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PUBLISHER: Polaris Market Research | PRODUCT CODE: 1338884
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1338884
Almond Butter Market Share, Size, Trends, Industry Analysis Report, By Nature (Organic, Conventional); By Distribution Channel; By Region; Segment Forecast, 2023-2032
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PAGES: 118 Pages
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The global almond butter market size is expected to reach USD 1,214.74 Million by 2032, according to a new study by Polaris Market Research. The report "Almond Butter Market Share, Size, Trends, Industry Analysis Report, By Nature (Organic, Conventional); By Distribution Channel; By Region; Segment Forecast, 2023 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Key factors responsible the market growth include increasing awareness about health benefit of almond. Recent study finds that almond can help support gut microbiome by promoting levels of butyrate. Butyrate keeps microbes and bacteria from entering blood which manages inflammation, reduce gastrointestinal discomfort and conditions like irritable bowel syndrome (IBS).
Nuts are both glucoregulatory and cardioprotective. A comprehensive meta-analysis of observational data indicated an inverse relation between the nut intake & heart ailments also it does not affect fasting glucose, but beneficial effects on fasting insulin and HOMA-IR. Almonds are rich in monounsaturated fat (MUFA), fiber, plant protein, vitamins, magnesium, and arginine, all of which are helpful in blood glucose control. Given the effects of almond butter on diabetes, it is possible that having almond daily as an evening snack might improve the fasting glucose levels.
Growing consumer preference toward organic farming and chemical free products are boosting demand of the market. Recently, in December 2022, Kate's Real food launched wide range of organic almond butter variety packs. Powered by real honey and oats, these snack bars are USDA-certified organic, non-GMO and 100% gluten free product.
Some of the elements fueling the global food industry's rise include its exceptional nutritional content and other health advantages. Almond butter is quite popular all around the world. Almond butter is abundant in monounsaturated fats, according to WebMD. Monounsaturated fats aid in the reduction of LDL ("bad") cholesterol and the increase of HDL ("good") cholesterol. Numerous additional nutrients in almond butter benefit your heart health and reduce your risk of heart disease. Omega-3 fatty acids aid in the prevention of abnormal cardiac beats.
According to the Healthy Journal, diabetics should consume almond butter. It has little carbs but a lot of fiber, healthy fats, and protein. Furthermore, the Indonesian nutri food firm 'Tropicana Slim' introduced diabetic-friendly healthy peanut almond butter, in January 2023. The new Tropicana Slim Peanut Almond Butter has no sugar and is available across E-commerce and retail outlets in Indonesia. Nutritionist recommend replacing out caramel for almond butter in snacks will lower the carbohydrates content and increases the fibre content in our snack which could be very much beneficial for diabetic people.
Almond Butter Market Report Highlights
Organic segment registered robust growth rate, owing to shifting consumer preference towards organically grown food.
B2C accounted for major global share, this is primarily due to rise in disposable income and increase in consumer demands.
Europe accounted for the largest share, owing to growing trend of veganism and plant based diet.
The global players include: Barney Butter, Nuts' n More, California Almonds, Myprotein, Dakini Health Foods, Sokol & Company, Premier Organics, Yoga Bar, Pintola, The J.M. Smucker Company, Futter's Nut Butters and Cache Creek Foods.
