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Pulished Date February, 2020
ID: 3597
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Global Nut Based Spreads Market Analysis By Product Type (Peanut Based, Almond Based, Walnut Based, Cashews Based) and by Regional Analysis (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast (2021 – 2026)

Pulished: February, 2020
ID: 3597
Pages: 185

Nut based Spreads Market Growth and Forecast (2021-2026):

The global Nut based Spreads Market size was evaluated to be USD 7.51 billion in 2021 and is predicted to reach USD 11.5 billion by the end of 2026, by garnering a CAGR of about 7% over the projection time.

Nut Based Spreads Market

Market Overview:

Nut-based spreads are finding an expanded utilization among the customers, attributable to the nourishing advantages of the spreads, the diverse mouth-feel from ordinary spreads, and so on. Nutty spread sensitivities have prompted the decrease in the peanut spread market and thus prompted the expansion in the utilization of other nut-based spreads.

Almond holds a bigger part among the nut-based spreads followed by hazelnut spreads. There is an incredible breadth for improvement in the market, significantly the mixing of flavors. Aside from the entrenched brands, different little players are likewise entering the market with a wide item portfolio.

Nut based Spreads Market Trends:

Hazelnut Spreads is the Fastest Growing Segment

Hazelnut spreads are the second biggest fragment with just almond spreads in front of it. Hazelnut additionally adds to the chocolate and other nut-based spreads. Buyers looking for different solid choices of spreads are additionally boosting the hazelnut market. The purchasers who follow plant-based weight control plans are the significant clients of nut-based spreads. The significant players are using this chance to deliver protein-rich spreads from plant sources. The high sugar substance of the hazelnut chocolate spreads has negatively affected the market as the buyers are turning out to be more well-being cognizant and are searching for low sugar substitutes.

North America is the Largest Market for Global Nut based Spreads Market

The North American spreads business is an entrenched market and the production of nut-based spreads in the locale is independent. Nut based spreads are typical in the North American market with numerous products in the marketplace and usage as a part of breakfast. The US is the biggest market in North America and records for around 30% of the locale's offer. Expanding interest for low-fat spreads is the main consideration driving the nut-based spreads in North America. Significant brands, for example, Nutella are overwhelming the market and concocting different developments, for example, spreads made with natural ingredients for example liberated from added substances like fake sugars, gelling operators and so on.

Recent Developments in Nut based Spreads Industry:

  • A nutty spread mix that is not just stuffed with exquisite flavors, smooth crunchy surfaces, and next-level supplements, yet additionally some significantly feel great vibes as well. NuttZo 7 Nut and Seed Butter is a natural and family-run organization. New products in the market, such as Nut Pro (nut-based), Chocolate Peanut Pro, Power Fuel (almonds without peanuts), or Power Fuel Chocolate, along with a crunchy surface are increasing more demand for these spreads.
  • Natural food brand, Whole Earth, extended its UK run with the dispatch of another almond margarine which is by chance its first non-nut based spread. The brand expects to target wellbeing cognizant purchasers who are searching for a spread high in protein and fibre. The new item is the most recent advance in Whole Earth's Nature's Wonder-Fuel battle, which centres on supporting solid ways of life with common items.

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2020 – 2026

Base Year

2020

Forecast Period

2021 - 2026

CAGR

7%

Segments Covered

By Product Type and Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

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

Drivers and Restraints:

As an ever-increasing number of shoppers change from conventional jam and jam to nut-based spreads for breakfast, the global nut-based spreads market is foreseen to develop at a generous pace. Nut-based spreads are used with staple foods in Western diets, which however, is now rapidly expanding to the areas of eastern and central parts of the world. The rising admission of nut-based spreads in East Asian nations has helped the worldwide deals of nut-based spreads. Peanuts and nutty spread spreads are progressively devoured by veggie lovers and vegans attributable to their high plant-based protein content. The developing prominence of nut-based spreads among the rising veggie lover and vegetarian purchaser base in the west has enlarged the utilization of nut-based spreads. With expanding customer interest for low-fat nut-based spreads, producers have presented low-fat nut put together spreads low with respect to calories to take into account the fragment of calorie cognizant shopper base. The presentation of low-fat nut spreads is anticipated to invigorate the development of the nut-based spreads much further.

Opportunity:

Growing populace and worldwide appropriation of bread and English breakfast expanded the use of Nut Based Spreads all around. With expanded interest for scrumptious yet healthy products, the nut-based spreads market seems promising. With every one of these components' positive impact, the global nut-based spreads market is relied upon to hit 6.8 billion USD deals in the figure time frame.

