Supermarket/Hypermarket, Speciality Stores, Online Stores, Others) and Regional Forecasts 2022-2028

Global Almond Butter Market is valued at approximately USD 665.25 million in 2021 and is anticipated to grow with a healthy growth rate of more than 8.2 % over the forecast period 2022-2028. Almond Butter is a meal paste crafted from uncooked or roasted almonds. Almond Butter is commonly used as bread spreads or dips for snacks. Almond Butter is hydrating, moisturizing, and herbal emollient making it perfect to be used in massage. Because of tremendous moisturizing impact and spreading cap potential Almond Butter Marketplace is anticipated to develop in the forecasted period. Rising market call for herbal primarily based cosmetics, skincare merchandise is similarly using the marketplace boom. Almond Butter is extensively used in a variety of foods, making it a beneficial choice for health-conscious consumers and providing unparalleled growth opportunities for almond oil production. Almonds are added to a variety of foods and have numerous nutritional benefits, including vitamins, protein, carbohydrates, fiber, fat, and more. Over 3 million Americans are allergic to peanuts or tree nuts, creating lucrative growth opportunities for Almond Butter Market. Manufacturers are adopting strategies of adoption and expansion to meet the increasing demand for Almond Butter. For instance- in April 2021, Pretzels, Inc. announced its product line expansion to offer Almond Butter-filled pretzels. Insights leading to the launch of Almond Butter-filled pretzels are Almond Butter is the most preferred product in the nut butter category, growing up to 19% compared to the overall 9% growth in the nut butter category in 2020. However, the high cost associated with Almond Butter impedes the growth of the market over the forecast period of 2022-2028. Fluctuations in almond prices around the world are one of the limiting factors affecting the Almond Butter Market.

The key regions considered for the Global Almond Butter Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. From 2022 to 2028, the Asia Pacific regional market is expected to grow at the fastest rate. The Asia - Pacific market is considered to have the fastest revenue growth. Widespread increased use of almonds and increased occupancy in the foodservice industry in countries such as China and India are expected to drive growth in the Asia-Pacific region. Due to increase per capita income and increased consumption of bakeries and snacks, South Asia is expected to witness a high growth rate in the Almond Butter Market.

Major market players included in this report are:
Barney Butter
Maranatha
Futter’s Nut Butter
Once Again Nut Butter
Cache Creek Foods
Sokol & Company
Dakini Health Foods
Edunuts
The J.M. Smucker Company
Nuts ‘N More
California Almonds
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Nature:
Organic
Conventional
By Product:
Regular
Flavoured
By Distribution Channel:
Supermarket/Hypermarket
Specialty Stores
Online Stores
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Almond Butter Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

Barney Butter
Maranatha
Futter’s Nut Butter
Once Again Nut Butter
Cache Creek Foods
Sokol & Company
Dakini Health Foods
Edunuts
The J.M. Smucker Company
Nuts ‘N More
California Almonds

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