Polaris Market Research has segmented the almond butter market report based on nature, distribution channel, and region:
Almond Butter, Nature (Revenue - USD Million, 2019 - 2032)
Organic
Conventional
Almond Butter, Distribution Channel Outlook (Revenue - USD Million, 2019 - 2032)
- B2B
- B2C
- Online Retail
- Hypermarkets and Supermarkets
- Departmental Stores
- Convenience Stores
Almond Butter, Regional Outlook (Revenue - USD Million, 2019 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Product Code: PM3328
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
- 2.1. Market Highlights
3. Research Methodology
- 3.1. Overview
- 3.1.1. Data Mining
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Almond Butter Market Insights
- 4.1. Almond Butter Market - Industry Snapshot
- 4.2. Almond Butter Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Increase in consumer demand for plant-based ingredients in cosmetic industry
- 4.2.1.2. Rise in number of health conscious consumers globally
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Low penetration in developing regions
- 4.2.1. Drivers and Opportunities
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTLE Analysis
- 4.5. Almond Butter Industry trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Almond Butter Market, by Nature
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Almond Butter, by Nature, 2019-2032 (USD Million)
- 5.3. Organic
- 5.3.1. Global Almond Butter Market, by Organic, by Region, 2019-2032 (USD Million)
- 5.4. Conventional
- 5.4.1. Global Almond Butter Market, by Conventional, by Region, 2019-2032 (USD Million)
6. Global Almond Butter Market, by Distribution Channel
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- 6.3. B2B
- 6.3.1. Global Almond Butter Market, by B2B, by Region, 2019-2032 (USD Million)
- 6.4. B2C
- 6.4.1. Global Almond Butter Market, by B2C, by Region, 2019-2032 (USD Million)
- 6.5. Online Retail
- 6.5.1. Global Almond Butter Market, by Online Retail, by Region, 2019-2032 (USD Million)
- 6.6. Departmental Stores
- 6.6.1. Global Almond Butter Market, by Departmental Stores, by Region, 2019-2032 (USD Million)
- 6.7. Hypermarkets and Supermarkets
- 6.7.1. Global Almond Butter Market, by Hypermarkets and Supermarkets, by Region, 2019-2032 (USD Million)
- 6.8. Convenience Stores
- 6.8.1. Global Almond Butter Market, by Convenience Stores, by Region, 2019-2032 (USD Million)
7. Global Almond Butter Market, by Geography
- 7.1. Key findings
- 7.2. Introduction
- 7.2.1. Almond Butter Market Assessment, By Geography, 2019-2032 (USD Million)
- 7.3. Almond Butter Market - North America
- 7.3.1. North America: Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- 7.3.2. North America: Almond Butter Market, by Nature, 2019-2032 (USD Million)
- 7.3.3. Almond Butter Market - U.S.
- 7.3.3.1. U.S.: Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- 7.3.3.2. U.S.: Almond Butter Market, by Nature, 2019-2032 (USD Million)
- 7.3.4. Almond Butter Market - Canada
- 7.3.4.1. Canada: Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- 7.3.4.2. Canada: Almond Butter Market, by Nature, 2019-2032 (USD Million)
- 7.4. Almond Butter Market - Europe
- 7.4.1. Europe: Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- 7.4.2. Europe: Almond Butter Market, by Nature, 2019-2032 (USD Million)
- 7.4.3. Almond Butter Market - UK
- 7.4.3.1. UK: Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- 7.4.3.2. UK: Almond Butter Market, by Nature, 2019-2032 (USD Million)
- 7.4.4. Almond Butter Market - France
- 7.4.4.1. France: Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- 7.4.4.2. France: Almond Butter Market, by Nature, 2019-2032 (USD Million)
- 7.4.5. Almond Butter Market - Germany
- 7.4.5.1. Germany: Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- 7.4.5.2. Germany: Almond Butter Market, by Nature, 2019-2032 (USD Million)
- 7.4.6. Almond Butter Market - Italy
- 7.4.6.1. Italy: Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- 7.4.6.2. Italy: Almond Butter Market, by Nature, 2019-2032 (USD Million)
- 7.4.7. Almond Butter Market - Spain
- 7.4.7.1. Spain: Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- 7.4.7.2. Spain: Almond Butter Market, by Nature, 2019-2032 (USD Million)
- 7.4.8. Almond Butter Market - Netherlands
- 7.4.8.1. Netherlands: Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- 7.4.8.2. Netherlands: Almond Butter Market, by Nature, 2019-2032 (USD Million)
- 7.4.9. Almond Butter Market - Russia
- 7.4.9.1. Russia: Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- 7.4.9.2. Russia: Almond Butter Market, by Nature, 2019-2032 (USD Million)
- 7.5. Almond Butter Market - Asia Pacific
