The Latin America, Middle East and Africa Almond Butter Market should witness market growth of 10.2% CAGR during the forecast period (2022-2028).
The almonds butter market is anticipated to develop due to the increased demand for almond content in various food & beverage applications, including spreads & toppings, drinks, and confectionery. The increasing preference for nut butter over other conventional goods results from customers' increased focus on health-oriented diets worldwide. Additionally, the affordable price tag coupled with the high nutritional content of these products propels their use in the packaged food & beverage business.
One of the key elements influencing consumer product uptake is the convenience these items provide due to their long shelf lives. Furthermore, the demand for vegan food products has prompted a flood of capital investors to put money into companies that produce vegan cuisine. As a result, producers of vegan cuisine are looking for financial support to grow their businesses and serve a global audience.
The cosmetics &beauty products industry is one of the most active and expanding in South America. Most Latina women know the markers of physical attractiveness in their culture. The three largest cosmetics markets in Latin America are Colombia, Brazil, and Chile. In Latin America, consumers have a keen interest in cosmetics and personal care. They are brand-savvy and more interested than ever in personal hygiene and cosmetics. Social media networks are the best resource for learning about personal care & cosmetics products. The Middle East is known for spending money on cosmetics. Grooming and care are highly valued in this society. Arab women's perceptions of their beauty rituals are changing because the region has some of the world's highest per capita beauty spending rates.
The Brazil market dominated the LAMEA Almond Butter Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $19.6 million by 2028. The Argentina market is experiencing a CAGR of 10.7% during (2022-2028). Additionally, The UAE market would display a CAGR of 9.9% during (2022-2028).
Based on Distribution Channel, the market is segmented into B2B and B2C. Based on B2B Type, the market is segmented into Food & Beverage Processing Industry, HoReCa and Personal Care & Cosmetic Industry. Based on B2C Type, the market is segmented into Hypermarkets & Supermarkets, Convenience Stores, Online and Others. Based on Nature, the market is segmented into Conventional and Organic. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hormel Foods Corporation, Hallstar, The Hain Celestial Group, Inc., Barney Butter, Nutty Novelties, 8th Avenue Food & Provisions, Cache Creek Foods, Nuts 'N More, Once Again Nut Butter and SOPHIM.
The almonds butter market is anticipated to develop due to the increased demand for almond content in various food & beverage applications, including spreads & toppings, drinks, and confectionery. The increasing preference for nut butter over other conventional goods results from customers' increased focus on health-oriented diets worldwide. Additionally, the affordable price tag coupled with the high nutritional content of these products propels their use in the packaged food & beverage business.
One of the key elements influencing consumer product uptake is the convenience these items provide due to their long shelf lives. Furthermore, the demand for vegan food products has prompted a flood of capital investors to put money into companies that produce vegan cuisine. As a result, producers of vegan cuisine are looking for financial support to grow their businesses and serve a global audience.
The cosmetics &beauty products industry is one of the most active and expanding in South America. Most Latina women know the markers of physical attractiveness in their culture. The three largest cosmetics markets in Latin America are Colombia, Brazil, and Chile. In Latin America, consumers have a keen interest in cosmetics and personal care. They are brand-savvy and more interested than ever in personal hygiene and cosmetics. Social media networks are the best resource for learning about personal care & cosmetics products. The Middle East is known for spending money on cosmetics. Grooming and care are highly valued in this society. Arab women's perceptions of their beauty rituals are changing because the region has some of the world's highest per capita beauty spending rates.
The Brazil market dominated the LAMEA Almond Butter Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $19.6 million by 2028. The Argentina market is experiencing a CAGR of 10.7% during (2022-2028). Additionally, The UAE market would display a CAGR of 9.9% during (2022-2028).
Based on Distribution Channel, the market is segmented into B2B and B2C. Based on B2B Type, the market is segmented into Food & Beverage Processing Industry, HoReCa and Personal Care & Cosmetic Industry. Based on B2C Type, the market is segmented into Hypermarkets & Supermarkets, Convenience Stores, Online and Others. Based on Nature, the market is segmented into Conventional and Organic. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hormel Foods Corporation, Hallstar, The Hain Celestial Group, Inc., Barney Butter, Nutty Novelties, 8th Avenue Food & Provisions, Cache Creek Foods, Nuts 'N More, Once Again Nut Butter and SOPHIM.
Scope of the Study
By Distribution Channel
- B2B
- Food & Beverage Processing Industry
- HoReCa
- Personal Care & Cosmetic Industry
- B2C
- Hypermarkets & Supermarkets
- Convenience Stores
- Online
- Others
By Nature
- Conventional
- Organic
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Hormel Foods Corporation
- Hallstar
- The Hain Celestial Group, Inc.
- Barney Butter
- Nutty Novelties
- 8th Avenue Food & Provisions
- Cache Creek Foods
- Nuts 'N More
- Once Again Nut Butter
- SOPHIM
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. LAMEA Almond Butter Market by Distribution Channel
Chapter 4. LAMEA Almond Butter Market by Nature
Chapter 5. LAMEA Almond Butter Market by Country
Chapter 6. Company Profiles
Companies Mentioned
- Hormel Foods Corporation
- Hallstar
- The Hain Celestial Group, Inc.
- Barney Butter
- Nutty Novelties
- 8th Avenue Food & Provisions
- Cache Creek Foods
- Nuts 'N More
- Once Again Nut Butter
- SOPHIM
Methodology
LOADING...
Related Reports
Almond Butter Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028
- Report
- 178 Pages
- Global
From
From
From
Almond Ingredients Market Report and Forecast 2024-2032
- Report
- 154 Pages
- Global
From
Almond Ingredients Market by Type, Application - Global Forecast 2025-2030
- Report
- 189 Pages
- Global
From
About the Almond Butter Market
The Almond Butter market is a subset of the larger Jellies, Preserves and Spreads market. Almond Butter is a spreadable food made from ground almonds, and is often used as a substitute for peanut butter. It is a popular choice for those with nut allergies, as well as those looking for a healthier alternative to traditional spreads. Almond Butter is typically made with no added sugar, and is high in protein, fiber, and healthy fats. It is also a great source of vitamins and minerals, making it a Read more
This product is a market research report. Each license type allows a set number of users to access the report. Please select an option from the list below. This product is a market research report. This is a single user license, allowing one user access to the product. The product is a PDF. This product is a market research report. This is a site license, allowing all users within a given geographical location of your organization access to the product. The product is a PDF. This product is a market research report. This is an enterprise license, allowing all employees within your organization access to the product. The product is a PDF. 
