Market Overview:
The global nutmeg butter market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for natural and organic products, increasing awareness about the benefits of nutmeg butter, and growing popularity of nutmeg-based products. The global nutmeg butter market is segmented on the basis of type into organic and conventional. The organic segment is projected to grow at a higher CAGR than the conventional segment during the forecast period from 2018 to 2030. This can be attributed to increasing consumer preference for organic products due to their health benefits. On the basis of application, skin care accounted for majority share in 2017 and is projected to maintain its dominance during the forecast period from 2018to 2030 owingto high demand for anti-aging products with natural ingredients across regions.
Product Definition:
A type of butter made from nutmeg, used as a flavoring.
Organic:
Organic is a type of food product which has not been treated with synthetic (artificial) ingredients. Organic products are derived from agricultural products such as fruits, vegetables, and animals. The main aim of producing organic food is to maintain the natural balance in terms of composition by using processes which do not harm the original properties of the product.
The global organic market was valued at USD 485 billion in 2016.
Conventional:
Conventional is the method of extraction where solvent is used to separate oil from oleoresin. The conventional method can be differentiated into two types, namely mechanical and chemical.
Application Insights:
Nutmeg butter is gaining popularity in several applications including skin care, hair care, soap making and others. In terms of revenue, skin care application dominated the market with a share of 28.1% in 2017. The product has antioxidant properties which help to minimize free radical damage caused by UV radiations and other environmental stressors on the skin cells.
The demand for nutmeg butter is expected to grow significantly over the forecast period owing to its high demand as an ingredient in several bakery products across various regions including North America and Europe.
Regional Analysis:
Europe was the largest regional market in 2017 owing to high demand for nutmeg butter in countries, such as U.K., Germany, and France. The product is used as a flavoring ingredient in bakery items, confectionery products, and other savory dishes. Asia Pacific is expected to be the fastest-growing region over the forecast period due to increasing demand from countries like India and China on account of growing consumer awareness regarding health benefits of natural ingredients coupled with rising disposable income levels among middle class population groups. Moreover, expansion of retail chains including hypermarkets & supermarkets will boost product sales further driving industry growth over the next eight years.
North America accounted for more than 20% share of global revenue in 2017 owing to growing consumption by consumers across U.S., Canada, Mexico on account of its unique taste similar to that found in chocolate but with a stronger aroma which makes it suitable for use as an ingredient in various baked goods along with other applications mentioned above).
Growth Factors:
- Increasing demand for healthy and organic foods is driving the growth of nutmeg butter market.
- Rising awareness about the health benefits of nutmeg butter is also propelling the growth of this market.
- Growing popularity of nutmeg butter as a natural preservative is another key factor fuelling the growth of this market.
- Rapid urbanization and changing lifestyle trends are also contributing to the expansion of nutmeg butter market globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Nutmeg Butter Market Research Report
By Type
Organic, Conventional
By Application
Skin Care, Hair Care, Soap Making, Others
By Companies
Organic Pure Oil, Nature Pure Extracts Inc, Rutvik Enterprises, Proderna Biotech Pvt. Ltd., Vedic Supercriticals & Biotechnologies (I) Pvt. Ltd., Cocojojo, New Directions Aromatics Inc., Savonnerie Ameritienne, Botanic Universe Corp., Delaenzie Essentials Oils
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
214
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Nutmeg Butter Market Report Segments:
The global Nutmeg Butter market is segmented on the basis of:
Types
Organic, Conventional
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Skin Care, Hair Care, Soap Making, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Organic Pure Oil
- Nature Pure Extracts Inc
- Rutvik Enterprises
- Proderna Biotech Pvt. Ltd.
- Vedic Supercriticals & Biotechnologies (I) Pvt. Ltd.
- Cocojojo
- New Directions Aromatics Inc.
- Savonnerie Ameritienne
- Botanic Universe Corp.
- Delaenzie Essentials Oils
Highlights of The Nutmeg Butter Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Organic
- Conventional
- By Application:
- Skin Care
- Hair Care
- Soap Making
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Nutmeg Butter Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Nutmeg butter is a type of butter that is made from ground nutmeg. It has a strong, spicy flavor and can be used in baking or as a spread on bread or toast.
Some of the key players operating in the nutmeg butter market are Organic Pure Oil, Nature Pure Extracts Inc, Rutvik Enterprises, Proderna Biotech Pvt. Ltd., Vedic Supercriticals & Biotechnologies (I) Pvt. Ltd., Cocojojo, New Directions Aromatics Inc., Savonnerie Ameritienne, Botanic Universe Corp., Delaenzie Essentials Oils.
The nutmeg butter market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Nutmeg Butter Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Nutmeg Butter Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Nutmeg Butter Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Nutmeg Butter Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Nutmeg Butter Market Size & Forecast, 2020-2028
4.5.1 Nutmeg Butter Market Size and Y-o-Y Growth
4.5.2 Nutmeg Butter Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Organic
5.2.2 Conventional
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Skin Care
6.2.2 Hair Care
6.2.3 Soap Making
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Nutmeg Butter Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Nutmeg Butter Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Organic
9.6.2 Conventional
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Skin Care
9.10.2 Hair Care
9.10.3 Soap Making
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Organic
10.6.2 Conventional
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Skin Care
10.10.2 Hair Care
10.10.3 Soap Making
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Organic
11.6.2 Conventional
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Skin Care
11.10.2 Hair Care
11.10.3 Soap Making
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Organic
12.6.2 Conventional
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Skin Care
12.10.2 Hair Care
12.10.3 Soap Making
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Organic
13.6.2 Conventional
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Skin Care
13.10.2 Hair Care
13.10.3 Soap Making
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Nutmeg Butter Market: Competitive Dashboard
14.2 Global Nutmeg Butter Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Organic Pure Oil
14.3.2 Nature Pure Extracts Inc
14.3.3 Rutvik Enterprises
14.3.4 Proderna Biotech Pvt. Ltd.
14.3.5 Vedic Supercriticals & Biotechnologies (I) Pvt. Ltd.
14.3.6 Cocojojo
14.3.7 New Directions Aromatics Inc.
14.3.8 Savonnerie Ameritienne
14.3.9 Botanic Universe Corp.
14.3.10 Delaenzie Essentials Oils
