Market Overview:
The global non-peanut nut butter market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing awareness about the health benefits of consuming non-peanut nut butters and their rising popularity among consumers. In addition, the growing demand for healthy and convenient food options is also contributing to the growth of this market. On the basis of type, almond butter is expected to lead the global non-peanut nut butter market during the forecast period. This can be attributed to its high nutritional value and its growing popularity among consumers as a healthy snack option.
Product Definition:
Non-peanut nut butters are made of a variety of nuts that are not peanuts. They can be used as an alternative to peanut butter in recipes, or they can be enjoyed on their own. Non-peanut nut butters provide many nutritional benefits, including protein, fiber, and healthy fats.
Almond butter:
Almond butter is a natural nut butter made from almonds and has no artificial additives or preservatives. It is used as an alternative to peanut butter in many recipes. The growing vegan population, increasing health awareness among consumers and rising demand for plant-based products are the key factors driving the global almond butters market growth.
Hazelnut butter:
Hazelnut butter is a natural and healthy fat that has a rich taste and aroma. It contains vitamins, minerals, antioxidants, proteins & fibers. Hazelnut butter is used in various food products such as breads & rolls, cookies & cakes to enhance their nutritional value.
Application Insights:
The global non-peanut nut butters market has been segmented on the basis of application into supermarkets, hypermarkets, convenience stores, online shopping malls and specific retailers and others. Supermarkets held the largest share in 2017 owing to extensive product availability in grocery stores. Non-peanut nut butter is widely used as an ingredient in bakery products, cookies and cakes due to its high protein content which makes it a suitable alternative for people who are allergic or sensitive to peanuts.
Non-peanut nut butters are also widely used as ingredients by chefs across various cuisines due to their rich flavor profiles which include earthy notes from roasted nuts along with other flavors such as sweetness from honey or molasses that make them more appealing than peanut butter does on its own.
Regional Analysis:
Europe dominated the global market in 2017, accounting for more than 30.0% of the total revenue share. The region is expected to witness significant growth over the forecast period owing to growing consumer demand for healthy alternatives and increasing health awareness among consumers.
Asia Pacific is projected to be one of the fastest-growing regional markets from 2018 to 2030 due to high consumption of nut butters in countries such as India and China on account of their easy availability at almost every grocery store as well as online shopping malls. Growing health consciousness among consumers will also drive product demand over the coming years. ‰â€˜Healthy eating habits”’ are gaining popularity across emerging economies including China, India, Indonesia, Thailand and Malaysia which has resulted into increased sales volume for these products especially almond butter in this region since last few years (Almond Board Of California 2015).
Growth Factors:
- Increasing awareness about the health benefits of consuming non-peanut nut butters.
- Rising demand for healthy and nutritious food products.
- Growing popularity of vegan and vegetarian diets.
- Increasing number of people with food allergies or sensitivities to peanuts or other nuts.
- Innovative product offerings by manufacturers that cater to specific dietary needs or preferences
Scope Of The Report
Report Attributes
Report Details
Report Title
Non-Peanut Nut Butters Market Research Report
By Type
Almond butter, Hazelnut butter, Cashew butter, Acorn butter, Pistachio butter, Walnut butter, Other
By Application
Supermarket, Hypermarket, Convenience store, Online shopping mall, Specific retailers, Other
By Companies
The J.M. Smucker Company, Justin's, Barney Butter, Once Again Nut Butter Collective, MaraNatha, Blue Mountain Organics, Big Spoon Roasters, Nuts'N More, Wild Friends, NuttZo, Futter's Nut Butters, Yumbutter, Naturally Nutty, Julie's Real, Georgia Grinders, Eliot's Adult Nut Butters
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Non-Peanut Nut Butters Market Report Segments:
The global Non-Peanut Nut Butters market is segmented on the basis of:
Types
Almond butter, Hazelnut butter, Cashew butter, Acorn butter, Pistachio butter, Walnut butter, Other
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
Supermarket, Hypermarket, Convenience store, Online shopping mall, Specific retailers, Other
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:
- The J.M. Smucker Company
- Justin's
- Barney Butter
- Once Again Nut Butter Collective
- MaraNatha
- Blue Mountain Organics
- Big Spoon Roasters
- Nuts'N More
- Wild Friends
- NuttZo
- Futter's Nut Butters
- Yumbutter
- Naturally Nutty
- Julie's Real
- Georgia Grinders
- Eliot's Adult Nut Butters
Highlights of The Non-Peanut Nut Butters 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:
- Almond butter
- Hazelnut butter
- Cashew butter
- Acorn butter
- Pistachio butter
- Walnut butter
- Other
- By Application:
- Supermarket
- Hypermarket
- Convenience store
- Online shopping mall
- Specific retailers
- Other
- 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 Non-Peanut Nut Butters 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?
Non-peanut nut butters are a type of peanut butter that does not contain any peanuts. They are made from either almond or cashew nuts, and they can be used in place of regular peanut butter in recipes.
Some of the key players operating in the non-peanut nut butters market are The J.M. Smucker Company, Justin's, Barney Butter, Once Again Nut Butter Collective, MaraNatha, Blue Mountain Organics, Big Spoon Roasters, Nuts'N More, Wild Friends, NuttZo, Futter's Nut Butters, Yumbutter, Naturally Nutty, Julie's Real, Georgia Grinders, Eliot's Adult Nut Butters.