- 7.5.1. Asia Pacific: Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- 7.5.2. Asia Pacific: Almond Butter Market, by Nature, 2019-2032 (USD Million)
- 7.5.3. Almond Butter Market - China
- 7.5.3.1. China: Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- 7.5.3.2. China: Almond Butter Market, by Nature, 2019-2032 (USD Million)
- 7.5.4. Almond Butter Market - India
- 7.5.4.1. India: Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- 7.5.4.2. India: Almond Butter Market, by Nature, 2019-2032 (USD Million)
- 7.5.5. Almond Butter Market - Malaysia
- 7.5.5.1. Malaysia: Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- 7.5.5.2. Malaysia: Almond Butter Market, by Nature, 2019-2032 (USD Million)
- 7.5.6. Almond Butter Market - Japan
- 7.5.6.1. Japan: Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- 7.5.6.2. Japan: Almond Butter Market, by Nature, 2019-2032 (USD Million)
- 7.5.7. Almond Butter Market - Indonesia
- 7.5.7.1. Indonesia: Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- 7.5.7.2. Indonesia: Almond Butter Market, by Nature, 2019-2032 (USD Million)
- 7.5.8. Almond Butter Market - South Korea
- 7.5.8.1. South Korea: Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- 7.5.8.2. South Korea: Almond Butter Market, by Nature, 2019-2032 (USD Million)
- 7.6. Almond Butter Market - Middle East & Africa
- 7.6.1. Middle East & Africa: Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- 7.6.2. Middle East & Africa: Almond Butter Market, by Nature, 2019-2032 (USD Million)
- 7.6.3. Almond Butter Market - Saudi Arabia
- 7.6.3.1. Saudi Arabia: Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- 7.6.3.2. Saudi Arabia: Almond Butter Market, by Nature, 2019-2032 (USD Million)
- 7.6.4. Almond Butter Market - UAE
- 7.6.4.1. UAE: Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- 7.6.4.2. UAE: Almond Butter Market, by Nature, 2019-2032 (USD Million)
- 7.6.5. Almond Butter Market - Israel
- 7.6.5.1. Israel: Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- 7.6.5.2. Israel: Almond Butter Market, by Nature, 2019-2032 (USD Million)
- 7.6.6. Almond Butter Market - South Africa
- 7.6.6.1. South Africa: Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- 7.6.6.2. South Africa: Almond Butter Market, by Nature, 2019-2032 (USD Million)
- 7.7. Almond Butter Market - Latin America
- 7.7.1. Latin America: Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- 7.7.2. Latin America: Almond Butter Market, by Nature, 2019-2032 (USD Million)
- 7.7.3. Almond Butter Market - Mexico
- 7.7.3.1. Mexico: Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- 7.7.3.2. Mexico: Almond Butter Market, by Nature, 2019-2032 (USD Million)
- 7.7.4. Almond Butter Market - Brazil
- 7.7.4.1. Brazil: Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- 7.7.4.2. Brazil: Almond Butter Market, by Nature, 2019-2032 (USD Million)
- 7.7.5. Almond Butter Market - Argentina
- 7.7.5.1. Argentina: Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- 7.7.5.2. Argentina: Almond Butter Market, by Nature, 2019-2032 (USD Million)
8. Competitive Landscape
- 8.1. Expansion and Acquisition Analysis
- 8.1.1. Expansion
- 8.1.2. Acquisitions
- 8.2. Partnerships/Collaborations/Agreements/Exhibitions
9. Company Profiles
- 9.1. Barney Butter
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Recent Development
- 9.2. Nuts' n More
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Recent Development
- 9.3. California Almonds
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Recent Development
- 9.4. Myprotein
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Recent Development
- 9.5. Dakini Health Foods
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Recent Development
- 9.6. Sokol & Company
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Recent Development
- 9.7. Premier Organics
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Recent Development
- 9.8. Yoga Bar
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Recent Development
- 9.9. Pintola
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.9.4. Recent Development
- 9.10. The J.M. Smucker Company
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Product Benchmarking
- 9.10.4. Recent Development
- 9.11. Futter's Nut Butters
- 9.11.1. Company Overview
- 9.11.2. Financial Performance
- 9.11.3. Product Benchmarking
- 9.11.4. Recent Development
- 9.12. Cache Creek Foods
- 9.12.1. Company Overview
- 9.12.2. Financial Performance
- 9.12.3. Product Benchmarking
- 9.12.4. Recent Development
Product Code: PM3328
List of Tables
- Table 1 Global Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- Table 2 Global Almond Butter Market, by Nature, 2019-2032 (USD Million)
- Table 3 Almond Butter Market Assessment, By Geography, 2019-2032 (USD Million)
