Global Nut Based Spread Market Size Study & Forecast, by Product Type (Peanut-based Spreads, Hazelnut-based Spreads, Almond-based Spreads, Walnut-based Spreads, Other Product Types), by Distribution Channel (Hypermarkets/Supermarkets, Convenience Stores,

Global Nut Based Spread Market Size Study & Forecast, by Product Type (Peanut-based Spreads, Hazelnut-based Spreads, Almond-based Spreads, Walnut-based Spreads, Other Product Types), by Distribution Channel (Hypermarkets/Supermarkets, Convenience Stores, Specialist Retailers, Other Distribution Channels) and Regional Analysis, 2023-2030


Global Nut Based Spread Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2023-2030. Nut-based spread refers to a type of spreadable food product made primarily from ground nuts, such as almonds, hazelnut , cashews, and so on. These spreads are often used as alternatives to traditional spreads such as butter or margarine. Nut-based spreads are known for their rich and creamy texture, along with their distinct nutty flavor. Additionally, the growing consumer focus on health and wellness, coupled with the rise in disposable income in emerging nations, has led to an increased preference for high-quality nut based spread products.

The rising popularity of plant-based diets and the increasing number of vegan consumers have boosted the demand for nut-based spreads as a viable alternative to traditional spreads. According to data published by Sentient Media in March 2022, the Good Food Institute forecasts that plant-based food sales experienced three times faster growth compared to overall food sales in 2021. Additionally,. Moreover, According to a 2023 report by the Good Food Institute, there are an estimated 290 million vegans worldwide. This number is up from 280 million in 2021 and is expected to continue growing in the coming years. In addition, the expanding distribution channels, effective marketing strategies, and product innovation by manufacturers are providing lucrative opportunities for the growth of the Nut-Based Spread Market. However, potential allergic reactions to nuts, as well as higher product pricing compared to conventional spreads, impede the market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Nut Based Spread Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the increase in the production of nut-based spreads in the region, with a focus on utilizing high-quality ingredients and innovative manufacturing processes. This has resulted in a wide variety of nut-based spread options available to consumers in North America.
Additionally, there is a rising demand for low-fat spreads in the region, driven by the growing health-consciousness among consumers. Asia Pacific is expected to grow at a fastest rate over the forecast period, owing to its large population base and the rapid expansion of the food and beverage industry in the region. The increasing popularity of packaged foods also contributes to the demand for nut-based spreads in Asian countries. The rising demand for hazelnut low-fat spreads is a key factor driving the growth of the Nut-Based Spreads Market in the Asia-Pacific region.

Major market player included in this report are:
The J.M. Smucker Company
The Kraft Heinz Company
Hormel Foods Corporation
Ferrero International
Conagra Foods Inc.
Nestle SA
The Hershey Company
Andros Group
General Mills Inc.
August Storck KG

Recent Developments in the Market:
 In April 2022, Toffifee introduced its range of hazelnut spreads in the United Kingdom, featuring enticing flavors such as crunchy roasted hazelnut, delightful caramel cup, smooth hazelnut spread, and indulgent rich chocolate. The spreads are available in both family-sized packaging and individual units.
 In January 2021, The J. M. Smucker Company was focused on strengthening its product assortment, and as part of this effort, their renowned brand Jif announced the upcoming launch of Jif Natural Squeeze Creamy Peanut Butter Spread. This new product innovation from the Jif brand is predicted to be conveniently available on digital platforms and select retail outlets.

Global Nut Based Spread Market Report Scope:
Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered – Product Type, Distribution Channel, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa

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 years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential 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 Product Type:
Peanut-based Spreads
Hazelnut-based Spreads
Almond-based Spreads
Walnut-based Spreads
Cashew-based Spreads
Other Product Types

By Distribution Channel:
Hypermarkets/Supermarkets
Convenience Stores
Specialist Retailers
Online Retail Stores
Other Distribution Channels

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

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Companies Mentioned
The J.M. Smucker Company
The Kraft Heinz Company
Hormel Foods Corporation
Ferrero International
Conagra Foods Inc.
Nestle SA
The Hershey Company
Andros Group
General Mills Inc.
August Storck KG

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.


Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Nut Based Spread Market, by Region, 2020-2030 (USD Billion)
1.2.2. Nut Based Spread Market, by Product Type, 2020-2030 (USD Billion)
1.2.3. Nut Based Spread Market, by Distribution Channel, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Nut Based Spread Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Nut Based Spread Market Dynamics
3.1. Nut Based Spread Market Impact Analysis (2020-2030)
3.1.1. Market Drivers
3.1.1.1. Rise in consumer disposable income
3.1.1.2. Growing consumer focus on health and wellness
3.1.2. Market Challenges
3.1.2.1. Allergic reactions to nuts
3.1.2.2. Higher product pricing compared to conventional spreads
3.1.3. Market Opportunities
3.1.3.1. Expanding distribution channels
3.1.3.2. Product innovation by market players
Chapter 4. Global Nut Based Spread Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Nut Based Spread Market, by Product Type
5.1. Market Snapshot
5.2. Global Nut Based Spread Market by Product Type, Performance - Potential Analysis
5.3. Global Nut Based Spread Market Estimates & Forecasts by Product Type 2020-2030 (USD Billion)
5.4. Nut Based Spread Market, Sub Segment Analysis
5.4.1. Peanut-based Spreads
5.4.2. Hazelnut-based Spreads
5.4.3. Almond-based Spreads
5.4.4. Walnut-based Spreads
5.4.5. Cashew-based Spreads
5.4.6. Other Product Types
Chapter 6. Global Nut Based Spread Market, by Distribution Channel
6.1. Market Snapshot
6.2. Global Nut Based Spread Market by Distribution Channel, Performance - Potential Analysis
6.3. Global Nut Based Spread Market Estimates & Forecasts by Distribution Channel 2020-2030 (USD Billion)
6.4. Nut Based Spread Market, Sub Segment Analysis
6.4.1. Hypermarkets/Supermarkets
6.4.2. Convenience Stores
6.4.3. Specialist Retailers
6.4.4. Online Retail Stores
6.4.5. Other Distribution Channels
Chapter 7. Global Nut Based Spread Market, Regional Analysis
7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. Nut Based Spread Market, Regional Market Snapshot
7.4. North America Nut Based Spread Market
7.4.1. U.S. Nut Based Spread Market
7.4.1.1. Product Type breakdown estimates & forecasts, 2020-2030
7.4.1.2. Distribution Channel breakdown estimates & forecasts, 2020-2030
7.4.2. Canada Nut Based Spread Market
7.5. Europe Nut Based Spread Market Snapshot
7.5.1. U.K. Nut Based Spread Market
7.5.2. Germany Nut Based Spread Market
7.5.3. France Nut Based Spread Market
7.5.4. Spain Nut Based Spread Market
7.5.5. Italy Nut Based Spread Market
7.5.6. Rest of Europe Nut Based Spread Market
7.6. Asia-Pacific Nut Based Spread Market Snapshot
7.6.1. China Nut Based Spread Market
7.6.2. India Nut Based Spread Market
7.6.3. Japan Nut Based Spread Market
7.6.4. Australia Nut Based Spread Market
7.6.5. South Korea Nut Based Spread Market
7.6.6. Rest of Asia Pacific Nut Based Spread Market
7.7. Latin America Nut Based Spread Market Snapshot
7.7.1. Brazil Nut Based Spread Market
7.7.2. Mexico Nut Based Spread Market
7.8. Middle East & Africa Nut Based Spread Market
7.8.1. Saudi Arabia Nut Based Spread Market
7.8.2. South Africa Nut Based Spread Market
7.8.3. Rest of Middle East & Africa Nut Based Spread Market
Chapter 8. Competitive Intelligence
8.1. Key Company SWOT Analysis
8.1.1. Company 1
8.1.2. Company 2
8.1.3. Company 3
8.2. Top Market Strategies
8.3. Company Profiles
8.3.1. The J.M. Smucker Company
8.3.1.1. Key Information
8.3.1.2. Overview
8.3.1.3. Financial (Subject to Data Availability)
8.3.1.4. Product Summary
8.3.1.5. Recent Developments
8.3.2. The Kraft Heinz Company
8.3.3. Hormel Foods Corporation
8.3.4. Ferrero International
8.3.5. Conagra Foods Inc.
8.3.6. Nestle SA
8.3.7. The Hershey Company
8.3.8. Andros Group
8.3.9. General Mills Inc.
8.3.10. August Storck KG
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption
List of Tables
TABLE 1. Global Nut Based Spread Market, report scope
TABLE 2. Global Nut Based Spread Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Nut Based Spread Market estimates & forecasts by Product Type 2020-2030 (USD Billion)
TABLE 4. Global Nut Based Spread Market estimates & forecasts by Distribution Channel 2020-2030 (USD Billion)
TABLE 5. Global Nut Based Spread Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 6. Global Nut Based Spread Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Nut Based Spread Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Nut Based Spread Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Nut Based Spread Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Nut Based Spread Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Nut Based Spread Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Nut Based Spread Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Nut Based Spread Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Nut Based Spread Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. U.S. Nut Based Spread Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Nut Based Spread Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 17. U.S. Nut Based Spread Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. Canada Nut Based Spread Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 19. Canada Nut Based Spread Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20. Canada Nut Based Spread Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. UK Nut Based Spread Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 22. UK Nut Based