Report Code: A15655 | Pages: NA | Jul 2023 | 1154 Views | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Nut Butters Market
Request Now !The nut butters market is experiencing a significant growth, and will grow considerably in next few years. The ‘nut butters’ is a common term for any type of spreadable food products that are prepared from blended or crushed nuts.
The nut butters have gained popularity from the last few years and the demand is increasing considerably. In earlier days, the only available substitute was peanut butter to the dairy butters, but over the past few years, the technological advancements and the increasing consumer awareness regarding the nut butters or plant-based butters, has uplifted the growth of myriad varieties of plant-based butter.
COVID-19 Impact analysis
Top Impacting Factors
Market Trends
Rise in demand for plant-based butters
The rising health concerns regarding dairy butter consumption because of its fat content has increased the demand for the alternative plant-based butters such as seeds, and nut butters. Seeds and nuts are high nutrient value foods and have been regular components of human diet since past times. Nut butters are generally consumed as spreads over various snacks and food products as they are good taste enhancers and are handy to use.
The various health benefits
The nut butters are enriched with antioxidants, and various vital vitamins (B7, C & E) and minerals such as manganese, selenium, along with phenols, flavonoids, polyphenols, and magnesium. That prevents cancer, maintains blood cholesterol level and blood pressure, and also prevents CVDs (cardiovascular diseases). Additionally, the increase in the incidences of dairy butter-based food allergies can be witnessed along with awareness regarding animal welfare have contributed to the growing trend for veganism. Apart from veganism, the vegetarian population are another key factor that is driving the growth of nut butters market.
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Questions answered in the Report
Nut Butters Market Report Highlights
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Key Market Players | Eliot’s Adult Nut Butters, Wild Friends, Once Again Nut Butter, CACHE CREEK FOODS, Barney & Co, Barney Butter, Georgia Grinders, Yumbutter, The J. M. Smucker Co., Funky Nut Company, NuttZo Co, Krema Nut Company, California, LLC, Hormel Foods Corporation, Justin's, Nuttzo, Bliss Nut Butters, Futter’s Nut Butters, Big Spoon Roasters, Blue Mountain Organics, Hain Celestial, Nuts’N More |
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