Global Almond Butter Market- Analysis and Forecast, 2017-2023

The Global Almond Butter Market was worth USD xx billion in 2016 and estimated to be growing at a CAGR of xx%, to reach USD xx billion by 2021. Almond Butter is a food paste which is prepared from almonds. Almond butter can be smooth or crunchy and is generally either emulsified or susceptible to oil separation. Almond butter can be either roasted or raw. Almond butter is generally refrigerated once opened to prevent oil separation and spoilage.

Almond butter has high amounts of potassium, iron, monounsaturated fats, calcium, and manganese. It’s believed to be a good source of phosphorus, riboflavin and copper, and also as an very good source of magnesium, vitamin E and fiber. Almond butter also provides good amounts of dietary protein. Almond butter serves as an alternative to peanut butter for people allergic to peanut or to those disliking the taste of peanuts. Almond butter contains a lot more calcium, potassium, fiber, iron, and manganese than peanut butter, and around half the saturated fat, although it has a slightly higher total fat.

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The driving factors of global Almond Butter market are its high nutritional content, health benefits offered by the paste, growing demand for peanut butter substitutes, rising market for cosmetics and skincare, its applications as a moisturiser during massages and its ability to blend with natural oils easily among others. Among the primary restraints that the market is facing are its very high fat content.

The global Almond Butter market is segmented based on application into food industry, cosmetics industry and others. On the basis of type, the market is segmented into organic and conventional. Organic is further segmented into raw almond butter and roasted almond butter. Raw almond butter is expected to have the fastest growth rate in the segment owing to its high nutritional content since it is not heated. Roasted almond butter is expected to have a steady growth rate. Based on distribution channel, the market is divided into online retail, hypermarkets and supermarkets, departmental stores and convenience stores. Online retail is expected to have the largest share in the segment.

Market Segmentation
• Application
 Food Industry
 Cosmetics Industry
 Other Applications
 Y-o-Y Growth Analysis, By Application
 Market Attractiveness Analysis, By Application
 Market Share Analysis, By Application

• Type
 Raw Almond Butter
 Roasted Almond Butter
 Y-o-Y Growth Analysis, By Type
 Market Attractiveness Analysis, By Type
 Market Share Analysis, By Type

• Distribution Channel
 Online Retail
 Hypermarkets and Supermarkets
 Departmental Stores
 Convenience Stores
 Y-o-Y Growth Analysis, By Application
 Market Attractiveness Analysis, By Application
 Market Share Analysis, By Application

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Scope of the report:
• Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
• Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
• Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
• A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
• Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

The Global Almond Butter market is divided based on geography into North America, Latin America, Asia-Pacific, Middle East and Africa and Europe. North America has the leading market for Almond Butter in the world, which is followed by Europe and Asia Pacific regions. Asia Pacific region is expected to have the fastest growth rate during the forecast period due to rising consumption in countries such as India and China.

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Some of the major players in the market are Barney Butter, Maranatha, Futter's Nut Butters, Once Again Nut Butter, Cache Creek Foods, Justin's, Sokol & Company, Dakini Health Foods, Edennuts, The J.M. Smucker Company, Nuts'n More, California Almonds, Zinke Orchards, Premier Organics, Solstice Canyon, Prana.

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