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almond
butter market was valued at USD 130.1 million in 2021 and is expected to
reach the value of USD 246.21 million by 2029, at a CAGR of 8.30% during the
forecast period of 2022-2029.
Micellar caseins are
generated from milk and are a form of casein protein. These caseins are
naturally found in curd and account for 80% of milk protein. They're commonly
utilized to treat bodily deficits in critical amino acids. Micellar casein is
mostly employed in sports nutrition because of its ability to minimize muscle
breakdown and efficiently deliver amino acids to cells.
Market Definition
Almond butter is a food paste
made from either roasted or raw almonds. Almond butter is high in unsaturated
fats, which are good for your heart. It is also high in proteins, vitamins, and
minerals. Almond butter has a slightly sweet, mild roasted almond flavour, and
some manufacturers make almond butter from blanched almond, which tastes like
peanut butter and is easy to digest. It has a creamy, smooth texture. Almond
butter comes in a variety of flavours and textures.
Segment Analysis:
Application (Food Industry, Cosmetics Industry, Other
Applications), Distribution Channel (Online Retail, Hypermarkets and
Supermarkets, Departmental Stores and Convenience Stores), Type (Raw Almond
Butter, Roasted Almond Butter)
Scope of the Almond
Butter Market
Almonds identified as a plant-based superfood, and as a
result, they are becoming increasingly popular for the production of non-dairy
products. Foods made with non-dairy almond protein powder and almond butter
have proven nutritional benefits as well as exceptional flavour and texture.
The clean flavour of almond butter allows it to be used to imitate typical
dairy flavours, which increases its popularity.
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Key Market
Competitors Covered in the Report
Unilever (UK),
Procter & Gamble (US), The J.M. Smucker Company (US), Hormel Foods
Corporation (US), Boulder Brands (US), The Kraft Heinz Company (US), Algood
Food Co. (US), Conagra Brands, Inc. (US), Britannia Dairy Private Limited
(India), Hormel Foods Corporation (US), Justin's, LLC (US), The Leavitt
Corporation (US), DiSano (India), Alpino (India), Pintola (India)
Research Methodology: Global
System Integrator Market for Retail and Consumer Goods
Data collection and base year analysis are done using data
collection modules with large sample sizes. The stage includes obtaining market
information or related data through various sources and strategies. It includes
examining and planning all the data acquired from the past in advance. It
likewise envelops the examination of information inconsistencies seen across
different information sources. The market data is analysed and estimated using
market statistical and coherent models. Also, market share analysis and key
trend analysis are the major success factors in the market report. To know
more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is
data triangulation which involves data mining, analysis of the impact of data
variables on the market and primary (industry expert) validation. Data models
include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and
Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company
Market Share Analysis, Standards of Measurement, Global versus Regional and
Vendor Share Analysis. To know more about the research methodology, drop in an
inquiry to speak to our industry experts.
The retail segment will dominate the end-use segment of the Almond
Butter Market
The retail segment
will emerge as the dominating segment under end-use with approximately 61.00%
market share. This is because of the growing number of infrastructural
development activities in the market especially in the developing economies.
Further, growth and expansion of the semiconductors and electronics industry
all around the globe will further bolster the growth of this segment.
Regional
Analysis
The countries covered in the Almond
Butter Market report are U.S., Canada, Mexico in North America, Germany,
Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium,
Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India,
South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand,
Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC),
Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi
Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA)
as a part of Middle East and Africa(MEA).
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Report:https://www.databridgemarketresearch.com/reports/global-almond-butter-market
COVID-19 Impact on Almond Butter Market
COVID-19 Pandemic is a worldwide pandemic that has affected
many countries. It has wreaked havoc on the business and marketing fields. The
supply chain was disrupted from one location to another due to transportation
restrictions for export and import. Transport of raw materials such as almond
butter and related items to industries is also restricted. As a result of a
lack of raw materials and a lack of manpower, the manufacturing industries
faced numerous challenges, leading to a shutdown. As a result, almond butter
production is delayed. Reduced production results in decreased demand for the
product. However, as the number of Corona cases decreases and the lockdowns are
lifted, the almond butter market grows rapidly.
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North
America Encoder Market
·
Chapter
One: Introduction
·
Chapter
Two: Market Segmentation
·
Chapter
Three: Market Overview
·
Chapter
Four: Executive Summary
·
Chapter
Five: Premium Insights
·
Chapter
Six:Almond Butter Market
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