- Table 4 North America: Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- Table 5 North America: Almond Butter Market, by Nature, 2019-2032 (USD Million)
- Table 6 U.S.: Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- Table 7 U.S.: Almond Butter Market, by Nature, 2019-2032 (USD Million)
- Table 8 Canada: Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- Table 9 Canada: Almond Butter Market, by Nature, 2019-2032 (USD Million)
- Table 10 Europe: Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- Table 11 Europe: Almond Butter Market, by Nature, 2019-2032 (USD Million)
- Table 12 UK: Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- Table 13 UK: Almond Butter Market, by Nature, 2019-2032 (USD Million)
- Table 14 France: Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- Table 15 France: Almond Butter Market, by Nature, 2019-2032 (USD Million)
- Table 16 Germany: Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- Table 17 Germany: Almond Butter Market, by Nature, 2019-2032 (USD Million)
- Table 18 Italy: Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- Table 19 Italy: Almond Butter Market, by Nature, 2019-2032 (USD Million)
- Table 20 Spain: Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- Table 21 Spain: Almond Butter Market, by Nature, 2019-2032 (USD Million)
- Table 22 Netherlands: Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- Table 23 Netherlands: Almond Butter Market, by Nature, 2019-2032 (USD Million)
- Table 24 Russia: Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- Table 25 Russia: Almond Butter Market, by Nature, 2019-2032 (USD Million)
- Table 26 Asia Pacific: Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- Table 27 Asia Pacific: Almond Butter Market, by Nature, 2019-2032 (USD Million)
- Table 28 China: Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- Table 29 China: Almond Butter Market, by Nature, 2019-2032 (USD Million)
- Table 30 India: Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- Table 31 India: Almond Butter Market, by Nature, 2019-2032 (USD Million)
- Table 32 Malaysia: Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- Table 33 Malaysia: Almond Butter Market, by Nature, 2019-2032 (USD Million)
- Table 34 Japan: Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- Table 35 Japan: Almond Butter Market, by Nature, 2019-2032 (USD Million)
- Table 36 Indonesia: Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- Table 37 Indonesia: Almond Butter Market, by Nature, 2019-2032 (USD Million)
- Table 38 South Korea: Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- Table 39 South Korea: Almond Butter Market, by Nature, 2019-2032 (USD Million)
- Table 40 Middle East & Africa: Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- Table 41 Middle East & Africa: Almond Butter Market, by Nature, 2019-2032 (USD Million)
- Table 42 Saudi Arabia: Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- Table 43 Saudi Arabia: Almond Butter Market, by Nature, 2019-2032 (USD Million)
- Table 44 UAE: Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- Table 45 UAE: Almond Butter Market, by Nature, 2019-2032 (USD Million)
- Table 46 Israel: Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- Table 47 Israel: Almond Butter Market, by Nature, 2019-2032 (USD Million)
- Table 48 South Africa: Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- Table 49 South Africa: Almond Butter Market, by Nature, 2019-2032 (USD Million)
- Table 50 Latin America: Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- Table 51 Latin America: Almond Butter Market, by Nature, 2019-2032 (USD Million)
- Table 52 Mexico: Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- Table 53 Mexico: Almond Butter Market, by Nature, 2019-2032 (USD Million)
- Table 54 Brazil: Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- Table 55 Brazil: Almond Butter Market, by Nature, 2019-2032 (USD Million)
- Table 56 Argentina: Almond Butter Market, by Distribution Channel, 2019-2032 (USD Million)
- Table 57 Argentina: Almond Butter Market, by Nature, 2019-2032 (USD Million)
List of Figures
- Figure 1 Global Almond Butter Market, 2019-2032 (USD Million)
- Figure 2 Integrated Ecosystem
- Figure 3 Research Methodology: Top-Down & Bottom-Up Approach
- Figure 4 Market by Geography
- Figure 5 Porter's Five Forces
- Figure 6 Market by Distribution Channel
- Figure 7 Global Almond Butter Market, by Distribution Channel, 2022 & 2032 (USD Million)
- Figure 8 Market by Nature
- Figure 9 Global Almond Butter Market, by Nature, 2022 & 2032 (USD Million)
- Figure 10 Almond Butter Market Assessment, By Geography, 2019-2032 (USD Million)
- Figure 11 Strategic Analysis - Almond Butter Market
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