Cookie Butter Spread Market To Increase at Steady Growth Rate

Introduction:

Cookie Butter also called as speculoos butter is a food paste which is made primarily from speculoos cookies crumbs. Speculoos is a type of crunchy, shortbread spice biscuits, traditionally baked for consumption during St Nicholas' day in the Netherlands and Belgium and during Christmas in Germany. These biscuits are mixed along with other ingredients including vegetable oil, flour, and sugar along with added flavor in order to produce a spread with the similar consistency as peanut butter. Cookie butter spread is a great alternative to currently available spreads such as peanut butter, hazelnut butter, chocolate spread and are used for various applications across the food industry including, bakery, dairy and ice-cream, spreads and dips and others. The cookie butter spread market is expected to witness significant growth in value terms over the forecast period mainly attributed to its growing application as an alternative to other products in the market due to its low sugar content.

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Cookie Butter Spread Market Global Market Trends and Market Drivers:

The growth of cookie butter spread market across the globe is expected to depict significant growth in the overall market owing to increasing demand for convenience food products. Consumers across globe are demanding for food products without any artificial flavors, which is pushing manufacturers of food products to offering organic food products. This is expected to fuel the consumption of cookie butter spread among consumers across the globe. The global cookie butter spread market is expected to witness limited growth potential across regions such as Asia Pacific and MEA due to less awareness regarding nutritional benefits of cookie butter spread as compared to other spreads.

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Cookie Butter Spread Market Key Players:

Variety of Cookie Butter Spread have been introduced by the manufacturers and some of the global market players manufacturing cookie butter spread market include; Natural Nectar, Trader Joe's, Lotus Bakeries, Tumbador Chocolate, American Roland Food Corp., Krüger GmbH & Co. KG and others.

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