The non-peanut nut butters market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Non-Peanut Nut Butters Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Non-Peanut Nut Butters Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Non-Peanut Nut Butters Market - Supply Chain
4.5. Global Non-Peanut Nut Butters Market Forecast
4.5.1. Non-Peanut Nut Butters Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Non-Peanut Nut Butters Market Size (000 Units) and Y-o-Y Growth
4.5.3. Non-Peanut Nut Butters Market Absolute $ Opportunity
5. Global Non-Peanut Nut Butters Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Non-Peanut Nut Butters Market Size and Volume Forecast by Type
5.3.1. Almond butter
5.3.2. Hazelnut butter
5.3.3. Cashew butter
5.3.4. Acorn butter
5.3.5. Pistachio butter
5.3.6. Walnut butter
5.3.7. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Non-Peanut Nut Butters Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Non-Peanut Nut Butters Market Size and Volume Forecast by Application
6.3.1. Supermarket
6.3.2. Hypermarket
6.3.3. Convenience store
6.3.4. Online shopping mall
6.3.5. Specific retailers
6.3.6. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Non-Peanut Nut Butters Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Non-Peanut Nut Butters Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Non-Peanut Nut Butters Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Non-Peanut Nut Butters Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Non-Peanut Nut Butters Demand Share Forecast, 2019-2026
9. North America Non-Peanut Nut Butters Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Non-Peanut Nut Butters Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Non-Peanut Nut Butters Market Size and Volume Forecast by Application
9.4.1. Supermarket
9.4.2. Hypermarket
9.4.3. Convenience store
9.4.4. Online shopping mall
9.4.5. Specific retailers
9.4.6. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Non-Peanut Nut Butters Market Size and Volume Forecast by Type
9.7.1. Almond butter
9.7.2. Hazelnut butter
9.7.3. Cashew butter
9.7.4. Acorn butter
9.7.5. Pistachio butter
9.7.6. Walnut butter
9.7.7. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Non-Peanut Nut Butters Demand Share Forecast, 2019-2026
10. Latin America Non-Peanut Nut Butters Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Non-Peanut Nut Butters Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Non-Peanut Nut Butters Market Size and Volume Forecast by Application
10.4.1. Supermarket
10.4.2. Hypermarket
10.4.3. Convenience store
10.4.4. Online shopping mall
10.4.5. Specific retailers
10.4.6. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Non-Peanut Nut Butters Market Size and Volume Forecast by Type
10.7.1. Almond butter
10.7.2. Hazelnut butter
10.7.3. Cashew butter
10.7.4. Acorn butter
10.7.5. Pistachio butter
10.7.6. Walnut butter
10.7.7. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Non-Peanut Nut Butters Demand Share Forecast, 2019-2026
11. Europe Non-Peanut Nut Butters Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Non-Peanut Nut Butters Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Non-Peanut Nut Butters Market Size and Volume Forecast by Application
11.4.1. Supermarket
11.4.2. Hypermarket
11.4.3. Convenience store
11.4.4. Online shopping mall
11.4.5. Specific retailers
11.4.6. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Non-Peanut Nut Butters Market Size and Volume Forecast by Type
11.7.1. Almond butter
11.7.2. Hazelnut butter
11.7.3. Cashew butter
11.7.4. Acorn butter
11.7.5. Pistachio butter
11.7.6. Walnut butter
11.7.7. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Non-Peanut Nut Butters Demand Share, 2019-2026
12. Asia Pacific Non-Peanut Nut Butters Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Non-Peanut Nut Butters Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Non-Peanut Nut Butters Market Size and Volume Forecast by Application
12.4.1. Supermarket
12.4.2. Hypermarket
12.4.3. Convenience store
12.4.4. Online shopping mall
12.4.5. Specific retailers
12.4.6. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Non-Peanut Nut Butters Market Size and Volume Forecast by Type
12.7.1. Almond butter
12.7.2. Hazelnut butter
12.7.3. Cashew butter
12.7.4. Acorn butter
12.7.5. Pistachio butter
12.7.6. Walnut butter
12.7.7. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Non-Peanut Nut Butters Demand Share, 2019-2026
13. Middle East & Africa Non-Peanut Nut Butters Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Non-Peanut Nut Butters Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Non-Peanut Nut Butters Market Size and Volume Forecast by Application
13.4.1. Supermarket
13.4.2. Hypermarket
13.4.3. Convenience store
13.4.4. Online shopping mall
13.4.5. Specific retailers
13.4.6. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Non-Peanut Nut Butters Market Size and Volume Forecast by Type
13.7.1. Almond butter
13.7.2. Hazelnut butter
13.7.3. Cashew butter
13.7.4. Acorn butter
13.7.5. Pistachio butter
13.7.6. Walnut butter
13.7.7. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Non-Peanut Nut Butters Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Non-Peanut Nut Butters Market: Market Share Analysis
14.2. Non-Peanut Nut Butters Distributors and Customers
14.3. Non-Peanut Nut Butters Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. The J.M. Smucker Company
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Justin's
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Barney Butter
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Once Again Nut Butter Collective
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. MaraNatha
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Blue Mountain Organics
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Big Spoon Roasters
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Nuts'N More
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Wild Friends
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. NuttZo
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Futter's Nut Butters
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Yumbutter
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Naturally Nutty
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Julie's Real
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Georgia Grinders
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Eliot's Adult Nut Butters
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
&nbs
