Market Research Future (Food and Beverages) Nut Butters Market Research Report | Page 3

Global Nut Butters Market Research Report - Forecast to 2027
2 Market Overview
Nut butters can be prepared using several nuts such as almond, peanuts, cashews, seeds (pumpkins, sesame, etc).
Nut butters. Among all the varieties, peanut butter is most widely used. However, growing incidences of peanut
allergy, consumers have shifted to other alternatives owing to rising awareness level about the product availability.
In addition, nut butter contains essential nutrients such as fiber, protein, vitamins and minerals, and healthy fats,
among others. These healthy benefits of nut butters are likely to give a push to market growth. The product can help
in improving cholesterol level, aid in weight loss, and can help in stabilizing blood sugar level. Increasing awareness
regarding health benefits of nut benefits is fueling the demand for the product owing to which the market for nut
butters is growing at a striking rate globally.
Furthermore, the product is available in variety of flavors such as chocolate, vanilla, among others, which attracts
consumers’ attention. Also, apart from being used as a spread, it can also be blended in sauce, can be used in
bakery products, as well as can be used for preparing smoothie owing to their distinct taste and flavor. Therefore,
the versatile uses of the product are likely to give impetus to the demand for the product during the forecast period.
Latest Industry Updates:
Mar 2018- RX Bar, a subsidiary of Kellogg Co. is planning to launch nut butter spread. The new product launch is in
line with company’s business policy to diversify its product portfolio.
Jan 2018- Fuel 10K launched three peanut butters in squeezy, resealable pouches. The product is available in
smooth and crunchy version.
Mar 2017- Pacific Beach Co. Inc. launched new protein peanut butters. The product contains whey protein isolates
which is easily digestible and aid in muscle growth.
Jul 2016- Probar LLC introduced a new line of plant based organic nut butters. The product category include peanut
and almond blends.
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