Reports

Sale

United States Nut Based Spread Market

United States Nut Based Spread Market Share, Size, Analysis, Forecast: By Product: Peanut Based Spreads, Almond Based Spreads, Walnut Based Spreads, Cashew Based Spreads, Hazelnut Based Spreads, Others; By Form: Crunchy, Creamy; By Packaging Type: Glass Packaging, Others; By Distribution Channel; Competitive Landscape; 2024-2032

United States Nut Based Spread Market Outlook

The United States nut based spread market size reached a value of approximately USD 2.57 billion in 2023. The market is further expected to grow at a CAGR of 6.4% between 2024 and 2032, reaching a value of USD 4.48 billion by 2032.

 

united states nut based spread market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Key trends in the market

Nut based spreads are prepared by processing various nuts including but not limited to cashews, almonds, peanuts, and hazelnut, and grinding the into a paste. The paste can then be used to spread on different food items, similar to butter, or mixed with liquids to form a sauce. They have high nutritional value and are rich in proteins, fibres, vitamins, and minerals, among others. They help in increasing good cholesterol levels while keeping bad cholesterol levels under check.

 

  • Increased preference for incorporation of plant based dietary options into regular diets is boosting the demands for nut based spreads. The health benefits along with rich flavouring options have made them a popular food option among the American population, and people following vegan diets are also able to get varied options with nut based spreads.
  • Growing concerns pertaining to physical appearances among the American population is yet another factor contributing to United States nut based spread market. Nut based spreads are becoming increasingly popular among such individuals due to their low-calorie content and high quality of taste and nutritional content.
  • Rising disposable incomes have enabled many households to switch to nut based spreads, with sedentary lifestyle coupled with hectic work schedules further catalysing the growth of the market. The high nutritional value and preparation convenience, makes nut based spreads with breads an ideal breakfast option.
  • The growing popularity of innovative recipes that utilise nut based spreads are a key trend in the United States nut based spread market with various social media platforms and accounts promoting different recipes with nut based spreads. Some options include nut based spreads in muffins, cookies, salad dressings, and granola.

 

Market Analysis

 

united states nut based spread market by segments

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Based on product, the United States nut based spread market is segmented into peanut based spreads, almond based spreads, walnut based spreads, cashew based spreads, and hazelnut based spread, among others. On the basis of form, the market is bifurcated into crunchy and creamy. Based on packaging type, the market is divided into glass packaging and plastic packaging. By distribution channel, the market is segregated into supermarkets and hypermarkets, convenience stores, and online stores, among others.

 

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the United States nut based spread market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans. 

 

  • The J.M. Smucker Company
  • Hormel Foods, LLC
  • Post Consumer Brands, LLC
  • The Kraft Heinz Company
  • Conagra Brands, Inc.
  • Hain Celestial Group
  • BetterBody Foods
  • Pip & Nut Ltd.
  • Ingenuity Brands
  • Others

 

Market Share by Product

Regular consumption of nut based spreads has led to an increase in demand for varied options in the nut based spread market. Hazelnut based spreads are witnessing significant growth in the United States nut based spread market due to their slightly sweet taste which is widely enjoyed by consumers. They impart a chocolaty flavour and are commonly used as a healthier alternative to traditional sweets, by adding them to different recipes or spreading on toasts. Among more health-conscious consumers, almond based spreads are gaining popularity due to their high nutritional value and suited combination with fruits, increasing their demand in the United States nut based spread market.

 

Market Share by Form

Creamy forms of nut based spreads account for a sizable share of the United States nut based spread market due to their versatility in use in various recipes and on different types of bread. While preference for form of nut based spreads does vary depending upon personal choice, creamy textures are easier for spreading and can be combined with other condiments and ingredients with ease. However, for use as a sole spread, there is still adequate demand for crunchy nut based spreads among adults due to their nutritional value.

 

Nut based spreads are nutrition powerhouses in both crunchy and creamy forms, but the difference of texture and taste is what separates them both. Crunchy nut based spreads contain complete or partial pieces of nuts in them, whereas creamy nut based spreads are smoother and the nuts are completely blended in. Both forms contain abundance of essential nutritional components, however, in some cases the crunchy nut based spreads contain more fibres than their creamy counterparts. 

 

united states nut based spread market report

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Competitive Landscape

The Kraft Heinz Company was founded in 2015 and is headquartered in Illinois in the United States. It is one of the largest global beverage and food companies, with over 20 brands in its profile, including the famous Heinz and Kraft. The company’s focus is on providing high quality, nutrition, and great taste for all types of eating occasions, including in restaurants, at home, or on the go.