Nut based Spreads Market Segmentation Analysis:

By Product Type:

  • Peanut Based Spreads                                       
  • Almond Based Spreads                                     
  • Walnut Based Spreads                                      
  • Cashews Based Spreads                                   
  • Others     

Geographical Segmentation Analysis:

  • North America - the United States and Canada
  • Europe - United Kingdom, Spain, Germany, Italy, and France
  • The Asia Pacific - India, Japan, China, Australia, Singapore, Malaysia, South Korea, New Zealand, and Southeast Asia
  • Latin America  - Brazil, Argentina, Mexico, and Rest of LATAM
  • The Middle East and Africa - Africa and Middle East (Saudi Arabia, UAE, Lebanon, Jordan, Cyprus)

Regional Analysis:

Geologically, the market is investigated in North America, Europe, Asia-Pacific, and the Rest of the World. North America held the biggest piece of the overall industry in the global nut-based spreads showcase in 2018. This is ascribed to an entrenched market for spreads, for example, sticks and margarine with the nearness of significant brands, for example, Nutella, in the locale. Further, Europe and Asia-Pacific are relied upon to follow North America as far as income expansion over the estimated time frame. In addition, the market is portrayed by the nearness of a few players working in the market over the globe.

Asia-Pacific is ready to show the quickest development over the conjecture time frame

Asia-Pacific is relied upon to show noteworthy development during the anticipated time. The development is ascribed to the huge populace base combined with the quickly extending food and refreshment industry in the area. Additionally, the expanding pattern of packaged foods further makes the interest in nut-based spreads across Asian nations. Expanding interest for hazelnut low-fat spreads is enlarging the development of the Asia-Pacific nut-based spreads market over the conjecture time frame.

Competitive Landscape:

The global nut-based spread market is an exceptionally developing industry with a few significant players holding over 60% of the pie. JM Smucker's, Kraft Foods Group, ConAgra Foods Inc., and Hormel Foods Corporation rule this market. Aside from the significant players, there are numerous different players contending in the market.

Key Players in the Market:

Major Key Players in the Global 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. Introduction                                                                 

