Nut Butters Market Analysis 2019 | Size, Value Share, Key Players Review, Global Statistics, Business Opportunities, 2027

Nut Butters Market set to post a healthy growth between 2016 and 2027 projects Market Research Future (MRFR) in its latest news

pune, India - June 6, 2019 /MarketersMedia/ —

Nut Butters Market Research Report includes various topics like total Market Size, Key Market Drivers, Challenges, Growth Opportunities, Industry Share, Growth, Demand, Outlook etc. Furthermore, it covers key market updates, the impact of regulations and technological updates in. The report addresses the need to stay updated in this competitive market conditions and this provides and comprehensive data for making strategies and decision to stimulate the market growth and profitability.

Market Analysis
Global Nut Butters Market set to post a healthy growth between 2016 and 2027 projects Market Research Future (MRFR) in its latest news. The market growth can be primarily attributed to the rising demand for convenience food. Arrival of a wide range of processed food and changing preference for food are among the factors influencing the global net butters market.

The global nut butters market is characterised by a large number of manufacturers. Many of these manufacturers are implementing strategies such as new product launch, flavour innovation and partnership. This indeed is favouring the global nut butters market to a significant extent. The global consumption of nut butters has increased substantially in recent years, with emerging market witnessing a steady rise in consumer volume.

Manufacturers are not only focusing on Nut butters flavours but and nutritional content. Emphasis is being placed on fat content, calories content, sugar content etc. Such initiatives allow manufacturers to market their product to a broader consumer pool. Nut butter variants are being introduced for specific consumer groups. Brands are focusing on marketing their products in a manner that attracts health conscious customers. This is mainly owing to the increasing consumer inclination towards healthier diets and food products made with organic and natural ingredient.

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Key Players

MRFR in its report has discussed some of the top-notch market players, which include

• Funky Nut Company,
• Vtpeanutbutter,
• Krema,
• Betsysbest,
• Yopeanut,
• Justin's,
• Futtersnutbutters,
• Bliss Nut Butters,
• Nuttzo
• Barney Butter

Industry News

• Natural nut butters and almond milks maker Pip & Nut has recently unveiled a new 400g jar format for two of its renowned flavours smooth peanut and crunchy peanut butter. This is expected to bolster the companies growing product portfolio further.
• US confectionery giant Mars Wrigley Confectionery released its 2020 merchandising recommendations and introduced two new products at the recently held National Confectioners Association (NCA) Sweets & Snacks Expo in Chicago.

Segment Overview
MRFR’s report includes a detailed segmental analysis of the global nut butters market based on application, packaging and source.

Based on application, the market has been segmented into confectioneries, table purpose, snacks, bakery products and others. Based on packaging, the market has been segmented into jars, squeeze packs and others. Based on source, the market has been segmented into oilseeds, edible nuts, vegetable extracts and others.

Regional Segmentation
Based on region, the market has been Segmented into Asia, Europe, North America, Europe and Rest of the World (RoW). The market in Europe has demonstrated a strong growth during the forecast period. Changing food habits and a strong demand for confectionary in various European market is supporting the market growth in the region. Europe will remain the largest market for nut butter over the next several years. North America is also a major market for nut butters. In terms of value, North America is the second largest market for nut butters following Europe.

Nut butter is a popular confectionary item in the west and hence attracts a high degree of commercial interest. Market players in these regions are constantly trying to improve their product portfolio in order capture a greater share of market. Nut Butters Market in APAC is also projected to witness robust growth during the forecast period. Early signs suggest that the APAC market is still there for the taking. Westernization and increasing popularity of Western food in South-East Asian countries is creating lucrative opportunities. Several other economic factors can be linked with the market growth in APAC, which include rising disposable income, and rapid growth of F&B industry.

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Source URL: https://marketersmedia.com/nut-butters-market-analysis-2019-size-value-share-key-players-review-global-statistics-business-opportunities-2027/520835

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Release ID: 520835