 

The J.M. Smucker Company is a manufacturer of beverage and food products, which was established in 1897 and is headquartered in Ohio, United States. Their three major business units are pet food and snacks, consumer foods, and coffee. The company is known as a manufacturer and marketer of products including peanut butter, condensed milk, and ice cream toppings, among others.

 

Conagra Brands, Inc. was established in 1919 and is based in Illinois, United States. It is a consumer packaged goods holding company that makes and sells products under many brand names. Their products are readily available in restaurants, supermarkets, and food service establishments, and include frozen meals, cooking sprays, margarines, spreads, side dishes, sauces, and snacks, among others.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product
  • Form
  • Packaging Type
  • Distribution Channel
Breakup by Product
  • Peanut Based Spreads
  • Almond Based Spreads
  • Walnut Based Spreads
  • Cashew Based Spreads
  • Hazelnut Based Spreads
  • Others
Breakup by Form
  • Crunchy
  • Creamy
Breakup by Packaging Type
  • Glass Packaging
  • Plastic Packaging
  • Others
Breakup by Distribution Channel
  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Online Stores
  • Others
Market Dynamics
  • SWOT
  • Porter's Five Forces
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • The J.M. Smucker Company
  • Hormel Foods, LLC
  • Post Consumer Brands, LLC
  • The Kraft Heinz Company
  • Conagra Brands, Inc.
  • Hain Celestial Group
  • BetterBody Foods
  • Pip & Nut Ltd.
  • Ingenuity Brands
  • Others

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Market Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
7    Opportunities and Challenges in the Market
8    United States Nut Based Spread Market Overview