                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                                        

                                                6.1.3.1 By Geographical Area                     

                                                6.1.3.2 By Product Type                

                                6.1.4  Market Attractiveness Analysis                                     

                                                6.1.4.1 By Geographical Area                     

                                                6.1.4.2 By Product Type                

                                6.1.5  Market Share Analysis                                      

                                                6.1.5.1 By Geographical Area                     

                                                6.1.5.2 By Product Type                

                6.2 North America                                                          

                                6.1.1 Introduction                                           

                                6.1.2 United States                                         

                                6.1.3 Canada                                     

                6.3 Europe                                                         

                                6.2.1 Introduction                                           

                                6.2.2 U.K                                             

                                6.2.3 Spain                                         

                                6.2.4 Germany                                 

                                6.2.5 Italy                                            

                                6.2.6 France                                       

                6.4 Asia-Pacific                                                 

                                6.3.1 Introduction                                           

                                6.3.2 China                                         

                                6.3.3 India                                          

                                6.3.4 Japan                                         

                                6.3.5 Australia                                   

                                6.3.6 South Korea                                           

                6.5 Latin America                                                             

                                6.4.1 Introduction                                           

                                6.4.2 Brazil                                          

                                6.4.3 Argentina                                

                                6.4.4 Mexico                                     

                                6.4.5 Rest of Latin America                                          

                6.6 Middle East & Africa                                               

                                6.5.1 Introduction                                           

                                6.5.2 Middle-East                                            

                                6.5.3 Africa                                         

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                                                                         

Appendix                                                                           

                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. Global Nut Based Spreads Market By Region, From 2020-2025 ( USD Billion )
  2. Global Nut Based Spreads Market By Product Type, From 2020-2025 ( USD Billion )
  3. Global Peanut Based Market By Region, From 2020-2025 ( USD Billion )
  4. Global Almond Based Market By Region, From 2020-2025 ( USD Billion )
  5. Global Walnut Based Market By Region, From 2020-2025 ( USD Billion )
  6. Global Cashews Based Market By Region, From 2020-2025 ( USD Billion )
  7. Global Others Market By Region, From 2020-2025 ( USD Billion )
  8. North America Nut Based Spreads Market By Product Type, From 2020-2025 ( USD Billion )
  9. North America Peanut Based Market By Region, From 2020-2025 ( USD Billion )
  10. North America Almond Based Market By Region, From 2020-2025 ( USD Billion )
  11. North America Walnut Based Market By Region, From 2020-2025 ( USD Billion )
  12. North America Cashews Based Market By Region, From 2020-2025 ( USD Billion )
  13. North America Others Market By Region, From 2020-2025 ( USD Billion )
  14. United States Nut Based Spreads Market By Product Type, From 2020-2025 ( USD Billion )
  15. Canada Nut Based Spreads Market By Product Type, From 2020-2025 ( USD Billion )
  16. Europe Nut Based Spreads Market By Product Type, From 2020-2025 ( USD Billion )
  17. Europe Peanut Based Market By Region, From 2020-2025 ( USD Billion )
  18. Europe Almond Based Market By Region, From 2020-2025 ( USD Billion )
  19. Europe Walnut Based Market By Region, From 2020-2025 ( USD Billion )
  20. Europe Cashews Based Market By Region, From 2020-2025 ( USD Billion )
  21. Europe Others Market By Region, From 2020-2025 ( USD Billion )
  22. U.K. Nut Based Spreads Market By Product Type, From 2020-2025 ( USD Billion )
  23. Germany Nut Based Spreads Market By Product Type, From 2020-2025 ( USD Billion )
  24. France Nut Based Spreads Market By Product Type, From 2020-2025 ( USD Billion )
  25. Italy Nut Based Spreads Market By Product Type, From 2020-2025 ( USD Billion )
  26. Spain Nut Based Spreads Market By Product Type, From 2020-2025 ( USD Billion )
  27. Asia Pacific Nut Based Spreads Market By Product Type, From 2020-2025 ( USD Billion )
  28. Asia Pacific Peanut Based Market By Region, From 2020-2025 ( USD Billion )
  29. Asia Pacific Almond Based Market By Region, From 2020-2025 ( USD Billion )
  30. Asia Pacific Walnut Based Market By Region, From 2020-2025 ( USD Billion )
  31. Asia Pacific Cashews Based Market By Region, From 2020-2025 ( USD Billion )
  32. Asia Pacific Others Market By Region, From 2020-2025 ( USD Billion )
  33. Japan Nut Based Spreads Market By Product Type, From 2020-2025 ( USD Billion )
  34. China Nut Based Spreads Market By Product Type, From 2020-2025 ( USD Billion )
  35. India Nut Based Spreads Market By Product Type, From 2020-2025 ( USD Billion )
  36. Australia Nut Based Spreads Market By Product Type, From 2020-2025 ( USD Billion )
  37. South Korea Nut Based Spreads Market By Product Type, From 2020-2025 ( USD Billion )
  38. Latin America Nut Based Spreads Market By Product Type, From 2020-2025 ( USD Billion )
  39. Latin America Peanut Based Market By Region, From 2020-2025 ( USD Billion )
  40. Latin America Almond Based Market By Region, From 2020-2025 ( USD Billion )
  41. Latin America Walnut Based Market By Region, From 2020-2025 ( USD Billion )
  42. Latin America Cashews Based Market By Region, From 2020-2025 ( USD Billion )
  43. Latin America Others Market By Region, From 2020-2025 ( USD Billion )
  44. Brazil Nut Based Spreads Market By Product Type, From 2020-2025 ( USD Billion )
  45. Argentina Nut Based Spreads Market By Product Type, From 2020-2025 ( USD Billion )
  46. Mexico Nut Based Spreads Market By Product Type, From 2020-2025 ( USD Billion )
  47. Rest of Latin America Nut Based Spreads Market By Product Type, From 2020-2025 ( USD Billion )
  48. Middle East and Africa Nut Based Spreads Market By Product Type, From 2020-2025 ( USD Billion )
  49. Middle East and Africa Peanut Based Market By Region, From 2020-2025 ( USD Billion )
  50. Middle East and Africa Almond Based Market By Region, From 2020-2025 ( USD Billion )
  51. Middle East and Africa Walnut Based Market By Region, From 2020-2025 ( USD Billion )
  52. Middle East and Africa Cashews Based Market By Region, From 2020-2025 ( USD Billion )
  53. Middle East and Africa Others Market By Region, From 2020-2025 ( USD Billion )
  54. Middle East Nut Based Spreads Market By Product Type, From 2020-2025 ( USD Billion )
  55. Africa Nut Based Spreads Market By Product Type, From 2020-2025 ( USD Billion )

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