Almond Butter Market Size, Key Factors, Major Players, Growth Strategies, Trends, Forecast Till 2030

Almond butter is a type of plant-based butter prepared from roasted or raw almond. In the cosmetic industry, almond butter is used as an essential constituent in the production of skincare products such as lotions, body cream, moisturizers and others. Furthermore, rising awareness among consumers regarding the benefits associated with use of cosmetics products made from plant-based ingredients has encouraged manufacturers to use plant-based ingredients including almond butter in their products. This in turn has driven the almond butter market growth. In addition, in the past few years, many countries have recognized lifestyle-related diseases such as obesity to be a key concern, which has led to rise in health consciousness among consumers. This consistent increase in the health conscious consumers, majorly in developed economies, has fueled the demand for almond butter in recent years.

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Almond butter manufacturers are continuously focusing on launching new products in the market. For instance, manufacturers are launching raw almond butter, roasted almond butter, flavored almonds butter such as almond butter with chia seeds & strawberry, almond butter with espresso & vanilla and are also introducing organic almond butter in the market to cater to their customers. This, in turn, is expected to propel the growth of the market during the forecast period.

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The global almond butter market is segmented are categorized into nature, product type, distribution channel and region. By nature, it is classified into organic and conventional. By product type, the market is categorized into liquid and others. By distribution channel, it is divided supermarket/hypermarket, specialty store, online store and others. Region wise, the market is analyzed across North America (U.S., Canada and Mexico), Europe (Germany, UK, France, Italy, Spain, Russia and rest of Europe), Asia-Pacific (China, Japan, India, Australia & New Zealand, South Korea, ASEAN and rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, Argentina and Rest of LAMEA).

Key Benefits For Stakeholders

• This report provides a quantitative analysis of the current almond butter market trends, estimations, and dynamics of the global market for the period 2020-2030 to identify the prevailing almond butter market opportunity.
• The key countries in four major regions have been mapped based on their market share.
• Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
• In-depth analysis of the market segmentation assists to determine the prevailing market opportunities.
• Major countries in each region have been mapped according to their revenue contribution to the global industry.
• Market player positioning facilitates benchmarking and provides a clear understanding of the present position of market players.
• The report includes both regional as well as global the almond butter market analysis, key players, market segments, application areas, and strategies.

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