    8.1    Key Industry Highlights
    8.2    United States Nut based Spread Historical Market (2018-2023) 
    8.3    United States Nut Based Spread Market Forecast (2024-2032)
9    United States Nut Based Spread Market by Product
    9.1    Peanut Based Spreads
        9.1.1    Market Share
        9.1.2    Historical Trend (2018-2023)
        9.1.3    Forecast Trend (2024-2032)
    9.2    Almond Based Spreads
        9.2.1    Market Share
        9.2.2    Historical Trend (2018-2023)
        9.2.3    Forecast Trend (2024-2032)
    9.3    Walnut Based Spreads
        9.3.1    Market Share
        9.3.2    Historical Trend (2018-2023)
        9.3.3    Forecast Trend (2024-2032)
    9.4    Cashew Based Spreads
        9.4.1    Market Share
        9.4.2    Historical Trend (2018-2023)
        9.4.3    Forecast Trend (2024-2032)
    9.5    Hazelnut Based Spreads
        9.5.1    Market Share
        9.5.2    Historical Trend (2018-2023)
        9.5.3    Forecast Trend (2024-2032)
    9.6    Others
10    United States Nut Based Spread Market by Form
    10.1    Crunchy
        10.1.1    Market Share
        10.1.2    Historical Trend (2018-2023)
        10.1.3    Forecast Trend (2024-2032)
    10.2    Creamy
        10.2.1    Market Share
        10.2.2    Historical Trend (2018-2023)
        10.2.3    Forecast Trend (2024-2032)
11    United States Nut Based Spread Market by Packaging Type
    11.1    Glass Packaging
        11.1.1    Market Share
        11.1.2    Historical Trend (2018-2023)
        11.1.3    Forecast Trend (2024-2032)
    11.2    Plastic Packaging
        11.2.1    Market Share
        11.2.2    Historical Trend (2018-2023)
        11.2.3    Forecast Trend (2024-2032)
    11.3    Others
12    United States Nut Based Spread Market by Distribution Channel
    12.1    Supermarkets and Hypermarkets
        12.1.1    Market Share
        12.1.2    Historical Trend (2018-2023)
        12.1.3    Forecast Trend (2024-2032)
    12.2    Convenience Stores
        12.2.1    Market Share
        12.2.2    Historical Trend (2018-2023)
        12.2.3    Forecast Trend (2024-2032)
    12.3    Online Stores
        12.3.1    Market Share
        12.3.2    Historical Trend (2018-2023)
        12.3.3    Forecast Trend (2024-2032)
    12.4    Others
13    Market Dynamics
    13.1    SWOT Analysis
        13.1.1    Strengths
        13.1.2    Weaknesses
        13.1.3    Opportunities
        13.1.4    Threats
    13.2    Porter’s Five Forces Analysis
        13.2.1    Supplier’s Power
        13.2.2    Buyers Powers 
        13.2.3    Threat of New Entrants
        13.2.4    Degree of Rivalry
        13.2.5    Threat of Substitutes
14    Competitive Landscape
    14.1    Market Structure
    14.2    Company Profiles
        14.2.1    The J.M. Smucker Company
            14.2.1.1    Company Overview
            14.2.1.2    Product Portfolio
            14.2.1.3    Demographic Reach and Achievements
            14.2.1.4    Certifications
        14.2.2    Hormel Foods, LLC
            14.2.2.1    Company Overview
            14.2.2.2    Product Portfolio
            14.2.2.3    Demographic Reach and Achievements
            14.2.2.4    Certifications
        14.2.3    Post Consumer Brands, LLC
            14.2.3.1    Company Overview
            14.2.3.2    Product Portfolio
            14.2.3.3    Demographic Reach and Achievements
            14.2.3.4    Certifications
        14.2.4    The Kraft Heinz Company
            14.2.4.1    Company Overview
            14.2.4.2    Product Portfolio
            14.2.4.3    Demographic Reach and Achievements
            14.2.4.4    Certifications
        14.2.5    Conagra Brands, Inc.
            14.2.5.1    Company Overview
            14.2.5.2    Product Portfolio
            14.2.5.3    Demographic Reach and Achievements
            14.2.5.4    Certifications
        14.2.6    Hain Celestial Group
            14.2.6.1    Company Overview
            14.2.6.2    Product Portfolio
            14.2.6.3    Demographic Reach and Achievements
            14.2.6.4    Certifications
        14.2.7    BetterBody Foods
            14.2.7.1    Company Overview
            14.2.7.2    Product Portfolio
            14.2.7.3    Demographic Reach and Achievements
            14.2.7.4    Certifications
        14.2.8    Pip & Nut Ltd.
            14.2.8.1    Company Overview
            14.2.8.2    Product Portfolio
            14.2.8.3    Demographic Reach and Achievements
            14.2.8.4    Certifications
        14.2.9    Ingenuity Brands
            14.2.9.1    Company Overview
            14.2.9.2    Product Portfolio
            14.2.9.3    Demographic Reach and Achievements
            14.2.9.4    Certifications
        14.2.10    Others
15    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    United States Nut Based Spreads Market: Key Industry Highlights, 2018 and 2032
2.    United States Nut Based Spreads Historical Market: Breakup by Product (USD Million), 2018-2023
3.    United States Nut Based Spreads Market Forecast: Breakup by Product (USD Million), 2024-2032
4.    United States Nut Based Spreads Historical Market: Breakup by Form (USD Million), 2018-2023
5.    United States Nut Based Spreads Market Forecast: Breakup by Form (USD Million), 2024-2032
6.    United States Nut Based Spreads Historical Market: Breakup by Packaging Type (USD Million), 2018-2023
7.    United States Nut Based Spreads Market Forecast: Breakup by Packaging Type (USD Million), 2024-2032
8.    United States Nut Based Spreads Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
9.    United States Nut Based Spreads Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
10.    United States Nut Based Spreads Market Structure

Key Questions Answered in the Report

The United States market size for nut based spreads reached a value of approximately USD 2.57 billion in 2023.

The market for nut based spreads in the United States is expected to grow at a CAGR of 6.4% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032, to reach USD 4.48 billion by 2032.

The major market drivers are increased health concerns, rising disposable income, and growing preference for spreads in breakfasts and snacks.

The key trends of the market are rising preference for plant based products, availability of numerous nut based spreads, and popularity of recipes that use nut based spreads.

The significant packaging types of nut based spreads in the market are glass packaging and plastic packaging, among others.

The leading forms of nut based spreads in the market are creamy and crunchy.

The product types of nut based spreads in the United States are peanut based spreads, almond based spreads, walnut based spreads, cashew based spreads, and hazelnut based spreads, among others.

The key distribution channels for nut based spreads are supermarkets and hypermarkets, convenience stores, and online stores, among others.

The major players in the United States nut based spread market are The J.M. Smucker Company, Hormel Foods, LLC, Post Consumer Brands, LLC, The Kraft Heinz Company, Conagra Brands, Inc., Hain Celestial Group, BetterBody Foods, Pip & Nut Ltd., and Ingenuity Brands, among others.

Purchase Full Report

Mini Report

$ 2199     $1999
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

$ 3299     $2999
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update
most popular

Five User License

$ 4399     $3999
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

$ 5499     $4999
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

NEWSLETTER