Almond butter is a food paste made from almonds. Almond butter may be crunchy or smooth, and is generally "stir" (susceptible to oil separation) or "no-stir" (emulsified). Almond butter may be either raw or roasted, describing the almonds themselves prior to grinding. It is recommended that almond butter be refrigerated once opened to prevent spoilage and oil separation.
Almond Butter is typical an alternative to other spreads, and fillings for chocolate, cereal bars, confectionary and bakeries. Almond Butter in USA is mainly produced in California, since most of raw Material?Almond is produced here.
The biggest consumers are still commercial use, more and more individual persons turn to make DIY Almond Butter at home, as most commercial produced almond butter are roasted type, high nutrition of raw Almond Butte type is more attractive.
According to this study, over the next five years the Almond Butter market will register a 8.3% CAGR in terms of revenue, the global market size will reach USD 910 million by 2024, from USD 610 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Almond Butter business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Almond Butter market by product type, application, key manufacturers and key regions and countries.
This study considers the Almond Butter value and volume generated from the sales of the following segments-
Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Raw Almond Butter
Roasted Almond Butter
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Residential
Commercial
This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
JUSTIN'S
Barney Butter
Maranatha
Futter's Nut Butters
Once Again Nut Butter
EdenNuts Inc.
Cache Creek Foods
Zinke Orchards
The J.M. Smucker Company
Nuts'N More
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Almond Butter consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Almond Butter market by identifying its various subsegments.
Focuses on the key global Almond Butter manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Almond Butter with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Almond Butter submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
