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Pulished Date April, 2021
ID: 3598
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North America Nut Based Spreads Market By Product Type (Nut Based Spreads Milk, Yogurt Smoothies) And By Country (US, Canada and Rest of North America) - Growth, Size, Share, Trends, and Forecasts (2021-2026)

Pulished: April, 2021
ID: 3598
Pages: 145

North America Nut Based Spreads Market Growth and Forecast (2021-2026):

The North America Nut Based Spreads Market was worth USD 2.25 billion in 2021 and estimated to be growing at a CAGR of 7.50%, to reach USD 3.23 billion by 2026.

Market Overview:

Peanut butter has led the way for other nut-based spreads like almond, cashew, macadamia nut, coconut and walnut to enter the industry and offer a wider variety of spreads for consumers.

Around 7.7% of consumers have switched from jam to peanut butter. The nut spread sales is largely dependent on the sales of bread. Peanut butter and chocolate spreads are displacing jam and marmalade as the most popular breakfast spreads.


The North America Nut Based Spreads market is driven by factors including the rising consumer preference to replace jams by nut based spreads. The rising health consciousness among consumers has further given way to low calorie spreads. The latest trend of food spreads becoming an integral part of every breakfast has led to a steady growth of the market.

North America Nut Based Spreads Market Segmentation Analysis:

The North America Nut Based Spreads market is segmented on the basis of product type and by region. On the basis of product type, the market is segmented into peanut based spreads, almond based spreads, walnut based spreads, cashews based spreads and others.

Region Analysis:

Geographically the North America Nut Based Spreads Market is segmented into US, Canada and Rest of North America. The North America market has been geographically segmented into segmented into US and Canada. The North American region holds the major stake in the aggregate income of Global Nut Based Spreads market in 2016 because of noteworthy growth in consumption, brought about by established distribution channels.

Key Players in the Market:

Major Key Players in the North America Nut Based Spreads Market are

  • J.M. Smucker
  • Kraft Foods
  • Unilever Group
  • ConAgra foods Inc
  • Sioux Honey Association
  • B & G Foods
  • Ferrero Group
  • Nestle
  • Hershey Co
  • Welch Foods Inc


                1.1 Market Definition                  

                1.2 Study Deliverables                

                1.3 Base Currency, Base Year and Forecast Periods  

                1.4 General Study Assumptions               

2. Research Methodology                    

                2.1 Introduction                   

                2.2 Research Phases 

                                2.2.1 Secondary Research      

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling

                                2.2.4 Expert Validation  

                2.3 Analysis Design 

                2.4 Study Timeline  

3. Overview                                                                                       

                3.1 Executive Summary  

                3.2 Key Inferences         

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)  

                4.1 Market Drivers          

                4.2 Market Restraints                       

                4.3 Key Challenges        

                4.4 Current Opportunities in the Market 

5. Market Segmentation                                           

                5.1 Product Type     

                                5.1.1 Introduction

                                5.1.2 Peanut Based Spreads 

                                5.1.3 Almond Based Spreads

                                5.1.4 Walnut Based Spreads  

                                5.1.5 Cashews Based Spreads 

                                5.1.6 Others                                                      

                                5.1.7  Y-o-Y Growth Analysis, By Product Type 

                                5.1.7  Market Attractiveness Analysis, By Product Type  

                                5.1.8  Market Share Analysis, By Product Type  

6. Geographical Analysis                           

                6.1 Introduction     

                                6.1.1 Regional Trends  

                                6.1.2 Impact Analysis 

                                6.1.3 Y-o-Y Growth Analysis 

                                       By Geographical Area  

                                       By Product Type

                                6.1.4  Market Attractiveness Analysis  

                                       By Geographical Area 

                                       By Product Type  

                                6.1.5  Market Share Analysis 

                                       By Geographical Area

                                       By Product Type

                6.2 United States                             

                6.3 Canada                                                                         

7. Strategic Analysis                                      

                7.1 PESTLE analysis 

                                7.1.1 Political                                                     

                                7.1.2 Economic                                                 

                                7.1.3 Social                                                         

                                7.1.4 Technological

                                7.1.5 Legal                                                          

                                7.1.6 Environmental  

                7.2 Porter’s Five analysis                         

                                7.2.1 Bargaining Power of Suppliers 

                                7.2.2 Bargaining Power of Consumers

                                7.2.3 Threat of New Entrants   

                                7.2.4 Threat of Substitute Products and Services  

                                7.2.5 Competitive Rivalry within the Industry  

8. Market Leaders' Analysis                             

                8.1 J.M. Smucker 

                                8.1.1 Overview                                                 

                                8.1.2 Product Analysis    

                                8.1.3 Financial analysis   

                                8.1.4 Recent Developments   

                                8.1.5 SWOT analysis   

                                8.1.6 Analyst View    

                8.2 Kraft Foods                                                                 

                8.3 Unilever Group                        

                8.4 ConAgra Foods Inc.                  

                8.5 Sioux Honey Association            

                8.6 B & G Foods                                                               

                8.7 Ferrero Group             

                8.8 Nestle                                                                           

                8.9 Hershey Co                                                                 

                8.10 Welch Foods Inc.          

9. Competitive Landscape                                                        

                9.1 Market share analysis  

                9.2 Merger and Acquisition Analysis

                9.3 Agreements, collaborations and Joint Ventures              

                9.4 New Product Launches  

10. Market Outlook and Investment Opportunities             


                a) List of Tables                                                                

                b) List of Figures                                                                              


  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • The Segment-level analysis in terms of By Product Type and along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market



  1. North America Nut Based Spreads Market By Product Type, From 2021-2026 ( USD Billion )
  2. North America Peanut Basaed Market By Region, From 2021-2026 ( USD Billion )
  3. North America Almond Based Market By Region, From 2021-2026 ( USD Billion )
  4. North America Walnut Based Market By Region, From 2021-2026 ( USD Billion )
  5. North America Cashews Based Market By Region, From 2021-2026 ( USD Billion )
  6. North America Others Market By Region, From 2021-2026 ( USD Billion )
  7. United States Nut Based Spreads Market By Product Type, From 2021-2026 ( USD Billion )
  8. Canada Nut Based Spreads Market By Product Type, From 2021-2026 ( USD Billion )

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