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Almond Butter Market Continues to Grow as Demand for Healthy Snacks Increases .

Almond Butter Market

Almond Butter Market

Almond Butter Market - Industry Trends and forecast period of 2021 to 2028.

almond butter market was valued at USD 130.1 million in 2021 and is expected to reach the value of USD 246.21 million by 2029, at a CAGR of 8.30% during the forecast period of 2022-2029.
Micellar caseins are generated from milk and are a form of casein protein. These caseins are naturally found in curd and account for 80% of milk protein. They're commonly utilized to treat bodily deficits in critical amino acids. Micellar casein is mostly employed in sports nutrition because of its ability to minimize muscle breakdown and efficiently deliver amino acids to cells.

Market Definition

Almond butter is a food paste made from either roasted or raw almonds. Almond butter is high in unsaturated fats, which are good for your heart. It is also high in proteins, vitamins, and minerals. Almond butter has a slightly sweet, mild roasted almond flavour, and some manufacturers make almond butter from blanched almond, which tastes like peanut butter and is easy to digest. It has a creamy, smooth texture. Almond butter comes in a variety of flavours and textures.

Segment Analysis:

Application (Food Industry, Cosmetics Industry, Other Applications), Distribution Channel (Online Retail, Hypermarkets and Supermarkets, Departmental Stores and Convenience Stores), Type (Raw Almond Butter, Roasted Almond Butter)

Scope of the Almond Butter Market

Almonds identified as a plant-based superfood, and as a result, they are becoming increasingly popular for the production of non-dairy products. Foods made with non-dairy almond protein powder and almond butter have proven nutritional benefits as well as exceptional flavour and texture. The clean flavour of almond butter allows it to be used to imitate typical dairy flavours, which increases its popularity.

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The retail segment will dominate the end-use segment of the Almond Butter Market

The retail segment will emerge as the dominating segment under end-use with approximately 61.00% market share. This is because of the growing number of infrastructural development activities in the market especially in the developing economies. Further, growth and expansion of the semiconductors and electronics industry all around the globe will further bolster the growth of this segment.

Regional Analysis

The countries covered in the Almond Butter Market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).

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COVID-19 Impact on Almond Butter Market

COVID-19 Pandemic is a worldwide pandemic that has affected many countries. It has wreaked havoc on the business and marketing fields. The supply chain was disrupted from one location to another due to transportation restrictions for export and import. Transport of raw materials such as almond butter and related items to industries is also restricted. As a result of a lack of raw materials and a lack of manpower, the manufacturing industries faced numerous challenges, leading to a shutdown. As a result, almond butter production is delayed. Reduced production results in decreased demand for the product. However, as the number of Corona cases decreases and the lockdowns are lifted, the almond butter market grows rapidly.

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North America Encoder Market

• Chapter One: Introduction
• Chapter Two: Market Segmentation
• Chapter Three: Market Overview
• Chapter Four: Executive Summary
• Chapter Five: Premium Insights
• Chapter Six: Almond Butter Market

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