Spread Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23. UK Nut Based Spread Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. Germany Nut Based Spread Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 25. Germany Nut Based Spread Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26. Germany Nut Based Spread Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. France Nut Based Spread Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 28. France Nut Based Spread Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29. France Nut Based Spread Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. Italy Nut Based Spread Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 31. Italy Nut Based Spread Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32. Italy Nut Based Spread Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Spain Nut Based Spread Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 34. Spain Nut Based Spread Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35. Spain Nut Based Spread Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. RoE Nut Based Spread Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 37. RoE Nut Based Spread Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38. RoE Nut Based Spread Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. China Nut Based Spread Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 40. China Nut Based Spread Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41. China Nut Based Spread Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. India Nut Based Spread Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 43. India Nut Based Spread Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44. India Nut Based Spread Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. Japan Nut Based Spread Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 46. Japan Nut Based Spread Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47. Japan Nut Based Spread Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. South Korea Nut Based Spread Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 49. South Korea Nut Based Spread Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50. South Korea Nut Based Spread Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. Australia Nut Based Spread Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 52. Australia Nut Based Spread Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53. Australia Nut Based Spread Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. RoAPAC Nut Based Spread Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 55. RoAPAC Nut Based Spread Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56. RoAPAC Nut Based Spread Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. Brazil Nut Based Spread Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 58. Brazil Nut Based Spread Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59. Brazil Nut Based Spread Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Mexico Nut Based Spread Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 61. Mexico Nut Based Spread Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62. Mexico Nut Based Spread Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. RoLA Nut Based Spread Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 64. RoLA Nut Based Spread Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65. RoLA Nut Based Spread Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. Saudi Arabia Nut Based Spread Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 67. South Africa Nut Based Spread Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68. RoMEA Nut Based Spread Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global Nut Based Spread Market
TABLE 70. List of primary sources, used in the study of global Nut Based Spread Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered
List of tables and figures are dummy in nature, final lists may vary in the final deliverable
List of figures
FIGURE 1. Global Nut Based Spread Market, research methodology
FIGURE 2. Global Nut Based Spread Market, Market estimation techniques
FIGURE 3. Global Market size estimates & forecast methods
FIGURE 4. Global Nut Based Spread Market, key trends 2022
FIGURE 5. Global Nut Based Spread Market, growth prospects 2023-2030
FIGURE 6. Global Nut Based Spread Market, porters 5 force model
FIGURE 7. Global Nut Based Spread Market, pest analysis
FIGURE 8. Global Nut Based Spread Market, value chain analysis
FIGURE 9. Global Nut Based Spread Market by segment, 2020 & 2030 (USD Billion)
FIGURE 10. Global Nut Based Spread Market by segment, 2020 & 2030 (USD Billion)
FIGURE 11. Global Nut Based Spread Market by segment, 2020 & 2030 (USD Billion)
FIGURE 12. Global Nut Based Spread Market by segment, 2020 & 2030 (USD Billion)
FIGURE 13. Global Nut Based Spread Market by segment, 2020 & 2030 (USD Billion)
FIGURE 14. Global Nut Based Spread Market, regional snapshot 2020 & 2030
FIGURE 15. North America Nut Based Spread Market 2020 & 2030 (USD Billion)
FIGURE 16. Europe Nut Based Spread Market 2020 & 2030 (USD Billion)
FIGURE 17. Asia pacific Nut Based Spread Market 2020 & 2030 (USD Billion)
FIGURE 18. Latin America Nut Based Spread Market 2020 & 2030 (USD Billion)
FIGURE 19. Middle East & Africa Nut Based Spread Market 2020 & 2030 (USD Billion)
List of tables and figures are dummy in nature, final lists may vary in the final deliverable

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings